hi i have a deposit stuck in the blockchain im not understanding why, its been stuck for 7 hours now without any confirmations, what is the explanation behind why the transaction is stuck?
Miners naturally select the highest fee transactions to include in the blocks they create. At 300 sat/byte, the fee you paid is too low for the transaction to be immediately included in a block.
See https://core.jochen-hoenicke.de/queue/#8h to visualize the current set of transactions waiting to clear. As you can see, transactions at your fee level have not been reliably clearing since ~7h ago.