Parasite Mining Pool Strikes Again, Uncovering Its Second Bitcoin Block
A groundbreaking bitcoin mining pool, designed to challenge traditional mining models, has achieved a significant milestone by mining its second block. The Parasite Pool, which launched in April 2025, has now proved the effectiveness of its hybrid design, which rewards the block finder with 1 BTC and distributes the remaining 2.125 BTC plus fees among all participants based on their shares. This unique approach has no equivalent in mainstream mining and operates without fees, using the Lightning Network for payouts. The pool's second block, number 945,601, was mined on Friday and contained 7,398 transactions with 0.002 BTC in fees, with bitcoin trading at $76,213 at the time. The pool's model is designed to provide a more equitable distribution of rewards, addressing the issue of variance in mining, where the majority of participants often go unrewarded. Founded by ZK Shark, the creator of the Ordinal Maxi Biz NFT collection, Parasite targets home miners and offers an alternative to pure solo pools and industrial-scale operations. The pool's hashrate currently stands at 52 petahashes per second, equivalent to approximately 0.005% of the bitcoin network's estimated 1-zetahash hashrate. With its second block, Parasite has demonstrated the potential of its hybrid model, which could provide a more sustainable and rewarding experience for miners.