pull down to refresh

I ignored this initially because the announcement blog was so loud with AI noise, I couldn't read more than a few words. The pool's website is cool though, and they have a creative payout structure.

The pool makes no money, pro-bono or its just promotional I guess, but the runner perhaps has enough hash that they are happy to just reduce their payout variance.

The payout is the most interesting thing to me - it's like a combination of lottery mining and PPLNS (afaict ... they don't really delve into it if you know what I mean):

Parasite’s coinbase logic hands 1 BTC to the block finder, splitting the rest (2.125 BTC plus fees) among non-winners via Lightning. Small rigs top the hierarchy, exposing legacy pools’ bias toward corpos.

Creating mining pools is cool again I guess.

this territory is moderated
50 sats \ 0 replies \ @OT 13 May

I might wait for them to find a block first to see if the payout is what it says.

I like the website too!

reply

Still going strong https://parasite.space/

reply