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    liverfirst25
    Jul 24, 2021
    Edited: Jul 24, 2021

    Malaysia uses a road roller to destroy a bitcoin mining machine

    in General Discussions


    On July 23, Malaysian media reported that Malaysian authorities used a steam grinder to destroy amachinebitcoin mining in Miri after seizing 1,069 such devices worth 5.3 million. Ringgit (or about 41 million baht) in the Feb.-April crackdown and arrested eight other suspects on charges of stealing electricity worth $2 million, or about 65 million baht, used to produce currency. Digital money, also known as “Bitcoin mining” that requires a lot of electricity to process the computer.

    The police also said that the illegal use of electricity is a danger to life and property as it can cause power outages. or a fire Bitcoin mining is common in Southeast Asian countries. And it's not illegal in Malaysia. But there are strict laws on energy use under Section 37 of the Malaysian Electricity Act, which fines people involved in power lines up to 100,000 Malaysian ringgit (or nearly 800,000 baht). and imprisonment for 5 years.

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    3 comments
    0
    3 Comments
    exphealth
    Jun 12

    such a waste! they should have done in smarter way.


    Best way to find out which crypto currency to invest is to use fundamental analysis. Study the white paper, look at team and what is their business model


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    Z
    zorrocrash69
    Nov 24, 2021

    Not to try to engage directly in mining cryptocurrencies, but to earn money by selling and buying them, this seems to be a generally more profitable business and I am more confident in Bitcoin Trader site. There are very favorable conditions and it is convenient to track how rates change and make transactions based on this, so I strongly advise you to try it if you have never used it before.

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