Southeast Asia grows wary of crypto mining – DW – 11/28/2025
Malaysia’s national utility firm Tenaga Nasional incurred losses of more than $1 billion (€860 million) from illegal power usage by cryptocurrency miners between 2020 and August this year, the country’s Energy Ministry said earlier this month.
Malaysian police have stepped up a crackdown, conducting several raids on suspected sites since January, as part of a multi-agency operation with energy regulators and anti-graft authorities to tackle electricity theft linked to crypto mining.
Tenaga Nasional said in a report to parliament this month that it had detected 13,827 establishments suspected of being illegal crypto mining sites.
“These activities not only threaten user safety, but also jeopardize the nation’s economic…
