“Satoshi” is the smallest unit of Bitcoin. It is one hundred millionth of a single Bitcoin (0.00000001 BTC). The unit has been named to pay homage to the original creator of Bitcoin, Satoshi Nakamoto. However, as of today, there is a long list of different Bitcoin subunits existing including mBTC, μBTC, and cBTC. To avoid confusion, a proposal was made for Bitcoin to be broken down into just one smaller unit called “Bits” (0.000001 BTC).
Here are the common Bitcoin subunits and their equivalent:
- Bitcoin – BTC – 1 BTC (1 whole Bitcoin)
- MilliBitcoin – mBTC – 0.001 BTC (1 thousandth of a BTC)
- MicroBitcoin – μBTC – 0.000001 BTC (1 millionth of a BTC)
- Bit = 0.000001 (1 millionth of a BTC)
- Satoshi = 0.00000001 BTC (1 hundred millionth of a BTC)
If you want to learn more about Bitcoin subunits, please check here.
Interested in buying Bitcoin? Check our market now: https://www.bitkub.com/market/BTC
Was this article helpful?
That’s Great!
Thank you for your feedback
Sorry! We couldn't be helpful
Thank you for your feedback
Feedback sent
We appreciate your effort and will try to fix the article