Surat Thani and Chachoengsao’s illegal activities used tens of millions of baht of light.
Described: 12 Nov 2024 at 17: 00
In Chachoengsao and Surat Thani regions, authorities and light authorities seized cryptocurrency miners machines that were used to steal tens of millions of baht price of electricity. They also detained suspects.
Last weekend saw the largest assault in Surat Thani’s southwestern province. In the Muang area, officials searched two homes and seven commercial structures.
Two 30-year-old people, identified just as Nathapong and Arthit, were arrested and 111 crypto miners systems were seized. Even taken were seven browser computers, 10 devices and 10 modified energy feet.
According to Crime Suppression Division chief Pol Maj Gen Montri Theskhan on Tuesday, informants had warned officers to inspect the abandoned buildings because they had surveillance cameras installed.
He claimed that Mr. Nathapong held the two houses and rented the seven commercial properties. Between January last year and July this time, he engaged in monetary deals for more than 40 million baht.
Additionally, officials discovered that the sites ‘ electricity bills were exceedingly small despite having a lot of energy. They believed there had been a modification to the power feet.
Last Saturday and Sunday, officials discovered the crypto mining equipment during a building raid.
According to Pol Maj Gen Montri, Mr. Nathapong claimed that he started the illegal company in the summer of last year and that he had purchased used mine equipment for the purpose.
According to the commander, Mr. Arthit allegedly admitted to being hired to sustain the energy supply networks at the nine locations while allegedly confessing to being hired to improve power meters.
According to light officers, the crypto mining used about 10 million ringgit of power.
Officials on Tuesday raided a deserted warehouse in the Bang Nam Prieo city of Chachoengsao territory west of Bangkok. There, they discovered 106 crypto mining equipment and 66 additional uninstalled models. Around 17 million ringgit was thought to be the price of the items.
The inventory was consuming power despite being deserted, according to officers who conducted the attack. According to light authorities who found the site responsible for the power theft, it recently generated more than 10 million baht in electricity.
The raids come only one month after another Kanchanaburi function revealed that 10 locations were being targeted for crypto miners.
Because the billions of computations involved require a lot of computing power, crypto mine is a very power-intensive activity. According to US studies, dedicated mining companies with advanced setups would need about 155, 000 kilowatt hours (k Wh ) of electricity to mine just one bitcoin by 2023.
In Thailand, assuming a power price of 4 baht per k Wh, that works out to 620, 000 baht. According to estimates, Thailand’s typical monthly family power bill is 750 Baht.