• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Illegal Bitcoin Mining Farm Discovered and Shut Down in Thailand

user avatar

by Giorgi Kostiuk

2 years ago


  1. Power Grid Issues
  2. Investigation and Authorities' Actions
  3. Previous Cases of Illegal Mining

  4. Thai authorities conducted a raid on an illegal Bitcoin mining farm in Ratchaburi following complaints about frequent power outages.

    Power Grid Issues

    Jamnong Chanwong, a chief district security officer, explained in the AFP report that the operation likely became fully operational in mid-July, coinciding with the start of the power outages. The unregistered mining activity caused frequent power outages and posed significant risks to the electrical infrastructure, potentially leading to long-term damage and higher costs for local residents.

    Investigation and Authorities' Actions

    Bitcoin mining rigs consumed large amounts of electricity without proper payment, raising suspicions and prompting the raid. By the time authorities entered the property, much of the equipment had been moved, and no arrests were made.

    Previous Cases of Illegal Mining

    Earlier this month, an Airbnb host discovered her guests had been mining crypto at her property, resulting in a $1,500 electricity bill.

    Illegal mining continues to be a significant issue, impacting electrical grids and causing financial losses. Authorities continue to combat such cases to prevent damage and ensure fair use of resources.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Ethereum Faces Volatility Around $2,000 Mark

chest

Ethereum is experiencing heightened volatility as it hovers around the critical $2,000 threshold, with limited conviction in price stabilization.

user avatarMaya Lundqvist

Cumulative Exchange Netflows Limit Bitcoin's Price Expansion

chest

Cumulative exchange netflows are a critical constraint on Bitcoin's price expansion.

user avatarKaterina Papadopoulou

Ripple Shifts to Decentralized Funding for XRPL Builders in 2026

chest

In 2026, Ripple is transitioning to a decentralized funding model for builders on the XRP Ledger, aiming to reduce reliance on Ripple-linked programs and enhance ecosystem growth through independent organizations and DAOs.

user avatarLi Weicheng

Ripple Unveils FinTech Builder Program for XRPL Startups

chest

Ripple has launched a new FinTech Builder Program aimed at supporting startups that are developing institutional-grade financial applications on the XRP Ledger.

user avatarLeo van der Veen

Dogecoin's Profit Days Metric Surpasses 1,100

chest

Dogecoin's Profit Days metric has reached a historic high, surpassing 1,100 days, indicating sustained profitability among holders.

user avatarBayarjavkhlan Ganbaatar

Bullish Sentiment Grows Among Dogecoin Traders

chest

Bullish sentiment is growing among retail and whale traders for Dogecoin, with significant long positions on major exchanges.

user avatarAisha Farooq

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.