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Replying to Avatar TheBitcoinManual

Malaysia 🇲🇾 have found their second round of crushing 1000 #ASIC miners as they continue to stamp out illegal mining operations. Apparently, power theft for bitcoin mining has cost the country $776 million since 2018

Surely there's a bid for these devices, why not sell it to legitimate miners locally or internationally?

https://theminermag.com/news/2024-08-19/malaysia-bitcoin-miner-steamroller/

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Comte de Sats Germain 1y ago

Most likely a Chinese mining operation - Chinese businesses are notorious in south Asia for skirting laws, and there's very high demand in China for bitcoin to escape capital controls

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