How to take inputs faster using Raspberry Pi

I am trying to detect different frequency signals using a Raspberry Pi and an ADC converter (PCF8591). My initial guess was the highest frequency I could detect would be limited by the speed of the I2C bus (which is about 400000 bauds). But when I run the setup, I could only get sampling speeds of around 10000 samples/sec. This value lies very close to the time taken to run an empty for loop in python (which is about 10^(-5) seconds which is equivalent to 10^(5) samples/sec).

I wanted to...

How to take inputs faster using Raspberry Pi