Posted on 07/19/2021 4:42:03 PM PDT by dynachrome
A total of 1,069 units of bitcoin mining machines worth RM5.3mil were seized in a joint operation carried out by police and Sarawak Energy Berhad (SEB) in Miri between February and April.
Miri police chief ACP Hakemal Hawari said eight individuals were also arrested for being involved in mining activities using electricity stolen from SEB's electricity supply lines during the period.
"A total of six people have been successfully charged under Section 379 of the Penal Code for electricity theft and have been fined up to RM8,000 and jailed for up to eight months," he said in a statement here Friday (July 16).
All seizures made in the cases that had been settled in court were disposed of at the Miri district police headquarters today.
(Excerpt) Read more at thestar.com.my ...
Bitcoin. Turning real energy into nothing.
Make them build solar panels
Bitcoin is just a more sophisticated version of the same old scam.
what is a bitcoin mining machine?....I thought bitcoin was some computerized randomn number.
“what is a bitcoin mining machine?”
Basically you build a computer (rig) with up to 4 video cards that uses gobs of electricity for little gain.
Whoever decide to crush those computers, apparently has no understanding of the de-centralized nature of bitcoin. Too often, it’s the moron who is making the decisions.
Bitcoin is really environmentally unfriendly. On average bitcoin processes consume 80TeraWatt of power. How many homes could that power for a year?
Wonder if all the lithium batteries and other sundry metals were removed or are they poisoning the ground there?/s
Actually the Malaysian police are not stupid. What we see in the video maybe the stripped towers no longer holding vid cards, audio cards, etc.
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