Crypto Mining Surge Sparks Electricity Crisis in Malaysia, TNB Reports 300% Rise in Power Theft
Power Theft Soars as Illegal Mining Spreads Malaysia’s largest energy provider, Tenaga Nasional Berhad (TNB), has reported a staggering 300% increase in electricity theft linked to illegal cryptocurrency mining operations since 2018. The company revealed that the number of theft cases surged from 610 in 2018 to 2,397 by 2024, with offenders siphoning off subsidized electricity using…