Transaction 860ae7a34909df36b2033ebec38c8481e20b095f9c2756a44470a1e3a8216cbc

Block #164295

2012-01-29 00:27:06 +0000 UTC (~14 years, 5 months ago)

BTC Burned: 🔥0.028 BTC🔥

Inputs

Coinbase: 70736a043fd40c1a0492dd3301522cfabe6d6d18881d174821f07bef00504b4a584646f01a4a6109f6ef9fd383979ee5f80084040000000100000057652077696c6c2035312520426974636f696e21ac1eeeed88

Outputs

12dQiBWXhBGGpFU3p9D5QSXY36oTT3NW9S

OP_DUP OP_HASH160 11dae47d47aa9e6ea302556b5a6312e7f4806290 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": "860ae7a34909df36b2033ebec38c8481e20b095f9c2756a44470a1e3a8216cbc",
  "hash": "860ae7a34909df36b2033ebec38c8481e20b095f9c2756a44470a1e3a8216cbc",
  "version": 1,
  "size": 169,
  "vsize": 169,
  "weight": 676,
  "locktime": 0,
  "vin": [
    {
      "txid": "",
      "vout": 0,
      "scriptSig": {
        "asm": "",
        "hex": ""
      },
      "prevout": {
        "generated": false,
        "height": 0,
        "value": "",
        "scriptPubKey": {
          "asm": "",
          "desc": "",
          "hex": "",
          "type": ""
        }
      },
      "coinbase": "70736a043fd40c1a0492dd3301522cfabe6d6d18881d174821f07bef00504b4a584646f01a4a6109f6ef9fd383979ee5f80084040000000100000057652077696c6c2035312520426974636f696e21ac1eeeed88",
      "sequence": 4294967295
    }
  ],
  "vout": [
    {
      "value": "50.00000000",
      "n": 0,
      "scriptPubKey": {
        "asm": "OP_DUP OP_HASH160 11dae47d47aa9e6ea302556b5a6312e7f4806290 OP_EQUALVERIFY OP_CHECKSIG",
        "desc": "addr(12dQiBWXhBGGpFU3p9D5QSXY36oTT3NW9S)#8u9k74q7",
        "hex": "76a91411dae47d47aa9e6ea302556b5a6312e7f480629088ac",
        "address": "12dQiBWXhBGGpFU3p9D5QSXY36oTT3NW9S",
        "type": "pubkeyhash"
      }
    }
  ],
  "fee": "",
  "hex": "01000000010000000000000000000000000000000000000000000000000000000000000000ffffffff5470736a043fd40c1a0492dd3301522cfabe6d6d18881d174821f07bef00504b4a584646f01a4a6109f6ef9fd383979ee5f80084040000000100000057652077696c6c2035312520426974636f696e21ac1eeeed88ffffffff0100f2052a010000001976a91411dae47d47aa9e6ea302556b5a6312e7f480629088ac00000000"
}