Had a great time At inscribing Vegas, an unexpected thing I learned was about BTC parasite Pools. For a little guy like me this seems great! What are you thoughts?
Parasite Pool is a Bitcoin mining pool designed to decentralize the mining process by supporting smaller, individual miners, often referred to as "pleb" miners. Unlike traditional mining pools, which distribute block rewards proportionally based on each miner’s computational power, Parasite Pool uses a unique payout structure: the miner who finds a block receives 1 BTC, while the remaining reward (currently 2.125 BTC plus transaction fees) is shared among all active pool participants via Lightning payments, a fast and low-cost Bitcoin transaction method. This hybrid approach blends lottery-style mining—offering a big reward to the block finder—with pooled mining, ensuring all contributors benefit. With zero fees and instant payouts, Parasite Pool aims to make mining more accessible and equitable, challenging the control of large, centralized mining operations. Currently in beta, it is already operational and attracting participants [1][2][3].
**Citations:**
1. "Parasite Pool: Igniting the Mining Insurrection," zkshark.substack.com.
2. "'Plebs eat first': How Parasite Pool plans to disrupt the mining pool model," Blockspace Media, blockspace.media.