Advertisement
AD

Main navigation

Malaysian Police Confiscate 1,720 Bitcoin Mining Machines

Advertisement
Thu, 30/12/2021 - 15:59
Malaysian Police Confiscate 1,720 Bitcoin Mining Machines
Cover image via stock.adobe.com
Read U.TODAY on
Google News

Malaysian authorities have seized 1,720 Bitcoin mining machines worth RM3.5 million ($836,920) as the result of a raid, according to Malay-language daily newspaper Sinar Harian.

Roughly RM2 million ($478,240) worth of electricity has been stolen by the illegal mining farm.

The 16-hour-long operation conducted by the authorities involved 154 officers and policemen who were assisted by 15 technicians as well as six firefighters.

Related
MicroStrategy Buys Another $94.2 Million Worth of Bitcoin
In addition to ASICs, the police also confiscated monitors, central processing units (CPUs), modems and other equipment.

A 28-year-old man who is believed to be responsible for overseeing the farm has been nabbed by the police. He has been remanded in custody for four days to assist with the investigation.

In July, more than 1,000 Bitcoin mining machines were brutally crushed by a steamroller at a Malaysian police station.

Advertisement
Advertisement
TopCryptoNewsinYourMailbox
TopCryptoNewsinYourMailbox
Advertisement

Latest Press Releases

Is Bitcoin Mining Legal? Regions in the World Where Mining Is Legally Permissible
Zircuit, New ZK-Rollup Focused on Security, Launches Staking Program
AI Analysis Launches The AIA Mastercard – The Future of Crypto-Fiat Transactions
VAP Group hosts the majestic Global Blockchain Show 2024 in Dubai
Digital Transformation Week Is Returning to Santa Clara This Summer
Arab Financial Services (AFS) Enter Strategic Alliance with Xpence to Innovate SME Financial Management in Bahrain
Breaking Records: UXLINK Attracts 978,000 New Web3 Wallet Registration with $78,000,000 Deposit asset from February 01 to February 22, 2024
What To Expect from The Bitcoin Halving in April 2024
Testnet Launch for dWallet Network - Composable Modular Signature Network
ETH Denver Top Builders Base by Supermoon, Cointelegraph, NDC, Horizen, & Conflux
Citrea, Bitcoin’s First ZK Rollup, Announces $2.7M Seed Funding
Chromia’s Flagship Game ‘My Neighbor Alice’ Unveils 2024 Roadmap
First-Ever ICO on Bitcoin Blockchain: $3.1M Raised in Under 6 Days
CoinList to Host the MASA Token Public Sale as it Unleashes the World’s Personal Data Network
Sui Reveals Initial Wave of Speakers, Famed Venue for First Annual Basecamp Event
Vitalik Buterin Comes to Taiwan as Keynote Speaker at ETHTaipei 2024
Elevating Europe’s Crypto Hub: Next Block Expo Returns to Poland
Bridging the Data Trust Gap: 2024 RegTech Confab Set to Unlock Africa’s Economic Potential
ApeX Protocol Partners with Alertatron to Enhance Automated Trading Capabilities
TeachMeCode Institute Announces Grand Opening of Cutting-Edge Dubai School
Our social media
There's a lot to see there, too

Popular articles