300 crypto machines seized
Authorities in Thailand seized over 300 cryptocurrency mining machines across five provinces following reports of illegal electricity connections and meter tampering. The operation resulted in estimated damages of 40 million baht due to unpaid electricity and fines.
Why it matters
This highlights the growing issue of illegal energy consumption by industrial-scale crypto mining operations in Southeast Asia.
More than 300 cryptocurrency mining machines were seized during raids on illegal Bitcoin mining operations across five northeastern provinces, with total losses estimated at over 40 million baht.
The report is a factual account of a law enforcement operation.
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