• 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

10 months 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

Financial Markets Watch Trade Talks Closely

chest

Financial markets are closely monitoring the trade discussions between Trump and Xi, anticipating decisions that could affect global trade dynamics.

user avatarDavid Robinson

Mike's Journey from Unemployment to Financial Stability

chest

Mike, a former software developer, shares his experience of overcoming unemployment through cloud mining.

user avatarAndrew Smith

Gamestop's Influence on Retail Trading Resurfaces

chest

Gamestop has resurfaced in crypto discussions as retail traders revisit the short squeeze saga.

user avatarJesper Sørensen

EIRIO Announces Launch of Native Token EIO

chest

EIRIO announces the launch of its native token EIO, aiming to create a transparent and sustainable financial ecosystem.

user avatarJacob Williams

Shiba Inu Holds Steady While Market Awaits a Major Move

chest

The cryptocurrency Shiba Inu (SHIB) is experiencing low volatility and stagnant trading activity as the market awaits significant movements.

user avatarSon Min-ho

Little Pepe Passes Certik Audit, Boosting Investor Confidence

chest

Little Pepe has successfully passed a full security audit by Certik, enhancing its credibility in the crypto market.

user avatarAyman Ben Youssef

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.