What is Satoshi?

A Satoshi is the smallest fraction of a Bitcoin that can currently be sent: 0.00000001 BTC, which is one hundredth of a millionth of a BTC. However, in the future, the protocol may be updated to allow for further subdivisions, if needed. It is named after Satoshi Nakamoto, the creator of Bitcoin.

All amounts in the blockchain are denominated in satoshi before being converted for display. The source code also uses satoshi when specifying an amount of bitcoin. When displaying an extremely small fraction of a bitcoin, as in a faucet, the amount is displayed in satoshi for readability.

How much is 1000 Satoshi worth?

Predefined Values:
1 Satoshi = 0.00000001 ฿
10 Satoshi = 0.00000010 ฿
100 Satoshi = 0.00000100 ฿
1,000 Satoshi = 0.00001000 ฿
10,000 Satoshi = 0.00010000 ฿

1 BTC = 1,000 mBTC (millibitcoin)
1 BTC = 1,000,000 μBTC (microbitcoin)
1 BTC = 100,000,000 Satoshis
1 mBTC = 100,000 Satoshis
1 μBTC (microbitcoin) = 100 Satoshis

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