Parasite Pool Mines Second Bitcoin Block, Validating Hybrid Model

A pioneering bitcoin mining pool, Parasite Pool, has successfully mined its second block, block 945,601, on Friday, roughly 48 days after its first block. This achievement demonstrates the effectiveness of its unique hybrid model, which combines elements of both pay-per-share and lottery-based approaches. The block contained 7,398 transactions and 0.002 BTC in fees, with bitcoin trading at $76,213 at the time. The pool operates by awarding the winning miner 1 BTC and distributing the remaining 2.125 BTC plus fees proportionally among all participants based on their contributed shares since the previous block. Notably, there are no fees associated with participating in this pool, and payouts are made through the Lightning Network. The mining process, which secures the bitcoin network by solving complex cryptographic puzzles, is dominated by large-scale industrial operators. However, Parasite Pool targets home miners and offers a more equitable distribution of rewards. Founded by ZK Shark, the creator of the Ordinal Maxi Biz NFT collection, Parasite Pool's model aims to balance the lottery-like nature of mining with a more consistent distribution of satoshis to participants. The pool's hashrate currently stands at 52 petahashes per second, down from its peak of 182 PH/s in June 2025. With this second block, Parasite Pool has validated its hybrid model, which could potentially change the landscape of bitcoin mining.