Cryptocurrency Q&A
How many bits make a Bitcoin?
How many bits make a Bitcoin?
Giuseppe
Mon Dec 02 2024
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6 answers
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I'm trying to understand the technical aspects of Bitcoin. Specifically, I want to know how many bits constitute a Bitcoin. Is it a fixed number or does it vary? If it's fixed, what is the exact number of bits?
6 answers
Alessandra
Wed Dec 04 2024
Bitcoin is divisible into smaller units called bits.
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GeishaElegance
Wed Dec 04 2024
Specifically, there are 1 million bits in a single Bitcoin.
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ZenHarmony
Tue Dec 03 2024
This subdivision allows for greater flexibility in transactions.
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JejuSunshineSoulMateWarmth
Tue Dec 03 2024
It's easier to use bits for smaller purchases or payments.
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CryptoVisionaryGuard
Tue Dec 03 2024
For instance, instead of sending 0.0001 Bitcoin, you can send 100 bits.
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