Malaysia's Tenaga Nasional incurs losses of more than $1 billion from crypto power theft

KUALA LUMPUR, Nov 19 (Reuters) - Malaysia’s national utility firm Tenaga Nasional Bhd (TNB) has incurred losses of more than $1 billion from illegal power usage by cryptocurrency miners between 2020 and August this year, the energy ministry said.

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https://www.reuters.com/sustainability/boards-policy-regulation/malaysias-tenaga-nasional-incurs-losses-more-than-1-billion-crypto-power-theft-2025-11-19/

A reminder that Patchcoin uses two million times less power than Bitcoin, for the same 21 million cryptocurrency coins. :slight_smile: