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

Solana Update: Bearish Pattern and Weakening Support Point to Solana's $99 Challenge

- Solana's SOL price faces bearish pressure, with technical indicators and on-chain metrics suggesting a potential drop to $99 if key support levels fail. - ETF inflows remain uneven, with Bitwise's BSOL ETF dominating 89% of assets but recent outflows signaling institutional caution amid weak retail demand. - The Upbit hot wallet breach triggered liquidity disruptions, while Nansen data shows 20% monthly declines in TVL, active addresses, and network fees. - Technical analysis highlights a bear flag patte

Bitget-RWA2025/11/27 16:50
Solana Update: Bearish Pattern and Weakening Support Point to Solana's $99 Challenge

Crypto Market Caught Between Surrender and Careful Buying as Underlying Fear Dynamics Change

- Crypto Fear & Greed Index rose to 19/100 from 15/100, remaining in "extreme fear" despite broader equity market pessimism. - Structural downturn driven by leverage, liquidations, and retail capitulation, with social media bullish sentiment at 2-year lows. - Unverified $15B Bitcoin breach and institutional moves (Grayscale ETF, Bybit India) highlight safety concerns and long-term confidence. - KAS, FLR, SKY show modest gains amid "altcoin season," but isolated rallies contrast with fragile market-wide cau

Bitget-RWA2025/11/27 16:50

Solana News Update: Changing Risk Preferences Lead to Outflows from Solana ETFs

- Solana ETFs recorded first outflows since launch, with 21Shares TSOL losing $34.37M in single-day withdrawals. - Price held near $141 despite bearish technical indicators and 20% drop in network TVL to $9.1B. - Institutional holdings remain strong at 6.83M tokens ($964M), but Upbit hack amplified short-term volatility. - Market recovery hinges on Fed's December rate decision and Solana's ability to stabilize key metrics.

Bitget-RWA2025/11/27 16:50

Bitcoin News Update: Optimistic Long Positions and Pessimistic Shorts Clash, Intensifying Cryptocurrency Market Fluctuations

- Hyperwhale shorted 1,000 BTC at $89,765 with 3x leverage, earning $10.6M but facing $1.16M losses as BTC trades at $106,443. - Aggressive bullish bets on Hyperliquid include a 20x $30M BTC long and $92.87M in leveraged longs, contrasting with $343.89M in 24-hour short liquidations. - BTC's RSI at 66 and 15/1 buy/sell signals reinforce short-term bullishness, while $5M POPCAT manipulation risks highlight exchange vulnerabilities. - LeverageShares' 3x BTC/ETH ETFs and compounding risks in products like UDO

Bitget-RWA2025/11/27 16:50
Bitcoin News Update: Optimistic Long Positions and Pessimistic Shorts Clash, Intensifying Cryptocurrency Market Fluctuations