PROPERTY, PLANT AND EQUIPMENT, NET (Tables)

12 Months Ended

Dec. 31, 2023

Property, Plant and Equipment [Abstract]

Schedule of Property, Plant and Equipment, Net

Property, plant and equipment, net as of December 31, 2023 and 2022 consist of the following (in thousands):

	December 31,
	2023		2022		Estimated Useful Lives
Land and improvements1	$	21,852	$	22,309	20 years
Building and improvements	164,495		166,486		12 to 39 years
Mining and network equipment2	441,404		448,346		1 to 5 years
Electrical equipment3	64,810		64,810		5 to 10 years
Other property, plant and equipment4	2,935		2,917		5 to 7 years
Total	695,496		704,868
Less: accumulated depreciation and amortization5	293,974		268,233
Total	401,522		436,635
Add: Construction in progress	183,909		254,499
Property, plant and equipment, net	$	585,431	$	691,134

1 Estimated useful life of improvements. Land is not depreciated.

2 Includes finance lease assets of $46.6 million and $112.7 million at December 31, 2023 and 2022, respectively.

3 Includes finance lease assets of $12.7 million and $12.6 million at December 31, 2023 and 2022, respectively.

4 Includes finance lease assets of $0.4 million and $0.4 million at December 31, 2023 and 2022, respectively.

5 Includes accumulated amortization for assets under finance leases of $43.4 million and $41.7 million at December 31, 2023 and 2022, respectively.