Transaction 20037c172355e2f58b89882b225d93ef5e6d34b287c1480225afbe0127065862

Block #198331

2012-09-11 17:21:23 +0000 UTC (~11 years, 11 months ago)

BTC Burned: 🔥0.0005 BTC🔥

Inputs

Coinbase: 06504f72f30a78fabe6d6d9d445a189c8fc12f9a27b14c015f79e54cac6a9fd60d00a4a4e2ae899797513c01000000000000000045636c697073654d433a20526f6c6c2031443220466f72205361766500

Outputs

1Baf75Ferj6A7AoN565gCQj9kGWbDMHfN9

OP_DUP OP_HASH160 740ecaf436d5867903c722d783fc994c25a29b15 OP_EQUALVERIFY OP_CHECKSIG pubkeyhash

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": "20037c172355e2f58b89882b225d93ef5e6d34b287c1480225afbe0127065862",
  "hash": "20037c172355e2f58b89882b225d93ef5e6d34b287c1480225afbe0127065862",
  "version": 1,
  "size": 166,
  "vsize": 166,
  "weight": 664,
  "locktime": 0,
  "vin": [
    {
      "txid": "",
      "vout": 0,
      "scriptSig": {
        "asm": "",
        "hex": ""
      },
      "prevout": {
        "generated": false,
        "height": 0,
        "value": "",
        "scriptPubKey": {
          "asm": "",
          "desc": "",
          "hex": "",
          "type": ""
        }
      },
      "coinbase": "06504f72f30a78fabe6d6d9d445a189c8fc12f9a27b14c015f79e54cac6a9fd60d00a4a4e2ae899797513c01000000000000000045636c697073654d433a20526f6c6c2031443220466f72205361766500",
      "sequence": 4294967295
    }
  ],
  "vout": [
    {
      "value": "50.34536500",
      "n": 0,
      "scriptPubKey": {
        "asm": "OP_DUP OP_HASH160 740ecaf436d5867903c722d783fc994c25a29b15 OP_EQUALVERIFY OP_CHECKSIG",
        "desc": "addr(1Baf75Ferj6A7AoN565gCQj9kGWbDMHfN9)#r22xazmu",
        "hex": "76a914740ecaf436d5867903c722d783fc994c25a29b1588ac",
        "address": "1Baf75Ferj6A7AoN565gCQj9kGWbDMHfN9",
        "type": "pubkeyhash"
      }
    }
  ],
  "fee": "",
  "hex": "01000000010000000000000000000000000000000000000000000000000000000000000000ffffffff5106504f72f30a78fabe6d6d9d445a189c8fc12f9a27b14c015f79e54cac6a9fd60d00a4a4e2ae899797513c01000000000000000045636c697073654d433a20526f6c6c2031443220466f72205361766500ffffffff0134ee142c010000001976a914740ecaf436d5867903c722d783fc994c25a29b1588ac00000000"
}