Thanks for reading and for your reply. At first that is what I thought too. Obviously we do not know for sure unless/until this design is tried in the real world. 

However, on further reflection, it does not seem so clear cut. If you imagine that the sharechain has some notable featureset that people want to use, then it is reasonable to expect the price to be (perhaps barely) positive. Additionally, since the sharechain has its own difficulty adjustment, it seems natural to think that some sort of price/difficulty equilibrium would be reached.



VzxPLnHqr

bitcoin_Mining

p2share: how to turn any sh*tcoin/network into a bitcoin mining pool

The shrinking-pie effect of the shares per block rewards early miners but leaves later miners with barely any reward. I find it hard to believe that miners would rather mine on a "sharechain" with these incentives than mine with a regular pool.