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Malaysia cracks down on crypto power theft as bitcoin mining drains the grid

Authorities identified 13,827 premises involved in illicit power consumption for mining. TNB seized bitcoin mining machines during joint inspections. Smart meters are being installed to detect suspicious energy use in real time. Malaysia is intensifying its response to rising energy losses linked to cryptocurrency mining, as new figures show widespread electricity theft across the country. [...]The post Malaysia cracks down on crypto power theft as bitcoin mining drains the grid appeared first on CoinJournal.

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