Thai authorities raided an illegal bitcoin mine in Ratchaburi province, suspecting unpaid electricity usage.

Thai authorities have conducted a raid on an illegal bitcoin mining operation in Ratchaburi province, west of Bangkok, following resident complaints of frequent power outages for over a month. Police and officials from the Provincial Electricity Authorities discovered bitcoin mining equipment at the house, which they suspect was being used without fully paying for electricity. Mining virtual currencies such as bitcoin requires powerful computers that consume vast amounts of electricity, leading to a rise in illegal mining in Thailand. This marks the fourth raid on an illegal bitcoin mine in Ratchaburi province this year, but no arrests were made during the latest incident.

August 25, 2024
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