tldr; Bitcoin thieves in Malaysia have stolen $1.1 billion worth of electricity for illegal mining operations, using tactics like fake bird noises to mask the sound of mining rigs. Authorities have identified over 13,000 illicit sites since 2020 and are employing drones, thermal imaging, and handheld sensors to detect unauthorized power usage. The crackdown aims to protect Malaysia’s energy infrastructure, which is critical for its green transition and economic growth. The government is considering stricter measures, including a potential ban on Bitcoin mining.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Oograr on
How do you lose $1.1b in electricity before you figure out something is wrong?
Very_Type_C on
Malaysia mentioned for the wrong reasons again 🇲🇾🇲🇾🇲🇾😭😍🙏🙏🙏
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tldr; Bitcoin thieves in Malaysia have stolen $1.1 billion worth of electricity for illegal mining operations, using tactics like fake bird noises to mask the sound of mining rigs. Authorities have identified over 13,000 illicit sites since 2020 and are employing drones, thermal imaging, and handheld sensors to detect unauthorized power usage. The crackdown aims to protect Malaysia’s energy infrastructure, which is critical for its green transition and economic growth. The government is considering stricter measures, including a potential ban on Bitcoin mining.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
How do you lose $1.1b in electricity before you figure out something is wrong?
Malaysia mentioned for the wrong reasons again 🇲🇾🇲🇾🇲🇾😭😍🙏🙏🙏