The post Crypto Miners Steal $1.1B in Electricity in Malaysia appeared first on Coinpedia Fintech News
Malaysia’s Energy Ministry reported that between 2020 and August 2025, illegal crypto miners stole more than $1.1 billion worth of electricity from national utility TNB. Authorities uncovered 13,827 sites tampering with or bypassing meters to power their mining rigs. TNB is working with enforcement agencies, using smart meters and conducting raids to fight back against this costly theft and protect the power grid. Public awareness efforts are also underway to curb this growing issue.