Malaysia Takes Action Against Illegal Crypto Mining After Huge Power Losses

Authorities in Malaysia have revealed that over 13,827 unauthorized crypto mining operations have led to more than $1.1 billion in electricity losses. These mines were stealing power by bypassing meters and tapping directly into the grid, running without paying any bills at all. This is really putting a lot of strain on the national power supply. Because of this, the Malaysian government is stepping up its monitoring and enforcement efforts to stop these unregistered mining farms from misusing public resources. What do you guys think about the Malaysian government taking this action?