According to online reports, an industry report released by the Malaysian Blockchain Access Association shows that rampant electricity theft by illegal miners, inconsistent policies and lack of legal clarity have hindered Malaysia from tapping the potential economic potential of cryptocurrency mining. The report predicts that Malaysia's cryptocurrency mining market will grow by 110.2% by 2025, from US$2.44 billion to US$5.13 billion, driven by its strategic location, evolving technology ecosystem and Sharia-compliant financial expertise. However, the report pointed out that Malaysia must address a number of internal factors to maintain sustained growth. Malaysian multinational power company National Energy Co., Ltd.(TNB) lost 441.6 million Malaysian ringgit (approximately US$104.2 million) due to power theft between 2020 and September 2024. The company mainly blamed the losses on illegal Bitcoin mining. Previously, the company's losses from 2018 to 2021 amounted to 2.3 billion ringgit (approximately US$542 million).