Transaction f59f3e24429003a73fd5ec1f8a8fca04ee580605bc7d0db00a48b76379d4a313

Block #163903

2012-01-26 07:03:54 +0000 UTC (~14 years, 5 months ago)

BTC Burned: 🔥0.00401 BTC🔥

Inputs

Coinbase: 04dbfa204f02a2002c4d4d3d3d634dacd2e90de67d96a4b0197e6dc73088a1fa8082cc399c8592c9bc5515ecdc0100000000000000

Outputs

4104b57dac00d9ebf29ee80635a7c5e7df1f2bfa3793ba618a07de37264835c04f8fc45cdfb94f7347e02140386cdf2cdd802bc950034b8bab1475895f7df829d7f3ac

04b57dac00d9ebf29ee80635a7c5e7df1f2bfa3793ba618a07de37264835c04f8fc45cdfb94f7347e02140386cdf2cdd802bc950034b8bab1475895f7df829d7f3 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": "f59f3e24429003a73fd5ec1f8a8fca04ee580605bc7d0db00a48b76379d4a313",
  "hash": "f59f3e24429003a73fd5ec1f8a8fca04ee580605bc7d0db00a48b76379d4a313",
  "version": 1,
  "size": 180,
  "vsize": 180,
  "weight": 720,
  "locktime": 0,
  "vin": [
    {
      "txid": "",
      "vout": 0,
      "scriptSig": {
        "asm": "",
        "hex": ""
      },
      "prevout": {
        "generated": false,
        "height": 0,
        "value": "",
        "scriptPubKey": {
          "asm": "",
          "desc": "",
          "hex": "",
          "type": ""
        }
      },
      "coinbase": "04dbfa204f02a2002c4d4d3d3d634dacd2e90de67d96a4b0197e6dc73088a1fa8082cc399c8592c9bc5515ecdc0100000000000000",
      "sequence": 4294967295
    }
  ],
  "vout": [
    {
      "value": "50.00000000",
      "n": 0,
      "scriptPubKey": {
        "asm": "04b57dac00d9ebf29ee80635a7c5e7df1f2bfa3793ba618a07de37264835c04f8fc45cdfb94f7347e02140386cdf2cdd802bc950034b8bab1475895f7df829d7f3 OP_CHECKSIG",
        "desc": "pk(04b57dac00d9ebf29ee80635a7c5e7df1f2bfa3793ba618a07de37264835c04f8fc45cdfb94f7347e02140386cdf2cdd802bc950034b8bab1475895f7df829d7f3)#druf0dy3",
        "hex": "4104b57dac00d9ebf29ee80635a7c5e7df1f2bfa3793ba618a07de37264835c04f8fc45cdfb94f7347e02140386cdf2cdd802bc950034b8bab1475895f7df829d7f3ac",
        "type": "pubkey"
      }
    }
  ],
  "fee": "",
  "hex": "01000000010000000000000000000000000000000000000000000000000000000000000000ffffffff3504dbfa204f02a2002c4d4d3d3d634dacd2e90de67d96a4b0197e6dc73088a1fa8082cc399c8592c9bc5515ecdc0100000000000000ffffffff0100f2052a01000000434104b57dac00d9ebf29ee80635a7c5e7df1f2bfa3793ba618a07de37264835c04f8fc45cdfb94f7347e02140386cdf2cdd802bc950034b8bab1475895f7df829d7f3ac00000000"
}