Mining capacity v Transaction speed

[pitiflin]

If we have this huge pool of miners out there, then why are transaction speeds so slow?  Surely the more miners, the faster it should go.  If not, there is something fundamentally wrong with the algorithm.

Do you know the difficulty of bitcoin mining? More the people mine bitcoin, more becomes the difficulty. And now, segwit and lightning network are helping out transactions to be processed more faster. Read up on that and you'll know how. And satoshi created the algorithm, how dare you question him? Just kidding,but there's nothing wrong with the algorithm. There are updates to that. Example: segwit.

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[ThirdPrize2]

This is attributed to the low block size and the number of transactions that each blocks can accommodate over a stipulated time frame. Not to forget that miners would want to first process transactions with high fees thereby those with low fees would lag behind.

If we have this huge pool of miners out there, then why are transaction speeds so slow?  Surely the more miners, the faster it should go.  If not, there is something fundamentally wrong with the algorithm.

Can miners choose which TXNs they mine?

[royalparade01]

Two of the most important factors of trading the bitcoin is the mining capacity and transactional speed. More the miners, more will be the speed of transaction.

Bitcoin mining is the process of adding transaction records to Bitcoin's public ledger of past transactions or blockchain. This ledger of past transactions is called the block chain as it is a chain of blocks. The block chain serves to confirm transactions to the rest of the network as having taken place.