Bitcoins seem to be all the rage these days as people try to make money from this cryptocurrency that was rising at a staggering rate over the past few months.
Instead of buying and trading, you can mine your own bitcoins if you have enough high powered machinery and software involved but we advise you not to do it at home! Or check first whether you are breaking any laws!
Otherwise, you may end up like these two houses that were raided after the Subang Jaya Municipal Council (MPSJ) received complaints from other residents. The bitcoin mining activity had been going on for a few months in the houses along Jalan Merbok 2 in Puchong Jaya, according to The Star.
Last month, MPSJ officers raided premises as neighbours had lodged complaints saying that they felt unhappy and unsafe that there were strangers constantly entering and exiting the premises. MPSJ councillor Frankie Yap said the residents complained that the presence of the outsiders made them worried and affected the neighbourhood as they came at irregular hours and made a lot of noise.
The visitors at the premises also parked their vehicles haphazardly, which caused obstructions on the roads to other residents.
One other thing: the process to obtain new bitcons required miners to use special software and powerful computers which ultimately used a lot of electricity and produced a lot of heat. Not very environmentally-friendly!
This posed another problem as Yap said, “The residents also faced frequent power disruption because the mining activity required a lot of electricity to operate the high-powered computers used to mine bitcoins.”
Compound notices from MPSJ were issued to the tenants during the raid as orders were made to cease all operations. The mining was illegal as they had violated the regulations and turned the residential homes into business premises. Not to mention the noise and disturbance to others!
After the raid, it is believed they have stopped the mining activity as recent checks confirmed that the premises were left empty.
If you have plans to mine bitcoin, it’s best to do it in a place where you won’t be a nuisance!
PDRM Proposes ‘Ability To Drive’ Assessment For Senior Citizens Before They Can Renew Their License
PDRM has suggested that the government needs to set a new requirement for senior citizens before they can renew their...
Sri Lanka’s Famous Shaman Who Allegedly Claims He Could Cure Covid-19 Dies Due To The Virus
A high-profile shaman from Sri Lanka who claimed he was able to stop the spread of the virus in his...
YB Khairy: Interval Between 1st & 2nd Doses Of AstraZeneca Vaccine Shortened To 6 Weeks
The Minister of Health, YB Khairy Jamaluddin informed that the period between the first and second doses of the AstraZeneca...
Lorry Driver High On Drugs Falls Asleep On The Wheel & Loses Control Of Vehicle On NKVE
A lorry driver lost control of his vehicle after falling asleep on the wheel and skidded on the NKVE heading...
M’sian Man In Somalia Sentenced To 15 Years In Jail For Assisting Terrorist Organisation
A 34-year-old Malaysian man named Ahmad Mustakim Abdul Hamid, was sentenced to 15 years in prison by a Somali military...
KJ: Herd Immunity No Longer Achievable With 80% Vaccination Due To Delta Variant
The Ministry of Health (KKM) will not longer use the conventional formula of achieving herd immunity with at least 80%...
56 Politicians Were Convicted Of Flouting SOPs Throughout The Lockdown Period
A couple of months ago, #KerajaanGagal was trending online for various reasons, one of which is the fact that many...
PDRM On The Hunt For Those Who Leaked Alleged Lewd Messages & Videos Of Celebrity Preacher
The police have opened up an investigation paper after detecting the spread of several video clips and lewd messages allegedly...
Film & TV8 hours ago
Phone Number Shown On ‘Squid Game’ Belongs To A Real Person Who Has Received Over 4000 Calls From Fans
Social Stories5 hours ago
Watch: Motorcyclist Crashes Into A Person Crossing Lanes At The Grand Saga Toll Plaza
Social Stories6 hours ago
Indian Court Orders Beauty Salon To Pay RM1.13 Million To A Customer For Ruining Her Haircut
Tech24 hours ago
Central Bank Of China Has Declared That All Cryptocurrency Transactions Are Illegal