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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 get started with blockchain payments to BitPay merchants.Get a wallet1 First you will need a Bitcoin or Bitcoin Cash wallet an program that lets you receive, hold, and spend Bitcoin or Bitcoin Cash.

We recommend the open source BitPay bitcoin wallet program. It is a great option for paying BitPay invoices because 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 still, you will need to buy some.Exchanges are available all over the planet, allowing users to convert any currency into and out of Bitcoin and Bitcoin Cash.

To utilize your Bitcoin or Bitcoin Cash, draw your Bitcoin or Bitcoin Cash from the exchange to a Payment Protocol compatible pocket prior to attempting to spend it. Make a payment3Making that a blockchain payment is fast, 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 time period. Do not send payments into expired invoices.There are a number of strategies to pay 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 own 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 correct, and your wallet will make the payment.Send the Payment ManuallyCCopy the payment URL in the invoice and glue it in your pocket"Send" screen, check your payment details, and send the payment.Bitcoin and Bitcoin Cash Miner Fees Miner charges are 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 fees 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 commission included in your invoice total covers the Bitcoin or Bitcoin Cash miner commission price of BitPay's transaction sweep for your payment.

Learn more about the reasons for this cost. Refunds & Order TroubleshootingBitPay provides tools and reporting for merchants to look at successful payments and manage their own refunds in Bitcoin or even Bitcoin Cash. If you would like a refund or need help in getting your purchase for 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 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, routine off-the-shelf PCs were quickly enough to generate bitcoins. That's the way the system was put upeasier to mine in the beginning, tougher to mine as more bitcoins are generated. Throughout the web last few decades, miners have had 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 faster hardware is being created by various mining start-ups at a quick rate and the price tag for a complete mining rigcapable of discovering new bitcoins on its own owncurrently costs in the ballpark of $12,000. .

There is a way around this kind of hefty investment: joining mining pools. Pools are a collective set of bitcoin miners from around the globe who literally pool their computer power with each other to mine. Popular websites including Slush's Pool allow small-time miners to receive percentages of bitcoins when they add their computer power to the group. .

The faster your computer can mine and also the more energy it's 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 owner of this 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 more hardware. USB ASIC minerswhich plug into any standard USB portcost as little as $20. "For a few hundred bucks you can earn a couple of dollars a day," according to Brice Colbert, a North Carolina-based miner of cryptocurrencies and operator of this site cryptojunky.com.