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.
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.