Parasite Mining Pool Strikes Again, Finding Its Second Bitcoin Block

A groundbreaking bitcoin mining pool, designed to challenge traditional pay-per-share and lottery-style models, has achieved a significant milestone by mining its second block. Parasite Pool, launched in April 2025, mined block 945,601 on Friday, roughly 48 days after its first block at #938,713 in late February. 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 unique 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. Notably, there are no fees to participate in this pool, and payouts are made through the Lightning Network. The mining process, which secures bitcoin by having computers compete to solve a cryptographic puzzle every 10 minutes, is dominated by industrial operators with large-scale facilities. However, Parasite Pool targets home miners and offers a more inclusive approach. Founded by ZK Shark, the creator of the Ordinal Maxi Biz NFT collection on Bitcoin, Parasite Pool has retained hashrate through the 48-day gap between payouts, validating its proportional distribution mechanics. With a current hashrate of 52 petahashes per second, the pool is testing a hybrid split model that keeps participants engaged through the losing stretches. A third block within the next two months would solidify the case for Parasite's model, while a six-month drought would suggest the first two blocks were the exception rather than the rule.