Parasite Mining Pool Secures Second Bitcoin Block, Proving Hybrid Model's Effectiveness

A novel approach to bitcoin mining has yielded its second success, as Parasite Pool mined block 945,601, validating its hybrid model that combines elements of both industrial and solo mining approaches. This model, which pays the block finder 1 BTC and distributes the remaining reward among participants, has now been proven to work twice. The block, which contained 7,398 transactions and 0.002 BTC in fees, was mined on Friday morning, roughly 48 days after the pool's first block in late February. The pool operates without fees and utilizes the Lightning Network for payouts. By securing bitcoin through competition, where computers solve a cryptographic puzzle every 10 minutes, the winner earns the right to add the next block of transactions to the blockchain and collects a reward. Currently, this reward stands at 3.125 BTC plus transaction fees, valued at approximately $238,000. The mining landscape is dominated by large-scale industrial operators, but Parasite targets home miners, offering a unique solution that splits the difference between pure solo pools and industrial models. This approach preserves the lottery-style payday for the block finder while ensuring participants receive satoshis during the periods between blocks. With a current hashrate of 52 petahashes per second, Parasite has retained its hashrate through the 48-day gap between payouts, validating its proportional distribution mechanics. As the pattern of solo and small-pool mining continues to gain traction, Parasite's model is the first at this scale to test whether a hybrid split can keep participants engaged through the losing stretches.