PROPERTY AND EQUIPMENT (Tables)

3 Months Ended

Mar. 31, 2023

Property, Plant and Equipment [Abstract]

Property and Equipment, Net

Property and equipment, net consisted of the following at March 31, 2023 and December 31, 2022:

$ in thousands	Estimated Useful Lives	March 31, 2023		December 31, 2022
Miners	3 years	$	30,072	$	81,979
Miner facility infrastructure	10 years	14,223		14,203
Land	N/A	8,460		8,460
Equipment	5 years	45		45
Construction in process	N/A	18,818		18,349
Miner deposits	N/A	—		7,381
		71,618		130,417
Less: Accumulated depreciation		(1,818)		—
		$	69,800	$	130,417