Malaysia hit with $1.1B loss from underground BTC mining
Authorities have identified 14,000 illegal mining setups in five years, all siphoning electricity from TNB.
Malaysia hit with $1.1B loss from underground BTC mining
Authorities have identified 14,000 illegal mining setups in five years, all siphoning electricity from TNB.
Damn that some large operations. Do you know Malaysia's stance on crypto?
I will do a research about it.
Their country people got the money of BTC and I guess they paid the electricity bill also. So, How it can be considered as loss?
Read the last statement, they were siphoning electricity illegally. Meanwhile those miners lost all their equipment and Bitcoin