‘Challenge to our system’: Malaysia cracks down on illegal Bitcoin mining; power theft losses reach $1.1 billion
Malaysian authorities are stepping up their crackdown on illegal Bitcoin mining after uncovering nearly 14,000 illicit sites over the past five years and reporting about $1.1 billion in power-theft losses for state utility Tenaga Nasional (TNB).With cases rising sharply, including around 3,000 power-theft incidents linked to mining recorded by early October, the government last month…
