Digihost Technology (DGHI) 20-F 14 Jul 23 2022 FY Annual report (foreign) Financial data

Document And Entity Information

Document And Entity Information	12 Months Ended
	Dec. 31, 2022 shares
Document Information Line Items
Entity Registrant Name	Digihost Technology Inc.
Trading Symbol	DGHI
Document Type	20-F
Current Fiscal Year End Date	--12-31
Entity Common Stock, Shares Outstanding	27,842,204
Amendment Flag	false
Entity Central Index Key	0001854368
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Filer Category	Non-accelerated Filer
Entity Well-known Seasoned Issuer	No
Document Period End Date	Dec. 31, 2022
Document Fiscal Year Focus	2022
Document Fiscal Period Focus	FY
Entity Emerging Growth Company	true
Entity Shell Company	false
Entity Ex Transition Period	false
ICFR Auditor Attestation Flag	false
Document Registration Statement	false
Document Annual Report	true
Document Transition Report	false
Document Shell Company Report	false
Entity File Number	001-40527
Entity Incorporation, State or Country Code	Z4
Entity Address, Address Line One	18 King Street East
Entity Address, Address Line Two	Suite 902
Entity Address, Address Line Three	Toronto
Entity Address, City or Town	Ontario
Entity Address, Postal Zip Code	M5C 1C4
Entity Address, Country	CA
Title of 12(b) Security	Subordinate Voting Shares
Security Exchange Name	NASDAQ
Entity Interactive Data Current	Yes
Document Accounting Standard	International Financial Reporting Standards
Auditor Name	Raymond Chabot Grant Thornton LLP
Auditor Location	Montreal, Canada
Auditor Firm ID	1232
Business Contact
Document Information Line Items
Entity Address, Address Line One	18 King Street East
Entity Address, Address Line Two	Suite 902
Entity Address, Address Line Three	Toronto
Entity Address, City or Town	Ontario
Entity Address, Postal Zip Code	M5C 1C4
Entity Address, Country	CA
Contact Personnel Name	Michel Amar, CEO
Contact Personnel Fax Number	michel@digihostblockchain.com

Consolidated Statements of Fina

Consolidated Statements of Financial Position - USD ($)	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Current assets
Cash	$ 1,850,622	$ 915,715	$ 31,250
Digital currencies (note 3)	2,800,657	33,491,986	4,508,042
Amounts receivable and prepaid expenses (note 4)	1,234,175	1,808,304	12,622
Loan receivable			141,552
Income tax receivable	244,399
Total current assets	6,129,853	36,216,005	4,693,466
Property, plant and equipment (note 5)	41,811,233	38,142,107	6,497,634
Right-of-use assets (note 6)	2,538,447	2,078,599	2,413,720
Intangible asset (note 7)	1,314,028	1,443,260	1,572,500
Goodwill (note 8)		1,346,904	1,342,281
Promissory note receivable (note 9)	806,000	800,000
Total assets	52,599,561	80,026,875	16,519,601
Current liabilities
Accounts payable and accrued liabilities	2,345,175	2,272,850	920,914
Amount owing to Northern Data, NY LLC (‌notes 3 and 5)	322,099	2,940,412
Lease liabilities (note 10)	99,957		111,672
Income tax payable		305,601
Loans payable			2,010,172
Mortgage payable (note 12)	488,062
Total current liabilities	3,255,293	5,518,863	3,042,758
Deposits payable	511,000	1,788,500
Lease liabilities (note 10)	447,514		2,434,488
Mortgage payable (note 12)	389,065
Loans payable			532,911
Deferred tax liability		2,514,743	65,638
Warrant liabilities (note 13)	821,697	31,943,365
Total liabilities	5,424,569	41,765,471	6,075,795
Shareholders’ equity Share capital (note 14)	39,602,634	31,423,095	12,541,038
Contributed surplus	15,675,828	11,844,581	1,267,551
Cumulative translation adjustment	(3,491,583)	167,068	118,162
Digital currency revaluation reserve		3,706,624	1,982,501
Deficit	(4,611,887)	(8,879,964)	(5,465,446)
Total shareholders’ equity	47,174,992	38,261,404	10,443,806
Total liabilities and shareholders’ equity	$ 52,599,561	$ 80,026,875	$ 16,519,601

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income - USD ($)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Profit or loss [abstract]
Revenue from digital currency mining (note 3)	$ 24,190,060	$ 24,952,344	$ 3,553,362
Cost of digital currency mining
Cost of power	(14,537,261)	(5,835,227)	(4,163,007)
Other production costs	(3,223,525)	(1,237,537)
Depreciation and amortization	(10,709,108)	(3,281,143)	(3,387,043)
Miner lease and hosting agreement (note 3)	(2,517,503)	(3,469,287)
Gross profit (loss)	(6,797,337)	11,129,150	(3,996,688)
Expenses
Office and administrative expenses	(3,074,423)	(1,182,258)	(233,227)
Professional fees	(1,745,613)	(1,496,418)	(229,573)
Regulatory fees	(235,445)	(162,681)	(77,827)
Gain on sale of property, plant and equipment	1,140,658	1,552,295
Loss on settlement of debt	(294,306)	(390,290)
Foreign exchange gain	3,972,705	358,985
Gain (loss) on sale of digital currencies (note 3)	(11,574,330)	290,948	62,799
Loss on digital currency option calls	(1,950,000)
Other (expense) income	(50,834)	98,443	44,068
Change in fair value of amount owing for Miner Lease Agreement	1,693,088	528,875
Insurance proceeds			109,900
Share based compensation (note 16)	(3,296,238)	(7,804,271)	(1,247,551)
Loss on revaluation of digital currencies (note 3)	(3,256,530)
Impairment of goodwill (note 8)	(1,260,783)
Impairment of data miners (note 5)	(1,556,000)
Operating (loss) income	(28,285,388)	2,922,778	(5,568,099)
Revaluation of warrant liabilities (note 13)	32,010,637	1,551,013
Net financial expenses (note 20)	(238,204)	(332,814)	(258,427)
Private placements issuance costs	(695,170)	(4,973,051)
Net income (loss) before income taxes	2,791,875	(832,074)	(5,826,526)
Income tax expense		(127,340)
Deferred tax recovery (expense)	1,537,467	(2,173,279)	635,813
Net income (loss) for the year	4,329,342	(3,132,693)	(5,190,713)
Other comprehensive income (loss)
Items that will be reclassified to net income Foreign currency translation adjustment	(3,658,651)	48,906	118,162
Items that will not be reclassified to net income Revaluation of digital currencies, net of tax	(3,706,624)	1,724,123	1,982,501
Total comprehensive loss for the year	$ (3,035,933)	$ (1,359,664)	$ (3,090,050)
Basic income (loss) per share (note 17) (in Dollars per share)	$ 0.16	$ (0.14)	$ (0.44)
Diluted income (loss) per share (note 17) (in Dollars per share)	$ 0.16	$ (0.14)	$ (0.44)

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Operating activities
Net income (loss) for the year	$ 4,329,342	$ (3,132,693)	$ (5,190,713)
Adjustments for:
Digital currencies items (note 19)	15,528,972	(21,774,005)	(1,824,090)
Gain on sale of property, plant and equipment	(1,140,658)	(1,552,295)
Depreciation of right-of-use assets	142,324	198,291	174,388
Depreciation and amortization	10,657,144	3,082,852	3,212,655
Interest on lease liabilities	58,014	236,680	216,435
Change in fair value of amount owing to Northern Data	(1,693,088)	(528,875)
Share based compensation	3,296,238	7,804,271
Change in warrant liability	(32,010,637)	(1,551,013)
Share issuance cost	695,170	4,973,051	1,247,551
Loss on settlement of debt	294,306	390,290
Change in fair value of promissory note receivable	(6,000)
Impairment of goodwill	1,260,783
Impairment of data miners	1,556,000
Income tax expense		127,340
Deferred tax (recovery) expense	(1,537,467)	2,173,279	(635,813)
Foreign exchange gain	(3,660,296)	(333,148)	63,464
Working capital items (note 19)	(1,181,046)	1,026,381	486,266
Net cash used in operating activities	(3,410,899)	(8,859,594)	(2,249,857)
Investing activities
Purchase of property, plant and equipment	(14,685,038)	(33,924,780)	(1,154,260)
Net funds for loan receivable			(113,917)
Proceeds from sale of property, plant and equipment	795,000
Acquisition of digital currency option calls	(623,000)
Promissory note receivable		(800,000)
Net cash used in investing activities	(14,513,038)	(34,724,780)	(1,268,177)
Financing activities
Proceeds from private placement, net of costs	8,314,269	50,218,093	(39,335)
Proceeds from pre-funded warrants	1,029,600
Repayment of mortgage	(133,500)
Repurchase of shares	(255,525)	(599,997)	20
Proceeds from loans payable	10,000,000	1,473,495	2,543,083
Repayment of loans payable		(3,975,083)
Lease payments	(96,000)	(2,647,669)	(258,381)
Net cash provided by financing activities	18,858,844	44,468,839	2,245,347
Net change in cash	934,907	884,465	(1,272,687)
Cash, beginning of year	915,715	31,250	1,303,937
Cash, end of year	1,850,622	915,715	31,250
Supplemental information
Interest paid	$ 238,204	$ 117,697	$ 18,114

Consolidated Statement of Chang

Consolidated Statement of Changes in Shareholders’ Equity - USD ($)	Subordinate voting shares	Proportionate voting shares	Share capital	Contributed surplus	Translation Adjustment	Digital currency revaluation reserve	Deficit	Total
Balance at Dec. 31, 2019			$ 20				$ (274,733)	$ (274,713)
Balance (in Shares) at Dec. 31, 2019	2,176,805
Issuance of Old Digihost shares for transfer of lease and property and equipment and intangibles			5,480,000					5,480,000
Cancellation of founder shares			(20)					(20)
Shares issued pursuant to reverse takeover transaction			2,957,458					2,957,458
Shares issued pursuant to reverse takeover transaction (in Shares)	9,940,000
Private placement			4,044,431	20,000				4,064,431
Private placement (in Shares)	1,864,162
Share exchange for proportionate voting shares
Share exchange for proportionate voting shares (in Shares)	(666,666)	3,333
Shares issued as payment for accounts payable			59,149					59,149
Shares issued as payment for accounts payable (in Shares)	43,537
Share based compensation				1,247,551				1,247,551
Transaction with owners			12,541,038	1,267,551			(274,733)	13,533,856
Transaction with owners (in Shares)	13,357,838	3,333
Foreign currency translation adjustment					118,162			118,162
Revaluation of digital currencies, net of tax						1,982,501		1,982,501
Net income for the year							(5,190,713)	(5,190,713)
Total comprehensive loss for the year					118,162	1,982,501	(5,190,713)	(3,090,050)
Balance at Dec. 31, 2020			12,541,038	1,267,551	118,162	1,982,501	(5,465,446)	$ 10,443,806
Balance (in Shares) at Dec. 31, 2020	13,357,838	3,333						36,858
Private placement			21,175,816					$ 21,175,816
Private placement (in Shares)	11,555,674
Cost of issue - cash			(1,729,158)					(1,729,158)
Cost of issue - broker warrants			(963,548)	2,827,528				1,863,980
Shares issued as payment for accounts payable			345,055					345,055
Shares issued as payment for accounts payable (in Shares)	82,803
Shares cancelled			(319,040)				(281,825)	(600,865)
Shares cancelled (in Shares)	(164,533)
Shares issued as commission
Shares issued as commission (in Shares)	49,383
Shares issued for exercise of stock options			372,932	(181,953)				190,979
Shares issued for exercise of stock options (in Shares)	75,000
Share based compensation				7,804,271				7,804,271
Excess tax benefit on exercised stock options				56,702				56,702
Excess tax benefit on outstanding stock options				70,482				70,482
Transaction with owners			31,423,095	11,844,581	118,162	1,982,501	(5,747,271)	39,621,068
Transaction with owners (in Shares)	24,956,165	3,333
Foreign currency translation adjustment					48,906			48,906
Revaluation of digital currencies, net of tax						1,724,123		1,724,123
Net income for the year							(3,132,693)	(3,132,693)
Total comprehensive loss for the year					48,906	1,724,123	(3,132,693)	(1,359,664)
Balance at Dec. 31, 2021			31,423,095	11,844,581	167,068	3,706,624	(8,879,964)	$ 38,261,404
Balance (in Shares) at Dec. 31, 2021	24,956,165	3,333						9,098,514
Private placement			15,255,979					$ 15,255,979
Private placement (in Shares)	2,729,748
Cost of issue - cash			(547,307)					(547,307)
Cost of issue - broker warrants			(270,978)	535,009				264,031
Warrant liabilities			(7,007,643)					(7,007,643)
Shares repurchased			(194,260)				(61,265)	(255,525)
Shares repurchased (in Shares)	(165,200)
Shares issued for cash			2,469					2,469
Shares issued for cash (in Shares)	2,100
Shares issued for exercise of pre-funded warrants			927,463					927,463
Shares issued for exercise of pre-funded warrants (in Shares)	300,000
Share based compensation				3,296,238				3,296,238
Shares issued to settle payable			13,816					13,816
Shares issued to settle payable (in Shares)	19,391
Transaction with owners			39,602,634	15,675,828	167,068	3,706,624	(8,941,229)	50,210,925
Transaction with owners (in Shares)	27,842,204	3,333
Foreign currency translation adjustment					(3,658,651)			(3,658,651)
Revaluation of digital currencies, net of tax						(3,706,624)		(3,706,624)
Net income for the year							4,329,342	4,329,342
Total comprehensive loss for the year					(3,658,651)	(3,706,624)	4,329,342	(3,035,933)
Balance at Dec. 31, 2022			$ 39,602,634	$ 15,675,828	$ (3,491,583)		$ (4,611,887)	$ 47,174,992
Balance (in Shares) at Dec. 31, 2022	27,842,204	3,333						9,098,514

Nature of Operations and Going

Nature of Operations and Going Concern	12 Months Ended
	Dec. 31, 2022
Nature of operations and going concern [Abstract]
Nature of operations and going concern	1. Nature of operations and going concern Digihost Technology Inc. (the “Company” or “Digihost”) was incorporated in British Columbia, Canada, on February 18, 2017 as Chortle Capital Corp and subsequently changed its name to HashChain Technology Inc. on September 18, 2017, and again to Digihost Technology Inc. on February 14, 2020. Digihost and its subsidiaries, Digihost International, Inc., and DGX Holding, LLC (together the “Company”) is a blockchain technology company with operations in cryptocurrency mining. The head office of the Company is located at 2830 Produce Row, Houston, TX, 77023. These consolidated financial statements of the Company were reviewed, approved and authorized for issue by the Board of Directors on July 14, 2023. Going Concern These consolidated financial statements have been prepared on the basis of accounting principles applicable to a going concern, which assume that the Company will continue in operation and will be able to realize its assets and discharge its liabilities in the normal course of operations. In assessing whether the going concern assumption is appropriate, management takes into account all available information about the future, which is at least, but not limited to twelve months from the end of the reporting period. The use of these principles may not be appropriate. As at December 31, 2022, the Company has a working capital of $2,874,560 (2021 - $30,697,142, 2020 - $1,650,708) and did not generate positive cashflows from its operations since its incorporation. The current working capital is not sufficient to meet the Company’s requirements and business growth initiatives. The Company’s ability to continue as a going concern depends upon its ability generate positive cashflows from its operations and to raise additional financing. Even if the Company has been successful in the past in raising financings, there is no assurance that it will manage to obtain additional financing in the future. These material uncertainties may cast significant doubt regarding the Company’s ability to continue as a going concern. These consolidated financial statements do not include any adjustments or disclosures that may be necessary should the Company not be able to continue as a going concern. If this were the case, these adjustments could be material.

