Not correct but not a lie. Many know me and I have been involved in the Bitcoin space for a few years. I am definitely aware of the advantages & disadvantages of this wonderful technology stack.

IMO, its yet to be determined if Bitcoin technology is the future or the future of the future.  Right now Bitcoin needs more standards not code before it can be integrated as a global standard.


Correct. We must be neutral but also open minded.


This is about payments not bitcoin but there is a synergy of efforts. Bitcoin may be an beneficiary but cryptocurrencies need to "grow up" and have standards. W3C Web Payments is committed to help provide the standards so potential future payment technologies can mature.

The beneficiaries we are the targeting are the unbanked, unbankable, and those not having access to financial infrastructure. We cant achieve this goal without integrating into the core of the browser technologies layered with security to create frictionless & borderless payments. We will help connect up another billion+ people to the global economy.


You dont need a source as the W3C activities are public.

You can read our initial charter here.
http://www.w3.org/2014/04/payments/webpayments_charter.html

Few more links for you
http://www.w3.org/Payments/IG/
http://www.w3.org/2014/10/payments.html.en
http://www.w3.org/2013/10/payments/

We want to help build standards and simple easy to use API's around abstracting the need for people to worry about past and future payment infrastructure/technologies. Developers writing and deploying their own payment infrastructure is very costly for business to adopt. We will reduce the cost of entry so companies can focus on business use cases not not technology.

Capitalistic - 10 seconds to send an email, 172,800 seconds to send money. The Internet as financial infrastructure will lead to a more agile global economy. The infrastructure will be embedded in the browser and deployed on billions of computers and mobile devices world wide to help connect another billion+ people an "Internet of Money". Capital markets rarely benefit the poor but W3C aims to help change that.

We believe these efforts are achievable because W3C has been around for a long time and is one of (if not thee) the largest consortium of technology giants/companies in the world.

We encourage you to engage, collaborate, discuss and get involved in the W3C because the Web Payment has many challenges to overcome.

Erik Anderson
Bloomberg & Co-Chair W3C Web Payments IG/SG

I just pushed a new release to github.  I added support to remotely reboot your cointerra via MobileMiner 'Restart' button.

This was a lot of code changes.  You might want to wait for a 2-3 days so I can see if I have any bugs to fix in this release.

Here are the release notes.
1) I added Emba's Windows 7 instructions to the readme.
2) Fixed crash when trying to send an email and your internet is down
3) Converted error counter to a counter per configured cointerra. Was a single 3 count for all configured cointerra’s
4) Added new devs command but only adding results to log file.
5) Per recommendation from Cointerra Devs I added dmesg and lsusb command support when rebooting
6) Fixed broken MobileMiner alerts when more than 1 MobileMiner is configured.
7) Fixed double sleep command when rebooting.
Now have full support for MobileMiner’s remote commands. Added support for RESTART command. This command will reboot your cointerra.
    To enable this feature add "remote_commands": true to your mobileminer array. See sample config.
    I am not supporting START or STOP because there are no clean mappings from the MobileMiner buttons to the cgminer RPC command list.
    Recommendations are welcome.

Cointerra machines are 6% of the entire BTC network?

http://www.prnewswire.com/news-releases/cointerra-ships-its-1000th-terraminer-bitcoin-miner-now-powering-over-6-of-the-bitcoin-network-247546961.html

Thats a lot.



I wrote an entire monitoring agent for the cointerra machines.  Full integration with mobile phones.  I have several feature requests I am adding.

https://github.com/dprophet/cointerra-monitor/

MobileMiner support is added.  You can now monitor your Cointerra on your Mobile device (Chips, Temperatures, Hashrates, etc).  It will squawk at you if there are issues with your Cointerra TerraMiner.

Developer of MobileMiner said Ok.  I will add this so you can look at the status of your Cointerra Terraminer on your Mobile Device.  I will push alerts to MobileMiner as well.  Its a really great app for CPU mining.

