Transaction 34b7053cca9ad45b0d9014c13c5d58d237902a5c3f431475f2546a3dec05fbee

Block #163979

2012-01-26 20:11:43 +0000 UTC (~14 years, 5 months ago)

BTC Burned: 🔥0.014 BTC🔥

Inputs

Coinbase: 043fd40c1a02bd3a122f503253482f42495031362f736c7573682f522cfabe6d6df2b045b524f2873db791770e43309c4818b2a754fa3c6df68d15b5f25c67ffd20100000000000000

Outputs

41043ed79e288b2a14aac1497c473063574d5464244d600516e35bad0b51d379e3388ff3675ad67a4e1ecec7e63b45e9c7196459244234842bd5e91d1adb5ea04c15ac

043ed79e288b2a14aac1497c473063574d5464244d600516e35bad0b51d379e3388ff3675ad67a4e1ecec7e63b45e9c7196459244234842bd5e91d1adb5ea04c15 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": "34b7053cca9ad45b0d9014c13c5d58d237902a5c3f431475f2546a3dec05fbee",
  "hash": "34b7053cca9ad45b0d9014c13c5d58d237902a5c3f431475f2546a3dec05fbee",
  "version": 1,
  "size": 200,
  "vsize": 200,
  "weight": 800,
  "locktime": 0,
  "vin": [
    {
      "txid": "",
      "vout": 0,
      "scriptSig": {
        "asm": "",
        "hex": ""
      },
      "prevout": {
        "generated": false,
        "height": 0,
        "value": "",
        "scriptPubKey": {
          "asm": "",
          "desc": "",
          "hex": "",
          "type": ""
        }
      },
      "coinbase": "043fd40c1a02bd3a122f503253482f42495031362f736c7573682f522cfabe6d6df2b045b524f2873db791770e43309c4818b2a754fa3c6df68d15b5f25c67ffd20100000000000000",
      "sequence": 4294967295
    }
  ],
  "vout": [
    {
      "value": "50.00000000",
      "n": 0,
      "scriptPubKey": {
        "asm": "043ed79e288b2a14aac1497c473063574d5464244d600516e35bad0b51d379e3388ff3675ad67a4e1ecec7e63b45e9c7196459244234842bd5e91d1adb5ea04c15 OP_CHECKSIG",
        "desc": "pk(043ed79e288b2a14aac1497c473063574d5464244d600516e35bad0b51d379e3388ff3675ad67a4e1ecec7e63b45e9c7196459244234842bd5e91d1adb5ea04c15)#86wx2qyz",
        "hex": "41043ed79e288b2a14aac1497c473063574d5464244d600516e35bad0b51d379e3388ff3675ad67a4e1ecec7e63b45e9c7196459244234842bd5e91d1adb5ea04c15ac",
        "type": "pubkey"
      }
    }
  ],
  "fee": "",
  "hex": "01000000010000000000000000000000000000000000000000000000000000000000000000ffffffff49043fd40c1a02bd3a122f503253482f42495031362f736c7573682f522cfabe6d6df2b045b524f2873db791770e43309c4818b2a754fa3c6df68d15b5f25c67ffd20100000000000000ffffffff0100f2052a010000004341043ed79e288b2a14aac1497c473063574d5464244d600516e35bad0b51d379e3388ff3675ad67a4e1ecec7e63b45e9c7196459244234842bd5e91d1adb5ea04c15ac00000000"
}