Highlights: Malaysia’s Tenaga Nasional Bhd lost over $1 billion from illegal cryptocurrency electricity theft. Authorities raided 13,827 sites and seized Bitcoin mining machines, shutting down unlawful setups. TNB deploys smart meters and AI systems to detect suspicious electricity usage patterns. Malaysia’s national utility company Tenaga Nasional Bhd (TNB) reported losses above $1 billion due to unlawful electricity use linked to cryptocurrency mining from 2020 until August this year, according to the energy ministry. TNB reported that 13,827 locations were found using electricity illegally for cryptocurrency mining during this period. The ministry noted that these cases involved property owners or tenants who connected to the power supply through unauthorized methods that allowed them to bypass official billing. Cracking Down on Illegal Mining to Protect Malaysia’s Power Grid Investigations also confirmed that cryptocurrency mining is allowed, but bypassing meters or changing power lines breaks the Electricity Supply Act. Officials warned that this ongoing problem needs stricter steps to avoid extra pressure on the country’s power system. A combined operation has been running as Tenaga Nasional Bhd worked with different enforcement bodies, including the Energy Commission and the police, to stop continuous electricity theft. The Malaysian Anti-Corruption Commission and local councils also joined in checking sites linked to the illegal use of power. Malaysia’s Ministry of Energy said national utility TNB has lost over $1.1 billion from electricity theft by crypto miners between 2020 and August 2025, with 13,827 sites found illegally modifying or bypassing meters to power mining operations. https://t.co/MrbAWpHBZD — Wu Blockchain (@WuBlockchain) November 19, 2025 Raids caught Bitcoin mining machines at the targeted locations. Officers shut down many illegal setups, taking large amounts of electricity without permission. Authorities said this gave quick relief to stressed parts of the power grid. Mining cryptocurrency needs strong computers that work nonstop and use a lot of electricity. Some illegal miners avoid meters, connect directly to power lines, or tamper with distribution boxes so their electricity use is not recorded. Reports from Malaysian authorities and energy experts show that these illegal miners often move locations quickly. Many illegal miners run their operations for months before authorities catch them and causing Tenaga Nasional to lose millions in unpaid electricity each time. TNB Strengthens Monitoring to Stop Illegal Bitcoin Mining Tenaga Nasional Bhd built a database with full owner and tenant information for places suspected of illegal use. “In an effort to curb this issue, a database that stores complete records of owners and tenants of premises suspected of being involved in electricity theft related to Bitcoin mining activities has been established by TNB,” the ministry said. The database helps track and check places that might be using electricity illegally. It also guides teams when carrying out inspections. Officials are putting smart meters at substations to catch illegal electricity use. The meters watch energy and can show hidden mining machines using power. Tenaga Nasional Bhd will use artificial intelligence to find unusual patterns. The system checks the electricity all the time and shows places that need inspections. Although authorities have closed many illegal cryptocurrency mining setups, many miners keep working secretly. The high profits from crypto mining and the challenge of spotting tampered connections make it hard to stop them. eToro Platform Best Crypto Exchange Over 90 top cryptos to trade Regulated by top-tier entities User-friendly trading app 30+ million users 9.9 Visit eToro eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk. Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment, and you should not expect to be protected if something goes wrong. Highlights: Malaysia’s Tenaga Nasional Bhd lost over $1 billion from illegal cryptocurrency electricity theft. Authorities raided 13,827 sites and seized Bitcoin mining machines, shutting down unlawful setups. TNB deploys smart meters and AI systems to detect suspicious electricity usage patterns. Malaysia’s national utility company Tenaga Nasional Bhd (TNB) reported losses above $1 billion due to unlawful electricity use linked to cryptocurrency mining from 2020 until August this year, according to the energy ministry. TNB reported that 13,827 locations were found using electricity illegally for cryptocurrency mining during this period. The ministry noted that these cases involved property owners or tenants who connected to the power supply through unauthorized methods that allowed them to bypass official billing. Cracking Down on Illegal Mining to Protect Malaysia’s Power Grid Investigations also confirmed that cryptocurrency mining is allowed, but bypassing meters or changing power lines breaks the Electricity Supply Act. Officials warned that this ongoing problem needs stricter steps to avoid extra pressure on the country’s power system. A combined operation has been running as Tenaga Nasional Bhd worked with different enforcement bodies, including the Energy Commission and the police, to stop continuous electricity theft. The Malaysian Anti-Corruption Commission and local councils also joined in checking sites linked to the illegal use of power. Malaysia’s Ministry of Energy said national utility TNB has lost over $1.1 billion from electricity theft by crypto miners between 2020 and August 2025, with 13,827 sites found illegally modifying or bypassing meters to power mining operations. https://t.co/MrbAWpHBZD — Wu Blockchain (@WuBlockchain) November 19, 2025 Raids caught Bitcoin mining machines at the targeted locations. Officers shut down many illegal setups, taking large amounts of electricity without permission. Authorities said this gave quick relief to stressed parts of the power grid. Mining cryptocurrency needs strong computers that work nonstop and use a lot of electricity. Some illegal miners avoid meters, connect directly to power lines, or tamper with distribution boxes so their electricity use is not recorded. Reports from Malaysian authorities and energy experts show that these illegal miners often move locations quickly. Many illegal miners run their operations for months before authorities catch them and causing Tenaga Nasional to lose millions in unpaid electricity each time. TNB Strengthens Monitoring to Stop Illegal Bitcoin Mining Tenaga Nasional Bhd built a database with full owner and tenant information for places suspected of illegal use. “In an effort to curb this issue, a database that stores complete records of owners and tenants of premises suspected of being involved in electricity theft related to Bitcoin mining activities has been established by TNB,” the ministry said. The database helps track and check places that might be using electricity illegally. It also guides teams when carrying out inspections. Officials are putting smart meters at substations to catch illegal electricity use. The meters watch energy and can show hidden mining machines using power. Tenaga Nasional Bhd will use artificial intelligence to find unusual patterns. The system checks the electricity all the time and shows places that need inspections. Although authorities have closed many illegal cryptocurrency mining setups, many miners keep working secretly. The high profits from crypto mining and the challenge of spotting tampered connections make it hard to stop them. eToro Platform Best Crypto Exchange Over 90 top cryptos to trade Regulated by top-tier entities User-friendly trading app 30+ million users 9.9 Visit eToro eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk. Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment, and you should not expect to be protected if something goes wrong.

