PROPERTY AND EQUIPMENT (Tables)

6 Months Ended

Jun. 30, 2024

Property, Plant and Equipment [Abstract]

Property and Equipment, Net

Property and equipment, net consisted of the following at June 30, 2024 and December 31, 2023:

$ in thousands	Estimated Useful Lives	June 30, 2024		December 31, 2023
Plant infrastructure	10 years	$	1,367	$	1,367
Miners	3 years	32,069		32,195
Miner facility infrastructure	10 years	10,253		8,154
Land	N/A	9,136		7,679
Equipment	5 years	45		45
Construction in process	N/A	6,481		6,229
		59,351		55,669
Less: Accumulated depreciation		(17,093)		(10,574)
		$	42,258	$	45,095