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Malaysia’s Power Giant TNB Uncovers 300% Spike in Crypto Miners Hijacking Grid
Malaysia’s Power Giant TNB Uncovers 300% Spike in Crypto Miners Hijacking Grid
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Energy thieves go full throttle—TNB catches crypto ops siphoning electricity at industrial scale.
Underground mining farms bypass meters, rigging infrastructure to mine Bitcoin on stolen watts. The utility’s losses now rival some hedge funds’ quarterly ’operating expenses.’
Another case of decentralized finance meeting centralized consequences—this time with Malaysian voltage regulators playing bounty hunter.
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