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Aluminum American is close to selling NYDIG the assets of the closed-down smelting plant in New York State

MeNews
ME News Report, April 18 (UTC+8), according to Bloomberg, Alcoa Corp., the American aluminum company, is close to reaching an agreement with Bitcoin mining company New York Digital Investment Group to sell its Massena East smelting plant assets in New York State, expected to be completed by mid-year. This transaction is part of its plan to dispose of idle industrial assets. As data centers' demand for power infrastructure increases, such industrial sites are attracting more attention. (Source: MLion)
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LanternSlippage
· 5h ago
Industrial relics become mines, cyberpunk shines into reality
View OriginalReply0
RugCheckSkeptic
· 5h ago
In the era of data centers competing for power, old factories have become hot commodities
View OriginalReply0
GateUser-f4ae43e9
· 5h ago
Bloomberg reports, is this considered a semi-official announcement? Waiting for it to be finalized by mid-year.
View OriginalReply0
OwlAuthorizationMonitor
· 5h ago
Idle assets revitalized; better than holding onto bad ones; this move by Alcoa is not a loss.
View OriginalReply0
WhirlpoolInATeacup
· 5h ago
Completed by mid-year, let's see if the computing power distribution has changed by then.
View OriginalReply0
ColdWalletUnderTheNeonLights
· 5h ago
From aluminum ingots to blocks, this factory's output density has increased several times.
View OriginalReply0
TideEarningsTable
· 5h ago
New York State's attitude towards mining is okay, otherwise NYDIG wouldn't dare to take it on.
View OriginalReply0
GateUser-9d67589f
· 5h ago
MLion's news source, credibility +1
View OriginalReply0

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