Parasite Mining Pool Strikes Again, Finds Second Bitcoin Block

A revolutionary bitcoin mining pool, Parasite Pool, has successfully mined its second block, block 945,601, on Friday, approximately 48 days after its first block at #938,713 in late February. This achievement demonstrates the effectiveness of its hybrid model, which differs from the traditional industrial pay-per-share and pure lottery 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 on a distinctive hybrid model where the winning miner receives 1 BTC, and the remaining 2.125 BTC plus fees are distributed proportionally among all participants based on their shares submitted since the previous block. This approach has no parallel in mainstream mining, and there are no fees to participate. Payouts are made through the Lightning Network. The pool's founder, ZK Shark, aims to cater to home miners. The second block mined by Parasite carries significant weight, as it has retained hashrate through the 48-day gap between payouts, validating the proportional distribution mechanics. With a current hashrate of 52 petahashes per second, Parasite is testing whether its hybrid split can sustain participant engagement during losing stretches. The outcome of this experiment will be crucial in determining the viability of Parasite's model, with a third block within the next two months potentially solidifying its case.