Traditionally, thieves usually targeted some form of tangible good — whether it’s physical or digital currency, jewelry, or a car.
But when it comes to mining cryptocurrencies, things get a little stranger. As Bloomberg reports, local law enforcement is hunting down about 14,000 illegal Bitcoin mining operations in Malaysia, which they say have stolen around $1.1 billion in electricity over the last five years.
Police have resorted to using drones and even handheld sensors that can pick up irregular power use to catch them in their act, a bizarre game of cat-and-mouse that highlights how lucrative mining the digital token can be — if the power is on someone else’s dime, at least.
Bitcoin rallied this year, hitting a record high of over $126,000 in October. While the currency has collaps

Futurism

Associated Press US News
CNN
CNN Politics
America News
The Seattle Times
New York Post
Mediaite