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Provision for diminution in value of miners | 12 Months Ended
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Dec. 31, 2024
Provision For Diminution In Value Of Miners |
Provision for diminution in value of miners | 10. Provision for diminution in value of miners During the year to December 31, 2023, the Company made a critical assessment of its miners and concluded that a write-off of $4,530,950 was required and a provision of $7,364,650 for the diminution in value of the remaining equipment needed to be made because of its obsolescence and poor performance. The entire fleet was sold for scrap value in 2024.

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