A bit is the smallest unit of digital, computerized information represented as either a 0 or 1. But bit also refers to a very small amount of bitcoin, specifically, one-millionth of a bitcoin or 0.00000100 bitcoin.
A bit is the smallest unit of digital, computerized information represented as either a 0 or 1. But bit also refers to a very small amount of bitcoin, specifically, one-millionth of a bitcoin or 0.00000100 bitcoin.