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Bitcoin and Bitcoin Cash are secure currencies for the internet. You can pay without handing out sensitive financial information, and you don't need an account.Watch our manual below to learn how to get started using blockchain payments to BitPay merchants.Get that a wallet1 First you'll need a Bitcoin or Bitcoin Cash wallet an program which lets you receive, hold, and spend Bitcoin or even Bitcoin Cash.

We recommend the open source BitPay bitcoin wallet program. It is a great option for paying BitPay invoices since it dynamically computes sufficient miner fees. Additionally, it is secure and simple to use.Move Bitcoin or even Bitcoin Cash into your spending wallet2 If you don't yet have Bitcoin or Bitcoin Cash in your pocket yet, you will need to purchase some.Exchanges are available all over the planet, allowing users to convert any currency into and from Bitcoin and Bitcoin Cash.

To use your Bitcoin or Bitcoin Cash, withdraw your Bitcoin or Bitcoin Cash from the exchange to a Payment Protocol compatible wallet before attempting to spend it. Make a payment3Making a blockchain payment is quick, convenient, and extremely secure.To make a payment, you won't need to enter any sensitive card information.

Don't forget to send your payment during the 15-minute payment window. BitPay only guarantees that the fixed BTC or BCH cost for this time period. Do not send payments into expired invoices.There are several ways to cover a BitPay invoice from the wallet.Scan that the QR CodeAIf your wallet is on a different cellular device, you can scan this code to open the payment in your own wallet.

Then make the payment. Open in WalletBIf your wallet is on the device you're using to see the invoice, you can open the payment in your pocket by tapping here. Confirm everything is correct, and your wallet will produce the payment.Send the Payment ManuallyCCopy the payment URL from the invoice and glue it in your wallet's"Send" screen, check your payment details, and send the payment.Bitcoin and Bitcoin Cash Miner Charges Miner charges will be the price your wallet pays for your computing power which confirms transactions on the Bitcoin and Bitcoin Cash networks.

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These fees can be lower or higher depending on the number of transactions waiting to be confirmed on the Bitcoin or Bitcoin Cash networks.Network Price FeeThe Network Cost commission included in your invoice total covers the Bitcoin or Bitcoin Cash miner commission cost of BitPay's transaction sweep for your payment.

Learn more about the reasons for this price. Refunds & Order TroubleshootingBitPay provides tools and reporting to allow merchants to view profitable payments and manage their own refunds in Bitcoin or Bitcoin Cash. If you'd like a refund click here to read or need help in getting your order to get a successful payment, please contact the merchant directly.

Bear in mind you will need to provide your BitPay invoice URL or your order ID for your merchant to assist you. Merchant refund policies vary, so please contact the merchant to discuss refund options. .

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When mining began, routine off-the-shelf PCs were quickly enough to generate bitcoins. That is how the i loved this system was put upeasier to mine in the beginning, harder to mine as more bitcoins are generated. Throughout the past few years, miners have needed to move on to faster hardware in order to keep generating new bitcoins.

Programmer language aside, all this means is that the hardware is designed for one particular taskin this case mining.New quicker hardware is being created by different mining start-ups at a rapid speed and the price tag for a complete mining rigcapable of discovering new bitcoins on its owncurrently costs in the ballpark of $12,000. .

There is a way around such a hefty investment: joining mining pools. Pools are a collective group of bitcoin miners from around the globe who literally pool their personal computer power with each other to mine. Popular sites such as Slush's Pool allow small-time miners to get percentages of bitcoins when they include their computer power to the group. .

The faster your computer can mine and the more energy it's contributing why not try here to the pool, the bigger percentage of bitcoins received. Bitcoins can be broken down into eight decimal points. Like pockets, pool sites are unregulated and the owner of the poolwho receives all of the coins minedis under no legal obligation to give everyone their cut. .

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Joining a pool means you can also use cheaper hardware. USB ASIC minerswhich plug into any standard USB portcost as little as $20. "For a couple hundred bucks you can earn a few dollars each day," according to Brice Colbert, a North Carolina-based miner of cryptocurrencies and operator of the site cryptojunky.com.