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Deposits on Equipment (Tables)
3 Months Ended
Mar. 31, 2023
Disclosure Deposits On Equipment [Abstract]  
Schedule of Purchase Agreement Commitments, Deposits Paid and Expected Delivery Timing

The open purchase agreement commitments, deposits paid and expected delivery timing are summarized below as of March 31, 2023 (in thousands):

 

Vendor

 

Agreement Dates

 

Open Purchase Commitment

 

 

Deposits Paid

 

 

Expected Shipping for Open Purchase Commitments

Bitmain (1)

 

November and December 2022

 

$

127

 

 

$

127

 

 

April 2023

Other vendors

 

Various

 

 

1,016

 

 

 

1,016

 

 

 

Total

 

 

 

$

1,143

 

 

$

1,143

 

 

 

__________

(1) Pursuant to the Company’s agreement with Bitmain, the Company is responsible for all logistics costs related to transportation, packaging for transportation and insurance related to the delivery of the miners.