Transaction 8b719decbcbf0b53e83384ed6551c7c9ccd11002e7896d722227d0d9f74a4a20

Block #163628

2012-01-24 08:55:27 +0000 UTC (~14 years, 5 months ago)

BTC Burned: 🔥0.02508784 BTC🔥

Inputs

Coinbase: 04ff711e4f02fa002c4d4d3d3d55c8ece96e3f1568a47a327261d06de9c9bb9d74e619cdc132da3bb2d3eb98e10100000000000000062f503253482f

Outputs

4104633f75d57cae0648100fcf24398bc0c4882ccd88e71a775319d7614306b47111f3ff272a1bf2850641b232abfc9606c7ca11b243d9b9fb6daf528222751ea5ebac

04633f75d57cae0648100fcf24398bc0c4882ccd88e71a775319d7614306b47111f3ff272a1bf2850641b232abfc9606c7ca11b243d9b9fb6daf528222751ea5eb 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": "8b719decbcbf0b53e83384ed6551c7c9ccd11002e7896d722227d0d9f74a4a20",
  "hash": "8b719decbcbf0b53e83384ed6551c7c9ccd11002e7896d722227d0d9f74a4a20",
  "version": 1,
  "size": 187,
  "vsize": 187,
  "weight": 748,
  "locktime": 0,
  "vin": [
    {
      "txid": "",
      "vout": 0,
      "scriptSig": {
        "asm": "",
        "hex": ""
      },
      "prevout": {
        "generated": false,
        "height": 0,
        "value": "",
        "scriptPubKey": {
          "asm": "",
          "desc": "",
          "hex": "",
          "type": ""
        }
      },
      "coinbase": "04ff711e4f02fa002c4d4d3d3d55c8ece96e3f1568a47a327261d06de9c9bb9d74e619cdc132da3bb2d3eb98e10100000000000000062f503253482f",
      "sequence": 4294967295
    }
  ],
  "vout": [
    {
      "value": "50.00000000",
      "n": 0,
      "scriptPubKey": {
        "asm": "04633f75d57cae0648100fcf24398bc0c4882ccd88e71a775319d7614306b47111f3ff272a1bf2850641b232abfc9606c7ca11b243d9b9fb6daf528222751ea5eb OP_CHECKSIG",
        "desc": "pk(04633f75d57cae0648100fcf24398bc0c4882ccd88e71a775319d7614306b47111f3ff272a1bf2850641b232abfc9606c7ca11b243d9b9fb6daf528222751ea5eb)#tkjqyatd",
        "hex": "4104633f75d57cae0648100fcf24398bc0c4882ccd88e71a775319d7614306b47111f3ff272a1bf2850641b232abfc9606c7ca11b243d9b9fb6daf528222751ea5ebac",
        "type": "pubkey"
      }
    }
  ],
  "fee": "",
  "hex": "01000000010000000000000000000000000000000000000000000000000000000000000000ffffffff3c04ff711e4f02fa002c4d4d3d3d55c8ece96e3f1568a47a327261d06de9c9bb9d74e619cdc132da3bb2d3eb98e10100000000000000062f503253482fffffffff0100f2052a01000000434104633f75d57cae0648100fcf24398bc0c4882ccd88e71a775319d7614306b47111f3ff272a1bf2850641b232abfc9606c7ca11b243d9b9fb6daf528222751ea5ebac00000000"
}