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Police in Malaysia have seized 1,720 bitcoin mining machines.


 According to the Malay-language daily newspaper Sinar Harian, Malaysian officials seized 1,720 Bitcoin mining machines worth RM3.5 million ($836,920) during a raid. The illicit mining farm has taken over RM2 million ($478,240) in electricity.

The authorities undertook a 16-hour operation that included 154 officers and police officers, as well as 15 technicians and six firefighters.

MicroStrategy purchases $94.2 million in Bitcoin.

The authorities confiscated monitors, central processing units (CPUs), modems, and other equipment in addition to ASICs.

The police have apprehended a 28-year-old guy who is suspected of being in charge of the farm. To cooperate with the inquiry, he has been remanded in detention for four days.

A steamroller ruthlessly destroyed over 1,000 Bitcoin mining devices inside a Malaysian police station in July.

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