Discover an illegal Bitcoin mining operation in Malaysia revealed after an explosion. Understand the legal consequences of electricity theft in Bitcoin mining.
Following an explosion in Bandar Puchong Alam, Malaysia, the police uncovered an illegal Bitcoin (BTC) mining center that was stealing electricity. The center had 9 mining rigs along with peripheral equipment that were illicitly connected to the power grid. While Bitcoin mining is legal in Malaysia, tampering with power lines can result in a fine of up to 100,000 ringgit ($23,700) and a prison sentence of up to 5 years. Estimates suggest that Malaysia has incurred around $750 million in stolen electricity by miners between 2018 and 2023.
