<p>The 555 outputs a squarewave. Bit depth is a unit for measuring amplitude resolution. There are no anog to digital or digital to analog converters anywhere in the drone lab. So yeah the osc is kinda one bit but if you sum it with another osc thats out of phase or out of tune, now you would need to record it in 2 bit to not loose anything (if you were recording) although the samplerate would still have to be studio quality or it would seriously lofi your shit. The divisor, mixer, and fx do all sorts of things that means its no longer 1 bit.
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