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Bitcoin differs from conventional currency as it is completely virtual, a digital form of currency.Though they will never physically be in your hands, Bitcoins are transmitted via a peer-to-peer network which enables you to transfer them to a recipient when purchasing goods and services.Once set-up, you can then manage your wallet through a mobile phone app to keep abreast with any payments made.However, be very careful not to lose your online wallet as it will result in you losing all your Bitcoins unless fully backed up beforehand.Once you have your wallet fully functioning you can then start to obtain Bitcoins.How do you do this?Bitcoins have to be generated in a process called “mining” and in order to do this you have to download a software “miner” which works on your behalf to produce them.The “miner” verifies Bitcoin transactions and then records it on a block chain.It’s beneficial to have great hardware performance as this enables the “miner” to work harder and consequently produce a greater quantity of Bitcoins.

However, as there are only a finite number of Bitcoins available, the Bitcoin network purposely controls mining difficulty to limit their production.
ethereum prison keyMining can therefore be a difficult and expensive process and very often isn’t a preferred method of generating Bitcoins.
bitcoin armory guideWhen you’re about to go abroad on holiday you obtain your foreign currency via an exchange and you do exactly the same when buying Bitcoins.
free bitcoin win payoutIt can be converted into numerous currencies and is similarly subject to changes in exchange rates.
bitcoin exchange disappearsSimply place follow the order process as normal, and when you reach the final step where payment is required, you will see a 'Pay with Bitcoin' icon.
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When this is clicked, you will be presented with a BitPay bitcoin invoice associated with your order.
litecoin mining cardsYou then have 15 minutes (indicated by the countdown timer shown on the invoice) to make a payment of the number of bitcoins shown to the indicated bitcoin address.
bitcoin wallet singaporeIf you have a bitcoin wallet client application which integrates with your browser, you should be able to simply click to generate a bitcoin payment from your wallet which you can then authorise.
bitcoin wallet singaporeOtherwise, you will need to manually enter the payment details into your preferred bitcoin wallet software.
bitcoin sole 24A QR Code is provided which facilitates bitcoin payment with mobile device applications - just scan the QR code into your BitCoin payment app.

Once payment has been made you will see an order confirmation message from ourselves, and then some time between 10 minutes and an an hour later (once the transaction has been signed by the bitcoin Block Chain) you will receieve an email from ourselves confirming that the order has been accepted.As always, a second email will be sent when the order is dispatched.If you wish to cancel an order and have your Bitcoins refunded then just get in touch with our customer services team.Gladiator do not possess any Bitcoins so in order to process any refunds we utilise a system called BitPay who refund at the GBP exchange rate at the time of refunding.It can take a while for refunds to be completed.Major UK-based PC component and hardware supplier Aria PC Technology is now accepting bitcoin for payments.Aria was established more than 20 years ago, though its focus has shifted over the years from brick-and-mortar operations to e-commerce.The e-tailer began accepting bitcoin on 7th February, choosing to mention the news as an aside in a Twitter post announcing the launch of the new Gladiator Mining Frame.

Introducing the Aria Bitcoin Mining Frame... plus... we are accepting Bitcoins as payment from Monday!http://t.co/wUxZTP3wQ3 — Aria PC Technology (@Aria_Technology) February 7, 2014 As a result, the decision came without the typical fanfare that has become common when major merchants add bitcoin payments.Rather, the news spread slowly, ebbing out via social media and through message board discussions.Product selection and checkout Aria offers a wide range of computer components that can be used for specialty mining rigs, as well as traditional PCs, including fans and cooling accessories, processors, power supplies, hard drives and more.In addition, those who want to buy consumer goods will find Aria offers laptops, TVs and video game accessories, among other general electronic store fare.Bitcoin purchasers who attempt to complete an order may first be surprised not to see bitcoin as a payment option at the "Shopping Basket" stage.Rather, these shoppers must log in with their accounts and enter additional information before finding the option at the "Payment & Confirmation" stage of the checkout.

Industry impact With the announcement, Aria becomes the latest computer-focused e-commerce company to add bitcoin as a payment option.The news notably follows TigerDirect's 23rd January decision to start taking the virtual currency.TigerDirect's top products in the aftermath of the announcement were computer accessories, including video cards, power units and tablets, which may have convinced more tech merchants there is an overlap between their customer base and the currency's devoted user base.Just last week Scan Computers, one of Britain’s biggest computer retailers, revealed that it would start taking bitcoins via BitPay.As a result of these announcements and subsequent sales successes, it seems likely that more tech-focused merchants could follow suit.Image credit: Row of computers via Shutterstock Additional reporting by Nermin Hajdarbegovic The leader in blockchain news, CoinDesk is an independent media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies.