Is crypto mining legal in Thailand?

Crypto mining is not banned in Thailand, and as of November 2026 there is no licence for it. Thai crypto law licenses businesses that trade crypto for customers, as described in is crypto legal in Thailand. The legal trouble miners run into is almost always about electricity.

Is bitcoin mining legal in Thailand?

No rule seen bans it. The Emergency Decree on Digital Asset Businesses, in force since May 14, 2018, covers three regulated business types: exchanges, brokers and dealers. The Thai SEC's summary of the decree does not mention mining, though the Finance Minister can add business types to the list on the SEC's recommendation.

That means a person running rigs to mine their own coins is not operating a licensed digital asset business. Selling those coins inside Thailand is a different step, which normally goes through a licensed exchange.

What are the crypto mining rules for electricity in Thailand?

Paying for the power you use is the line that matters. Thai authorities have repeatedly raided mines accused of stealing it:

• In January 2025, the police Crime Suppression Division and the Provincial Electricity Authority (PEA) raided a company in Chon Buri province and seized 996 bitcoin miners. PEA officials put the alleged illegal power use at hundreds of millions of baht, The Block reported. The company was accused of tampering with its meter.
• In May 2026, PEA officials and police, acting on a court warrant, found mining machines on the top floor of a commercial building in Lampang province. Suspected losses from illegal connections to the main supply were put at more than 3 million baht, Khaosod English reported.

Neither report described mining itself as the offence. The cases centred on bypassed meters and illegal connections. How much power rigs draw is explained in how does bitcoin mining work.

How is crypto mining taxed in Thailand?

Thailand's Revenue Department released a guide for individual taxpayers on January 31, 2022. According to the accounting firm HLB Thailand, the guide says selling, paying with, transferring or exchanging mined crypto counts as assessable income under section 40(8) of the Revenue Code, rather than the coins being taxed when mined.

Miners who keep records can deduct reasonable expenses. HLB lists electricity, internet, computer maintenance, wages, commissions and depreciation of computers.

Thailand also has a five-year exemption on gains from crypto sold through SEC-licensed platforms, for transfers from January 1, 2025 to December 31, 2029. Tilleke & Gibbins notes that it applies only to individuals, so a mining company does not qualify. Which kinds of income fall outside it is covered in how is crypto taxed in Thailand, and mining laws elsewhere in is crypto mining legal.

Rules differ by country and change often. Check the regulator, the Revenue Department or a qualified professional for your own situation.