Deposits on Equipment (Tables)

6 Months Ended

Jun. 30, 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 June 30, 2022 (amounts in thousands):

Vendor	Agreement Dates	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	$	69,885	$	69,885	April 2022 - September 2022
SuperAcme Technology (Hong Kong)**/***	May 6, 2022		222,401		222,401		88,868	July 2022 - December 2022
Bitfury USA Inc. and other vendors (primarily for BBACs)****	Various				43,746		37,954
Total				$	336,032	$	196,707

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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.

** 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.

*** See Note 16 for further developments with SuperAcme.

****See Notes 9 and 16 for additional information regarding payments for BBACs.