Excellent post from cryptobadger about how to maximize revenue for miner.
Guide to mine LiteCoin :
- Check CoinChoose often.
- If an altcoin is significantly more profitable than litecoin, switch your miner(s) over to it by signing up for a mining pool that deals with that particular altcoin and pointing cgminer at it.
- Sign up for Vircurex, Bter.com, or another cryptocurrency exchange.
- Cashout from the altcoin mining pool directly into Vircurex (you can generate addresses within the “accounts” section of Vircurex for this purpose).
- Trade the altcoin for bitcoin (or litecoin, or whatever you want) on Vircurex.
And if you’re comfortable with a little bit of light scripting, you can automate the entire process of mining the most profitable currency and converting your gains into bitcoins by using CryptoSwitcher.