A attention-grabbing incident concerning cryptocurrency mining came about in Malaysia.
Malaysia’s nationwide energy company, Tenaga Nasional Berhad (TNB), reported losses of $1.1 billion as a result of electricity theft by cryptocurrency miners from 2020 to August 2025, Reuters reported.
The nation’s Ministry of Strength and Natural Sources provided in a sage despatched to parliament that it had acknowledged 13,827 workplaces that illegally leaked electricity for crypto mining between 2020 and August 2025.
This resulted in losses of as a minimum 4.57 billion ringgit ($1.1 billion).
The ministry acknowledged that the divulge in question poses a significant menace to the nationwide electricity provide system, public safety and the economic stability of the nation.
It turned into acknowledged that the theft on the total happens within the accomplish of tampering with meters or making unauthorized connections to the community.
The ministry acknowledged that it has been combating unlawful crypto mining activities since 2018 to forestall rising electricity prices, and that TNB has created an inside of database of property owners and tenants suspected of being occupied with electricity theft and can detached now greater name and be conscious suspicious areas.
At last, the Ministry furthermore acknowledged that from a technical level of view, TNB is the usage of natty meters and has launched a “Distribution Transformer Meter” pilot program to greater tune energy usage at energy substations and detect remarkable patterns.
*That is no longer investment advice.
