What is Satoshi? Ordinary people who are not even aware of the existence of cryptocurrency will answer that it is probably one of the types of sushi in a Japanese restaurant.
But those who have been living in the world of crypto coins for several days now know that satoshi is the smallest, indivisible part of Bitcoin. How to earn your first coins and how to convert them into other types of cryptocurrencies. This is discussed in detail in this article.
- How many Satoshi are in one Bitcoin?
- Satoshi calculator
- How many satoshi in rubles
- How to earn satoshi Satoshi faucets
- Bitcoin games
How many Satoshi are in one Bitcoin?
One Bitcoin is divided into 100 million Satoshi, that is, one Satoshi is 0.00000001 BTC. That is, satoshi for Bitcoin is the same as a penny for the Russian ruble - the smallest and indivisible unit of calculation (only 1 million times less than a penny).
The conversion table clearly shows how many satoshis are in one bitcoin:
How many Satoshi are in one Bitcoin?
What is satoshi
Many beginners note that with such a small indivisible unit it is difficult to mentally translate bitcoins into satoshis and vice versa, but such a fractional unit of calculation is convenient for making microtransactions (which are often carried out in the bitcoin payment system). In addition, the commission to miners is also paid in satoshi, which allows it to be calculated as accurately as possible.
A small educational opportunity: the hundred millionth part of Bitcoin was registered by its creator, Satoshi Nakamoto, approximately in November 2008 and was not yet called satoshi. In November 2010, a proposal appeared to honor the father of the first cryptocurrency by naming a hundredth of a Bitcoin after him. At the beginning of 2011, on the BitcoinTalk forum, it was suggested that instead of the hundredth part, the hundred millionth part should be called “Satoshi”, since then this name has stuck.
There are other names for fractional parts of Bitcoin that are not as widely used. So:
- 0.000001 satoshi is you-bit or 1 bit;
- 0.001 satoshi is em-bit;
- 0.01 satoshi is bitcent.
These units of measurement are more convenient for calculating the amount of large transactions, but community members are more likely to say “10 million satoshi” than “bitcent”.
Bottom line
As you can see, Bitcoin faucets provide a very real opportunity to earn, if not Bitcoins, then Satoshis. You don’t even have to waste time entering captcha. On some sites it is not available; there you only need to go to the desired page. And where a captcha is provided, the user can use a special script program that will enter it at the appropriate time. This script is easy to find on the Internet for each faucet.
In practice, most participants work on several, or even all, cranes available to them at once. Thanks to the same scripts, this opportunity is quite accessible, and the total time spent on all sites will be small; this employment can be combined with the main job.
The main disadvantages of this type of earnings are the small income received by most participants and interruptions in withdrawals, which various users complain about in their reviews. The maximum daily earnings from one faucet can reach 35–40 thousand satoshi, which is less than 1 dollar.
Finally, connecting your own referrals to faucets will be an excellent additional income, which will significantly exceed the income from visiting sites.
Satoshi calculator
Satoshi calculator
For the convenience of users on the Internet, there are a lot of Satoshi calculators for converting into any type of cryptocurrency or fiat money. The most common Satoshi converter is offered by the Bestchange service.
Satoshi to other currencies converter on Bestchange
// Source: Bestchange
To convert satoshi to rubles or cryptocurrency, all you need to do is:
- Indicate the required amount of currency in the first field (in our case - 1):
Bestchange Satoshi calculator interface // Source: bestchange.ru
- Select the desired cryptocurrency in the second field (select satoshi):
Bestchange Satoshi calculator interface // Source: bestchange.ru
- In the last field, indicate the currency into which Satoshi is converted (we chose rubles):
Bestchange Satoshi calculator interface // Source: bestchange.ru
- The third field will automatically display the amount corresponding to the current exchange rate:
Bestchange Satoshi calculator interface // Source: bestchange.ru
That is, at the time of writing, 1 satoshi costs 0.01 ruble, or 1 kopeck (this rate is far from the real one, but this is apparently a feature of Bestchange).
