Thai Authorities Raid Illegal Bitcoin Mining Operation
Thai authorities have conducted a raid on an illegal Bitcoin mining operation in Ratchaburi, a town located to the west of Bangkok, following numerous reports of frequent blackouts over the past month. According to reports by AFP, the raid, executed by the Provincial Electricity Authorities alongside local police, revealed Bitcoin (BTC) mining rigs that were consuming substantial amounts of electricity. Importantly, these electricity grids were unregistered and were not being compensated or reported appropriately.
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