7114 Satoshi = 0.00007114 Bitcoin (BTC)
Explanation: 1 satoshi is equal to 0.00000001 Bitcoin. Therefore, to calculate how many Bitcoins is 7114 satoshi, we need to multiply 0.00000001 by the number of satoshi (7114). 0.0000001 times 7114 gives us 0.00007114.
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A satoshi is the smallest unit of a bitcoin. It is equivalent to 100 millionth of a bitcoin.
This is similar to the relation between dollar and cent, except that cent is the hundredth of a dollar. While conversions between dollars and cents are easy, the same thing can not be said about bitcoin and satoshi. That is why this simple online tool was created.
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