Transaction f51a26af1c0b9f4801e253c00abfe82a67e86238a8cf1d0a389027f97e95f708

Block #222780

2013-02-24 00:39:16 +0000 UTC (~11 years, 6 months ago)

BTC Burned: 🔥0.0005 BTC🔥


Inputs

Coinbase: 033c66030451296134fabe6d6d22989145f433f8707451b21049c34ea172b3c90ebb63cb5ed6531c4c614dae2804000000000000005f4b0000

Coinbase converted to ASCII <fQ)a4��mm"��E�3�ptQ�I�N�r���c�^�SLaM�(�������_K��

Outputs
1GXqVMo4gE6P73tPCtyYXoDmKWGLeGJPhi
25.42880001 BTC
now $1,580,394.83
25.42880001 BTC
OP_DUP OP_HASH160 aa5ed7966d3de90c9d8c9031cedbce6b8074c31f 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": "f51a26af1c0b9f4801e253c00abfe82a67e86238a8cf1d0a389027f97e95f708",
  "hash": "f51a26af1c0b9f4801e253c00abfe82a67e86238a8cf1d0a389027f97e95f708",
  "version": 1,
  "size": 142,
  "vsize": 142,
  "weight": 568,
  "locktime": 0,
  "vin": [
    {
      "txid": "",
      "vout": 0,
      "scriptSig": {
        "asm": "",
        "hex": ""
      },
      "prevout": {
        "generated": false,
        "height": 0,
        "value": "",
        "scriptPubKey": {
          "asm": "",
          "desc": "",
          "hex": "",
          "type": ""
        }
      },
      "coinbase": "033c66030451296134fabe6d6d22989145f433f8707451b21049c34ea172b3c90ebb63cb5ed6531c4c614dae2804000000000000005f4b0000",
      "sequence": 4294967295
    }
  ],
  "vout": [
    {
      "value": "25.42880001",
      "n": 0,
      "scriptPubKey": {
        "asm": "OP_DUP OP_HASH160 aa5ed7966d3de90c9d8c9031cedbce6b8074c31f OP_EQUALVERIFY OP_CHECKSIG",
        "desc": "addr(1GXqVMo4gE6P73tPCtyYXoDmKWGLeGJPhi)#wvq4mxp7",
        "hex": "76a914aa5ed7966d3de90c9d8c9031cedbce6b8074c31f88ac",
        "address": "1GXqVMo4gE6P73tPCtyYXoDmKWGLeGJPhi",
        "type": "pubkeyhash"
      }
    }
  ],
  "fee": "",
  "hex": "01000000010000000000000000000000000000000000000000000000000000000000000000ffffffff39033c66030451296134fabe6d6d22989145f433f8707451b21049c34ea172b3c90ebb63cb5ed6531c4c614dae2804000000000000005f4b0000ffffffff0101459197000000001976a914aa5ed7966d3de90c9d8c9031cedbce6b8074c31f88ac00000000"
}