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

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

To use your Bitcoin or Bitcoin Cash, draw your Bitcoin or Bitcoin Cash from the exchange to your Payment Protocol compatible wallet before attempting to spend it. Make a payment3Making that a blockchain payment is quick, convenient, and extremely secure.To create 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 the fixed BTC or BCH price for this period of time. Do not send payments into expired 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 mobile 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're using to view the invoice, you can open the payment in your pocket by tapping here. Confirm everything is right, and your wallet will produce the payment.Send the Payment ManuallyCCopy the payment URL in the invoice and paste it in your wallet's"Send" screen, check your payment information, and send the payment.Bitcoin and Bitcoin Cash Miner Charges Miner fees will be the cost your wallet pays to get your computing power which confirms transactions on the Bitcoin and Bitcoin Cash networks.

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These charges can be higher or lower depending on the number of transactions waiting to be confirmed on the Bitcoin or Bitcoin Cash networks.Network Price FeeThe Network Cost 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 cost. Refunds & Order TroubleshootingBitPay provides tools and reporting to allow merchants to look at successful payments and manage their own refunds in advice Bitcoin or even Bitcoin Cash. If you'd like a refund or need help in getting your purchase for a successful payment, please contact the merchant directly.

Remember you will need to provide your BitPay invoice URL or your order ID for your merchant to aid you. Merchant refund policies differ, 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 system was put upeasier to mine in the beginning, tougher to mine since more bitcoins are generated. Throughout the last couple of 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 quicker hardware is being made by various mining start-ups at a rapid rate and the price tag for a full mining rigcapable of discovering new bitcoins on its owncurrently prices in the ballpark of $12,000. .

There's a way around such a hefty investment: joining mining pools. Pools are a collective group of bitcoin miners from around the world who literally pool their own computer power with each other to mine. Popular sites 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 energy it is contributing to the pool, the bigger percentage of bitcoins received. Bitcoins can be broken down into eight decimal points. Like pockets, pool websites are unregulated and the operator of the poolwho receives useful reference 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 cheaper hardware. USB ASIC minerswhich plug into any standard USB portcost as small as $20. "For a few hundred bucks you can earn a few dollars a day," according to Brice Colbert, a North Carolina-based miner of cryptocurrencies and operator of this website cryptojunky.com.