Notification
Mycryptopot
  • Home
  • News
  • Crypto
    • Altcoins
    • Bitcoin
    • Blockchain
    • Cardano
    • Ethereum
    • Nft
    • Solana
    • XRP
    • Tron
  • MarketCap
  • Market
  • Forex
  • Mining
  • Metaverse
  • Exchange
  • Regulations
  • Analysis
    • Crypto Bubbles
    • Multi Currency
    • Evaluation
Reading: Bitcoin ‘plebs eat first’ mining pool Parasite finds its second BTC block
Share
bitcoin
Bitcoin (BTC) $ 75,017.00
ethereum
Ethereum (ETH) $ 2,309.41
tether
Tether (USDT) $ 1.00
bnb
BNB (BNB) $ 619.80
usd-coin
USDC (USDC) $ 0.999944
xrp
XRP (XRP) $ 1.42
binance-usd
BUSD (BUSD) $ 0.998495
dogecoin
Dogecoin (DOGE) $ 0.093604
cardano
Cardano (ADA) $ 0.245063
solana
Solana (SOL) $ 84.58
polkadot
Polkadot (DOT) $ 1.25
tron
TRON (TRX) $ 0.333188
MycryptopotMycryptopot
Search
  • Home
  • News
  • Crypto
    • Altcoins
    • Bitcoin
    • Blockchain
    • Cardano
    • Ethereum
    • Nft
    • Solana
    • XRP
    • Tron
  • MarketCap
  • Market
  • Forex
  • Mining
  • Metaverse
  • Exchange
  • Regulations
  • Analysis
    • Crypto Bubbles
    • Multi Currency
    • Evaluation
© 2024 All Rights reserved | Powered by Crypto My Crypto Pot
Mycryptopot > Uncategorized > Mining > Bitcoin ‘plebs eat first’ mining pool Parasite finds its second BTC block
Mining

Bitcoin ‘plebs eat first’ mining pool Parasite finds its second BTC block

April 19, 2026 4 Min Read
Share
image
mycryptopot

A bitcoin mining pool constructed to reject each the economic pay-per-share mannequin and the pure lottery method has now proved its design works. Twice.

Upstart mining pool Parasite Pool mined block 945,601 on Friday morning, its second block since launching in April 2025 and roughly 48 days after the pool’s first block at #938,713 in late February.

mycryptopot

The block carried 7,398 transactions and 0.002 $BTC in charges, touchdown with bitcoin buying and selling at $76,213.

pic.twitter.com/2AdCi00t2V

— Parasite Pool (@Parasite_wtf) April 18, 2026

The pool operates on a hybrid mannequin that has no parallel in mainstream mining. A profitable miner that solves a block receives 1 $BTC outright, with the remaining 2.125 $BTC plus charges distributed proportionally amongst all pool contributors primarily based on shares submitted for the reason that earlier block.

There aren’t any charges to participate on this pool, and payouts are routed by way of the Lightning Community.

Mining secures bitcoin by having computer systems compete to unravel a cryptographic puzzle each 10 minutes, with the winner incomes the suitable so as to add the following block of transactions to the blockchain and gathering a reward.

mycryptopot

That reward is presently 3.125 $BTC plus no matter transaction charges are bundled in, value about $238,000 at Friday’s worth, down from 6.25 $BTC after the April 2024 halving and scheduled to drop once more to 1.5625 $BTC in 2028.

The competitors is dominated by industrial operators working warehouse-scale amenities of specialised ASIC {hardware} that pulls sufficient electrical energy to rival a small metropolis.

Mining swimming pools exist to easy the variance of who finds blocks, bundling the hashrate of hundreds of contributors so the proceeds get cut up by contribution fairly than winner-take-all.

Parasite is based by ZK Shark, the pseudonymous creator of Ordinal Maxi Biz (an NFT assortment on Bitcoin), and targets the house miner.

Pure solo swimming pools like CKpool pay the complete block reward minus a 2% payment to the finder, however statistical actuality means the overwhelming majority of contributors by no means see a block.

However Parasite’s reply is to separate the distinction. The 1 $BTC finder’s payment preserves the lottery payday, whereas proportional distribution of the rest retains satoshis flowing to contributors through the stretches between blocks.

