Malaysia’s nationwide utility Tenaga Nasional Berhad (TNB) has uncovered over $1.1 billion in losses from electrical energy stolen for crypto mining operations over roughly the previous 5 years, amid the nation’s ongoing crackdown on energy theft.
The nation’s power ministry wrote in a parliamentary submitting dated Tuesday that TNB has recognized 13,827 premises that illegally siphoned energy to mine bitcoin and different cryptocurrencies between 2020 and August 2025. That led to losses of at the least 4.57 billion ringgit ($1.1 billion).
The ministry stated the exercise poses a severe risk to the nationwide electrical provide system and public security, the nation’s financial stability.
Malaysia has been battling illicit crypto mining operations as early as 2018 to stop hovering electrical energy prices. In August 2024, native authorities stated it had destroyed over 900 bitcoin mining rigs value almost 2 million ringgit ($482,160).
Within the Tuesday submitting, the power ministry stated that TNB has constructed an inside database of property house owners and tenants suspected of involvement in electrical energy theft to higher determine and monitor suspicious websites going ahead.
“This database serves as an necessary inside reference for figuring out and monitoring suspicious premises and varieties the premise for operational inspection actions,” stated the power ministry within the translated doc.
On the technical entrance, TNB has deployed good meters and launched the “Distribution Transformer Meter” pilot program at power substations to higher monitor power utilization and detect irregular patterns, the ministry stated.
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