Parasite Mining Pool Strikes Again, Uncovering Its Second Bitcoin Block
A novel bitcoin mining pool, designed to challenge traditional pay-per-share and pure lottery approaches, has achieved its second block, validating the effectiveness of its model. Parasite Pool, launched in April 2025, mined block 945,601, containing 7,398 transactions and 0.002 BTC in fees, with bitcoin valued at $76,213 at the time. This pool operates on a distinctive 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 shares. Notably, participation in this pool is free, and payouts are facilitated through the Lightning Network. The pool's founder, ZK Shark, aims to cater to home miners, offering an alternative to industrial-scale mining operations. By splitting the block reward, Parasite Pool provides a steady flow of satoshis to participants, even during periods between block discoveries. This approach has been tested, with the pool retaining its hashrate through the 48-day gap between payouts. With a current hashrate of 52 petahashes per second, Parasite Pool accounts for approximately 0.005% of the bitcoin network's estimated 1-zetahash hashrate. The success of this hybrid model may pave the way for smaller mining operations, as evidenced by recent wins by home miners and small-pool operators. A third block discovery within the next two months would further solidify the viability of Parasite Pool's approach.