A new report by the Malaysian Access Blockchain Association indicated that legal mining activities are strongly motivated by investments in infrastructure, expanding the capacity of data centers and the increase in institutional attention; However, the electric current theft associated with illegal mining activities continues to weaken the network stability and investor confidence.
According to the report, the National Utilities Company, Tenaga Naséal Berhad (TNB), said that Malaysia had suffered energy -related losses worth more than 441 million Ringot Malaysian (around 100 million dollars) between 2020 and 2024, the majority of which dates back to unauthorized chipto reduction activities from the electricity network.
These illegal activities – which often take place in residential or commercial buildings – are not only threatened by public security, but also launch additional charges on energy infrastructure in the country. The access report has said that Malaysia can benefit economically from the exploitation of digital money, but it must first meet internal organizational challenges and reform the infrastructure.
Organizational gaps and illegal activities limit the growth of the Malaysian mining sector
The report of the New Access Blockchain Association indicates that the continuation of the Malaysian organizational ambiguity and illegal activities still hinders the progress of the Cripto mining sector, in particular from the legal organization of the sector – to the estimation of the report – can attract investments which can go up to 700 million beaches in equipment and infrastructure this year, which will not provide 4,000 jobs and recaps and recaps and recaps and recaps and recaps and recaps
Despite these promising prospects, many legal mining parties remain far from the spotlight due to security and political concerns.
Currently, Malaysia is classified among the 10 countries most contributory to the rate of Bitcoin segmentation (computer energy intended for mining activities) in the world due to the competitive pricing of electrical energy designated for industrial activities in the country, in particular in the east of Sarawak, which makes it an attractive destination for mining activities, but the lack of license for its practice of the development of the business country.
While the Malaysian securities committee (SC) oversees the circulation and preservation of digital assets, there is no organizational organization to supervise mining activities, which has led to confront activists in the sector for the challenges of ambiguity of electricity definitions, license requirements and environmental compliance standards.
The report also indicated that “despite the organization of the SC Committee for digital assets produced by the preparers in the event that they are considered as securities and disseminated or presented in Malaysia, current directives do not provide a specific organizational framework or a license system for the same mining activities.” For mining, it is a major source of organizational uncertainty. “”
The urgent need for reform, the fight against illegal mining activities and consolidate the pillars of a promising sector
The Malaysian mining sector reflects a general regional scheme. There are countries like Thailand and Indonesia that suffer from illegal activities and improper use of infrastructure. According to one of the reports, theft of theft of energy resources linked to unauthorized mining activities increased by around 300% between 2018 and 2024, in which 2,397 cases were recorded, so that this increase raises the concern of Tenaga Naséal Beorhad (TNB) and threatens to complete the confidence of investors in the long -term economic feasibility of the digital sector.
There are 610 cases detected of power flights in 2018, linked to the exploitation of Crypto Illlegale, which increased to 2,397 in 2024, noted TNB Malaysia.#Malaysiacryptuming #Bitcoinmining #Citricicicionsumimotiorhttps://t.co/xmnl4pxxhx
– cryptonews.com (@cryptonews) May 12, 2025
Although the access report has recommended a coordinated approach which includes the issuance of licenses dedicated to mining activities, the reforms of laws related to the responsibility of property owners and energy pricing forms according to sustainability standards, TNB began to work to launch smart meters and apply data analysis tools to detect illegal consumption. Nevertheless, the implementation mechanisms remain dispersed among several government agencies, which weakens the dissuasive factor of illegal metal.
It is finally mentioned that one of the main proposals that the report caused the development of mining models compatible with Islamic law; Given the management of Malaysia in the field of Islamic finance, the report recommended an attempt to benefit from this advantage by launching ethical mining activities which take control of the transparency of governance and the use of renewable energy sources.
Post-Malaisian chipto mining activities are nominated for an increase of 110% in 2025, an electric current of $ 100 million appeared first on Arab Cryptonews.