Significant Accounting Policies

Significant Accounting Policies	12 Months Ended
	Dec. 31, 2022
Disclosure of Significant Accounting Policies [Abstract]
Significant accounting policies	2. Significant accounting policies (a) Statement of compliance The consolidated financial statements have been prepared in accordance with IFRS issued effective for the Company’s reporting for the year ended December 31, 2022. (b) Statement of presentation The Company’s consolidated financial statements have been prepared on an accrual basis and under the historical cost basis. (c) Basis of consolidation These consolidated financial statements include the accounts of Digihost and its wholly owned subsidiaries: Digihost International, Inc. and DGX Holdings, LLC. Subsidiaries are consolidated from the date of acquisition, being the date on which the Company obtains control, and continues to be consolidated until the date that such control ceases. Control is achieved when an investor has power over an investee to direct its activities, exposure to variable returns from an investee, and the ability to use the power to affect the investor’s returns. All intercompany transactions and balances have been eliminated upon consolidation. (d) Functional and presentation currency These financial statements are presented in United States dollars. The functional currency of Digihost is the Canadian dollar and the functional currency of Digihost International, Inc. and DGX Holding, LLC is the United States dollars. All financial information is expressed in United States dollars, unless otherwise stated. (e) Foreign currency translation Monetary assets and liabilities denominated in foreign currencies are translated to the respective functional currency at exchange rates in effect at the reporting date. Non-monetary assets and liabilities are translated at historical exchange rates at the respective transaction dates. Revenue and expenses are translated at the rate of exchange at each transaction date. Gains or losses on translation are included in foreign exchange expense. The results and financial position of an entity whose functional currency are translated into a different presentation currency are treated as follows: ● assets and liabilities are translated at the closing rate at the reporting date; ● income and expenses for each income statement are translated at average exchange rates at the dates of the period; and ● all resulting exchange differences are recognized in other comprehensive income as cumulative translation adjustments. (f) Revenue recognition The Company recognizes revenue from the provision of transaction verification services within digital currency networks, commonly termed “cryptocurrency mining.” As consideration for these services, the Company receives digital currency from each specific cryptocurrency mining pool in which it participates. Revenue is measured based on the fair value of the digital currencies received. The fair value is determined using the spot price of the digital currencies on the date of receipt. Digital currencies are considered earned on the completion and addition of a block to the blockchain, at which time the economic benefit is received and can be reliably measured. (g) Digital currencies Digital currencies consist of Bitcoin and Ethereum. Digital currencies meet the definition of intangible assets in IAS 38 Intangible Assets as they are identifiable non-monetary assets without physical substance. They are initially recorded at cost and the revaluation method is used to measure the digital currencies subsequently. Where digital assets are recognized as revenue, the fair value of the Bitcoin received is considered to be the cost of the digital assets. Under the revaluation method, increases in fair value are recorded in other comprehensive income, while decreases are recorded in profit or loss. The Company revalues its digital currencies at the end of each quarter. There is no recycling of gains from other comprehensive income to profit or loss. However, to the extent that an increase in fair value reverses a previous decrease in fair value that has been recorded in profit or loss, that increase is recorded in profit or loss. Decreases in fair value that reverse gains previously recorded in other comprehensive income are recorded in other comprehensive income. Gains and losses on digital currencies sold between revaluation dates are included in profit or loss. Digital currencies are measured at fair value using the quoted price on CoinMarketCap. CoinMarketCap is a pricing aggregator, as the principal market or most advantageous market is not always known. The Company believes any price difference amongst the principal market and an aggregated price to be immaterial. Management considers this fair value to be a Level 2 input under IFRS 13 Fair Value Measurement fair value hierarchy as the price on this source represents an average of quoted prices on multiple digital currency exchanges. (h) Property, plant and equipment Details as to the Company’s policies for property, plant and equipment are as follows: Asset Amortization method Amortization period Data miners Straight-line 12 - 36 months Equipment Straight-line 36 and 120 months Leasehold improvement Straight-line 120 months Powerplant in use Straight-line 480 months Property, plant and equipment are recorded at cost less accumulated depreciation. Cost includes all expenditures incurred to bring assets to the location and condition necessary for them to be operated in the manner intended by management. Material residual value estimates and estimates of useful life are updated as required, but at least annually. Subsequent costs are included in the asset’s carrying amount or recognized as a separate asset, as appropriate, only when it is probable that future economic benefits associated with the item will flow to the Company and the cost of the item can be measured reliably. The carrying amount of any replaced parts is derecognized. All other repairs and maintenance are charged to profit or loss during the fiscal year in which they are incurred. Gains and losses on disposal are determined by comparing the proceeds with the carrying amount and are recognized in profit or loss. (i) Intangible assets Intangible assets are accounted for using the cost model whereby capitalized costs are amortized on a straight-line basis over their estimated useful lives. Residual values and useful lives are reviewed at each reporting date. The right of use of an electric power facility is depreciated over 13 years. When an intangible asset is disposed of, the gain or loss on disposal is determined as the difference between the proceeds and the carrying amount of the asset, and is recognized in profit or loss. Amortization of intangible assets has been included in depreciation and amortization in the consolidated statement of comprehensive loss. (j) Impairment of non-financial assets The Company reviews the carrying amounts of its non-financial assets, including property, plant and equipment, right of use assets and intangible assets when events or changes in circumstances indicate the assets may not be recoverable. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss, if any. Where it is not possible to estimate the recoverable amount of an individual asset, the Company estimates the recoverable amount of the cash generating unit to which the asset belongs. Assets carried at fair value, such as digital currencies, are excluded from impairment analysis. Cash generating units to which goodwill has been allocated are tested for impairment annually. Recoverable amount is the higher of fair value less costs of disposal and value in use. In assessing value in use, the estimated future cash flows to be derived from continuing use of the asset or cash generating unit are discounted to their present value using a pre-tax discount rate that reflects current market assessments of the time value of money and the risks specific to the asset. Fair value less costs of disposal is the amount obtainable from the sale of an asset or cash generating unit in an arm’s length transaction between knowledgeable, willing parties, less the cost of disposal. When a binding sale agreement is not available, fair value less costs of disposal is estimated using a discounted cash flow approach with inputs and assumptions consistent with those of a market participant. If the recoverable amount of an asset or cash generating unit is estimated to be less than its carrying amount, the carrying amount of the asset or cash generating unit is reduced to its recoverable amount. An impairment loss is recognized immediately in net income. With the exception of goodwill, where an impairment loss subsequently reverses, the carrying amount of the asset or cash generating unit is increased to the revised estimate of its recoverable amount, such that the increased carrying amount does not exceed the carrying amount that would have been determined had no impairment loss been recognized. (k) Leases and right-of-use assets All leases are accounted for by recognizing a right-of-use asset and a lease liability except for: ° Leases of low value assets; and ° Leases with a duration of 12 months or less. Lease liabilities are measured at the present value of the contractual payments due to the lessor over the lease term, with the discount rate determined by the incremental borrowing rate on commencement of the lease is used. Variable lease payments are only included in the measurement of the lease liability if they depend on an index or rate. In such cases, the initial measurement of the lease liability assumes the variable element will remain unchanged throughout the lease term. Other variable lease payments are expensed in the period to which they relate. On initial recognition, the carrying value of the lease liability also includes: ° Amounts expected to be payable under any residual value guarantee; ° The exercise price of any purchase option granted if it is reasonable certain to assess that option; and ° Any penalties payable for terminating the lease, if the term of the lease has been estimated on the basis of termination option being exercised. Right-of-use assets are initially measured at cost, which includes the initial amount of the lease liability, reduced for any lease incentives received, and increased for: ° Lease payments made at or before commencement of the lease; ° Initial direct costs incurred; and ° The amount of any provision recognized where the Company is contractually required to dismantle, remove or restore the leased asset. Lease liabilities, on initial measurement, increase as a result of interest charged at a constant rate on the balance outstanding and are reduced for lease payments made. Right-of-use assets are amortized on a straight-line basis over the remaining term of the lease or over the remaining economic life of the asset if this is judged to be shorter than the lease term. When the Company revises its estimate of the term of any lease, it adjusts the carrying amount of the lease liability to reflect the payments to make over the revised term, which are discounted at the same discount rate that applied on lease commencement. The carrying value of lease liabilities is similarly revised when the variable element of future lease payments dependent on a rate or index is revised. In both cases, an equivalent adjustment is made to the carrying value of the right-of-use asset, with the revised carrying amount being amortized over the remaining (revised) lease term or recorded in profit or loss if the right-of-use asset is reduced to zero. (l) Goodwill The Company measures goodwill as the fair value of the cost of the acquisition less the fair value of the identifiable net assets acquired, all measured as of the acquisition date. Goodwill is carried at cost less accumulated impairment losses. (m) Financial instruments Financial assets are classified and measured based on the business model in which they are held and the characteristics of their con tractual cash flows. The primary measurement categories for financial assets are measured at amortized cost, fair value through other comprehensive income (“FVTOCI”) and fair value through profit and loss (“FVTPL”). Financial assets Financial assets are classified as either financial assets at FVTPL, amortized cost, or FVTOCI. The Company determines the classification of its financial assets at initial recognition. The Company does not have any financial assets categorized as FVTOCI. ● Amortized cost Financial assets are classified as measured at amortized cost if both of the following criteria are met: 1) the object of the Company’s business model for these financial assets is to collect their contractual cash flows; and 2) the asset’s contractual cash flows represent “solely payments of principal and interest.” After initial recognition, these are measured at amortized cost using the effective interest rate method. Discounting is omitted where the effect of discounting is immaterial. The Company’s cash and amounts receivables are classified as financial assets and measured at amortized cost. Revenues from these financial assets are recognized in financial revenues, if any. ● FVTPL Financial assets carried at FVTPL are initially recorded at fair value and transactions costs expensed in the consolidated statements of net loss. Realized and unrealized gains and losses arising from changes in the fair value of the financial assets held at FVTPL are recorded in the consolidated statements of comprehensive income in the period in which they arise. The Company’s promissory note receivable is classified as a financial asset and measured at FVTPL. Financial liabilities Financial liabilities are subsequently measured at amortized cost using the effective interest rate method. The Company’s accounts payable and accrued liabilities (excluding salaries payable), mortgage payable and deposit payable are classified as measured at amortized cost. The Company’s amount owing to Northern Dat Derecognition The Company derecognizes financial liabilities only when its obligations under the financial liabilities are discharged, cancelled, or expired. The difference between the carrying amount of the financial liability derecognized and the consideration paid and payable, including any non-cash assets transferred or liabilities assumed, is recognized in profit or loss. Financial assets are derecognized when the contractual rights to the cash flows from the financial asset expire, or when the financial asset and substantially all the risks and rewards are transferred. Expected Credit Loss Impairment Model The Company uses the single expected credit loss impairment model, which is based on changes in credit quality since initial application. The Company assumes that the credit risk on a financial asset has increased significantly if it is more than 30 days past due. The Company considers a financial asset to be in default when the borrower is unlikely to pay its credit obligations to the Company in full or when the financial asset is more than 90 days past due. The carrying amount of a financial asset is written off (either partially or in full) to the extent that there is no realistic prospect of recovery. This is generally the case when the Company determines that the debtor does not have assets or sources of income that could generate sufficient cash flows to repay the amounts subject to the write-off. Fair Value Financial instruments recorded at fair value on the statements of financial position are classified using a fair value hierarchy that reflects the significance of the inputs used in making the measurements. Th e fair value hierarchy has the following levels: ● Level 1 – quoted prices (unadjusted) in active markets for identical assets or liabilities; ● Level 2 – inputs other than quoted prices included in Level 1 that are observable for the asset or liability, either directly (i.e. prices) or indirectly (i.e. derived from prices); and ● Level 3 – inputs for the assets or liability that are not based on observable market data (unobservable inputs). (n) Share capital and equity Share capital represents the amount received on the issue of shares, less issuance costs, net of any underlying income tax benefit from these issuance costs. When warrants are issued in connection with shares, the Company uses the residual method for allocating fair value to the shares and then to warrants. Contributed surplus includes the value of warrants classified as equity and stock options. When warrants and stock options are exercised, the related compensation cost and value are transferred to share capital. Deficit includes all current and prior year losses. Digital currency revaluation reserve includes gains and losses from the revaluation of digital currencies, net of tax. Cumulative translation reserve includes foreign currency translation differences arising from the translation of financial statements of foreign entities into United States dollars. (o) Share-based compensation The granting of stock options and RSUs to employees, officers, directors or consultants of the Company requires the recognition of share-based compensation expense with a corresponding increase in contributed surplus in shareholders’ equity. The fair value of stock options that vest immediately are recorded as share-based compensation expense at the date of the grant. The fair values of the RSUs are determined by the quoted market price of the Company’s common shares at date of grant. The expense for stock options and RSUs that vest over time is recorded over the vesting period using the graded method, which incorporates management’s estimate of the stock options that are not expected to vest. For stock options where vesting is subject to the completion of performance milestones, the estimate for completion of the milestone is reviewed at each reporting date for any change in the estimated vesting date, and to the extent there is a material change in the vesting date estimate, the amortization to be recognized is recalculated for the new timeline estimate and adjusted on a prospective basis in the current period. The effect of a change in the number of stock options expected to vest is a change in an estimate and the cumulative effect of the change is recognized in the period when the change occurs. On exercise of an stock option, the consideration received and the estimated fair value previously recorded in contributed surplus is recorded as an increase in share capital. Stock options awarded to consultants are measured based on the fair value of the goods and services received unless that fair value cannot be estimated reliably. If the fair value of the goods and services cannot be reliably measured, then the fair value of the equity instruments granted is used to recognize the expense. (p) Loss per share The Company presents basic and diluted loss per share data for its subordinate voting shares, calculated by dividing the loss attributable to common shareholders of the Company by the weighted average number of subordinate voting shares and proportionate voting shares outstanding during the period. Diluted loss per share is determined by adjusting the weighted average number of subordinate voting shares and proportionate voting shares outstanding to assume conversion of all dilutive potential subordinate voting shares. Diluted loss per share equals basic loss per share given the anti-dilutive options and warrants for 2021. (q) Provisions Provisions are recognized when the Company has a legal or constructive obligation, as a result of past events, for which it is probable that an outflow of economic benefits will result, and that outflow can be reliably measured. The amount recognized as a provision is the best estimate of the expenditure required to settle the present obligation at the end of the reporting period. (r) Business combinations The Company applies the acquisition method in accounting for business combinations. The consideration transferred by the Company to obtain control of a subsidiary is calculated as the sum of the acquisition-date fair values of assets transferred, liabilities incurred and the equity interests issued by the Company, which includes the fair value of any asset or liability arising from a contingent consideration arrangement. Acquisition costs are expensed as incurred. Assets acquired and liabilities assumed are measured at their acquisition-date fair values. (s) Income taxes Income tax on the profit or loss for the years presented comprises current and deferred tax. Income tax is recognized in profit or loss except to the extent that it relates to items recognized directly in equity, in which case it is recognized in equity. Current tax expense is the expected tax payable on the taxable income for the year, using tax rates enacted or substantively enacted at year end, adjusted for amendments to tax payable with regards to previous years. Deferred tax is provided using the liability method, providing for temporary differences between the carrying amounts of assets and liabilities for financial reporting purposes and the amounts used for taxation purposes. The following temporary differences are not provided for: goodwill not deductible for tax purposes and the initial recognition of assets or liabilities that affect neither accounting nor taxable profit. The amount of deferred tax provided is based on the expected manner of realization or settlement of the carrying amount of assets and liabilities, using tax rates enacted or substantively enacted at the financial position reporting date. A deferred tax asset is recognized only to the extent that it is probable that the underlying tax loss or deductible temporary difference will be utilized against future taxable income. Deferred tax liabilities are always provided for in full. Changes in deferred tax assets or deferred tax liabilities are recognized as revenues or expense in profit and loss, unless they relate to items that were recognized directly in equity, in which case the related deferred taxes are also recognized in equity. (t) Standards, amendments and interpretations to existing standards that are not yet effective and have not been adopted early by the Company. At the date of authorization of these consolidated financial statements, several new, but not yet effective, standards and amendments to existing standards, and interpretations have been published by the IASB. None of these standards or amendments to existing standards have been adopted early by the Company. Management anticipates that all relevant pronouncements will be adopted for the first period beginning on or after the effective date of the pronouncement. New standards, amendments and interpretations not adopted in the current year have not been disclosed as they are not expected to have a material impact on the Company’s consolidated financial statements. (u) Critical accounting judgments, estimates and assumptions The preparation of these financial statements in conformity with IFRS requires management to make certain estimates, judgments and assumptions that affect the reported amounts of assets and liabilities at the date of the financial statements and reported amounts of expenses during the reporting period. Actual outcomes could differ from these estimates. These financial statements include estimates that, by their nature, are uncertain. The impacts of such estimates are pervasive throughout the financial statements, and may require accounting adjustments based on future occurrences. Revisions to accounting estimates are recognized in the year in which the estimate is revised and future years if the revision affects both current and future years. These estimates are based on historical experience, current and future economic conditions and other factors, including expectations of future events that are believed to be reasonable under the circumstances. Significant assumptions about the future that management has made that could result in a material adjustment to the carrying amounts of assets and liabilities, in the event that actual results differ from assumptions made, relate to, but are not limited to, the following: Significant judgments (i) Income from digital currency mining The Company recognizes income from digital currency mining from the provision of transaction verification services within digital currency networks, commonly termed “cryptocurrency mining.” As consideration for these services, the Company receives digital currency from each specific network in which it participates (“coins”). Income from digital currency mining is measured based on the fair value of the coins received. The fair value is determined using the spot price of the coin on the date of receipt. The coins are recorded on the statement of financial position, as digital currencies, at their fair value less costs to sell and re-measured at each reporting date. Revaluation gains or losses, as well as gains or losses on the sale of coins for traditional (fiat) currencies are included in profit or loss in accordance with the Company’s treatment of its digital currencies as a traded commodity. There is currently no specific definitive guidance in IFRS or alternative accounting frameworks for the accounting for the mining and strategic selling of digital currencies and management has exercised significant judgment in determining appropriate accounting treatment for the recognition of income from digital currency mining for mining of digital currencies. Management has examined various factors surrounding the substance of the Company’s operations, including the stage of completion being the completion and addition of a block to a blockchain and the reliability of the measurement of the digital currency received. (ii) Leases – incremental borrowing rate Judgment is applied when determining the incremental borrowing rate used to measure the lease liability of each lease contract, including an estimate of the asset-specific security impact. The incremental borrowing rate should reflect the interest rate the Company would pay to borrow at a similar term and with similar security. (iii) Income, value added, withholding and other taxes The Company is subject to income, value added, withholding and other taxes. Significant judgment is required in determining the Company’s provisions for taxes. There are many transactions and calculations for which the ultimate tax determination is uncertain during the ordinary course of business. The Company recognizes liabilities for anticipated tax audit issues based on estimates of whether additional taxes will be due. The determination of the Company’s income, value added, withholding and other tax liabilities requires interpretation of complex laws and regulations. The Company’s interpretation of taxation law as applied to transactions and activities may not coincide with the interpretation of the tax authorities. All tax-related filings are subject to government audit and potential reassessment subsequent to the financial statement reporting period. Where the final tax outcome of these matters is different from the amounts that were initially recorded, such differences will impact the tax related accruals and deferred income tax provisions in the year in which such determination is made. Significant estimates (i) Useful lives of property, plant and equipment Depreciation of data miners and equipment are an estimate of its expected life. In order to determine the useful life of computing equipment, assumptions are required about a range of computing industry market and economic factors, including required hashrates, technological changes, availability of hardware and other inputs, and production costs. (ii) Digital currency valuation Digital currencies consist of cryptocurrency denominated assets (note 3) and are included in current assets. Digital currencies are carried at their fair value determined by the spot rate less costs to sell. The digital currency market is still a new market and is highly volatile; historical prices are not necessarily indicative of future value; a significant change in the market prices for digital currencies would have a significant impact on the Company’s earnings and financial position. (iii) Impairment of goodwill Determining whether goodwill is impaired requires an estimation of the recoverable amount of the CGU. Such recoverable amount corresponds, for the purpose of impairment assessment, to the higher of the value in use or the fair value less costs of disposal of the CGU to which goodwill has been allocated. The value in use calculation requires management to estimate future cash flows expected to arise from the CGU and a suitable discount rate in order to calculate present value. The key assumptions required for the value in use estimation are described in note 8. For the value in use approach, the values assigned to key assumptions reflect past experience and external sources of information that are deemed accurate and reliable. The value in use is categorized as Level 3 in the fair value hierarchy described under IFRS 13, Fair Value Measurement, as one or more key assumption used is based on unobservable data requiring the use of judgment. (iv) Data miners valuation Impairment of data miners was estimated based on the recoverable amount of mining equipment based on current market prices and hash rate power per miner type. The recoverable amount represents the higher value between an asset’s fair value less costs to sell and its value in use. Hash rate power refers to the computational power of the mining equipment, which directly affects the mining efficiency and potential revenue generation. As the market prices for mining equipment and hash rate power can vary significantly over time, these factors are considered in estimating the recoverable amount of the assets. The current market prices for mining equipment are obtained from various sources, including manufacturers, distributors, and marketplaces for used equipment. Management reviews and compares these prices regularly to ensure the accuracy and relevance of the data.

Digital Currencies

Digital Currencies	12 Months Ended
	Dec. 31, 2022
Disclosure of Digital Currencies [Abstract]
Digital currencies	3. Digital currencies The Company’s holdings of digital currencies consist of the following: As at December 31, As at December 31, As at December 31, Bitcoin $ 1,842,177 $ 29,770,994 $ 4,508,042 Ethereum 958,480 3,720,992 - $ 2,800,657 $ 33,491,986 $ 4,508,042 The continuity of digital currencies was as follows: Number of Amount Number of Amount Total Balance, December 31, 2019 - - - - - Bitcoin mined 335 $ 3,553,362 - $ - $ - Bitcoin traded for cash (181 ) (1,792,071 ) - - - Gain on sale of bitcoin - 62,799 - - - Revaluation adjustment - 2,683,952 - - - Balance, December 31, 2020 154 $ 4,508,042 - $ - $ 4,508,042 Bitcoin mined(2) 519 24,952,344 - - 24,952,344 Received from sale of property, plant and equipment 24 1,347,977 63 204,318 1,552,295 Received from private placement 1 47,671 - - 47,671 Acquisition (disposal) of digital currencies (66 ) (3,347,790 ) 974 3,347,034 (756 ) Acquisition of property, plant and equipment - - (36 ) (163,942 ) (163,942 ) Gain on sale of digital currencies - 235,067 - 55,881 290,948 Revaluation adjustment (1) - 2,027,683 - 277,701 2,305,384 $ 29,770,99 $ 3,720,99 $ 33,491,98 Balance, December 31, 2021 632 4 1,001 2 6 Bitcoin mined for Digihost (2) 832 24,190,059 - - 24,190,059 Bitcoin remitted to Northern Data (2) (380 ) (10,836,179 ) - - (10,836,179 ) Received from sale of property, plant and equipment 9 345,658 - - 345,658 Acquisition of digital currencies 100 3,932,000 - - 3,932,000 Digital currencies paid for services (27 ) (739,024 ) - - (739,024 ) Digital currencies traded for cash (640 ) (15,747,279 ) (200 ) (269,001 ) (16,016,280 ) Digital currencies for loan repayment (415 ) (11,982,320 ) - - (11,982,320 ) Loss on sale of digital currencies - (11,574,330 ) - - (11,574,330 ) Revaluation adjustment (1) - (5,517,402 ) - (2,493,511 ) (8,010,913 ) Balance, December 31, 2022 111 $ 1,842,177 801 $ 958,480 $ 2,800,657 (1) Digital assets held are revalued each reporting period based on the fair market value of the price of Bitcoin and Ethereum on the reporting date. As at December 31, 2022, the prices of Bitcoin and Ethereum were $16,548 (2021 - $47,117, 2020 - $29,002) and $1,197 (2021 - $3,718, 2020 - $738), respectively resulting in total revaluation loss of $8,010,913. The Company recorded $3,706,624 of the loss in other comprehensive loss, net of taxes of $1,047,759, and the remaining loss of $3,256,530 was recorded on the statement of comprehensive income. (2) During the year ended December 31, 2021, the Company entered into a Miner Lease Agreement and a hosting services agreement with Northern Data, NY LLC, pursuant to which the parties have agreed to split a portion of the mining rewards received and energy costs incurred for the miners put in service pursuant to these agreements. As at December 31, 2022, the Company must remit 19 Bitcoin (2021 - 62 Bitcoin) with a value of $322,099 (2021 - $2,940,412, 2020 - $0) which is presented in the current liabilities.

