XML 70 R24.htm IDEA: XBRL DOCUMENT v3.23.1

PROPERTY AND EQUIPMENT (Tables)

3 Months Ended

Mar. 31, 2023

Property, Plant and Equipment [Abstract]

SCHEDULE OF COMPONENTS OF PROPERTY AND EQUIPMENT

The components of property and equipment as of March 31, 2023 and December 31, 2022 are:

 SCHEDULE OF COMPONENTS OF PROPERTY AND EQUIPMENT

(in thousands, except useful life)		Useful life (Years)				March 31, 2023				December 31, 2022
Mining rigs			3			$	326,951			$	116,634
Containers			10				3,112				1,614
Website and leasehold improvements			7				206				206
Construction in progress			N/A				419,003				171,194
Gross property, equipment							749,272				289,648
Less: Accumulated depreciation							(34,356	)			(16,622	)
Property and equipment, net						$	714,916			$	273,026

X

- References

No definition available.

+ Details

Name:	us-gaap_PropertyPlantAndEquipmentAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, balances by class of assets, depreciation and depletion expense and method used, including composite depreciation, and accumulated deprecation.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-SubTopic 10
-Topic 360
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482099/360-10-50-1

+ Details

Name:	us-gaap_PropertyPlantAndEquipmentTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration