CryptoURANUS Economics: Bit: Defined in CryptoCurrency
CryptoUranus is a moderate review of crypto-Industry growth sectors providing user friendly translation for educational purposes only.
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Thursday, May 6, 2021
Bit: Defined in CryptoCurrency
Bit: Defined in CryptoCurrency
A
bit is the smallest unit of digital, computerized information
represented as either a 0 or 1. But bit also refers to a very small
amount of bitcoin, specifically, one-millionth of a bitcoin or
0.00000100 bitcoin.
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