Parasite Mining Pool Strikes Again, Finding Its Second Bitcoin Block

A revolutionary bitcoin mining pool, Parasite Pool, has successfully mined its second block, block 945,601, following its first block at #938,713 in late February. This achievement demonstrates the effectiveness of its hybrid model, which diverges from the traditional pay-per-share and pure lottery approaches. The block, mined on Friday morning, contained 7,398 transactions and 0.002 BTC in fees, with bitcoin trading at $76,213 at the time. The pool's distinctive model awards the winning miner 1 BTC outright, while the remaining 2.125 BTC plus fees are distributed proportionally among all participants based on their shares submitted since the previous block. Notably, there are no fees to participate in this pool, and payouts are made through the Lightning Network. The pool's founder, ZK Shark, the creator of the Ordinal Maxi Biz NFT collection on Bitcoin, aims to support home miners. By splitting the difference between the traditional models, Parasite Pool preserves the excitement of the lottery-style payday while ensuring that participants receive consistent satoshis between blocks. The pool's hashrate currently stands at 52 petahashes per second, and its ability to retain hashrate through the 48-day gap between payouts validates its proportional distribution mechanics. As the pool continues to operate, its success will be closely watched, with a third block within the next two months potentially solidifying its model as a viable alternative to traditional mining pools.