Thai Authorities Raid Bitcoin Mining Farm Over Multi-Million Baht Electricity Theft

Quick Summary:

Thailand is on a mission to address illegal mining operations causing massive power disruptions in its capital city, Bangkok, and neighboring areas.

In its latest drive against these unregistered operations, the kingdom’s Provincial Electricity Authority (PEA) announced that it has shut down an illegal Bitcoin mining farm in the Phanat Nikhom, District of Chonburi.

The persons responsible for the questionable crypto-mining operations are unknown, but the CSD is preparing the necessary arrest warrants from the local court.

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Article Details

Author / Journalist: Christian Encila

Category: Crypto

Markets: HungaryMalaysiaThailand

Topics: Crypto mining Bitcoin Btc Bitcoin Thai Bitcoin mining

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-10 @ 05:00:06 (14 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinist.com

Language: English

Article Length: 402 words

Reading Time: 3 minutes read

Sentences: 27 lines

Sentence Length: 15 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bitcoinist

News ID: 25026869

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About Bitcoinist

Main Topics: Crypto

Official Website: bitcoinist.com

Update Frequency: 14 posts per day

Year Established: 2014

Headquarters: Hungary

News Last Updated: 8 hours ago

Coverage Areas: Hungary

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Publisher ID: #105

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