PROPERTY AND EQUIPMENT (Tables)

9 Months Ended

Sep. 30, 2021

Property, Plant and Equipment [Abstract]

Summary of Property and Equipment, Net

Property and equipment, net consisted of the following at September 30, 2021 and December 31, 2020:

$ in thousands	Estimated Useful Lives	September 30, 2021			December 31, 2020
Plant infrastructure	15 - 39 years	$	34,273		$	33,944
Miners	5 years		36,779			10,236
Miner facility infrastructure	15 years		14,787			8,791
Land	N/A		300			300
Equipment	5 years		948			211
Software	3 years		1,130			66
Coal ash impoundment	4 years		2,135			2,135
Construction in process	N/A		6,869			3,989
Miner deposits	N/A		38,467			5,959
			135,688			65,631
Less: Accumulated depreciation			(14,156	)		(8,986	)
		$	121,532		$	56,645