Transaction bae8ae74f97365f41ccd2b71653042113fe5193b29971daf4bc8db18e222490e

Block #164165

2012-01-28 03:41:26 +0000 UTC (~14 years, 4 months ago)

BTC Burned: 🔥0.031 BTC🔥

Inputs

Coinbase: 043fd40c1a03fd4f01122f503253482f42495031362f736c7573682f522cfabe6d6d22cedea17e24228ea9c5ddbc0f4876fbe00a9bd173743d2e3841854ff62398b60100000000000000

Outputs

4104f7e866470d0f421c017d52a691f96bd4d0a2ca10529afc63d780808cf25e7343380c69a4a4623b5b371d2320f3b32af9782063d447c2c30ecf50e36bbd213003ac

04f7e866470d0f421c017d52a691f96bd4d0a2ca10529afc63d780808cf25e7343380c69a4a4623b5b371d2320f3b32af9782063d447c2c30ecf50e36bbd213003 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": "bae8ae74f97365f41ccd2b71653042113fe5193b29971daf4bc8db18e222490e",
  "hash": "bae8ae74f97365f41ccd2b71653042113fe5193b29971daf4bc8db18e222490e",
  "version": 1,
  "size": 201,
  "vsize": 201,
  "weight": 804,
  "locktime": 0,
  "vin": [
    {
      "txid": "",
      "vout": 0,
      "scriptSig": {
        "asm": "",
        "hex": ""
      },
      "prevout": {
        "generated": false,
        "height": 0,
        "value": "",
        "scriptPubKey": {
          "asm": "",
          "desc": "",
          "hex": "",
          "type": ""
        }
      },
      "coinbase": "043fd40c1a03fd4f01122f503253482f42495031362f736c7573682f522cfabe6d6d22cedea17e24228ea9c5ddbc0f4876fbe00a9bd173743d2e3841854ff62398b60100000000000000",
      "sequence": 4294967295
    }
  ],
  "vout": [
    {
      "value": "50.00000000",
      "n": 0,
      "scriptPubKey": {
        "asm": "04f7e866470d0f421c017d52a691f96bd4d0a2ca10529afc63d780808cf25e7343380c69a4a4623b5b371d2320f3b32af9782063d447c2c30ecf50e36bbd213003 OP_CHECKSIG",
        "desc": "pk(04f7e866470d0f421c017d52a691f96bd4d0a2ca10529afc63d780808cf25e7343380c69a4a4623b5b371d2320f3b32af9782063d447c2c30ecf50e36bbd213003)#ddwupkwt",
        "hex": "4104f7e866470d0f421c017d52a691f96bd4d0a2ca10529afc63d780808cf25e7343380c69a4a4623b5b371d2320f3b32af9782063d447c2c30ecf50e36bbd213003ac",
        "type": "pubkey"
      }
    }
  ],
  "fee": "",
  "hex": "01000000010000000000000000000000000000000000000000000000000000000000000000ffffffff4a043fd40c1a03fd4f01122f503253482f42495031362f736c7573682f522cfabe6d6d22cedea17e24228ea9c5ddbc0f4876fbe00a9bd173743d2e3841854ff62398b60100000000000000ffffffff0100f2052a01000000434104f7e866470d0f421c017d52a691f96bd4d0a2ca10529afc63d780808cf25e7343380c69a4a4623b5b371d2320f3b32af9782063d447c2c30ecf50e36bbd213003ac00000000"
}