Say I’ve got a transaction stuck in limbo because I didn’t set my fee high enough; could I … like, point my s9 at that transaction and “mine” it into the chain?
Isn’t that essentially what happens after the bock subsidy?
Advise. Enhance.
Say I’ve got a transaction stuck in limbo because I didn’t set my fee high enough; could I … like, point my s9 at that transaction and “mine” it into the chain?
Isn’t that essentially what happens after the bock subsidy?
Advise. Enhance.
Or the whole point is I can’t do that; usually how Bitcoin works in a strange way. Good. Unique.
You can do an RBF on the transaction! (Replace-by-fee)
Since your transaction hasn’t been mined yet, you can update your fee rate. Miners can choose which of your transactions to mine (of course they will choose the one with higher fees!)
Right. Well, then why don’t I just mine it myself, is I think what I’m asking.
Miners mine entire blocks. A block contains many transactions.
As a miner, you could technically mine only one transaction, but economically it makes sense to mine as many transactions as you can at once so you can earn more from fees! It takes the same energy to mine one transaction as it does to mine 100s.