Dalad Banner

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Dalad Banner
达拉特旗ᠳᠠᠯᠠᠳᠬᠣᠰᠢᠭᠤ
Dalad is located in Inner Mongolia
Dalad
Dalad
Location in Inner Mongolia
Coordinates: 40°24′N 110°02′E / 40.400°N 110.033°E / 40.400; 110.033
CountryPeople's Republic of China
RegionInner Mongolia
Prefecture-level cityOrdos
Elevation
1,009 m (3,310 ft)
Population
 (2017)
 • Total370,000[1]
Time zoneUTC+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.[1] 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.[1]

References

  1. ^ a b c "In China's Hinterlands, Workers Mine Bitcoin for a Digital Fortune". New York Times. September 13, 2017.

External links