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Malaysian Police Confiscate 1,720 Bitcoin Mining Machines

Thu, 12/30/2021 - 15:59
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Alex Dovbnya
Malaysian police have seized $836,000 worth of Bitcoin mining equipment
Malaysian Police Confiscate 1,720 Bitcoin Mining Machines
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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.

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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.

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About the author

Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets, can be contacted at