Shocking Rise in Electricity Theft: Crypto Mining Fuels Surge in Malaysia

Malaysia is facing a significant surge in electricity theft, with illegal cryptocurrency mining operations playing a major role. The nation’s power utility provider, Tenaga Nasional Berhad (TNB), has documented a dramatic increase in theft cases over the past few years. This rise is primarily attributed to the energy-demanding nature of crypto mining, which compels individuals and groups to circumvent legal electricity connections for cost savings. This illegal practice puts strain on the nation’s power grid and poses safety risks for both utility workers and the public.