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🚨 New News – Malaysia and Cryptocurrency Mining
The Malaysian Ministry of Energy announced electricity losses estimated at 1.1 billion US dollars since 2020 due to illegal electricity connections for cryptocurrency mining.
🔍 Investigations revealed more than 13,827 illegal mining sites that had bypassed or tampered with electricity meters in the past period.
⚠️ Malaysian authorities emphasized the continuation of raid campaigns and the enforcement of laws to protect the electricity grid from depletion.
📌 Note: The news does not relate to a ban on mining or cryptocurrencies, but rather to combating electricity theft only.
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