SUMMARY
As a zero-fee, decentralized Bitcoin mining pool, Parasite Pool offers a new way to mine that rewards individual miners—especially plebs—with fairness and transparency. However, unlike traditional mining pools, it uses a unique authentication system that combines your Xverse wallet, Lightning address, and miner configuration. This guide will walk you step-by-step through the process of joining Parasite Pool.
Step 1: Set Up a New Xverse Wallet
Parasite Pool requires a clean, brand-new Xverse wallet that will act as your identity when connecting your miner.
- Create a new wallet (not just a new account under an existing wallet)
- Make sure this wallet contains no Bitcoin or Ordinals
- Securely back up your private key – do not share it with anyone
You can download the Xverse Wallet extension or mobile app from https://www.xverse.app.
Step 2: Connect to Parasite Pool
Visit https://parasite.sati.pro and follow these steps:
- Connect your newly created Xverse wallet
- Complete the wallet signature to verify ownership
- You’ll be assigned a static Lightning address (lnURL)
- Copy and save this static ln address—it will be used as part of your miner username
Step 3: Configure Your ASIC Miner
Now that your wallet is ready, it’s time to set up your miner. Parasite Pool supports any ASIC miner (e.g., Antminer S21, WhatsMiner M63, Avalon A1566,Bitaxe Gamma 601, etc.). Go to your miner’s dashboard and locate the “Pool Settings” section. Then, enter the following information:
- Stratum URL:stratum+tcp://parasite.wtf
- Port:42069
- Username format
- Password:Any password (this field is not checked)
Once configured, save your settings and reboot your miner if necessary.
Checklist Before Mining
- Brand new Xverse wallet created
- Connected to parasite.sati.pro and copied static ln address
- ASIC miner properly configured with correct stratum, port, and username format
- Miner is online and submitting shares
You can monitor your miner’s activity on https://parasite.sati.pro by reconnecting your Xverse wallet.
Important Risk Notice
Parasite Pool is still in beta testing. As of now:
- The pool has not yet mined a block
- There is no guaranteed income
- Participation involves risks including:- Market volatility
- Hardware failure
- Increasing network difficulty
- Lack of short-term rewards
Mining Bitcoin is inherently speculative. Do your own research and consider your financial situation before participating.
Final Thoughts
Parasite Pool offers a novel approach to Bitcoin mining—eliminating fees, embracing decentralization, and rewarding both block finders and regular contributors. If you’re a pleb miner looking for a fairer playing field, this pool might be worth exploring. Just remember: it’s early. And with early adoption comes both opportunity and risk.
