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The New King of Crypto

The world’s #2 country for Bitcoin mining just turned off the internet.

The New King of Crypto

That’s sparking a massive exodus of cryptocurrency mining companies from the country. And it stands to be a windfall for America’s booming crypto sector.

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Cryptocurrency mining companies operate servers that support the blockchain for Bitcoin and other altcoins. And China had recently been the #1 country for these crypto mining operations.

However, China made cryptocurrency mining illegal last year.

That forced the crypto miners to leave the country. Many of them set up operations in Kazakhstan – which has become the #2 country for digital currency miners.

Kazakhstan is a major player – with a 18% market share of the Bitcoin network.

For years, Kazakhstan used price controls to keep the price of gasoline low. Gas prices doubled after the price controls were removed. And protesters have recently taken to the streets.

The government literally turned off the Internet last week. The goal was to limit communication and organization by protesters.

However, it also had another consequence…

Bitcoin miners in the country went completely dark. Because you can’t mine crypto without access to the Internet.

Kazakhstan has since restored some internet access. However, mining operations are now at just 5% of normal levels.

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America Becomes Crypto Mining King

Now, this is bad news if you’re running a crypto mining operation in Kazakhstan. I’m willing to bet that you are NOT.

Fortunately, this is great news for America’s emerging crypto mining sector.

Companies that mine digital currencies need just two things:

  1. Cheap energy
  2. Uninterrupted high-speed internet connectivity

America has both.

The U.S. ranks #14 among countries for the lowest cost of electricity. Meanwhile, it’s easy to get high speed internet connections throughout the country.

Perhaps most important is that America has a strong rule of law.

  • Last year China decided that it didn’t want to be a host country for Bitcoin miners – due to environmental concerns. It made the activity illegal overnight. And boom – the next day crypto mining in China disappeared.
  • This week Kazakhstan decided that protests posed a political risk. So, they turned off the internet completely – temporarily putting crypto miners offline.

Nothing like that will ever happen in the U.S. And that’s because we actually have a rule of law and legal concepts like due process.

Here in America we take it for granted. But it’s not the same everyone else in the world.

America is already becoming a mecca for digital currency miners.

This move by Kazakhstan will result in more miners turning to the U.S. for a safe, secure and stable place to do business. And that’s one reason I’m expecting big gains crypto miners located in stable jurisdictions.

Stability for the blockchain is critical for this emerging industry to go mainstream.

The price of Bitcoin already fell below $42,000 this year. And the biggest cryptocurrency gains in the New Year will NOT be from Bitcoin.

Instead, it’s a new group of digital currencies that will see the biggest profits.

These “Crypto Moonshots” are already seeing huge gains in less than 1-year. I’m talking about quick profits of 5,146%… 7,933%… and even 12,254%!

So, what are the next altcoins that are preparing to takeoff? And how can you get in early – before a big move?

Discover exactly how inside the Crypto Moonshot Summit.

Inside this urgent briefing you’ll discover:

  • Why the crypto bull market could continue for 5-months
  • How $2.7 trillion in capital rushed into cryptos
  • Why a select group of coins could takeoff on within the next 30 days.
  • 3 simple steps for finding “the Next Bitcoin”
  • #1 crypto to buy now – NAME and TICKER

This LIVE briefing is unlike anything you’ve seen before. And you will NOT want to miss out…

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Yours in Wealth,
Ian Wyatt

Discover Ian Wyatt’s unstoppable growth trends for big profits. Plus, he’ll send exclusive and actionable ideas directly to your email inbox. Just enter your email right now.

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