Malaysia crush 1069 bitcoin mining rigs stealing electricity
#1



Malaysian authorities seized 1,069 bitcoin mining rigs, laid them out in a parking lot at police headquarters, and used a steamroller to crush them, as part of a joint operation between law enforcement in the city of Miri and electric utility Sarawak Energy.


Assistant Commissioner of Police Hakemal Hawari told CNBC the crackdown came after miners allegedly stole $2 million worth of electricity siphoned from Sarawak Energy power lines.

A video of the event posted last week by local Sarawak news outlet Dayak Daily has since gone viral on social media.

Acting on a tip, authorities on the island of Borneo confiscated the rigs in six separate raids between February and April. In total, police destroyed about $1.26 million of mining equipment.

Police opted to crush the mining gear rather than sell it, in accordance with a court order. Other countries, like China, have taken a different route, reportedly auctioning off seized rigs.
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#2

That's why Malaysia is destined to remain poor. Could have auctioned it off or done their own mining, instead of just destroying the equipment.
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#3

What a waste! Can use them to do very useful stuff.
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#4

(23-07-2021, 12:29 PM)starbugs Wrote:  That's why Malaysia is destined to remain poor. Could have auctioned it off or done their own mining, instead of just destroying the equipment.

But knowing their police officers, maybe they have sold them off and profitted. What you see could just be empty casings.
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#5

common if cryptos are only gotten this way
then humanity is at risk!
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