Coinfeeds Daily → Thai Authorities Raid Illegal Bitcoin Mining Operation in Ratchaburi

Thai Authorities Raid Illegal Bitcoin Mining Operation in Ratchaburi

Published: Aug 27, 2024 | Last Updated: Aug 27, 2024
Howard Kane
Bitcoin mining
Image: Bitcoin mining

Frequent power outages lead to investigation; unregistered rigs found, no arrests made

Thai authorities have recently conducted a raid on an illegal Bitcoin mining operation in Ratchaburi, a town west of Bangkok. This operation had been causing frequent power outages in the area, leading to significant disruptions for local residents.

Frequent Power Outages Lead to Investigation

The investigation began after numerous complaints from local residents about frequent blackouts. These power outages were traced back to a house that had been rented for about four months. The house became fully operational as a Bitcoin mining facility in mid-July.

Unregistered Bitcoin Mining Rigs

During the raid, authorities discovered that the operation was using unregistered Bitcoin mining rigs. These rigs consume large amounts of electricity, which was the primary cause of the power outages. Despite the high electricity consumption, the operation paid minimal fees, further raising suspicions.

Risks to Electrical Infrastructure

The illegal mining operation posed significant risks to the electrical infrastructure of the area. The excessive power consumption could have led to more severe electrical issues, potentially causing long-term damage to the local power grid.

No Arrests Made

Interestingly, no arrests were made during the raid. By the time authorities arrived, most of the equipment had already been moved. This was the fourth raid of its kind in Ratchaburi province this year, indicating a recurring issue with illegal Bitcoin mining operations in the region.

This incident highlights the growing problem of illegal Bitcoin mining operations and their impact on local communities. It serves as a reminder of the importance of regulatory oversight and the need for proper registration and monitoring of high-energy-consuming activities.

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