Thai Authorities Raid Illegal Bitcoin Mining Operation Amid Power Outage
Ruholamin Haqshanas is a contributing crypto writer for CryptoNews. He is a crypto and finance journalist with over four years of experience. Ruholamin has been featured in several high-profile crypto...
Authorities in Thailand have cracked down on an illegal Bitcoin mining operation in Ratchaburi, a town west of Bangkok, following multiple complaints from residents regarding recurring power outages.
The raid, which took place on August 23, was initiated after a month-long investigation into unexplained blackouts that began in mid-July.
The investigation was conducted by the Provincial Electricity Authority (PEA) in collaboration with local police.
The authorities were alerted to a significant power drain that was traced back to a single house in the area.
Upon inspection, the house was found to be the center of a large-scale Bitcoin mining operation.
Jamnong Chanwong, the chief district security officer, revealed that the electricity consumption at the property was abnormally high.
Despite this, the payments made for the electricity were suspiciously low, suggesting that the operators were illegally siphoning power to sustain their mining activities.
The equipment was installed by a company that rented the house for about four months, coinciding with the period when the area’s power outages became severe.
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