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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,
20232022Estimated Useful Lives
Land and improvements(1)
$21,852 $22,309 20 years
Building and improvements
164,495 166,486 
12 to 39 years
Mining and network equipment(2)
441,404 448,346 
1 to 5 years
Electrical equipment(3)
64,810 64,810 
5 to 10 years
Other property, plant and equipment(4)
2,935 2,917 
5 to 7 years
Total
695,496 704,868 
Less: accumulated depreciation and amortization(5)
293,974 268,233 
Total
401,522 436,635 
Add: Construction in progress183,909 254,499 
Property, plant and equipment, net
$585,431 $691,134 
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(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.