Why Do Miners Generally Prioritize Higher-Fee Transactions?
Miners are economically rational actors whose primary goal is to maximize their profit from the block they successfully mine. Since transaction fees contribute directly to this profit, they prioritize transactions that offer the highest fee-per-byte.
This maximizes the total fee revenue collected within the limited block space.
Glossar
Block Size Limit
Constraint ⎊ Block size limit, within cryptocurrency networks, fundamentally dictates the maximum data volume permitted within a single block added to the blockchain.
Miners
Validation ⎊ The term "Miners," within cryptocurrency contexts, fundamentally denotes entities responsible for validating and adding new transaction records to a blockchain.
Transaction Fees
Cost ⎊ Transaction fees represent a quantifiable expense incurred for processing and validating transactions across diverse financial systems, functioning as a critical component of network participation and security.