Units

Most commonly, units of bitcoin are expressed in decimal exponents such as BTC ("bitcoins"), mBTC ("millibitcoins") and μBTC ("bits").

Decimal metric units

The BTC unit was chosen to represent a value of 108 so as to give sub-unit precision rather than large whole numbers. Mirroring the standard Le Système International d'Unités, this allows for divisions of 1/10th (deci-bitcoins, dBTC), 1/100th (centi-bitcoins, cBTC), 1/1 000th (milli-bitcoins, mBTC), and 1/1 000 000 (micro-bitcoins, μBTC).

Bits

Many have adopted the practice of referring to the micro-bitcoin metric sub-unit as "bits".

Table of all units

This table is intended to include all well-defined units of bitcoin value, including less common and niche units.

UnitAbbreviationDecimal (BTC)Alternate namesInfo
Algorithmic maximum20,999,999.9769    Calculation
tam-bitcoin2,814,749.767106561,0000,0000 tonal
mega-bitcoinMBTC1,000,000         Rare in context
kilo-bitcoinkBTC1,000         Rare in context
hecto-bitcoinhBTC100         Rare
Initial block subsidy50         Until block 210000[1]
bong-bitcoinᵇTBC42.949672961,0000 tonal
Current block subsidy6.25       blockAs of halving day 2020, block 630000
deca-bitcoindaBTC10         Rare
mill-bitcoinᵐTBC2.684354561000 tonal
bitcoinBTC1         coinSI base unit
san-bitcoinˢTBC0.16777216100 tonal
deci-bitcoindBTC0.1       Rare
ton-bitcoinᵗTBC0.0104857610 tonal
centi-bitcoincBTC0.01      bitcentFormerly frequent[2]
milli-bitcoinmBTC0.001     millibit, millieOccasional
bitcoinTBC0.00065536Tonal base unit
bitcoin-tonTBCᵗ0.000040960.1 tonal
bitcoin-sanTBCˢ0.000002560.01 tonal
micro-bitcoinμBTC0.000001  bitFrequent
bitcoin-millTBCᵐ0.000000160.001 tonal
0.0000001 finney[3]
bitcoin-bongTBCᵇ0.000000010.0001 tonal
sat0.00000001satoshiBlockchain value
msat0.00000000001millisatoshi[4]Payment channel value

See also

References

  1. Block 209999. Main chain. 2012-11-28. Hash 00000000000000f3819164645360294b5dee7f2e846001ac9f41a70b7a9a3de1. Block explorer
  2. Bitcents were frequent until the November 2013 bubble
  3. After Hal Finney, Bitcoin Pioneer
  4. Receiving and receiving payments
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