Parasite Mining Pool Strikes Again, Finds Second Bitcoin Block
A revolutionary Bitcoin mining pool, designed to challenge traditional industrial pay-per-share and pure lottery models, has achieved its second block. Parasite Pool, launched in April 2025, mined block 945,601, about 48 days after its first block, numbered 938,713. This block contained 7,398 transactions and garnered 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 among participants based on their contributed shares since the last block. Notably, there are no participation fees, and payouts are made via the Lightning Network. The pool's design aims to secure Bitcoin by having computers solve cryptographic puzzles every 10 minutes, with the winner adding the next block of transactions to the blockchain and collecting a reward, currently valued at approximately $238,000. Founded by ZK Shark, the creator of the Ordinal Maxi Biz NFT collection on Bitcoin, Parasite targets home miners. Unlike pure solo pools that pay the full block reward minus a fee to the finder, Parasite splits the difference, preserving the lottery aspect while ensuring participants receive satoshis between blocks. The pool's hashrate, currently at 52 petahashes per second, has retained participants through the 48-day gap between payouts, validating its proportional distribution mechanics. A third block within the next two months would solidify Parasite's model, while a six-month drought would indicate the first two blocks were anomalies.