{"id":146434,"date":"2025-01-10T15:00:27","date_gmt":"2025-01-10T13:00:27","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=146434"},"modified":"2025-01-10T11:51:58","modified_gmt":"2025-01-10T09:51:58","slug":"thailand-cracks-down-on-illegal-crypto-mining-seizing-1000-devices","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/thailand-cracks-down-on-illegal-crypto-mining-seizing-1000-devices\/","title":{"rendered":"Thailand Cracks Down on Illegal Crypto Mining, Seizing 1,000 Devices"},"content":{"rendered":"
The raid<\/a><\/strong>, conducted at JIT Co\u2019s facility in Chon Buri, uncovered the mining rigs being operated under false pretenses, using modified meters to divert electricity for overnight operations.<\/p>\n The theft of electricity is believed to have cost the company millions, with estimates reaching as high as $2.88 million. The company, initially registered for digital asset trading, allegedly used proper meters during the day but resorted to illicit methods at night to run its mining operations unnoticed.<\/p>\n Authorities, working with the Provincial Electricity Authority, have seized the equipment but have not yet named those responsible. The case is under investigation, and arrest warrants are expected soon. In addition to the mining setup, solar panels were found at the site, but they were not connected to the Bitcoin<\/a> <\/strong>rigs.<\/p>\n