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Thailand Authorities Shutdown Bitcoin Mining Operation for Power Theft

Thailand Authorities Shutdown Bitcoin Mining Operation for Power Theft


Coinpedia
2025-01-09 17:58:13

The post Thailand Authorities Shutdown Bitcoin Mining Operation for Power Theft appeared first on Coinpedia Fintech News Thai authorities have raided a large Bitcoin mining operation in Chonburi, which was found to be illegally using electricity by tampering with power meters. The operation, which caused major financial losses estimated in the hundreds of millions of Baht, was dismantled on January 9, 2025. The mining farm had rigged its electricity meters to consume …


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