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🇲🇾 Cryptocurrency miners in Malaysia have stolen electricity worth 3.4 billion ringgit (~$724.9 million) from 2018 to 2023, reports Malay Mail.

Deputy Minister of Energy Transition Akmal Nasir stated that such activities harm the country and have been expanding recently.

⚡️ Electricity thefts often go unnoticed due to the lack of local accounting, but energy companies have methods to detect unusual consumption. Confiscated equipment was also showcased, including 2022 items valued at 2.2 million ringgit (~$470,000).

According to current legislation, all devices will be disposed of. Combating electricity theft is a priority alongside increasing "green" generation from renewable sources. 🌿🔌