Skip to main content
See every side of every news story
Published loading...Updated

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

15 Articles

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…

Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 50% of the sources are Center, 50% of the sources lean Right
50% Right

Factuality Info Icon

To view factuality data please Upgrade to Premium

Ownership

Info Icon

To view ownership data please Upgrade to Vantage

Malay Mail broke the news in Selangor, Malaysia on Wednesday, November 19, 2025.
Too Big Arrow Icon
Sources are mostly out of (0)

Similar News Topics

News
Feed Dots Icon
For You
Search Icon
Search
Blindspot LogoBlindspotLocal