Malaysia's state-owned power company, Tenaga Nasional (TNB), has reported staggering losses of 4.6 billion ringgit ($1.1 billion) between 2020 and August 2024 due to electricity theft by illegal cryptocurrency mining operations. According to Reuters, the Malaysian Ministry of Energy revealed that TNB identified 13,827 mining facilities engaged in unauthorized electricity use. These illegal activities included meter tampering and unauthorized power connections, significantly impacting TNB's revenue. The Malaysian government is actively addressing this issue through joint operations involving TNB, the police, telecommunications regulators, and the Anti-Corruption Commission. These crackdowns aim to dismantle illegal mining operations and seize equipment. The high energy demands of cryptocurrency mining make it attractive for criminals to steal power, resulting in substantial losses for energy providers. The government's coordinated effort signals a strong stance against electricity theft and its commitment to protecting TNB's interests. ```