Before 2.1 undermining was boring transport ship farming, but now its quite fun and quite challenging and you can get a lot of materials, too.
So what you need to have to make it fun my setup:
Federal Corvette with cargo (this is important) but I guess almost any ship is OK
Gameplay:
Destination: select some Enemy power system, for start you can start in Anarchy (easiest) and then increase difficulty by going to non Anarchy systems from Low to High for "ultimate action"
1) merits and materials for haulers and other transport ships, for extra challenge undermine in non anarchy system, then you need collect materials fast or police will get you
2) in supercruise while waiting for transport ship to spawn scan all ships to get extra data, optional feature - attack every good value ship
3) since you have cargo pirates will attack you in Condas (if you in high end ship like fCorrvette) kill them = get some staff and bounty, too.
4) After some time Bounty hunters and police will attack you = extra action
5) Go to high security system where police react very fast due 2.1 changes, here I guess you will need Wingup with somebody or have very good ship with Rank 5 mods - did not tried yet
My favorite activity in game currently
So what you need to have to make it fun my setup:
Federal Corvette with cargo (this is important) but I guess almost any ship is OK
Gameplay:
Destination: select some Enemy power system, for start you can start in Anarchy (easiest) and then increase difficulty by going to non Anarchy systems from Low to High for "ultimate action"
1) merits and materials for haulers and other transport ships, for extra challenge undermine in non anarchy system, then you need collect materials fast or police will get you
2) in supercruise while waiting for transport ship to spawn scan all ships to get extra data, optional feature - attack every good value ship
3) since you have cargo pirates will attack you in Condas (if you in high end ship like fCorrvette) kill them = get some staff and bounty, too.
4) After some time Bounty hunters and police will attack you = extra action
5) Go to high security system where police react very fast due 2.1 changes, here I guess you will need Wingup with somebody or have very good ship with Rank 5 mods - did not tried yet
My favorite activity in game currently