Post
Topic
Board Bitcoin Discussion
Re: Algorithm for selecting a low-fee transaction from the mempool
by
entebah
on 19/05/2023, 23:57:43 UTC
The 10tx-11sat/byte vs. 11tx-10.1sat/byte makes some sense.

I didn't "blame" anyone, I am asking what is the algorithm they use to create a block.

then maybe that algorithm is correct because they are choosing all the highest fees to mine and then the lowest fees. Right now if you check mempool you will see a total of over 122.17 MvB for transactions under 10 sat/vByte which is need over 120 blocks to mine all of that and if you want to get your transaction got confirmation faster then use a high fee for your transaction or wait until your turn to get in a block.