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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 with blockchain payments to BitPay merchants.Get a wallet1 First you'll need a Bitcoin or Bitcoin Cash wallet an app that lets 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 computes sufficient miner fees. It's also 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 wallet yet, you'll need to buy some.Exchanges are available all around 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 in 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 incredibly secure.To make 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 several 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 view the invoice, you can open the payment in your wallet by tapping . Confirm everything is correct, and your wallet will make the payment.Send the Payment ManuallyCCopy the payment URL from the invoice and glue it in your pocket"Send" screen, check your payment information, and send the payment.Bitcoin and Bitcoin Cash Miner Fees 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 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 Price fee included in your invoice total covers the Bitcoin or Bitcoin Cash miner commission cost of BitPay's transaction sweep to your payment.

Learn more about the reasons for this price. Refunds & Order navigate to this website TroubleshootingBitPay supplies tools and reporting for merchants to look at successful payments and manage their own refunds in Bitcoin or even Bitcoin Cash. If you'd like a refund or need help in getting your purchase to get a successful payment, please contact the merchant directly.

Bear in mind that 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, regular off-the-shelf PCs were fast enough to generate bitcoins. That's how the system was put upeasier to mine in the beginning, harder to mine since more bitcoins are generated. Over the past couple of years, 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 instance mining.New faster hardware is being made by different mining start-ups at a quick speed and the price for a full mining rigcapable of discovering new bitcoins on its own 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 globe who literally pool their own personal computer power together to mine. Popular sites including Slush's Pool allow small-time miners to receive percentages of bitcoins when they include their computer ability to the group. .

The faster your computer can mine and also the more energy it's contributing to the pool, the larger percentage of bitcoins received. Bitcoins can be broken down into eight decimal points. Like click this link wallets, pool sites are unregulated and the operator of the poolwho receives all of the coins minedis under no lawful 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 dollars you can make a couple of dollars each day," according to Brice Colbert, a North Carolina-based miner of cryptocurrencies and operator of this website cryptojunky.com.