• 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 Giorgi Kostiuk

a year 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

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

LiquidChain Aims to Solve Liquidity Fragmentation in Crypto

chest

LiquidChain is positioning itself as a Layer 3 infrastructure to address liquidity fragmentation in the crypto market.

user avatarFilippo Romano

LiquidChain Launches Innovative Crosschain Liquidity Layer

chest

LiquidChain, a Layer 3 infrastructure provider, is launching a new protocol designed to enhance crosschain liquidity and improve capital efficiency in transactions between Bitcoin, Ethereum, and Solana.

user avatarEmily Carter

Farcaster Founders Launch Tempo for Global Stablecoin Payments

chest

Dan Romero and Varun Srinivasan, the founders of Farcaster, have launched Tempo, a platform aimed at enhancing global stablecoin payment systems.

user avatarTomas Novak

Gold Price Faces Critical Test at 5100

chest

Gold is currently testing a crucial price level of 5100, with signs of consolidation and potential drops affecting its momentum.

user avatarKaterina Papadopoulou

SUBBD Token Presale Raises $147 Million Amid Strong Investor Interest

chest

The presale of SUBBD Token has raised $147 million, attracting strong interest from investors and offering a 20% APY for staking.

user avatarMaya Lundqvist

Bitcoin Hyper Attracts Investment Amid Market Downturn

chest

Bitcoin Hyper is gaining traction with significant investments from whales, raising $313 million in its presale despite the overall market decline.

user avatarLi Weicheng

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.