Deposits on Equipment (Tables)

3 Months Ended

Mar. 31, 2022

Disclosure Deposits On Equipment [Abstract]

Schedule of Purchase Agreement Commitments, Deposits Paid and Expected Delivery Timing

The purchase agreement commitments, deposits paid and expected delivery timing (remaining balances are payable in advance of shipping) are summarized below as of March 31, 2022 (amounts in thousands):

Vendor	Agreement Date	Original Maximum Purchase Commitment*		Open Purchase Commitment		Deposits Paid		Expected Shipping for Open Purchase Commitments
Bitmain Technologies Limited**	August 20, 2021 and August 30, 2021	$	171,135	$	164,590	$	107,879	April 2022 - September 2022
SuperAcme Technology (Hong Kong)**/****	September 2, 2021		222,401		222,401		59,307	July 2022 - December 2022
Bitfury Top HoldCo B.V.	October 11, 2021	***		***			10,000	***
Bitfury USA Inc. and other vendors (primarily for BBACs)	Various				47,775		29,978
Total				$	434,765	$	207,164

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* Maximum purchase commitment does not consider discounts that the Company may qualify for with the respective vendors, which could reduce the total cost of the miner.

** Pursuant to the Company's agreements with Bitmain and SuperAcme, the Company is responsible for all logistics costs related to transportation, packaging for transportation and insurance related to the delivery of the miners.

*** As of March 31, 2022, there were no mutually executed order confirmations and as such, the Company had no binding commitments to acquire miners from Bitfury Top HoldCo. See Note 16 for additional information regarding the return of shares of the Company’s Common Stock held by Bitfury Top HoldCo as consideration for the $10.0 million deposit paid, which occurred after March 31, 2022.

**** See Note 16 regarding execution of an amended agreement with SuperAcme.