Tag: Crypto Mining

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From 2018 to 2023, unauthorized crypto mining operators in Malaysia have illicitly appropriated electricity valued at $723 million. During a recent event, Malaysia’s Deputy Minister of Energy Transition and Water Transformation, Akmal Nasrullah Mohd Nasir, disclosed these figures as authorities destroyed around $467,000 worth of confiscated items, including Bitcoin mining devices and other electrical equipment. […]

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Russian government agencies might be getting ready to officially recognize the practice of large-scale cryptocurrency mining. Yet, there’s still potential for a significant obstacle from a key government body. For a long time, miners have been requesting that Moscow formally acknowledge mining as a legitimate business activity. This month, they have proposed a new law […]