Thai authorities recently raided an illegal Bitcoin mining operation in Ratchaburi, a town located west of Bangkok. The raid followed reports of frequent blackouts over the past month.

According to reports, the Provincial Electricity Authorities, along with local police, uncovered Bitcoin mining rigs consuming large amounts of electricity. These rigs were unregistered and were not properly reported or paid for.

Power Grid Issues

Jamnong Chanwong, a chief district security officer, noted that the mining operation likely began in mid-July, which coincided with the onset of the power outages. The unregistered activity caused frequent blackouts and posed significant risks to the electrical infrastructure, potentially leading to long-term damage and higher costs for local residents.

Despite the extensive electricity consumption, the mining operation paid minimal fees. This raised suspicions and led to the raid. By the time authorities arrived, much of the equipment had been moved, and no arrests were made.

Bitcoin Mining Costs

Bitcoin mining is known to be expensive and requires payment of local fees and taxes. Earlier this month, an Airbnb host discovered that her guests were mining crypto at her property, resulting in a $1,500 electricity bill.

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