The illegal bitcoin mining process in Malaysia stole more than $ 8,000 in electricity monthly
The application of the law in Malaysia dismantled a wide -scale mining process that was secretly leakage of electricity from the local energy network.
According to the local media, the police in Tiringano The union was revealed during a joint operationIt is called “OP Letrik”, along with the Tenaga Nasional Beeral’s (TNB) unit (SEAL).
The law application raided two different sites, one of which is a residential house in Bukit Birbat, Holo Terringano, and commercial buildings in Wakf Tabai, Marang.
The authorities found 45 bitcoin mining machine hidden at the two sites, along with various mining equipment. The total infrastructure is estimated at about 225,000 Malaysian Rangeette, or about $ 52,149.
The police say that the property has been tampered with to overcome electricity meters, allowing the process to run without discovery while depleting the large energy of the network.
TNB estimates that illegal miners were stealing approximately 36,000 Malaysian Rangeette (about $ 8343) of electricity per month.
Although there were no arrests during the raids, all the equipment was seized and transferred to the provincial police headquarters for more investigation.
The case is now being investigated by Articles 379 and 427 of the Malaysian Penal Code, which covers theft and harm that causes damage, as well as section 37 of the 1990 Electricity Supply Law.
If they are convicted, officials may face up to five years in prison, or fines of up to 100,000 Malaysian Rangeette, or both.
How do Bitcoin mining works illegal?
Bitcoin mining usually includes connecting strong computers, known as mining platforms, with packed electricity supply, and often exceeds official meters or clicking directly to power lines.
Bitcoin mining consumes huge amounts of electricity because it requires strong machines to operate non -stop, and solve complex sports puzzles while competing against other miners to verify the authenticity of transactions and gain rewards.
With Bitcoin climbing, as well as the incentive for such illegal settings. With both bitcoin, it is likely that tens of thousands of dollars are probably worthy of, the temptation of high profits is to attract bad actors.
Illegal settings like this become especially profitable for operators when they do not pay for the strength they use.
Bitcoin mining mutations in Malaysia
Malaysia has emerged as a hot point of illegal bitcoin mining, as electricity theft became a large -scale issue related to practice.
According to Tenaga Nasional Berhad (TNB), the national national energy tool in the country, the illegal mining activities cost the company that exceeds 440 million Malaysian Rangeit (about $ 101 million) in losses between 2018 and 2024.
Earlier this year, the mining process was in Kuala Lumpur Discover after a fire broke out At a residential house on February 13.
Firefighters found that the fire was caused by the wrong wire associated with illegal bitcoin mining devices. Inside, officials revealed many machines and confirmed that the power source had been tampered with.
The increasing frequency of these incidents has pushed a broader campaign. The authorities have seized nearly $ 500,000 of mining equipment in recent enforcement procedures.
Officials say that although encryption mining represents only a small part of the total electricity consumption, its effect is not inappropriate when the theft was involved.
Throughout the world, such illegal operations were detected in countries such as Russia, Iran and Venezuela. For example, the Iranian authorities have seized more than 230,000 illegal mining platforms in 2024, which are allegedly consumed by the equivalent energy of the entire province.
Meanwhile, in Venezuela and Russia, the authorities were forced to prohibit or impose strict restrictions on completely coding mining to protect its strong, fragile infrastructure.
The illegal bitcoin mining process appeared in Malaysia, which stole more than $ 8,000 in monthly electricity for the first time on Invezz
