How Crypto Miners Are Stealing Power in Southeast Asia Southeast Asia's rapid economic growth has created an environment conducive to cryptocurrency mining: abundant electricity, lax regulations, and weak law enforcement.
The result is an industry that operates largely outside the bounds of legitimate business practices. In Malaysia alone, estimated losses between 2020 and 2025 total over €1. 1 billion.
The intersection of cryptocurrency mining and organized crime is particularly concerning. Authorities have linked these activities to online gambling, money laundering, and transnational cyber scams.