Bitcoin Illegal Mining Ring Busted in Malaysia... Power Theft Profits Estimated at 100,000 Ringgit a Month
TNB conducted the two-day operation on July 22 and 23 at four rental properties linked to suspected BTC mining activity.
Authorities arrested 3 local men and confiscated 71 crypto mining devices at the scene.
The group is believed to have used electricity without a formal power contract, with monthly profits from power theft estimated at about 100,000 ringgit.