🚨 Breaking News: Bitcoin Mining Sparks Major Electricity Theft in Malaysia! 🚨
Hold onto your hats, Bitcoin enthusiasts! A recent report from MalayMail reveals that Bitcoin and crypto mining operations were behind a staggering RM3.4 billion ($723 million) in electricity theft in Malaysia between 2018 and 2023. 😱
Despite the crackdown, crypto mining remains legal in Malaysia. However, the unauthorized use of electricity has led to significant losses for the country. Deputy Minister Akmal Nasrullah Mohd Nasir emphasized that energy companies have methods to detect unusual consumption patterns, debunking miners' belief that their activities go unnoticed.
While the government is prioritizing efforts to combat electricity theft, the push for green energy continues. 🌱
