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Deep within China, Bitcoin hangs on

Cryptocurrencies hold promise for Xi even after crackdown

A bitcoin mine in the Qinghai Province city of Delingha. The inland province hopes that the virtual currency industry will help boost its economy. (Photo by Yusho Cho)

SHANGHAI -- Bitcoin, chased away by Chinese authorities last year, is far from gone.

At an industrial park in the Qinghai Province city of Delingha, 2,700km west of Shanghai and nearly 3,000 meters above sea level, the buzz of fans can be heard from one building: a bitcoin mine.

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