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Deposit on Equipment (Tables)
 8 Months Ended
Sep. 30, 2021
Disclosure Deposits On Equipment [Abstract]  
Schedule of Purchase Agreement Commitments, Deposits Paid and Expected Delivery Timing The purchase agreement commitments, deposits paid and expected delivery timing (remaining balances are payable in advance of shipping) are summarized below:

 

Vendor

 

Agreement Date

 

Purchase Commitment

 

 

Deposits Paid

 

 

Expected Shipping

Bitmain Technologies Limited

 

August 20, 2021 and August 30, 2021

 

$

171,135,000

 

 

$

49,656,000

 

 

January 2022 - September 2022

SuperAcme Technology (Hong Kong)*

 

September 2, 2021

 

 

222,400,800

 

 

 

22,240,080

 

 

July 2022 - December 2022

Various vendors for other contracts and costs

 

 

 

 

5,959,351

 

 

 

2,449,784

 

 

 

Total

 

 

 

$

399,495,151

 

 

$

74,345,864

 

 

 

* Pursuant to the Company’s agreements with Bitmain and SuperAcme, the Company is responsible for all logistics costs related to transportation, packaging for transportation and insurance related to the delivery of the miners.