according to Onchain Lens monitoring, a newly created wallet received 22,676 ETH from BitGo 4 hours ago, worth approximately 68.86 million USD. This address is very likely owned by Bitmine.
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Malaysia has uncovered approximately 14,000 illegal cryptocurrency mining sites in the past five years, causing the state-owned power company losses of over $1.1 billion. In response, the local government established a special committee in November 2025 to consider a total ban on mining,