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Thailand Raids Illegal Bitcoin Mining Operation, Discovers $80,000 in Power Theft

GateNews

Enforcement Actions

2026-05-17 05:19:38

BTC-1.11%

According to Khaosod English, Thai authorities conducted a surprise raid on an illegal Bitcoin mining facility this week after abnormally high power consumption caused surrounding electrical cables to overheat and melt. Investigators found the operation had illegally tapped into the main power grid to supply electricity to multiple mining rigs on the fourth floor of a four-story commercial building, resulting in estimated power losses exceeding $80,000, while the facility’s registered monthly electricity bill was only $11. Police have seized the mining equipment and launched further investigations into those responsible.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

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