Dalad Banner
Dalad Banner
达拉特旗 • ᠳᠠᠯᠠᠳᠬᠣᠰᠢᠭᠤ | |
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Banner | |
  Dalad Location in Inner Mongolia | |
| Coordinates: 40°24′N 110°02′E / 40.400°N 110.033°E | |
| Country | People's Republic of China |
| Region | Inner Mongolia |
| Prefecture-level city | Ordos |
| Elevation | 1,009 m (3,310 ft) |
| Population (2020) | |
| • Total | 328,593[1][2] |
| Time zone | UTC+8 (China Standard) |
Dalad Banner (Mongolian: ᠳᠠᠯᠠᠳ ᠬᠣᠰᠢᠭᠤ Далад қосиу Dalad qosiɣu; simplified Chinese: 达拉特旗; traditional Chinese: 達拉特旗; pinyin: Dálātè Qí) is a banner of western Inner Mongolia, People's Republic of China, lying on the southern (right) bank of the Yellow River. It is under the administration of Ordos City, although it is closer to the city of Baotou, 33 kilometres (21 mi) to the north-northwest.
Economy[]
The local industrial zone Dalad Economic Development Zone is home to chemical plants, aluminum smelters, and one of the world's largest bitcoin mining operations.[2] The operator of the zone's bitcoin mine Bitmain produced in 2017 about 5% of the world's daily production of Bitcoin in a facility with 25,000 computers tended to by about 50 employees.[2]
However, Inner Mongolia plans to ban cryptocurrency mining from April 2021.[3]
References[]
- ^ Inner Mongolia: Prefectures, Cities, Districts and Counties
- ^ a b c "In China's Hinterlands, Workers Mine Bitcoin for a Digital Fortune". New York Times. September 13, 2017.
- ^ "Bitcoin rises after China region declares war on crypto mining - BNN Bloomberg". March 2021.
External links[]
- Official site (in Chinese)
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- County-level divisions of Inner Mongolia
- Inner Mongolia geography stubs