Parasite Mining Pool Finds Second Bitcoin Block, Validating Hybrid Model

A revolutionary bitcoin mining pool, Parasite Pool, has successfully mined its second block, block 945,601, approximately 48 days after its first block, validating its innovative hybrid model. This model combines the benefits of both the industrial pay-per-share approach and the pure lottery system. The winning miner receives 1 BTC, while the remaining 2.125 BTC and fees are distributed proportionally among all pool participants based on their shares. Notably, there are no fees to participate in this pool, and payouts are made through the Lightning Network. The pool's founder, ZK Shark, aims to support home miners, providing an alternative to the dominant industrial operators. With a current hashrate of 52 petahashes per second, Parasite Pool has demonstrated the potential of its hybrid model, which could change the landscape of bitcoin mining. The pool's second block is a significant milestone, as it shows that the model can work in practice, retaining hashrate and distributing rewards to participants during the periods between block findings.