Amounts Receivable and Prepaid

Amounts Receivable and Prepaid Expenses	12 Months Ended
	Dec. 31, 2022
Amounts Receivable And Prepaid Expenses [Abstract]
Amounts receivable and prepaid expenses	4. Amounts receivable and prepaid expenses As at December 31, As at December 31, As at December 31, 2022 2021 2020 Prepaid insurance and deposits $ 741,350 $ 709,575 $ - Receivable from Northern Data 492,825 911,200 - Other receivable - 187,529 161,919 $ 1,234,175 $ 1,808,304 $ 161,919

Property, Plant and Equipment

Property, Plant and Equipment	12 Months Ended
	Dec. 31, 2022
Property, Plant and Equipment [Abstract]
Property, plant and equipment	5. Property, plant and equipment Land Data miners Equipment and other Leasehold improvement Powerplant Powerplant Total Cost December 31, 2019 $ - $ - $ - $ - $ - $ - $ - Additions 3,558,280 2,760,000 1,040,000 7,358,280 Acquired from RTO - 2,244,509 - - - - - December 31, 2020 $ - $ 5,802,789 $ 2,760,000 $ 1,040,000 $ - $ - $ 9,602,789 Additions - 26,845,831 (1) 603,324 - 7,148,920 - 34,598,075 Disposal - (990,517 ) - - - - (990,517 ) December 31, 2021 - 31,658,103 3,363,324 1,040,000 7,148,920 - 43,210,347 Additions 1,007,010 - 7,669,386 39,542 7,037,100 - 15,753,038 Disposal - (1,253,992 ) - - - - (1,253,992 ) Transfer asset in use - - (439,381 ) - (3,218,685 ) 3,658,066 - December 31, 2022 $ 1,007,010 $ 30,404,111 $ 10,593,329 $ 1,079,542 $ 10,967,335 $ 3,658,066 $ 57,709,393 Accumulated depreciation December 31, 2020 $ - $ 2,538,211 $ 479,888 $ 87,056 $ - $ - $ 3,105,155 Depreciation - 2,272,602 577,000 104,000 - - 2,953,602 Disposal - (990,517 ) - - - - (990,517 ) December 31, 2021 - 3,820,296 1,056,888 191,056 - - 5,068,240 Depreciation - 8,815,246 591,329 105,208 - 1,016,129 10,527,912 Impairment - 1,556,000 - - - - 1,556,000 Disposal - (1,253,992 ) - - - - (1,253,992 ) December 31, 2022 $ - $ 12,937,550 $ 1,648,217 $ 296,264 $ - $ 1,016,129 $ 15,898,160 Net carrying value As at December 31, 2021 $ - $ 27,837,807 $ 2,306,436 $ 848,944 $ 7,148,920 $ - $ 38,142,107 As at December 31, 2022 $ 1,007,010 $ 17,466,561 $ 8,945,112 $ 783,278 $ 10,967,335 $ 2,641,937 $ 41,811,233 (1) Included in this total are 10,000 high performance Bitcoin miners sourced from Northern Data AG per a definitive purchase agreement entered into on May 12, 2021. The Company tested its data miners as at December 31, 2022. The recoverable amount of the data miners was determined based on the higher of the value in use and fair value less costs of disposal calculation, based on specific judgment and assumptions. The fair value less costs to sell determined the recoverable amount. As a result, the Company recorded an impairment charge over its data miners of $1,556,000. The impairment was based on an assessment of the performance of the data miners in relation to prevailing replacement costs and the downturn of the prices of the Company’s digital currencies.

Right-of-Use Assets

Right-of-Use Assets	12 Months Ended
	Dec. 31, 2022
Right-of-Use Assets [Abstract]
Right-of-Use Assets	6. Right-of-use assets As at December 31, As at December 31, As at December 31, 2022 2021 2020 Balance, beginning of period $ 2,078,599 $ 2,413,720 $ - Additions (2)(3) 602,172 - 2,588,107 Depreciation (142,324 ) (198,291 ) (174,387 ) Modification of lease (1) - (136,830 ) - Balance, end of period $ 2,538,447 $ 2,078,599 $ 2,413,720 (1) On December 31, 2021, the Company entered into a 99 year lease for the 1001 East Delavan facility in exchange for a one time prepayment of $2.3 million. This long-term lease is treated as a lease modification of the current lease. This right-of-use asset is depreciated over 40 years. The lease for this right-of-use assets has been modified because of the prepayment as the Company has acquired the premises under a long-term lease. (2) In April 2022, the Company entered into a lease for its head office for a term of 5 years. (3) On February 14, 2020, prior to the closing of the RTO Transaction, BIT Management, LLC, Nyam, LLC and BIT Mining International, LLC (collectively the “Sellers”, all companies controlled by the CEO of Digihost) sold to the Company leasehold improvements and equipment and transferred and assigned the lease of the 1001 East Delavan facility. As consideration, the transaction resulted in an increase in right of use assets and liabilities of $2,588,107. When measuring lease liability, the Company’s incremental borrowing rate applied was estimated to be 10% per annum.

Intangible Asset

Intangible Asset	12 Months Ended
	Dec. 31, 2022
Disclosure of Intangible Assets Text Block [Abstract]
Intangible Asset	7. Intangible asset Intangible asset relates to the right-of-use of an electric power facility. As at As at As at December 31, December 31, December 31, 2022 2021 2020 Balance, beginning of period $ 1,443,260 $ 1,572,500 $ - Addition at cost - - 1,680,000 Amortization (129,232 ) (129,240 ) (107,500 ) Balance, end of period $ 1,314,028 $ 1,443,260 $ 1,572,500

Goodwill

Goodwill	12 Months Ended
	Dec. 31, 2022
Goodwill [Abstract]
Goodwill	8. Goodwill As at December 31, As at December 31, As at December 31, Balance, beginning of period $ 1,346,904 $ 1,342,281 $ - RTO Transaction 1,289,906 Impairment (1,260,783 ) - - Foreign currency translation (86,121 ) 4,623 52,375 Balance, end of period $ - $ 1,346,904 $ 1,342,281 For the realization of its annual impairment test for 2022, management determined the recoverable amount as the value in use. The significant assumptions used in determining value in use are: ° Monthly Bitcoin price average growth rate of 2.2% ° Difficulty monthly growth rate of 2.8% ° Terminal annual growth rate of 2.5% ° Discount rate 20% - 22% An impairment of $1,260,783 was taken on goodwill. The assumptions used were based on the Company’s internal forecasts. The Company projected revenue, working capital, capital expenditures and expenses for a period of five years. The Company has also performed a sensitivity analysis on key assumptions which indicated that reasonable changes will not have a material impact. In 2021, management has determined the recoverable amount as the fair value less costs to sell. The fair value is derived from the market capitalization of the Company as December 31, 2021 and management determined that the fair value less cost of sales, was higher than the carrying value of the CGU. Following this analysis, management has determined that no impairment was necessary. For these tests, the Company allocates all of its goodwill to a single CGU, the Company as a whole, since this is the lowest level at which goodwill is monitored for internal purposes.

Promissory Note Receivable

Promissory Note Receivable	12 Months Ended
	Dec. 31, 2022
Promissory Note Receivable [Abstract]
Promissory note receivable	9. Promissory note receivable In December 2021, the Company entered into an agreement for a Secured Convertible Promissory Note (the “Note”) with principal of $800,000. The Note accrues interest at a rate of 6% per annum, with interest payments every calendar quarter. The Note is convertible at the Company’s option into Series C Preferred Stock of the issuer. If the Note is not converted into shares by the Company, all unpaid and accrued interest are due on Maturity Date of December 21, 2026. The Note is secured by the assets of the issuer.

Lease liabilities

Lease liabilities	12 Months Ended
	Dec. 31, 2022
Lease Liabilities [Abstract]
Lease liabilities	10. Lease liabilities The continuity of the lease liabilities are presented in the table below: As at December 31, As at December 31, As at December 31, Balance, beginning of period $ - $ 2,546,160 $ - Additions (2)(3) 602,172 - 2,588,107 Interest 41,299 236,680 216,434 Lease payments (96,000 ) (2,647,669 ) (258,381 ) Modification of lease (1) - (135,171 ) - Balance, end of period $ 547,471 $ - $ 2,546,160 Current portion $ 99,957 $ - $ 111,672 Non-current portion 447,514 - 2,434,488 Total lease liabilities $ 547,471 $ - $ 2,546,160 (1) On December 31, 2021, the Company entered into a 99-year lease for the 1001 East Delavan facility in exchange for a one-time prepayment of $2.3 million. This long-term lease is treated as a lease modification of the current lease. Refer to note 6. (2) In April 2022, the Company entered into a lease for its head office for a term of 5 years. When measuring lease liability, the Company’s incremental borrowing rate applied was estimated to be 10% per annum. (3) On February 14, 2020, prior to the closing of the RTO Transaction, BIT Management, LLC, Nyam, LLC and BIT Mining International, LLC (collectively the “Sellers”, all companies controlled by the CEO of Digihost) sold to the Company leasehold improvements and equipment and transferred and assigned the lease of the 1001 East Delavan facility. As consideration, the transaction resulted in an increase in right of use assets and liabilities of $2,588,107. When measuring lease liability, the Company’s incremental borrowing rate applied was estimated to be 10% per annum. Maturity analysis - contractual undiscounted cash flows As at December 31, 2022 Less than one year $ 146,880 One to five years 521,635 Total undiscounted lease obligations $ 668,515

Loans Payable

Loans Payable	12 Months Ended
	Dec. 31, 2022
Loans Payable [Abstract]
Loans payable	11. Loans payable As at December 31, As at December 31, As at 2022 2021 2020 Balance, beginning of the period $ - $ 2,543,083 $ - New loans (1) 10,000,000 1,432,000 2,543,083 Repayment of loans (10,000,000 ) (3,975,083 ) - Balance, end of the period $ - $ - $ 2,543,083 (1) On March 2, 2022, the Company announced the closing of a $10,000,000 committed, collateralized revolving credit facility with Securitize, Inc. (the “Loan Facility”). The Loan Facility had a one-year committed term and an interest rate of 7.5% per annum.

Mortgage payable

Mortgage payable	12 Months Ended
	Dec. 31, 2022
Mortgage payable [Abstract]
Mortgage payable	12. Mortgage payable In June 2022, the Company’s incremental borrowing rate applied was estimated to be 7% per annum. The mortgage does not bear interest, is repayable by monthly instalments of $44,500 and matures in September 2024. The mortgage is secured by the powerplant in progress with a net book value of $2,651,500. As at December 31, As at As at 2022 2021 2020 Balance, beginning of period $ - $ - $ - Additions 993,912 - - Interest 16,715 - - Payments (133,500 ) - - Balance, end of period $ 877,127 $ - $ - Current portion $ 488,062 $ - $ - Non-current portion 389,065 - - Total mortgage payable $ 877,127 $ - $ - Maturity analysis - contractual undiscounted cash flows As at December 31, 2022 Less than one year $ 534,000 One to five years 400,500 Total undiscounted mortgage obligations $ 934,500

Warrant liabilities

Warrant liabilities	12 Months Ended
	Dec. 31, 2022
Warrant liabilities [Abstract]
Warrant liabilities	13. Warrant liabilities Due to the characteristics of certain warrants, the fixed-for-fixed condition is not met. Therefore the Company records these warrants as financial liabilities measured at fair value upon initial recognition. At each subsequent reporting date, the warrants are re-measured at fair value and the change in fair value is recognized through profit or loss. Upon warrant exercise, the fair value previously recognized in warrant liabilities is transferred from warrant liabilities to share capital. The following table summarizes the changes in the warrant liabilities for the Company’s warrants for the period ending December 31, 2022, 2021 and 2020: Number of warrants Amount Balance, December, 2019 - - Issued 36,858 193,505 Expired (36,858 ) 193,505 Balance, December, 2020 - $ - Warrants issued 9,098,514 33,989,639 Revaluation of warrant liabilities - (1,551,013 ) Foreign currency translation - (495,261 ) Balance, December, 2021 9,098,514 $ 31,943,365 Warrants issued 3,029,748 7,007,643 Warrants cancelled (note 14(b)(ix)) (3,029,748 ) (5,887,840 ) Pre-funded warrants issued (note 14(b)(ix)) 300,000 927,463 Pre-funded warrants exercised (note 14(b)(ix)) (300,000 ) (927,463 ) Revaluation of warrant liabilities - (32,010,637 ) Foreign currency translation - (230,834 ) Balance, December 31, 2022 9,098,514 $ 821,697 The fair value of the Company’s warrants has been determined using the Black-Scholes pricing model and the following weighted average assumptions: Issued As at Issued As at Spot price (in CAD$) $ 3.78 $ 0.47 $ 6.04 $ 5.97 Risk-free interest rate 1.62 % 4.07 % 0.66 % 1.03 % Expected annual volatility 145 % 143 % 139 % 147 % Expected life (years) 3.50 2.01 3.43 2.72 Dividend nil nil nil nil The following table reflects the Company’s warrants outstanding and exercisable as at December 31, 2022: Expiry date Warrants outstanding and exercisable Weighted average exercise price (CAD$) March 16, 2024 1,872,659 9.42 June 18, 2024 2,083,334 5.97 April 9, 2025 2,112,773 7.11 September 9, 2025 3,029,748 6.25 9,098,514 7.04 The following table reflects the Company’s warrants outstanding and exercisable as at December 31, 2021: Expiry date Warrants outstanding and exercisable Weighted average exercise price (CAD$) March 16, 2024 3,121,099 9.42 June 18, 2024 2,083,334 5.97 April 9, 2025 3,894,081 7.11 9,098,514 7.64 The following table reflects the Company’s warrants outstanding and exercisable as at December 31, 2020: Expiry date Warrants exercisable Weighted August 14, 2021 36,858 5.25 36,858 5.25

