Authorities in Thailand conducted a raid on a Bitcoin mining operation in Chonburi, seizing approximately 1,000 mining machines. This operation was involved in large-scale electricity theft, significantly impacting the local power grid and leading to increased energy concerns. This event underscores the need for regulated mining activities.

The mining operation managed to siphon off electricity by tampering with power meters, primarily executing theft at night. This scheme not only avoided detection but allowed for substantial savings on electricity costs. The Crime Suppression Division plans to issue court warrants to apprehend those behind this illegal activity.

This incident in Thailand highlights a global issue, as countries like Iran and Kazakhstan have faced similar challenges with illegal mining operations affecting their power grids. Worldwide, there is a growing call for stricter regulations and monitoring to ensure responsible cryptocurrency mining practices.