Parasite Pool, a bitcoin mining pool challenging traditional models, has successfully mined its second block, number 945,601, on Friday morning. This achievement comes 48 days after its first block, demonstrating the viability of its unique hybrid mining model. The block included 7,398 transactions and 0.002 BTC in fees, with bitcoin trading at $76,213.
The pool, founded by ZK Shark, operates on a model where the miner who solves a block receives 1 BTC, while the remaining 2.125 BTC plus fees are distributed among participants based on shares submitted. This approach aims to balance the lottery-style reward with consistent payouts, appealing to home miners. Parasite Pool's hashrate is currently 52 petahashes per second, representing about 0.005% of the bitcoin network's total hashrate. The pool's success in retaining hashrate through a 48-day gap suggests its model may sustain participant interest over time.
Parasite Pool Mines Second Bitcoin Block, Validates Hybrid Model
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