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6. PROPERTY AND EQUIPMENT | 3 Months Ended
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Dec. 31, 2021
Property, Plant and Equipment [Abstract] |
PROPERTY AND EQUIPMENT | 6. PROPERTY AND EQUIPMENT Property and equipment consist of the following:
|  | December 31, 2021 |  |  | September 30, 2021 |
Mining equipment |  |  | 187,132,309 |  |  |  | 123,147,843 |
Land and building |  |  | 11,048,299 |  |  |  | 11,048,299 |
Machinery and equipment |  |  | 399,530 |  |  |  | 376,163 |
Leasehold improvements |  |  | 119,796 |  |  |  | 72,577 |
Furniture and fixtures |  |  | 157,629 |  |  |  | 107,660 |
Infrastructure |  |  | 2,919,278 |  |  |  | 81,868 |
Construction in progress |  |  | 10,710,205 |  |  |  | 10,498,311 |
Total |  |  | 212,487,046 |  |  |  | 145,332,721 |
Less: accumulated depreciation |  |  | (13,996,691 | ) |  |  | (7,657,982 | )
Property and equipment, net |  | $ | 198,490,355 |  |  | $ | 137,674,739 |
Depreciation expense for three months ended December 31, 2021 and 2020 was $6,472,023 and $301,128, respectively. For the three months ended December 31, 2021, $411,484 of property and equipment was written-off resulting in a loss of $278,170. There were no disposals during the three months ended December 31, 2020. The Company placed-in service mining equipment for approximately $64,741,433 during the three months ended December 31, 2021. This primarily consisted of miners of $62,634,807, with the remaining consisting of ancillary mining equipment. Construction in progress: The Company is expanding its facility in Atlanta, a build out adjacent to the ATL data center mentioned above. As of December 31, 2021, the Company has outstanding deposits worth $125,700,523 to premier suppliers and manufacturers for securing our purchases of mining equipment.

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- Definition The entire disclosure for long-lived, physical asset used in normal conduct of business and not intended for resale. Includes, but is not limited to, work of art, historical treasure, and similar asset classified as collections. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 958 -SubTopic 360 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=120429125&loc=d3e99893-112916 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -URI http://asc.fasb.org/topic&trid=2155823 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 958 -SubTopic 360 -Section 50 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=120429125&loc=SL120174063-112916 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 958 -SubTopic 360 -Section 50 -Paragraph 1 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=120429125&loc=d3e99779-112916 + Details
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