Thai police raid illegal bitcoin mining operation

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Bangkok: Thai police have raided a massive illegal bitcoin mining operation in the country, seizing almost $2 million worth of equipment, officers sai...

Thai police have raided a massive illegal bitcoin mining operation in the country, seizing almost $2 million worth of equipment, officers said Friday.

Police on Wednesday swooped on a disused ice factory in western Samut Sakhon city after being tipped off about suspiciously high electricity usage. Pichetpong said there had been other raids targeting bitcoin mining in the city, but nothing on this scale in one location. Last week, officers from the Technology Crime Suppression Division raided two locations -- part of a Chinese temple in Ratchaburi and a warehouse in Samut Songkhram -- where 187 and 465 bitcoin mining machines were seized respectively, worth an estimated $5 million.

 

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