I just bought some today. Bought Ethereum on Coinexchange (http://cex.io). Next register for an account on Binance (http://binance.com) then transfer the Ether there after which you can trade Ether for Tron. Full details here: https://getcrypto.info/tron/ Regards, Amarjit S. Labhuram On Jan 4, 2018 8:58 PM, "Mike via skunkworks" <skunkworks@lists.my.co.ke> wrote:
Hey
Can I ask how you buy TRON. Want to buy some.
Mike
*From:* Amarjit Labhuram via skunkworks [mailto:skunkworks@lists.my.co.ke]
*Sent:* 04 January 2018 17:00 *To:* Skunkworks Mailing List <skunkworks@lists.my.co.ke> *Cc:* Amarjit Labhuram <amarjit.labhuram@gmail.com> *Subject:* Re: [Skunkworks] Bitcoins
Hahahaha. Everyone is skeptical of high risk high returns trading though all the info is out there about crypto and I guess with an educated human population who have access to this information one would expect less skepticism. Personally jumped on to TRON today which has been showing a good growth rate and its purpose being built for the entertainment sector of which I am in as well so know the value it will bring. Ripple has been my biggest cash cow so far on the trading side while Monero mining is still going strong. I got faith!
Have a great day!
Warm regards, Amarjit Singh Labhuram.
On Thu, Jan 4, 2018 at 4:45 PM, Okechukwu via skunkworks < skunkworks@lists.my.co.ke> wrote:
I'm shocked that people who have IT knowledge and can read more about bitcoin call it a scam, SMH!
./Ok3ch
On Wed, Jan 3, 2018 at 1:55 PM, Job Muriuki via skunkworks < skunkworks@lists.my.co.ke> wrote:
Currently, Bitcoin is not operating as per design. Ask someone who has no idea of blockchain what bitcoin is and they will call it a stock.
<https://mailtrack.io/>Sent with Mailtrack <https://chrome.google.com/webstore/detail/mailtrack-for-gmail-inbox/ndnaehgpjlnokgebbaldlmgkapkpjkkb?utm_source=gmail&utm_medium=signature&utm_campaign=signaturevirality>
Regards, Job Muriuki,
Skype: heviejob
On Wed, Jan 3, 2018 at 12:50 PM, Walubengo J via skunkworks < skunkworks@lists.my.co.ke> wrote:
the science behind bitcoin/cryptocurrencies/cryptoassets/etc is REAL and not a scam.
but just like the internet is real, there are those who ride the internet with evil intentions...that shouldn't make the internet a big scam ;-).
for long term benefits, focus on the science (Blockchain) behind bitcoin rather than the get-rich-schemes.
walu.
On Wednesday, January 3, 2018, 2:36:12 AM GMT+3, James Njoroge via skunkworks <skunkworks@lists.my.co.ke> wrote:
From the research I've done bit coin and other crypto currencies are a big pyramid scheme. What confirmed this is when I saw big banks taking up the crypto-currnecy concept.I feel like bit coin and the rest are just an experiment for what is to come. My advise get in and get out. Use a hardware wallet by all means. http://www.telegraph.co.uk/technology/news/10510933/ JPMorgan-files-patent-for-bitcoin-killer-currency.html https://www.rt.com/business/bitcoin-jpmorgan-internet-cash-116/
Consider that nothing you do online is really anonymous (If your a person of interest, you will be found).
On 30 December 2017 at 09:46, TheMburu George via skunkworks < skunkworks@lists.my.co.ke> wrote:
Thanks Dan, when I asked for what to lookout for I meant other innovations out there not in the lines of cryptocurrency. My take is AI for instance but how to monetize it.
./TheMburu
On Sat, Dec 30, 2017 at 5:18 AM, Dan Wanjohi <nadwanjohi@gmail.com> wrote:
The best online would be an offline one; most cryptos allow you to put your wallet on paper.
If you missed bitcoin you could try your luck on altcoins; Verge, ripple, ethereum. Ripple was at 0.2 in Dec and now at 2 and is touted to hit 20 once listed on coinbase.
Caveat; As with any investment; be prepared to lose everything!
