Bitcoin Info

Useful Bitcoin knowledge, quick facts, and context — all in one place.

Max Supply

21,000,000 BTC

Block Time

~10 minutes

Smallest Unit

1 satoshi (0.00000001 BTC)

Created

2009 by Satoshi Nakamoto

Halving Cycle

Every 210,000 blocks (~4 years)

Consensus

Proof of Work

Quick Glossary

Sats

Short for satoshis, the smallest unit of Bitcoin. 100,000,000 sats = 1 BTC.

HODL

Slang for holding Bitcoin long-term rather than trading it.

Mempool

The pool of unconfirmed transactions waiting to be added to Bitcoin's blockchain.

UTXO

An Unspent Transaction Output — the fundamental unit of value Bitcoin transactions spend.

Halving

An event roughly every 4 years that cuts the rate of new BTC issuance in half.

Cold Wallet

A wallet whose private keys are stored fully offline, away from internet-connected devices.