Illegal Crypto Mining Soars in Malaysia, Fourfold Rise Exposes Infrastructure Strain

Tenaga Nasional Berhad (TNB), Malaysia’s largest power company, reports a dramatic fourfold increase in electricity theft linked to illegal cryptocurrency mining. From 610 cases in 2018 to over 2,397 in 2024, this surge threatens the nation’s infrastructure and financial stability. This problem has prompted regulatory agencies across the country to intensify crackdowns on these operations.