EQUIPMENT DEPOSITS (Tables)

9 Months Ended

Sep. 30, 2021

Commitments and Contingencies Disclosure [Abstract]


Vendor	Model	Count	Delivery Timeframe	Total Commitments		Unpaid [A]		Equipment Deposits
MinerVa	MinerVA	15,000	Oct ‘21 - Dec '21	$	73,387,500	(14,677,500)		58,710,000
Cryptech	Bitmain	2,400	Nov ‘21 - Oct ‘22	12,660,000		(7,807,000)		4,853,000
Northern Data	MicroBT	9,900	Oct ‘21 - Nov '21	22,061,852		—		22,061,852
Totals		27,300		$	108,109,352	$	(22,484,500)	$	85,624,852

[A] Future commitments still owed to each vendor. Refer to Note 8 – Contingencies and Commitments for further details. Refer to Note 25 –Subsequent Events for disclosure of the final MinerVa deposit payment being made after September 30, 2021.Representing twelve installments remaining through September 2022:


				Remaining
		Purchase Price		$	12,660,000
		April 2021 - 30%		$	(3,798,000)
#	Date	After down payment		$	8,862,000
1	05/01/21	$	(211,000)	$	8,651,000
3	06/01/21	$	(211,000)	$	8,440,000
4	07/01/21	$	(211,000)	$	8,229,000
5	08/01/21	$	(211,000)	$	8,018,000
6	09/01/21	$	(211,000)	$	7,807,000
7	10/01/21	$	(738,500)	$	7,068,500
8	11/01/21	$	(738,500)	$	6,330,000
9	12/01/21	$	(738,500)	$	5,591,500
10	01/01/22	$	(738,500)	$	4,853,000
11	02/01/22	$	(738,500)	$	4,114,500
12	03/01/22	$	(738,500)	$	3,376,000
13	04/01/22	$	(738,500)	$	2,637,500
14	05/01/22	$	(527,500)	$	2,110,000
15	06/01/22	$	(527,500)	$	1,582,500
15	07/01/22	$	(527,500)	$	1,055,000
16	08/01/22	$	(527,500)	$	527,500
17	09/01/22	$	(527,500)	$	—

The following are the outstanding future commitments still owed as of September 30, 2021:


Vendor	Model	Count	Delivery Timeframe	Future Payments		< 1 year		2 years		3-5 years
MinerVa	MinerVA	15,000	Oct ‘21 - Jan '21	$	14,677,500	$	14,677,500	$	—	$	—
Cryptech	Bitmain	2,400	Nov ‘21 - Oct ‘22	7,807,000		7,807,000		—		—
Totals		17,400		$	22,484,500	$	22,484,500	$	—	$	—