A satoshi is the smallest division of a bitcoin and the base unit of exchange on the Bitcoin SV network. There are 100,000,000 satoshis in 1 bitcoin. The unit is named after Satoshi Nakamoto, the pseudonymous author of the 2008 Bitcoin whitepaper.

Satoshis are represented as integers where 1 satoshi is the smallest unit of exchange on the Bitcoin ledger.

“Bitcoins” are a human construct, as all values in Bitcoin are treated as integers quantities of Satoshis, rather than decimal bitcoin fractions in the protocol.

The table below provides information on how many Satoshis in a Bitcoins, depending on their quantity:

Satoshi BSV
1 0.00000001
10 0.0000001
100 0.000001
1 000 0.00001
10 000 0.0001
100 000 0.001
1 000 000 0.01
10 000 000 0.1
100 000 000 1

Thus, 1 Satoshi = 0.00000001 BSV.

Satoshis and the Miner Subsidy Schedule

The total number of satoshis in existence is approximately 2.1 x 1015 (21 million BSV), and they are distributed at a mathematically predictable rate using the miner subsidy formula. The miner subsidy, which began at 50 newly minted bitcoins per block, is scheduled to divide in 2 every 210,000 blocks, approximately every 4 years. At the time of the 6th halvening (approximately 2032) the miner subsidy will fall below 1 BSV to 78125000 satoshis (0.78125 BSV).

By the time of the 31st halvening (approximately the year 2136) the miner subsidy will be reduced to 1 satoshi and in the year 2140 (block no. 6,720,000) the subsidy will finish marking the final distribution of satoshi tokens onto the ledger.

See Also


This content is based on content sourced from under Creative Commons Attribution 3.0. Although it may have been extensively revised and updated we acknowledge the original authors.

« Back to Glossary Index

Written by Ramon Quesada

Passionate about Blockchain & Bitcoin technology since 2013, Co- Founder of, Team Manager in the CoinTelegraph Spain franchise (2016-2017 years) Co. Organizer of the Blockchain Boot camp Valencia 2018, Co. Organizer of the mini Hackathon BitcoinSV Barcelona, in August 2019, current coordinator of the BSV Valencia Meetup.


Scripts with Flow Control (Conditional Clauses)