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Malaysian Power Company Hunts Down Illegal Bitcoin Miners Who Stole Electricity

By WebsCryptoMarch 7, 20221 Min Read
Malaysian Power Company Hunts Down Illegal Bitcoin Miners Who Stole Electricity
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On March 6, Tenaga Nasional has proposed to impose special tariffs on bitcoin BTC -0.06% mining operators to combat electricity theft, and also proposed that the Energy Commission encourage bitcoin mining operators to apply for legal electricity supply.

Cryptocurrency mining itself is not illegal in Malaysia. But some miners steal electricity, for example by tampering with meter installations or bypassing meters and gaining illegal connections. Tenaga has been working with Malaysia’s anti-corruption agency, police, energy commissions and local councils to arrest electricity thieves, especially bitcoin miners.

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