Transaction 9bf8853b3a823bbfa1e54017ae11a9e1f4d08a854dcce9f24e08114f2c921182

Block #501726

2017-12-30 12:55:20 +0000 UTC (~6 years, 7 months ago)

BTC Burned: 🔥12.5 BTC🔥

Inputs

Coinbase: 03dea707055a478cb801b80100006ea50000

Outputs

52534b424c4f434b3addbf517adf8ffd4bca7751505b39c9013a0d1fd479fc4e901b39dd57b347c624

2 3 [error] nonstandard

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": "9bf8853b3a823bbfa1e54017ae11a9e1f4d08a854dcce9f24e08114f2c921182",
  "hash": "9bf8853b3a823bbfa1e54017ae11a9e1f4d08a854dcce9f24e08114f2c921182",
  "version": 1,
  "size": 119,
  "vsize": 119,
  "weight": 476,
  "locktime": 0,
  "vin": [
    {
      "txid": "",
      "vout": 0,
      "scriptSig": {
        "asm": "",
        "hex": ""
      },
      "prevout": {
        "generated": false,
        "height": 0,
        "value": "",
        "scriptPubKey": {
          "asm": "",
          "desc": "",
          "hex": "",
          "type": ""
        }
      },
      "coinbase": "03dea707055a478cb801b80100006ea50000",
      "sequence": 4294967295
    }
  ],
  "vout": [
    {
      "value": "0.00000000",
      "n": 0,
      "scriptPubKey": {
        "asm": "2 3 [error]",
        "desc": "raw(52534b424c4f434b3addbf517adf8ffd4bca7751505b39c9013a0d1fd479fc4e901b39dd57b347c624)#f7fe3xp3",
        "hex": "52534b424c4f434b3addbf517adf8ffd4bca7751505b39c9013a0d1fd479fc4e901b39dd57b347c624",
        "type": "nonstandard"
      }
    }
  ],
  "fee": "",
  "hex": "01000000010000000000000000000000000000000000000000000000000000000000000000ffffffff1203dea707055a478cb801b80100006ea50000ffffffff0100000000000000002952534b424c4f434b3addbf517adf8ffd4bca7751505b39c9013a0d1fd479fc4e901b39dd57b347c62400000000"
}