PANews
PANews|May 17, 2026 05:17
[Thai Authorities Raid Illegal Bitcoin Mining Operation, Power Loss Exceeds $80,000] According to Khaosod English, Thai authorities conducted a surprise raid on a site suspected of illegal Bitcoin mining. Due to abnormally high electricity consumption causing nearby building cables to overheat and melt, law enforcement officers carried out a raid on a four-story commercial building. The investigation revealed that the site had allegedly tapped into the main power grid illegally to supply electricity to multiple Bitcoin mining machines on the fourth floor, resulting in an estimated power loss exceeding $80,000, while its registered monthly electricity bill was only about $11. Authorities have seized the mining equipment involved and are conducting further investigations into the individuals implicated in the case.
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