I have pushed the initial Alpha version to Github.  It is being tested now with a few more people from this thread.  I am using Ubuntu for the Host OS.  I will try it in a Windows 7 VMware.

https://github.com/dprophet/cointerra-monitor/

Basically it:
1) Looks for sick/dead/disabled ASIC's
2) Monitors temperature, hash rate, voltage, fan speed, etc...  A few dozen stats from the Cointerra and Pool.
3) SCP cgminer.log file from cointerra box
4) Emails errors/warning to the user.  This email includes a gzip file of #4 above and the monitor.log.gz
5) Reboots the TerraMiner OS when there are critical issues.  Right now the only "critical" issue is a sick/disabled ASIC chip or cgminer isnt running.

I am in the process of:
1) I need to add more pool stats to see if all pools go down.
2) Adding an array of terraminers's so it will monitor N number of them.
    I need to wait for another TerraMiner before I code this up (no, my additional machines are not in yet)
3) Working support for this into the MobileMiner IOS/Android App.  In communications with the developer now to see if it is Ok.  I want a push to a mobile platform if there are issues.
4) More test cases where this agent doesnt recognize the problem so I can code them up.  I a few dozen stats in my data structures from the pool/chips so its easy to add new conditions to watch/take-action on.

Alpha testers are encouraged (even desirable).  If you want my help making sure this works for you, best do it now while this is my personal priority before I move onto other wishlist/tasks.

Personally I would get 2 pieces of information they are going to want.  You can get this without opening up the system.

1) Open an SSH connection and run

# /opt/cgminer -n

It should spit out something like the below.

 [2014-02-13 01:08:49] USB all: found 4 devices - listing known devices
.USB dev 0: Bus 1 Device 3 ID: 1cbe:0003
  Manufacturer: 'CoinTerra'
  Product: 'GoldStrike ASIC'
.USB dev 1: Bus 1 Device 4 ID: 1cbe:0003
  Manufacturer: 'CoinTerra'
  Product: 'GoldStrike ASIC'
 [2014-02-13 01:08:49] 2 known USB devices

2) Create a debug log of your mining
  - vi /etc/init.d/S99cgminer
  Add a -D option like such
        /opt/cgminer -c /Angstrom/Cointerra/cgminer.conf --api-listen --api-port 4028 --api-network --cta-load $CTA_LOAD -T -D > /tmp/cgminer.log &
  - Restart the cgminer service like so
    /etc/init.d/S99cgminer restart
  - Let it run for 15 minutes.  Make sure the 2nd ASIC doesnt start.
  - ftp the log file from the cointerra.  Its in the /var/log/cgminer.log
  - Email the log file and the info from step #1 above.  It should help speed up the process.

After you are done with the above just reboot.  The ram disk will be restored and the -D option removed.

I would also like to see the log file so I can ensure my cointerra-monitor notices the issue and will send me an email if mine ever does the same thing.

I am about done with a cointerra-monitor that should detect this and reboot your system.  This doesnt fix the problem but it should keep your hash rate up.

You can connect directly to the console output of the cointerra via USB to get your IP.

1) Connect a USB cable from your PC/Laptop to the cointerra
2) Download and launch putty
3) Select Serial
4) Enter "COM5" and speed 115200
5) The open
6) Login with user: root, pass: cointerra
7) ifconfig

You might need to look at your device manager to see what COM port the USB cable attaches too.

I changed mine to a static IP.

I am getting a little over 1.6 Terra.

Correct.  I was actually mining on Roy7's TRC pool, peercoin pools, and Battlecoin Pools.  There is not as much profit in mining only BTC.  You need to have a mining + trading strategy or the BTC difficulty curve will make your cointerra machine non-profitable in 1-2 years depending on cost of electricity and BTC price.

