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Thai police bust nine illegal bitcoin mining rigs
Authorities in Thailand have dismantled nine illegal bitcoin mining operations and charged two suspects with stealing more than $280,000 worth of electricity, police said Wednesday. The investigation began after a resident noticed multiple CCTV cameras installed at an apparently vacant house in southern Surat Thani province, said Pongsak Meemusik, a police officer who led the operation. The Central Investigation Bureau, in collaboration with the Provincial Electricity Authority, raided the house last week and found it was being used as an illicit bitcoin mining site. Record-breaking bitcoin rally nears $90,000 on ... (full story)