Malaysia | Crypto

Malaysia’s crypto mining has gained from low industrial tariffs and rising institutional interest, according to ACCESS. The group says formal licences could unlock RM700 m in hardware spending, create 4,000 jobs, and yield RM150 m in annual tax, but unchecked power theft has already cost TNB RM441 m.   The post Malaysia’s Crypto Mining to Soar 110% in 2025 as $100 Million Power Theft Persists appeared first on Cryptonews.

Malaysia’s top energy provider says illegal crypto mining is straining the grid, with electricity thefts tripling since 2018.