Browsing: electricity theft

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.

Malaysia’s national power company, Tenaga Nasional, has reported losses exceeding $1 billion resulting from electricity theft linked to crypto mining activities. This significant financial impact has raised concerns about the extensive misuse of electrical resources.…

Malaysia’s national electricity company has reported a loss exceeding $1 billion attributed to electricity theft linked to cryptocurrency mining activities. This significant financial impact highlights the growing issue of energy theft in the country. Authorities…