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Convert Satoshi to Philippine Peso PHP - Satoshi Philippine Peso Calculator

Satoshi
₱ PHP
Satoshi BTC

Convert Philippine Peso to Satoshi

₱ PHP
Satoshi
Important: Comma separates thousands and millions, and point separates decimals.
Bitcoin BTC

Current Bitcoin / Satoshi Price Philippine Peso

1 Satoshi = 0.06658043 PHP

1 Bitcoin = 6,658,043.25 PHP

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Convert Satoshi to PHP Philippine Peso and PHP to Satoshi

Satoshi BTC

Satoshi & Bitcoin to Philippine Peso Conversion Table

Satoshi Philippine Peso Bitcoin Name
1 Satoshi 0.06658043 PHP 0.00000001
10 Satoshi 0.66580432 PHP 0.00000010
100 Satoshi 6.65804325 PHP 0.00000100 1 Bit / μBTC (you-bit)
1,000 Satoshi 66.58043247 PHP 0.00001000
10,000 Satoshi 665.80432474 PHP 0.00010000
100,000 Satoshi 6,658.04324736 PHP 0.00100000 1 mBTC (em-bit)
1,000,000 Satoshi 66,580.43247364 PHP 0.01000000 1 cBTC (bitcent)
10,000,000 Satoshi 665,804.32473640 PHP 0.10000000
100,000,000 Satoshi 6,658,043.24736396 PHP 1.00000000 1 Bitcoin - BTC

What is a Satoshi?

A Satoshi is the smallest unit of a Bitcoin, the most well-known and widely used cryptocurrency. It is named after the pseudonym of the Bitcoin's creator, Satoshi Nakamoto. Each Bitcoin is divisible to the eighth decimal number, meaning it can be divided into 100,000,000 Satoshis (one hundred million), which means that one Satoshi is equal to 0.00000001 Bitcoin.

In Philippine Peso currency, a Satoshi currently equals 0.06658043 PHP.

Use of Satoshis:

The small denomination of Satoshis allows for various forms of usage. The utilization of Satoshis is ideal for microtransactions, that is, transactions that involve small amounts of money, such as tips for content creators, payments for low-cost content, or transactions within blockchain-based applications.

In addition, the use of Satoshis can make Bitcoin transactions more comprehensible and easily readable, as instead of dealing with multiple decimals of a Bitcoin for small transactions, users can work with whole numbers of Satoshis.

Other Denominations of Bitcoin fractions:

Besides Satoshis, there are other denominations used to describe fractions of Bitcoin. These include:

  • Microbitcoin (µBTC): 1 µBTC is equal to 0.000001 Bitcoin, or 100 Satoshis, currently equivalent to 6.65804325 PHP in Philippine Peso.
  • Millibitcoin (mBTC): 1 mBTC is equal to 0.001 Bitcoin, or 100,000 Satoshis, currently equivalent to 6,658.04324736 PHP in Philippine Peso.

These larger denominations are also used in certain contexts, especially when transactions involve larger amounts of Bitcoin than just a few Satoshis but still less than a full Bitcoin.

The Satoshi, the smallest denomination of Bitcoin, plays a vital role in the economy of cryptocurrencies. It facilitates microtransactions and makes Bitcoin transactions more manageable and comprehensible. Along with other denominations like the microbitcoin and the millibitcoin, the concept of Satoshi denomination helps Bitcoin users in their everyday use more effectively.