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Topic: BTC/SAT/μBTC/mBTC - page 2. (Read 311 times)

sr. member
Activity: 224
Merit: 195
May 24, 2024, 01:28:25 AM
#1
I believe Satoshi is a common term for all Bitcoin enthusiasts which refers to the smallest fraction of Bitcoin. In 1 Bitcoin we have a total of 100,000,000 satoshis, which means we can divide 1 Bitcoin into 100 million fractions, currently this might not worth much but in the future a satoshi might be worth covering up some expenses. Bitcoin is not only represented in satoshi, we also have the μBTC (Micro Bitcoin)  and mBTC (Milli Bitcoin).

I see a few signature campaign which pays per post according to satoshis and most users still find it difficult to do the conversion but nevertheless this thread will be of good help, instead of solely depending on web converter we can deploy little mathematical skill.

Conversion of Bitcoin to Satoshi (Sat)
1 Bitcoin = 100,000,000 Sat
100,000,000 = 1×10^-8 BTC
1 Sat = 0.00000001BTC

Converting μBTC to BTC
μ (Micro in normal terms of our mathematics = ×10^-6)
So if we are to convert 1 μBTC to BTC
1 μBTC = 1×10^-6 = 0.000001 BTC
Having converted μBTC to Btc now we convert to Sat
As we know; X signifies the unknown number of Sat we are looking for
1 Sat = 0.00000001
X amount of Sat  = 0.000001
Doing the calculation, we get
X = 0.000001 ÷ 0.00000001
= 100 Sat
So, we can conclude that 1μBTC = 0.000001BTC and also = 100 Sats

Converting mBTC to BTC
m (Milli in normal terms of our mathematics = ×10^-3)
Let's convert 1 mBTC to BTC first
1 mBTC = 1×10^-3 = 0.001BTC
Having converted mBTC to Btc now we convert to Sat
As we know; X signifies the unknown number of Sat we are looking for
1 Sat = 0.00000001 BTC
X amount of Sat  = 0.001
Doing the calculation, we get
X = 0.000001 ÷ 0.00000001
= 100,000 Sat
So, we can conclude that 1 mBTC = 0.001BTC and also = 100,000 Sats

My research source
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