Malaysia Suffers Over $1 Billion in Losses From Illegal Bitcoin Mining Power Theft

• Malaysia has lost over $1.1 billion to electricity theft by illegal crypto miners since 2020.
• Utility giant Tenaga Nasional, TNB, identified 13,827 premises involved in siphoning power from the national grid.
• Authorities are responding with smart meter surveillance and nationwide police raids.

Malaysia has suffered a massive financial loss due to illegal cryptocurrency mining. The national utility company, Tenaga Nasional Berhad (TNB), recorded over $1.1 billion in losses from electricity theft. These figures were disclosed by the Ministry of Energy and Water Transformation on Tuesday.

The Scale of the Power Theft: 13,827 Premises Involved

In a written parliamentary reply dated Nov. 18, the ministry revealed that TNB uncovered 13,827 premises that had been illicitly siphoning electricity for crypto mining between 2020 and August 2025. 

The illegal consumption…

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