Illegal crypto mining drained US$1b of Malaysian power: Ministry
15 Articles
15 Articles
Illegal crypto mining drained US$1b of Malaysian power: Ministry
KUALA LUMPUR: Malaysia's electricity utility lost US$1.1 billion worth of power to illegal cryptocurrency mining since 2020 in thefts the energy ministry said posed a "serious threat to the national energy supply system".National power provider Tenaga Nasional Berhad (TNB) also uncovered 13,827 premises that
Electricity theft from illegal bitcoin mining costs TNB RM4.57bil in losses, Parliament told
KUALA LUMPUR: Malaysia has suffered losses amounting to RM4.57bil from illegal electricity use linked to bitcoin mining activities between 2020 and August 2025, says Deputy Prime Minister Datuk Seri Fadillah Yusof. Read full story
Energy Ministry: Electricity theft for bitcoin mining costs TNB RM4.57b since 2020, 13,827 premises uncovered
KUALA LUMPUR, Nov 19 — More than 13,800 premises nationwide were found using electricity illegally for cryptocurrency mining since 2020, causing losses of RM4.57 billion to...
Malaysia Suffers $1.1B Loss As Illegal Crypto Miners Evade 14,000 Meters
Malaysia’s national power utility, Tenaga Nasional Berhad (TNB), has reported losses of approximately 4.57 billion ringgit (around US$1.11 billion) due to electricity theft by unauthorized cryptocurrency miners between 2020 and August 2025. Investigators identified 13,827 premises using electricity for crypto mining while bypassing or tampering with meters. Authorities have described the issue as a threat to both the integrity of the national gr…
According to local authorities, the state energy company reported multimillion dollar losses due to the theft of electricity, mainly used to support crypto-mining operations in the country. *** Tenaga Nasional Berhad revealed thousands of cases of illegal energy extraction destined for crypto-currencies mining operations. These have resulted in multi-million dollar losses for the country. More than 13,800 facilities were detected subtracting ele…
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