The Bestchange Satoshi calculator supports various conversion pairs; it can be used to calculate not only how much a Satoshi is worth in various currencies, but also convert fiat or other cryptocurrencies to Satoshi. In addition to Bestchange, you can also use:
- Cryptonator is an amazing converter that features a huge selection of cryptocurrencies. Here Bitcoin can be converted into any fiat or crypto - from the Australian dollar to the Golem cryptocurrency. We select a pair to recalculate and indicate the amount. A user-friendly interface is included;
- Awebanalysis is a multifunctional service for crypto holders, which, among other things, offers dynamic monitoring of the Bitcoin exchange rate and a quick calculator for converting satoshi and bitcoins into fiat. To work, just enter the required amount of cryptocurrency. True, the calculator only works with dollars, euros and Japanese yen;
- Ifaucet is a simple Satoshi calculator that supports 8 fiat and cryptocurrencies for conversion (including rubles, dollars and hryvnia). A simple and intuitive interface; Coinmarketcap and currencyconverterapi are used to generate the exchange rate.
When using a Satoshi calculator, you also need to take into account that the conversion amount may differ from service to service. This depends on the exchange rate the converter uses. Usually the average market rate is derived from analytical services (or exchangers, as in Bestchange), but it is also possible to link to a specific cryptocurrency exchange. And yes, the numbers in the Satoshi calculator during preliminary calculation and on the exchange during the purchase often do not match, since the sites react faster to changes in the Satoshi rate and form prices differently than exchangers and analytical services.
Working with a Bitcoin faucet
First you need to create a Bitcoin wallet.
- open the site itself;
- then you need to register on this site by entering your wallet address in the required field;
- After that, enter the captcha;
- then click on the button to receive earnings (Claim Reward or Get Reward, or something similar).
You should pay attention to the balance of this tap. If the available balance is zero satoshi, you will not be able to make money on the site. This happens from time to time, so it is recommended to check the taps for availability.
It is usually not possible to withdraw funds immediately, since Satoshi is not a very large unit and it makes no sense to transfer small change to the user. The sites offer to wait until the participant has accumulated a certain amount, and only after that it goes to him.
In anticipation of this, Satoshi from some sites are stored on gateway servers, that is, intermediaries between users and these Bitcoin faucets. A withdrawal request is satisfied within a certain time, up to a week, and a commission is charged for the withdrawal itself.
Other faucets allow you to withdraw money from the system directly, the standard minimum in some places is 5500 satoshi.
A separate option is to earn bitcoins on the machine without entering a captcha. You can earn income in this way if you develop a special script that will write letters or numbers in the captcha field for the user.
How many satoshi in rubles
How many satoshi in rubles
There are often situations when a user needs to quickly convert rubles to satoshi or vice versa in order to understand approximately how much he can earn/should pay. Since the volatility of Bitcoin is now relatively low, for quick calculations we will create a small diagram (screen and print):
- 1 ruble – 146 satoshi;
- 10 rubles - 1464 satoshi;
- 100 rubles - 14637 satoshi;
- 1000 rubles - 146378 satoshi;
- 10,000 rubles - 1463789 satoshi.
Now let’s find out how many satoshis are in rubles:
- 1 satoshi - 0.006 rubles;
- 10 satoshi - 0.07 rubles;
- 100 satoshi - 0.68 rubles;
- 1000 satoshi - 6.83 rubles;
- 10,000 satoshi - 68 rubles.
The table was created at a Bitcoin exchange rate of $10,370 or 682,407 rubles (Satoshi to ruble exchange rate). And for quick approximate calculations, it will be suitable as long as the cryptocurrency remains around $10,000.
Those who need an always up-to-date Satoshi rate and static tables are not suitable (and there is no converter), can open a regular calculator and enter the Bitcoin rate in rubles there, then divide this number by 100 million. The resulting result will show how much Satoshi is in rubles.
