Transaction cf966bfa0abc54539918cba9c2ed73c50b62f3dd73ea673f735fbcb2ee9a5a73

Block #166486

2012-02-12 13:29:15 +0000 UTC (~14 years, 4 months ago)

BTC Burned: 🔥0.0285 BTC🔥


Inputs

Coinbase: 04aabe374f02c40a062f503253482f

Coinbase converted to ASCII ��7O� /P2SH/

Outputs
2103105c4817788eaa0b3fb9f7fec8df9d7bd9607a136102932744867816e4dbfe7eac
50 BTC
now $3,540,875.00
50 BTC
03105c4817788eaa0b3fb9f7fec8df9d7bd9607a136102932744867816e4dbfe7e 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": "cf966bfa0abc54539918cba9c2ed73c50b62f3dd73ea673f735fbcb2ee9a5a73",
  "hash": "cf966bfa0abc54539918cba9c2ed73c50b62f3dd73ea673f735fbcb2ee9a5a73",
  "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": "04aabe374f02c40a062f503253482f",
      "sequence": 4294967295
    }
  ],
  "vout": [
    {
      "value": "50.00000000",
      "n": 0,
      "scriptPubKey": {
        "asm": "03105c4817788eaa0b3fb9f7fec8df9d7bd9607a136102932744867816e4dbfe7e OP_CHECKSIG",
        "desc": "pk(03105c4817788eaa0b3fb9f7fec8df9d7bd9607a136102932744867816e4dbfe7e)#2vg99y7l",
        "hex": "2103105c4817788eaa0b3fb9f7fec8df9d7bd9607a136102932744867816e4dbfe7eac",
        "type": "pubkey"
      }
    }
  ],
  "fee": "",
  "hex": "01000000010000000000000000000000000000000000000000000000000000000000000000ffffffff0f04aabe374f02c40a062f503253482fffffffff0100f2052a01000000232103105c4817788eaa0b3fb9f7fec8df9d7bd9607a136102932744867816e4dbfe7eac00000000"
}