Related News

How one company is making money – and jewelry – from abandoned mine sites

How one company is making money – and jewelry – from abandoned mine sites

October 14, 2025
CertiK’s March Report Reveals Biggest Crypto Threats as Kraken User Loses $18.2M

CertiK’s March Report Reveals Biggest Crypto Threats as Kraken User Loses $18.2M

March 31, 2026
Japan Reshapes Its Crypto Framework as Regulation Moves Under Securities Law For The First Time

Japan Reshapes Its Crypto Framework as Regulation Moves Under Securities Law For The First Time

November 26, 2025

Browse by Category

  • Canadian news feed
  • Crypto
  • Faith
  • Geothermal
  • Golf news
  • Hockey news
  • Running & fitness
  • Skateboarding
  • Sports & Fitness
  • WeMaple news

Related News

How one company is making money – and jewelry – from abandoned mine sites

How one company is making money – and jewelry – from abandoned mine sites

October 14, 2025
CertiK’s March Report Reveals Biggest Crypto Threats as Kraken User Loses $18.2M

CertiK’s March Report Reveals Biggest Crypto Threats as Kraken User Loses $18.2M

March 31, 2026
Japan Reshapes Its Crypto Framework as Regulation Moves Under Securities Law For The First Time

Japan Reshapes Its Crypto Framework as Regulation Moves Under Securities Law For The First Time

November 26, 2025

Browse by Category

  • Canadian news feed
  • Crypto
  • Faith
  • Geothermal
  • Golf news
  • Hockey news
  • Running & fitness
  • Skateboarding
  • Sports & Fitness
  • WeMaple news
WEMAPLE NEWS - Brand Partnerships
  • Home
  • Canadian news feed
  • Skateboarding
  • Sports & Fitness
    • Golf
    • Hockey
    • Running & fitness
  • Faith
  • Geothermal
  • Crypto
  • WeMaple news
No Result
View All Result
CONTRIBUTE
WEMAPLE NEWS - Brand Partnerships
  • Home
  • Canadian news feed
  • Skateboarding
  • Sports & Fitness
    • Golf
    • Hockey
    • Running & fitness
  • Faith
  • Geothermal
  • Crypto
  • WeMaple news
No Result
View All Result
WEMAPLE NEWS - Brand Partnerships
No Result
View All Result
Home Crypto

Bitcoin’s Dark Energy: Malaysia Cracks Down, Seizing 14,000 Rigs Over $1B Power Theft

WeMaple AI by WeMaple AI
December 5, 2025
in Crypto
0
Bitcoin’s Dark Energy: Malaysia Cracks Down, Seizing 14,000 Rigs Over $1B Power Theft
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter

According to utility records and media reports, Malaysian authorities have begun a nationwide crackdown on illegal Bitcoin mining after state power losses linked to miners topped roughly $1.1 billion between 2020 and August 2025.

You might also like

Autheo Pitches Decentralized Operating System For AI Agents And Blockchain

MEXC Lists Ondo Yield Asset As Tokenized Treasury Demand Grows

Ethereum Foundation Guide Targets Government And Institutional Blockchain Use

The push targets nearly 13,800–14,000 sites suspected of tapping power without paying. Actions have included drone sweeps, meter inspections and on-the-ground raids.

Task Force Launches Drone And Ground Sweeps

Based on reports, a multi-agency task force was formed that includes the national utility Tenaga Nasional Berhad (TNB), police and other regulators. Drones fitted with thermal cameras and teams with special meters have been used to spot heat signatures and odd power draws in warehouses, shuttered shops and even residential blocks.

Bitcoin mining hardware were seized in several operations and arrests were reported in at least a few cases where evidence of meter tampering was found.

Illegal Bitcoin Mining: Estimated Losses And Numbers

The scale is large. Reports have disclosed losses of about $1.1 billion, which is roughly RM 4.57 billion, and investigators say the number of illicit premises discovered since 2020 is close to 14,000.

Authorities warned that power theft linked to mining has climbed sharply in recent years, with some sources pointing to an increase of about 300% since 2018. Many operators pick low-cost hiding spots and keep moving to avoid detection.

Legal And Policy Questions Loom

While Bitcoin mining itself is not outright banned in Malaysia, stealing power and bypassing meters is illegal under the Electricity Supply Act 1990. Officials are weighing tougher steps. Some lawmakers and energy officials have raised the option of stricter licensing, smarter metering or even temporary bans on certain operations if theft continues.

Based on reports, the effort is meant to protect grid stability and stop long running losses that hit the utility’s bottom line.

