PROPERTY AND EQUIPMENT (Tables)

9 Months Ended

Sep. 30, 2023

Property, Plant and Equipment [Abstract]

Property and Equipment, Net

Property and equipment, net consisted of the following at September 30, 2023 and December 31, 2022:

$ in thousands	Estimated Useful Lives	September 30, 2023		December 31, 2022
Plant infrastructure	10 years	$	729	$	—
Miners	3 years	$	32,195	$	81,979
Miner facility infrastructure	10 years	8,154		14,203
Land	N/A	7,485		8,460
Equipment	5 years	45		45
Construction in process	N/A	6,509		18,349
Miner deposits	N/A	—		7,381
		55,117		130,417
Less: Accumulated depreciation		(7,340)		—
		$	47,777	$	130,417

Impairment by Category of Asset

The table below provides a summary of the impairment by category of asset for the nine months ended September 30, 2022:

$ in thousands
Land	$	5,000
Plant infrastructure	24,400
Miners	20,945
Miner Facility Infrastructure	990
Equipment	190
Software	70
Coal ash impoundment	925
Construction in process	18,980
Total	$	71,500