By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Notification
yourcryptonewstoday yourcryptonewstoday
  • Home
  • News
    • Crypto Bubbles
    • Regulations
    • Metaverse
  • MarketCap
  • Altcoins
    • Solana
  • Crypto
    • Bitcoin
    • Ethereum
    • Cardano
  • Blockchain
  • Market
    • Nft
  • Mining
  • Exchange
  • Analysis
    • Evaluation
    • Multi Currency
Reading: Bitcoin (BTC) Mining Costs This Country So Much! “$1.1 Billion Vanished!”
Share
bitcoin
Bitcoin (BTC) $ 74,873.00
ethereum
Ethereum (ETH) $ 2,356.57
tether
Tether (USDT) $ 1.00
bnb
BNB (BNB) $ 623.99
usd-coin
USDC (USDC) $ 0.999823
xrp
XRP (XRP) $ 1.41
binance-usd
BUSD (BUSD) $ 0.996939
dogecoin
Dogecoin (DOGE) $ 0.097046
cardano
Cardano (ADA) $ 0.24926
solana
Solana (SOL) $ 85.21
polkadot
Polkadot (DOT) $ 1.20
tron
TRON (TRX) $ 0.325382
Your Crypto News TodayYour Crypto News Today
  • Home
  • News
  • MarketCap
  • Altcoins
  • Crypto
  • Blockchain
  • Market
  • Mining
  • Exchange
  • Analysis
Search
  • Home
  • News
    • Crypto Bubbles
    • Regulations
    • Metaverse
  • MarketCap
  • Altcoins
    • Solana
  • Crypto
    • Bitcoin
    • Ethereum
    • Cardano
  • Blockchain
  • Market
    • Nft
  • Mining
  • Exchange
  • Analysis
    • Evaluation
    • Multi Currency
© 2024 All Rights reserved | Protected by Your Cryptonews Today
Your Crypto News Today > Mining > Bitcoin (BTC) Mining Costs This Country So Much! “$1.1 Billion Vanished!”
Mining

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

November 21, 2025 2 Min Read
Share
image

An fascinating incident relating to cryptocurrency mining occurred in Malaysia.

Malaysia’s nationwide power firm, Tenaga Nasional Berhad (TNB), reported losses of $1.1 billion on account of electrical energy theft by cryptocurrency miners from 2020 to August 2025, Reuters reported.

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

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

The ministry said that the exercise in query poses a critical menace to the nationwide electrical energy provide system, public security and the financial stability of the nation.

It was said that the theft often happens within the type of tampering with meters or making unauthorized connections to the community.

The ministry said that it has been combating unlawful crypto mining actions since 2018 to forestall rising electrical energy prices, and that TNB has created an inside database of property house owners and tenants suspected of being concerned in electrical energy theft and can now higher establish and observe suspicious areas.

Lastly, the Ministry additionally said that from a technical perspective, TNB is utilizing good meters and has launched a “Distribution Transformer Meter” pilot program to higher monitor power utilization at power substations and detect irregular patterns.

*This isn’t funding recommendation.

You Might Also Like

COZ introduces cross-chain swaps and skins in Neon Wallet

Binance Delays This Airdrop, Here’s Why

Bitcoin Miner Canaan’s Stock Spikes After Q3 Revenue Rise, Even as BTC Falls

Coinbase Pushes Down Its XRP Stash 4x, but How Is BlackRock Related to This?

NetVRk Unveils AI-Driven Metaverse with Unreal Engine 5

TAGGED:MiningMining NewsNews
Share This Article
Facebook Twitter Copy Link
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Popular News

"Bitcoin is shamefully weak" in the face of quantum computing
BitMEX proposes the “quantum canary” to not “freeze” Satoshi’s bitcoins
AvaCloud Ushers in New Era of Blockchain Privacy with Acquisition of EtraPay and Launch of Privacy Suite
AvaCloud Ushers in New Era of Blockchain Privacy with Acquisition of EtraPay and Launch of Privacy Suite
TRON's Justin Sun Debunks Binance Listing Rumors
TRON’s Justin Sun Debunks Binance Listing Rumors
Universal Health Token Debuts ‘PILLARS OF HEALTH’ NFT Collection
Universal Health Token Debuts ‘PILLARS OF HEALTH’ NFT Collection
Paragon Launches Flagship Loot-Box NFTs, Sell Out in Seconds
Paragon Launches Flagship Loot-Box NFTs, Sell Out in Seconds
Are NFTs Making a Return to Auction Houses?
Are NFTs Making a Return to Auction Houses?

You Might Also Like

Coinbase Could Be One of Biggest US Banks, CEO Armstrong Reveals
Exchange

Coinbase Could Be One of Biggest US Banks, CEO Armstrong Reveals

February 11, 2025
image
Exchange

Bybit Partners With CeyPay to Bring Crypto Payments to 100 Sri Lankan Merchants

November 7, 2025
As Bitcoin Mining Companies Slump, Tether Loads Up on Bitdeer
Mining

As Bitcoin Mining Companies Slump, Tether Loads Up on Bitdeer

April 19, 2025
image
Metaverse

The Sandbox Game Maker: Unleashing Revolutionary Metaverse Experiences

August 7, 2025
yourcryptonewstoday yourcryptonewstoday
yourcryptonewstoday yourcryptonewstoday

"In the fast-paced world of digital finance, staying informed is essential, and we’re here to help you navigate the evolving landscape of crypto currencies, blockchain, & digital assets."

Editor Choice

Vottun and Arbitrum Unite to Advance Blockchain Scalability and Interoperability
Morgan Stanley Announces Its Expectations for Next Week’s FED Interest Rate Decision
Uphold XRP Reserves Belong to Customers, Not Us, as This ‘Holding’ Is Built on Trust, Not Hype: Uphold CEO

Subscribe

* indicates required
/* real people should not fill this in and expect good things - do not remove this or risk form bot signups */

Intuit Mailchimp

Follow Us on Socials

We use social media to react to breaking news, update supporters and share information

Twitter Linkedin Facebook
  • About Us
  • Contact Us
  • Disclaimer
  • Terms of Service
  • Privacy Policy
Reading: Bitcoin (BTC) Mining Costs This Country So Much! “$1.1 Billion Vanished!”
Share
Follow US
© 2025 All Rights reserved | Protected by Your Crypto News Today
Welcome Back!

Sign in to your account

Lost your password?