The Libertarian Party Position on Bitcoin Mining ⛏️
Preamble Bitcoin mining is an innovative and emerging demand-side energy market participant, contributing significantly to grid stability, reliability, and flexibility. By monetizing unused, unwanted, or otherwise stranded capacity and resources, Bitcoin mining has brought improved energy economics to the grid. It leverages excess capacity, balancing supply and demand during off-peak times, and enhancing grid efficiency. As this industry grows, Bitcoin miners are uniquely positioned to support a more resilient and responsive energy infrastructure through flexible, scalable, and market-based solutions.
Standpoint: We advocate that Bitcoin miners, like any other industry stakeholders, be granted equal rights and protections as legitimate market participants. Regulations should neither favour nor penalise specific industries based on their business type. Specifically, we encourage the following:
1. Equal Access to Energy Resources Bitcoin miners should have the same access to electricity as other energy-intensive industries. Regulators should adopt policies that ensure a non-discriminatory approach, preventing any restriction or surcharge on energy use solely because of the nature of Bitcoin mining operations.
2. Participation in Market-Based Energy Programs Bitcoin miners should have the right to participate fully in power purchasing agreements (PPAs), access wholesale electricity rates, and provide frequency-based ancillary services or other services available to all market participants. Allowing miners to engage in these market-based programs ensures they can contribute to grid stability, increase demand flexibility, and pursue energy efficiency on competitive terms.
3. Protection Against Targeted Regulation We oppose any targeted restrictions or burdensome regulation of Bitcoin mining that does not apply to other industries with similar energy demands. Any regulatory measures should be technology-neutral, focusing instead on overall market stability, grid integrity, and environmental standards applicable to all heavy electricity users.
4. Recognition of Economic and Technological Contributions Bitcoin mining contributes to economic growth, local job creation, and technological advancement. Acknowledging the positive impact of this sector will encourage innovation and help Australia maintain its leadership in emerging technologies.
Conclusion The Libertarian Party calls on policymakers and energy regulators to adopt a bipartisan stance on Bitcoin mining, recognizing it as a legitimate industry deserving equal treatment. Protection against discriminatory practices will create a stable regulatory environment and allow the Bitcoin mining sector to thrive alongside other industries, ensuring a more competitive, innovative, and free-market economy in Australia 🇦🇺
If bitcoin is your money 💵 the libertarians are you political party.
Libertarian Party Position on Bitcoin Mining:
Preamble Bitcoin mining is an innovative and emerging demand-side energy market participant, contributing significantly to grid stability, reliability, and flexibility. By monetizing unused, unwanted, or otherwise stranded capacity and resources, Bitcoin mining has brought improved energy economics to the grid. It leverages excess capacity, balancing supply and demand during off-peak times, and enhancing grid efficiency. As this industry grows, Bitcoin miners are uniquely positioned to support a more resilient and responsive energy infrastructure through flexible, scalable, and market-based solutions.
Standpoint: We advocate that Bitcoin miners, like any other industry stakeholders, be granted equal rights and protections as legitimate market participants. Regulations should neither favour nor penalise specific industries based on their business type. Specifically, we encourage the following:
1. Equal Access to Energy Resources Bitcoin miners should have the same access to electricity as other energy-intensive industries. Regulators should adopt policies that ensure a non-discriminatory approach, preventing any restriction or surcharge on energy use solely because of the nature of Bitcoin mining operations.
2. Participation in Market-Based Energy Programs Bitcoin miners should have the right to participate fully in power purchasing agreements (PPAs), access wholesale electricity rates, and provide frequency-based ancillary services or other services available to all market participants. Allowing miners to engage in these market-based programs ensures they can contribute to grid stability, increase demand flexibility, and pursue energy efficiency on competitive terms.
3. Protection Against Targeted Regulation We oppose any targeted restrictions or burdensome regulation of Bitcoin mining that does not apply to other industries with similar energy demands. Any regulatory measures should be technology-neutral, focusing instead on overall market stability, grid integrity, and environmental standards applicable to all heavy electricity users.
4. Recognition of Economic and Technological Contributions Bitcoin mining contributes to economic growth, local job creation, and technological advancement. Acknowledging the positive impact of this sector will encourage innovation and help Australia maintain its leadership in emerging technologies.
Conclusion The Libertarian Party calls on policymakers and energy regulators to adopt a bipartisan stance on Bitcoin mining, recognizing it as a legitimate industry deserving equal treatment. Protection against discriminatory practices will create a stable regulatory environment and allow the Bitcoin mining sector to thrive alongside other industries, ensuring a more competitive, innovative, and free-market economy in Australia.
If bitcoin is your money, the libertarians are your political party.
Signed up my fellow electrical wholesaler to @walletofsatoshi this morning. Welcome to bitcoin shiftybrass60@walletofsatoshi the first day of the rest of your life. We’re on the bitcoin standard now 🧡🫡🇦🇺🟠 
All Australians 🇦🇺 will pay for this whether you went to university or not. It’s how fiat debasement works. The reason fiat currency use is so pernicious is because the theft is aggregated across the whole population, for they most part they don’t even understand what’s going on. They just know that things are getting much more expensive. 
Vote 🗳️ @LibertariansAus 🇦🇺 so that we can end this garbage 🗑️
A small town surf club was forced by an Indigenous corporation to pay $2000 for the right to stage surf events on a public beach so the group could fund its “welcome to country” ceremonies. 
“Buy off the media” 😂🤣
Put the meth pipe down chief.
Vote 🗳️ @LibertariansAus and they’ll work hard to keep production costs down. Vote the duopoly and the costs of production explode upward even faster 💨 
Vote 🗳️ @LibertariansAus in Australia 🇦🇺 if you’d like to see less government theft 🛑🧡🟧🟠🫡 
