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Bitcoin and Bitcoin Cash are protected currencies to the internet. You can pay 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 that a wallet1 First you will need a Bitcoin or Bitcoin Cash wallet an app that allows you get, 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 because it dynamically computes sufficient miner fees. Additionally, it is 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 pocket still, you will need to buy some.Exchanges are accessible 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 your Payment Protocol compatible wallet before attempting to spend it. Make a payment3Making a blockchain payment is quick, convenient, and incredibly 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 price for this time period. Do not send payments to expired invoices.There are a number of ways to pay a BitPay invoice from your wallet.Scan that the QR CodeAIf your wallet is on a different mobile 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 wallet by tapping here. 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 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 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 Price fee included in your invoice total covers the Bitcoin or find more Bitcoin Cash miner fee cost of BitPay's transaction sweep to your payment.

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

Bear in mind that you will need to supply your BitPay invoice URL or your order ID for your merchant to aid you. Merchant refund policies differ, so please contact the merchant to go over refund options. .

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When mining began, regular off-the-shelf PCs were fast enough to generate bitcoins. That is the way the system was set upeasier to mine in the beginning, tougher to mine as more bitcoins are generated. Over the last few 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 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 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 own personal computer power together to mine. Popular sites such as Slush's Pool allow small-time miners to get percentages of bitcoins when they add their personal computer ability to the group. .

The faster your computer can mine and the more power 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 all of the coins minedis under no informative post legal obligation to provide 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 could make a few dollars a day," according to Brice Colbert, a North Carolina-based miner of cryptocurrencies and operator of the site cryptojunky.com.