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PROPERTY, PLANT AND EQUIPMENT (Tables)
9 Months Ended
Sep. 30, 2024
Property, Plant and Equipment [Abstract]  
Schedule of Property, Plant and Equipment
Property, plant and equipment consisted of the following as of September 30, 2024, and December 31, 2023:
Useful Lives
(Years)
September 30, 2024December 31, 2023
Electric plant
10 - 60
$67,161,300 $67,063,626 
Strongboxes and power transformers
8 - 30
54,588,284 54,588,284 
Karbolith30493,626 — 
Machinery and equipment
5 - 20
17,175,420 16,222,214 
Rolling stock
5 - 7
272,267 261,000 
Cryptocurrency machines and powering supplies
2 - 3
89,538,064 88,445,931 
Computer hardware and software
2 - 5
106,679 100,536 
Vehicles and trailers
2 - 7
658,500 658,500 
Leasehold improvements
2 - 3
2,992,845 2,992,845 
Construction in progressNot Depreciable11,290,847 11,562,170 
Asset retirement cost
10 - 30
580,452 580,452 
244,858,284 242,475,558 
Accumulated depreciation and amortization(119,886,518)(97,832,787)
Property, plant and equipment, net$124,971,766 $144,642,771