Building a Bitcoin mining rig for under $500: Part 1

We’ve had a number of requests from readers to put-together an article about how to build a Bitcoin mining rig without breaking the bank. While everyone considers different numbers to be high we think $500 is a fair place to draw the line as I think we can all agree that less than $500 is affordable.

Bitcoin Mining Rigs

The big question we want to answer is, can you still squeak out a profit running a mining rig in the US without spending thousands of dollars on the top of the line hardware? Many people have exited the Bitcoin mining game claiming that it’s getting harder and harder to make any money. This has also led a good number of people in the Litecoin and Dogecoin mining game which is another topic we’ll be covering after this series.

We are opening up the hardware selection for this series to the Bitcoin community, if you have a recommendation feel free to either post it in the comment section here, or on this thread on BitcoinTalk.

Given the number of outdated tutorials there are out there about Bitcoin mining we look forward to providing a fresh look at this for anyone looking to get started in the mining world.

Photo Credit: brendanlim via Compfight cc

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