Share capital

Share capital	12 Months Ended
	Dec. 31, 2022
Disclosure of Share Capital [Abstract]
Share capital	14. Share capital a) Authorized sha Unlimited subordinate voting shares without par value and conferring 1 vote per share. Unlimited proportionate voting shares without par value, conferring 200 votes per share, convertible at the holder’s option into subordinate voting shares on a basis of 200 subordinate voting shares for 1 proportionate voting shares. b) Subordinate voting shares and proportionate voting shares issued Year ended December 31, 2020 (i) In 2019, the Company closed a non-brokered private placement, for aggregate gross proceeds of $4,064,431 (CAD$5,395,338) from the sale of 1,827,304 common share subscription receipts at a price of CAD$2.88, with each common share subscription receipt exchangeable for one common share of Digihost, and 36,858 unit subscription receipts at a price of CAD$3.60 per unit subscription receipt, with each unit subscription receipt exchangeable for one unit. Each unit consisted of one subordinate voting share and one subordinate voting share purchase warrant of Digihost. Each warrant entitles the holder thereof to acquire one subordinate voting share at a price of CAD$5.25 with expiry date August 14, 2021. The proceeds were received prior to December 31, 2020 and were recorded as subscription liability. In February 2020, prior to the closing of the RTO transaction, the subscription receipts were exchanged for 1,864,162 common shares of Digihost and then exchanged for 1,864,162 subordinate voting shares of the Company. The grant date fair value of the 36,858 warrants was estimated as $20,000. In addition, immediately prior to completion of the RTO Transaction, the Company exchanged 666,666 subordinate voting shares of Digihost owned by the CEO and director of Digihost for 3,333 proportionate voting shares. (ii) On February 14, 2020, prior to the closing of the RTO Transaction, BIT Management, LLC, Nyam, LLC and BIT Mining International, LLC (collectively the “Sellers”, all companies controlled by the CEO of Digihost) sold to the Company leasehold improvements and equipment and transferred and assigned the lease of the 1001 East Delavan facility. As consideration, Digihost issued 164,000 common shares. These transactions resulted in increases in equipment of $2,760,000, leasehold improvements of $1,040,000, intangible assets of $1,680,000 and right of use assets and lease liabilities of $2,588,107 for a total of $5,480,000 recorded in share capital. (iii) On February 14, 2020, the Company cancelled the 20 founder shares of Old Digihost. (iv) On February 14, 2020, there was a RTO Transaction between Old Digihost and HashChain. In connection with completion of the RTO Transaction, HashChain acquired all the issued and outstanding shares of Old Digihost in exchange for 9,940,000 subordinate voting shares of the Company. In substance, the transaction involves Old Digihost shareholders obtaining control of the Company; accordingly, the transaction is considered to be a reverse acquisition transaction under which Old Digihost is identified as the accounting acquirer. The common shares issued were valued based on the HashChain closing price of CAD$0.60 on the TSXV on February 14, 2020 (Fair value of 6,530,560 subordinate voting shares of HashChain $2,957,458) (v) On February 14, 2020, the Company issued 43,537 subordinate voting shares as settlement of payables of $59,149. (vi) On December 7, 2020, the Company announced that it has received approval to undertake, at the Company’s discretion, a normal course issuer bid program to purchase up to 667,894 of its subordinate voting shares for cancellation (the “Bid”). The Company received acceptance from the TSXV to commence the Bid on December 10, 2020. The Bid was terminated on December 10, 2021. As at December 31, 2021, the Company repurchased and cancelled 164,533 subordinate voting shares for a total repurchase price of $600,865. (vii) On February 9, 2021, the Company issued 66,667 subordinate voting shares to settle a debt of $40,000 with two third-party creditors. (viii) On January 8, 2021, the Company closed a non-brokered private placement for 116,625 subordinate voting shares for CAD$2.43 for gross proceeds of $220,551 (CAD$283,400). (ix) On February 18, 2021, the Company closed a non-brokered private placement financing for 1,646,090 subordinate voting shares for CAD$2.43 for gross proceeds of $3,124,018 (CAD$4,000,000). In connection with the private placement, the Company will pay a commission of 49,383 shares to third-party advisors. (x) On March 16, 2021, the Company closed a non-brokered private placement financing for 3,121,099 units for CAD$8.01 per unit for gross proceeds of $19,985,611 (CAD$25 million). 3,121,099 subordinate voting shares of the Company and warrants to purchase 3,121,099 subordinate voting shares were issued. The warrants have an exercise price of CAD$9.42 per subordinate voting share and exercise period of three years from the issuance date. A fair value of $14,214,397 was assigned to the warrants. H.C. Wainwright & Co., LLC acted as the exclusive placement agent and received cash commission and expenses totaling $1,978,303 and 249,688 non-transferable broker warrants. Each broker warrant entitles the holder to purchase one subordinate voting share at an exercise price of CAD$10.01 at any time for a period of three years from the issuance date. The broker warrants were assigned a fair value of $1,124,704 for total issuance costs of $3,103,007 of which $2,197,403 is recorded in net loss as the cost of issuance of the warrants classified as liabilities. The grant date fair value of $1,124,704 for the 249,688 broker warrants was determined using the Black-Scholes pricing model and the following assumptions and inputs: share price of CAD$7.71; exercise price of CAD$10.01; expected dividend yield of 0%; expected volatility of 235% which is based on comparable companies; risk-free interest rate of 0.53%; and an expected average life of three years. (xi) On April 9, 2021, the Company closed a non-brokered private placement financing for 3,894,081 units for CAD$6.42 per unit for gross proceeds of $19,748,795 (CAD$25 million). 3,894,081 subordinate voting shares of the Company and warrants to purchase 3,894,081 subordinate voting shares were issued. The warrants have an exercise price of CAD$7.11 per subordinate voting share and exercise period of four years from the issuance date. A fair value of $14,205,769 was assigned to the warrants. H.C. Wainwright & Co., LLC acted as the exclusive placement agent and received cash commission and expenses totaling $1,695,460 and 311,526 non-transferable broker warrants. Each broker warrant entitles the holder to purchase one subordinate voting share at an exercise price of CAD$8.025 at any time for a period of four years from the issuance date. The broker warrants were assigned a fair value of $1,121,763 for total issuance costs of $2,817,223 of which $2,008,069 is recorded in net loss as the cost of issuance of the warrants classified as liabilities. The fair value of $1,121,763 was estimated using the following assumptions and inputs: share price of CAD$5.49; exercise price of CAD$8.025; expected dividend yield of 0%; expected volatility of 143% which is based on comparable companies; risk-free interest rate of 0.77%; and an expected average life of four years. (xii) On June 18, 2021, the Company closed a non-brokered private placement financing for 2,777,779 units for CAD$5.40 per unit for gross proceeds of $12,025,016 (CAD$15 million). 2,777,779 subordinate voting shares of the Company and warrants to purchase 2,083,334 subordinate voting shares were issued. The warrants have an exercise price of CAD$5.97 per subordinate voting share and exercise period of three years from the issuance date. A fair value of $5,569,473 was assigned to the warrants. H.C. Wainwright & Co., LLC acted as the exclusive placement agent and received cash commission and expenses totaling $1,164,466 and 222,222 non-transferable broker warrants. Each broker warrant entitles the holder to purchase one subordinate voting share at an exercise price of CAD$6.75 at any time for a period of three years from the issuance date. The broker warrants were assigned a fair value of $581,060 for total issuance costs of $1,664,562 of which $767,579 is recorded in net loss as the cost of issuance of the warrants classified as liabilities. The fair value of $581,060 was estimated using the following assumptions and inputs: share price of CAD$4.56; exercise price of CAD$6.75; expected dividend yield of 0%; expected volatility of 136% which is based on comparable companies; risk-free interest rate of 0.63%; and an expected average life of three years. (xiii) On November 30, 2021, the Company issued 16,136 subordinate voting shares (valued at $40,000) to settle a debt of $40,000 with a third-party creditor. Year ended December 31, 2022 (xiv) On March 9, 2022, the Company closed a private placement with a single institutional investor, for (a) 2,729,748 subordinate voting shares at a purchase price of CAD$4.40 per subordinate voting share and associated warrant, (b) 300,000 pre-funded warrants (“Pre-Funded Warrants”) at an exercise price of $0.0001 per subordinate voting shares, at an offering price of CAD$4.3999 per Pre-Funded Warrant and associated warrant and (iii) 3,029,748 common share purchase warrants (the “Warrants”) for aggregate gross cash proceeds of $10,424,453 (CAD$13,330,861) and the cancellation of warrants. The Warrants have an exercise price of CAD$6.25 per share and exercise period of three and one-half years from the issuance date. A fair value of $7,007,643 was assigned to the warrants. The Pre-Funded Warrants were assigned a fair value of $1,022,915 based on the cash received and are accounted for as financial liabilities at amortized cost. The Pre-Funded Warrants were exercised in September 2022, the financial liability together with the cash received of $30 and initial issuance costs was then accounted as an increase in share capital of $927,463. In connection with the private placement, the investor has agreed to cancel existing warrants to purchase 1,248,440 common subordinate voting shares of the Company at an exercise price of CAD$9.42 per share issued in March 16, 2021, expiring on March 16, 2024, and the existing warrants to purchase 1,781,308 common subordinate voting shares of the Company at an exercise price of CAD$7.11 issued in April 9, 2021, expiring on April 9, 2025. The cancellation was considered as part of the proceeds of the above mentioned private placement and was accounted for as an increase in share capital of $5,887,616 for total proceeds from the private placement of $15,255,979. H.C. Wainwright & Co., LLC acted as the exclusive placement agent and received cash commission and expenses totaling $1,080,584 and 242,380 non-transferable broker warrants. Each broker warrant entitles the holder to purchase one subordinate voting share at an exercise price of CAD$6.25 at any time for a period of three and one-half years from the issuance date. The broker warrants were assigned a fair value of $535,009 for total issuance costs of $1,615,593 of which $695,170 is recorded in net income as the cost of issuance of the warrants classified as liabilities and $102,138 in reduction of the Pre-Funded Warrants. The grant date fair value of $535,009 for the 242,380 broker warrants was determined using the Black-Scholes pricing model and the following assumptions and inputs: share price of CAD$3.78; exercise price of CAD$6.25; expected dividend yield of 0%; expected volatility of 136% which is based on comparable companies; risk-free interest rate of 1.62%; and an expected average life of three and one-half years. (xv) During May 2022, the Company received approval to undertake, at the Company’s discretion, a normal course issuer bid program to purchase up to 1,219,762 of its subordinate voting shares for cancellation. As at December 31, 2022, the Company repurchased 165,200 subordinate voting shares for a total repurchase price of $255,525. (xvi) On November 1, 2022, the Company issued 19,391 subordinate voting shares (valued at $13,816) to settle a debt of $92,825 with a creditor.

Warrants

Warrants	12 Months Ended
	Dec. 31, 2022
Disclosure of Warrants [Abstract]
Warrants	15. Warrants Number of Warrants Weighted Average Exercise Price (CAD$) Balance, December 31, 2019 - - Issued 36,858 5.25 Balance, December 31, 2020 36,858 5.25 Issued (note 14(b)(v)(vi)(vii)) 783,436 8.30 Expired (36,858 ) 5.25 Balance, December 31, 2021 783,436 8.30 Issued (note 14(b)(ix)) 242,380 6.25 Balance, December 31, 2022 1,025,816 7.81 The following table reflects the warrants issued and outstanding as of December 31, 2022: Number of Exercise Price Weighted Expiry Date 249,688 10.01 1.21 March 16, 2024 (1) 222,222 6.75 1.47 June 18, 2024 (1) 311,526 8.025 2.27 April 9, 2025 (1) 242,380 6.25 2.69 September 9, 2025 (1) 1,025,816 7.81 1.94 The following table reflects the warrants issued and outstanding as of December 31, 2021: Number of Exercise Price Weighted Expiry Date 249,688 10.01 2.21 March 16, 2024 (1) 222,222 6.75 2.47 June 18, 2024 (1) 311,526 8.025 3.27 April 9, 2025 (1) 783,436 8.30 2.71 The following table reflects the warrants issued and outstanding as of December 31, 2020: Number of Exercise Price Weighted Expiry Date 36,858 5.25 0.87 August 14, 2021 36,858 5.25 0.87 (1) Broker warrants.

Options and restricted share un

Options and restricted share units	12 Months Ended
	Dec. 31, 2022
Options and restricted share units [Abstract]
Options and restricted share units	16. Options and restricted share units (a) Options The Company has a stock option plan whereby the maximum number of shares subject to the plan, in the aggregate, shall not exceed 10% of the Company’s issued and outstanding shares. The exercise price shall be no less than the discount market price as determined in accordance with TSXV policies. The following table reflects the continuity of stock options for the periods presented below: Number of Stock Options Weighted Average Exercise Price (CAD$) Balance, December 31, 2019 - - Granted 625,000 2.88 Balance, December 31, 2020 625,000 2.88 Granted (i)(ii)(iii)(iv)(v) 1,823,497 6.03 Exercised (1) (75,000 ) 3.17 Expired / cancelled (28,332 ) 6.09 Balance, December 31, 2021 2,345,165 5.28 Expired / cancelled (1,153,331 ) 5.46 Balance, December 31, 2022 1,191,834 5.11 (1) The market price on the date of exercise was CAD$8.88. (i) On January 5, 2021, the Company granted stock options to directors, officers, employees and consultants of the Company to acquire an aggregate of 550,164 subordinate voting shares. Each stock option is exercisable into a subordinate voting share at a price of CAD$3.75 and expire on January 5, 2026. The stock options vest fully on the six-month anniversary of the date of grant. A value of CAD$2.76 per option was estimated for the 550,164 stock options on the date of grant with the following assumptions and inputs: share price of CAD$3.03; exercise price of CAD$3.75; expected dividend yield of 0%; expected volatility of 155% which is based on comparable companies; risk-free interest rate of 0.39%; and an expected average life of five years. (ii) On February 24, 2021, the Company granted stock options to consultants of the Company to acquire an aggregate of 50,000 subordinate voting shares. Each stock option is exercisable into a subordinate voting share at a price of CAD$13.92 and expire on February 24, 2026. The stock options vested immediately. A value of CAD$12.78 per option was estimated for the 50,000 stock options on the date of grant with the following assumptions and inputs: share price of CAD$13.92; exercise price of CAD$13.92; expected dividend yield of 0%; expected volatility of 155% which is based on comparable companies; risk-free interest rate of 0.73%; and an expected average life of five years. (iii) A value of CAD$6.87 per option was estimated for the 533,333 stock options on the date of grant with the following assumptions and inputs: share price of CAD$7.47; exercise price of CAD$7.47; expected dividend yield of 0%; expected volatility of 155% which is based on comparable companies; risk-free interest rate of 0.90%; and an expected average life of five years. (iv) On May 17, 2021, the Company granted stock options to directors, officers, employees and consultants of the Company to acquire an aggregate of 430,000 subordinate voting shares. Each stock option is exercisable into a subordinate voting share at a price of CAD$7.35 and expire on May 17, 2026. The stock options vest fully on the six-month anniversary of the date of grant. A value of CAD$6.09 per option was estimated for the 430,000 stock options on the date of grant with the following assumptions and inputs: share price of CAD$7.86; exercise price of CAD$7.35; expected dividend yield of 0%; expected volatility of 105% which is based on comparable companies; risk-free interest rate of 0.95%; and an expected average life of five years. (v) On June 22, 2021, the Company granted stock options to directors, officers, employees and consultants of the Company to acquire an aggregate of 260,000 subordinate voting shares. Each stock option is exercisable into a subordinate voting share at a price of CAD$4.20 and expire on June 22, 2026. The stock options vest fully on the six-month anniversary of the date of grant. A value of CAD$3.06 per option was estimated for the 260,000 stock options on the date of grant with the following assumptions and inputs: share price of CAD$4.02; exercise price of CAD$4.20; expected dividend yield of 0%; expected volatility of 105% which is based on comparable companies; risk-free interest rate of 0.95%; and an expected average life of five years. The underlying expected volatility of all option grants was determined by reference to historical data of comparable companies share price over the expected stock option life. For the year ended December 31, 2022, the Company recorded share based compensation expense for these stock options of $ nil The following table reflects the stock options issued and outstanding as of December 31, 2022: Expiry Date Exercise Price (CAD$) Weighted Average Remaining Contractual Life (years) Number of Options Outstanding Number of Options Number of Options Unvested February 14, 2025 2.88 2.13 408,334 408,334 - January 5, 2026 3.75 3.02 258,498 258,498 - February 24, 2026 13.92 3.16 50,000 50,000 - March 25, 2026 7.47 3.23 233,334 233,334 - May 17, 2026 7.35 3.38 155,000 155,000 - June 22, 2026 4.20 3.48 86,668 86,668 - 5.11 2.84 1,191,834 1,191,834 - The following table reflects the stock options issued and outstanding as of December 31, 2021: Expiry Date Exercise Price (CAD$) Weighted Average Remaining Contractual Life (years) Number of Options Outstanding Number of Options Number of Options Unvested February 14, 2025 2.88 3.13 575,000 575,000 - January 5, 2026 3.75 4.02 525,164 525,164 - February 24, 2026 13.92 4.15 50,000 50,000 - March 25, 2026 7.47 4.23 525,000 525,000 - May 17, 2026 7.35 4.38 421,667 421,667 - June 22, 2026 4.20 4.48 248,334 248,334 - 5.28 4.96 2,345,165 2,345,165 - The following table reflects the stock options issued and outstanding as of December 31, 2020: Expiry Date Exercise Weighted Number of Number of Number of February 14, 2025 0.96 4.38 625,000 625,000 - 0.96 4.38 625,000 625,000 - The Company has an RSU plan whereby there is a fixed cap of shares that can be granted under the plan. The exercise price shall be no less than the discount market price as determined in accordance with TSXV policies. (b) Share units The following table reflects the continuity of RSUs for the periods ended December 31, 2022, 2021 and 2020: Number of RSUs Balance, December 31, 2020 and December 31, 2021 - Granted 1,449,250 Cancelled (10,000 ) Balance, December 31, 2022 1,439,250 During the year ended December 31, 2022, the Company granted 1,449,250 RSUs to officers, directors, employees and advisors. These RSUs vest third on each of the first, second and third anniversaries of the date of grant. The grant date fair value of the RSUs was $5,725,262. For the year ended December 31, 2022, the Company recorded share-based compensation expense for these RSUs of $3,296,238 (year ended December 31, 2021 - $ nil nil

Income (loss) per share

Income (loss) per share	12 Months Ended
	Dec. 31, 2022
Disclosure of Income (loss) per share [Abstract]
Income (loss) per share	17. Income (loss) per share Year Ended December 31, 2022 2021 2020 Net income (loss) for the year $ 4,329,342 $ (3,132,693 ) $ (5,190,713 ) Net income (loss) per share - basic $ 0.16 $ (0.14 ) $ (0.44 ) Net income (loss) per share - diluted $ 0.16 $ (0.14 ) $ (0.44 ) Weighted average number of shares outstanding - basic 27,227,284 21,781,806 11,715,524 Weighted average number of shares outstanding - diluted 27,227,284 21,781,806 11,715,524 (i) Diluted income per share does not include the effect of warrants and stock options as they are anti-dilutive.

Related Party Transactions

Related Party Transactions	12 Months Ended
	Dec. 31, 2022
Disclosure of Related Party Transactions [Abstract]
Related party transactions	18. Related party transactions Parties are considered to be related if one party has the ability, directly or indirectly, to control the other party or exercise significant influence over the other party in making financial and operating decisions. Parties are also considered to be related if they are subject to common control. Related parties include key management personnel and may be individuals or corporate entities. A transaction is considered to be a related party transaction when there is a transfer of resources or obligations between related parties. Related party transactions are recorded at the exchange amount, being the amount agreed to between the related parties. Key management personnel are those persons having authority and responsibility for planning, directing and controlling the activities of the Company, directly or indirectly. Key management personnel include the Company’s executive officers and members of the Board of Directors. Remuneration of key management personnel of the Company was as follows: Year Ended December 31, 2022 2021 2020 Professional fees (1) $ 307,534 $ 91,249 $ 40,491 Salaries (1) 833,717 144,231 - Share based compensation (2) 3,092,012 6,016,173 1,047,943 $ 4,233,263 $ 6,251,653 $ 1,088,434 (1) Represents the professional fees and salaries paid to officers and directors. (2) Represents the share based compensation for officers and directors.

Cash flow supplemental informat

Cash flow supplemental information	12 Months Ended
	Dec. 31, 2022
Cash flow supplemental information [Abstract]
Cash flow supplemental information	19. Cash flow supplemental information Year Ended December 31, 2022 2021 2020 Digital currencies items Digital currencies mined $ (24,190,060 ) $ (24,952,344 ) $ (3,553,362 ) Acquisition of digital currencies (3,932,000 ) - - Miner lease and hosting 9,768,179 3,469,287 - Loss on digital currency option calls 1,950,000 - - Services paid in digital currencies 739,024 - - Loss (gain) on sale of digital currencies 11,574,330 (290,948 ) (62,799 ) Interest paid in digital currencies 216,329 - - Digital currencies traded for cash 16,016,280 - - Loss on revaluation of digital currencies 3,386,890 - - $ 15,528,972 $ (21,774,005 ) $ (3,616,161 ) Working capital items Amounts receivable and prepaid expenses $ 574,129 $ (1,604,703 ) (275,294 ) Accounts payable and accrued liabilities 72,325 842,584 761,560 Income tax payable (550,000 ) - - Deposit payable (1,277,500 ) 1,788,500 - $ (1,181,046 ) $ 1,026,381 $ 486,266

Additional information on the n

Additional information on the nature of comprehensive income (loss) components	12 Months Ended
	Dec. 31, 2022
Additional information on the nature of comprehensive income (loss) components [Abstract]
Additional information on the nature of comprehensive income (loss) components	20. Additional information on the nature of comprehensive income (loss) components Year Ended December 31, 2022 2021 2020 Expenses for employee benefits Operating and maintenance costs $ 444,400 $ 528,658 $ 182,628 Professional fees 307,534 91,249 40,491 Share based compensation 3,296,238 7,804,271 1,247,551 $ 4,048,172 $ 8,424,178 $ 1,460,670 Net financial expenses Interest on loans $ 238,204 $ 96,134 $ 41,992 Interest on lease liabilities 16,074 236,680 216,435 $ 254,278 $ 332,814 $ 258,427

Segmented Reporting

Segmented Reporting	12 Months Ended
	Dec. 31, 2022
Segmented Reporting [Abstract]
Segmented reporting	21. Segmented reporting The Company has one operating segment being cryptocurrency mining located in the United States. The operations of the Company are located in two geographic locations, Canada and the United States. Geographic segmentation is as follows: As at December 31, 2022 Canada United States Total Current assets $ 29,372 $ 6,100,481 $ 6,129,853 Non-current assets - 46,469,708 46,469,708 Total assets $ 29,372 $ 52,570,189 $ 52,599,561 As at December 31, 2021 Canada United States Total Current assets $ 179,396 $ 36,036,609 $ 36,216,005 Non-current assets 1,346,904 42,463,966 43,810,870 Total assets $ 1,526,300 $ 78,500,575 $ 80,026,875 As at December 31, 2020 Canada United States Total Current assets $ - $ 4,693,466 $ 4,693,466 Non-current assets 1,342,281 10,483,854 11,826,135 Total assets $ 1,342,281 $ 15,177,320 $ 16,519,601

Capital Management

Capital Management	12 Months Ended
	Dec. 31, 2022
Capital Management [Abstract]
Capital management	22. Capital management The Company manages its capital to maintain its ability to continue as a going concern and to provide returns to shareholders and benefits to other stakeholders. The capital structure of the Company consists of equity comprised of issued share capital, reserves and loans payable. The Company manages its capital structure and makes adjustments to it in light of economic conditions. The Company, upon approval from its Board of Directors, will balance its overall capital structure through new share issuances or by undertaking other activities as deemed appropriate under the specific circumstances. The Company is not subject to externally imposed capital requirements and the Company’s overall strategy with respect to capital risk management remains unchanged from the year ended December 31, 2020.

