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PROPERTY, PLANT AND EQUIPMENT (Tables)
12 Months Ended
Dec. 31, 2023
Property, Plant and Equipment [Abstract]  
Schedule of Property and Equipment
Property, plant and equipment consisted of the following components as of December 31, 2023, and 2022:
Useful Lives
(Years)
December 31, 2023December 31, 2022
Electric plant
10 – 60
$67,063,626 $66,295,809 
Strongboxes and power transformers
8 – 30
54,588,284 52,318,704 
Machinery and equipment
5 – 20
16,222,214 18,131,977 
Rolling stock
5 – 7
261,000 261,000 
Cryptocurrency machines and powering supplies
2 – 3
88,445,931 81,945,396 
Computer hardware and software
2 – 5
100,536 17,196 
Vehicles and trailers
2 – 7
658,500 659,133 
Leasehold Improvements
2 – 3
2,992,845 — 
Construction in progressNot Depreciable11,562,170 19,553,826 
Asset retirement cost
10 – 30
580,452 580,452 
242,475,558 239,763,493 
Accumulated depreciation and amortization(97,832,787)(72,558,812)
Property, plant and equipment, net$144,642,771 $167,204,681