According to CityNews, Mae Ping police said a three-story building on Mahidol Road was engulfed in flames before noon today. Although no lives were lost, 72 Bitcoin mining hardware were destroyed in the fire, and police estimated damage value to over 2 million Baht to nearly $60,000.
Suspected Bitcoin mining hardware burns down in Thailand, around $60,000 of damage ensues
72 servers were destroyed in the fire, and police estimated the damage at nearly $60,000. It is believed that the office is mining cryptocurrencies. Neighbors said the fire took a while to put out. Fortunately, no one was injured, but it is possible that a lot of GPUs were severely damaged.
Source: Chiangmaicitylife
According to statistics, Bitcoin miners account for 25% of GPU purchases at the beginning of 2021, equivalent to 700,000 high-end and mid-range graphics cards. Accordingly, cryptocurrency mining requires a lot of electricity. So if a house isn’t properly equipped to deal with the amount of power used by a 72-server heavy mining farm, it could catch on fire.
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