Close Menu
  • Coins
    • Bitcoin
    • Ethereum
    • Altcoins
    • NFT
  • Blockchain
  • DeFi
  • Metaverse
  • Regulation
  • Other
    • Exchanges
    • ICO
    • GameFi
    • Mining
    • Legal
  • MarketCap
What's Hot

Tether pockets $12.7M after trimming Bitdeer holdings, retains 19.7% stake

20/06/2026

Top 10 Altcoins Developers Have Focused On Most in the Last Month Revealed

20/06/2026

Japan just moved to cut crypto tax from 55% to 20%. Why it matters globally

20/06/2026
Facebook X (Twitter) Instagram
  • Back to NBTC homepage
  • Privacy Policy
  • Contact
X (Twitter) Telegram Facebook LinkedIn RSS
NBTC News
  • Coins
    1. Bitcoin
    2. Ethereum
    3. Altcoins
    4. NFT
    5. View All

    Bitcoin-linked stocks beat market with 42% gains – What’s driving it?

    20/06/2026

    CryptoQuant signal flips Bitcoin to bull territory

    20/06/2026

    Hot CPI Data at 3.8% Threatens Rally as Fed Rate Cut Hopes Fade

    20/06/2026

    Hormuz oil contagion spreads to 8 major economies and Bitcoin has just one route through

    20/06/2026

    Ethereum trader scores $5mln in 10 days – But here’s a catch…

    19/06/2026

    Crypto Whale Jeffrey Huang Expands Ethereum Long Position Past 10,000 ETH

    19/06/2026

    Ethereum jumps on US-Iran optimism – Can $1,820 come next?

    19/06/2026

    Volume Back at Bullish Level

    19/06/2026

    Top 10 Altcoins Developers Have Focused On Most in the Last Month Revealed

    20/06/2026

    Pi Network Launches PiRC1 Token Framework Requiring Real Apps Before Any Token Can Be Issued

    20/06/2026

    How Many Pi Tokens Do You Actually Need to Reach $1 Million?

    20/06/2026

    TRON Enables Seamless Cross-Chain Transfers With Jumper Integration

    20/06/2026

    Collectible NFTs in focus during nations 250th anniversary

    12/06/2026

    NFTfi Shuts Down After $737M in Loans as NFT Market Contraction Makes Operations Unsustainable

    11/06/2026

    Dogecoin Notes Shibes Have Been ‘Quiet Lately’ And Then The Internet Showed Off What Everyone Has Been Silently Building

    09/06/2026

    Bored Ape Maker Yuga Labs Rescues Dozens of Ethereum NFTs From Exploit

    09/06/2026

    Tether pockets $12.7M after trimming Bitdeer holdings, retains 19.7% stake

    20/06/2026

    Top 10 Altcoins Developers Have Focused On Most in the Last Month Revealed

    20/06/2026

    Japan just moved to cut crypto tax from 55% to 20%. Why it matters globally

    20/06/2026

    USDC Integration with AWS WAF — Here’s Why It Matters

    20/06/2026
  • Blockchain

    Dogecoin Developer Files USPTO Patent for Modular Blockchain Framework

    19/06/2026

    STAC Fund Expands to Solana

    19/06/2026

    Pharos Network Adds PROS and USDC Payment Options for AI Model Services

    19/06/2026

    Most of Ripple’s own stablecoin lives on Ethereum

    18/06/2026

    DIA’s Oracle Goes Live on LitecoinVM to Bolster DeFi on L2 Chain

    18/06/2026
  • DeFi

    Curve Launches LlamaLend V2 — Is This a Game Changer for Lending?

    20/06/2026

    Creek Finance Launches XAUm Token on Sui Network, Expanding Yield-Bearing Tokenized Gold Access on DeFi

    20/06/2026

    Why Compound Just Announced Its Decentralized Stablecoin USDS

    20/06/2026

    Aave Partners with Sky Ecosystem as Initiative Launches

    20/06/2026

    DeFi Saver Launches on Base Network — What Does This Mean for Users?

    20/06/2026
  • Metaverse

    The Sandbox launches AI game engine ‘The Sandbox Studio’ for next-generation creators

    10/06/2026

    Meta commits $13M in funding for Oversight Board through 2028

    29/05/2026

    Why Animoca’s Yat Siu says the future is 100 billion AI agents

    07/05/2026

    ‘8,000 Jobs’—Polymarket Sees Tech Layoff Surge As Meta AI Push Bites

    18/04/2026

    Planet Hares Partners With Magne.AI To Bridge Web3 Metaverse With Smartphone Mobile-Ready Applications For Mass Adoption

    08/04/2026
  • Regulation

    Tether pockets $12.7M after trimming Bitdeer holdings, retains 19.7% stake

    20/06/2026

    Three Fed signals that could make bitcoin pop

    20/06/2026

    All Eyes on the Critical FED Interest Rate Decision! What Will the New FED Chairman Kevin Warsh Say? Here Are…

    20/06/2026

    Monster insider trading alert for SOFI stock

    20/06/2026

    Strategy’s ‘stable’ STRC spends a lot of time below its $100 target

    20/06/2026
  • Other
    1. Exchanges
    2. ICO
    3. GameFi
    4. Mining
    5. Legal
    6. View All

    USDC Integration with AWS WAF — Here’s Why It Matters

    20/06/2026

    Uniswap activity takes over in June, after adding tokenized equities

    20/06/2026

    One in five top UK SMEs is seeing demand for crypto payments, report finds

    20/06/2026

    Bitcoin Exchanges Upbit and Bithumb Lift Their Previous Warning on This Altcoin! Here Are the Details

    20/06/2026

    ICO market slows sharply with only six completions in 2026

    30/04/2026

    South Korea Poised to Lift Ban on Domestic ICOs After 7 Years

    19/12/2025

    Why 2025’s Token Boom Looks Both Familiar and Dangerous

    31/10/2025

    ICO for bitcoin yield farming chain Corn screams we’re so back

    22/01/2025

    GMATRIXS and Plum Protocol Partner to Blend GameFi with Meme Assets, Driving Multi-Chain Web3 User Experience

    16/06/2026

    Crypto game studio Uncharted to shutdown along with Fishing Frenzy

    15/06/2026

    Pudgy Penguins Halts Web3 Mobile Game Pudgy Party to Focus on Pudgy World

    14/06/2026

    Blazpay Taps Agent War to Boost Innovation AI -Powered GameFi

    11/06/2026

    rare event or miner strategy?