How to earn satoshi
You can earn satoshi in many ways, including those that do not require money or special skills from the user. Those who are not suitable for trading, mining, cryptocurrency arbitrage and other complex instruments that require starting capital can use Satoshi faucets and Bitcoin games.
Satoshi faucets
Satoshi faucets
Satoshi faucets are one-page sites whose business model is based on payment with cryptocurrency for targeted actions of visitors. This is, as a rule, going to the website of a service partner or viewing banner advertising. Payment for the action is carried out in Satoshi. This method of earning Bitcoin is quite simple, ideal for beginners.
What's the catch? If this is an honest service, then there is no catch - the site receives money from the advertiser, part of which it pays in Satoshi to users for clicks, and keeps the rest for itself. If they promise to earn 100+ (and even 10+) satoshi in an hour, then most likely this is a fraudulent site; paying that much money for a captcha and viewing ads is simply unprofitable.
The most profitable and popular in 2022 are the following Satoshi faucets:
- Freebitco.in is probably the oldest and most famous faucet among members of the crypto community. In essence, this is not even a faucet, but rather an online casino - the player presses buttons and randomly wins or loses satoshi. The rules state that you can win a super prize - $200 in crypto equivalent. There is also a referral program with a reward of 50% of the earnings of the attracted referral.
The “Network Trust” service shows the following statistics on the site (reviews are available at the link):
Trust rating of the site Freebitco.in
// Source: trustevset.rf
- Dailyfreebits.com is also one of the well-deserved Satoshi faucets, the algorithm of which includes winnings from 5 to 1200 Satoshi per hour. Withdrawal through Dailyfreebits.com, the withdrawal threshold is 100 satoshi. There is an affiliate program with a 10% reward from the referral’s earned profit. The downside is that you can’t even click on the page without an advertisement opening in a new tab.
The “Network Trust” service shows the following statistics on the site (reviews are available at the link):
Trust rating of the site Dailyfreebits.com
// Source: trustvset.rf
- Bonusbitcoin.co - pays for solving captcha every 15 minutes. The reward amount is random each time (on average - 6 satoshi for 1 captcha). Every day the user receives a 5% bonus to the funds earned. To get started, registration via email is required. Read our detailed review of Bonus Bitcoin.
The “Network Trust” service shows the following statistics on the site (reviews are available at the link):
Trust rating of the site Bonusbitcoin.co
// Source: trustovset.rf
As you can see, Satoshi faucets are not the fastest way to accumulate crypto capital and, at best, you can get $10-$20 through them in a month. However, considering that the user does not require financial investments at all, this is a good tool for beginners. Just check reviews about the service on several sources so as not to waste time.
Where can I get satoshi?
The most popular resources where you can get Satoshi are Bitcoin faucets, which pay with these coins almost exclusively for staying on the site.
You probably guess yourself that for such simple work they pay accordingly, that is, not much. Therefore, it is more convenient to operate with satoshis here, rather than with shares of bitcoin. And purely psychologically, an amount of several million, even satoshi, has a much more positive effect than writing a share of BTC with several zeros after the decimal point.
By the way, one faucet will not bring you any serious profit, but if you use several similar resources at once, you can increase your income:
- FreeBitcoin
- Daily Free Bits
- I-bits
- Konstantinova net
- xFaucet
- Coin mg
The above faucets are quite popular because they really pay regularly for a long time, so you can safely use them.
Just keep in mind that Freebitcoin (here is a detailed article about this faucet) is part of a web service that already has a micro-wallet, so no additional actions are required.
To collect BTC shares from other generators listed in the list (Daily Free Bits, I-bits, xFaucet, Konstantinova net, Coin mg), synchronize them with the wallet of the FaucetPay website, where, by the way, you will find a whole list of faucets that you can work with.
