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

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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.

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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

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