Transaction bd23db7fef82fd99b27f3ddd895e72a2a5937af4c1fa3b3547972071a941d9d4

Block #526591

2018-06-08 14:52:50 +0000 UTC (~6 years, 1 month ago)

BTC Burned: 🔥6.25 BTC🔥

Inputs

Coinbase: 03ff08080442981a5b662f4254432e434f4d2ffabe6d6d703593d3ae04ab5b6afa8343b6f0dcdde8c1fe1c9e762a47c472dbb952868e1b0100000000000000011179431f31000000000000

Outputs

1C1mCxRukix1KfegAY5zQQJV7samAciZpv

OP_DUP OP_HASH160 78ce48f88c94df3762da89dc8498205373a8ce6f 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": "bd23db7fef82fd99b27f3ddd895e72a2a5937af4c1fa3b3547972071a941d9d4",
  "hash": "bd23db7fef82fd99b27f3ddd895e72a2a5937af4c1fa3b3547972071a941d9d4",
  "version": 2,
  "size": 160,
  "vsize": 160,
  "weight": 640,
  "locktime": 0,
  "vin": [
    {
      "txid": "",
      "vout": 0,
      "scriptSig": {
        "asm": "",
        "hex": ""
      },
      "prevout": {
        "generated": false,
        "height": 0,
        "value": "",
        "scriptPubKey": {
          "asm": "",
          "desc": "",
          "hex": "",
          "type": ""
        }
      },
      "coinbase": "03ff08080442981a5b662f4254432e434f4d2ffabe6d6d703593d3ae04ab5b6afa8343b6f0dcdde8c1fe1c9e762a47c472dbb952868e1b0100000000000000011179431f31000000000000",
      "sequence": 4294967295
    }
  ],
  "vout": [
    {
      "value": "6.25000000",
      "n": 0,
      "scriptPubKey": {
        "asm": "OP_DUP OP_HASH160 78ce48f88c94df3762da89dc8498205373a8ce6f OP_EQUALVERIFY OP_CHECKSIG",
        "desc": "addr(1C1mCxRukix1KfegAY5zQQJV7samAciZpv)#cvzpg3xl",
        "hex": "76a91478ce48f88c94df3762da89dc8498205373a8ce6f88ac",
        "address": "1C1mCxRukix1KfegAY5zQQJV7samAciZpv",
        "type": "pubkeyhash"
      }
    }
  ],
  "fee": "",
  "hex": "02000000010000000000000000000000000000000000000000000000000000000000000000ffffffff4b03ff08080442981a5b662f4254432e434f4d2ffabe6d6d703593d3ae04ab5b6afa8343b6f0dcdde8c1fe1c9e762a47c472dbb952868e1b0100000000000000011179431f31000000000000ffffffff0140be4025000000001976a91478ce48f88c94df3762da89dc8498205373a8ce6f88ac00000000"
}