Information available to bitcoin miners in processing transactions

0
12


I’m very new to Bitcoin, and in my learning process I came across this site:

https://mempool.observer/

which shows the varying amounts of unconfirmed transactions waiting to be mined. I’m learning that miners are able to choose which transactions they process, and that the fee rate is part of the consideration.

My question: what information do miners have access to about a transaction in deciding which to process?

Is it only the fee rate?
Can they see the amount of the transaction?
Can they see anything about the two parties? (Not their identities I’m sure, but maybe what type of entity is buying or selling – like institution vs. individual?).

Thanks in advance.



Source link

Leave a reply