Parasite Mining Pool Strikes Again, Finding Its Second Bitcoin Block

A revolutionary Bitcoin mining pool, Parasite Pool, has achieved its second block, validating its distinctive design. The pool, launched in April 2025, mined block 945,601 on Friday, around 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 outright, and the remaining 2.125 BTC plus fees are distributed proportionally among all participants based on their shares submitted since the previous block. There are no fees to participate in the pool, and payouts are made through the Lightning Network. The mining process secures Bitcoin by having computers compete to solve a cryptographic puzzle every 10 minutes, with the winner earning the right to add the next block of transactions to the blockchain and collecting a reward. Currently, this reward is 3.125 BTC plus transaction fees, worth around $238,000 at Friday's price. The competition is dominated by industrial operators with large-scale facilities, but Parasite targets home miners. Founded by ZK Shark, the creator of Ordinal Maxi Biz, an NFT collection on Bitcoin, Parasite aims to provide a fairer distribution of rewards. Unlike pure solo pools, which pay the full block reward minus a fee to the finder, Parasite splits the difference, preserving the lottery payday while keeping rewards flowing to participants between blocks. The pool's second block is more significant than the first, as it has retained hashrate through the 48-day gap and validated its proportional distribution mechanics. With a current hashrate of 52 petahashes per second, Parasite is testing whether its hybrid model can keep participants engaged during 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 exceptions.