Given the 1-2M initial stake requirement to be able to operate a profitable (long term viable) staking pool, how is this supposed to further the decentralization? At adapools.org one can see that about 70% of all registered pools has a 0 BPE (Block per epoch) reward = no income (right?).
Even if the initial staking requirement was reduced by 99% by some mechanism it would still mean that 10’000 - 20’000 ADA would be required to be able to run a long term viable staking pool, which is probably far beyond what many average income end-user has available has “play money” for an “interesting project”.
In my mind it should result in an increased centralization, instead of de-centralaziation?
Or am I missing something important regarding the staking model?