Permainan judi slot online terbaik

slot hoki terpercaya

  • About
  • Contact
  • Privacy Policy
  • bitcoinBitcoin$27,151.00-3.07%
  • ethereumEthereum$1,711.27-3.76%
  • xrpXRP$0.4781505.52%
  • bitcoin cashBitcoin Cash$119.51-4.11%
Cryptovibes.com - Daily Cryptocurrency and FX News
  • Home
  • News
  • Analysis
  • Crypto
    • Tamadoge
    • Crypto Presales
  • Autotrading
    • BitVestment
    • BitProfit
    • Bit Index AI
    • Metaverse Profit
    • Today Profit
    • Quantum Code
    • Bitcode Prime
    • Bitprime Gold
    • Bitcoin Motion
    • Bitcoin Smarter
    • Bitcoin Robot Guide
    • Bitcoin Future
    • Bitcoin Millionaire Pro
    • Bitcoin Pro
    • BitiCodes
    • Bitcoin Loophole
    • Bitcoin Up
    • Bitcoin Storm
    • Bitcoin SuperSplit
    • Bitcoin Supreme
    • TeslaCoin
    • Bitcoin System
    • Bitcoin Fortress
    • Immediate Edge
    • Bitcoin Profit
    • Bitcoin Trader
    • Bitcoin Bank
    • Bitcoin Union
    • BitQT
    • Profit Compass
    • Bitcoin Champion
    • Bitcoin Optimizer
    • NFT Profit
    • Bitcoin Decoder
    • PBN Invest
    • Quantum AI
    • Celebrities
      • Teeka Tiwari Investment plan
      • Kate Winslet Bitcoin
      • Holly Willoughby Bitcoin
      • Ant McPartlin Bitcoin
      • Nicole Kidman Bitcoin
      • James McAvoy Bitcoin
      • Jim Davidson Bitcoin
      • Peter Lim Bitcoin
      • Jonathan Ross Bitcoin
      • Bear Grylls Bitcoin
      • Phillip Schofield Bitcoin
      • Mike Hosking Bitcoin
      • Ryan Reynolds Bitcoin
      • Dick Smith Bitcoin
    • Broker Reviews
      • Herdos Review
      • FXTB Review
  • Disclaimer
  • PR
No Result
View All Result
Cryptovibes.com - Daily Cryptocurrency and FX News
No Result
View All Result

Malaysia Practically Destroying Thousands Of Illegal Bitcoin Miners

John Wanguba by John Wanguba
July 16, 2021
in Crypto news, Regulation
Reading Time: 3min read
Malaysia Practically Destroying Thousands Of Illegal Bitcoin Miners
Rate this post

Authorities in Malaysia have decided to destroy over $1.2 million worth of BTC mining rigs after they were impounded for operating illegally. It is not yet clear why the authorities outright destroyed these miners instead of trying to reap some value. However, they can still be sold for scrap.

In a video posted on July 16, 2021, from the local news outlet DayakDaily, authorities in the city of Miri on the Borneo island and the Sarawak Energy firm arranged for a steamroller to crush at least 1,069 Bitcoin miners. These rigs were allegedly confiscated from the residents of Malaysia trying to illegally mine the crypto using stolen electricity between February and April.

Based on a July 16 report from Malatsiaon newspaper The Star, the destruction of these mining machines, worth about $1.26 million, happened at the Miri district police headquarters. Authorities said that three houses in the area had been demolished in 2021 due to illegal Bitcoin mining, while the Sarawak Energy firm lost around $2 million from the operations.

It is not yet clear why authorities in Malaysia outright destroyed the miners instead of selling them. Officials from Turkey, Iran, and other nations where mining is prohibited or restricted have been conducting continuous raids on the unauthorized crypto mining operations for some time, mostly resulting in arrests, seizures, and fines on the rigs.

Nonetheless, there are few if any reports of the mining machines getting crushed by a steamroller or destroyed using other thorough methods. Chinese authorities allegedly auctioned over 2,000 rigs in February that were seized for similar reasons.

