Transaction 3fd31daa0af3ab0d5188b350df09169aff658afeb684f8cd27a0642170e92e16

Block #193948

2012-08-15 02:05:21 +0000 UTC (~12 years, 17 days ago)

BTC Burned: 🔥0.0005 BTC🔥

Inputs

Coinbase: 06502b03da0c07fabe6d6d82f7cd13afe34b67d6d7e3cd1f0b7e1f9a2787f23ab69166da66ffb04f625b5301000000000000000045636c697073654d433a20416c756d696e756d2046616c636f6e73203100

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": "3fd31daa0af3ab0d5188b350df09169aff658afeb684f8cd27a0642170e92e16",
  "hash": "3fd31daa0af3ab0d5188b350df09169aff658afeb684f8cd27a0642170e92e16",
  "version": 1,
  "size": 167,
  "vsize": 167,
  "weight": 668,
  "locktime": 0,
  "vin": [
    {
      "txid": "",
      "vout": 0,
      "scriptSig": {
        "asm": "",
        "hex": ""
      },
      "prevout": {
        "generated": false,
        "height": 0,
        "value": "",
        "scriptPubKey": {
          "asm": "",
          "desc": "",
          "hex": "",
          "type": ""
        }
      },
      "coinbase": "06502b03da0c07fabe6d6d82f7cd13afe34b67d6d7e3cd1f0b7e1f9a2787f23ab69166da66ffb04f625b5301000000000000000045636c697073654d433a20416c756d696e756d2046616c636f6e73203100",
      "sequence": 4294967295
    }
  ],
  "vout": [
    {
      "value": "50.11860000",
      "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": "01000000010000000000000000000000000000000000000000000000000000000000000000ffffffff5206502b03da0c07fabe6d6d82f7cd13afe34b67d6d7e3cd1f0b7e1f9a2787f23ab69166da66ffb04f625b5301000000000000000045636c697073654d433a20416c756d696e756d2046616c636f6e73203100ffffffff0120eaba2a010000001976a914740ecaf436d5867903c722d783fc994c25a29b1588ac00000000"
}