Financial instruments and risk

Financial instruments and risk management	12 Months Ended
	Dec. 31, 2022
Financial instruments and risk management [Abstract]
Financial instruments and risk management	23. Financial instruments and risk management Fair value The fair value of the Company’s financial instruments, including cash, amounts receivable, accounts payable and accrued liabilities, mortgage payable and deposit payable approximates their carrying value due to their short-term nature. Mortgage payable and deposit payable are due to arm’s length third parties, the fair values of these payables are measured using relevant market input (Level 3). The fair values of mortgage payable and deposit payable was calculated using actualized cash flows using market rates in effect at the balance sheet date. Reasonable changes to key assumptions would not have a significant impact. Promissory note receivable is due from an arm’s length third party, the fair value of this note are measured using relevant market input (Level 3). Digital currencies and amount owing to Northern Data are measured at fair value using the quoted price on CoinMarketCap (Level 2). Warrant liabilities are measured at fair value using the Black-Scholes pricing model (Level 2) (see note 13). Risks Credit risk Credit risk is the risk that one party to a financial instrument will fail to discharge an obligation and cause the other party to incur a financial loss. The Company’s primary exposure to credit risk is on its cash, amounts receivable and promissory note receivable. The cash is deposited in a bank account held with one major bank in the United States so there is a concentration of credit risk. This risk is managed by using a major bank that is a high credit quality financial institution as determined by rating agencies. The Company believes no impairment is necessary in respect of amounts receivable and promissory note receivable as balances are monitored on a regular basis with the result that exposure to bad debt is insignificant. Liquidity risk Liquidity risk is the risk that the Company will not be able to meet its financial obligations as they fall due. The Company manages liquidity risk by maintaining cash balances to ensure that it is able to meet its short term and long-term obligations as and when they fall due. The Company manages cash projections and regularly updates projections for changes in business and fluctuations cause in digital currency prices and exchange rates. The following table summarizes the expected maturity of the Corporation’s significant financial liabilities and other liabilities based on the remaining period from the balance sheet date to the contractual maturity date: As at December 31, 2022 Payments by period Less than More than Carrying 1 year 1-3 years 4-5 years 5 years Total Value Accounts payable and accrued liabilities $ 2,345,175 $ - $ - $ - $ 2,345,175 $ 2,345,175 Amount owing to Northern Data 322,099 - - - 322,099 322,099 Deposit payable - 511,000 - - 511,000 511,000 Lease liabilities 146,880 307,111 214,524 - 668,515 668,515 Mortgage payable 534,000 400,500 - - 934,500 934,500 $ 3,348,154 $ 1,218,611 $ 214,524 $ - $ 4,781,289 $ 4,781,289 As at December 31, 2021 Payments by period Less than More than Carrying 1 year 1-3 years 4-5 years 5 years Total Value Accounts payable and accrued liabilities $ 2,272,850 $ - $ - $ - $ 2,272,850 $ 2,272,850 Amount owing to Northern Data 2,940,412 - - - 2,940,412 2,940,412 Deposit payable - 1,788,500 - - 1,788,500 1,788,500 $ 5,213,262 $ 1,788,500 $ - $ - $ 7,001,762 $ 7,001,762 As at December 31, 2020 Payments by period Less than More than Carrying 1 year 1-3 years 4-5 years 5 years Total Value Accounts payable and accrued liabilities $ 920,914 $ 920,914 $ 920,914 Loan payable 2,146,231 570,933 $ - $ - 2,717,164 2,543,083 $ 3,067,145 $ 570,933 $ - $ - $ 3,638,078 $ 3,463,997 Foreign currency risk Currency risk relates to the risk that the fair values or future cash flows of the Company’s financial instruments will fluctuate because of changes in foreign exchange rates. Exchange rate fluctuations affect the costs that the Company incurs in its operations. The Company’s functional and presentation currency is the U.S. dollar. As the Company operates in an international environment, some of the Company’s financial instruments and transactions are denominated in currencies other than an entity’s functional currency. The fluctuation of the Canadian dollar in relation to the U.S. dollar will consequently impact the profitability of the Company and may also affect the value of the Company’s assets and liabilities and the amount of shareholders’ equity. As at December 31, 2022, 2021 and 2020, the foreign currency risk was considered minimal. Digital currency risk Digital currency prices are affected by various forces including global supply and demand, interest rates, exchange rates, inflation or deflation and the global political and economic conditions. The profitability of the Company is directly related to the current and future market price of digital currencies; in addition, the Company may not be able liquidate its holdings of digital currencies at its desired price if required. A decline in the market prices for digital currencies could negatively impact the Company’s future operations. The Company has not hedged the conversion of any of its sales of digital currencies. Digital currencies have a limited history and the fair value historically has been very volatile. Historical performance of digital currencies is not indicative of their future price performance. The Company’s digital currencies currently consist of Bitcoin and Ethereum. At December 31, 2022, had the market price of the Company’s holdings of Bitcoin and Ethereum increased or decreased by 10% with all other variables held constant, the corresponding asset value increase or decrease respectively would amount to $280,066 (2021 - $3,055,157, 2020 - $450,804).

Income taxes

Income taxes	12 Months Ended
	Dec. 31, 2022
Income taxes [Abstract]
Income taxes	24. Income taxes (a) Provision for income taxes Year Ended December 31, 2022 2021 2020 (Restated) Income before income taxes $ 2,791,875 $ (832,074 ) $ (5,826,526 ) Combined statutory income tax rate 26.14 % 27.00 % 27.00 % Income tax benefit at the statutory tax rate 729,657 (224,660 ) (1,573,162 ) Non-deductible expenses 15,626 273,784 119,543 Revaluation of warrant liabilities (8,365,980 ) (418,774 ) - Foreign exchange gain (593,325 ) - - Share based compensation - 1,304,058 336,839 Tax asset recognized (71,801 ) Impairment of goodwill 329,506 - - Effect of lower tax rate of subsidiary - (103,388 ) - Temporary difference unrecognized - - 532,589 Other 59,931 126,874 1,497 Change in unrecognized deferred tax asset 6,287,118 1,342,725 18,682 Deferred Income tax (recovery) provision $ (1,537,467 ) $ 2,300,619 $ (635,813 ) Current income taxes in the income statement $ - $ 127,340 $ - Composition of deferred income taxes in the income statement Inception and reversal of temporary differences $ (7,824,585 ) $ 2,089,839 $ (1,168,402 ) Prior period adjustment - 83,440 Change in unrecognized deferred tax asset 6,287,118 - 532,589 Deferred Income tax (recovery) provision $ (1,537,467 ) $ 2,173,279 $ (635,813 ) Total income tax expense (recovery) for the year $ (1,537,467 ) $ 2,300,619 $ (635,813 ) (b) Deferred income tax Movement of deferred income tax in 2022 January 1, Profit or Other December 31, 2022 loss Income Equity 2022 Property, plant and equipment $ (1,781,767 ) $ (3,249,116 ) $ - $ - $ (5,030,883 ) Right of use assets (543,242 ) (120,181 ) - - (663,423 ) Digital currencies (1,047,759 ) 1,186,091 1,047,758 - 1,186,090 Lease liabilities - 143,082 - - 143,082 Stock based compensation 709,474 (638,992 ) - (70,482 ) - Non-capital losses 148,551 4,216,583 - - 4,365,134 Non-capital losses - Canada - 593,325 - - 593,325 Unrealized foreign exchange gain - Canada - (593,325 ) - - (593,325 ) Total $ (2,514,743 ) $ 1,537,467 $ 1,047,758 $ (70,482 ) $ - Movement of deferred income tax in 2021 January 1, Profit or Other December 31, 2021 loss Income Equity 2021 Property, plant and equipment $ (755,431 ) $ (1,026,336 ) $ - $ - $ (1,781,767 ) Right of use assets (630,826 ) 87,584 - - (543,242 ) Digital currencies (701,451 ) - (346,308 ) - (1,047,759 ) Lease liabilities 665,439 (665,439 ) - - - Stock based compensation - 637,673 - 71,801 709,474 Non-capital losses 1,356,631 (1,208,080 ) - - 148,551 Total $ (65,638 ) $ (2,174,598 ) $ (346,308 ) $ 71,801 $ (2,514,743 ) January 1, Profit or Other December 31, 2021 loss Income Equity 2021 Property, plant and equipment - $ (755,431 ) $ - $ - $ (755,431 ) Right of use assets - (630,826 ) - - (630,826 ) Digital currencies - - (701,451 ) - (701,451 ) Lease liabilities - 665,439 - - 665,439 Non-capital losses - 1,356,631 - - 1,356,631 Total 635,813 (701,451 ) (65,638 ) As at December 31, 2022, 2021 and 2020, deductible timing differences available for which the Company has not recognized deferred tax asset are as follows: As at As at As at December 31, December 31, December 31, 2022 2021 2020 Share issue costs $ 6,042,213 $ 529,320 $ 758,041 Stock based compensation 4,307,117 - - Property, plant and equipment - - 26,402,452 Non-capital losses - USA 21,425,219 - - Non-capital losses - Canada 1,929,162 2,359,944 557,042 $ 33,703,711 $ 2,889,264 $ 27,717,535 The ability to realize the tax benefits is dependent upon a number of factors, including the future profitability of operations. Deferred tax assets are recognized only to the extent that it is probable that sufficient taxable profits will be available to allow the asset to be recovered. The Canadian non-capital losses for which no deferred tax asset was recognized expire in 2041 and 2042. The non-capital losses available in the United States have no expiry date.

Restatement

Restatement	12 Months Ended
	Dec. 31, 2022
Restatement [Abstract]
Restatement	25. Restatement During the external audit of the Company’s financial statements for the year ended December 31, 2022, the Company identified that due to the characteristics of certain warrants, the fixed-for-fixed condition was not met. Therefore, the Company has to record these warrants as financial liabilities measured at fair value upon initial recognition. At each subsequent reporting date, the warrants are re-measured at fair value and the change in fair value is recognized through profit or loss. The impact of the restatement on the consolidated statement of financial position as at December 31, 2021 is as follows: As reported Adjustment Restated LIABILITIES AND SHAREHOLDERS’ EQUITY Warrant liabilities $ - $ 31,943,365 $ 31,943,365 Total liabilities - 31,943,365 31,943,365 Shareholders’ equity Share capital 54,863,819 (23,440,724 ) 31,423,095 Contributed surplus 17,358,982 (5,514,401 ) 11,844,581 Cumulative translation adjustment (266,730 ) 433,798 167,068 Digital currency revaluation reserve 3,706,624 - 3,706,624 Deficit (5,457,926 ) (3,422,038 ) (8,879,964 ) Total shareholders’ equity $ 70,204,769 $ (31,943,365 ) $ 38,261,404 The impact of the restatement on the consolidated statement of comprehensive income for the year December 31, 2021 is as follows: As reported Adjustment Restated Operating income $ 2,922,778 $ - $ 2,922,778 Revaluation of warrant liabilities - 1,551,013 1,551,013 Share issuance costs - (4,973,051 ) (4,973,051 ) Net income (loss) before income taxes 2,589,964 (3,422,038 ) (832,074 ) Net income (loss) for the year 289,345 (3,422,038 ) (3,132,693 ) Other comprehensive income (loss) Items that will be reclassified to net income Foreign currency translation adjustment (384,892 ) 433,798 48,906 Items that will not be reclassified to net income Revaluation of digital currencies, net of tax 1,724,123 - 1,724,123 Total comprehensive income (loss) for the year $ 1,628,576 $ (2,988,240 ) $ (1,359,664 )

Subsequent Events

Subsequent Events	12 Months Ended
	Dec. 31, 2022
Subsequent Events [Abstract]
Subsequent events	26. Subsequent event On February 8, 2023, the Company completed the acquisition of a 60 MW power plant in North Tonawanda, New York for $4,550,000. This transaction represented an all-cash transaction by the Company, as no shares were issued in connection with the acquisition. Management has not determined the accounting impact of this acquisition.

