There are 1440 minutes in a day, and 256 possible values in a byte. How do we store the time in one byte? We can count in 6 minute increments (1440 / 6 = 240). That way, the time is always ±3 minutes off.
Credit to @Echonic for the number engine. Since this is a low quality project, I haven't added an 8 bit binary value below the time yet. I may add it soon.