Notification
Mycryptopot
  • Home
  • News
  • Crypto
    • Altcoins
    • Bitcoin
    • Blockchain
    • Cardano
    • Ethereum
    • Nft
    • Solana
    • XRP
    • Tron
  • MarketCap
  • Market
  • Forex
  • Mining
  • Metaverse
  • Exchange
  • Regulations
  • Analysis
    • Crypto Bubbles
    • Multi Currency
    • Evaluation
Reading: Bitcoin (BTC) Mining Costs This Country So Much! “$1.1 Billion Vanished!”
Share
bitcoin
Bitcoin (BTC) $ 88,685.00
ethereum
Ethereum (ETH) $ 2,993.96
tether
Tether (USDT) $ 0.998616
bnb
BNB (BNB) $ 899.41
usd-coin
USDC (USDC) $ 0.999614
xrp
XRP (XRP) $ 1.89
binance-usd
BUSD (BUSD) $ 0.998095
dogecoin
Dogecoin (DOGE) $ 0.123756
cardano
Cardano (ADA) $ 0.35445
solana
Wrapped SOL (SOL) $ 124.46
polkadot
Polkadot (DOT) $ 1.84
tron
TRON (TRX) $ 0.294799
MycryptopotMycryptopot
Search
  • Home
  • News
  • Crypto
    • Altcoins
    • Bitcoin
    • Blockchain
    • Cardano
    • Ethereum
    • Nft
    • Solana
    • XRP
    • Tron
  • MarketCap
  • Market
  • Forex
  • Mining
  • Metaverse
  • Exchange
  • Regulations
  • Analysis
    • Crypto Bubbles
    • Multi Currency
    • Evaluation
© 2024 All Rights reserved | Powered by Crypto My Crypto Pot
Mycryptopot > Uncategorized > Mining > Bitcoin (BTC) Mining Costs This Country So Much! “$1.1 Billion Vanished!”
Mining

Bitcoin (BTC) Mining Costs This Country So Much! “$1.1 Billion Vanished!”

November 19, 2025 2 Min Read
Share
image
mycryptopot

An attention-grabbing incident concerning cryptocurrency mining occurred in Malaysia.

Malaysia’s nationwide vitality firm, Tenaga Nasional Berhad (TNB), reported losses of $1.1 billion resulting from electrical energy theft by cryptocurrency miners from 2020 to August 2025, Reuters reported.

mycryptopot

The nation’s Ministry of Vitality and Pure Sources introduced in a doc despatched to parliament that it had recognized 13,827 workplaces that illegally leaked electrical energy for crypto mining between 2020 and August 2025.

This resulted in losses of a minimum of 4.57 billion ringgit ($1.1 billion).

The ministry acknowledged that the exercise in query poses a critical menace to the nationwide electrical energy provide system, public security and the financial stability of the nation.

It was acknowledged that the theft normally happens within the type of tampering with meters or making unauthorized connections to the community.

mycryptopot

The ministry acknowledged that it has been combating unlawful crypto mining actions since 2018 to forestall rising electrical energy prices, and that TNB has created an inner database of property homeowners and tenants suspected of being concerned in electrical energy theft and can now higher determine and monitor suspicious areas.

Lastly, the Ministry additionally acknowledged that from a technical perspective, TNB is utilizing sensible meters and has launched a “Distribution Transformer Meter” pilot program to higher monitor vitality utilization at vitality substations and detect irregular patterns.

*This isn’t funding recommendation.

mycryptopot

You Might Also Like

Bitcoin Exchange OKX Announces Listing of Recently Popular Memecoin!

More Than 20M Merchants Now Accept TRON via AEON Pay

Cardano Price Chart Shows Bullish Pattern, ADA Bull Run to $1.5?

Fed’s Most Dovish Member Speaks on Interest Rate Decision – A Big Surprise Could Be Coming in December

Wall Street Bitcoin Miner Expands to Ethiopia to Combat 170% Surge in Production Costs

TAGGED:MiningMining NewsNews
Share This Article
Facebook Twitter Copy Link
Previous Article image UBS and Ant bet on blockchain to break bottleneck in global treasury flows
Next Article Bitcoin and Ethereum What Happens To The Ethereum Price If It Replicates Bitcoin Supercycle?
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

- Advertisement -
mycryptopot

Popular News

Tangle Network Partners with Orochi Network to Advance Blockchain Capabilities
Tangle Network Partners with Orochi Network to Advance Blockchain Capabilities
SONEX launches on Soneium’s mainnet 
SONEX launches on Soneium’s mainnet 
Apple (AAPL) Stock
Elon Musk’s SpaceX in talks to merge with xAI before IPO
Shiba Inu
Solana Unveils “Seeker” Phone: Will SOL Spike To $250 Now?
Shiba Inu
Cardano: Recent Poll Has ADA Beating Out Ethereum & Solana
Highlights From ABS2024 In Taipei: 13,245 Attendees Gather For Asia’s Premier Blockchain Summit
Highlights From ABS2024 In Taipei: 13,245 Attendees Gather For Asia’s Premier Blockchain Summit
- Advertisement -
mycryptopot

You Might Also Like

image
Market

Schiff Says Strategy Would Rank Among Worst S&P 500 Performers

January 3, 2026
us nato flags
Cardano

How High Can Cardano Rise Amid Rate Cut Hype & ETF Approval?

September 8, 2025
image
Market

Securitize eyes $1B SPAC merger with Cantor Fitzgerald to go public

October 17, 2025
Stablecoins May Cushion Fed Rate Cut Impact on Treasury Tokens, Standard Chartered's Regional Head Says
Market

Stablecoins May Cushion Fed Rate Cut Impact on Treasury Tokens, Standard Chartered’s Regional Head Says

September 24, 2024
Mycryptopot

"Welcome to MyCryptoPot, your go-to source for the latest insights and developments in the ever-evolving world of cryptocurrency.

Editor Choice

Alphabet Announces $9B AI Deal in Virginia, GOOGL Stock Climbs
Shiba Inu Could Hit Dogecoin’s Market Cap by 2027, Analysts Claim
Bitcoin (BTC): $100,000 Finally Here, This XRP Level Can Send Price to $3, Massive Shiba Inu (SHIB) Bounce: Bull Run Begins?

Follow Us on Socials

We use social media to react to breaking news, update supporters and share information

Facebook Twitter Telegram
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms of Service
Reading: Bitcoin (BTC) Mining Costs This Country So Much! “$1.1 Billion Vanished!”
Share
© 2024 All Rights reserved | Powered by Crypto My Crypto Pot
Welcome Back!

Sign in to your account

Lost your password?