Accounting Policies, by Policy

Accounting Policies, by Policy (Policies)	12 Months Ended
	Dec. 31, 2022
Accounting Policies [Abstract]
Statement of compliance	(a) Statement of compliance The consolidated financial statements have been prepared in accordance with IFRS issued effective for the Company’s reporting for the year ended December 31, 2022.
Statement of presentation	(b) Statement of presentation The Company’s consolidated financial statements have been prepared on an accrual basis and under the historical cost basis.
Basis of consolidation	(c) Basis of consolidation These consolidated financial statements include the accounts of Digihost and its wholly owned subsidiaries: Digihost International, Inc. and DGX Holdings, LLC. Subsidiaries are consolidated from the date of acquisition, being the date on which the Company obtains control, and continues to be consolidated until the date that such control ceases. Control is achieved when an investor has power over an investee to direct its activities, exposure to variable returns from an investee, and the ability to use the power to affect the investor’s returns. All intercompany transactions and balances have been eliminated upon consolidation.
Functional and presentation currency	(d) Functional and presentation currency These financial statements are presented in United States dollars. The functional currency of Digihost is the Canadian dollar and the functional currency of Digihost International, Inc. and DGX Holding, LLC is the United States dollars. All financial information is expressed in United States dollars, unless otherwise stated.
Foreign currency translation	(e) Foreign currency translation Monetary assets and liabilities denominated in foreign currencies are translated to the respective functional currency at exchange rates in effect at the reporting date. Non-monetary assets and liabilities are translated at historical exchange rates at the respective transaction dates. Revenue and expenses are translated at the rate of exchange at each transaction date. Gains or losses on translation are included in foreign exchange expense. The results and financial position of an entity whose functional currency are translated into a different presentation currency are treated as follows: ● assets and liabilities are translated at the closing rate at the reporting date; ● income and expenses for each income statement are translated at average exchange rates at the dates of the period; and ● all resulting exchange differences are recognized in other comprehensive income as cumulative translation adjustments.
Revenue recognition	(f) Revenue recognition The Company recognizes revenue from the provision of transaction verification services within digital currency networks, commonly termed “cryptocurrency mining.” As consideration for these services, the Company receives digital currency from each specific cryptocurrency mining pool in which it participates. Revenue is measured based on the fair value of the digital currencies received. The fair value is determined using the spot price of the digital currencies on the date of receipt. Digital currencies are considered earned on the completion and addition of a block to the blockchain, at which time the economic benefit is received and can be reliably measured.
Digital currencies	(g) Digital currencies Digital currencies consist of Bitcoin and Ethereum. Digital currencies meet the definition of intangible assets in IAS 38 Intangible Assets as they are identifiable non-monetary assets without physical substance. They are initially recorded at cost and the revaluation method is used to measure the digital currencies subsequently. Where digital assets are recognized as revenue, the fair value of the Bitcoin received is considered to be the cost of the digital assets. Under the revaluation method, increases in fair value are recorded in other comprehensive income, while decreases are recorded in profit or loss. The Company revalues its digital currencies at the end of each quarter. There is no recycling of gains from other comprehensive income to profit or loss. However, to the extent that an increase in fair value reverses a previous decrease in fair value that has been recorded in profit or loss, that increase is recorded in profit or loss. Decreases in fair value that reverse gains previously recorded in other comprehensive income are recorded in other comprehensive income. Gains and losses on digital currencies sold between revaluation dates are included in profit or loss. Digital currencies are measured at fair value using the quoted price on CoinMarketCap. CoinMarketCap is a pricing aggregator, as the principal market or most advantageous market is not always known. The Company believes any price difference amongst the principal market and an aggregated price to be immaterial. Management considers this fair value to be a Level 2 input under IFRS 13 Fair Value Measurement fair value hierarchy as the price on this source represents an average of quoted prices on multiple digital currency exchanges.
Property, plant and equipment	(h) Property, plant and equipment Details as to the Company’s policies for property, plant and equipment are as follows: Asset Amortization method Amortization period Data miners Straight-line 12 - 36 months Equipment Straight-line 36 and 120 months Leasehold improvement Straight-line 120 months Powerplant in use Straight-line 480 months Property, plant and equipment are recorded at cost less accumulated depreciation. Cost includes all expenditures incurred to bring assets to the location and condition necessary for them to be operated in the manner intended by management. Material residual value estimates and estimates of useful life are updated as required, but at least annually. Subsequent costs are included in the asset’s carrying amount or recognized as a separate asset, as appropriate, only when it is probable that future economic benefits associated with the item will flow to the Company and the cost of the item can be measured reliably. The carrying amount of any replaced parts is derecognized. All other repairs and maintenance are charged to profit or loss during the fiscal year in which they are incurred. Gains and losses on disposal are determined by comparing the proceeds with the carrying amount and are recognized in profit or loss.
Intangible assets	(i) Intangible assets Intangible assets are accounted for using the cost model whereby capitalized costs are amortized on a straight-line basis over their estimated useful lives. Residual values and useful lives are reviewed at each reporting date. The right of use of an electric power facility is depreciated over 13 years. When an intangible asset is disposed of, the gain or loss on disposal is determined as the difference between the proceeds and the carrying amount of the asset, and is recognized in profit or loss. Amortization of intangible assets has been included in depreciation and amortization in the consolidated statement of comprehensive loss.
Impairment of non-financial assets	(j) Impairment of non-financial assets The Company reviews the carrying amounts of its non-financial assets, including property, plant and equipment, right of use assets and intangible assets when events or changes in circumstances indicate the assets may not be recoverable. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss, if any. Where it is not possible to estimate the recoverable amount of an individual asset, the Company estimates the recoverable amount of the cash generating unit to which the asset belongs. Assets carried at fair value, such as digital currencies, are excluded from impairment analysis. Cash generating units to which goodwill has been allocated are tested for impairment annually. Recoverable amount is the higher of fair value less costs of disposal and value in use. In assessing value in use, the estimated future cash flows to be derived from continuing use of the asset or cash generating unit are discounted to their present value using a pre-tax discount rate that reflects current market assessments of the time value of money and the risks specific to the asset. Fair value less costs of disposal is the amount obtainable from the sale of an asset or cash generating unit in an arm’s length transaction between knowledgeable, willing parties, less the cost of disposal. When a binding sale agreement is not available, fair value less costs of disposal is estimated using a discounted cash flow approach with inputs and assumptions consistent with those of a market participant. If the recoverable amount of an asset or cash generating unit is estimated to be less than its carrying amount, the carrying amount of the asset or cash generating unit is reduced to its recoverable amount. An impairment loss is recognized immediately in net income. With the exception of goodwill, where an impairment loss subsequently reverses, the carrying amount of the asset or cash generating unit is increased to the revised estimate of its recoverable amount, such that the increased carrying amount does not exceed the carrying amount that would have been determined had no impairment loss been recognized.
Leases and right-of-use assets	(k) Leases and right-of-use assets All leases are accounted for by recognizing a right-of-use asset and a lease liability except for: ° Leases of low value assets; and ° Leases with a duration of 12 months or less. Lease liabilities are measured at the present value of the contractual payments due to the lessor over the lease term, with the discount rate determined by the incremental borrowing rate on commencement of the lease is used. Variable lease payments are only included in the measurement of the lease liability if they depend on an index or rate. In such cases, the initial measurement of the lease liability assumes the variable element will remain unchanged throughout the lease term. Other variable lease payments are expensed in the period to which they relate. On initial recognition, the carrying value of the lease liability also includes: ° Amounts expected to be payable under any residual value guarantee; ° The exercise price of any purchase option granted if it is reasonable certain to assess that option; and ° Any penalties payable for terminating the lease, if the term of the lease has been estimated on the basis of termination option being exercised. Right-of-use assets are initially measured at cost, which includes the initial amount of the lease liability, reduced for any lease incentives received, and increased for: ° Lease payments made at or before commencement of the lease; ° Initial direct costs incurred; and ° The amount of any provision recognized where the Company is contractually required to dismantle, remove or restore the leased asset. Lease liabilities, on initial measurement, increase as a result of interest charged at a constant rate on the balance outstanding and are reduced for lease payments made. Right-of-use assets are amortized on a straight-line basis over the remaining term of the lease or over the remaining economic life of the asset if this is judged to be shorter than the lease term. When the Company revises its estimate of the term of any lease, it adjusts the carrying amount of the lease liability to reflect the payments to make over the revised term, which are discounted at the same discount rate that applied on lease commencement. The carrying value of lease liabilities is similarly revised when the variable element of future lease payments dependent on a rate or index is revised. In both cases, an equivalent adjustment is made to the carrying value of the right-of-use asset, with the revised carrying amount being amortized over the remaining (revised) lease term or recorded in profit or loss if the right-of-use asset is reduced to zero.
Goodwill	(l) Goodwill The Company measures goodwill as the fair value of the cost of the acquisition less the fair value of the identifiable net assets acquired, all measured as of the acquisition date. Goodwill is carried at cost less accumulated impairment losses.
Financial instruments	(m) Financial instruments Financial assets are classified and measured based on the business model in which they are held and the characteristics of their con tractual cash flows. The primary measurement categories for financial assets are measured at amortized cost, fair value through other comprehensive income (“FVTOCI”) and fair value through profit and loss (“FVTPL”). Financial assets Financial assets are classified as either financial assets at FVTPL, amortized cost, or FVTOCI. The Company determines the classification of its financial assets at initial recognition. The Company does not have any financial assets categorized as FVTOCI. ● Amortized cost Financial assets are classified as measured at amortized cost if both of the following criteria are met: 1) the object of the Company’s business model for these financial assets is to collect their contractual cash flows; and 2) the asset’s contractual cash flows represent “solely payments of principal and interest.” After initial recognition, these are measured at amortized cost using the effective interest rate method. Discounting is omitted where the effect of discounting is immaterial. The Company’s cash and amounts receivables are classified as financial assets and measured at amortized cost. Revenues from these financial assets are recognized in financial revenues, if any. ● FVTPL Financial assets carried at FVTPL are initially recorded at fair value and transactions costs expensed in the consolidated statements of net loss. Realized and unrealized gains and losses arising from changes in the fair value of the financial assets held at FVTPL are recorded in the consolidated statements of comprehensive income in the period in which they arise. The Company’s promissory note receivable is classified as a financial asset and measured at FVTPL. Financial liabilities Financial liabilities are subsequently measured at amortized cost using the effective interest rate method. The Company’s accounts payable and accrued liabilities (excluding salaries payable), mortgage payable and deposit payable are classified as measured at amortized cost. The Company’s amount owing to Northern Dat Derecognition The Company derecognizes financial liabilities only when its obligations under the financial liabilities are discharged, cancelled, or expired. The difference between the carrying amount of the financial liability derecognized and the consideration paid and payable, including any non-cash assets transferred or liabilities assumed, is recognized in profit or loss. Financial assets are derecognized when the contractual rights to the cash flows from the financial asset expire, or when the financial asset and substantially all the risks and rewards are transferred. Expected Credit Loss Impairment Model The Company uses the single expected credit loss impairment model, which is based on changes in credit quality since initial application. The Company assumes that the credit risk on a financial asset has increased significantly if it is more than 30 days past due. The Company considers a financial asset to be in default when the borrower is unlikely to pay its credit obligations to the Company in full or when the financial asset is more than 90 days past due. The carrying amount of a financial asset is written off (either partially or in full) to the extent that there is no realistic prospect of recovery. This is generally the case when the Company determines that the debtor does not have assets or sources of income that could generate sufficient cash flows to repay the amounts subject to the write-off. Fair Value Financial instruments recorded at fair value on the statements of financial position are classified using a fair value hierarchy that reflects the significance of the inputs used in making the measurements. Th e fair value hierarchy has the following levels: ● Level 1 – quoted prices (unadjusted) in active markets for identical assets or liabilities; ● Level 2 – inputs other than quoted prices included in Level 1 that are observable for the asset or liability, either directly (i.e. prices) or indirectly (i.e. derived from prices); and ● Level 3 – inputs for the assets or liability that are not based on observable market data (unobservable inputs).
Share capital and equity	(n) Share capital and equity Share capital represents the amount received on the issue of shares, less issuance costs, net of any underlying income tax benefit from these issuance costs. When warrants are issued in connection with shares, the Company uses the residual method for allocating fair value to the shares and then to warrants. Contributed surplus includes the value of warrants classified as equity and stock options. When warrants and stock options are exercised, the related compensation cost and value are transferred to share capital. Deficit includes all current and prior year losses. Digital currency revaluation reserve includes gains and losses from the revaluation of digital currencies, net of tax. Cumulative translation reserve includes foreign currency translation differences arising from the translation of financial statements of foreign entities into United States dollars.
Share-based compensation	(o) Share-based compensation The granting of stock options and RSUs to employees, officers, directors or consultants of the Company requires the recognition of share-based compensation expense with a corresponding increase in contributed surplus in shareholders’ equity. The fair value of stock options that vest immediately are recorded as share-based compensation expense at the date of the grant. The fair values of the RSUs are determined by the quoted market price of the Company’s common shares at date of grant. The expense for stock options and RSUs that vest over time is recorded over the vesting period using the graded method, which incorporates management’s estimate of the stock options that are not expected to vest. For stock options where vesting is subject to the completion of performance milestones, the estimate for completion of the milestone is reviewed at each reporting date for any change in the estimated vesting date, and to the extent there is a material change in the vesting date estimate, the amortization to be recognized is recalculated for the new timeline estimate and adjusted on a prospective basis in the current period. The effect of a change in the number of stock options expected to vest is a change in an estimate and the cumulative effect of the change is recognized in the period when the change occurs. On exercise of an stock option, the consideration received and the estimated fair value previously recorded in contributed surplus is recorded as an increase in share capital. Stock options awarded to consultants are measured based on the fair value of the goods and services received unless that fair value cannot be estimated reliably. If the fair value of the goods and services cannot be reliably measured, then the fair value of the equity instruments granted is used to recognize the expense.
Loss per share	(p) Loss per share The Company presents basic and diluted loss per share data for its subordinate voting shares, calculated by dividing the loss attributable to common shareholders of the Company by the weighted average number of subordinate voting shares and proportionate voting shares outstanding during the period. Diluted loss per share is determined by adjusting the weighted average number of subordinate voting shares and proportionate voting shares outstanding to assume conversion of all dilutive potential subordinate voting shares. Diluted loss per share equals basic loss per share given the anti-dilutive options and warrants for 2021.
Provisions	(q) Provisions Provisions are recognized when the Company has a legal or constructive obligation, as a result of past events, for which it is probable that an outflow of economic benefits will result, and that outflow can be reliably measured. The amount recognized as a provision is the best estimate of the expenditure required to settle the present obligation at the end of the reporting period.
Business combinations	(r) Business combinations The Company applies the acquisition method in accounting for business combinations. The consideration transferred by the Company to obtain control of a subsidiary is calculated as the sum of the acquisition-date fair values of assets transferred, liabilities incurred and the equity interests issued by the Company, which includes the fair value of any asset or liability arising from a contingent consideration arrangement. Acquisition costs are expensed as incurred. Assets acquired and liabilities assumed are measured at their acquisition-date fair values.
Income taxes	(s) Income taxes Income tax on the profit or loss for the years presented comprises current and deferred tax. Income tax is recognized in profit or loss except to the extent that it relates to items recognized directly in equity, in which case it is recognized in equity. Current tax expense is the expected tax payable on the taxable income for the year, using tax rates enacted or substantively enacted at year end, adjusted for amendments to tax payable with regards to previous years. Deferred tax is provided using the liability method, providing for temporary differences between the carrying amounts of assets and liabilities for financial reporting purposes and the amounts used for taxation purposes. The following temporary differences are not provided for: goodwill not deductible for tax purposes and the initial recognition of assets or liabilities that affect neither accounting nor taxable profit. The amount of deferred tax provided is based on the expected manner of realization or settlement of the carrying amount of assets and liabilities, using tax rates enacted or substantively enacted at the financial position reporting date. A deferred tax asset is recognized only to the extent that it is probable that the underlying tax loss or deductible temporary difference will be utilized against future taxable income. Deferred tax liabilities are always provided for in full. Changes in deferred tax assets or deferred tax liabilities are recognized as revenues or expense in profit and loss, unless they relate to items that were recognized directly in equity, in which case the related deferred taxes are also recognized in equity.
Standards, amendments and interpretations to existing standards that are not yet effective and have not been adopted early by the Company.	(t) Standards, amendments and interpretations to existing standards that are not yet effective and have not been adopted early by the Company. At the date of authorization of these consolidated financial statements, several new, but not yet effective, standards and amendments to existing standards, and interpretations have been published by the IASB. None of these standards or amendments to existing standards have been adopted early by the Company. Management anticipates that all relevant pronouncements will be adopted for the first period beginning on or after the effective date of the pronouncement. New standards, amendments and interpretations not adopted in the current year have not been disclosed as they are not expected to have a material impact on the Company’s consolidated financial statements.
Critical accounting judgements, estimates and assumptions	(u) Critical accounting judgments, estimates and assumptions The preparation of these financial statements in conformity with IFRS requires management to make certain estimates, judgments and assumptions that affect the reported amounts of assets and liabilities at the date of the financial statements and reported amounts of expenses during the reporting period. Actual outcomes could differ from these estimates. These financial statements include estimates that, by their nature, are uncertain. The impacts of such estimates are pervasive throughout the financial statements, and may require accounting adjustments based on future occurrences. Revisions to accounting estimates are recognized in the year in which the estimate is revised and future years if the revision affects both current and future years. These estimates are based on historical experience, current and future economic conditions and other factors, including expectations of future events that are believed to be reasonable under the circumstances. Significant assumptions about the future that management has made that could result in a material adjustment to the carrying amounts of assets and liabilities, in the event that actual results differ from assumptions made, relate to, but are not limited to, the following: Significant judgments
Income from digital currency mining	(i) Income from digital currency mining The Company recognizes income from digital currency mining from the provision of transaction verification services within digital currency networks, commonly termed “cryptocurrency mining.” As consideration for these services, the Company receives digital currency from each specific network in which it participates (“coins”). Income from digital currency mining is measured based on the fair value of the coins received. The fair value is determined using the spot price of the coin on the date of receipt. The coins are recorded on the statement of financial position, as digital currencies, at their fair value less costs to sell and re-measured at each reporting date. Revaluation gains or losses, as well as gains or losses on the sale of coins for traditional (fiat) currencies are included in profit or loss in accordance with the Company’s treatment of its digital currencies as a traded commodity. There is currently no specific definitive guidance in IFRS or alternative accounting frameworks for the accounting for the mining and strategic selling of digital currencies and management has exercised significant judgment in determining appropriate accounting treatment for the recognition of income from digital currency mining for mining of digital currencies. Management has examined various factors surrounding the substance of the Company’s operations, including the stage of completion being the completion and addition of a block to a blockchain and the reliability of the measurement of the digital currency received. (ii) Leases – incremental borrowing rate Judgment is applied when determining the incremental borrowing rate used to measure the lease liability of each lease contract, including an estimate of the asset-specific security impact. The incremental borrowing rate should reflect the interest rate the Company would pay to borrow at a similar term and with similar security. (iii) Income, value added, withholding and other taxes The Company is subject to income, value added, withholding and other taxes. Significant judgment is required in determining the Company’s provisions for taxes. There are many transactions and calculations for which the ultimate tax determination is uncertain during the ordinary course of business. The Company recognizes liabilities for anticipated tax audit issues based on estimates of whether additional taxes will be due. The determination of the Company’s income, value added, withholding and other tax liabilities requires interpretation of complex laws and regulations. The Company’s interpretation of taxation law as applied to transactions and activities may not coincide with the interpretation of the tax authorities. All tax-related filings are subject to government audit and potential reassessment subsequent to the financial statement reporting period. Where the final tax outcome of these matters is different from the amounts that were initially recorded, such differences will impact the tax related accruals and deferred income tax provisions in the year in which such determination is made. Significant estimates (i) Useful lives of property, plant and equipment Depreciation of data miners and equipment are an estimate of its expected life. In order to determine the useful life of computing equipment, assumptions are required about a range of computing industry market and economic factors, including required hashrates, technological changes, availability of hardware and other inputs, and production costs. (ii) Digital currency valuation Digital currencies consist of cryptocurrency denominated assets (note 3) and are included in current assets. Digital currencies are carried at their fair value determined by the spot rate less costs to sell. The digital currency market is still a new market and is highly volatile; historical prices are not necessarily indicative of future value; a significant change in the market prices for digital currencies would have a significant impact on the Company’s earnings and financial position. (iii) Impairment of goodwill Determining whether goodwill is impaired requires an estimation of the recoverable amount of the CGU. Such recoverable amount corresponds, for the purpose of impairment assessment, to the higher of the value in use or the fair value less costs of disposal of the CGU to which goodwill has been allocated. The value in use calculation requires management to estimate future cash flows expected to arise from the CGU and a suitable discount rate in order to calculate present value. The key assumptions required for the value in use estimation are described in note 8. For the value in use approach, the values assigned to key assumptions reflect past experience and external sources of information that are deemed accurate and reliable. The value in use is categorized as Level 3 in the fair value hierarchy described under IFRS 13, Fair Value Measurement, as one or more key assumption used is based on unobservable data requiring the use of judgment. (iv) Data miners valuation Impairment of data miners was estimated based on the recoverable amount of mining equipment based on current market prices and hash rate power per miner type. The recoverable amount represents the higher value between an asset’s fair value less costs to sell and its value in use. Hash rate power refers to the computational power of the mining equipment, which directly affects the mining efficiency and potential revenue generation. As the market prices for mining equipment and hash rate power can vary significantly over time, these factors are considered in estimating the recoverable amount of the assets. The current market prices for mining equipment are obtained from various sources, including manufacturers, distributors, and marketplaces for used equipment. Management reviews and compares these prices regularly to ensure the accuracy and relevance of the data.

Significant Accounting Polici_2

Significant Accounting Policies (Tables)	12 Months Ended
	Dec. 31, 2022
Significant Accounting Policies [Abstract]
Schedule of company’s policies for property, plant and equipment	Asset Amortization method Amortization period Data miners Straight-line 12 - 36 months Equipment Straight-line 36 and 120 months Leasehold improvement Straight-line 120 months Powerplant in use Straight-line 480 months

Digital Currencies (Tables)

Digital Currencies (Tables)	12 Months Ended
	Dec. 31, 2022
Digital Currencies [Abstract]
Schedule of holdings of digital currencies	As at December 31, As at December 31, As at December 31, Bitcoin $ 1,842,177 $ 29,770,994 $ 4,508,042 Ethereum 958,480 3,720,992 - $ 2,800,657 $ 33,491,986 $ 4,508,042
Schedule of continuity of digital currencies	Number of Amount Number of Amount Total Balance, December 31, 2019 - - - - - Bitcoin mined 335 $ 3,553,362 - $ - $ - Bitcoin traded for cash (181 ) (1,792,071 ) - - - Gain on sale of bitcoin - 62,799 - - - Revaluation adjustment - 2,683,952 - - - Balance, December 31, 2020 154 $ 4,508,042 - $ - $ 4,508,042 Bitcoin mined(2) 519 24,952,344 - - 24,952,344 Received from sale of property, plant and equipment 24 1,347,977 63 204,318 1,552,295 Received from private placement 1 47,671 - - 47,671 Acquisition (disposal) of digital currencies (66 ) (3,347,790 ) 974 3,347,034 (756 ) Acquisition of property, plant and equipment - - (36 ) (163,942 ) (163,942 ) Gain on sale of digital currencies - 235,067 - 55,881 290,948 Revaluation adjustment (1) - 2,027,683 - 277,701 2,305,384 $ 29,770,99 $ 3,720,99 $ 33,491,98 Balance, December 31, 2021 632 4 1,001 2 6 Bitcoin mined for Digihost (2) 832 24,190,059 - - 24,190,059 Bitcoin remitted to Northern Data (2) (380 ) (10,836,179 ) - - (10,836,179 ) Received from sale of property, plant and equipment 9 345,658 - - 345,658 Acquisition of digital currencies 100 3,932,000 - - 3,932,000 Digital currencies paid for services (27 ) (739,024 ) - - (739,024 ) Digital currencies traded for cash (640 ) (15,747,279 ) (200 ) (269,001 ) (16,016,280 ) Digital currencies for loan repayment (415 ) (11,982,320 ) - - (11,982,320 ) Loss on sale of digital currencies - (11,574,330 ) - - (11,574,330 ) Revaluation adjustment (1) - (5,517,402 ) - (2,493,511 ) (8,010,913 ) Balance, December 31, 2022 111 $ 1,842,177 801 $ 958,480 $ 2,800,657 (1) Digital assets held are revalued each reporting period based on the fair market value of the price of Bitcoin and Ethereum on the reporting date. As at December 31, 2022, the prices of Bitcoin and Ethereum were $16,548 (2021 - $47,117, 2020 - $29,002) and $1,197 (2021 - $3,718, 2020 - $738), respectively resulting in total revaluation loss of $8,010,913. The Company recorded $3,706,624 of the loss in other comprehensive loss, net of taxes of $1,047,759, and the remaining loss of $3,256,530 was recorded on the statement of comprehensive income. (2) During the year ended December 31, 2021, the Company entered into a Miner Lease Agreement and a hosting services agreement with Northern Data, NY LLC, pursuant to which the parties have agreed to split a portion of the mining rewards received and energy costs incurred for the miners put in service pursuant to these agreements. As at December 31, 2022, the Company must remit 19 Bitcoin (2021 - 62 Bitcoin) with a value of $322,099 (2021 - $2,940,412, 2020 - $0) which is presented in the current liabilities.

