Re: Invictus Innovations ProtoShares Cheat Sheet | CPU Mining | Unofficial
Meaning there won't be sufficient return for serious miners after the initial launch period. Only the masses will bother once the masses are the majority of miners. 
You are banking on the irrationality of the masses. Not necessarily a bad bet, but it is a square peg treatment again that involves wasting energy.
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That was my most clever insight.
It is less clever than giving that value away without requiring the token of wasted energy.