Latest News for: Malaysia mining


Malaysia seizes 1720 bitcoin mining machines in a big electricity theft crackdown

The Times of India 04 Jan 2022
Malaysian authorities reportedly seized and shut down 1720 bitcoin mining machines in a major electricity theft crackdown, according to a report. The Malaysian Police shut down thousands of bitcoin mining operations and seized them following public complaints after inspecting 75 premises around the district.

Why Bitcoin bulls still think $100K is in the cards despite ugly end to 2021

Yahoo Daily News 04 Jan 2022
While the Chinese government banned cryptocurrency mining in June of 2021, the industry has resurfaced in other countries including Canada, Iran, Germany, Malaysia, Russia and the United States, according to research compiled by the Cambridge Bitcoin Electricity Consumption Index (CBECI).'Huge consequences'.

Malaysia Seizes 1,720 Bitcoin Mining Machines in Electricity Theft Crackdown

Bitcoin 01 Jan 2022
Police in Malaysia have shut down a bitcoin mining operation and seized 1,720 bitcoin mining machines in a major electricity theft crackdown following public complaints ... Malaysian police have cracked down on a major electricity theft case involving bitcoin mining, local media reported ... We seized 1,720 bitcoin mining machines.

Malaysian Machinery And Parts Manufacturing Sector Remains Strong

Malaysian National News Agency 01 Jan 2022
KUALA LUMPUR, Dec 31 (Bernama) -- Malaysia’s machinery industry emerged primarily to serve its agro-based and tin mining sectors ... The Machinery and Equipment (M&E) industry is Malaysia’s 7th largest ...

Bitcoin, Binance Coin, Avalanche, and Algorand Daily Price Analysis – 1 January Morning Price Prediction

Cryptopolitan 01 Jan 2022
Though the current situation is gloomy for the investors due to the dip in the market, Malaysia has another problem related to crypto. They are facing the problem of electricity theft related to crypto mining. Malaysian police have arrested a man involved in crypto mining using stolen electricity.

All eyes on India's Deep Ocean Mission Samudrayaan; manned mission slated for 2024 [details]

International Business Times 31 Dec 2021
The launch of Samudrayaan, India's manned scientific submersible under its ambitious Rs 4,077 crore Deep Ocean Mission was the hallmark of the Ministry of Earth Sciences' (MoES) work in the year 2021 ... Mission to the deep ocean ... the India Meteorological Department (IMD) ... India to test deep mining machine by October. Missing Malaysia Plane MH370 ... India ... .

Crypto mining grows daily in Thailand due to China regulations

Cryptopolitan 29 Dec 2021
Thailand hosts all crypto-mining farms in the world. • Crypto Mining could be legalized in Thailand by 2022 ... Thailand could be the new destination for crypto-mining for various reasons ... Reports indicate that Thailand occupies one of the top positions in crypto-mining alongside the United States, Kazakhstan, Russia, and Malaysia.

Thailand’s Crypto Mining Industry is Growing Thanks to China’s Ban

FX Empire 29 Dec 2021
Chinese authorities banned cryptocurrency mining activities earlier this year, forcing crypto mining farms and other independent miners to move their operations to other parts of the world ... Cryptocurrency Mining is Growing in Thailand ... The United States, Russia, Malaysia, and Kazakhstan have attracted the big mining farms that left China.

Ripple’s Co-founder Says Bitcoin Miners Should Switch to Proof of Stake Network to Save Environment

FX Empire 10 Dec 2021
The environmental concern of mining digital assets like Bitcoin will forever elicit different shades of responses from members of the crypto community ... For example, the current Bitcoin mining consumption is much higher than the energy use in Malaysia per year ... The more coins a miner holds the more mining power it possesses.

Stop-work order issued on mining activities in Tasik Chini

Malaysian National News Agency 04 Dec 2021
Stop-work order issued on mining activities in Tasik Chini ... KUANTAN, Dec 3 -- The Pahang state authorities have issued a stop-work order to the mining company in Tasik Chini, Pekan earlier than the lease license expiry date, said Menteri Besar Datuk Seri Wan Rosdy Wan Ismail.

Thayer Scale Appoints New Regional Sales Manager In South East Asia

Eagle-Tribune 02 Dec 2021
Desmond will be located in Malaysia to provide regional support for customers on a local level in Indonesia, Singapore, Laos, Cambodia, Thailand, Philippines, Malaysia, Vietnam and Australia. The role will focus on the Power Generation, Mining, Cement, Chemical, Food and Building Products market segments.

China Launches High-Speed Rail Through Laos in First Leg of SE Asia Corridor

Voa News 02 Dec 2021
Going through Laos is just the first step because Laos in itself doesn’t have much to offer [China] apart from some agricultural produce and probably some mining goods such as copper,” said Ruth ... with Malaysia so that they have access to the whole of continental Southeast Asia.”.

SOP for mining NRREE being finalised - Takiyuddin

Malaysian National News Agency 30 Nov 2021
SOP for mining NRREE ... Its minister Datuk Seri Takiyuddin Hassan said so far Malaysia has no clear SOP regarding mining management for NRREE.

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