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Malaysia Launches Tech-Driven Crackdown on Illegal Bitcoin Mining After $1.1 Billion Power Theft

A new taskforce uses aerial thermal scans with ground sensors to pinpoint clandestine operations that authorities say are straining the grid.

Overview

  • Officials say roughly 14,000 illicit sites have been identified since 2020, with state utility TNB estimating about $1.1 billion in stolen electricity.
  • Formed on Nov. 19, the cross‑agency committee includes the Finance Ministry, Bank Negara Malaysia and TNB to coordinate enforcement.
  • Drones sweep for heat signatures while ground teams use handheld detectors, aided by resident tip‑offs, as miners rotate locations and install heat shields, CCTV and noise masking.
  • Authorities report nearly 2,400 operations were shut in 2024, and warn that tampered lines and overloads risk damaging transformers and disrupting local supply.
  • Thai investigators this week seized 3,642 rigs worth about $8.6 million and linked the mines to transnational scam networks, reinforcing Malaysia’s push for tighter controls such as smarter metering and possible restrictions.