PROPERTY AND EQUIPMENT (Tables)

9 Months Ended

Sep. 30, 2024

Property, Plant and Equipment [Abstract]

Property and Equipment, Net

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

$ in thousands	Estimated Useful Lives	September 30, 2024		December 31, 2023
Plant infrastructure	10 years	$	1,522	$	1,367
Miners	3 years	33,553		32,195
Miner facility infrastructure	10 years	12,705		8,154
Land	N/A	1,952		7,679
Equipment	5 years	45		45
Construction in process	N/A	1,102		6,229
		50,879		55,669
Less: Accumulated depreciation		(20,483)		(10,574)
		$	30,396	$	45,095