Ultimately it shows weakness on the part of the Malaysian government, that they would rather show a shallow act of destruction than sell off these presumably valuable goods and use the proceeds to benefit their own people. If China wants to ban them, rather than actively going after the real problem - which is the dirty polluting power stations - then that's up to them. However if a miner is using renewable energy in a responsible manner then it seems perfectly legitimate and should be legal. I have never known Malaysia to be a pioneer in anything, so it would seem that they are simply following their historic trends, but heavily religious countries tend to have this illogical reasoning.

That is the dumbest thing I have heard today,,, sorry no offence but as has been mentioned above, this video is very typical. Every time they do a raid in that part of the world and then they destroy items like this. Usually with sledgehammer or burning or same steamroller, they publish the video.

This is not to make a negative atmosphere with bitcoiners, this is to warn people not to steal electricity.

I think so too, destroying do send the message but it's not the least practical of all the possible choices, I also agree that they have to be punished for their actions, I mean the country is already having problems with their electricity and they want to steal it? That's just unfair.

I have seen this video a few times already on the internet.What they did is just shamefull. I dont know if this should scare the people because they did such a thing. They should make the user who stole the electricity pay a fine.Not destroy all the machines that for me is clear nonsense. If they stole something its a crime and they should be punished .But to use a steamroller to crash all the equipment that is worth lots of money is pointless.

Heard about this. Those miners were stealing power and mining crypto currencies. When the authorities realized this, the policed found them out and seized their equipment. What baffles me the most is that it took them almost four months to realize something was wrong lol.I am curious, why did they destroy those mining rigs? They could have just auctioned it and put the money to better use.  What a waste...

ASICS used in residential area's will cause brownouts/blackouts as the draw on residential curcuitry is in excess of what a traditional house requires

so illegal farms (not set up in industrial circuits) is what they are cracking down on the most

much like blackmarket illegal heroine..

however heroine has a pharma usage as a painkiller. so not all heroine is bad
its just how and where and by who its used that makes it bad or good

As I said before maybe they did not had the option to do so, if cryptocurrencies are illegal in Malaysia then they cannot legally sell those miners without breaking the law themselves, however if cryptocurrencies are legal there then I can agree that this wasn't necessary, however it is possible that they were afraid that if they were to sell those miners to people in their own country then this may happen again and they will be aiding criminals in the process that will steal their electricity in order to become profitable.

In which case they thought that the only option was to destroy those miners, so as we can see when we look at things from their own perspective what they are doing makes sense even if we do not like it at all.

^ In my opinion, that is a good idea to destroy once they get caught stealing electricity just to earn BTC in mining. This gives a lesson to those miners who doing it illegally, if someone will saw that news, it gives fear to those miners that did not work fair among others. However, is a kind of a waste but the government needs to take action seriously so that people think that they are combating those people who sis does not have economical damage like stealing electricity. and what next?

Events like this wont really be enough on taking the market down and we've seen countless situations which is similar to this but doesnt really give out total impact even though it does give out some negative

impression or views into the public which might create some FUD then this is the time on where possible effects could happen but its not an assurance to happen though.

Expect the unexpected and situations like these do happen since they do really have  the power and once a certain thing do oppose their liking then expect for such step that
they would make.

If I think about it again, what the Malaysian government should have done should not have had a big effect on the market. What
the Malaysian government did by destroying mining equipment is indeed their right, because it is in their area of ​​control. But at least
it has a negative effect for people who don't understand the crypto world, there must be an assumption that crypto is a negative thing,
so the mining tool needs to be destroyed. That impression worries me, and it could become FUD which might make some new investors
hesitate to enter the market. I hope my worries don't come true.