I recently came across a project called Parasite Pool, currently in beta, which introduces an alternative model to traditional Bitcoin mining.
The concept is framed as a response to the growing centralization in mining, where a handful of pools control most of the global hashrate often using distribution models (such as FPPS or PPS) that can disadvantage small-scale home miners. Parasite aims to refocus on the individual miner, offering some notable features:
No fees for participants;
- Very low payout threshold (10 satoshis);
- Lightning Network payouts with simplified integration;
- Block reward distribution that gives 1 BTC to the block finder, and the remainder to other participants;
- Payouts are made only after a block is found (no pre-payments).
The project is still in testing and has not yet found a block, but it aims to provide a more decentralized and accessible alternative for smaller miners.
The full article explaining the technical and economic design is available here, written by ZkShark.
https://zkshark.substack.com/p/parasite-pool-igniting-the-mining Has anyone here heard of Parasite Pool or tried it out?
I'm interested to know whether it might be a viable option over time,
especially as we head into future halvings.
https://parasite.space/