Transaction cd172ee2b7b0028e586f96b247f06dee1b5d339626f003065dea1a691f23d9b6

Block #169464

2012-03-03 11:16:49 +0000 UTC (~14 years, 4 months ago)

BTC Burned: 🔥0.0215 BTC🔥

Inputs

Coinbase: 04a1fd514f027f01062f503253482f

Outputs

2102d2d4280caed278ed2746a2201e1c2e68887e583457c60c9b5cf55842f411a44dac

02d2d4280caed278ed2746a2201e1c2e68887e583457c60c9b5cf55842f411a44d 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": "cd172ee2b7b0028e586f96b247f06dee1b5d339626f003065dea1a691f23d9b6",
  "hash": "cd172ee2b7b0028e586f96b247f06dee1b5d339626f003065dea1a691f23d9b6",
  "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": "04a1fd514f027f01062f503253482f",
      "sequence": 4294967295
    }
  ],
  "vout": [
    {
      "value": "50.00000000",
      "n": 0,
      "scriptPubKey": {
        "asm": "02d2d4280caed278ed2746a2201e1c2e68887e583457c60c9b5cf55842f411a44d OP_CHECKSIG",
        "desc": "pk(02d2d4280caed278ed2746a2201e1c2e68887e583457c60c9b5cf55842f411a44d)#s5qa5vj7",
        "hex": "2102d2d4280caed278ed2746a2201e1c2e68887e583457c60c9b5cf55842f411a44dac",
        "type": "pubkey"
      }
    }
  ],
  "fee": "",
  "hex": "01000000010000000000000000000000000000000000000000000000000000000000000000ffffffff0f04a1fd514f027f01062f503253482fffffffff0100f2052a01000000232102d2d4280caed278ed2746a2201e1c2e68887e583457c60c9b5cf55842f411a44dac00000000"
}