Illegal crypto mining increase: 2,397 cases in Malaysia in 2024

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Anstieg der Fälle von Stromdiebstahl in Malaysia: Illegaler Krypto-Mining im Fokus Im Jahr 2018 wurden in Malaysia insgesamt 610 Fälle von Stromdiebstahl festgestellt, die mit illegalem Krypto-Mining in Verbindung gebracht wurden. Dieser Trend hat sich in den darauffolgenden Jahren dramatisch verstärkt. Laut einem Bericht der malaysischen Energiegesellschaft Tenaga Nasional Berhad (TNB) stieg die Anzahl der …
Increase in cases of electricity theft in Malaysia: Illegal crypto mining in the focus in 2018 was determined in Malaysia a total of 610 cases of electricity theft, which were associated with illegal crypto mining. This trend has increased dramatically in the following years. According to a report by the Malaysian energy company Tenaga Nasional Berhad (TNB), the number of ... (Symbolbild/KNAT)

increase in cases of electricity theft in Malaysia: illegal crypto mining in focus

In 2018, a total of 610 cases of electricity theft were found in Malaysia, which were associated with illegal crypto mining. This trend has increased dramatically in the following years. According to a report by the Malaysian energy company Tenaga Nasional Berhad (TNB), the number of registered cases of electricity theft, which are connected with illegal crypto mining, came to 2,397.

The increase in cases of electricity theft raises questions about the regulation and monitoring of the crypto mining industry in Malaysia. Illegal mining activities often use insufficiently secure power lines, which not only leads to considerable financial losses for energy suppliers, but also harbors dangers for public security.

"The drastic increase in cases shows that our commitment to illegal activities in this industry must be reinforced," said a spokesman for TNB. In response to this development, the Malaysian government is expected to introduce measures to monitor and regulate crypto mining companies in order to contain further electricity theft and its negative consequences.

In summary, it can be said that the explosion of cases of electricity theft in connection with illegal crypto mining in Malaysia is a serious challenge that urges political and technical answers.