• 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

Impact of US Midterm Elections on Bitcoin Price

chest

Analysis of Bitcoin's performance during US midterm elections and its potential impact on price.

user avatarJesper Sørensen

Bitcoin Price Recovery Amid Geopolitical Tensions

chest

Bitcoin has been on a steady recovery journey over the past few weeks, with several attempts at a sustained break above the 74,000 level, despite ongoing geopolitical tensions.

user avatarRajesh Kumar

Solana Faces Mixed Signals as Price Tightens

chest

Solana's price is showing mixed signals as it tightens beneath key resistance levels, with early signs of momentum weakness emerging.

user avatarFilippo Romano

Emerging Weakness in Solana's Structure Noted

chest

Analysts highlight emerging weakness in Solana's structure, with potential for a broader move lower if key support levels are broken.

user avatarLucas Weissmann

Ripple's Legal Victory Over SEC Confirmed by Token Taxonomy

chest

Ripple's survey comes just as the SEC released a token taxonomy that confirmed XRP is a digital commodity, not a security.

user avatarEmily Carter

Private Crypto Holders Face Significant Losses Due to New Malware

chest

Private crypto holders faced significant losses due to a new iOS malware called Ghostblade, which targets sensitive data and personal information.

user avatarTomas Novak

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.