Malaysia Loses Over $700 Million Worth of Electricity to Illegal Crypto Miners, Says Minister

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Malaysia Loses Over $700 Million Worth of Electricity to Illegal Crypto Miners, Says Minister

According to a government minister, Malaysia lost $727 million worth of electricity stolen by illegal crypto miners between 2018 and 2023. The minister also warned that power companies have methods to detect unauthorized mining activity. Illegal Crypto Mining Detrimental To Malaysians Says Minister Between 2018 and 2023, the theft of electricity by illegal cryptocurrency miners […]

Source: Malaysia Loses Over $700 Million Worth of Electricity to Illegal Crypto Miners, Says Minister