The second block carries extra weight than the primary. The pool retained hashrate by way of the 48-day hole between payouts, and the proportional distribution mechanics now have two rounds of actual validation fairly than one.

Parasite’s hashrate presently sits at 52 petahashes per second, down from a peak of 182 PH/s in June 2025, in line with the pool’s dashboard. That works out to roughly 0.005% of bitcoin’s estimated 1-zetahash community hashrate.

The sample round solo and small-pool mining has been working scorching.

CoinDesk reported earlier this 12 months on a 230 terahash-per-second house miner who beat 1-in-28,000 odds to say block 943,411 and a $210,000 reward, and on a separate operator who rented $75 of cloud hashrate to validate block 938,092 through CKpool for a $200,000 payday. Each wins adopted the CKpool mannequin of winner-take-all minus a 2% payment.

Parasite is the primary pool at this scale to check whether or not a hybrid cut up retains contributors mining by way of the shedding stretches. A 3rd block inside the following two months would settle the case for Parasite’s mannequin, whereas a six-month drought would counsel the primary two had been the straightforward ones.

mycryptopot

You Might Also Like

Bitcoin Exchange Upbit Announces Listing of This Altcoin on Its Spot Trading Platform! Here Are the Details

Bank of England probes data-mining lending strategies fueling AI bets

When Will Cardano (ADA) Challenge $3 All-Time High in 2025?

Unprecedented Success for XRP! “Became the Most Traded Altcoin in 2025!”

Cardano: ADA ETF Odds Hit 75% as Path to $1 Becomes Clear

TAGGED:MiningMining NewsNews
Share This Article
Facebook Twitter Copy Link
Previous Article image The Oil Cliff of April 19 Could Affect Bitcoin Again
Next Article image Top 10 NFT Performers by Weekly Sales Volume, Courtyard Outshines
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

- Advertisement -
mycryptopot

Popular News

Tangle Network Partners with Orochi Network to Advance Blockchain Capabilities
Tangle Network Partners with Orochi Network to Advance Blockchain Capabilities
SONEX launches on Soneium’s mainnet 
SONEX launches on Soneium’s mainnet 
Shiba Inu
Solana Unveils “Seeker” Phone: Will SOL Spike To $250 Now?
Shiba Inu
Cardano: Recent Poll Has ADA Beating Out Ethereum & Solana
image
Circle’s Allaire says no KRW stablecoin, but eyes South Korea expansion
Highlights From ABS2024 In Taipei: 13,245 Attendees Gather For Asia’s Premier Blockchain Summit
Highlights From ABS2024 In Taipei: 13,245 Attendees Gather For Asia’s Premier Blockchain Summit
- Advertisement -
mycryptopot

You Might Also Like

image
Market

Tim Draper Leads $3.2M Seed Round for Ryder to Simplify Crypto Wallet Recovery

October 20, 2025
image
Mining

Georgia Election Results Spark Uncertainty for Bitcoin Miners

November 10, 2025
Bybit Lists AI16Z with 50,000 AI16Z Prize Leading To a Surge
Exchange

Bybit Lists AI16Z with 50,000 AI16Z Prize Leading To a Surge

January 7, 2025
UAE Leads World in Crypto Obsession, Study Finds
Market

UAE Leads World in Crypto Obsession, Study Finds

March 24, 2025
Mycryptopot

"Welcome to MyCryptoPot, your go-to source for the latest insights and developments in the ever-evolving world of cryptocurrency.

Editor Choice

Wall Street’s Bitcoin Miners Boost Production, but Revenue Falls for 4th Straight Month
Pieverse and RootData Partner to Boost AI Crypto Research
The Smarter Web Company’s UK IPO to Include Retail Access and Bitcoin Treasury Plan

Follow Us on Socials

We use social media to react to breaking news, update supporters and share information

Facebook Twitter Telegram
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms of Service
Reading: Bitcoin ‘plebs eat first’ mining pool Parasite finds its second BTC block
Share
© 2024 All Rights reserved | Powered by Crypto My Crypto Pot
Welcome Back!

Sign in to your account

Lost your password?