Category: Malaysia
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Bitcoin Mining Contributing to Massive Electricity Theft in Malaysia: Report
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According to a report by a Malaysian media outlet, MalayMail, Bitcoin and cryptocurrency mining operations were mostly responsible for the massive electricity theft in the country between 2018 and 2023. Despite the strict measures, cryptocurrency mining and public services are not illegal in the Asian country. Bitcoin mining using stolen…
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Google to invest $2 billion in data centre and cloud services in Malaysia By Reuters
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KUALA LUMPUR (Reuters) – Google will invest $2 billion in Malaysia to develop its first data center and Google Cloud region in the country, the unit of Alphabet Inc (Nasdaq) said on Thursday, the latest in an expansion wave for global technology companies. To Southeast Asia. The government said the…