Safety Risks And Grid Strain

Beyond the money, authorities say there are safety concerns. Tampered connections and overloaded lines raise the risk of short circuits and fires, and they can damage transformers and other costly equipment.

In some areas, local residents reported flickering lights and unstable supply, which investigators link to abnormal draws found at nearby illegal mining sites. Those technical strains add urgency to enforcement.

What Comes Next

Reports suggest enforcement will rely on a mix of tech—drones, thermal scans, smart meters—and traditional policing. For now, the immediate goal is to shut down rigs, seize equipment and bring legal action against operators who took power without paying. The long term path may include clearer rules for legal miners and tighter monitoring across the grid.

Featured image from Pexels, chart from TradingView

Read Entire Article
Tags: Celebrity NewsCrypto
Share30Tweet19
WeMaple AI

WeMaple AI

Recommended For You

Autheo Pitches Decentralized Operating System For AI Agents And Blockchain

by WeMaple AI
July 3, 2026
0
Autheo Pitches Decentralized Operating System For AI Agents And Blockchain

Autheo introduced a decentralized Internet Operating System aimed at AI agents and blockchain transaction

Read more

MEXC Lists Ondo Yield Asset As Tokenized Treasury Demand Grows

by WeMaple AI
July 3, 2026
0
MEXC Lists Ondo Yield Asset As Tokenized Treasury Demand Grows

MEXC listed an Ondo-linked tokenized yield asset, highlighting continued demand for real-world asset products in crypto

Read more

Ethereum Foundation Guide Targets Government And Institutional Blockchain Use

by WeMaple AI
July 3, 2026
0
Ethereum Foundation Guide Targets Government And Institutional Blockchain Use

The Ethereum Foundation published a guide aimed at government and institutional use of Ethereum

Read more

SEC And CFTC Seek Comment On Portfolio Margining Harmonization

by WeMaple AI
July 3, 2026
0
SEC And CFTC Seek Comment On Portfolio Margining Harmonization

The SEC and CFTC are seeking comment on portfolio margining harmonization, a technical issue with real implications for derivatives

Read more

India’s RBI Wants Banks To Stay Away From Crypto, Even Ready To Ban It!

by WeMaple AI
July 3, 2026
0
India’s RBI Wants Banks To Stay Away From Crypto, Even Ready To Ban It!

The post India’s RBI Wants Banks To Stay Away From Crypto, Even Ready To Ban It! appeared first on Coinpedia Fintech News The Indian government, which collected nearly...

Read more
Next Post
Dogecoin Bulls Smell $1.30 As On-Chain Data Turns Red-Hot

Dogecoin Bulls Smell $1.30 As On-Chain Data Turns Red-Hot

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Related News

How one company is making money – and jewelry – from abandoned mine sites

How one company is making money – and jewelry – from abandoned mine sites

October 14, 2025
CertiK’s March Report Reveals Biggest Crypto Threats as Kraken User Loses $18.2M

CertiK’s March Report Reveals Biggest Crypto Threats as Kraken User Loses $18.2M

March 31, 2026
Japan Reshapes Its Crypto Framework as Regulation Moves Under Securities Law For The First Time

Japan Reshapes Its Crypto Framework as Regulation Moves Under Securities Law For The First Time

November 26, 2025

Browse by Category

  • Canadian news feed
  • Crypto
  • Faith
  • Geothermal
  • Golf news
  • Hockey news
  • Running & fitness
  • Skateboarding
  • Sports & Fitness
  • WeMaple news
WEMAPLE NEWS – Brand Partnerships

Wemaple will be firmly committed to the public interest and democratic values.

CATEGORIES

  • Canadian news feed
  • Crypto
  • Faith
  • Geothermal
  • Golf news
  • Hockey news
  • Running & fitness
  • Skateboarding
  • Sports & Fitness
  • WeMaple news

BROWSE BY TAG

AZO Clean Tech Bitcoinist Bitcoinmagazine Canada News CBC.ca Celebrity News Christian Post CoinPedia Corporate Knights Crypto Cryptoslate Faith Geothermal Golf Hockey Lifehacker Ludwig-van.com NcrOnline newsbtc Skateboarding tomsguide.com Utah news dispatch

© 2025 wemaple.canadiana.news - all rights reserved. YYC TECH CONSULTING.

No Result
View All Result
  • Home
  • Canadian news feed
  • Skateboarding
  • Sports & Fitness
    • Golf
    • Hockey
    • Running & fitness
  • Faith
  • Geothermal
  • Crypto
  • WeMaple news

© 2025 wemaple.canadiana.news - all rights reserved. YYC TECH CONSULTING.