Transaction 1559f58144e9c85abf80b4ed734278e4b2ec95090e68e370900d99c46772dd09

Block #163588

2012-01-24 01:10:47 +0000 UTC (~14 years, 5 months ago)

BTC Burned: 🔥0.0531 BTC🔥

Inputs

Coinbase: 04eb041e4f014c2c4d4d3d3d09f366b52a79416ba1a9943ad6f8ddfaa5b69f5fe60d9ac2998bd1b9c801e2d50100000000000000062f503253482f

Outputs

2103ccce47e1b8384377a2d66e4396cd33ea9f0a94f5b2c404e9477e8698000b3494ac

03ccce47e1b8384377a2d66e4396cd33ea9f0a94f5b2c404e9477e8698000b3494 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": "1559f58144e9c85abf80b4ed734278e4b2ec95090e68e370900d99c46772dd09",
  "hash": "1559f58144e9c85abf80b4ed734278e4b2ec95090e68e370900d99c46772dd09",
  "version": 1,
  "size": 154,
  "vsize": 154,
  "weight": 616,
  "locktime": 0,
  "vin": [
    {
      "txid": "",
      "vout": 0,
      "scriptSig": {
        "asm": "",
        "hex": ""
      },
      "prevout": {
        "generated": false,
        "height": 0,
        "value": "",
        "scriptPubKey": {
          "asm": "",
          "desc": "",
          "hex": "",
          "type": ""
        }
      },
      "coinbase": "04eb041e4f014c2c4d4d3d3d09f366b52a79416ba1a9943ad6f8ddfaa5b69f5fe60d9ac2998bd1b9c801e2d50100000000000000062f503253482f",
      "sequence": 4294967295
    }
  ],
  "vout": [
    {
      "value": "50.00000000",
      "n": 0,
      "scriptPubKey": {
        "asm": "03ccce47e1b8384377a2d66e4396cd33ea9f0a94f5b2c404e9477e8698000b3494 OP_CHECKSIG",
        "desc": "pk(03ccce47e1b8384377a2d66e4396cd33ea9f0a94f5b2c404e9477e8698000b3494)#63uvf0tm",
        "hex": "2103ccce47e1b8384377a2d66e4396cd33ea9f0a94f5b2c404e9477e8698000b3494ac",
        "type": "pubkey"
      }
    }
  ],
  "fee": "",
  "hex": "01000000010000000000000000000000000000000000000000000000000000000000000000ffffffff3b04eb041e4f014c2c4d4d3d3d09f366b52a79416ba1a9943ad6f8ddfaa5b69f5fe60d9ac2998bd1b9c801e2d50100000000000000062f503253482fffffffff0100f2052a01000000232103ccce47e1b8384377a2d66e4396cd33ea9f0a94f5b2c404e9477e8698000b3494ac00000000"
}