News list for " miners stole $722 million"

Malaysian Minister: Illegal cryptocurrency miners have stolen $722 million worth of electricity

Malaysian officials say cryptocurrency miners stole $722 million in electricity, and illegal cryptocurrency miners in Malaysia stole $722 million worth of electricity bills between 2018 and 2023, according to Malaysia's deputy minister for energy transformation and water conversion. The Malay Post reports that Akmal Nasrullah Mohd Nasir revealed the figure during a campaign to process 2022 seized items, including bitcoin mining equipment. "The reason why people who steal electricity for cryptocu...

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2024-07-10 13:54:35
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