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Deep Tide TechFlow News, April 19th, according to Cointelegraph, U.S. aluminum company Alcoa is about to reach an agreement with Bitcoin mining company NYDIG to sell its idle Massena East aluminum smelting plant in New York State, expected to be completed by mid-year. The plant has been shut down since 2014, with supporting substation, transmission lines, and high-capacity power grid access, and can utilize hydroelectric resources provided by the New York Power Authority, making it attractive to Bitcoin miners and data center operators.
The report states that some decommissioned industrial sites in the United States are being transformed into Bitcoin mining, artificial intelligence, and high-performance computing facilities.