Thai police raid shop-houses suspected of electricity theft for Bitcoin mining

Police and utility officials in Nang Rong district of the north-eastern province of Buri Ram searched two shop houses yesterday (Sunday), the occupants of which are suspected of stealing electricity…

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3,500 Bitcoin mining machines seized in raids in BKK and Nonthaburi

Officers from the Department of Special Investigation (DSI) have seized 3,500 Bitcoin mining machines and arrested a man in raids on 41 locations in Bangkok and its neighbouring province of…

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Small toy figurines are seen on representations of the Bitcoin virtual currency displayed in front of an image of China’s flag in this illustration picture, April 9, 2019. REUTERS/Dado Ruvic/Illustration

Bitcoin tumbles 10% in wake of deepening China crackdown

LONDON/TOKYO (Reuters) – Bitcoin tumbled almost 10% on Monday as recent volatility in the cryptocurrency market showed no signs of dampening down, with market players citing jitters over China‘s expanding crackdown on bitcoin mining in thin liquidity for the…

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