Tenaga Nasional

Tenaga Nasional Reports Over $1 Billion in Losses Due to Crypto Power Theft

ByAyesha Sadeeqa

We are witnessing a serious challenge for Tenaga Nasional Berhad (TNB), Malaysia’s largest electricity utility. Between 2020 and August 2025, TNB lost more than RM 4.57 billion (about US$1.1 billion) because of illegal electricity use by crypto miners.  This problem isn’t small or isolated. According to the Ministry of Energy Transition and Water Transformation, 13,827…

Tenaga Nasional

Tenaga Nasional Faces $1 Billion Loss from Crypto Power Theft in Malaysia

ByAmna Habib

Tenaga Nasional, Malaysia’s largest electricity utility company, is facing a serious challenge as illegal cryptocurrency mining operations have reportedly caused over $1 billion in power theft losses. The issue has been growing for years, but recent reports show the situation has become much worse, with thousands of unauthorized crypto-mining sites siphoning electricity without paying for…