Browsing: Bitcoin mining crackdown

Bitcoin mining Malaysia is facing significant scrutiny as authorities ramp up efforts to address widespread electricity theft linked to illicit operations.A special committee launched in November aims to combat the increasing number of illegal mining sites that have reportedly cost the nation around $1.1 billion over five years.

Illegal Bitcoin mining has emerged as a significant challenge, particularly in regions like Malaysia, where authorities are intensifying their crackdown on this illicit activity.With estimates of up to $1 billion lost due to electricity theft, law enforcement is leveraging advanced technology, including drones and handheld monitoring devices, to uncover hidden operations.