When the Malaysian police learned that they stole energy from the power provider Sarawak Energy Berhad or the SEB, they detained four crypto-currency miners.
The police spent two days clamping down on four townhouses, reportedly containing bitcoin mining facilities, according to Malay Mail. The stores were situated in the cities of Jalan Tun Ahmad Zaidi Adruce, Jalan Pahlawan, and Jalan Tunku Abdul Rahman.
The report reveals that the offenders looted the power utility of over $59,000 a month.
Also involved in the project were the Electric Inspectorate or EIU of the Sarawak Ministry of Services.
It is estimated that the shophouses produced $191 in monthly electricity bills, which appears to suggest that the miners are also cheating local energy meters for a legitimate transaction.
Figures from the EIU indicate that since 2018 there have been 50 inquiries into crypto-related electricity theft incidents.
The Kyrgyzstan law enforcement agencies have recently found illegal crypto-currency mining farm on FEZ territory.
While they have been illegal since 2018, the Republic of Abkhazia also experiences an increase in crypto mining operations. In the last six months, Customs has registered mining hardware worth more than $589,000 crossing the border.
Source: https://www.malaymail.com/news/malaysia/2020/08/12/sarawak-energy-board-nabs-five-cryptocurrency-operators-stealing-state-elec/1893370
Topic: Crypto Mining: Miners Arrested for Stealing Electricity From the State (Read 100 times)
August 14, 2020, 04:32:27 AM
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