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Malaysia has suffered losses of more than US$ 1.1 billion because of extensive electricity theft from illegal crypto operators and miners.

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Malaysia’s TNB loses $1.1B to unauthorized crypto miners; smart meters and database aid enforcement to protect the grid.

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The ministry emphasised that tampering with electricity meters or bypassing supply connections remains a breach of the Electricity Supply Act, even though crypto-mining per se is not illegal in ...

Most operations are unlicensed, officials estimate 95% of the 427,000 active mining devices operate without authorization, ...

Malaysia intensifies monitoring and enforcement as illegal crypto mining puts sustained pressure on the national power grid.

Crypto mining theft in Malaysia caused over $1.1B in losses since 2020, with 13,827 premises illegally tapping electricity.

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