The old aluminum plant has been converted into a mining site, and energy arbitrage has been figured out.

ME News message: On April 18 (UTC+8), according to Bloomberg, Alcoa Corp., the American aluminum company, is nearing an agreement with the Bitcoin mining firm New York Digital Investment Group to sell its Massena East smelting plant assets in New York State, which is expected to be completed by mid-year. The deal is part of its plan to dispose of idle industrial assets. As data centers’ demand for power infrastructure increases, such industrial sites are drawing more attention. (Source: MLion)