Borneo authorities shut down illegal crypotucrrency mining operation which was operating using stolen power.
Authorities in the town of Miri on the island of Borneo shut down an illegal cryptocurrency mining operation and seized equipment following a tip-off from the public.to local news outlet The Borneo Post, Sarawak Energy discovered the operation, which included 34 cryptocurrency mining servers operating using stolen electricity through cable tapping.
Authorities seized all of the equipment used in the operation, including servers and tapping cables, while local police are now investigating the latest mining operation to be taken down on the island.Sarawak Energy estimated that the operation was utilizing around 6,000 Malaysian ringgits a month worth of stolen electricity. An announcement from the utility noted that although Sarawak offers some of the lowest energy prices in Malaysia, energy theft remains an issue.
Another public tip-off in 2023 saw over 137 cryptocurrency mining servers seized by authorities in the state of Senadin, where Miri is located.
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