Unit | Symbol | Satoshis | BTC Equivalent | Description |
---|---|---|---|---|
Bitcoin | BTC | 100,000,000 | 1.00000000 | The base unit of Bitcoin |
Millibitcoin | mBTC | 100,000 | 0.00100000 | One thousandth of a Bitcoin |
Microbitcoin | μBTC | 100 | 0.00000100 | One millionth of a Bitcoin |
Satoshi | satoshis | 1 | 0.00000001 | The smallest unit of Bitcoin |
Finney | finney | 10,000,000 | 0.10000000 | One tenth of a Bitcoin |
Bit | bits | 100 | 0.00000100 | Alternative name for microbitcoin |
The satoshi is named after Bitcoin's creator, Satoshi Nakamoto. It's the smallest unit of Bitcoin, with 100 million satoshis making up 1 Bitcoin. As Bitcoin's value increases, smaller units like satoshis become more practical for everyday transactions.