Parasite Mining Pool Strikes Again with Second Bitcoin Block
A revolutionary bitcoin mining pool, Parasite Pool, has successfully mined its second block, block 945,601, on Friday, roughly 48 days after its first block at #938,713 in late February. This pool operates on a unique hybrid model where the winning miner receives 1 BTC, and the remaining 2.125 BTC plus fees are distributed proportionally among all pool participants based on shares submitted since the previous block. The block carried 7,398 transactions and 0.002 BTC in fees, landing with bitcoin trading at $76,213. The pool's design rejects both the industrial pay-per-share model and the pure lottery approach, instead adopting a model that has no parallel in mainstream mining. With no fees to participate and payouts routed through the Lightning Network, Parasite Pool aims to provide a more inclusive and rewarding experience for its participants. The pool's founder, ZK Shark, targets home miners, offering a solution that splits the difference between pure solo pools and industrial operators. The second block mined by Parasite Pool carries significant weight, as it demonstrates the pool's ability to retain hashrate through the 48-day gap between payouts and provides real validation for the proportional distribution mechanics. With a current hashrate of 52 petahashes per second, Parasite Pool accounts for roughly 0.005% of bitcoin's estimated 1-zetahash network hashrate. As the pattern around solo and small-pool mining continues to gain traction, Parasite Pool's hybrid model may provide a viable alternative for miners looking for a more sustainable and rewarding experience.