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In recent months, Malaysia has stepped up its efforts to combat illegal Bitcoin mining, especially those operations involved in electricity theft.
A recent initiative by Malaysia police led to the arrest of seven individuals and the destruction of hundreds of thousands of dollars worth of mining equipment.
The country has seen a surge in Bitcoin mining operations, largely due to the relatively low cost of electricity. However, this has come at a significant cost, with power theft linked to these activities becoming a major concern for authorities.
Bitcoin mining, the process by which new bitcoin are introduced into circulation, requires substantial amounts of electricity to…
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