Alcoa nears sale of idled Massena East smelter to NYDIG as industrial sites draw interest from bitcoin miners and AI data centers
Alcoa is close to an agreement to sell its idled Massena East aluminum smelter in New York to NYDIG, according to the newsletter. Designed for round-the-clock heavy industry, the facility already has robust power infrastructure, making it an attractive candidate for bitcoin mining and AI data center use. The potential deal reflects a broader U.S. trend of repurposing retired industrial hubs for energy-intensive digital operations.