The illegal bitcoin mining process is exposed after the outbreak of the fire in the Malaysian house
Malaysia rocked an unexpected discovery on Tuesday when the explosion and smoke led a house along Lorong Cekara Purnama, Bandar Punkak Alam, the authorities to reveal an illegal mining process.
This development comes at a time when the Southeast Asian state continues to fight unauthorized encryption mining, causing great financial losses and strains of power infrastructure in the country.
The electrical fire displays the illegal process
Songhai Polo Province Police Commander, supervisor Mohamed Hafez Muhammad and La, open 14 volunteer firefighters were sent from Saujana Utama and Bestari Jaya after a local woman was informed of the accident to the Sungai BULOH District Police headquarters at 11:41 am on February 11.
Upon arrival, each of the firefighters and patrol police officers had to enter forced anxiety to the undisputed house, where they found the fire arising from a room filled with modified electrical circuits. They were illegally connected to the power network and had a short circle, causing fire.
After extinguishing the fire on Tuesday evening, a joint investigation conducted by the police and Tenaga Nasional berhad (TNB) revealed that the house was illegally drawing electricity to extract Bitcoin. The authorities seized nine Bitcoin mining platforms, nine bomb lovers, and a D-Link.
The last cases have shed light on another example of illegal cryptocurrencies that grow in frequency throughout Malaysia.
Bitcoin miners steal electricity in Malaysia
Between 2018 and 2023, Malaysia lost about 723 million dollars due to the use of unauthorized electricity for encryption mining. The Deputy Minister, Amal Nasser, then stated that miners are taking advantage of the abstract force, but the energy providers have ways to discover. In a campaign in October 2022, the authorities seized and destroyed more than 2000 unconfirmed mining devices worth $ 467,000.
Despite these losses, coded currency mining itself is not illegal in Malaysia, but the stealing of electricity in the country is a serious crime that carries penalties of 100,000 Malaysian Rangeett ($ 21,000) in fines or five years in prison.
Last August, the Malaysian authorities arrested seven individuals – three local population and four foreigners – claiming the stealing of electricity for bitcoin mining. Sibang County Police Commander confirmed that none of them had previous criminal records. Officials seized 52 mining platforms and electronic devices worth about $ 57,000.
In the same month, the Malaysian authorities destroyed 985 mining platforms worth $ 452,500 by crushing them using Steamroller. These machines were confiscated during enforcement operations from 2022 to April 2024.
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