Malaysia is facing a dramatic rise in illegal cryptocurrency mining. The country’s largest national energy provider, Tenaga Nasional Berhad (TNB), reported that electricity theft related to crypto mining has nearly tripled over the past six years — growing from 610 cases in 2018 to 2,397 cases in 2024.

🔹 What’s happening?

Crypto miners in Malaysia are increasingly stealing electricity, often by tampering with or bypassing electric meters. These activities have cost the utility hundreds of millions of dollars and have destabilized the national grid, according to TNB.

🔹 Joint raids with authorities

TNB has been conducting nationwide crackdowns in cooperation with anti-corruption officials, local councils, and regulatory bodies. These enforcement efforts aim to dismantle illegal mining farms and restore grid stability.

🔹 Nightmare electricity bills

Some unaware property owners were shocked to receive electricity bills of up to $278,400, after discovering that tenants had secretly turned their properties into mining farms.

🔹 Smart meters to the rescue

In response, TNB is rolling out smart meters that track electricity usage in real-time and can detect abnormal consumption patterns. The company is also calling for stricter enforcement of Malaysian electricity supply laws, which could mean up to 10 years in prison or fines of more than $212,000 for tampering with the grid.

🔹 Why is Malaysia attractive to miners?

The answer is simple — cheap electricity. According to the latest data, electricity in Malaysia costs only $0.052 per kWh, making it an appealing location for illegal miners, especially as crypto demand continues to grow.

🔹 Not just Malaysia — Kuwait faces similar issues

Other countries are cracking down too. Kuwaiti authorities recently detained 116 people and shut down over 1,000 illegal crypto mining operations, citing blackouts and stress on the national grid.

🌐 Summary:

Illegal crypto mining is becoming a global problem — overloading power grids, costing landlords a fortune, and threatening energy stability. Malaysia is stepping up with technology and tougher laws to defend its infrastructure.

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