Thai Authorities Seize 315 Bitcoin Mining Rigs Worth $1.2 Million

Thai authorities have seized 315 Bitcoin mining rigs as part of a massive crackdown on illegal cryptocurrency mining operations. The operation, valued at approximately $1.2 million in electricity theft, has reignited national debate over energy misuse and crypto regulation.

The seized equipment was discovered across multiple concealed locations, where operators were allegedly siphoning electricity illegally to power high-performance mining systems designed to generate Bitcoin and other digital assets.

Authorities described the raid as one of the largest crypto-related electricity theft cases in recent years. The 315 mining rigs were reportedly operating continuously, consuming massive amounts of electricity far beyond what would normally be expected for residential or small industrial use.