In brief
- Tenaga Nasional Berhad reported RM 4.57 billion in losses from illegal crypto-mining activity across 13,827 premises.
- Authorities earlier flagged a 300 percent jump in crypto-linked power theft and rising cases first discovered back in 2018.
- Local observers expect tighter monitoring, new licensing lanes, and faster enforcement as Malaysia weighs reforms.
Malaysia’s state electric utility provider, Tenaga Nasional Berhad, said illegal crypto-mining operations have drained roughly $1.1 billion worth of electricity over the past five years. That’s a sharp spike from the rising power-theft cases authorities had disclosed earlier in May.
Malaysia’s Energy Transition and Water Transformation Ministry told Parliament in a written…
