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Property and Equipment (Tables)

12 Months Ended

Dec. 31, 2023

Property and Equipment [Abstract]

Schedule of Property And Equipment, Net

Property and equipment, net, consisted of the following:

		December 31, 2023				December 31, 2022
Plant and equipment		$	4,973,191			$	4,263,662
Computer equipment			125,695				163,060
Furniture & fixtures			-				29,492
Processing machines (Miners)			102,984,186				103,337,719
Modular data center			25,449,717				19,713,534
Motor Vehicles			199,246				326,704
Transformers			9,843,359				8,886,576
Low-cost assets			998,815				995,292
Assets under construction			4,764,051				11,592,582
Leasehold improvements			487,527				487,527
Total			149,825,787				149,796,148
Less: Accumulated depreciation			(92,085,496	)			(54,489,966	)
Reclassification to assets held for sale			-				(4,289,684	)
Property and equipment, net		$	57,740,291			$	91,016,498

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- References

No definition available.

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- Definition

Tabular disclosure of physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, balances by class of assets, depreciation and depletion expense and method used, including composite depreciation, and accumulated deprecation.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-SubTopic 10
-Topic 360
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482099/360-10-50-1

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