The Units Of The Bitcoin Note

in #bitcoin6 years ago

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Please note that the units of the unit using Bitcoin. Mengetaui unit of Bitcoin needed so that later when transacting Bitcoin is not an error.

The units in the Bitcoin:
  1. Milli Bitcoin

  2. Micro Bitcoin

  3. Satoshi

Here's an explanation of each of the units used in the Bitcoin

Milli bitcoin

One milli bitcoin is worth one per thousand bitcoin (0.001 bitcoin). One thousand consists of bitcoin milli bitcoin. Milli bitcoin abbreviated (mBTC) and read mi-bits.

Micro bitcoin

One micro bitcoin is worth one millionths bitcoin (0000 001 bitcoin). One milli bitcoin consists of a thousand and one micro bitcoin bitcoin consists of a million micro bitcoin. Micro bitcoin shorted (µ BTC) and read yu-bit or bits alone.

Satoshi

This is the smallest unit of bitcoin. The name of this unit is taken from the name of the inventor of the Bitcoin: Satoshi Nakamoto. A bitcoin consists of one hundred million Satoshi. One micro bitcoin consists of 100 Satoshi and one milli bitcoin consists of 100 000 Satoshi. While this article is created, the value of one satoshi is just 5 cents.

0000 000 01 BTC = 1 satoshi

0000 000 1 BTC = 10 satoshi

0000 001 = 1 µ BTC BTC (micro)

0000 01 BTC = 10 µ BTC

0000 1 = 100 µ BTC BTC

0.001 BTC = 1 mBTC (milli)

0.01 = 10 BTC mBTC

0.1 BTC = 100 mBTC

1 = 1 BTC BTC

10 = 10 BTC BTC

100 = 100 BTC BTC

1,000 BTC = 1 kBTC (kilo)

10,000 = 10 BTC kBTC

100,000 BTC = 100 kBTC

1 million of BTC = 1 MBTC (mega)

10 million = 10 BTC MBTC

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