Thailand investigates and punishes multiple illegal Bitcoin mining sites and seizes 315 mining machines

Comparative news, according to Bangkok Post, Thailand's Ministry of Home Affairs, the Provincial Electricity Authority, police and local administrators carried out inspections at 14 illegal Bitcoin mining sites in 5 northeastern provinces and seized 315 cryptocurrency mining equipment.

Investigators discovered that the relevant site had tampered with electricity meters and illegal electricity connections to operate mining equipment. According to the report, the related losses are estimated at 40.38 million baht (about 1.24 million US dollars), including 5.38 million baht (about 165,000 US dollars) electricity violation fines and about 35 million baht (about 1.07 million US dollars) of unpaid electricity bills. Officials have now collected evidence and filed complaints against those involved in the case.