Transaction c65c43e7e60dbcfac2621e0b89387617691885dece7771edbe817f44b17c4476

Block #212501

2012-12-17 10:20:40 +0000 UTC (~11 years, 8 months ago)

BTC Burned: 🔥0.0005 BTC🔥


Inputs

Coinbase: 03153e030650cef1f60e6e

Coinbase converted to ASCII >P���n

Outputs
1EoAmuLBeLC2YpRAFwRnzM6PrbaGUNFgW8
25.3077 BTC
now $1,572,390.18
25.3077 BTC
OP_DUP OP_HASH160 9754edb264bcb1ec4c043ad9b3709d988ebe7e0b 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": "c65c43e7e60dbcfac2621e0b89387617691885dece7771edbe817f44b17c4476",
  "hash": "c65c43e7e60dbcfac2621e0b89387617691885dece7771edbe817f44b17c4476",
  "version": 1,
  "size": 96,
  "vsize": 96,
  "weight": 384,
  "locktime": 0,
  "vin": [
    {
      "txid": "",
      "vout": 0,
      "scriptSig": {
        "asm": "",
        "hex": ""
      },
      "prevout": {
        "generated": false,
        "height": 0,
        "value": "",
        "scriptPubKey": {
          "asm": "",
          "desc": "",
          "hex": "",
          "type": ""
        }
      },
      "coinbase": "03153e030650cef1f60e6e",
      "sequence": 4294967295
    }
  ],
  "vout": [
    {
      "value": "25.30770000",
      "n": 0,
      "scriptPubKey": {
        "asm": "OP_DUP OP_HASH160 9754edb264bcb1ec4c043ad9b3709d988ebe7e0b OP_EQUALVERIFY OP_CHECKSIG",
        "desc": "addr(1EoAmuLBeLC2YpRAFwRnzM6PrbaGUNFgW8)#348jw4xl",
        "hex": "76a9149754edb264bcb1ec4c043ad9b3709d988ebe7e0b88ac",
        "address": "1EoAmuLBeLC2YpRAFwRnzM6PrbaGUNFgW8",
        "type": "pubkeyhash"
      }
    }
  ],
  "fee": "",
  "hex": "01000000010000000000000000000000000000000000000000000000000000000000000000ffffffff0b03153e030650cef1f60e6effffffff01507cd896000000001976a9149754edb264bcb1ec4c043ad9b3709d988ebe7e0b88ac00000000"
}