<p>I recommend you try mining with your current hardware first for Litecoin and a less popular altcoin like Yacoin, then look to invest in hardware.  Litecoin is popular enough that it will take you multiple weeks before you earn enough in a Litecoin pool to withdraw.</p>

<p>You can compare Litecoin hardware output here:
<a href="https://litecoin.info/Mining_hardware_comparison" rel="nofollow">https://litecoin.info/Mining_hardware_comparison</a></p>

<p>Yacoin is up and coming but is still low in difficulty enough that you can earn enough in a day or two and while using your CPU.</p>

<p><a href="http://www.yacoin.org/" rel="nofollow">http://www.yacoin.org/</a></p>

<p>For an example to put it in perspective, on one of my machines, I mine for Litecoin using my GPU and I also mine for Yacoin using my CPU.  I am getting close to 5 Litecoins mined but I have already mined over 700 Yacoins.</p>

CC BY-SA 3.0
2014-01-24T03:06:29.030Z
2014-01-24T03:06:29.030Z
Scott
<p>If you can get good graphics card with $200 install that in your computer and start mining newly launched Altcoins and later exchange them with Bitcoin </p>

CC BY-SA 3.0
2014-01-23T15:21:12.070Z
2014-01-23T15:21:12.070Z
Khan Shahrukh
<p>I'm new to all of this... want some help with definitions such as GPU/CPU, etc..  </p>

<p>Also, I understand BTC is no longer relevant in terms of individually mining... what would I purchase for under $200 that I could use to mine litecoin or altcoin or anything like that?  </p>

<litecoin><altcoin>
Looking to start mining litecoin/altcoin
pharmstudent
# Looking to start mining litecoin/altcoin

(Asked by: username_0 on 2014-01-23)

I'm new to all of this... want some help with definitions such as GPU/CPU, etc..

Also, I understand BTC is no longer relevant in terms of individually mining... what would I purchase for under $200 that I could use to mine litecoin or altcoin or anything like that?

**Tags:** litecoin, altcoin


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## 2 answers

### Answer by username_1 on 2014-01-24. Score: 1

I recommend you try mining with your current hardware first for Litecoin and a less popular altcoin like Yacoin, then look to invest in hardware. Litecoin is popular enough that it will take you multiple weeks before you earn enough in a Litecoin pool to withdraw.

You can compare Litecoin hardware output here:
<https://litecoin.info/Mining_hardware_comparison>

Yacoin is up and coming but is still low in difficulty enough that you can earn enough in a day or two and while using your CPU.

<http://www.yacoin.org/>

For an example to put it in perspective, on one of my machines, I mine for Litecoin using my GPU and I also mine for Yacoin using my CPU. I am getting close to 5 Litecoins mined but I have already mined over 700 Yacoins.


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### Answer by username_2 on 2014-01-23. Score: 0

If you can get good graphics card with $200 install that in your computer and start mining newly launched Altcoins and later exchange them with Bitcoin


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