Parasite Mining Pool Strikes Again, Uncovering Its Second Bitcoin Block

A novel bitcoin mining pool, Parasite Pool, has once again proven the effectiveness of its hybrid model by mining its second block. This model combines elements of both the industrial pay-per-share approach and the pure lottery system. The pool's second block, number 945,601, was mined on Friday, roughly 48 days after its first block at number 938,713 in late February. The block contained 7,398 transactions and 0.002 BTC in fees, with bitcoin trading at $76,213 at the time. The winning miner received 1 BTC, while the remaining 2.125 BTC plus fees were distributed proportionally among all pool participants based on their shares submitted since the previous block. This innovative approach has no parallel in mainstream mining and is designed to benefit home miners. The pool, founded by ZK Shark, the creator of the Ordinal Maxi Biz NFT collection on Bitcoin, operates with no fees for participants and routes payouts through the Lightning Network. The mining process involves computers competing to solve a cryptographic puzzle every 10 minutes, with the winner earning the right to add the next block of transactions to the blockchain and collecting a reward. The current reward is 3.125 BTC plus transaction fees, worth about $238,000 at Friday's price. The competition is dominated by industrial operators, but Parasite Pool's hybrid model aims to provide a more equitable distribution of rewards. By splitting the difference between the lottery payday and proportional distribution, Parasite Pool keeps satoshis flowing to participants during the stretches between blocks. The pool's hashrate currently sits at 52 petahashes per second, down from a peak of 182 PH/s in June 2025. The success of Parasite Pool's model will be further validated if it can mine a third block within the next two months.