SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

12 Months Ended

Dec. 31, 2024

Accounting Policies [Abstract]

Summary of Property and Equipment, Net

Asset Class	Estimated Useful Lives
Plant infrastructure	10 years
Miners	3 years
Miner facility infrastructure	10 years
Equipment	5 years
Software	3 years

Property and equipment, net consisted of the following:

$ in thousands	Estimated Useful Lives	December 31, 2024		December 31, 2023
Plant infrastructure	10 years	$	1,522	$	1,367
Miners	3 years	36,182		32,195
Miner facility infrastructure	10 years	13,227		8,154
Land	N/A	1,952		7,679
Equipment	5 years	45		45
Construction in process	N/A	1,834		6,229
		54,762		55,669
Less: Accumulated depreciation		(24,463)		(10,574)
		$	30,299	$	45,095