#023 - Don’t Mine Bitcoin In Australia (Until you watch this)
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Start your Bitcoin mining journey today 👉 https://www.miningstore.com.au/mining-consultation-ccw-yt
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Why Australia pays the world's highest energy prices, and why that kills Bitcoin mining here.
◼️ Australia's gas resources handed to foreign corporations under favourable tax deals
◼️ Decades of political decisions destroyed our energy advantage
◼️ High energy costs killing manufacturing, data centres, and crypto operations
◼️ Bitcoin mining IS profitable…just not in Australia
◼️ Mining Store's global pathway: access 25% Australian energy rates
Timestamps:
00:00:00 Introduction
00:00:07 - Why Australia Pays Some of the Highest Energy Prices
00:00:30 - How Foreign Corporations Took Control of Australian Gas
00:00:54 - Missed Royalties and the Loss of Australia's Energy Advantage
00:01:37 - Impact of High Energy Costs on Industry and Bitcoin Mining
00:02:03 - The Fix: Royalties, Tax Reform, and Domestic Energy Reserves
00:02:35 - Why Mining Store Won't Host Bitcoin Mining in Australia
00:03:12 - The Real Issue: Bitcoin Mining vs Bitcoin Mining in Australia
00:04:24 - How Mining Store Built a Profitable Global Mining Pathway
00:05:11 - Accessing Energy Prices at 25 Percent of Australian Rates
00:05:46 - Why Australia Is Losing the Bitcoin Mining Race
00:06:30 - How Australians Can Still Access Profitable Mining Conditions
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DISCLAIMER
This is not financial, investment, or business advice. Bitcoin mining carries risks including market volatility, technical complexity, and regulatory changes. Past performance does not guarantee future results. Consult qualified financial and tax advisors before making mining or investment decisions. Energy costs, profitability, and market conditions vary by location and time.