is infamously energy intensive, and a proposal by Tenaga Nasional Berhad to offer a special electricity tariff for this purpose would’ve probably made things worse. Thankfully, the Energy Commission has stepped in, saying it will not consider the plan.
“Any proposal involving special tariffs or reduction of electricity tariffs will lead to increased electricity supply costs,” it continued. “All electricity consumers will then bear these increased costs. As the regulatory body for electrical energy, we want to avoid showing signs of bias or discrimination towards consumers in the same category.”
Electricity theft is another phenomenon associated with cryptomining, and the commission has conducted around 8,000 enforcement operations since 2018 to stamp it out. “The Energy Commission will continue to beef up enforcements from time to time to eradicate electricity theft involving cryptocurrency miners,” it said.
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