How much is one bit of a coin?
I'm trying to understand the value of a single bit in the context of a coin. Is it a fraction of the coin's total value, or does it represent something else? I'm curious to know how much one bit of a coin is worth.
How much is one bit of Bitcoin worth?
I'm curious, could you please clarify for me the current value of one bit of Bitcoin? I understand that the price of Bitcoin can fluctuate significantly, but I'm interested in knowing the approximate worth of a single bit at this moment in time. Additionally, I'd appreciate it if you could explain how the value of Bitcoin is determined and what factors might influence its price. Thank you for your assistance.