Crypto
Alcoa nears sale of idled New York smelter site in bitcoin mining talks
Alcoa, the largest aluminium producer in the United States, is seeking to sell an idled smelter site in upstate New York to a bitcoin mining company. CoinDesk reported on April 18 that Alcoa is coordinating a plan to transfer the closed smelter property to New York Digital Investment Group. Alcoa CEO Bill Oplinger said talks are well advanced and he expects the deal to be completed by mid-year.