Transaction 4d1fcebb5112381e348c63dc90e3cc05cd9ad18f541163cb290a8522ab419ef2

Block #220110

2013-02-07 22:11:57 +0000 UTC (~11 years, 6 months ago)

BTC Burned: 🔥0.0005 BTC🔥

Inputs

Coinbase: 03ce5b03065114268a06c290fd0a030000000000000001

Outputs

1BfjKb16rr88WitiZT1Tsb8p2Bt8VUdsbd

OP_DUP OP_HASH160 75046447c88a488b76764b84e2f35e2fefffb77a 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": "4d1fcebb5112381e348c63dc90e3cc05cd9ad18f541163cb290a8522ab419ef2",
  "hash": "4d1fcebb5112381e348c63dc90e3cc05cd9ad18f541163cb290a8522ab419ef2",
  "version": 1,
  "size": 108,
  "vsize": 108,
  "weight": 432,
  "locktime": 0,
  "vin": [
    {
      "txid": "",
      "vout": 0,
      "scriptSig": {
        "asm": "",
        "hex": ""
      },
      "prevout": {
        "generated": false,
        "height": 0,
        "value": "",
        "scriptPubKey": {
          "asm": "",
          "desc": "",
          "hex": "",
          "type": ""
        }
      },
      "coinbase": "03ce5b03065114268a06c290fd0a030000000000000001",
      "sequence": 4294967295
    }
  ],
  "vout": [
    {
      "value": "25.40210000",
      "n": 0,
      "scriptPubKey": {
        "asm": "OP_DUP OP_HASH160 75046447c88a488b76764b84e2f35e2fefffb77a OP_EQUALVERIFY OP_CHECKSIG",
        "desc": "addr(1BfjKb16rr88WitiZT1Tsb8p2Bt8VUdsbd)#nh4dxycc",
        "hex": "76a91475046447c88a488b76764b84e2f35e2fefffb77a88ac",
        "address": "1BfjKb16rr88WitiZT1Tsb8p2Bt8VUdsbd",
        "type": "pubkeyhash"
      }
    }
  ],
  "fee": "",
  "hex": "01000000010000000000000000000000000000000000000000000000000000000000000000ffffffff1703ce5b03065114268a06c290fd0a030000000000000001ffffffff0150876897000000001976a91475046447c88a488b76764b84e2f35e2fefffb77a88ac00000000"
}