Bitcoin Ordinal NFT
Bitcoin Ordinal NFT: Everything You Need to Know
Go Back
đź•’ 5:26 PM
đź“… May 10, 2025
✍️ By hamskid
What Are Bitcoin Ordinals?
Bitcoin Ordinals are assets that have had data inscribed or written on individual satoshis on the Bitcoin blockchain. Every satoshi is given a serial number based on the order in which it was mined. These numbers are known as ordinals and they help the blockchain keep track of where every satoshi is located and who owns it.
The Ordinal protocol makes it possible to create unique and scarce digital assets similar to non-fungible tokens (NFTs) by attaching the data from an asset to a satoshi. They benefit from the security and decentralization of Bitcoin’s blockchain. The Bitcoin mainnet Ordinals software was released in January 2023.
How Bitcoin Ordinals Work
The Ordinals protocol assigns more information to the serial numbers of each satoshi, the smallest Bitcoin unit. This extra data is referred to as an inscription.
A single bitcoin can be divided into 100 million satoshis, each worth 0.00000001 BTC. Satoshis are numbered according to the order in which they were mined on the Bitcoin blockchain.
How to Mint Bitcoin Ordinals
Bitcoin Ordinals are minted in the same manner as other NFTs. They're just special types of transactions that use the Bitcoin blockchain and network.
Select a Bitcoin-compatible platform such as Magic Eden.
Find the section for inscribing or creating an Ordinal.
Drag your file to the interface, insert your text, or choose your domain if desired.
Click "Inscribe" or the equivalent button.
Impact of Bitcoin Ordinals
The impact of Bitcoin Ordinals is best illustrated through the division it's created among Bitcoin users. This functionality on Bitcoin sparked a heated debate among users who have differing opinions on whether Ordinals are beneficial for the network.