Crypto Mining Theft Costs Malaysia Over $1.1 Billion in Power Losses

TLDR Crypto mining theft in Malaysia led to RM4.6 billion (over $1.1 billion) in electricity losses from 2020 to August 2024. A total of 13,827 premises across Malaysia were caught using electricity illegally for crypto mining operations. Illegal miners bypassed meters and tapped directly into the national grid, often shifting locations to avoid raids. TNB [...]

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