I can't figure why this block has 0 coinbase with 0 transactions... however still a valid block? Or it it empty? According to whalepanda this coinbase was sacrificed by unknown miner.
See the block at height 501,726
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It has no transactions other than the coinbase transaction. However, the transaction's coinbase output is 0 BTC. Here's the valuable piece of information that you are looking for:
Coinbase outputs may be set lower than the max. value (12.5 currently), and the block will be valid (if the difficulty is lower than the target, as always)
Also look at: https://btc.com/0000000000004c78956f8643262f3622acf22486b120421f893c0553702ba7b5
BTW, the miner loses money, for the price of being "cool".
MCCCS
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1i dont see anything special about this block https://btc.com/0000000000004c78956f8643262f3622acf22486b120421f893c0553702ba7b5 – user380208 Dec 30 '17 at 17:50
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also why this block has more than 50 btc in coinbase output? 124,725 block -https://btc.com/0000000000006a01cb8932bc8a90b79297c744d4e5a355312208ab558b1e89a5 – user380208 Dec 30 '17 at 17:51
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@anacondabitch: The coinbase transaction output can be, at most, the sum of the block reward plus the total of all transaction fees of other transactions in the block. So this block had BTC 0.13 in transaction fees. btc.com appears to display coinbase transactions in a confusing way; if you look at other block explorers (e.g. https://blockchain.info/block-index/139575/0000000000006a01cb8932bc8a90b79297c744d4e5a355312208ab558b1e89a5) it is more clear what is happening. – Nate Eldredge Dec 30 '17 at 18:00
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@NateEldredge lol looks like https://btc.com/0000000000004c78956f8643262f3622acf22486b120421f893c0553702ba7b5 lost -12.50000000 BTC in Fees .... i dont see any tx how does that happen? – user380208 Dec 30 '17 at 18:20
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6@anacondabitch: You're misreading it. This block had a total of 8 transactions. One was the coinbase, seven had no fees, and the eighth had a fee of BTC 0.01. So the coinbase was allowed to be up to BTC 50.01. The miner chose to claim 49.99999999 instead, effectively destroying the remaining BTC 0.01000001. – Nate Eldredge Dec 30 '17 at 18:41
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2@anacondabitch: I think the issue is that btc.com takes the value of the coinbase c;aimed, subtracts the block reward, and displays the result as "fees". In the normal case, the maximum coinbase is claimed, which is in fact reward plus fees, so this number does equal the fees. When the maximum coinbase is not claimed, this number can look funny or negative and doesn't accurately reflect the fees in the block. – Nate Eldredge Dec 30 '17 at 18:44
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Is this equivalent to burning bitcoin, or does it mean that there is more bitcoin available to be mined in a future block? – Steve Ellis Jan 13 '18 at 02:09
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@SteveEllis Yes, they're equivalent. They've lost ~$150k. – MCCCS Jan 13 '18 at 07:39
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Block contains "RSKBLOCK:Ý¿QzßýKÊwQP[9É: ÔyüN9ÝW³GÆ$", so I think that it is related to www.rsk.co. Probably Sidechains synchronization.
EDIT:
Binary hex: "52534b424c4f434b3addbf517adf8ffd4bca7751505b39c9013a0d1fd479fc4e901b39dd57b347c624"
Source: https://blockchain.info/tx/9bf8853b3a823bbfa1e54017ae11a9e1f4d08a854dcce9f24e08114f2c921182?show_adv=true
CoperNick
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what is that scary string?looks like some extraterrestrial code RSKBLOCK:Ý¿QzßýKÊwQP[9É: ÔyüN9ÝW³GÆ$ – user380208 Dec 30 '17 at 17:44
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2That string is not meant to be converted to text. Rather it is just binary for a RSK block hash. When converted to text, it looks to be a weird string. – Ava Chow Dec 30 '17 at 17:59
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1@AndrewChow Well, the first 9 characters seem to be meaningful in text. – Acccumulation Dec 30 '17 at 23:47
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How did you converted hex: "52534b424c4f434b3addbf517adf8ffd4bca7751505b39c9013a0d1fd479fc4e901b39dd57b347c624" into ASCII ... any idea? – user380208 Dec 31 '17 at 20:54
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