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PROPERTY AND EQUIPMENT (Tables)
9 Months Ended
Sep. 30, 2024
Property, Plant and Equipment [Abstract]  
Summary of Property and Equipment
Property and equipment, net consisted of the following (in thousands):
September 30, 2024December 31, 2023
Miners and mining equipment$182,768 $163,523 
Leasehold improvements137,582 138,883 
Land25,000 — 
Infrastructure32,567 — 
Office and computer equipment272 279 
Autos73 73 
Furniture and fixtures88 88 
Construction-in-progress55,587 49 
Total cost of property and equipment433,937 302,895 
Less: accumulated depreciation(123,238)(59,080)
Property and equipment, net$310,699 $243,815