Parasite Mining Pool Scores Second Bitcoin Block with Innovative 'Plebs Eat First' Model
A revolutionary Bitcoin mining pool, Parasite Pool, has achieved its second block, validating its distinctive design. Launched in April 2025, the pool mined block 945,601, approximately 48 days after its first block at #938,713. This 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 one-of-a-kind hybrid model, where the winning miner receives 1 BTC, and the remaining 2.125 BTC plus fees are proportionally distributed among all participants based on their contributed shares since the previous block. Notably, there are no fees to participate in this pool, and payouts are made through the Lightning Network. By combining elements of both the industrial pay-per-share model and the pure lottery approach, Parasite Pool aims to provide a more equitable and engaging experience for its participants. Founded by ZK Shark, the creator of the Ordinal Maxi Biz NFT collection on Bitcoin, Parasite targets home miners and offers an alternative to traditional mining pools. With its second block, Parasite has demonstrated the potential of its hybrid model, which preserves the excitement of the lottery payday while ensuring consistent satoshi distribution to participants. As the pool continues to operate, its hashrate and block findings will be closely watched to determine the long-term viability of this innovative approach.