Boosting Gas Revenues of Ethereum Miners

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Authors: Togzhan Barakbayeva, Soroush Farokhnia, Amir Kafshdar Goharshady, Sergei Novozhilov
Cited by: 0

Abstract

In cryptocurrency networks, transaction-fee revenue serves as the primary financial incentive for miners to participate in the consensus mechanism, securing the network by validating transactions and extending the blockchain. Maximizing this revenue is therefore a key optimization problem for miners. While this has been studied for UTXO blockchains like Bitcoin, where transaction fees are fixed, we focus on Ethereum, where the challenge is significantly greater. On Ethereum, the fee paid by a transaction depends on its execution cost (gas), which can change based on the ordering of preceding transactions in a block. This creates a combinatorial explosion, as miners must select not only a subset of transactions but also their optimal permutation to maximize revenue.

Fields of Study & Subjects

Blockchain Technology Applications and Security Distributed systems and fault tolerance Blockchain Technology in Education and Learning

Publication details

Journal / source
ACM/IEEE International Conference on Software Engineering: Companion Proceedings (ICSE-Companion)
Pages
3724–3736
Publication date
12 April 2026
Language
EN