Police raid bitcoin mining premises for electricity theft

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Police busted a syndicate stealing electricity supply to carry out bitcoin mining activities in raids on nine premises in Nilai yesterday which resulted in a seizure of RM1.6 million.District Police chief Supt Mohd Fazley Ab Rahman said the integrated operation in collaboration with Tenaga Nasional Berhad (TNB) and the Negeri Sembilan Police Contingent headquarters raided four premises in Bandar Enstek and five in Bandar Baru Nilai and seized 581 bitcoin mining machines.He said TNB suffered a loss of RM2.1 million as a result of the illegal activities carried out for almost a year.“The operation was carried out from 1pm until 5pm and the police arrested a local man and a Chinese national who are in their 30s."They claimed to be the technicians. During the raid, they were inspecting and doing maintenance work on the bitcoin mining machines," he told a press conference…