Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore
Crypto Mining Causes $1.1B Power Theft in Malaysia

Crypto Mining Causes $1.1B Power Theft in Malaysia

CoinomediaCoinomedia2025/11/19 09:57
By:Aurelien SageAurelien Sage

Malaysia reports over $1.1B in electricity theft by crypto miners since 2020, exposing large-scale illegal operations.How Crypto Miners Are Stealing PowerGovernment Action and Future Plans

  • Malaysia lost over $1.1B to illegal crypto mining since 2020
  • Over 13,800 sites tampered with meters to steal power
  • Government ramps up enforcement to curb future losses

Malaysia’s Ministry of Energy has revealed a staggering loss of over $1.1 billion in electricity caused by illegal crypto mining activities. According to the ministry, this figure spans from the year 2020 up to August 2025 and involves 13,827 sites that were found bypassing or tampering with power meters.

These illicit operations were mostly conducted by cryptocurrency miners seeking to avoid the high electricity costs associated with powering large-scale mining rigs. By illegally modifying electrical systems, operators were able to run their hardware without paying for the energy consumed—putting a significant financial strain on the country’s national utility provider, Tenaga Nasional Berhad (TNB).

How Crypto Miners Are Stealing Power

Crypto mining is energy-intensive, often requiring specialized hardware operating 24/7. In Malaysia, many illegal miners manipulate or bypass electric meters to avoid detection and cut costs. These actions not only result in financial loss but also pose safety risks, including fire hazards due to unsafe wiring and overloaded circuits.

TNB has been actively cooperating with law enforcement to detect and shut down these operations. Advanced monitoring tools and data analytics are being deployed to identify unusual consumption patterns that may indicate illegal activity.

Government Action and Future Plans

The Ministry of Energy is stepping up its efforts to combat crypto mining electricity theft, including stricter regulations, increased inspections, and heavier penalties for violators. Officials are also considering policy changes that would allow faster legal actions and stricter penalties to deter future cases.

In addition to enforcement, authorities are calling for greater public awareness. They encourage citizens to report suspicious electrical setups and help reduce the growing burden on Malaysia’s power infrastructure.

Read Also :

  • Crypto Mining Causes $1.1B Power Theft in Malaysia
  • Only 5% Left: Bitcoin’s Scarcity Explained
  • Bitcoin & Ethereum ETFs See Big Outflows, SOL Gains
  • ARB DEX Volume Surges 7X Since 2022
  • Clapp Finance Launches Multi-Collateral Crypto Credit Line: Unlock Instant Liquidity Without Selling Your Crypto
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Hyperliquid (HYPE) Price Rally: On-Chain Liquidity Breakthrough and DeFi Market Revaluation Projected for 2025

- Hyperliquid's HYPE token surged amid BLP innovation, boosting capital efficiency via shared lending pools and reducing cross-protocol friction. - TVL grew 19.78% to $2.15B in 30 days, driven by $303B October trading volume and $1.3B HYPE buybacks tightening token supply. - Institutional adoption accelerates with 21Shares' HYPE ETF filing and SEC's crypto ETF fast-tracking, aligning with BlackRock's $50B IBIT success. - Technical risks persist (bearish patterns, $35.5 support level), but zk-KYC audits and

Bitget-RWA2025/11/19 11:46

XRP News Today: SEC Grants Approval for XRP ETF as a Commodity, Sidestepping Security Status Debate

- SEC approves Franklin Templeton's XRP ETF (ticker EZRP), marking XRP's institutional legitimacy as a commodity asset. - The ETF, holding XRP via Coinbase Custody, avoids airdrops/forks and sidesteps SEC's security classification dispute over XRP. - Market sees it as a catalyst for institutional crypto adoption, with potential inflows mirroring Bitcoin/ETH ETF success. - XRP's 11% post-approval price drop and regulatory uncertainty highlight risks despite 0.19% competitive fee structure.

Bitget-RWA2025/11/19 11:32
XRP News Today: SEC Grants Approval for XRP ETF as a Commodity, Sidestepping Security Status Debate

Bitcoin Updates: Amid Bitcoin’s Plunge, Saylor’s Company Amasses $835M, Bucking the Market Sell-Off

- Michael Saylor's Strategy Inc. bought 8,178 BTC ($835.6M) despite Bitcoin's 25% drop, boosting holdings to 649,870 BTC ($61.7B). - The purchase, funded by perpetual preferred stock sales, reflects confidence in Bitcoin's long-term value despite market selloffs and ETF outflows. - Saylor's firm maintains a conservative leverage ratio (8B debt vs. 61B BTC) and claims resilience against multi-year price collapses. - Institutional Bitcoin adoption persists as Harvard allocates $443M to crypto ETFs, though St

Bitget-RWA2025/11/19 11:32
Bitcoin Updates: Amid Bitcoin’s Plunge, Saylor’s Company Amasses $835M, Bucking the Market Sell-Off

Prisoner Exchange Approaches Amid Intensified Russian Energy Attacks on Ukraine

- Ukraine and Russia near agreement to resume large-scale prisoner exchanges, targeting 1,200 Ukrainian captives by November, mediated by Turkey and the UAE. - Russia escalates energy infrastructure attacks, including Odesa solar plant strikes, while Ukraine retaliates with strikes on Russian oil refineries and drone facilities. - Trump administration proposes 28-point peace plan for Ukraine, inspired by Gaza ceasefire model, with unclear details on territorial concessions and NATO membership. - Kyiv secur

Bitget-RWA2025/11/19 11:32
Prisoner Exchange Approaches Amid Intensified Russian Energy Attacks on Ukraine