    20/06/2026

    Texas Power Grid Reform Could Boost Bitcoin Miners Turned Data Center Operators

    19/06/2026

    HIVE Digital Secures $220M Sovereign AI GPU Deal With Bell Canada

    19/06/2026

    Bitcoin miners need billions to fund AI ambitions, led by IREN’s $21B gap

    18/06/2026

    Japan just moved to cut crypto tax from 55% to 20%. Why it matters globally

    20/06/2026

    UK Takes Regulatory Steps — CryptoUK Launches Digital Markets Initiative

    20/06/2026

    EU shifts from drafting crypto rules to enforcing them

    20/06/2026

    Crypto Industry Slams Illinois’ New Digital Asset Tax as ‘Most Punitive’ in U.S.

    20/06/2026

    Tether pockets $12.7M after trimming Bitdeer holdings, retains 19.7% stake

    20/06/2026

    Top 10 Altcoins Developers Have Focused On Most in the Last Month Revealed

    20/06/2026

    Japan just moved to cut crypto tax from 55% to 20%. Why it matters globally

    20/06/2026

    USDC Integration with AWS WAF — Here’s Why It Matters

    20/06/2026
  • MarketCap
NBTC News
Home»Mining»Thai authorities bust illegal Bitcoin mining ring, seize equipment worth thousands
Mining

Thai authorities bust illegal Bitcoin mining ring, seize equipment worth thousands

NBTCBy NBTC17/05/2026No Comments2 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email


Bitcoin mining is an energy-hungry business even when you’re paying for the power. When you’re not, it tends to attract attention from people with badges.

Thai authorities dismantled a large-scale illegal Bitcoin mining operation in Nan Province, where operators allegedly stole more than $80,000 worth of electricity to keep their rigs humming. The bust is part of an escalating nationwide effort to shut down mining setups that bypass the grid and pocket the savings.

A pattern of power theft across multiple provinces

In Pathum Thani, authorities seized 63 mining rigs linked to an estimated financial loss of over 11 million baht, roughly $327,000, in stolen electricity.

Chon Buri saw an even larger haul: 996 mining rigs confiscated from an operation allegedly using tampered electricity meters to dodge charges.

The biggest seizure came from a Department of Special Investigation (DSI) operation that netted 3,642 mining rigs along with around 19 million baht in cash and bank deposits.

How the operations work, and why they’re dangerous

Operators set up mining rigs in remote or inconspicuous locations, modify their electricity meters to underreport consumption, and let the machines run around the clock. Investigators have found that many of these setups are operated remotely, and the physical locations are often chosen specifically because they’re far from prying eyes.

Thai authorities have repeatedly emphasized that these illegal mining operations pose serious public safety risks. The excessive energy draw through tampered connections creates fire hazards. Wiring that wasn’t designed to handle industrial-scale loads gets pushed well past its limits, and there’s no inspection or oversight to catch problems before they become emergencies.

The strain on the power grid is another concern. When hundreds or thousands of rigs are pulling electricity that doesn’t show up on any meter, the load imbalance can degrade service quality for legitimate customers and stress infrastructure in ways that utility companies can’t anticipate or plan for.

What this means for the mining landscape

For Thailand’s utility sector, the financial impact has been substantial. Across the documented cases alone, the combined electricity theft runs well into the hundreds of thousands of dollars.

The sophistication of the seized operations, from modified meters to remote management systems to layered financial structures, suggests that future enforcement will need to be equally sophisticated. Thai authorities appear to understand this, targeting not just the physical mining hardware but also the financial and operational infrastructure behind it.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
NBTC

NBTC is the editorial account for NBTC News, covering Bitcoin, Ethereum, DeFi, blockchain infrastructure, exchanges, mining, regulation and digital asset markets. The editorial team focuses on clear sourcing, timely updates and practical context for crypto readers.

Related Posts

rare event or miner strategy?

20/06/2026

Texas Power Grid Reform Could Boost Bitcoin Miners Turned Data Center Operators

19/06/2026

HIVE Digital Secures $220M Sovereign AI GPU Deal With Bell Canada

19/06/2026

Bitcoin miners need billions to fund AI ambitions, led by IREN’s $21B gap

18/06/2026
Add A Comment

Comments are closed.

Top Posts
Get Informed

Subscribe to Updates

Get the latest news from NBTC regarding crypto, blockchains and web3 related topics.

Your source for the serious news. This website is crafted specifically to for crazy and hot cryptonews. Visit our main page for more tons of news.

We're social. Connect with us:

Facebook X (Twitter) LinkedIn RSS
Top Insights

Tether pockets $12.7M after trimming Bitdeer holdings, retains 19.7% stake

20/06/2026

Top 10 Altcoins Developers Have Focused On Most in the Last Month Revealed

20/06/2026

Japan just moved to cut crypto tax from 55% to 20%. Why it matters globally

20/06/2026
Get Informed

Subscribe to Updates

Get the latest news from NBTC regarding crypto, blockchains and web3 related topics.

Type above and press Enter to search. Press Esc to cancel.