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SEGMENT REPORTING
 12 Months Ended
Dec. 31, 2023
Segment Reporting [Abstract]  
SEGMENT REPORTING
NOTE 17 – SEGMENT REPORTING
Operating segments are defined as components of an enterprise about which separate financial information is available that is evaluated regularly in deciding how to allocate resources and assess performance. The Company's CEO is the chief operating decision maker. The Company functions in two operating segments, Energy Operations and Cryptocurrency Operations, about which separate financial information is presented below.
For the years ended
December 31, 2023December 31, 2022
OPERATING REVENUES:
Energy Operations$7,466,255 $51,000,381 
Cryptocurrency Operations67,500,045 59,223,437 
Total operating revenues$74,966,300 $110,223,818 
NET OPERATING LOSS:
Energy Operations$(37,718,403)$(38,992,034)
Cryptocurrency Operations(24,718,062)(108,274,121)
Total net operating (loss) income$(62,436,465)$(147,266,155)
OTHER EXPENSE [A](39,389,028)(47,905,812)
NET LOSS$(101,825,493)$(195,171,967)
DEPRECIATION AND AMORTIZATION:
Energy Operations$(5,337,828)$(5,189,071)
Cryptocurrency Operations(30,077,458)(42,046,273)
Total depreciation and amortization$(35,415,286)$(47,235,344)
INTEREST EXPENSE:
Energy Operations$(481,124)$(100,775)
Cryptocurrency Operations(9,365,235)(13,810,233)
Total interest expense$(9,846,359)$(13,911,008)
CAPITAL EXPENDITURES:
Energy Operations$932,898 $1,735,392 
Cryptocurrency Operations14,982,500 79,295,111 
Total capital expenditures$15,915,398 $81,030,503 
[A] The Company does not allocate other income (expense) for segment reporting purposes. Amount is shown as a reconciling item between net operating income/(losses) and consolidated income before taxes. Refer to the accompanying consolidated statements of operations for further details.
For the years ended December 31, 2023, and 2022, the loss on disposal of fixed assets, realized gain on sale of digital currencies, realized gain (loss) on sale of miner assets, impairments on miner assets, impairments on digital currencies, and impairments on equipment deposits recorded in the consolidated statements of operations were entirely attributable to the Cryptocurrency Operations segment.
Total assets by energy operations and cryptocurrency operations as of December 31, 2023, and 2022, are presented in the table below.
December 31, 2023December 31, 2022
Energy
Operations
Cryptocurrency
Operations		Total
Energy
Operations
Cryptocurrency
Operations		Total
Cash and cash equivalents$231,108 $3,983,505 $4,214,613 $693,805 $12,602,898 $13,296,703 
Digital currencies— 3,175,595 3,175,595 — 109,827 109,827 
Accounts receivable485,956 21,073 507,029 10,628,570 208,556 10,837,126 
Due from related parties97,288 — 97,288 73,122 — 73,122 
Prepaid insurance1,893,524 1,893,524 3,787,048 2,438,967 2,438,968 4,877,935 
Inventory4,196,812 — 4,196,812 4,471,657 — 4,471,657 
Other current assets433,612 1,241,472 1,675,084 — 1,975,300 1,975,300 
Equipment deposits— 8,000,643 8,000,643 — 10,081,307 10,081,307 
Property, plant and equipment, net41,538,240 103,104,531 144,642,771 45,645,205 121,559,476 167,204,681 
Land1,748,440 — 1,748,440 1,748,440 — 1,748,440 
Road bond299,738 — 299,738 211,958 — 211,958 
Operating lease right-of-use assets494,601 978,146 1,472,747 1,045,365 673,672 1,719,037 
Security deposits348,888 — 348,888 348,888 — 348,888 
Other noncurrent assets43,488 127,000 170,488 — — — 
$51,811,695 $122,525,489 $174,337,184 $67,305,977 $149,650,004 $216,955,981