The most common denominations of bitcoin + example


SUBMITTED BY: Guest

DATE: June 6, 2015, 6:04 p.m.

FORMAT: Text only

SIZE: 421 Bytes

HITS: 828

  1. 0.00000001 ฿ = 1 Satoshi
  2. 0.00000100 ฿ = 1 μBTC (microbitcoin)
  3. 0.00100000 ฿ = 1 mBTC (millibitcoin)
  4. 0.01000000 ฿ = 1 cBTC (centibitcoin)
  5. 1.00000000 ฿ = 1 BTC (bitcoin)
  6. For better understanding I will transformate them into known value like dollars.
  7. Let's accept that 1 Bitcoin is equal to $100, so
  8. 1 cBTC = $1
  9. 1 mBTC = $0.10
  10. 1 μBTC = $0.0001
  11. 1 satoshi = $0.000001

comments powered by Disqus