Bitcoin mining farm goes up in flames in Thailand, estimated $3.6 million worth of hardware destroyed

News reports coming out of Samrongnua, Thailand say that a warehouse with server equipment has been completely destroyed by fire. The facility has been identified as a mining farm on bitcointalk. An estimated $3.6 million worth of mining equipment was destroyed, which was reportedly not insured.

Posted images show the burnt out facility, the fans from mining hardware still in their original positions. Another shows the facility ablaze from the outside.

Commenters have indicated that all the hardware was the SP30 model, manufacturing by Spondoolies Tech.

There are differing views as to the cause for the blaze. Some have pointed to before/after pictures of the equipment setup and argued that it was poorly set up. There have also been rumors or arson, but no evidence has been brought to support this claim.

The Thailand news reports said the facility spanned 2 acres. Ten employees, mostly technicians, worked at the facility, but only two were on hand at the time the fire broke out. A security guard smelled smoke and then saw flames rising from the front of the warehouse. He then alerted firefighters, which needed 30 minutes to bring the fire under control. There were no casualties.

The center reportedly ran 6-month mining contracts, but was only in operation for 5 months.

The loss of the facility has been blamed on sudden drop of an estimated 7 PHs in network hashpower.