Bitcoin Mining Pool Parasite Achieves Second Block Reward

A groundbreaking bitcoin mining pool, Parasite Pool, has made history by mining its second block, block 945,601, on Friday morning, roughly 48 days after its first block at #938,713 in late February. This innovative pool operates on a 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 shares submitted since the previous block. The pool's design rejects both the industrial pay-per-share model and the pure lottery approach, offering a unique solution for home miners. With no fees to participate and payouts routed through the Lightning Network, Parasite Pool has proven its effectiveness, retaining hashrate through the 48-day gap between payouts and demonstrating the potential for a more equitable distribution of rewards. The pool's hashrate currently sits at 52 petahashes per second, and its success has sparked interest in the mining community, with a third block inside the next two months potentially solidifying its model as a viable alternative to traditional mining pools.