Illegal bitcoin mining activities have increased by more than 400% over the past four years which involved 610 cases in 2018, followed by 1,043 cases (2019), 2,465 cases (2020) and 3,091 cases in 2021 whereas TNB lost more than 4.5 billion kilowatt hours during this period.

TNB President / Chief Executive Officer (CEO), Datuk Ir. Baharin Din and Inspector General of Police (IGP), Tan Sri Acryl Sani Hj. Abdullah Sani met at the Bukit Aman Police Headquarters on March 29 to discuss these issues as well as effective methods on how to overcome them.

Datuk Ir. Baharin believes that this collaboration would make a positive impact in TNB's efforts to combat electricity theft activities which involve both commercial and industrial users.

"Bitcoin mining activities that fraudulently consume electricity not only have an impact on TNB, but also indirectly on the people and the country.

"Apart from causing damage and fire to TNB's installations, this bitcoin mining activity affects consumers when the electricity supply is cut off," he said in a statement.

The IGP also expressed his gratitude towards TNB for their support and collaboration in order to curb these illegal miners throughout Peninsular Malaysia.

Read further on The Malaysian Reserve’s article attached.