RATE Group | TNB loses RM3.2m in Kuantan to bitcoin miners | Malaysia
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TNB loses RM3.2m in Kuantan to bitcoin miners | Malaysia

07 Aug TNB loses RM3.2m in Kuantan to bitcoin miners | Malaysia

Posted at 06:57h in Bitcoin News by

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TNB said the Bitcoin miners used high-powered computer networks that used electricity directly from the distribution board, bypassing the meter. — Picture by Saw Siow Feng
TNB said the Bitcoin miners used high-powered computer networks that used electricity directly from the distribution board, bypassing the meter. — Picture by Saw Siow Feng

KUANTAN, Aug 7 — Tenaga Nasional Bhd (TNB) raided 33 premises around Kuantan suspected of interfering with the electricity distribution board in a bitcoin mining operation, resulting in a loss of RM3.2 million to the utility company.

General manager metering, distributing network, Siti Sarah Johana Mohd Said said investigations showed the premises had been mining Bitcoin for six months.

“TNB collected evidence that 23 premises were running bitcoin mining activities while the other 10 premises were aware of our raid this time around and destroyed the evidence,” she told reporters at Wisma TNB here yesterday.

The raiding operations, which began at 10.30am, involved 30 special team members and five personnel from the TNB Security Service Department who had a search warrant issued by the Kuala Lumpur…

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