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Thai authorities raid illegal Bitcoin mine behind local power outages
Illegal Bitcoin mining has been a growing problem in Southeast Asia, with operators exploiting the region’s relatively low electricity costs
Thailand authorities have raided an illegal Bitcoin mining operation in Ratchaburi, a town west of Bangkok, following numerous complaints from residents about persistent power outages.
According to the South China Morning Post, the raid took place on Aug. 23 and revealed that the illegal mining activities were likely the cause of blackouts that had plagued the area for over a month.
An investigation was started after residents reported unexplained power failures that began in mid-July.
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Author: Amaka Nwaokocha