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How To Build The Cheapest Mining Rig Possible! 2022The short answer is that you cannot build a budget mining rig. Without access to affordable electricity, running a mining rig will cost more. Interested in building a system for mining cryptocurrency? Here's all the hardware you need and what you need to know to get started. 1. Prepare the Motherboard � 2. Install CPU, Heat Sink & Fan � 3. Install RAM � 4. Install Motherboard � 5. Install Power Supply Unit (PSU) � 6.