#密码资产动态追踪 The police in Teluk Intan, Perak, Malaysia, recently conducted multiple raids, resulting in the seizure of a total of 41 illegal mining devices—24 in the first operation, followed by 9 and 8 in the subsequent two rounds. These devices are suspected of violating local laws including the Penal Code and the Electricity Supply Act of 1990, with issues mainly related to illegal electricity use and property damage. The case is still ongoing, and no arrests have been made yet.

This incident highlights a critical pain point: **the compliance dilemma of crypto mining**. While mining is a core infrastructure of blockchain networks, issues like electricity management and licensing mean it often falls under regulatory scrutiny. For the entire ecosystem, this is not just a legal issue—it directly impacts how far the industry can go and what the market environment will look like.

The reality is clear: regulators around the world are tightening their oversight, while practitioners and investors are asking—how can we find a balance between innovation and compliance? Especially for ordinary investors, judging whether a mining project is legal and trustworthy has become a difficult challenge.

What are your thoughts on this? How should countries regulate crypto mining? Under a compliant framework, what standards should investors use to evaluate mining projects? Feel free to share your ideas.