PROPERTY AND EQUIPMENT (Tables)

3 Months Ended

Mar. 31, 2024

Property, Plant and Equipment [Abstract]

SCHEDULE OF COMPONENTS OF PROPERTY AND EQUIPMENT

The components of property and equipment as of March 31, 2024 and December 31, 2023 are:

(in thousands, except useful life)	Useful life (Years)	March 31, 2024		December 31, 2023
Land	—	$	610	$	—
Land improvements	9	25,246		—
Building and building improvements	25	3,119		—
Mining rigs	3	934,381		862,055
Containers	10 - 15	58,898		5,676
Equipment	7 - 15	42,249		—
Software and hardware	2	3,307		—
Asset retirement obligation	8	7,879		—
Other	7	839		242
Total gross property, equipment		1,076,528		867,973
Less: Accumulated depreciation		(274,196)		(196,201)
Property and equipment, net		$	802,332	$	671,772