Transaction 53c24a98e9fb43c0744abd9cf0b08ab921a09722a7fc4b9c10386d8558987c03

Block #233700

2013-04-29 07:19:17 +0000 UTC (~11 years, 4 months ago)

BTC Burned: 🔥0.0012 BTC🔥

Inputs

Coinbase: 03e4900305517e1ef501fabe6d6d1bf2a634cc3918733e60603c5db775b2b955f84da04a8988433f2af4145d88730400000000000000556d0700

Outputs

1L9FE9cgwJnvVs8ZUHrorAmwF7HDrKrP8r

OP_DUP OP_HASH160 d1f997eb7159ef87dbf3218090cfa947bdb922f9 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": "53c24a98e9fb43c0744abd9cf0b08ab921a09722a7fc4b9c10386d8558987c03",
  "hash": "53c24a98e9fb43c0744abd9cf0b08ab921a09722a7fc4b9c10386d8558987c03",
  "version": 1,
  "size": 143,
  "vsize": 143,
  "weight": 572,
  "locktime": 0,
  "vin": [
    {
      "txid": "",
      "vout": 0,
      "scriptSig": {
        "asm": "",
        "hex": ""
      },
      "prevout": {
        "generated": false,
        "height": 0,
        "value": "",
        "scriptPubKey": {
          "asm": "",
          "desc": "",
          "hex": "",
          "type": ""
        }
      },
      "coinbase": "03e4900305517e1ef501fabe6d6d1bf2a634cc3918733e60603c5db775b2b955f84da04a8988433f2af4145d88730400000000000000556d0700",
      "sequence": 4294967295
    }
  ],
  "vout": [
    {
      "value": "25.15690000",
      "n": 0,
      "scriptPubKey": {
        "asm": "OP_DUP OP_HASH160 d1f997eb7159ef87dbf3218090cfa947bdb922f9 OP_EQUALVERIFY OP_CHECKSIG",
        "desc": "addr(1L9FE9cgwJnvVs8ZUHrorAmwF7HDrKrP8r)#8p8gn8rz",
        "hex": "76a914d1f997eb7159ef87dbf3218090cfa947bdb922f988ac",
        "address": "1L9FE9cgwJnvVs8ZUHrorAmwF7HDrKrP8r",
        "type": "pubkeyhash"
      }
    }
  ],
  "fee": "",
  "hex": "01000000010000000000000000000000000000000000000000000000000000000000000000ffffffff3a03e4900305517e1ef501fabe6d6d1bf2a634cc3918733e60603c5db775b2b955f84da04a8988433f2af4145d88730400000000000000556d0700ffffffff011062f295000000001976a914d1f997eb7159ef87dbf3218090cfa947bdb922f988ac00000000"
}