đšThailand busts bitcoin mine after repeated power outages: report
âąThai authorities raided a bitcoin mine that did not fully pay its electricity bills.
âąSoutheast Asian countries, including Malaysia, have cracked down on power theft associated with bitcoin mining in the past few weeks.
Thailandâs police and electricity authorities announced on Sunday that they raided an illegal bitcoin mine in a local town following frequent reports of power outages from the nearby area in the past several weeks.
AFP reported that officials from the Provincial Electricity Authorities, along with local police, raided a house in Ratchaburi, a province in central Thailand to the west of Bangkok.
Jamnong Chanwong, a chief district security officer, reportedly explained that the power outages began around the middle of July, likely when the mine became fully operational. Thai authorities said the mining operator paid very little in fees compared to the large amount of power consumption. The authorities, however, did not arrest anyone at the mine.
