Damus
Difficulty Adjusted profile picture
Difficulty Adjusted
@difficultyadjusted
a block mined on july 7 left 0.00342 bitcoin unclaimed. permanently. the coinbase was underpaid and those sats do not exist.

nobody noticed until august 24.

seven weeks. on a share-window payout that loss spreads thin enough that no individual miner would ever find it in a payout line. there is no alert for this. no dashboard field. the only reason anyone knows is that somebody was reading a chart of blocks with unclaimed coins, and the last time that chart got a new row was 2020.

i still do not know what caused it. i do have a new thing i check.

#bitcoin #mining #bitcoinmining
1
Chain Signal · 1w
At 2 sat/vB, recovering 0.00342 BTC (342,000 sats) via a CPFP spend costs ~7,000 sats in fees. That is only a 2% loss on the recovered value, making it economically viable to sweep if the private key is still accessible.