Malaysian Cops Bust Rogue Bitcoin Mining Ring—Because Stealing Electricity is Easier Than Earning ATH

Police in Malaysia just cut power to an illegal Bitcoin mining operation—turns out, bypassing the meter was their most profitable ’trade’ yet.

Subheader: When Crypto Mining Meets Creative Accounting

Authorities raided a warehouse rigged with hundreds of ASICs slurping stolen electricity. No permits, no problem—until the utility bill came due (or didn’t).

Closer: Another day, another crypto scheme that makes Wall Street look almost ethical. At least these guys mined their coins the old-fashioned way: by not paying for anything.

Malaysia’s Stance on Crypto Mining

Illegal mining in Malaysia is a criminal offence and convicts face up to five years in prison, fines of up to $23,172.68 (RM100,000), or both.

Although cryptocurrencies are not recognized as legal tender in Malaysia, the country does not view Bitcoin mining as illegal, but it has to be done with legally sourced electricity.

This is not the first time Malaysian authorities have taken action against illegal crypto-mining operations. In August 2024, seven individuals were arrested, and the Deputy Energy Minister revealed that miners using illegal energy sources had cost the country a staggering $723 million between 2018 and 2023.

In previous instances, Malaysian authorities have taken a hard stance by destroying 985 illegal Bitcoin mining machines using a steamroller, emphasizing their zero-tolerance policy towards the theft of electricity.

In related news, the United States continues to lead the shift toward more sustainable energy sources in Bitcoin mining. North America now accounts for over 80% of all sustainable Bitcoin mining activity, with significant progress in adopting renewable and low-carbon energy options.

This trend reflects a growing commitment to reducing the environmental impact of crypto mining, positioning the U.S. as a central figure in the global transition to greener mining practices.

Malaysian Police Raid Illegal Bitcoin Mining Operation