Malaysia

Malaysia’s Crypto Mining Boom Threatened By 0 Million Power Theft

Malaysia’s Crypto Mining Boom Threatened By $100 Million Power Theft

Leave a Comment / Bitcoin, BTC, btcusd, crypto, Crypto News, Malaysia, Mining /

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Malaysia’s crypto miners are at a crossroads. A new study by the ACCESS Blockchain Association of Malaysia points to big gains ahead. But it also warns that illegal outfits are draining more than RM441 million from the power grid between 2020 and […]

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Malaysia’s Crypto Mining to Soar 110% in 2025 as 0 Million Power Theft Persists

Malaysia’s Crypto Mining to Soar 110% in 2025 as $100 Million Power Theft Persists

Leave a Comment / Bitcoin, Bitcoin News, Malaysia, Mining, News /

A new report by the ACCESS Blockchain Association of Malaysia predicts a sharp rise in legal mining activity, driven by infrastructure investment, expanding data center capacity, and increased institutional interest. Yet, electricity theft tied to illegal mining operations continues to erode grid stability and investor confidence. According to the report, the national utility provider Tenaga

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Partnership Signed to Enhance Blockchain-Powered Trade Between Malaysia and Singapore

Partnership Signed to Enhance Blockchain-Powered Trade Between Malaysia and Singapore

Leave a Comment / Malaysia, News Bytes, News Bytes - 5, Singapore /

MYEG, a Malaysian e-government and digital services provider, has signed a Memorandum of Understanding (MoU) with Sgtradex, Singapore’s national digital infrastructure for trade data exchange, to facilitate seamless blockchain-powered trade between Malaysia and Singapore. The agreement, signed at the ASEAN-GCC-China CEO Roundtable, aims to enhance digital connectivity in the ASEAN region by enabling interoperable, cross-border

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Power Thefts from Illegal Crypto Mining Jumped 300% in 6 Years: Malaysian Electricity Board

Power Thefts from Illegal Crypto Mining Jumped 300% in 6 Years: Malaysian Electricity Board

Leave a Comment / Bitcoin mining, Bitcoin News, Crypto Mining, Malaysia /

Tenaga Nasional Berhad (TNB), Malaysia’s largest electricity utility provider, noted that power thefts linked to illegal crypto mining have soared 300% from 2018 to 2024. The board added that illegal mining has increased due to the global crypto transactions, local media reported. TNB derived the statistics through a joint operation involving the Energy Commission, the

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