May 13, 2025

Thailand Crypto Crackdown: Nine Illegal Bitcoin Mining Farms Shut Down

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The post Thailand Crypto Crackdown: Nine Illegal Bitcoin Mining Farms Shut Down appeared first on Coinpedia Fintech News Thai authorities recently shut down nine unauthorized Bitcoin mining farms, arresting two people from southern Thailand’s Surat Thani province. Both suspects, aged 30, were charged with theft, with alleged unlawful consumption of electricity of more than $280, 000 (10 million baht). It exemplifies a Rhodesian irrationality of unregulated business in the mining of bitcoins in …

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