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Thailand Seizes 315 Crypto Mining Rigs In $1.1M Electricity Theft Bust
Thai authorities raided 14 sites across 5 northeastern provinces on Saturday, uncovering tampered meters and illegal grid connections.
Damage: 40.38M baht (~$1.1M)
→ 35M in unpaid bills
→ 5.38M in penalties
No arrests on-site, but complaints filed against operators.
Part of an escalating crackdown, 996 rigs were seized in Chon Buri earlier this year.
Legitimate miners pay their bills. Stolen power isn't an edge, it's a liability.