Transaction ce8ad2f55a3d2e9355780b29afdcbdeb84f5ffd64c3e94d8685ec411904e9fa9

Block #164048

2012-01-27 07:12:37 +0000 UTC (~14 years, 5 months ago)

BTC Burned: 🔥0.0011 BTC🔥


Inputs

Coinbase: 04474e224f002c4d4d3d3daf8a8963b6fd3336a96878f2608f1a571331f030eeb43643b6ebe6ffb18a14180100000000000000

Coinbase converted to ASCII GN"O�,MM==���c��36�hx�`�W1�0�6C�������������

Outputs
21020a88c485f74b244f6b0923ddb1f770da1962e7266848133c658126af2c52d205ac
50 BTC
now $3,698,445.00
50 BTC
020a88c485f74b244f6b0923ddb1f770da1962e7266848133c658126af2c52d205 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": "ce8ad2f55a3d2e9355780b29afdcbdeb84f5ffd64c3e94d8685ec411904e9fa9",
  "hash": "ce8ad2f55a3d2e9355780b29afdcbdeb84f5ffd64c3e94d8685ec411904e9fa9",
  "version": 1,
  "size": 146,
  "vsize": 146,
  "weight": 584,
  "locktime": 0,
  "vin": [
    {
      "txid": "",
      "vout": 0,
      "scriptSig": {
        "asm": "",
        "hex": ""
      },
      "prevout": {
        "generated": false,
        "height": 0,
        "value": "",
        "scriptPubKey": {
          "asm": "",
          "desc": "",
          "hex": "",
          "type": ""
        }
      },
      "coinbase": "04474e224f002c4d4d3d3daf8a8963b6fd3336a96878f2608f1a571331f030eeb43643b6ebe6ffb18a14180100000000000000",
      "sequence": 4294967295
    }
  ],
  "vout": [
    {
      "value": "50.00000000",
      "n": 0,
      "scriptPubKey": {
        "asm": "020a88c485f74b244f6b0923ddb1f770da1962e7266848133c658126af2c52d205 OP_CHECKSIG",
        "desc": "pk(020a88c485f74b244f6b0923ddb1f770da1962e7266848133c658126af2c52d205)#4txu2225",
        "hex": "21020a88c485f74b244f6b0923ddb1f770da1962e7266848133c658126af2c52d205ac",
        "type": "pubkey"
      }
    }
  ],
  "fee": "",
  "hex": "01000000010000000000000000000000000000000000000000000000000000000000000000ffffffff3304474e224f002c4d4d3d3daf8a8963b6fd3336a96878f2608f1a571331f030eeb43643b6ebe6ffb18a14180100000000000000ffffffff0100f2052a010000002321020a88c485f74b244f6b0923ddb1f770da1962e7266848133c658126af2c52d205ac00000000"
}