based on size of capital investment, since you can optimize and have a bigger mining operation with more money?
In POW you have difficulty and hashrate as well. All technical advancements (asics) aside. You need to deploy capital in order to grow/keep your influence.
No this is the biggest brain fart of crypto you don't need capital to value somthing
That is not what I said
Yes but we need to work backwards. You work for a company that paying you in company pool tokens. To mint the tokens the company need to pay assets/mcap and gets more pool share. Now you add shares governance voting for %compounding, %payments ect If these pools are locked forever you have a completely proof of labor system
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