Quote from: sgk on April 18, 2014, 10:01:49 AM

Quote from: C64_4EVA on April 15, 2014, 01:28:40 PM

i'm still in the research phase... if you were just starting out, would you build a rig or just buy certain coins on an exchange?

Rather than building a GPU rig for altcoins, I would suggest you directly jump over the next stage, scrypt ASIC. GPU mining of most altcoins is going to be out the door in a few weeks. If I were you with some decent money, I'd order a KNC Titan scrypt ASIC or Fibonacci chips and start mining Litecoins when I receive it. Meanwhile you can do the buy-sell trading. And if you have a couple of GPUs you want to utilize right now, point them to some X11 coins such as DarkCoin.

I agree. If you are building a rig for scrypt, go with ASICs. You'll need to mine for 3 months and then sell your hardware to someone who doesn't understand that the hardware will be worthless in 3 more months.

If you can't do that, set up a GPU rig and mine ASIC resistant coins. Scrypt-n and X11 are good for now. As they become more profitable, the ASIC makers will try to hit them too.