Transaction 719b7474f16b7ffd1c02d43669dc5c4dc7bd75229ecf462b8988d36a77f64409

Block #163985

2012-01-26 21:38:20 +0000 UTC (~13 years, 7 months ago)

BTC Burned: 🔥0.31352898 BTC🔥

Inputs

Coinbase: 0f65636f40627463736572762e6e657404ccc7214f021f012cfabe6d6dacf39fc8512a0b7b38367406864fe729abb58c1a64c8caedb666e082289ae46c0100000000000000

Outputs

1HauZrib4ZsacSYvsj5QbeMV5PCbZNX5Qi

OP_DUP OP_HASH160 b5eb9e9d3aa873a4c113be1e2b62fd5ebfcf1fe1 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": "719b7474f16b7ffd1c02d43669dc5c4dc7bd75229ecf462b8988d36a77f64409",
  "hash": "719b7474f16b7ffd1c02d43669dc5c4dc7bd75229ecf462b8988d36a77f64409",
  "version": 1,
  "size": 154,
  "vsize": 154,
  "weight": 616,
  "locktime": 0,
  "vin": [
    {
      "txid": "",
      "vout": 0,
      "scriptSig": {
        "asm": "",
        "hex": ""
      },
      "prevout": {
        "generated": false,
        "height": 0,
        "value": "",
        "scriptPubKey": {
          "asm": "",
          "desc": "",
          "hex": "",
          "type": ""
        }
      },
      "coinbase": "0f65636f40627463736572762e6e657404ccc7214f021f012cfabe6d6dacf39fc8512a0b7b38367406864fe729abb58c1a64c8caedb666e082289ae46c0100000000000000",
      "sequence": 4294967295
    }
  ],
  "vout": [
    {
      "value": "50.00000000",
      "n": 0,
      "scriptPubKey": {
        "asm": "OP_DUP OP_HASH160 b5eb9e9d3aa873a4c113be1e2b62fd5ebfcf1fe1 OP_EQUALVERIFY OP_CHECKSIG",
        "desc": "addr(1HauZrib4ZsacSYvsj5QbeMV5PCbZNX5Qi)#tzd5qa2h",
        "hex": "76a914b5eb9e9d3aa873a4c113be1e2b62fd5ebfcf1fe188ac",
        "address": "1HauZrib4ZsacSYvsj5QbeMV5PCbZNX5Qi",
        "type": "pubkeyhash"
      }
    }
  ],
  "fee": "",
  "hex": "01000000010000000000000000000000000000000000000000000000000000000000000000ffffffff450f65636f40627463736572762e6e657404ccc7214f021f012cfabe6d6dacf39fc8512a0b7b38367406864fe729abb58c1a64c8caedb666e082289ae46c0100000000000000ffffffff0100f2052a010000001976a914b5eb9e9d3aa873a4c113be1e2b62fd5ebfcf1fe188ac00000000"
}