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Showing posts with label cryptocurrency/Bitcoin. Show all posts
Showing posts with label cryptocurrency/Bitcoin. Show all posts

Thursday, 6 January 2022

Billed RM695,598 for electricity; beware of illegal cryptocurrency/Bitcoin mining operations

 Billed RM695,598 for electricity


` Bitcoin mining op suspected behind shockingly high power usage


 KUALA LUMPUR: An elderly man was shocked when he received a notice from Tenaga Nasional Bhd (TNB) claiming that he owed nearly RM700,000 for electricity usage.

` Wu Tuan Chiang, 71, said TNB claimed that the meter of the shoplot he had rented out had been tampered with.

` “I have been renting out the shoplot at Bandar Puteri Puchong to an IT solutions company since 2019, and the company was supposedly registered in Ipoh, Perak.

` “On Dec 16, TNB sent me the notice claiming that the meter had been tampered with, and they were claiming RM695,598.10 in electricity charges,” he told reporters at the MCA Public Services and Complaints Department yesterday.

` He said they suspected that the shoplot had been used in a bitcoin mining operation.

` “I have been trying to contact the tenant since Dec 16 last year but to no avail thus far.

` “When I visited the property, it had already been cleaned out,” he said, adding that he had lodged a police report on the matter.

` Meanwhile Ch’ng Yi Quan, 24, said he received a letter on Dec 22 claiming he owned a TNB account for an address at Teluk Panglima Garang.

` “They claimed that the meter at this address had also been tampered with, and were demanding RM77,033.25 in electricity charges.

` “The only problem here is that I have never registered any shoplot for electricity,” Ch’ng said, adding that he suspected someone had misused his personal details to register for electricity supply.

` He claimed that he lost his identity card last year, and suspected that the person who found it had used it for this.

` MCA Public Services and Complaints Department head Datuk Seri Michael Chong said they received 10 similar cases so far involving at least Rm1.75mil in losses.

` “In some of these cases, the syndicates use bogus real estate agents to secure the tenancy so that they cannot be traced.

` “Our advice is that all landlords must be proactive in ensuring their property is used for only legitimate business.

` “They must also only deal with registered real estate agents,” he said, adding that they would contact TNB in order to hold a dialogue on the matter.

` His legal adviser, Datuk Theng Book, said TNB meter readers must be alert and thoroughly check meters monthly.

` “It does not make sense that they read these meters every month, but only detect meter tampering after long periods of time,” he said.

Beware of illegal cryptocurrency/ Bitcoin mining operations

IPOH: Premises suspected to be running illegal cryptocurrency mining operations and stealing electricity should be reported to the police, says Perak police chief Comm Datuk Mior Wahid Faridalathrash.

` These mining operations could usually be identified by the exhaust fan installed at the back of the building, he said.

` “It is part of the cooling system for their mining machines,” he added.

` The police held two joint operations over the past week in Manjung on premises found to be stealing electricity and running illegal cryptocurrency mining activities.

` A Malaysian man was arrested last Wednesday with equipment worth RM3.5mil being seized, while a second operation saw equipment worth about RM1.6mil being seized.

` Police checked 122 premises with 46 of them found to be running these mining activities.

` Comm Mior Faridalathrash said cryptocurrency mining operations would typically take place in densely-populated areas or near industrial zones where electricity consumption was high, to conceal their activity.

` “If they operate in areas that do not have a lot of activity, it would alert Tenaga Nasional Bhd (TNB).

` “TNB is able to detect such operations if there is abnormally high usage of electricity,” he told reporters yesterday after attending the state police contingent’s monthly gathering at the Police Air Wing unit training base here.

` Comm Mior Faridalathrash said building owners renting out their premises should be aware of their tenants’ activities to ensure no law was being broken.

` “We are working closely with TNB to curtail these operations that are stealing electricity and disrupting other users,” he said.

Source link

 

 https://www.thestar.com.my/news/nation/2022/01/04/cops-bust-illegal-cryptocurrency-mining-ops-in-manjung-seize-rm16mil-worth-of-equipment
 

TNB: Refrigerators, air-conditioners, and water purifiers ...

https://soyacincau.com/2021/03/04/tnb-tenaga-nasional-berhad-refrigerators-air-conditioners-water-purifiers-electricity-bill/
 
 
Related posts:


`

Bitcoins, Cryptocurrencies under fire

  

Bitcoin, digital currencies rally, caution prevails; virtual currency in property 

 

 Blockchain: Internet of Value/ Currency of Trust; Private cryptocurrency a misallocation among blockchain technology, say research & economist

 

China gets into blockchain race with US

 

China's new digital currency

Billed RM695,598 for electricity; beware of illegal cryptocurrency/Bitcoin mining operations

 Billed RM695,598 for electricity


` Bitcoin mining op suspected behind shockingly high power usage


 KUALA LUMPUR: An elderly man was shocked when he received a notice from Tenaga Nasional Bhd (TNB) claiming that he owed nearly RM700,000 for electricity usage.