Amounts Receivable and Prepai_2

Amounts Receivable and Prepaid Expenses (Tables)	12 Months Ended
	Dec. 31, 2022
Amounts Receivable and Prepaid Expenses [Abstract]
Schedule of amounts receivable and prepaid expenses	As at December 31, As at December 31, As at December 31, 2022 2021 2020 Prepaid insurance and deposits $ 741,350 $ 709,575 $ - Receivable from Northern Data 492,825 911,200 - Other receivable - 187,529 161,919 $ 1,234,175 $ 1,808,304 $ 161,919

Property, Plant and Equipment (

Property, Plant and Equipment (Tables)	12 Months Ended
	Dec. 31, 2022
Property, Plant and Equipment [Abstract]
Schedule of property plant and equipment	Land Data miners Equipment and other Leasehold improvement Powerplant Powerplant Total Cost December 31, 2019 $ - $ - $ - $ - $ - $ - $ - Additions 3,558,280 2,760,000 1,040,000 7,358,280 Acquired from RTO - 2,244,509 - - - - - December 31, 2020 $ - $ 5,802,789 $ 2,760,000 $ 1,040,000 $ - $ - $ 9,602,789 Additions - 26,845,831 (1) 603,324 - 7,148,920 - 34,598,075 Disposal - (990,517 ) - - - - (990,517 ) December 31, 2021 - 31,658,103 3,363,324 1,040,000 7,148,920 - 43,210,347 Additions 1,007,010 - 7,669,386 39,542 7,037,100 - 15,753,038 Disposal - (1,253,992 ) - - - - (1,253,992 ) Transfer asset in use - - (439,381 ) - (3,218,685 ) 3,658,066 - December 31, 2022 $ 1,007,010 $ 30,404,111 $ 10,593,329 $ 1,079,542 $ 10,967,335 $ 3,658,066 $ 57,709,393 Accumulated depreciation December 31, 2020 $ - $ 2,538,211 $ 479,888 $ 87,056 $ - $ - $ 3,105,155 Depreciation - 2,272,602 577,000 104,000 - - 2,953,602 Disposal - (990,517 ) - - - - (990,517 ) December 31, 2021 - 3,820,296 1,056,888 191,056 - - 5,068,240 Depreciation - 8,815,246 591,329 105,208 - 1,016,129 10,527,912 Impairment - 1,556,000 - - - - 1,556,000 Disposal - (1,253,992 ) - - - - (1,253,992 ) December 31, 2022 $ - $ 12,937,550 $ 1,648,217 $ 296,264 $ - $ 1,016,129 $ 15,898,160 Net carrying value As at December 31, 2021 $ - $ 27,837,807 $ 2,306,436 $ 848,944 $ 7,148,920 $ - $ 38,142,107 As at December 31, 2022 $ 1,007,010 $ 17,466,561 $ 8,945,112 $ 783,278 $ 10,967,335 $ 2,641,937 $ 41,811,233 (1) Included in this total are 10,000 high performance Bitcoin miners sourced from Northern Data AG per a definitive purchase agreement entered into on May 12, 2021.

Right-of-Use Assets (Tables)

Right-of-Use Assets (Tables)	12 Months Ended
	Dec. 31, 2022
Right-of-Use Assets [Abstract]
Schedule of right-of-use assets	As at December 31, As at December 31, As at December 31, 2022 2021 2020 Balance, beginning of period $ 2,078,599 $ 2,413,720 $ - Additions (2)(3) 602,172 - 2,588,107 Depreciation (142,324 ) (198,291 ) (174,387 ) Modification of lease (1) - (136,830 ) - Balance, end of period $ 2,538,447 $ 2,078,599 $ 2,413,720 (1) On December 31, 2021, the Company entered into a 99 year lease for the 1001 East Delavan facility in exchange for a one time prepayment of $2.3 million. This long-term lease is treated as a lease modification of the current lease. This right-of-use asset is depreciated over 40 years. The lease for this right-of-use assets has been modified because of the prepayment as the Company has acquired the premises under a long-term lease. (2) In April 2022, the Company entered into a lease for its head office for a term of 5 years. (3) On February 14, 2020, prior to the closing of the RTO Transaction, BIT Management, LLC, Nyam, LLC and BIT Mining International, LLC (collectively the “Sellers”, all companies controlled by the CEO of Digihost) sold to the Company leasehold improvements and equipment and transferred and assigned the lease of the 1001 East Delavan facility. As consideration, the transaction resulted in an increase in right of use assets and liabilities of $2,588,107. When measuring lease liability, the Company’s incremental borrowing rate applied was estimated to be 10% per annum.

Intangible Asset (Tables)

Intangible Asset (Tables)	12 Months Ended
	Dec. 31, 2022
Disclosure of Intangible Assets Text Block [Abstract]
Schedule of intangible asset relates to the right of use of an electric power facility	As at As at As at December 31, December 31, December 31, 2022 2021 2020 Balance, beginning of period $ 1,443,260 $ 1,572,500 $ - Addition at cost - - 1,680,000 Amortization (129,232 ) (129,240 ) (107,500 ) Balance, end of period $ 1,314,028 $ 1,443,260 $ 1,572,500

Goodwill (Tables)

Goodwill (Tables)	12 Months Ended
	Dec. 31, 2022
Goodwill [Abstract]
Schedule of goodwill	As at December 31, As at December 31, As at December 31, Balance, beginning of period $ 1,346,904 $ 1,342,281 $ - RTO Transaction 1,289,906 Impairment (1,260,783 ) - - Foreign currency translation (86,121 ) 4,623 52,375 Balance, end of period $ - $ 1,346,904 $ 1,342,281

Lease liabilities (Tables)

Lease liabilities (Tables)	12 Months Ended
	Dec. 31, 2022
Lease Liabilities [Abstract]
Schedule of the lease liabilities	As at December 31, As at December 31, As at December 31, Balance, beginning of period $ - $ 2,546,160 $ - Additions (2)(3) 602,172 - 2,588,107 Interest 41,299 236,680 216,434 Lease payments (96,000 ) (2,647,669 ) (258,381 ) Modification of lease (1) - (135,171 ) - Balance, end of period $ 547,471 $ - $ 2,546,160 Current portion $ 99,957 $ - $ 111,672 Non-current portion 447,514 - 2,434,488 Total lease liabilities $ 547,471 $ - $ 2,546,160 (1) On December 31, 2021, the Company entered into a 99-year lease for the 1001 East Delavan facility in exchange for a one-time prepayment of $2.3 million. This long-term lease is treated as a lease modification of the current lease. Refer to note 6. (2) In April 2022, the Company entered into a lease for its head office for a term of 5 years. When measuring lease liability, the Company’s incremental borrowing rate applied was estimated to be 10% per annum. (3) On February 14, 2020, prior to the closing of the RTO Transaction, BIT Management, LLC, Nyam, LLC and BIT Mining International, LLC (collectively the “Sellers”, all companies controlled by the CEO of Digihost) sold to the Company leasehold improvements and equipment and transferred and assigned the lease of the 1001 East Delavan facility. As consideration, the transaction resulted in an increase in right of use assets and liabilities of $2,588,107. When measuring lease liability, the Company’s incremental borrowing rate applied was estimated to be 10% per annum.
Schedule of maturity analysis - contractual undiscounted cash flows	As at December 31, 2022 Less than one year $ 146,880 One to five years 521,635 Total undiscounted lease obligations $ 668,515

Loans Payable (Tables)

Loans Payable (Tables)	12 Months Ended
	Dec. 31, 2022
Loans Payable [Abstract]
Schedule of loans payable	As at December 31, As at December 31, As at 2022 2021 2020 Balance, beginning of the period $ - $ 2,543,083 $ - New loans (1) 10,000,000 1,432,000 2,543,083 Repayment of loans (10,000,000 ) (3,975,083 ) - Balance, end of the period $ - $ - $ 2,543,083 (1) On March 2, 2022, the Company announced the closing of a $10,000,000 committed, collateralized revolving credit facility with Securitize, Inc. (the “Loan Facility”). The Loan Facility had a one-year committed term and an interest rate of 7.5% per annum.

Mortgage payable (Tables)

Mortgage payable (Tables)	12 Months Ended
	Dec. 31, 2022
Mortgage payable [Abstract]
Schedule of incremental borrowing rate	As at December 31, As at As at 2022 2021 2020 Balance, beginning of period $ - $ - $ - Additions 993,912 - - Interest 16,715 - - Payments (133,500 ) - - Balance, end of period $ 877,127 $ - $ - Current portion $ 488,062 $ - $ - Non-current portion 389,065 - - Total mortgage payable $ 877,127 $ - $ -
Schedule of contractual undiscounted cash flows	As at December 31, 2022 Less than one year $ 534,000 One to five years 400,500 Total undiscounted mortgage obligations $ 934,500

Warrant liabilities (Tables)

Warrant liabilities (Tables)	12 Months Ended
	Dec. 31, 2022
Warrant liabilities [Abstract]
Schedule of the warrant liabilities	Number of warrants Amount Balance, December, 2019 - - Issued 36,858 193,505 Expired (36,858 ) 193,505 Balance, December, 2020 - $ - Warrants issued 9,098,514 33,989,639 Revaluation of warrant liabilities - (1,551,013 ) Foreign currency translation - (495,261 ) Balance, December, 2021 9,098,514 $ 31,943,365 Warrants issued 3,029,748 7,007,643 Warrants cancelled (note 14(b)(ix)) (3,029,748 ) (5,887,840 ) Pre-funded warrants issued (note 14(b)(ix)) 300,000 927,463 Pre-funded warrants exercised (note 14(b)(ix)) (300,000 ) (927,463 ) Revaluation of warrant liabilities - (32,010,637 ) Foreign currency translation - (230,834 ) Balance, December 31, 2022 9,098,514 $ 821,697
Schedule of fair value warrants	Issued As at Issued As at Spot price (in CAD$) $ 3.78 $ 0.47 $ 6.04 $ 5.97 Risk-free interest rate 1.62 % 4.07 % 0.66 % 1.03 % Expected annual volatility 145 % 143 % 139 % 147 % Expected life (years) 3.50 2.01 3.43 2.72 Dividend nil nil nil nil
Schedule of warrants outstanding and exercisable	Expiry date Warrants outstanding and exercisable Weighted average exercise price (CAD$) March 16, 2024 1,872,659 9.42 June 18, 2024 2,083,334 5.97 April 9, 2025 2,112,773 7.11 September 9, 2025 3,029,748 6.25 9,098,514 7.04 Expiry date Warrants outstanding and exercisable Weighted average exercise price (CAD$) March 16, 2024 3,121,099 9.42 June 18, 2024 2,083,334 5.97 April 9, 2025 3,894,081 7.11 9,098,514 7.64 Expiry date Warrants exercisable Weighted August 14, 2021 36,858 5.25 36,858 5.25

Warrants (Tables)

Warrants (Tables)	12 Months Ended
	Dec. 31, 2022
Warrants [Abstract]
Schedule of warrants	Number of Warrants Weighted Average Exercise Price (CAD$) Balance, December 31, 2019 - - Issued 36,858 5.25 Balance, December 31, 2020 36,858 5.25 Issued (note 14(b)(v)(vi)(vii)) 783,436 8.30 Expired (36,858 ) 5.25 Balance, December 31, 2021 783,436 8.30 Issued (note 14(b)(ix)) 242,380 6.25 Balance, December 31, 2022 1,025,816 7.81
Schedule of warrants issued and outstanding	Number of Exercise Price Weighted Expiry Date 249,688 10.01 1.21 March 16, 2024 (1) 222,222 6.75 1.47 June 18, 2024 (1) 311,526 8.025 2.27 April 9, 2025 (1) 242,380 6.25 2.69 September 9, 2025 (1) 1,025,816 7.81 1.94 Number of Exercise Price Weighted Expiry Date 249,688 10.01 2.21 March 16, 2024 (1) 222,222 6.75 2.47 June 18, 2024 (1) 311,526 8.025 3.27 April 9, 2025 (1) 783,436 8.30 2.71 Number of Exercise Price Weighted Expiry Date 36,858 5.25 0.87 August 14, 2021 36,858 5.25 0.87 (1) Broker warrants.

Options and restricted share _2

Options and restricted share units (Tables)	12 Months Ended
	Dec. 31, 2022
Options and restricted share units [Abstarct]
Schedule of continuity of stock options	Number of Stock Options Weighted Average Exercise Price (CAD$) Balance, December 31, 2019 - - Granted 625,000 2.88 Balance, December 31, 2020 625,000 2.88 Granted (i)(ii)(iii)(iv)(v) 1,823,497 6.03 Exercised (1) (75,000 ) 3.17 Expired / cancelled (28,332 ) 6.09 Balance, December 31, 2021 2,345,165 5.28 Expired / cancelled (1,153,331 ) 5.46 Balance, December 31, 2022 1,191,834 5.11 (1) The market price on the date of exercise was CAD$8.88. (i) On January 5, 2021, the Company granted stock options to directors, officers, employees and consultants of the Company to acquire an aggregate of 550,164 subordinate voting shares. Each stock option is exercisable into a subordinate voting share at a price of CAD$3.75 and expire on January 5, 2026. The stock options vest fully on the six-month anniversary of the date of grant. A value of CAD$2.76 per option was estimated for the 550,164 stock options on the date of grant with the following assumptions and inputs: share price of CAD$3.03; exercise price of CAD$3.75; expected dividend yield of 0%; expected volatility of 155% which is based on comparable companies; risk-free interest rate of 0.39%; and an expected average life of five years. (ii) On February 24, 2021, the Company granted stock options to consultants of the Company to acquire an aggregate of 50,000 subordinate voting shares. Each stock option is exercisable into a subordinate voting share at a price of CAD$13.92 and expire on February 24, 2026. The stock options vested immediately. A value of CAD$12.78 per option was estimated for the 50,000 stock options on the date of grant with the following assumptions and inputs: share price of CAD$13.92; exercise price of CAD$13.92; expected dividend yield of 0%; expected volatility of 155% which is based on comparable companies; risk-free interest rate of 0.73%; and an expected average life of five years. (iii) A value of CAD$6.87 per option was estimated for the 533,333 stock options on the date of grant with the following assumptions and inputs: share price of CAD$7.47; exercise price of CAD$7.47; expected dividend yield of 0%; expected volatility of 155% which is based on comparable companies; risk-free interest rate of 0.90%; and an expected average life of five years. (iv) On May 17, 2021, the Company granted stock options to directors, officers, employees and consultants of the Company to acquire an aggregate of 430,000 subordinate voting shares. Each stock option is exercisable into a subordinate voting share at a price of CAD$7.35 and expire on May 17, 2026. The stock options vest fully on the six-month anniversary of the date of grant. A value of CAD$6.09 per option was estimated for the 430,000 stock options on the date of grant with the following assumptions and inputs: share price of CAD$7.86; exercise price of CAD$7.35; expected dividend yield of 0%; expected volatility of 105% which is based on comparable companies; risk-free interest rate of 0.95%; and an expected average life of five years. (v) On June 22, 2021, the Company granted stock options to directors, officers, employees and consultants of the Company to acquire an aggregate of 260,000 subordinate voting shares. Each stock option is exercisable into a subordinate voting share at a price of CAD$4.20 and expire on June 22, 2026. The stock options vest fully on the six-month anniversary of the date of grant. A value of CAD$3.06 per option was estimated for the 260,000 stock options on the date of grant with the following assumptions and inputs: share price of CAD$4.02; exercise price of CAD$4.20; expected dividend yield of 0%; expected volatility of 105% which is based on comparable companies; risk-free interest rate of 0.95%; and an expected average life of five years. Number of RSUs Balance, December 31, 2020 and December 31, 2021 - Granted 1,449,250 Cancelled (10,000 ) Balance, December 31, 2022 1,439,250
Schedule of stock options issued and outstanding	Expiry Date Exercise Price (CAD$) Weighted Average Remaining Contractual Life (years) Number of Options Outstanding Number of Options Number of Options Unvested February 14, 2025 2.88 2.13 408,334 408,334 - January 5, 2026 3.75 3.02 258,498 258,498 - February 24, 2026 13.92 3.16 50,000 50,000 - March 25, 2026 7.47 3.23 233,334 233,334 - May 17, 2026 7.35 3.38 155,000 155,000 - June 22, 2026 4.20 3.48 86,668 86,668 - 5.11 2.84 1,191,834 1,191,834 - Expiry Date Exercise Price (CAD$) Weighted Average Remaining Contractual Life (years) Number of Options Outstanding Number of Options Number of Options Unvested February 14, 2025 2.88 3.13 575,000 575,000 - January 5, 2026 3.75 4.02 525,164 525,164 - February 24, 2026 13.92 4.15 50,000 50,000 - March 25, 2026 7.47 4.23 525,000 525,000 - May 17, 2026 7.35 4.38 421,667 421,667 - June 22, 2026 4.20 4.48 248,334 248,334 - 5.28 4.96 2,345,165 2,345,165 - Expiry Date Exercise Weighted Number of Number of Number of February 14, 2025 0.96 4.38 625,000 625,000 - 0.96 4.38 625,000 625,000 -

Income (loss) per share (Tables

Income (loss) per share (Tables)	12 Months Ended
	Dec. 31, 2022
Income (loss) per share [Abstract]
Schedule of income (loss) per share	Year Ended December 31, 2022 2021 2020 Net income (loss) for the year $ 4,329,342 $ (3,132,693 ) $ (5,190,713 ) Net income (loss) per share - basic $ 0.16 $ (0.14 ) $ (0.44 ) Net income (loss) per share - diluted $ 0.16 $ (0.14 ) $ (0.44 ) Weighted average number of shares outstanding - basic 27,227,284 21,781,806 11,715,524 Weighted average number of shares outstanding - diluted 27,227,284 21,781,806 11,715,524

Related Party Transactions (Tab

Related Party Transactions (Tables)	12 Months Ended
	Dec. 31, 2022
Related Party Transactions [Abstract]
Schedule of remuneration of key management personnel	Year Ended December 31, 2022 2021 2020 Professional fees (1) $ 307,534 $ 91,249 $ 40,491 Salaries (1) 833,717 144,231 - Share based compensation (2) 3,092,012 6,016,173 1,047,943 $ 4,233,263 $ 6,251,653 $ 1,088,434 (1) Represents the professional fees and salaries paid to officers and directors. (2) Represents the share based compensation for officers and directors.

