So my question is: what's most important? Keeping the strength of each vote small? Or keeping the total number of rshares^2 low? Because if the former, I'll just spread the votes out on more posts. If the latter, I'd need to let some voting power go to waste.
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Aren't they the same?
If you're voting on unpopular contents, likely I won't notice them..
More posts is fine IMO (although I can't speak for abit). My downvoting bot will ignore whale votes when they only apply a small vote strength to an individual post. n^2 applies at the level of individual posts. So for example, a whale voting full power on one empty post, say for 10 "vote points", would generate a reward of 100, but voting 10% power on ten empty posts for 1 "vote point" each would generate a total reward of 10. In the former case the whale's influence is extreme and crowds out others (say those voting with 1 point maximum) from having any meaningful influence at all. In the latter cases it is not. (Unscaled hypothetical units, and not exact.)