I have been trying to find out just what is an
mBTC is. Everywhere I look I cannot find out what the value is compared to a Bitcoin.
I was hoping you could advise me of what the value is.
m is the symbol for the metric prefix
milli which indicates a unit to be one thousandth of its base unit.
A millibitcoin therefore is 0.001 BTC or 1/1000 BTC.
mBTC stands for milliBTC. Just like millimeter or millivolt, milli indicates 1/1000th in the metric system.
mBTC is also know as millibitcoin and it also one thousandth of a BTC (1 mBTC = 0.001 BTC) and there is another unit μBTC also known as microbitcoin and it is also one millionth of a BTC.
A millibitcoin is 0.001 BTC. But an easier way to remember is one satoshi is one hundred millionth of a bit coin.
Ten Satoshi = one Ith I one hundred Satoshi = one Hish H one thousand Satoshi = one Shi S ten thousand Satoshi = one Oth O one hundred thousand Satoshi = one Tish T one million Satoshi = one Ash A ten million Satoshi = one Sha S