According to the Cambridge Center for Alternative Finance estimates, Malaysia contributed 3.44% to BTC’s total monthly hashrate as of April 2021. The nation has a yearly energy consumption of over 147 terawatt-hours.

Like what you're reading? Subscribe to our top stories
Tags: bitcoin miningBitcoin regulationcrimesenergy consumptionLawMalaysiaMiningRegulation

Related Posts

Crypto-Related Enforcement Actions By US States Increased Steeply In 2022 – Report
Crypto news

Crypto-Related Enforcement Actions By US States Increased Steeply In 2022 – Report

February 3, 2023
Argo Blockchain Accused Of Misleading Investors In Class Action Lawsuit
Blockchain

Argo Blockchain Accused Of Misleading Investors In Class Action Lawsuit

January 27, 2023
State Senator Sponsors Bill To Make Bitcoin Legal Tender In Arizona
Crypto news

State Senator Sponsors Bill To Make Bitcoin Legal Tender In Arizona

January 27, 2023
Facebook Twitter Instagram Telegram RSS Youtube

Newsletter

Like what you're reading? Subscribe to our top stories
situs qq online terpercaya
probola
Menyajikan live score bola terkini
www.jamberrynails.net
adtoken.com
Agen bola
judi online slot
daftar judi slot terbaru
situs BandarQQ Online
Situs judi online Terpercaya
poker online
judi bola
slot pragmatic
situs judi bola
situs judi bola
pragmatic play
judi bola
Situs Slot TOS885

Copyright © 2017-2019 Cryptovibes.com. Price data provided by our official partner CoinGecko.

No Result
View All Result
  • Home
  • News
  • Analysis
  • Crypto
    • Tamadoge
    • Crypto Presales
  • Autotrading
    • BitVestment
    • BitProfit
    • Bit Index AI
    • Metaverse Profit
    • Today Profit
    • Quantum Code
    • Bitcode Prime
    • Bitprime Gold
    • Bitcoin Motion
    • Bitcoin Smarter
    • Bitcoin Robot Guide
    • Bitcoin Future
    • Bitcoin Millionaire Pro
    • Bitcoin Pro
    • BitiCodes
    • Bitcoin Loophole
    • Bitcoin Up
    • Bitcoin Storm
    • Bitcoin SuperSplit
    • Bitcoin Supreme
    • TeslaCoin
    • Bitcoin System
    • Bitcoin Fortress
    • Immediate Edge
    • Bitcoin Profit
    • Bitcoin Trader
    • Bitcoin Bank
    • Bitcoin Union
    • BitQT
    • Profit Compass
    • Bitcoin Champion
    • Bitcoin Optimizer
    • NFT Profit
    • Bitcoin Decoder
    • PBN Invest
    • Quantum AI
    • Celebrities
      • Teeka Tiwari Investment plan
      • Kate Winslet Bitcoin
      • Holly Willoughby Bitcoin
      • Ant McPartlin Bitcoin
      • Nicole Kidman Bitcoin
      • James McAvoy Bitcoin
      • Jim Davidson Bitcoin
      • Peter Lim Bitcoin
      • Jonathan Ross Bitcoin
      • Bear Grylls Bitcoin
      • Phillip Schofield Bitcoin
      • Mike Hosking Bitcoin
      • Ryan Reynolds Bitcoin
      • Dick Smith Bitcoin
    • Broker Reviews
      • Herdos Review
      • FXTB Review
  • Disclaimer
  • PR

Copyright © 2017-2019 Cryptovibes.com. Price data provided by our official partner CoinGecko.

Situs sbobet resmi terpercaya. Daftar situs slot online gacor resmi terbaik. Agen situs judi bola resmi terpercaya. Situs idn poker online resmi. Agen situs idn poker online resmi terpercaya. Situs idn poker terpercaya.

situs idn poker terbesar di Indonesia.

List website idn poker terbaik.
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
situs judi online terpercaya