Crypto Crushed! Flashback to when Malaysia destroyed 1000 Bitcoin mining rigs with a steamroller

Updated : Nov 26, 2021 12:33
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Editorji News Desk

As cryptocurrency concerns take centre stage, netizens were reminded of a time in July when cryptos were literally crushed in Malaysia with the police ordering a steamroller to destroy over 1000 Bitcoin mining rigs. A video of the event posted by local Sarawak news outlet Dayak Daily had gone viral on social media.  

Also watch| Crypto, the climate criminal: Shocking facts of global energy usage

Malaysian authorities seized 1,069 bitcoin mining rigs, laid them out in a parking lot at police headquarters, and used a steamroller to crush them. In total, police destroyed about $1.26 million of mining equipment. While mining for crypto is not illegal in Malaysia, the country has strict norms on power usage for the same. 



cryptocurrencyBitcoinClimate change

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