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millibitcoin

noun

millibitcoin

noun

Etymology From milli- + bitcoin.

1

A thousandth of a bitcoin or 0.001 BTC, equivalent to 1,000 bits or 100,000 satoshi.

  • The current minimum transaction fee is fixed at 0.0001 bitcoin or a tenth of a millibitcoin per kilobyte, recently decreased from one millibitcoin.2014, Andreas M. Antonopoulos, Mastering Bitcoin: Unlocking Digital Cryptocurrencies:
Synonyms
millicoin, millibit, mBTC

Entry derived from the Wiktionary, under licence CC BY-SA 4.0 — list of authors.