A Satoshi is Bitcoin’s smallest, indivisible part. In other words, a Satoshi in Bitcoin is like one cent for a dollar — with the only difference being that BTC consists not of one hundred units but of one hundred million Satoshi units. Satoshi got its name from the creator of BTC, Satoshi Nakamoto. Bitcoin has changed its price dramatically over the last few years. When it went over $8,000, not everyone could afford to buy a whole Bitcoin, so that’s when Satoshi became popular. Logically, Satoshi and BTC change their price equally. On cryptocurrency exchanges, Satoshi to USD and other fiat currencies rates can be found. To count the equivalence of fiat currencies in Satoshi and vice versa, it is possible to use a special Satoshi calculator. Satoshi mining is the same process as Bitcoin mining.
A summary of this week’s top news from Spain and Latin America, as covered by our Spanish language version, Cointelegraph en Español.
Crypto News From the Spanish-Speaking World: Week in Review
An investor who purchased $100 of Bitcoin in September 2016 when Bitcoin was selling for $572 would be sitting on $850 with today’s $5,000 price point.
How Much $100 Investment in Bitcoin A Year Ago Worth Now?
A look at Google search trends shows that the more people search the digital currency, the more its price rises, which in turn, raises the price further.
Satoshi Cycle: Interest in Bitcoin Raises Price, Which Raises Interest
Our London Correspondent on new ICOs, Mormons seeing the light in Blockchain, Satoshi, Blockchain entrepreneur abducted by aliens and CityChain 2017.
Blockchain Mormons, ICOs, Aliens, Football: London Scene Round Up
Our London Correspondent Nick Ayton’s London Roundup: Blockchain major must-see events, today’s most sexy ICOs and Irishman discovering consensus. TankCoin lau...
London Scene Roundup: Most Sexy ICOs, Blockchain-upon-Thames and Irishmen
John Bailon is Co-Founder and CEO/CTO at Satoshi Citadel Industries (SCI), a Filipino Bitcoin startup aiming to improve the lives of Filipinos with smart and in...
Uniting Separated Families with ‘Rebittances’: Interview with Filipino Company, Satoshi Citadel Industries
Satoshi Nakamoto family calls him a brilliant but very private man and this could very well be the reason for his lawsuit against Newsweek.
“Inventor” of Bitcoin Sues Newsweek