bits, mbtc, satoshis, btc, usd calculator tool. Find out the current Bitcoin unit value with easy-to-use converter. Please enter an amount to convert. Prices come from Bitcoin Average. What is Bitcoin? Bitcoin is a digital currency. It's created, used, stored - all digitally.

Oct 14, 2014 · Bitcoins are defined as 10 8 base units, meaning that for a 50 BTC mining reward, you are actually earning 5 000 000 000 units. So, why was 10 8 chosen as the value of one bitcoin relative to the base unit?

One Bitcoin has 8 decimal places. The smallest fraction is called a Satoshi. This means different things for different people. Let's see:

Most commonly, units of bitcoin are expressed in decimal exponents such as BTC ("bitcoins"), mBTC ("millibitcoins") and μBTC (" micro-bitcoin or bit "). The BTC unit was chosen to represent a value of 10 8 so as to give sub-unit precision rather than large whole numbers.

The price of Bitcoin (BTC) is $98349.7037578987 today as of Feb 11, 2025, 1:05 am EST, with a 24-hour trading volume of $211417.30602418.

Aug 4, 2020 · Bitcoins are not pieces of data, Bitcoin is a unit of measure. To store any amount of Bitcoin in a pendrive you just store a private-key on the pendrive. That is a 256-bit number. It is exactly the same size for 0 Bitcoin, 0.00001 Bitcoin, 1 Bitcoin or for 21,000,000 Bitcoin.

Feb 2, 2023 · Bitcoin is an innovative digital payment system. It is an example of a cryptocurrency and the next big thing in finance. It is a virtual currency designed to act as money and outside the control of any person or group thus eliminating the need for third-party in financial transactions. It is used as a reward for the miners in bitcoin mining.

This is a Bitcoin price and history chart. Find historical and current Bitcoin prices in this accurate chart (updated every minute).

Nov 21, 2024 · That investment would be worth $108,992,743.36 today based on a price of $98,093.47 for Bitcoin at the time of writing. In contrast, a $1 investment in Bitcoin at the time of the Bitcoin-pizza...