Thai Authorities Raid Multiple Illegal Bitcoin Mining Farms, Seize 315 Mining Rigs

According to the Bangkok Post, Thailand’s Ministry of Interior, Provincial Electricity Authority, police, and local administrative officials conducted inspections at 14 illegal Bitcoin mining sites across five provinces in northeastern Thailand, seizing 315 cryptocurrency mining devices. Investigators found evidence of tampered electricity meters and unauthorized power connections at these locations to operate the mining equipment. The report estimates total losses at 40.38 million Thai baht (approximately USD 1.24 million), including a 5.38 million baht (approximately USD 165,000) fine for electricity violations and roughly 35 million baht (approximately USD 1.07 million) in unpaid electricity bills. Authorities have collected evidence and filed complaints against those involved.