Transaction 59be4041db6eb33e86329135cd9d6d1c870a8492f84eecb704984453237a45c7

Block #164106

2012-01-27 18:26:45 +0000 UTC (~14 years, 4 months ago)

BTC Burned: 🔥0.0012 BTC🔥

Inputs

Coinbase: 043fd40c1a029716122f503253482f42495031362f736c7573682f522cfabe6d6da4518731b619acbb940b41798e85ac868c96c4de7d7c8dca15cbffc6ba83de1d0100000000000000

Outputs

4104fe7ea7120f7742a18399e9fbac819a51b7939a63505791e67b8141504646370d80416c4bf0bed72ae6c27c7fb6942e0e777c6a51fd1cddc2ab9703a8ff5875ceac

04fe7ea7120f7742a18399e9fbac819a51b7939a63505791e67b8141504646370d80416c4bf0bed72ae6c27c7fb6942e0e777c6a51fd1cddc2ab9703a8ff5875ce 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": "59be4041db6eb33e86329135cd9d6d1c870a8492f84eecb704984453237a45c7",
  "hash": "59be4041db6eb33e86329135cd9d6d1c870a8492f84eecb704984453237a45c7",
  "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": "043fd40c1a029716122f503253482f42495031362f736c7573682f522cfabe6d6da4518731b619acbb940b41798e85ac868c96c4de7d7c8dca15cbffc6ba83de1d0100000000000000",
      "sequence": 4294967295
    }
  ],
  "vout": [
    {
      "value": "50.00000000",
      "n": 0,
      "scriptPubKey": {
        "asm": "04fe7ea7120f7742a18399e9fbac819a51b7939a63505791e67b8141504646370d80416c4bf0bed72ae6c27c7fb6942e0e777c6a51fd1cddc2ab9703a8ff5875ce OP_CHECKSIG",
        "desc": "pk(04fe7ea7120f7742a18399e9fbac819a51b7939a63505791e67b8141504646370d80416c4bf0bed72ae6c27c7fb6942e0e777c6a51fd1cddc2ab9703a8ff5875ce)#j2p7dfky",
        "hex": "4104fe7ea7120f7742a18399e9fbac819a51b7939a63505791e67b8141504646370d80416c4bf0bed72ae6c27c7fb6942e0e777c6a51fd1cddc2ab9703a8ff5875ceac",
        "type": "pubkey"
      }
    }
  ],
  "fee": "",
  "hex": "01000000010000000000000000000000000000000000000000000000000000000000000000ffffffff49043fd40c1a029716122f503253482f42495031362f736c7573682f522cfabe6d6da4518731b619acbb940b41798e85ac868c96c4de7d7c8dca15cbffc6ba83de1d0100000000000000ffffffff0100f2052a01000000434104fe7ea7120f7742a18399e9fbac819a51b7939a63505791e67b8141504646370d80416c4bf0bed72ae6c27c7fb6942e0e777c6a51fd1cddc2ab9703a8ff5875ceac00000000"
}