` Wu Tuan Chiang, 71, said TNB claimed that the meter of the shoplot he had rented out had been tampered with.

` “I have been renting out the shoplot at Bandar Puteri Puchong to an IT solutions company since 2019, and the company was supposedly registered in Ipoh, Perak.

` “On Dec 16, TNB sent me the notice claiming that the meter had been tampered with, and they were claiming RM695,598.10 in electricity charges,” he told reporters at the MCA Public Services and Complaints Department yesterday.

` He said they suspected that the shoplot had been used in a bitcoin mining operation.

` “I have been trying to contact the tenant since Dec 16 last year but to no avail thus far.

` “When I visited the property, it had already been cleaned out,” he said, adding that he had lodged a police report on the matter.

` Meanwhile Ch’ng Yi Quan, 24, said he received a letter on Dec 22 claiming he owned a TNB account for an address at Teluk Panglima Garang.

` “They claimed that the meter at this address had also been tampered with, and were demanding RM77,033.25 in electricity charges.

` “The only problem here is that I have never registered any shoplot for electricity,” Ch’ng said, adding that he suspected someone had misused his personal details to register for electricity supply.

` He claimed that he lost his identity card last year, and suspected that the person who found it had used it for this.

` MCA Public Services and Complaints Department head Datuk Seri Michael Chong said they received 10 similar cases so far involving at least Rm1.75mil in losses.

` “In some of these cases, the syndicates use bogus real estate agents to secure the tenancy so that they cannot be traced.

` “Our advice is that all landlords must be proactive in ensuring their property is used for only legitimate business.

` “They must also only deal with registered real estate agents,” he said, adding that they would contact TNB in order to hold a dialogue on the matter.

` His legal adviser, Datuk Theng Book, said TNB meter readers must be alert and thoroughly check meters monthly.

` “It does not make sense that they read these meters every month, but only detect meter tampering after long periods of time,” he said.

Beware of illegal cryptocurrency/ Bitcoin mining operations

IPOH: Premises suspected to be running illegal cryptocurrency mining operations and stealing electricity should be reported to the police, says Perak police chief Comm Datuk Mior Wahid Faridalathrash.

` These mining operations could usually be identified by the exhaust fan installed at the back of the building, he said.

` “It is part of the cooling system for their mining machines,” he added.

` The police held two joint operations over the past week in Manjung on premises found to be stealing electricity and running illegal cryptocurrency mining activities.

` A Malaysian man was arrested last Wednesday with equipment worth RM3.5mil being seized, while a second operation saw equipment worth about RM1.6mil being seized.

` Police checked 122 premises with 46 of them found to be running these mining activities.

` Comm Mior Faridalathrash said cryptocurrency mining operations would typically take place in densely-populated areas or near industrial zones where electricity consumption was high, to conceal their activity.

` “If they operate in areas that do not have a lot of activity, it would alert Tenaga Nasional Bhd (TNB).

` “TNB is able to detect such operations if there is abnormally high usage of electricity,” he told reporters yesterday after attending the state police contingent’s monthly gathering at the Police Air Wing unit training base here.

` Comm Mior Faridalathrash said building owners renting out their premises should be aware of their tenants’ activities to ensure no law was being broken.

` “We are working closely with TNB to curtail these operations that are stealing electricity and disrupting other users,” he said.

Source link

 

 https://www.thestar.com.my/news/nation/2022/01/04/cops-bust-illegal-cryptocurrency-mining-ops-in-manjung-seize-rm16mil-worth-of-equipment
 

TNB: Refrigerators, air-conditioners, and water purifiers ...

https://soyacincau.com/2021/03/04/tnb-tenaga-nasional-berhad-refrigerators-air-conditioners-water-purifiers-electricity-bill/
 
 
Related posts:


`

Bitcoins, Cryptocurrencies under fire

  

Bitcoin, digital currencies rally, caution prevails; virtual currency in property 

 

 Blockchain: Internet of Value/ Currency of Trust; Private cryptocurrency a misallocation among blockchain technology, say research & economist

 

China gets into blockchain race with US

 

China's new digital currency