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

Thai Authorities Discover Illegal Bitcoin Mining in Chonburi

user avatar

by A1

9 hours ago


A Bitcoin mining farm in Chonburi has been raided, revealing illegal electricity use.

Raid and Discovery

On January 9, 2025, a raid conducted with the Crime Suppression Division (CSD) led to the seizure of nearly 1,000 Bitcoin mining rigs in Chonburi. The rigs were illegally connected to the power grid, causing substantial financial losses.

Consequences and Investigation

The mining farm disguised its high power consumption during nighttime, violating laws. Investigation is ongoing, and the identities of the operators are yet to be determined. In response, Thailand's Provincial Electricity Authority (PEA) plans to increase measures to prevent electricity theft.

Broader Context

Similar cases of illegal electricity use have occurred in Thailand previously. In 2024, other illegal mining farms were discovered, causing local blackouts. The issue of illegal Bitcoin mining is not unique to Thailand; similar incidents have been seen in Russia. Additionally, in November 2024, Binance's Chief Marketing Officer Rachel Conlan stated that Thailand is one of the exchange's top 20 global markets.

Incidents of illegal mining and electricity theft continue to be a concern in Thailand, but authorities are actively addressing the issue.

0

Share

Other news

Trump Rally: Solana Memecoin Attracts Investors

Trump Rally, a new Solana-based memecoin, could rise by 19,000% due to listings on major exchanges.

user avatarA1

11 minutes ago

SEC Chair Gary Gensler Critiques Cryptocurrencies

Gary Gensler of the SEC shared his criticism on cryptocurrencies, predicting many projects will fail due to non-compliance issues.

user avatarA1

11 minutes ago

Qubetics Sets New Standards: Polkadot and SEI in Its Shadow

Qubetics showcases presale success and blockchain innovations. Polkadot and SEI follow suit: analysis of a new star.

user avatarA1

38 minutes ago

Peter Brandt: Bitcoin May Face Head-and-Shoulders Pattern

Analyst Peter Brandt discusses the potential head-and-shoulders pattern for Bitcoin and its price implications.

user avatarA1

39 minutes ago

Cryptocurrency Prospects: Toncoin, Avalanche, and BlockDAG Analysis

Toncoin, Avalanche, and BlockDAG lead the crypto market with promises of significant growth and novel programs.

user avatarA1

39 minutes ago

Meme Coins: From Jokes to Investment Opportunities

While PNUT and GOAT draw investor attention, BTFD Coin shows outstanding presale activity.

user avatarA1

40 minutes ago

dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

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.