Transaction 8e940d4dac1731c65b388c565b2bb9f26cd9dddca85e136864863e586ec48979

Block #225508

2013-03-12 15:49:26 +0000 UTC (~11 years, 5 months ago)

BTC Burned: 🔥0.001 BTC🔥

Inputs

Coinbase: 03e4700306513f4e7d0f3a

Outputs

1Bb7wNkuFXZyZst8Rd7Z2hr3tdhvv3qEaX

OP_DUP OP_HASH160 7425311186d91412512d7bc2f7aa4f545a507161 OP_EQUALVERIFY OP_CHECKSIG pubkeyhash

1Bb7wNkuFXZyZst8Rd7Z2hr3tdhvv3qEaX

OP_DUP OP_HASH160 7425311186d91412512d7bc2f7aa4f545a507161 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": "8e940d4dac1731c65b388c565b2bb9f26cd9dddca85e136864863e586ec48979",
  "hash": "8e940d4dac1731c65b388c565b2bb9f26cd9dddca85e136864863e586ec48979",
  "version": 1,
  "size": 130,
  "vsize": 130,
  "weight": 520,
  "locktime": 0,
  "vin": [
    {
      "txid": "",
      "vout": 0,
      "scriptSig": {
        "asm": "",
        "hex": ""
      },
      "prevout": {
        "generated": false,
        "height": 0,
        "value": "",
        "scriptPubKey": {
          "asm": "",
          "desc": "",
          "hex": "",
          "type": ""
        }
      },
      "coinbase": "03e4700306513f4e7d0f3a",
      "sequence": 4294967295
    }
  ],
  "vout": [
    {
      "value": "0.00250170",
      "n": 0,
      "scriptPubKey": {
        "asm": "OP_DUP OP_HASH160 7425311186d91412512d7bc2f7aa4f545a507161 OP_EQUALVERIFY OP_CHECKSIG",
        "desc": "addr(1Bb7wNkuFXZyZst8Rd7Z2hr3tdhvv3qEaX)#gwsetpdm",
        "hex": "76a9147425311186d91412512d7bc2f7aa4f545a50716188ac",
        "address": "1Bb7wNkuFXZyZst8Rd7Z2hr3tdhvv3qEaX",
        "type": "pubkeyhash"
      }
    },
    {
      "value": "25.01449830",
      "n": 1,
      "scriptPubKey": {
        "asm": "OP_DUP OP_HASH160 7425311186d91412512d7bc2f7aa4f545a507161 OP_EQUALVERIFY OP_CHECKSIG",
        "desc": "addr(1Bb7wNkuFXZyZst8Rd7Z2hr3tdhvv3qEaX)#gwsetpdm",
        "hex": "76a9147425311186d91412512d7bc2f7aa4f545a50716188ac",
        "address": "1Bb7wNkuFXZyZst8Rd7Z2hr3tdhvv3qEaX",
        "type": "pubkeyhash"
      }
    }
  ],
  "fee": "",
  "hex": "01000000010000000000000000000000000000000000000000000000000000000000000000ffffffff0b03e4700306513f4e7d0f3affffffff023ad10300000000001976a9147425311186d91412512d7bc2f7aa4f545a50716188ac66181995000000001976a9147425311186d91412512d7bc2f7aa4f545a50716188ac00000000"
}