Apologies, too high concept, much tiny brain

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It proves the Energy Theory of Value. Which in turn disproves the labour theory of value. Marx himself even began to understand this later in his life as he witnessed the effect machines were having on the economy.

Cybermarxism.

Meiner Meinung nach gibt PoW dem Netzwerk Sicherheit durch Arbeit. Allerdings resultiert aus der geleisteten Arbeit der Miner kein direkterer Wert sondern nur ein Mehrwert. Es wird also Arbeit geleistet, welche aber bei niedrigem marktbestimmten Kurs ineffizient wird, aber gleichzeitig dem Netzwerk ...

OnlyFans begs to differ. Subjective Value Theory remains undefeated 😉

Human labor work is not the same as energy expenditure work. There are two definitions of work being conflated in this statement... But yes it's a good meme.

PoW is a means not an end. Value is an end. Comparing the two is a category error.

Also, the concept of PoW doesn’t care about quantity of work done, which the opposite of Marx’s LTV. For Marx, a block mined after processing a billion failed hashes would be more valuable than a block mined from a lucky miner who found the block on the first hash. PoW is about proving the wor...