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SEGMENT REPORTING (Tables)
12 Months Ended
Dec. 31, 2021
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment
Reportable segment results for the years ended are as follows:
December 31, 2021December 31, 2020
Operating Revenues
Energy Operations$16,123,067 $3,526,515 
Cryptocurrency Operations14,792,070 591,869 
Total Operating Revenues$30,915,137 $4,118,384 
Net Operating Income/(Loss)
Energy Operations$(17,284,859)$(2,454,197)
Cryptocurrency Operations(4,917,216)48,960 
Net Operating Loss$(22,202,075)$(2,405,237)
Other Income, net (a)(5,053,254)2,260,243 
Net Loss$(27,255,329)$(144,994)
Depreciation and Amortization
Energy Operations$(1,305,402)$(558,630)
Cryptocurrency Operations(6,302,319)— 
Total Depreciation & Amortization$(7,607,721)$(558,630)
Interest Expense
Energy Operations$(80,866)$(205,480)
Cryptocurrency Operations(4,541,789)— 
Total Interest Expense$(4,622,655)$(205,480)
(a)The Company does not allocate other income, net for segment reporting purposes. Amount is shown as a reconciling item between net operating income/(losses) and consolidated income before taxes. Refer to consolidated statement of operations for the years ended December 31, 2021 and 2020 for further details.
Energy
Operations
Cryptocurrency
Operations
Total
Cash$714,019 $31,076,096 $31,790,115 
Cryptocurrencies— 10,417,865 10,417,865 
Accounts receivable256,103 1,855,752 2,111,855 
Prepaid Insurance3,150,851 3,150,851 6,301,701 
Inventory3,372,254 — 3,372,254 
Other current assets— 661,640 661,640 
Security Deposits348,888 — 348,888 
Equipment Deposits— 130,999,398 130,999,398 
Property, plant and equipment, net5,911,638 160,745,517 166,657,155 
Land1,748,440 — 1,748,440 
Bonds211,958 — 211,958 
$15,714,151 $338,907,119 $354,621,269