Seizure of Around 900 Bitcoin Mining Devices from Thai Company by Government Officials
Thai Authorities Confiscate 996 Bitcoin Mining Devices in Alleged Electrical Theft Case
Thai authorities have taken action against an illegal Bitcoin mining operation, confiscating 996 mining devices from JIT Co. in the eastern province of Chonburi. The operation was suspected of stealing electricity, with losses estimated in millions of dollars based on Thai baht conversion.
The closure of the Bitcoin mining facility was due to local complaints about frequent power outages. The authorities have not disclosed the identities of the suspects involved in the case, but arrest warrants are being prepared as part of the ongoing investigation into JIT Co.'s activities.
JIT Co., a company registered for digital asset trading, is located in the same eastern province. However, the illegal Bitcoin mining facility was not registered for digital asset trading nor was it located in Chonburi, unlike JIT Co. The Bitcoin mining devices were turned off during the day to avoid detection, with the alleged electricity theft occurring at night.
The authorities have not yet released an estimated value for the losses from the illegal Bitcoin mining operation. The investigation into JIT Co. for suspected electricity theft and Bitcoin mining activities is ongoing.
This is not the first time Thai authorities have taken action against illegal Bitcoin mining operations. In January 2025, a Bitcoin mine in Chonburi was shut down for massive electricity theft. This indicates that authorities are taking a firm stance against illegal mining operations exploiting electricity.
However, detailed accounts of multiple distinct incidents of Bitcoin mining device confiscations due to electricity theft in Thailand are not readily available. While there is documented evidence of at least one major confiscation in Thailand, the data is insufficient to confirm multiple instances within Thailand specifically.
Other regions, such as Malaysia and Taiwan, have seen law enforcement crackdowns on illegal Bitcoin mining operations with electricity theft. Therefore, while the evidence suggests a pattern of action against such activities in Thailand, more comprehensive data is needed to confirm the extent of the issue within the country.
Stay tuned for updates on this ongoing investigation.
- In the ongoing investigation, authorities are also examining the cybersecurity measures implemented by JIT Co., considering the clandestine nature of the Bitcoin mining operation.
- The confrontation between technology advancements in Bitcoin mining and the need for secure and sustainable electricity usage is highlighting the importance of cybersecurity and energy regulations in the digital currency industry.
