FILTERED RESULTS
FILTERS
Ads Top
DARK MODE
CHART
MCap $2.9T -0.2%24h Vol $43.7B -5.1%Fear & Greed 65/100Alts Index 57/100
BTC.D 59.3% +0.6%Stable.D 9.2% 0%ETH.D 11.4% +0.1%Others.D 20.1% -0.7%
BEAM$0.00255332+20.61%•AKT$0.7897+16.49%•PROS$0.8248+14.97%•AXS$1.365+14.05%•RAIN$0.0119+13.7%•FET$0.2564+13.52%•ORCA$2.014+12.13%•BAT$0.1043+10.15%•DRV$0.4134+9.66%•IOTA$0.0592+8.8%•
BR$0.4591-20.64%•BTW$1.179-18.64%•STONK$0.1996-14.92%•AI$0.1145-14.87%•KITE$0.1475-6.35%•SUPER$0.2428-6.03%•CARDS$0.2464-5.95%•CAP$0.0645-5.55%•ZAMA$0.0851-4.94%•ZRO$1.996-4.08%•
Top movers 24h
    Filters
      Coins
      Sentiment
      Impact
      Search
      FILTERED RESULTS

        

      Upgrade your plan
      Dashboard

      Historic Hydroelectric Plant in New York Transforms Operations with Bitcoin Mining

      The Mechanicville Hydroelectric Plant, established in 1897 in New York, has experienced a significant transformation by shifting its focus from traditional electricity sales to Bitcoin mining. This change has reportedly tripled the plant's revenue, allowing it to thrive after years of economic challenges. Previously, the facility struggled with low wholesale electricity prices, which hovered around 3 cents per kilowatt-hour, leaving little room for profit.

      In 2021, Albany Engineering Corporation, which acquired the plant in 2003, redirected approximately 4 megawatts of its 5 megawatt capacity toward Bitcoin mining operations. This strategic pivot enabled the plant to convert its electricity output into Bitcoin, capturing much higher value compared to selling power to the National Grid. The plant continues to produce between 18 and 22 gigawatt-hours of electricity annually, primarily using its vintage 1890s equipment.

      The Mechanicville plant operates entirely on renewable energy sourced from the Hudson River, aligning with environmental concerns surrounding Bitcoin mining. CEO Jim Besha Sr. has emphasized that the mining operation is treated as a revenue stream rather than a speculative investment, opting to convert mined Bitcoin into cash rather than holding it on the company's balance sheet. As of 2026, the mining setup remains stable, with no major changes reported since its inception, allowing the historic facility to maintain its operations effectively.

      © 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

      Source: KLEA News

      .

      Terra Founder Do Kwon Sentenced to 15 Years in Prison for Fraud