Transaction 85fd2ac4474bc89a1c2823ed8394d15cc132714339e61027797b734d0929ae7d

Block #196812

2012-09-02 05:42:27 +0000 UTC (~11 years, 11 months ago)

BTC Burned: 🔥0.0005 BTC🔥


Inputs

Coinbase: 055042f1b503fabe6d6de8bb374737b9c7cddbfc29205d5090739154277909c88092fb1db5cc2ad7dbfc01000000000000000045636c697073654d433a20526f6c6c2031443320466f72205361766500

Coinbase converted to ASCII PB���mm�7G7�����) ]P�s�T'y Ȁ����*�����������EclipseMC: Roll 1D3 For Save�

Outputs
1Baf75Ferj6A7AoN565gCQj9kGWbDMHfN9
50.0724 BTC
now $3,108,584.72
50.0724 BTC
OP_DUP OP_HASH160 740ecaf436d5867903c722d783fc994c25a29b15 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": "85fd2ac4474bc89a1c2823ed8394d15cc132714339e61027797b734d0929ae7d",
  "hash": "85fd2ac4474bc89a1c2823ed8394d15cc132714339e61027797b734d0929ae7d",
  "version": 1,
  "size": 165,
  "vsize": 165,
  "weight": 660,
  "locktime": 0,
  "vin": [
    {
      "txid": "",
      "vout": 0,
      "scriptSig": {
        "asm": "",
        "hex": ""
      },
      "prevout": {
        "generated": false,
        "height": 0,
        "value": "",
        "scriptPubKey": {
          "asm": "",
          "desc": "",
          "hex": "",
          "type": ""
        }
      },
      "coinbase": "055042f1b503fabe6d6de8bb374737b9c7cddbfc29205d5090739154277909c88092fb1db5cc2ad7dbfc01000000000000000045636c697073654d433a20526f6c6c2031443320466f72205361766500",
      "sequence": 4294967295
    }
  ],
  "vout": [
    {
      "value": "50.07240000",
      "n": 0,
      "scriptPubKey": {
        "asm": "OP_DUP OP_HASH160 740ecaf436d5867903c722d783fc994c25a29b15 OP_EQUALVERIFY OP_CHECKSIG",
        "desc": "addr(1Baf75Ferj6A7AoN565gCQj9kGWbDMHfN9)#r22xazmu",
        "hex": "76a914740ecaf436d5867903c722d783fc994c25a29b1588ac",
        "address": "1Baf75Ferj6A7AoN565gCQj9kGWbDMHfN9",
        "type": "pubkeyhash"
      }
    }
  ],
  "fee": "",
  "hex": "01000000010000000000000000000000000000000000000000000000000000000000000000ffffffff50055042f1b503fabe6d6de8bb374737b9c7cddbfc29205d5090739154277909c88092fb1db5cc2ad7dbfc01000000000000000045636c697073654d433a20526f6c6c2031443320466f72205361766500ffffffff01406b742a010000001976a914740ecaf436d5867903c722d783fc994c25a29b1588ac00000000"
}