On Fri, 29 Dec 2017 at 8:26 pm, TheMburu George via skunkworks < skunkworks@lists.my.co.ke> wrote:
Good this came up. Two questions:
1. What wallet software do you guys use and which is best suited for Kenya.
2. Now that some of use missed on the early adoption of Bitcoins. What should I/We be on the lookout for?
./TheMburu
On Sat, Dec 23, 2017 at 3:33 PM, Kevin Kamonye via skunkworks < skunkworks@lists.my.co.ke> wrote:
Most welcome. And that is a very cool video that illustrates it perfectly. Thanks!
Regards,
Kevin
On 23 December 2017 at 15:26, Amarjit Labhuram <amarjit.labhuram@gmail.com> wrote:
Hey Kevin,
Love the way you have gone a little deeper to explain the CPU GPU hashing conundrum. This helped understand the whole CPU vs GPU saga: https://www.youtube.com/watch? v=-P28LKWTzrI <https://www.youtube.com/watch?v=-P28LKWTzrI>
Have a great day!
Warm regards, Amarjit Singh Labhuram.
On Sat, Dec 23, 2017 at 2:34 PM, Kevin Kamonye <kevin.kamonye@gmail.com> wrote:
Hi Amarjit,
That is true about Monero being designed to give better hash rates on CPUs than GPUs. In fact it was designed to be resistant to GPUs completely.
But we all know how some people are wired to just want to overcome limitations and restrictions :-)
We now have GPU mining apps that have been released and are being improved upon everyday- right now there are those that even do all in one mining for CPU & GPU.
And though I do not want to get too deep into the tech details, the fact is that GPUs will always perform much better in proof-of-work algorithms such as Monero's cryptonight.
In case someone is really keen to understand why, see the below analogy that explains it well enough.
CPUs are in the range of 2-16 cores, while GPUs are 2000-3000 cores - typically speaking. Now imagine each CPU core being like a super strong and heavy fighter and each GPU core being a small but nimble kid. Hashing algorithms are like picking up berries from the ground; thousands of kids are much better at it than a few strong dudes...
The incentive to do this is that setting up a GPU rig for mining is always cheaper because you can slot in several bad boys into one rig as compared to CPUs. It can also be practical to run depending on your power costs.
Last thing, and I am getting into all this so that we can always value facts, CPUs are cheap yes but not the CPUs that need to handle algos such as cryptonight. There is a huge memory requirement (2MB cachemem per core) and such CPUs are not cheap. Otherwise you would have 16 cores but with 12MB mem meaning that you can only use 12/2 = 6 cores for hashing.
Regards,
Kevin
On 23 December 2017 at 13:41, Amarjit Labhuram <amarjit.labhuram@gmail.com> wrote:
Hi Kevin,
Actually the Hash rates for mining Monero on a GPU are lower than mining say another crypto like Ethereum or Lite Coin on the same rig. Monero is designed to give better hash rates on CPU than GPU. That was my two cents that I was sharing.
Have a great day!
Warm regards, Amarjit Singh Labhuram.
On Fri, Dec 22, 2017 at 5:29 PM, Kevin Kamonye <kevin.kamonye@gmail.com> 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.
[image: Inline images 1]
[image: Inline images 2]
[image: Inline images 3]
Regards,
Kevin
On 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?
Regards
On Dec 22, 2017 1:40 PM, "Josiah Mugambi via skunkworks" < skunkworks@lists.my.co.ke> wrote:
Probably try mining monero
On 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:
Found this thread and wondering if anyone had bought or mined some and how many anipee :)
./TheMburu
On 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 <https://www.facebook.com/MtGox/posts/455962117821534>
Original source: http://mashable.com/20 13/04/11/bitcoin-was-the-victi m-of-its-own-success-not-ddos- attack/ <http://mashable.com/2013/04/11/bitcoin-was-the-victim-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/si tes/timothylee/2013/04/09/bitc oin-is-a-disruptive-technology / <http://www.forbes.com/sites/timothylee/2013/04/09/bitcoin-is-a-disruptive-technology/>
Martin.
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