Transaction 953ac338fdd07a3150d977fd4b02b3489b002565f405ff7727f9626147b7fd3c

Block #169670

2012-03-04 23:58:04 +0000 UTC (~14 years, 3 months ago)

BTC Burned: 🔥0.0091 BTC🔥


Inputs

Coinbase: 048c01544f027f06062f503253482f

Coinbase converted to ASCII �TO/P2SH/

Outputs
2102b9479c8e97c586fa61c3c143c49dc6e9722faa2887d15039e9e3fb4c9261b070ac
50 BTC
now $3,735,890.00
50 BTC
02b9479c8e97c586fa61c3c143c49dc6e9722faa2887d15039e9e3fb4c9261b070 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": "953ac338fdd07a3150d977fd4b02b3489b002565f405ff7727f9626147b7fd3c",
  "hash": "953ac338fdd07a3150d977fd4b02b3489b002565f405ff7727f9626147b7fd3c",
  "version": 1,
  "size": 110,
  "vsize": 110,
  "weight": 440,
  "locktime": 0,
  "vin": [
    {
      "txid": "",
      "vout": 0,
      "scriptSig": {
        "asm": "",
        "hex": ""
      },
      "prevout": {
        "generated": false,
        "height": 0,
        "value": "",
        "scriptPubKey": {
          "asm": "",
          "desc": "",
          "hex": "",
          "type": ""
        }
      },
      "coinbase": "048c01544f027f06062f503253482f",
      "sequence": 4294967295
    }
  ],
  "vout": [
    {
      "value": "50.00000000",
      "n": 0,
      "scriptPubKey": {
        "asm": "02b9479c8e97c586fa61c3c143c49dc6e9722faa2887d15039e9e3fb4c9261b070 OP_CHECKSIG",
        "desc": "pk(02b9479c8e97c586fa61c3c143c49dc6e9722faa2887d15039e9e3fb4c9261b070)#d5q2khh7",
        "hex": "2102b9479c8e97c586fa61c3c143c49dc6e9722faa2887d15039e9e3fb4c9261b070ac",
        "type": "pubkey"
      }
    }
  ],
  "fee": "",
  "hex": "01000000010000000000000000000000000000000000000000000000000000000000000000ffffffff0f048c01544f027f06062f503253482fffffffff0100f2052a01000000232102b9479c8e97c586fa61c3c143c49dc6e9722faa2887d15039e9e3fb4c9261b070ac00000000"
}