CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Current assets
Cash and cash equivalents	$ 11,927	$ 209,841
Accounts receivable	98
Receivables, related party	1,102
Prepaid expenses and other current assets	7,254	13,819
Bitcoin	6,283
Derivative asset	21,071
Total current assets	47,735	223,660
Property and equipment, net	191,784	5,124
Deposits on equipment	73,018	114,857
Investment in equity investees	37,478
Derivative asset	45,631
Operating lease right-of-use asset	5,087
Security deposits	17,730	10,352
Deferred investment costs		174
Total assets	418,463	354,167
Current liabilities
Accounts payable	14,286	242
Accounts payable, related party	3,083
Accrued expenses and other current liabilities	19,353	257
Finance lease liability, current portion	2,567
Operating lease liability, current portion	1,030
Warrant liability	7
Total current liabilities	40,326	499
Asset retirement obligation	16,682
Finance lease liability	12,229
Operating lease liability	4,494
Deferred tax liability	1,840
Warrant liability		137
Total liabilities	75,571	636
Commitments and contingencies (Note 14)
Stockholders' equity
Preferred stock, $0.001 par value; 10,000,000 shares authorized, none issued and outstanding as of December 31, 2022 and 2021
Common stock, $0.001 par value, 500,000,000 shares authorized, 251,095,305 and 252,131,679 shares issued as of December 31, 2022 and 2021, respectively, and 247,551,958 and 249,279,420 shares outstanding as of December 31, 2022 and 2021, respectively	251	252
Additional paid-in capital	453,854	425,438
Accumulated deficit	(111,209)	(72,156)
Treasury stock, at par, 3,543,347 and 2,852,259 shares at December 31, 2022 and 2021, respectively	(4)	(3)
Total stockholders' equity	342,892	353,531
Total liabilities and stockholders' equity	$ 418,463	$ 354,167