Thousands of illegal cryptocurrency mining units seized

Thousands of illegal cryptocurrency mining units seized

Special investigators have seized about 3,500 illegal cryptocurrency-mining units operating from rented buildings in Bangkok and Nonthaburi and stealing vast amounts of electricity.

The crypto miners were connected directly to outside power lines and over the past two years had illegally drained about 500 million baht’s worth of electricitiy from the state grid, Justice Minister Somsak Thepsutin said on Wednesday.

Speaking at the Department of Special Investigation (DSI), Mr Somsak announced the seizure of about 3,500 crypto-mining units from 41 commercial buildings, following an investigation that started in February last year.

The minister said the hardware was smuggled into the country from China and then installed in the buildings. They had been connected directly to the state’s electricity transmission network. There were no meters and they paid no power charges.

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