Litecoin is one popular cryptocurrency that has been in the industry for quite some time now. It has seen a considerable transformation over the years and there have been many changes in the hardware infrastructure. If you need some information on how to get the proper litecoin mining rig the following may be of interest to you.
Why litecoin:
Bitcoins are the ultimate choice so far as profits are concerned. However, it has certain limitations for the new miners. One obvious fact is its higher price in comparison to all the cryptocurrencies available today. Litecoin is amongst the most profitable digital currencies to mine based on value and speed.
If you are a new miner, it is very important to choose the right litecoin mining rig. The advantage here with the rig is that most of the components can be used to mine any other cryptocurrency that you may find more profitable later. To have the maximum advantage, you must use the latest available hardware and keep upgrading for speed and efficiency.
Hardware components:
There are many factors you must consider when building your own litecoin mining rig.
Motherboard: The motherboard is not an important component. It must have the PCI-E slots to accommodate the GPUs. There are some motherboards specifically built for mining which come with GPUs and power supplies. Some of the top brands include Asus B250, ASRock H110ProBTC+, Biostar TB250-BTC etc. Your usage of GPUs may vary and you could use an existing motherboard if you have one so long as it accommodates at least 4 GPUs.
CPU/Processor: There is no hard and fast rule regarding the CPUs. You need one that works fine with the motherboard. Most of the important mining work is done by the GPUs so you need not block your money buying any latest CPU model.
RAM: You may require 4GB RAM whether you are on a Windows or Linux operating system. Linux may work well on a 2GB RAM.
Power supply: It is a very important component. You need one that consumes less electricity or it will have a telling effect on your expenses and ultimately on your profits. A 4GPU rig will require about 800-watt while for a 6 GPU rig you will need 1200w PSU.
GPUs: Though power efficiency is an important point to consider in the GPUs, you need ones like the RX570 or RX 580. They must have a good memory speed to get the best performance. The higher the memory speed, better will be the performance. This does not have anything to do with the memory capacity. Like mentioned above, a 4GB Ram will work fine for mining.
Choice of operating system:
You could build a litecoin mining rig on either Linux or Windows operating system depending on which server you are comfortable with. The process is almost similar in both. Linux could do fine since it is more cost-efficient. There is no license fee for Linux and it is available free. There will not be any difference in the performance as it largely varies based on the hardware you use.
Optimization:
Electricity consumption can tilt your profitability to a very large extent. It is the crucial factor that you must look at when building your litecoin mining rig. Use the CGminer to overclock the video cards. It will require some technical competency to handle the issues.
You also could opt for the cloud mining. It is far more cost-efficient. You will not have to buy any hardware. Choose a cloud mining provider and buy hashing power. The providers will maintain the infrastructure. Cloud is more reliable and ensures maximum uptime.
