What is a satoshi? Units of measure of Bitcoin.

What are satoshis? Satoshis or Satoshi bitcoin are the measurement units in which bitcoin is divided. That is, satoshis are fractions of bitcoin. But they are not the only units of bitcoin. There are others like BIT, mBIT, or cBIT. Although surely the question you will ask yourself is how many satoshis make up a bitcoin.

The use of satoshi has spread thanks to the popularity of games and bitcoin faucets that, in exchange for using them, seeing advertisements, or performing simple tasks, give away fractions of bitcoins. That is, satoshis.

Its name comes from the pseudonym of the alleged creator of bitcoin: Satoshi Nakamoto.

In this article, we will solve all your doubts about bitcoin fractions: What is satoshi, how many satoshis are in a bitcoin or what are the other bitcoin units. At the end of it, we offer you a tool to calculate satoshis in other currencies like BTC, dollars, euros, or most Latin American currencies and know the price of satoshi in any of these currencies.

What are satoshis

Satoshis are one of the units in which bitcoin is divided. Just as the euro is divided into cents and the dollar into cents, bitcoin is divided into satoshis.

The meaning of satoshi is as simple as that.

How much is a satoshi

One bitcoin is equivalent to 100 million satoshis.

With so many units, bitcoin is easily divisible, something really practical due to its high price it has reached.

How many satoshis are in 1 bitcoin?

One bitcoin equals 100,000,000 satoshis

or in other words

1 satoshi is 0.00000001 bitcoins

To find out how much a satoshi is worth in dollars or another currency, you must calculate it based on the current price of bitcoin. At the end of the article, you have a satoshi calculator, which allows you to know the price of mBTC and satoshi automatically.

A satoshi is the smallest unit of BTC, that is, it is not divisible. But, unlike other common currencies, bitcoin has more than one subunit.

Other fractions of Bitcoin

  • BITs: It is another widely used unit. 1 BIT is 100 Satoshis, or in other words, an amount of 0.000001 Bitcoins.
  • mBTC: The millibitcoin is a unit used by some exchanges. 1 mBTC is equivalent to 100,000 Satoshis or 0.001 Bitcoins.
  • cBTC: The centibitcoin is another commonly used unit of measurement in Bitcoin. 1 cBTC is 1,000,000 Satoshis or 0.01 Bitcoins.

What is an mBTC or millibitcoin

Out of all these alternative bitcoin units, the most common is the mBTC or millibitcoin.

As mentioned, it is very common on some exchanges. But besides that, many users believe that it is better to measure bitcoins in mBTC instead of BTC.

While satoshis are a very small unit of measurement, BTC is a very large one. Adopting mBTC as a reference would facilitate calculations and bitcoin would no longer seem like an expensive asset.

This is not a rare practice. For example, the International System of Units recognizes the kilogram as the unit of weight measurement instead of the gram. This is because calculations with kg are more common than with g.

Bitcoin measurement units

Unit BTC cBTC mBTC BIT Satoshis
BTC 1 0.01 0.001 0.000001 0.00000001
cBTC 0.01 1 10 10,000 1,000,000
mBTC 0.001 0.1 1 1,000 100,000
BIT 0.000001 0.0001 0.001 1 100
Satoshis 100,000,000 1,000,000 100,000 100 1

What is a satoshi used for?

The truth is that you can buy very little with one satoshi. Due to the high price that bitcoin has reached, it is normal to handle certain transactions of several thousand (even million) satoshis. The difference between bitcoin and satoshi is such that it does not make much sense to talk about this unit when making purchases.

However, the satoshi has found a large audience among users of applications and websites that give away several of these units in exchange for certain actions. These pages are known as faucets and are relatively popular among cryptocurrency users.

Faucets emerged to make Bitcoin known to a larger audience. 8 years ago, in 2010, when bitcoin was barely worth a cent, the first faucet was created that gave away 5 BTC per visit.

This amount of bitcoins represents, nowadays, more than 30,000 euros or 35,000 US dollars.

Can you imagine currently obtaining 5 bitcoins? That's the charm of faucets.

If you want to learn more about these curious pages, we recommend that you read the section where we list the best bitcoin faucets of the moment.

We also recommend reading the section on earning bitcoins for free. In it, we explain other ways to get satoshis for free. For example, playing video games or passive mining with a computer.

criptomoneda.ninja promotes the use of these applications. No investment is required and, who knows what price these fractions of bitcoin will have in another 8 years?

Satoshi Calculator

Finally, to know how much a Satoshi costs, we leave you several links to our Satoshi to Bitcoin, Ethereum, and various FIAT currency calculators.

Did you find it interesting to learn how Bitcoin is divided? Learn much more about Bitcoin in our cryptocurrency guide.