Transaction 0692bae855ca65a8067a71f17f6df9bd280771d16e9bf923a37f2ec8aaab729e

Block #164022

2012-01-27 02:27:37 +0000 UTC (~14 years, 5 months ago)

BTC Burned: 🔥0.0025 BTC🔥

Inputs

Coinbase: 049a0b224f023d012c4d4d3d3d464be3b2a5adc8a799a88064f9fcc796a3d1a283994ae1695b0bffc437d7638a0100000000000000

Outputs

41049c1357c147ad25c7f824bf5151830a9aa4b98f3e4eb9c33df922f5ef55f131a0473c3684dc51aaeab6a226910a7ad3aaf0510c77cab47f8b47ae3003bf929746ac

049c1357c147ad25c7f824bf5151830a9aa4b98f3e4eb9c33df922f5ef55f131a0473c3684dc51aaeab6a226910a7ad3aaf0510c77cab47f8b47ae3003bf929746 OP_CHECKSIG pubkey

How did this transaction burn BTC?

Coinbase Reward Loss

For a variety of reasons, some blocks do not claim their full block reward.

The Bitcoin Protocol and reference Bitcoin Core implementation only require that the sum of all outputs in the coinbase transaction are less than or equal to block subsidy + transaction fees for that block. They don’t require that all of this entitlement is claimed by the miner.

Over the years, numerous misconfigurations and bugs in the systems used by miners to generate block templates have resulted in under-claiming of the block reward. Not only is this a loss to the miner, but it also reduces the total supply of Bitcoin that will ever be mined. There is no mechanism to claim unclaimed rewards after the block in which they were supposed to be claimed.

On rarer occasions, bugs in the reference implementation itself have led to losses - notably, the Genesis Block, Block 91722, and Block 91812 block rewards were claimed but destroyed due to bugs in the Bitcoin Core implementation at that time.

View revision history

Raw Transaction

{
  "txid": "0692bae855ca65a8067a71f17f6df9bd280771d16e9bf923a37f2ec8aaab729e",
  "hash": "0692bae855ca65a8067a71f17f6df9bd280771d16e9bf923a37f2ec8aaab729e",
  "version": 1,
  "size": 180,
  "vsize": 180,
  "weight": 720,
  "locktime": 0,
  "vin": [
    {
      "txid": "",
      "vout": 0,
      "scriptSig": {
        "asm": "",
        "hex": ""
      },
      "prevout": {
        "generated": false,
        "height": 0,
        "value": "",
        "scriptPubKey": {
          "asm": "",
          "desc": "",
          "hex": "",
          "type": ""
        }
      },
      "coinbase": "049a0b224f023d012c4d4d3d3d464be3b2a5adc8a799a88064f9fcc796a3d1a283994ae1695b0bffc437d7638a0100000000000000",
      "sequence": 4294967295
    }
  ],
  "vout": [
    {
      "value": "50.00000000",
      "n": 0,
      "scriptPubKey": {
        "asm": "049c1357c147ad25c7f824bf5151830a9aa4b98f3e4eb9c33df922f5ef55f131a0473c3684dc51aaeab6a226910a7ad3aaf0510c77cab47f8b47ae3003bf929746 OP_CHECKSIG",
        "desc": "pk(049c1357c147ad25c7f824bf5151830a9aa4b98f3e4eb9c33df922f5ef55f131a0473c3684dc51aaeab6a226910a7ad3aaf0510c77cab47f8b47ae3003bf929746)#f6lp5fph",
        "hex": "41049c1357c147ad25c7f824bf5151830a9aa4b98f3e4eb9c33df922f5ef55f131a0473c3684dc51aaeab6a226910a7ad3aaf0510c77cab47f8b47ae3003bf929746ac",
        "type": "pubkey"
      }
    }
  ],
  "fee": "",
  "hex": "01000000010000000000000000000000000000000000000000000000000000000000000000ffffffff35049a0b224f023d012c4d4d3d3d464be3b2a5adc8a799a88064f9fcc796a3d1a283994ae1695b0bffc437d7638a0100000000000000ffffffff0100f2052a010000004341049c1357c147ad25c7f824bf5151830a9aa4b98f3e4eb9c33df922f5ef55f131a0473c3684dc51aaeab6a226910a7ad3aaf0510c77cab47f8b47ae3003bf929746ac00000000"
}