Category: Mining
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Malaysia’s National Power Company Loses Over $1.1 Billion to Illegal Crypto Mining
[ad_1] Malaysia’s national utility firm Tenaga Nasional Bhd (TNB) lost over $1.11 billion to illegal electricity use by crypto miners between 2020 and August 2025, with 13,827 premises implicated. Intensified Enforcement and Regulatory Clarity Malaysia’s national utility company, Tenaga Nasional Bhd (TNB), has suffered losses exceeding $1.11 billion (4.6 billion ringgit) due to illegal electricity…
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1M coins left to mine as Bitcoin enters ‘5% era’ — miners say the most dangerous part is only beginning
[ad_1] Bitcoin crossed a watershed moment in its monetary history on Nov. 17, surpassing 19.95 million mined coins and pushing the network past 95% of its immutable 21 million supply cap. This leaves the network with less than 1.05 million BTC to mine over the next 115 years. On the surface, the milestone appears to…
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Bitcoin miners can lower your power bill — if energy grids let them plug in
[ad_1] Power markets are starting to price Bitcoin mining that can switch on and off as a grid service. Curtailment remains elevated in regions with high renewable penetration, and short scarcity bursts continue to set value for fast demand reduction, which creates room for load that soaks midday surplus and idles during tight hours. According…
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