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Bitcoin and Bitcoin Cash are secure currencies to 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 with blockchain payments to BitPay merchants.Get a wallet1 First you will need a Bitcoin or Bitcoin Cash wallet an program which allows you receive, hold, and spend Bitcoin or even Bitcoin Cash.

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

To utilize your Bitcoin or Bitcoin Cash, draw your Bitcoin or Bitcoin Cash in the exchange to a Payment Protocol compatible wallet before attempting to spend it. Make a payment3Making that a blockchain payment is fast, convenient, and incredibly secure.To create a payment, you won't need to enter any sensitive card information.

Remember 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 to perished invoices.There are a number of ways to cover a BitPay invoice from your wallet.Scan the QR CodeAIf your wallet is on a different cellular device, you can scan this code to open the payment in your wallet.

Then make the payment. Open in WalletBIf your wallet is on the device you are using to see the invoice, you can open the payment in your pocket by tapping . Confirm everything is correct, and your wallet will make the payment.Send the Payment ManuallyCCopy the payment URL in the invoice and glue it in your wallet's"Send" screen, check your payment information, and send the payment.Bitcoin and Bitcoin Cash Miner Charges Miner fees are the cost your wallet pays to get the computing power which confirms transactions on the Bitcoin and Bitcoin Cash networks.

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

Learn more about the reasons for this price. Refunds & Order TroubleshootingBitPay supplies tools and reporting for merchants to view profitable payments and manage their own refunds in Bitcoin or even Bitcoin Cash. If you'd prefer a refund or need help in getting your order for an effective payment, please contact the merchant directly.

Remember that you will need to supply your BitPay invoice URL or your order ID for the merchant to aid you. Merchant refund policies vary, so please contact the merchant to discuss refund options. .

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When mining began, regular off-the-shelf PCs were quickly enough to generate bitcoins. That's the way the system was set upeasier to mine in the beginning, tougher to mine since more bitcoins are generated. Over the last few years, miners have needed to move on to faster hardware in order to keep generating new bitcoins.

Programmer language apart, all this means is that the hardware is designed for one specific taskin this case mining.New faster hardware is being made by various mining start-ups at a quick speed and the price for a full mining rigcapable of discovering new bitcoins on its own owncurrently costs in the ballpark of $12,000. .

There is a way around such a hefty investment: joining mining pools. Pools are a collective set of bitcoin miners from around the world who literally pool their personal computer power together to mine. Popular websites such as Slush's Pool allow small-time miners to receive percentages of bitcoins when they add their computer ability to the group. .

The faster your computer can mine and also the more power it's contributing to the pool, the larger percentage of bitcoins received. Bitcoins his response can be broken down into eight decimal points. Like wallets, pool sites are unregulated and the owner of the poolwho receives all the coins minedis under no legal obligation to give everyone their cut. .

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