Parasite Mining Pool Finds Second Bitcoin Block, Validates Hybrid Model

A revolutionary bitcoin mining pool, Parasite Pool, has made headlines by mining its second block, number 945,601, after approximately 48 days since its first block at #938,713. This achievement solidifies the pool's innovative hybrid model, which diverges from traditional pay-per-share and pure lottery approaches. The winning miner receives 1 BTC, while the remaining 2.125 BTC plus fees are proportionally distributed among all participants based on their shares submitted since the previous block. This model has no fees for participation and utilizes the Lightning Network for payouts. The block, which included 7,398 transactions and 0.002 BTC in fees, was mined when bitcoin was trading at $76,213. The pool's founder, ZK Shark, aims to support home miners, offering an alternative to industrial-scale mining operations. By splitting the block reward, Parasite Pool provides a more consistent income stream for participants, making it a viable option for those seeking a middle ground between solo mining and large-scale pools. With a hashrate of 52 petahashes per second, the pool has demonstrated its potential, and the mining community awaits its next block to further validate this hybrid approach.