Exactly. Selling a premine to "the public" is indistinguishable from selling only a fraction to the public, and the rest to yourself. While there is an opportun

Exactly. Selling a premine to "the public" is indistinguishable from selling only a fraction to the public, and the rest to yourself. While there is an opportunity cost to the latter, it may also serve to create an impression of large demand that further benefits the preminer.