Here is the public link to my hash rate for my Cointerra.

http://eligius.st/~wizkid057/newstats/userstats.php/12swrBqyvmN6w6tjmww2RavPsvA3AB1Lme

Please keep in mind the long 0 hash rate is because I mine ALT coins when I am near the machine and have time to watch the market and mine low value ALT coins.

I am about done with a "cointerra-monitor".  It remotely monitors the status of the cgminer on the Cointerra.  Remote = Nothing to install on your cointerra machine.

1)  Every minute it checks the status of 1 cointerra.
2)  If any of the ASIC arent alive it marks a error count
3)  If the cgminer isnt running it marks an error count
4)  If error count gets above a configurable value it will
   - copy the cgminer.log file from the cointerra
   - email the user
   - reboot the cointerra
5)  If there are any successes above it will reset the error counter

Its python based so you can run on any OS you want.

I was thinking of doing more fancy stuff with the log file, cgminer RPC port statuses, Windows.exe + Service but sometimes K.I.S.S (keep it simple stupid) is best.

Of course, free and open source.  If you want to be notified when it is done PM me and I will send you a link to it else I will just post it on this page.  It should be finished by next weekend.  You know, day job slows things down.  

I built my own colo in PA.

You will get an email like "Your order is complete" with the UPS tracking number.

On a side note, these standalone mine an ALT coin and rip it to shreds.  I was decimating Battlecoin last night.  You need to tweak the queue size to get it to work without getting spammed with pool 0 not giving work fast enough.  Once you do it kills the SHA ALT coins.

Word of advice to all you new miners.  Dont mine BTC.  Mine ALT coins and trade for BTC.  Much better returns.  I am not sure why people panic over BTC difficulty when the real returns are in trading, not mining.  If done correctly the mining just offsets any negative trades while your positive trades beat the returns off of just mining BTC directly.

Austin?  No, New York City area.  I thought it was quite obvious from others postings as they recognized me from TV.  I am a Developer in the Financial Industry.  You are more than welcome to see it if you are in the NYC area.  Better hurry as I will be moving the machine to its more permanent home at my mining colo in PA where electricity costs $0.077 versus $0.24


Didnt know I was hiding.  I made public postings on Satoshi Square and BTC New York.  I am publicly active in cryptocurrencies so not a surprise someone recognized me.


Got a good laugh out of that one.  Didnt know that 1 TV showing = celeb status.  People know me, yes I dont hide who I am, but a celeb?  Hum.....

I am not the first customer.  Jake Gostylo was their first customer that picked up his stuff in-person.  Seems to me he fits the bill of the "average customer".  Truth be told, when I release new software products I hand pick my first customers based on their level of knowledge and support overhead.  Seems Jake and myself are both developers and fit this description.  I have had several "technically challenged" first adopter/customer over my years and it is not a pleasant experience.

On a side note, any good recommendations for a "my cgminer crashed" monitor.  Something that will watch many systems via the cgminer rpc port?  Like a Nagios bitcoin miner plugin or something similar.  MultiMiner + MobileMiner work the best IMO.

Correct.  The motherboard has some deficiencies but the chips do not.  Those are being worked on.  The chips will run as fast (and as hot) as you let them.  Help me convince Ravi it would be beneficial to sell updated motherboards when they come out.  Hint hint hint.

Also, mining 101, people assume price is stable and difficulty keeps increasing.  This is not true.

IMO (and others)
  - for BTC to have real world value beyond geeky speculation.  People need to spend it vs hoard it.  This is happening.  Merchants are accepting it right and left.
  - BTC needs a market cap of 1 trillion dollars to be even a reserve currency for a very small country.  Do the math.  1 trillion / 12 million BTC
  - We need "some kind of Government regulation" to legitimize BTC.  In progress.  They are moving faster than I would have given Governments credit for.
  - I recommend following the crumb trails of information in New York City financial sector to see whats really going on.  I recommend reading all of the court hearings last week.  All evidence is public so you can start putting the puzzle pieces together.
  - Google for: technical analysis breakout pattern.  BTC prices are exhibiting this pattern now.
  - Market Prices will go where they need to go to satisfy supply and demand.

