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v3.22.2.2

Borrowings (Details) $ / shares in Units, $ in Millions |  |  |  |  |  |  | 1 Months Ended | 9 Months Ended |  |
--- | --- | --- | --- | --- | --- | --- | --- | --- | --- | ---
Oct. 14, 2022 USD ($) | Oct. 14, 2022 AUD ($) | Sep. 02, 2022 USD ($) | Sep. 02, 2022 AUD ($) | Jul. 08, 2022 USD ($) $ / shares | Feb. 23, 2022 USD ($) | Dec. 31, 2021 | Oct. 15, 2021 | Sep. 29, 2022 USD ($) | Sep. 29, 2022 AUD ($) | Sep. 30, 2022 USD ($) | Nov. 11, 2022 USD ($) | Sep. 30, 2022 AUD ($)
Borrowings (Details) [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |
Short term borrowings description |  |  |  |  |  |  |  | On October 15, 2021, the Company acquired 2,000 Whatsminers M30S for delivery in October 2021 from Foundry Digital LLC for a total consideration of $16,481,328. The Company paid a deposit of $3,202,766 and entered into an extension of the original Foundry finance agreement with Foundry for the balance of the consideration over a 12-month term, of which $1.42 million is outstanding at September 30, 2022. |  |  |  |  |
Long-term borrowings description |  |  |  |  |  |  | In December 2021 MIG No. 1 Pty Ltd entered into a Secured Loan Facility Agreement with Marshall Investments MIG Pty Ltd which was payable in three tranches. The first tranche was received during December 2021 with an amount of $7.86 million. Tranche two and three were received during January and February 2022 with a total amount of $7.11 million. The loan matures in 2024 and bears interest at a rate of 12.00% per annum, payable monthly which commenced December 2021. This loan facility is secured by a general security agreement given by the Company. Principal repayments begin during 2023. |  |  |  |  |  |
Current liability |  |  |  |  |  |  |  |  |  |  | $ 3,890,000 |  |
Celsius mining loan |  |  |  |  |  | $ 20,000,000 |  |  |  |  |  |  |
Interest rate |  |  |  |  |  | 12.00% |  |  |  |  |  |  |
Amortize loan |  |  |  |  |  |  |  |  |  |  | 15.00% |  |
Maturity date |  |  |  |  |  |  |  |  |  |  | Aug. 23, 2023 |  |
Outstanding balance |  |  |  |  |  |  |  |  |  |  | $ 17,590,000 |  |
Loan facility |  |  | $ 1,900,000 | $ 3.0 |  |  |  |  | $ 5,200,000 | $ 8.0 |  |  |
Facility amount |  |  |  |  |  |  |  |  |  |  | $ 4,800,000 |  | $ 7.4
Loan facility interest rate |  |  |  |  |  |  |  |  |  |  | 12.00% |  | 12.00%
Principal amount |  |  |  |  | $ 3,600,000 |  |  |  | $ 3,100,000 |  |  |  |
Aggregate amount |  |  |  |  | $ 3,600,000 |  |  |  |  |  |  |  |
Convertible price per share (in Dollars per share) | $ / shares |  |  |  |  | $ 0.85 |  |  |  |  |  |  |  |
Marshall Loan [Member] |  |  |  |  |  |  |  |  |  |  |  |  |
Borrowings (Details) [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |
Long term borrowings payable |  |  |  |  |  |  |  |  |  |  | $ 9,090,000.00 |  |
Subsequent Event [Member] |  |  |  |  |  |  |  |  |  |  |  |  |
Borrowings (Details) [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |
Repaid loan |  |  |  |  |  |  |  |  |  |  |  | $ 3,000,000 |
Loan repaid | $ 3,200,000 | $ 5.0 |  |  |  |  |  |  |  |  |  |  |

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