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

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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.