So, do you think I would have purchased preorder machines if I thought prices would have stayed at the $100 BTC price when I preordered $14,000 machines?


Nothing is a coincidence since I preordered 9 of Cointerra machines.  I also preordered BFL and Alpha Technologies Scrypt machines.  Thats 2 very large preorder risks knowing the mess that BFL created.  However, truth be told, BFL made a mess but I made a lot of BTC on my BLF preorder machines.  I have been mining SHA and Scrypt for a long time.  I flew to Cointerra, on my personal budget, to make sure that Cointerra really was "at the delivery phase".  So Cointerra missed their target window by a little over 1 month.  Big deal, thats how the Engineering world works and the risks you need to take.  Time estimates are best guess cases but experience and talent can offset aggressive estimates.  Cointerra missed their window by 1-1.15 months but BFL missing their target by 1.25 years.  Hum....

BFL started in a garage with no experience. Cointerra has massive the experience and are close to their target window.  Even as important as the experience levels I saw at Cointerra: a lot of passion and a "by the book" approach.  He isnt who I thought he would be.  A startup company with a pushover CEO wont go far and Ravi is far from that.  He wouldnt let me take the 1st machine on the plane with me unless I paid Texas the 8% sales tax even though my shipping was New York.  Ravi is a hard-as$ and I mean that with respect.


Order # is irrelevant, payment date matters.  I actually have 5 orders, 9 machines, all placed and payed within a few days of announcement.  I also made the mistake of preordering of the BFL Monarch.  Oh well....  Cant win them all.  

It was shipped.  Just arrived last night.  I may install this at the BTC center in New York City.  Mixed feelings about doing that with my first box.

"did they give it to you so you can try to help them improve the performance?"

No.  I am just a customer.  I placed the actual order back on August 30th 2013 (In their first 1-5 orders).  The performance issue is not a chip design, it is the mother board.  That is being adjusted now.  I am writing predictive analyse algo mining software for my own usage.  I hate the way the multipools create a herd of cows effect and pop the difficulty through the roof and all the little script kiddies then auto-sell on Cryptsy.  My software will not do that.


IT Guy?  Haha.  If you want to call a developer writing code 25 years now.  Ok.  Most dont consider me IT.

Guys,

I can confirm Cointerra is shipping.  I just received my TerraMiner today.  After a bumpy start with the web interface (mostly my fault) I got it all up, online, and mining.

I just setup a fresh new wallet and mining via the eligius pool so people can watch the actual TerraMiner progress.  Who I am is public knowledge so I have no issues with people seeing the activity of my new wallets.

http://eligius.st/~wizkid057/newstats/userstats.php/12swrBqyvmN6w6tjmww2RavPsvA3AB1Lme

Disclaimer:  I am a long long time developer so I will be taking the machine down and up while I develop some algo-mining strategies/software.  Also I am sure I will want to break it a few times.  In short, if you see a drop in mining it is likely me not the Cointerra system.

Here are some photo's of myself and Ravi (CEO of Cointerra), Cointerra sitting on my window, and the cgminer screen.

http://imageshack.com/a/img819/5996/tfdf.jpg
http://imageshack.com/a/img404/7316/h3zf.jpg
http://imageshack.com/a/img841/5533/brfn.jpg

Mr Anderson

I am having no issues mining EMD and no rejections.  I am still solo mining 1 block every 5-10 minutes.  New blocks stay in the immature state for 20 minutes (or so).  I only transfer to Cryptsy once a night and those transfers are working fine.

IMO, this isnt a great coin but it is working fine with no issues.  Its small block rewards make it very sensitive to difficulty changes.  Dont mine it if difficulty >= 0.4

So, whats the verdict on this coin?  Good name but crap?  I am finding a block once every 5-10 minutes but will be a waste of electricity if not worth anything.