Francesco over at Garage Tech posted a detailed how-to on building a Raspberry Pi Zero POV setup to display text from a file using an LED:
The most important part of getting the Pi Zero POV to run smoothly is given by how do you fix the payload of this spinning rocket onto the CD. Placing the Pi Zero in the right place will make so that when turning, the whole setup will have as little as possible vibrations. The rule of thumb we followed was to drill two 3 mm holes on opposite sides of the central hole of the CD and so that they would sit on one of the disk diameters.
Full details at Garage Tech homepage.