$BTC
A government report revealed an increase in illegal Bitcoin and cryptocurrency mining operations in Malaysia, leading to a rise in electricity theft cases through advanced methods to divert current without paying bills, causing significant losses for electricity companies.
According to authorities, several unlicensed mining farms have been seized, along with confiscated mining equipment, warning of the security and economic risks of these practices.
The Malaysian government emphasizes the need to enforce laws to combat this phenomenon, especially given the large amounts of electricity consumed by mining operations, which increases pressure on the country's energy infrastructure.
- Source: "Coin Telegraph" with modifications
