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Bit

What is a Bit?

A bit is 1 millionth of a Bitcoin. So, there are 1,000,000 bits in 1 Bitcoin. This should not be confused with a Satoshi, which is the smallest unit of Bitcoin.

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The views expressed on this blog are based on personal opinion and experience, and should not be considered as professional financial investment advice. Feel free to contact us here. For our live charts & news, we’re using the awesome APIs from CryptoCompare and Cryptopanic.

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