On 22 Dec 2017 19:12, "Mwendwa Kivuva" <lordmwesh@gmail.com> wrote:
Great analysis Kevin. From many analysis I've seen, not just with Monero, it makes more sense to buy and hodl than mine, since miners only profit with the appreciation of the crypto assets. So just buy low, and hodl and then HODL some more. Unless of course you are an early adopter and start mining coinx and hold tonnes of it before anybody knows about them.RegardsOn Dec 22, 2017 5:36 PM, "Kevin Kamonye via skunkworks" <skunkworks@lists.my.co.ke> wrote:Hi Amarjit,Actually GPUs can pump out a higher hash rate. But the total power draw is high and of course most are out of stock everywhere. That is unless you buy a used one of which you cannot be sure of its condition.See the comparisons of the current top bench-marked CPUs and GPUs.Regards,KevinOn 22 December 2017 at 17:08, Amarjit Labhuram via skunkworks <skunkworks@lists.my.co.ke> wrote:Based on Jamo's response on Monero and being a Monero miner myself its the current Hash rates are easier to achieve than other mineable cryptos that are heavily trading and on the rise price wise. Also its more CPU reliant than GPU so rigs or less expensive to setup.Have a great day!
Warm regards,
Amarjit Singh Labhuram.On Fri, Dec 22, 2017 at 3:50 PM, Mwendwa Kivuva via skunkworks <skunkworks@lists.my.co.ke> wrote:Interesting conversation.If we stay out of the production side of crypto, we will find ourselves where we were in 1991 when the entire would had embraced the internet, and Africa was lagging behind.Josiah, how have you identified Monero as appropriate to mine? Uses less power, cheaper equipments, less competition?RegardsOn Dec 22, 2017 1:40 PM, "Josiah Mugambi via skunkworks" <skunkworks@lists.my.co.ke> wrote:Probably try mining moneroOn Dec 22, 2017 1:26 PM, "Amarjit Labhuram via skunkworks" <skunkworks@lists.my.co.ke> wrote:Hahaha....mining Bitcoins at the moment is a serious hardware investment and with our power rates its quite expensive. Whoever mined then is able to sponsor my Governor aspiration campaign ya 2022 if they cash out now...hahaha!Have a great day!
Warm regards,
Amarjit Singh Labhuram.On Fri, Dec 22, 2017 at 12:51 PM, TheMburu George via skunkworks <skunkworks@lists.my.co.ke> wrote:http://lists.my.co.ke/cgi-bin/Found this thread and wondering if anyone had bought or mined some and how many anipee :)./TheMburuOn Thu, Apr 11, 2013 at 2:33 PM, Martin Chiteri <martin.chiteri@gmail.com> wrote:It also seems that Bitcoins were a victim of their own success more than anything else https://www.facebook.com/MtGox/posts/455962117821534 Original source: http://mashable.com/2013/04/11/bitcoin-was-the-victi m-of-its-own-success-not-ddos- attack/
Martin.On Thu, Apr 11, 2013 at 2:06 PM, Martin Chiteri <martin.chiteri@gmail.com> wrote:
Hi Dennis,On Thu, Apr 11, 2013 at 2:00 PM, Dennis Kioko <dmbuvi@gmail.com> wrote:
DDOS attack has been ruled out as cause of drop of value.
Personally, keeping away from Bitcoin as I really do not understand some of its aspects, especially control and banking.
I think one of the major attractions of Bitcoins is the element of no centralized control (by the government and central bank / federal reserve) which appears to be one of the major weaknesses affecting the monetary system.This article explains it quite well: http://www.forbes.com/sites/timothylee/2013/04/09/bitc oin-is-a-disruptive-technology / Martin._______________________________________________
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