Malaysia Loses Over $1 Billion to Illegal Cryptocurrency Mining

2025/11/19 18:10
3 min read
For feedback or concerns regarding this content, please contact us at [email protected]

Highlights:

  • Malaysia’s Tenaga Nasional Bhd lost over $1 billion from illegal cryptocurrency electricity theft.
  • Authorities raided 13,827 sites and seized Bitcoin mining machines, shutting down unlawful setups.
  • TNB deploys smart meters and AI systems to detect suspicious electricity usage patterns.

Malaysia’s national utility company Tenaga Nasional Bhd (TNB) reported losses above $1 billion due to unlawful electricity use linked to cryptocurrency mining from 2020 until August this year, according to the energy ministry. TNB reported that 13,827 locations were found using electricity illegally for cryptocurrency mining during this period. The ministry noted that these cases involved property owners or tenants who connected to the power supply through unauthorized methods that allowed them to bypass official billing.

Cracking Down on Illegal Mining to Protect Malaysia’s Power Grid

Investigations also confirmed that cryptocurrency mining is allowed, but bypassing meters or changing power lines breaks the Electricity Supply Act. Officials warned that this ongoing problem needs stricter steps to avoid extra pressure on the country’s power system.

A combined operation has been running as Tenaga Nasional Bhd worked with different enforcement bodies, including the Energy Commission and the police, to stop continuous electricity theft. The Malaysian Anti-Corruption Commission and local councils also joined in checking sites linked to the illegal use of power.

Raids caught Bitcoin mining machines at the targeted locations. Officers shut down many illegal setups, taking large amounts of electricity without permission. Authorities said this gave quick relief to stressed parts of the power grid.

