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Each Bitcoin is equal to 100 million Satoshis, making a Satoshi the smallest unit of Bitcoin currently recorded on the blockchain.
Think of the Satoshi as the "cents" part of Bitcoin. But unlike a penny that represents 0.01 USD, Satoshi represents roughly 0.00000001 BTC — or Bitcoin to its eighth decimal.
We've put together the quick conversion table below to help you visualize numbers so small.
| Satoshi | Bitcoin |
|---|---|
| 1 Satoshi | 0.00000001 Bitcoin |
| 10 Satoshi | 0.00000010 Bitcoin |
| 100 Satoshi | 0.00000100 Bitcoin |
| 1,000 Satoshi | 0.00001000 Bitcoin |
| 10,000 Satoshi | 0.00010000 Bitcoin |
| 100,000 Satoshi | 0.00100000 Bitcoin |
| 1,000,000 Satoshi | 0.01000000 Bitcoin |
| 10,000,000 Satoshi | 0.10000000 Bitcoin |
| 100,000,000 Satoshi | 1.00000000 Bitcoin |
The price of 1 Satoshi will always be the current price of Bitcoin divided by 100 million. For example, if the price of Bitcoin is currently US$65,000, the price of 1 Satoshi will be US$0.00065.
Satoshis are named after the psuedoanonymous inventor of Bitcoin, Satoshi Nakamoto. While Satoshis were not defined in the original Bitcoin whitepaper as one hundred millionth of a Bitcoin, the name was first suggested in 2011 by "ribuck", a user on the Bitcoin Talk forum.
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