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Alcoa nears sale of idle smelter to NYDIG
#Alcoa is close to selling its inactive Massena East smelter in New York to #NYDIG , as industrial sites are increasingly repurposed for digital infrastructure.
The facility, shut down in 2014, offers existing power connections and access to hydropower, making it suitable for energy-intensive operations like Bitcoin mining and data centers. The deal is expected to close later this year.
#Alcoa is close to selling its inactive Massena East smelter in New York to #NYDIG , as industrial sites are increasingly repurposed for digital infrastructure.
The facility, shut down in 2014, offers existing power connections and access to hydropower, making it suitable for energy-intensive operations like Bitcoin mining and data centers. The deal is expected to close later this year.
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