Mining cryptocurrency needs strong computers that work nonstop and use a lot of electricity. Some illegal miners avoid meters, connect directly to power lines, or tamper with distribution boxes so their electricity use is not recorded. Reports from Malaysian authorities and energy experts show that these illegal miners often move locations quickly. Many illegal miners run their operations for months before authorities catch them and causing Tenaga Nasional to lose millions in unpaid electricity each time.

TNB Strengthens Monitoring to Stop Illegal Bitcoin Mining

Tenaga Nasional Bhd built a database with full owner and tenant information for places suspected of illegal use. “In an effort to curb this issue, a database that stores complete records of owners and tenants of premises suspected of being involved in electricity theft related to Bitcoin mining activities has been established by TNB,” the ministry said. The database helps track and check places that might be using electricity illegally. It also guides teams when carrying out inspections.

Officials are putting smart meters at substations to catch illegal electricity use. The meters watch energy and can show hidden mining machines using power. Tenaga Nasional Bhd will use artificial intelligence to find unusual patterns. The system checks the electricity all the time and shows places that need inspections.

Although authorities have closed many illegal cryptocurrency mining setups, many miners keep working secretly. The high profits from crypto mining and the challenge of spotting tampered connections make it hard to stop them.

eToro Platform

Best Crypto Exchange

  • Over 90 top cryptos to trade
  • Regulated by top-tier entities
  • User-friendly trading app
  • 30+ million users
9.9
Visit eToro

eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk. Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment, and you should not expect to be protected if something goes wrong.

Market Opportunity
Smart Blockchain Logo
Smart Blockchain Price(SMART)
$0,00407
$0,00407$0,00407
+0,89%
USD
Smart Blockchain (SMART) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Sobering warning issued about America's 'ticking time-bombs' Trump may soon detonate

Sobering warning issued about America's 'ticking time-bombs' Trump may soon detonate

An economics expert issued a sobering warning on Thursday about the impact President Donald Trump's war in Iran could have at home. Catherine Rampell, economics
Share
Rawstory2026/03/20 09:03
Trump tells Israel not to repeat strikes on Iranian energy as crisis deepens

Trump tells Israel not to repeat strikes on Iranian energy as crisis deepens

QatarEnergy's liquefied natural gas production facilities, amid the US-Israeli conflict with Iran, in Ras Laffan Industrial City, Qatar March 2, 2026.
Share
Rappler2026/03/20 09:08
BlockDAG’s $0.0013 Entry Draws Market Attention Ahead of Deadline

BlockDAG’s $0.0013 Entry Draws Market Attention Ahead of Deadline

The post BlockDAG’s $0.0013 Entry Draws Market Attention Ahead of Deadline appeared on BitcoinEthereumNews.com. Crypto News 20 September 2025 | 00:00 Discover why BlockDAG’s $0.0013 entry is making headlines with nearly $410M raised, 26.3B coins sold, and the limited-time entry closing on Oct 1st. Occasionally, a single figure captures attention across crypto. This time, it isn’t a projection or a chart setup; it is a presale entry point. The $0.0013 price lock from BlockDAG (BDAG) has become more than a presale detail. It represents a marker of timing, reliability, and measurable progress. With more than 26.3 billion coins sold and nearly $410 million already secured, this price is not a teaser. It is a structured offer that continues to attract participants in large numbers. Once October 1st passes, the $0.0013 entry will close, and its significance could be remembered as one of those rare early-stage milestones. The $0.0013 Window Reflects More Than a Temporary Offer Many presales are defined by uncertainty, often shifting timelines and unclear goals. By fixing its presale price at $0.0013 until October 1st, BlockDAG has created a point of clarity in a crowded market. It is less about a discount and more about a defined statement: the project is setting a clear cut-off for early access. This approach has shown results. Over 26.3 billion BDAG coins have already been purchased. That momentum stems from demonstrated progress, not just speculation. A live Testnet, close to 20,000 miners distributed, and more than 3 million daily users of the X1 mobile miner all point to activity happening now rather than deferred promises. On top of this, the return profile is notable. The current batch price is $0.03, while the $0.0013 entry remains open for a limited time. That gap means an ROI of about 2,900% compared with batch 1. Even so, the project is keeping the entry level steady until October 1st, providing…
Share
BitcoinEthereumNews2025/09/20 06:25