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Thursday, May 16, 2024

Bangkok Post – Cryptominers rack up big B5m unpaid electricity bill

An investigation into electricity theft from cryptocurrency mining has resulted in arrests and the seizure of over 650 crypto mining devices worth more than 200 million baht in Samut Sakhon and Ratchaburi, according to the police.

Cyber Crime Investigation Bureau officers, joined by officials from the Provincial Electricity Authority, raided the two spots after obtaining warrants based on their unusually high electricity consumption.

The first site was within the compound of a temple in tambon Nong Song Hong in Samut Sakhon’s Ban Phaeo district, where officers found 187 devices used to mine cryptocurrency. Another 465 phones, computers and tablets were found at a warehouse compound in…

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