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Bitcoin (BTC) Mining Costs This Country So Much! “$1.1 Billion Vanished!”

An attention-grabbing incident relating to cryptocurrency mining occurred in Malaysia.

Malaysia’s state-run vitality firm Tenaga Nasional Berhad (TNB) has reported losses of $1.1 billion as a consequence of energy theft by cryptocurrency miners from 2020 to August 2025, Reuters reported.

The nation’s Ministry of Vitality and Pure Sources introduced in a letter to parliament that it had recognized 13,827 workplaces that illegally leaked electrical energy for cryptocurrency mining between 2020 and August 2025.

This resulted in losses of at the least 4.57 billion ringgit ($1.1 billion).

The ministry stated the actions in query pose a critical risk to the nation’s electrical energy provide system, public security and the nation’s financial stability.

It’s acknowledged that theft normally happens within the type of meter tampering and unauthorized connections to the community.

The ministry stated it has been preventing unlawful cryptocurrency mining actions since 2018 to stop hovering electrical energy costs, and stated TNB has created an inside database of property house owners and tenants suspected of being concerned in electrical energy theft and can step up efforts to determine and observe suspicious areas sooner or later.

Lastly, the ministry stated that from a technical perspective, TNB is utilizing sensible meters and has began a testing program for ‘distribution transformer meters’ to raised monitor vitality utilization at substations and detect irregular patterns.

*This isn’t funding recommendation.

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