Parasite Mining Pool Strikes Again, Uncovering Its Second Bitcoin Block

A pioneering bitcoin mining pool, designed to challenge traditional pay-per-share and pure lottery models, has achieved its second block. Parasite Pool mined block 945,601, marking its second success since launching in April 2025, roughly 48 days after its initial block at #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 pool operates on a distinctive hybrid model, where the winning miner receives 1 BTC, and the remaining 2.125 BTC plus fees are distributed proportionally among participants based on shares submitted. This approach has no direct equivalent in mainstream mining, with no fees for participation and payouts routed through the Lightning Network. The pool's design aims to secure bitcoin by having computers compete 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 reward currently stands at 3.125 BTC plus transaction fees, worth approximately $238,000. Founded by ZK Shark, the creator of Ordinal Maxi Biz, an NFT collection on Bitcoin, Parasite targets home miners. Unlike pure solo pools, Parasite splits the difference by preserving the lottery payday with a 1 BTC finder's fee and distributing the remainder proportionally to keep satoshis flowing to participants. The pool's hashrate currently sits at 52 petahashes per second, and its proportional distribution mechanics have now been validated twice. A third block within the next two months would solidify Parasite's model, while a six-month drought would suggest the first two blocks were exceptions.