Transaction 64295cfd2e0b0d3bba7724025d4ba108c47d3d8470e1beaf40b9f85630773b71

Block #163714

2012-01-24 22:40:15 +0000 UTC (~14 years, 5 months ago)

BTC Burned: 🔥0.005 BTC🔥

Inputs

Coinbase: 044f331f4f010b2c4d4d3d3d2afaa4a18769719b9b3b0ee4c7dd834ecc119404eae7b2adf7e1b7287131f7f20100000000000000

Outputs

21024c7fa48ef932bdc7baf7c490cdbc3b4ed0e5de47d25067953a70fc3e8d437db3ac

024c7fa48ef932bdc7baf7c490cdbc3b4ed0e5de47d25067953a70fc3e8d437db3 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": "64295cfd2e0b0d3bba7724025d4ba108c47d3d8470e1beaf40b9f85630773b71",
  "hash": "64295cfd2e0b0d3bba7724025d4ba108c47d3d8470e1beaf40b9f85630773b71",
  "version": 1,
  "size": 147,
  "vsize": 147,
  "weight": 588,
  "locktime": 0,
  "vin": [
    {
      "txid": "",
      "vout": 0,
      "scriptSig": {
        "asm": "",
        "hex": ""
      },
      "prevout": {
        "generated": false,
        "height": 0,
        "value": "",
        "scriptPubKey": {
          "asm": "",
          "desc": "",
          "hex": "",
          "type": ""
        }
      },
      "coinbase": "044f331f4f010b2c4d4d3d3d2afaa4a18769719b9b3b0ee4c7dd834ecc119404eae7b2adf7e1b7287131f7f20100000000000000",
      "sequence": 4294967295
    }
  ],
  "vout": [
    {
      "value": "50.00000000",
      "n": 0,
      "scriptPubKey": {
        "asm": "024c7fa48ef932bdc7baf7c490cdbc3b4ed0e5de47d25067953a70fc3e8d437db3 OP_CHECKSIG",
        "desc": "pk(024c7fa48ef932bdc7baf7c490cdbc3b4ed0e5de47d25067953a70fc3e8d437db3)#gt68w4zk",
        "hex": "21024c7fa48ef932bdc7baf7c490cdbc3b4ed0e5de47d25067953a70fc3e8d437db3ac",
        "type": "pubkey"
      }
    }
  ],
  "fee": "",
  "hex": "01000000010000000000000000000000000000000000000000000000000000000000000000ffffffff34044f331f4f010b2c4d4d3d3d2afaa4a18769719b9b3b0ee4c7dd834ecc119404eae7b2adf7e1b7287131f7f20100000000000000ffffffff0100f2052a010000002321024c7fa48ef932bdc7baf7c490cdbc3b4ed0e5de47d25067953a70fc3e8d437db3ac00000000"
}