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Malaysia Cracks Down on Illegal Bitcoin Miners, $1 Billion Power Loss Reported

Summary: According to reports, Malaysian authorities are actively cracking down on illegal Bitcoin mining activities, which have resulted in power theft losses of up to $1 billion. Law enforcement agencies are using a combination of high-tech and traditional methods, including using drones to detect abnormal heat sources, handheld sensors to detect irregular power usage, and responding ...

According to reports, Malaysian authorities are actively cracking down on illegal Bitcoin mining activities, which have resulted in power theft losses of up to $1 billion. Law enforcement agencies are using a combination of high-tech and traditional methods, including using drones to detect abnormal heat sources, handheld sensors to detect irregular power usage, and responding to residents' reports of strange noises. Some illegal miners have even used natural bird calls to mask the noise of mining equipment. This crackdown has turned into a cat-and-mouse game, involving raids on shops and abandoned houses. The Malaysian government will continue to strengthen regulations to curb this increasingly serious issue.

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