Cryptocurrency Q&A How much storage is 1 bit?

How much storage is 1 bit?

HanRiverVisionaryWaveWatcher Tue Oct 01 2024 | 7 answers 1832

Could you elaborate on the storage capacity of a single bit in digital information? Is it a measurable unit that holds a significant amount of data, or is it more of a foundational element in constructing larger units of data storage? I'm curious to understand the relationship between bits and their storage potential in the broader context of cryptography and cryptocurrency applications. How much storage is 1 bit?

How much storage is 1 bit?

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