Thai police and electricity authorities announced on Sunday that they had raided an illegal Bitcoin mine in a local village after receiving reports of frequent power outages in the area over the past few weeks.
(AFFE) Reported A house in Ratchaburi province, west of Bangkok in central Thailand, has been raided by local power officials and local police, officials said.
Jamnong Chanwong, the local security chief, said the blackout began in mid-July, probably when the mine was fully operational. Thai authorities said the mine operator paid little in fees for the high power consumption. However, authorities have not arrested anyone at the mine.
Southeast Asian countries have emerged as popular destinations for Bitcoin miners due to their cheap electricity, skilled labor, and well-developed infrastructure, especially since China banned all cryptocurrency mining operations in 2021.
Last week, Malaysian authorities reported: 985 Bitcoin mining rigs destroyed. As Malaysia continues its crackdown on power theft linked to Bitcoin mining activities, the value of the theft is estimated at around 1.98 million Malaysian ringgit ($452,500). Police in Malaysia’s Sepang District have also Arrest 7 people Earlier this month, he was arrested for allegedly running a Bitcoin mining operation using stolen electricity.
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