Despite the fact that a complete ban on mining has been in effect in China for several months, not all cryptocurrency miners wanted to transport equipment to other countries – some chose to continue their activities in the country illegally. However, large farms cannot be hidden like an awl in a sack – they are quite easy to calculate by energy consumption, and caring people can point to a place where forbidden (for some time now) activities are carried out. This is exactly what happened with a large farm located in the Bayan-Nur urban district of Inner Mongolia.
Interestingly, the farm was located in the Small and Medium Business Development Park, a special zone that, as a rule, has tax and rental benefits. The authorities seized 10,100 “mining machines”. Most likely, we are talking about ASIC systems, but surely a lot of video cards were included in the farm. All equipment reportedly consumed about 1104 kWh of energy.
Inner Mongolia became one of the first Chinese regions to be affected by the cryptocurrency mining ban. Within the framework of the Inner Mongolia Development and Reform Commission, a platform for complaints against miners has been created, and an interdepartmental mechanism has been developed to respond to such complaints. The result of the Commission’s work is 45 closed farms of various sizes and a theoretical savings of 6.58 billion kWh of electricity per year, which is approximately equivalent to burning 2 million tons of coal.
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