Address: 410496b538e853519c726a2c91e61ec11600ae1390813a627c66fb8be7947be63c52da7589379515d4e0a604f8141781e62294721166bf621e73a82cbf2342c858eeac

Script: 410496b538e853519c726a2c91e61ec11600ae1390813a627c66fb8be7947be63c52da7589379515d4e0a604f8141781e62294721166bf621e73a82cbf2342c858eeac

Total Lost: 50 BTC

Transactions: 1

How did this script burn BTC?

Block 1 Coinbase Address (P2PK Format)

This script received the output of the first block mined after the Genesis Block - i.e. Block #1.

This is believed to belong to Satoshi Nakamoto, the creator of Bitcoin. It is widely assumed that he was the only miner active at the time Block #1 was mined.

Although many explorers index this address as 12c6DSiU4Rq3P4ZxziKxzrL5LmMBrzjrJX, it is actually a Pay-to-Pubkey (P2PK) address, with the coinbase output being directly sent to the public key.

Any outputs sent to the P2PK version of this address would only be spendable if Satohi’s original wallet files are accessible and in good order.

However, due to the misrepresentation of this as a Pay-to-Pubkey-Hash (P2PKH) address, it has received a significant amount of funds over the years. Most of these outputs are sent to the P2PKH version of the address.

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Satoshi’s BTC

Ever since Satoshi stepped away, there has been no spending activity on any wallets that are known to be controlled by Satoshi.

The BTC held within these is widely considered to be lost and a net reduction in the amount of BTC available for everyone else.

View revision history
Transaction ID Block Height Amount
0e3e2357e806b6cdb1f70b54c3a3a17b6714ee1f0e68bebb44a74b1efd512098 1
50 BTC
now $3,133,105.00
50 BTC