Malaysia Destroys Bitcoin Mining Equipment Amid Crackdown On Electricity Theft

According to BlockBeats, on August 21, Malaysian authorities destroyed 985 Bitcoin mining devices as part of a nationwide crackdown on electricity theft associated with cryptocurrency miners. A video circulating online shows a heavy roller crushing the mining equipment, valued at approximately $450,000.

The destruction of these devices is part of Malaysia’s ongoing efforts to combat electricity theft. Authorities are taking stringent measures to address the issue, which has been linked to illegal cryptocurrency mining activities.

Comments

No comments yet. Why don’t you start the discussion?

Leave a Reply

Your email address will not be published. Required fields are marked *