cryptd.in

LinkedIn Alternatif untuk Talenta yang Ramah Kripto

Mayasia Hit By $1B Power Theft as Illegal Crypto Miners Drain the Grid

-

oleh

cryptd.in
di

Malaysia’s electric utility provider Tenaga Nasional Bhd (TNB) revealed that it has suffered losses of more than $1 billion due to increased electricity theft linked to cryptocurrency mining over the past four years.

A parliamentary filing this week revealed that nearly 14,000 premises were found to have tapped power illegally since 2020, with operators bypassing or tampering with meters to run mining equipment without detection.

Crypto Mining Crisis

The Energy and Water Transformation Ministry said the scale of unauthorized consumption, worth RM4.6 billion (worth $1.106 billion), evidenced how the surge in crypto mining has strained national utilities, even in the absence of dedicated regulations for the sector.

According to the ministry, authorities have stepped up coordinated enforcement by allowing TNB and multiple agencies, such as the police, the communications regulator, and the anti-corruption commission, to seize mining rigs at targeted sites.

Officials added that the utility has created an internal database that stores ownership and tenancy information for locations flagged for suspected power theft, giving investigators a centralized tool to monitor patterns of abnormal electricity usage. The ministry noted that this system now guides inspection efforts and helps identify operations attempting to evade billing.

In addition, TNB is also rolling out smart meters at distribution substations to track real-time power flows and detect manipulation early. The government said these measures aim to tighten oversight as illicit crypto mining continues to pose financial and operational risks to Malaysia’s energy network.

Crackdown

Last August, Malaysian authorities intensified their crackdown on electricity theft linked to cryptocurrency mining, arresting seven individuals believed to be running illegal BTC operations. The suspects, three Malaysians and four foreigners, were detained in separate actions, and police confirmed that they had no prior criminal records.

Investigators seized 52 mining rigs and related equipment of around RM250,000, as miners continue to seek low-cost or free power to stay competitive. Police had then noted that electricity theft, an offence under Section 33(5) of the Electricity Ordinance, carries fines of up to RM100,000 and possible jail time.

The arrests followed similar findings in Sarawak, where the state utility reported recurring power theft by mining operators. A joint raid there uncovered two linked sites allegedly stealing around RM30,000 in electricity each month, with 120 machines confiscated.

Pos Mayasia Hit By $1B Power Theft as Illegal Crypto Miners Drain the Grid muncul pertama kali di CryptoPotato.

Komentar

Tinggalkan Balasan

Alamat email Anda tidak akan dipublikasikan. Ruas yang wajib ditandai *

Umpan Terbaru

Kategori Populer

id_ID Bahasa Indonesia
id_ID Bahasa Indonesia en_US English ro_RO Română et Eesti ko_KR 한국어 ja 日本語 ru_RU Русский de_DE Deutsch es_ES Español zh_CN 简体中文 fr_FR Français zh_TW 繁體中文 pt_PT Português it_IT Italiano pl_PL Polski tr_TR Türkçe nl_NL Nederlands el Ελληνικά uk Українська bg_BG Български cs_CZ Čeština fi Suomi hu_HU Magyar lv Latviešu valoda lt_LT Lietuvių kalba nb_NO Norsk bokmål sk_SK Slovenčina sl_SI Slovenščina sv_SE Svenska

Cari di situs web

Cerita Populer

Tags

#AlexeyPertsev (1) #BidenCryptoBan (1) #BidenPemilihan (1) #BinanceVsCoinbase (1) #Bitcoin (425) #BitcoinETF (3) #BitcoinFundamental (1) Penanganan #Bitcoin (1) #BitcoinHarga (5) #BitcoinPriceLevel (1) #BitcoinPump (1) #BitcoinReserve (1) #BitcoinSurge (1) #BitcoinTop (1) #Bitfinex (1) #Bitwise (1) #BracebridgeCapital (1) #BRC20Token (1) Akuisisi #BTC (1) #BullishPrediksi (1) #BullishSentimen (1) #ChineseMining (1) Ulasan #CPIP (1) #CryptoAsset (2) #CryptoBattle (1) #CryptoBoom (1) #CryptoExpert (1) #CryptoInsights (1) #CryptoMania (1) #CryptoMarket (4) #CryptoPrediction (1) #CryptoPredictions (1) #CryptoRegulation (2) #CryptoTakeoff (1) #CryptoTiming (1) #CryptoTips (1) #CryptoTreasury (1) #CryptoKetidakpastian (1) #DerivativeJump (1) #Dogecoin (73) #DogecoinGains (1) #DogecoinVolume (1) #DutchCourt (2) #ECommerce (1) #ElSalvadorBitcoin (1) #Ethereum (69) #EthereumPain (1) Harga #Ethereum (1) #Pendapat Ahli (1) #FedRateCut (1) #FiatCurrency (1) #Dampak Finansial (1) #KerahasiaanKeuangan (1) #FirmShutdown (1) #FrozenAccounts (1) 1TP5Dana Terlarang (1) #InflasiData (1) #Investasi (1) 1TP5Kerugian Investasi (1) #JapaneseFirm (1) #LegalAction (1) #Dampak Hukum (1) #Legislasi (1) #LightningNetwork (1) Analisis Pasar #M (3) #Memantau Pasar (1) Prediksi Pasar #M (1) Prediksi Pasar #M (1) Proyeksi Pasar #M (1) #MarketSupport (1) #MVolatilitas Pasar (1) #Menikah (1) #MemeCoin (5) #MemeCoins (2) #MinerProfitabilitas (1) #M Pencucian Uang (2) #MtGox (4) #NorthKoreaCrypto (1) #NovogratzPrediksi (1) #PriceMilestone (1) #PrediksiHarga (2) #Pertanyaan Harga (1) #PriceSurge (1) #PenjaraHukuman (1) #QuantAnalysis (1) #ekanan Regulasi (1) #SECAntiCrypto (1) #ShibaInu (5) #SocialBuzz (1) 1TP5Analisis Teknis (1) #Toncoin (3) #TornadoCash (3) #TornadoCashDev (1) #TornadoCashDeveloper (1) #UKCrypto (1) #UpsidePotential (1) #USCongress (1) #WyomingLand (1) #XRPPrice (1) #XRPupswing (1)

Tautan Berguna

Tautan yang menurut saya berguna dan ingin saya bagikan.