Yes there is. How do you think the exchanges send and receive coins?

It is different from the bitcoin API, which makes for a bit of a challenge in integration, but those who want to put in the effort can do it.

When it is ready. You can help by testing it.

Mostly trading bots

It is a myth that botnets are 100% profit. It is well documented that botnet nodes have a market price. If mining brings in less than that, it is better to sell the node (or do something else with it).

Our primary concern though is creating the most secure and private coin and that means (among other things) decentralization of mining. If that includes botnets, well, we can't solve every problem in the world. As fluffypony said it can a relatively small part of the system, assuming a large number of users. But without users, none of this actually matters.

Meaning?

There is no method to change the language right now.

For now just be sure your .keys file is safely backed up. The seed is an optional feature to help restore the wallet but if you have trouble with that you can still always restore from a .keys file.

To clarify I had no idea what the "hash" was being used for in the conversation. mod is of course no good for security purposes at all.

We discussed some more in IRC. It seems the thing to do is get rid of x11 for block hashing (maybe -- if that even matters). Not sure what is being used for PoS so it may or may not be worth changing at all.

Very true. That was something I included in my comments about mining, not sure if it was before or after yours. To buy instead of mine you are going to have to deal with exchanges or private parties, so issues of fraud risk and privacy arise that don't exist for mining (at least not solo mining)

All true, but when you lose spots in the ranking it means you are losing more than other coins (including gains from zero by new coins).

All coins losing value wouldn't affect the ranking. You are right about ico token deals polluting the list though.

I prefer the filtered list with tokens removed.

Not necessary to do right away but you can restore the old seed with the new wallet, you will then get a new seed

Trolls never put their money where their mouth is. Skin in the game = troll repellant

I also suggested at one point turning it on by default and having a disable option be buried in a preferences system. I think I2P does something like that for relaying, and most other p2p systems do something similar one way or another. Bitcoin lost its way here, when the mining mining gold rush shifted the focus from principles of p2p.

Either way, the premise depends on it being well-behaved or people will turn it off, which defeats the purpose, so that is what the Smart Mining work is doing.

You are assuming it is losing money, which it isn't always. That depends on electricity costs.

Buying monero with cash is itself inconvenient. First you have to turn it into BTC and then trade it for XMR, both at fluctuating rates, both using somewhat flaky intermediaries. Or you can try to find someone with whom to make a direct trade, but with the coin being small that is hard to do. (Even with BTC this isn't always easy.) So even at a small loss low-maintenance mining might be easier.

xulescu: There shouldn't be a virgin coin premium for monero if our beliefs about fungibility are correct. If not, then the value proposition for monero is questionable.

Missive!

https://forum.monero.cc/1/news-and-announcements/112/monday-monero-missives-20-december-8th-2014

Mining is not a adopting a kid, it is running a computer. Approached in a low-maintenance manner, it can be very similar to running a file server that doesn't require much attention for months or years.

The break even electricity rate for Monero GPU mining is not even that low (haven't worked it out recently but maybe 10 cents/kwh). Yes I cringe when I see people posting about how "the difficulty is too damn high" because mining isn't profitable for them at 30 eurocents/kwh, but in locations with low rates you will still be profitable or accumulate coins at a small loss with little to no maintenance effort.

You're still not getting it. GPU mining doesn't require (much) time and attention unless you approach it that way, and you're not in a position to say what other people are "required" to do. Why should I mine a coin I don't want, using a setup that I don't necessarily expect to remain viable for a long time, then deal with exchanges and trading, just to get a small amount of increased revenue?

There are different approaches to mining. If you have cheap or free electricity then mining Monero using a mature miner and a very stable rig, using a well-maintained and stable pool is something that is likely to just keep going without much care and feeding for a long time, either at a profit or at a small loss (but perhaps acceptable given the goal to accumulate coins). You get coins you want right into the wallet you want without much or any time and attention Not unlike BTC mining really. The alternative of messing around with a bunch of other stuff and trading from coin to coin is not necessarily a good return on time investment.

That said, a multipool pool that paid out in Monero and allowed mining other algorithms might be useful.

That is totally subjective. GPU mining really isn't worth the effort at all to me, so if I had some GPUs and cheap power I'd probably not look for flavor of the month either. I'd rather just set something up and have it run with little or no attention for many months or years. I did this with LTC for example. I'm pretty sure during that time there were more profitable coins that came and went but if I had to pay attention I wouldn't have mined at all, and it was profitable the whole time. I did switch to a multipool at one point though.

I agree. Buying also supports the coin.

I disagree a bit with what you are saying though about this or that being more profitable to mine. It doesn't necessarily make sense for a hobby miner to switch around constantly to the most profitable coin/algorithm and deal with getting everything working properly and optimized. If you consider the coins that have come and gone since Monero, its pretty reasonable to ignore the hot coin of the day and just stick with something having some longevity if you aren't running a big operation.

There is no such issue. There are only around 100 possible coin sizes with the current denomination scheme (which could be reduced with something like a 1+2+5 system), so there is no issue with not being able to find matching output sizes for any reasonable non-dust amount.  I don't think they understood how denominations worked when they wrote that (are denominations in the cryptonote white paper?) or simply wanted to write a paper about an application of cryptography and didn't care.