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    Home»Cryptocurrency»Illegal Bitcoin Mining Operation Exposed After Fire Erupts in Malaysian Home
    Cryptocurrency

    Illegal Bitcoin Mining Operation Exposed After Fire Erupts in Malaysian Home

    IDKWYDBy IDKWYDFebruary 16, 2025No Comments3 Mins Read
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    Malaysia was rocked by an sudden discovery on Tuesday when an explosion and billowing smoke from a home alongside Lorong Cekara Purnama, Bandar Puncak Alam, led authorities to uncover an unlawful bitcoin mining operation.

    The most recent improvement comes because the Southeast Asian nation continues to battle unauthorized crypto mining, which has brought about vital monetary losses and strains on the nation’s energy infrastructure.

    Electrical Fireplace Exposes Unlawful Operation

    Sungai Buloh district police chief, Superintendent Mohd Hafiz Muhammad Nor, revealed that 14 volunteer firefighters from Saujana Utama and Bestari Jaya had been dispatched after a neighborhood lady reported the incident to the Sungai Buloh district police headquarters at 11:41 a.m. on February eleventh.

    Upon arrival, each firefighters and patrolling law enforcement officials needed to forcibly enter the unoccupied home, the place they discovered the fireplace originating from a room full of modified electrical circuits. They’d been illegally linked to the ability grid and had short-circuited which brought about the blaze.

    After extinguishing the fireplace on the night of Tuesday, a joint investigation by the police and Tenaga Nasional Berhad (TNB) personnel revealed the home had been illegally drawing electrical energy for bitcoin mining. Authorities seized 9 Bitcoin mining rigs, 9 blower followers, and a D-link router.

    The most recent case make clear one more occasion of illicit cryptocurrency operations which have been rising in frequency throughout Malaysia.

    Bitcoin Miners Stealing Electrical energy in Malaysia

    Between 2018 and 2023, Malaysia lost roughly $723 million attributable to unauthorized electrical energy use for crypto mining. Deputy Minister Akmal Nasir had then said that miners exploit unmetered energy, however power suppliers have detection strategies. In an October 2022 crackdown, authorities seized and destroyed over 2,000 uncertified mining units price $467K.

    Regardless of these losses, cryptocurrency mining itself shouldn’t be unlawful in Malaysia however electrical energy theft within the nation is a critical offense that carries penalties of as much as RM100,000 ($21,000) in fines or 5 years in jail.

    Final August, Malaysian authorities arrested seven people – three locals and 4 foreigners – for allegedly stealing electrical energy for Bitcoin mining. The Sepang District Police Chief confirmed that none had prior felony data. Officers seized 52 mining rigs and digital units price round $57,000.

    The identical month, Malaysian authorities destroyed 985 seized mining rigs price $452,500 by crushing them with a steamroller. These machines had been confiscated throughout enforcement operations from 2022 to April 2024.

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