The post Malaysia Reports $1.1 Billion Electricity Losses Tied to Illegal Bitcoin Mining Surge appeared on BitcoinEthereumNews.com. Malaysia’s illegal crypto mining operations have caused $1.1 billion in electricity losses since 2020, with 13,827 cases reported. This sharp rise in power theft, tied to bypassing meters for industrial-scale rigs, highlights the urgent need for enhanced monitoring and regulatory clarity in the crypto sector. Sharp Increase in Cases: Electricity theft linked to crypto mining […] Source: https://en.coinotag.com/malaysia-reports-1-1-billion-electricity-losses-tied-to-illegal-bitcoin-mining-surgeThe post Malaysia Reports $1.1 Billion Electricity Losses Tied to Illegal Bitcoin Mining Surge appeared on BitcoinEthereumNews.com. Malaysia’s illegal crypto mining operations have caused $1.1 billion in electricity losses since 2020, with 13,827 cases reported. This sharp rise in power theft, tied to bypassing meters for industrial-scale rigs, highlights the urgent need for enhanced monitoring and regulatory clarity in the crypto sector. Sharp Increase in Cases: Electricity theft linked to crypto mining […] Source: https://en.coinotag.com/malaysia-reports-1-1-billion-electricity-losses-tied-to-illegal-bitcoin-mining-surge