Cash flow supplemental inform_2

Cash flow supplemental information (Tables)	12 Months Ended
	Dec. 31, 2022
Cash flow supplemental information [Abstract]
Schedule of cash flow supplemental information	Year Ended December 31, 2022 2021 2020 Digital currencies items Digital currencies mined $ (24,190,060 ) $ (24,952,344 ) $ (3,553,362 ) Acquisition of digital currencies (3,932,000 ) - - Miner lease and hosting 9,768,179 3,469,287 - Loss on digital currency option calls 1,950,000 - - Services paid in digital currencies 739,024 - - Loss (gain) on sale of digital currencies 11,574,330 (290,948 ) (62,799 ) Interest paid in digital currencies 216,329 - - Digital currencies traded for cash 16,016,280 - - Loss on revaluation of digital currencies 3,386,890 - - $ 15,528,972 $ (21,774,005 ) $ (3,616,161 ) Working capital items Amounts receivable and prepaid expenses $ 574,129 $ (1,604,703 ) (275,294 ) Accounts payable and accrued liabilities 72,325 842,584 761,560 Income tax payable (550,000 ) - - Deposit payable (1,277,500 ) 1,788,500 - $ (1,181,046 ) $ 1,026,381 $ 486,266

Additional information on the_2

Additional information on the nature of comprehensive income (loss) components (Tables)	12 Months Ended
	Dec. 31, 2022
Additional information on the nature of comprehensive income (loss) components [Abstract]
Schedule of additional information on the nature of comprehensive loss components	Year Ended December 31, 2022 2021 2020 Expenses for employee benefits Operating and maintenance costs $ 444,400 $ 528,658 $ 182,628 Professional fees 307,534 91,249 40,491 Share based compensation 3,296,238 7,804,271 1,247,551 $ 4,048,172 $ 8,424,178 $ 1,460,670 Net financial expenses Interest on loans $ 238,204 $ 96,134 $ 41,992 Interest on lease liabilities 16,074 236,680 216,435 $ 254,278 $ 332,814 $ 258,427

Segmented Reporting (Tables)

Segmented Reporting (Tables)	12 Months Ended
	Dec. 31, 2022
Segmented Reporting [Abstract]
Schedule of geographic segmentation	As at December 31, 2022 Canada United States Total Current assets $ 29,372 $ 6,100,481 $ 6,129,853 Non-current assets - 46,469,708 46,469,708 Total assets $ 29,372 $ 52,570,189 $ 52,599,561 As at December 31, 2021 Canada United States Total Current assets $ 179,396 $ 36,036,609 $ 36,216,005 Non-current assets 1,346,904 42,463,966 43,810,870 Total assets $ 1,526,300 $ 78,500,575 $ 80,026,875 As at December 31, 2020 Canada United States Total Current assets $ - $ 4,693,466 $ 4,693,466 Non-current assets 1,342,281 10,483,854 11,826,135 Total assets $ 1,342,281 $ 15,177,320 $ 16,519,601

Financial instruments and ris_2

Financial instruments and risk management (Tables)	12 Months Ended
	Dec. 31, 2022
Financial Instruments and Risk Management [Abstract]
Schedule of corporation’s significant financial liabilities	As at December 31, 2022 Payments by period Less than More than Carrying 1 year 1-3 years 4-5 years 5 years Total Value Accounts payable and accrued liabilities $ 2,345,175 $ - $ - $ - $ 2,345,175 $ 2,345,175 Amount owing to Northern Data 322,099 - - - 322,099 322,099 Deposit payable - 511,000 - - 511,000 511,000 Lease liabilities 146,880 307,111 214,524 - 668,515 668,515 Mortgage payable 534,000 400,500 - - 934,500 934,500 $ 3,348,154 $ 1,218,611 $ 214,524 $ - $ 4,781,289 $ 4,781,289 As at December 31, 2021 Payments by period Less than More than Carrying 1 year 1-3 years 4-5 years 5 years Total Value Accounts payable and accrued liabilities $ 2,272,850 $ - $ - $ - $ 2,272,850 $ 2,272,850 Amount owing to Northern Data 2,940,412 - - - 2,940,412 2,940,412 Deposit payable - 1,788,500 - - 1,788,500 1,788,500 $ 5,213,262 $ 1,788,500 $ - $ - $ 7,001,762 $ 7,001,762 As at December 31, 2020 Payments by period Less than More than Carrying 1 year 1-3 years 4-5 years 5 years Total Value Accounts payable and accrued liabilities $ 920,914 $ 920,914 $ 920,914 Loan payable 2,146,231 570,933 $ - $ - 2,717,164 2,543,083 $ 3,067,145 $ 570,933 $ - $ - $ 3,638,078 $ 3,463,997

Income taxes (Tables)

Income taxes (Tables)	12 Months Ended
	Dec. 31, 2022
Income taxes [Abstract]
Schedule of provision for income taxes	Year Ended December 31, 2022 2021 2020 (Restated) Income before income taxes $ 2,791,875 $ (832,074 ) $ (5,826,526 ) Combined statutory income tax rate 26.14 % 27.00 % 27.00 % Income tax benefit at the statutory tax rate 729,657 (224,660 ) (1,573,162 ) Non-deductible expenses 15,626 273,784 119,543 Revaluation of warrant liabilities (8,365,980 ) (418,774 ) - Foreign exchange gain (593,325 ) - - Share based compensation - 1,304,058 336,839 Tax asset recognized (71,801 ) Impairment of goodwill 329,506 - - Effect of lower tax rate of subsidiary - (103,388 ) - Temporary difference unrecognized - - 532,589 Other 59,931 126,874 1,497 Change in unrecognized deferred tax asset 6,287,118 1,342,725 18,682 Deferred Income tax (recovery) provision $ (1,537,467 ) $ 2,300,619 $ (635,813 ) Current income taxes in the income statement $ - $ 127,340 $ - Composition of deferred income taxes in the income statement Inception and reversal of temporary differences $ (7,824,585 ) $ 2,089,839 $ (1,168,402 ) Prior period adjustment - 83,440 Change in unrecognized deferred tax asset 6,287,118 - 532,589 Deferred Income tax (recovery) provision $ (1,537,467 ) $ 2,173,279 $ (635,813 ) Total income tax expense (recovery) for the year $ (1,537,467 ) $ 2,300,619 $ (635,813 )
Schedule of deferred tax assets	January 1, Profit or Other December 31, 2022 loss Income Equity 2022 Property, plant and equipment $ (1,781,767 ) $ (3,249,116 ) $ - $ - $ (5,030,883 ) Right of use assets (543,242 ) (120,181 ) - - (663,423 ) Digital currencies (1,047,759 ) 1,186,091 1,047,758 - 1,186,090 Lease liabilities - 143,082 - - 143,082 Stock based compensation 709,474 (638,992 ) - (70,482 ) - Non-capital losses 148,551 4,216,583 - - 4,365,134 Non-capital losses - Canada - 593,325 - - 593,325 Unrealized foreign exchange gain - Canada - (593,325 ) - - (593,325 ) Total $ (2,514,743 ) $ 1,537,467 $ 1,047,758 $ (70,482 ) $ - January 1, Profit or Other December 31, 2021 loss Income Equity 2021 Property, plant and equipment $ (755,431 ) $ (1,026,336 ) $ - $ - $ (1,781,767 ) Right of use assets (630,826 ) 87,584 - - (543,242 ) Digital currencies (701,451 ) - (346,308 ) - (1,047,759 ) Lease liabilities 665,439 (665,439 ) - - - Stock based compensation - 637,673 - 71,801 709,474 Non-capital losses 1,356,631 (1,208,080 ) - - 148,551 Total $ (65,638 ) $ (2,174,598 ) $ (346,308 ) $ 71,801 $ (2,514,743 ) January 1, Profit or Other December 31, 2021 loss Income Equity 2021 Property, plant and equipment - $ (755,431 ) $ - $ - $ (755,431 ) Right of use assets - (630,826 ) - - (630,826 ) Digital currencies - - (701,451 ) - (701,451 ) Lease liabilities - 665,439 - - 665,439 Non-capital losses - 1,356,631 - - 1,356,631 Total 635,813 (701,451 ) (65,638 )
Schedule of deferred tax assets	As at As at As at December 31, December 31, December 31, 2022 2021 2020 Share issue costs $ 6,042,213 $ 529,320 $ 758,041 Stock based compensation 4,307,117 - - Property, plant and equipment - - 26,402,452 Non-capital losses - USA 21,425,219 - - Non-capital losses - Canada 1,929,162 2,359,944 557,042 $ 33,703,711 $ 2,889,264 $ 27,717,535

Restatement (Tables)

Restatement (Tables)	12 Months Ended
	Dec. 31, 2022
Restatement [Abstract]
Schedule of consolidated statement of financial position	As reported Adjustment Restated LIABILITIES AND SHAREHOLDERS’ EQUITY Warrant liabilities $ - $ 31,943,365 $ 31,943,365 Total liabilities - 31,943,365 31,943,365 Shareholders’ equity Share capital 54,863,819 (23,440,724 ) 31,423,095 Contributed surplus 17,358,982 (5,514,401 ) 11,844,581 Cumulative translation adjustment (266,730 ) 433,798 167,068 Digital currency revaluation reserve 3,706,624 - 3,706,624 Deficit (5,457,926 ) (3,422,038 ) (8,879,964 ) Total shareholders’ equity $ 70,204,769 $ (31,943,365 ) $ 38,261,404
Schedule of consolidated statement of comprehensive income	As reported Adjustment Restated Operating income $ 2,922,778 $ - $ 2,922,778 Revaluation of warrant liabilities - 1,551,013 1,551,013 Share issuance costs - (4,973,051 ) (4,973,051 ) Net income (loss) before income taxes 2,589,964 (3,422,038 ) (832,074 ) Net income (loss) for the year 289,345 (3,422,038 ) (3,132,693 ) Other comprehensive income (loss) Items that will be reclassified to net income Foreign currency translation adjustment (384,892 ) 433,798 48,906 Items that will not be reclassified to net income Revaluation of digital currencies, net of tax 1,724,123 - 1,724,123 Total comprehensive income (loss) for the year $ 1,628,576 $ (2,988,240 ) $ (1,359,664 )

Nature of Operations and Goin_2

Nature of Operations and Going Concern (Details) - USD ($)	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Nature of Operations [Abstract]
Working capital	$ 2,874,560	$ 30,697,142	$ 1,650,708

Significant Accounting Polici_3

Significant Accounting Policies (Details) - Schedule of company’s policies for property, plant and equipment	12 Months Ended
	Dec. 31, 2008
Data Miners [Member]
Significant Accounting Policies (Details) - Schedule of company’s policies for property, plant and equipment [Line Items]
Amortization method	Straight-line
Equipment [Member]
Significant Accounting Policies (Details) - Schedule of company’s policies for property, plant and equipment [Line Items]
Amortization method	Straight-line
Leasehold Improvement [Member]
Significant Accounting Policies (Details) - Schedule of company’s policies for property, plant and equipment [Line Items]
Amortization method	Straight-line
Amortization period	120 months
Powerplant in use [Member]
Significant Accounting Policies (Details) - Schedule of company’s policies for property, plant and equipment [Line Items]
Amortization method	Straight-line
Amortization period	480 months
Bottom of Range [Member] | Data Miners [Member]
Significant Accounting Policies (Details) - Schedule of company’s policies for property, plant and equipment [Line Items]
Amortization period	12 months
Bottom of Range [Member] | Equipment [Member]
Significant Accounting Policies (Details) - Schedule of company’s policies for property, plant and equipment [Line Items]
Amortization period	36 months
Top of Range [Member] | Data Miners [Member]
Significant Accounting Policies (Details) - Schedule of company’s policies for property, plant and equipment [Line Items]
Amortization period	36 months
Top of Range [Member] | Equipment [Member]
Significant Accounting Policies (Details) - Schedule of company’s policies for property, plant and equipment [Line Items]
Amortization period	120 months

Digital Currencies (Details)

Digital Currencies (Details) - USD ($)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Disclosure of Digital Currencies [Abstract]
Prices of bitcoin	$ 16,548	$ 47,117	$ 29,002
Price of ethereum	1,197	3,718	738
Revaluation loss	8,010,913
Other comprehensive loss	3,706,624
Net of taxes	1,047,759
Remaining loss amount	3,256,530
Current liabilities	$ 322,099	$ 2,940,412	$ 0

Digital Currencies (Details) -

Digital Currencies (Details) - Schedule of holdings of digital currencies - USD ($)	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Digital Currencies (Details) - Schedule of holdings of digital currencies [Line Items]
Total	$ 2,800,657	$ 33,491,986	$ 4,508,042
Bitcoin [Member]
Digital Currencies (Details) - Schedule of holdings of digital currencies [Line Items]
Total	1,842,177	29,770,994	4,508,042
Ethereum [Member]
Digital Currencies (Details) - Schedule of holdings of digital currencies [Line Items]
Total	$ 958,480	$ 3,720,992

Digital Currencies (Details) _2

Digital Currencies (Details) - Schedule of continuity of digital currencies		12 Months Ended
		Dec. 31, 2022 USD ($)		Dec. 31, 2021 USD ($)		Dec. 31, 2020 USD ($)
Digital Currencies (Details) - Schedule of continuity of digital currencies [Line Items]
Beginning balance, Amount
Bitcoin mined, Amount		$ 24,190,059	[1]	$ 24,952,344	[1]
Bitcoin remitted to Northern Data, Amount	[1]	(10,836,179)
Received from sale of property, plant and equipment, Amount		345,658		1,552,295
Acquisition of digital currencies, Amount		3,932,000
Digital currencies paid for services, Amount		(739,024)
Digital currencies traded for cash, Amount		(16,016,280)
Digital currencies for loan repayment, Amount		(11,982,320)
Received from private placement, Amount				47,671
Acquisition (disposal) of digital currencies, Amount				(756)
Acquisition of property, plant and equipment, Amount				(163,942)
Gain loss on sale of digital currencies, Amount		(11,574,330)		290,948
Bitcoin traded for cash, Amount
Gain on sale of bitcoin, Amount
Revaluation adjustment, Amount		(8,010,913)	[2]	2,305,384	[2]
Total				3,349,198
Ending balance, Amount		$ 2,800,657		$ 6		$ 4,508,042
Bitcoin [Member]
Digital Currencies (Details) - Schedule of continuity of digital currencies [Line Items]
Beginning balance, Number
Beginning balance, Amount
Bitcoin mined, Number		832	[1]	519	[1]	335
Bitcoin mined, Amount		$ 24,190,059	[1]	$ 24,952,344	[1]	$ 3,553,362
Bitcoin remitted to Northern Data, Number	[1]	(380)
Bitcoin remitted to Northern Data, Amount	[1]	$ (10,836,179)
Received from sale of property, plant and equipment, Number		9		24
Received from sale of property, plant and equipment, Amount		$ 345,658		$ 1,347,977
Acquisition of digital currencies, Number		100
Acquisition of digital currencies, Amount		$ 3,932,000
Digital currencies paid for services, Number		(27)
Digital currencies paid for services, Amount		$ (739,024)
Digital currencies traded for cash, Number		(640)
Digital currencies traded for cash, Amount		$ (15,747,279)
Digital currencies for loan repayment, Number		(415)
Digital currencies for loan repayment, Amount		$ (11,982,320)
Received from private placement, Number				1
Received from private placement, Amount				$ 47,671
Acquisition (disposal) of digital currencies, Number				(66)
Acquisition (disposal) of digital currencies, Amount				$ (3,347,790)
Acquisition of property, plant and equipment, Number
Acquisition of property, plant and equipment, Amount
Gain loss on sale of digital currencies, Number
Gain loss on sale of digital currencies, Amount		$ (11,574,330)		$ 235,067
Bitcoin traded for cash, Number						(181)
Bitcoin traded for cash, Amount						$ (1,792,071)
Gain on sale of bitcoin, Number
Gain on sale of bitcoin, Amount						$ 62,799
Revaluation adjustment, Number			[2]		[2]
Revaluation adjustment, Amount		$ (5,517,402)	[2]	$ 2,027,683	[2]	$ 2,683,952
Total				$ 2,977,099
Ending balance, Number		111		632		154
Ending balance, Amount		$ 1,842,177		$ 4		$ 4,508,042
Ethereum [Member]
Digital Currencies (Details) - Schedule of continuity of digital currencies [Line Items]
Beginning balance, Number
Beginning balance, Amount
Bitcoin mined, Number			[1]		[1]
Bitcoin mined, Amount			[1]		[1]
Bitcoin remitted to Northern Data, Number	[1]
Bitcoin remitted to Northern Data, Amount	[1]
Received from sale of property, plant and equipment, Number				63
Received from sale of property, plant and equipment, Amount				$ 204,318
Acquisition of digital currencies, Number
Acquisition of digital currencies, Amount
Digital currencies paid for services, Number
Digital currencies paid for services, Amount
Digital currencies traded for cash, Number		(200)
Digital currencies traded for cash, Amount		$ (269,001)
Digital currencies for loan repayment, Number
Digital currencies for loan repayment, Amount
Received from private placement, Number
Received from private placement, Amount
Acquisition (disposal) of digital currencies, Number				974
Acquisition (disposal) of digital currencies, Amount				$ 3,347,034
Acquisition of property, plant and equipment, Number				(36)
Acquisition of property, plant and equipment, Amount				$ (163,942)
Gain loss on sale of digital currencies, Number
Gain loss on sale of digital currencies, Amount				$ 55,881
Bitcoin traded for cash, Number
Bitcoin traded for cash, Amount
Gain on sale of bitcoin, Number
Gain on sale of bitcoin, Amount
Revaluation adjustment, Number			[2]		[2]
Revaluation adjustment, Amount		$ (2,493,511)	[2]	$ 277,701	[2]
Total				$ 372,099
Ending balance, Number		801		1,001
Ending balance, Amount		$ 958,480		$ 2
[1]During the year ended December 31, 2021, the Company entered into a Miner Lease Agreement and a hosting services agreement with Northern Data, NY LLC, pursuant to which the parties have agreed to split a portion of the mining rewards received and energy costs incurred for the miners put in service pursuant to these agreements. As at December 31, 2022, the Company must remit 19 Bitcoin (2021 - 62 Bitcoin) with a value of $322,099 (2021 - $2,940,412, 2020 - $0) which is presented in the current liabilities.[2]Digital assets held are revalued each reporting period based on the fair market value of the price of Bitcoin and Ethereum on the reporting date. As at December 31, 2022, the prices of Bitcoin and Ethereum were $16,548 (2021 - $47,117, 2020 - $29,002) and $1,197 (2021 - $3,718, 2020 - $738), respectively resulting in total revaluation loss of $8,010,913. The Company recorded $3,706,624 of the loss in other comprehensive loss, net of taxes of $1,047,759, and the remaining loss of $3,256,530 was recorded on the statement of comprehensive income.

Amounts Receivable and Prepai_3

Amounts Receivable and Prepaid Expenses (Details) - Schedule of amounts receivable and prepaid expenses - USD ($)	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Schedule of amounts receivable and prepaid expenses [Abstract]
Prepaid insurance and deposits	$ 741,350	$ 709,575
Receivable from Northern Data	492,825	911,200
Other receivable		187,529	161,919
Total	$ 1,234,175	$ 1,808,304	$ 161,919

Property, Plant and Equipment_2

Property, Plant and Equipment (Details)	12 Months Ended
	Dec. 31, 2022 USD ($)	May 12, 2021 Bitcoin
Property, Plant and Equipment [Abstract]
Performance bitcoin miners | Bitcoin		10,000
Impairment amount | $	$ 1,556,000
Performance bitcoin miners description	Included in this total are 10,000 high performance Bitcoin miners sourced from Northern Data AG per a definitive purchase agreement entered into on May 12, 2021.

Property, Plant and Equipment_3

Property, Plant and Equipment (Details) - Schedule of property plant and equipment - USD ($)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021		Dec. 31, 2020
Property, Plant and Equipment (Details) - Schedule of property plant and equipment [Line Items]
Cost, Beginning Balance	$ 43,210,347	$ 9,602,789
Cost, ending balance	57,709,393	43,210,347		9,602,789
Accumulated depreciation, Beginning Balance		3,105,155
Accumulated depreciation, depreciation	10,527,912	2,953,602
Impairment	1,556,000
Accumulated depreciation,disposal	(1,253,992)	(990,517)
Accumulated depreciation, ending balance	15,898,160	5,068,240
Net carrying value, beginning balance		38,142,107
Net carrying value, ending balance	41,811,233			38,142,107
Cost, additions	15,753,038	34,598,075		7,358,280
Cost, Disposal	(1,253,992)	(990,517)
Transfer asset in use
Acquired from RTO
Data miners [Member]
Property, Plant and Equipment (Details) - Schedule of property plant and equipment [Line Items]
Cost, Beginning Balance
Cost, ending balance	1,007,010
Accumulated depreciation, Beginning Balance
Accumulated depreciation, depreciation
Impairment
Accumulated depreciation,disposal
Accumulated depreciation, ending balance
Net carrying value, beginning balance
Net carrying value, ending balance	1,007,010
Cost, additions	1,007,010
Cost, Disposal
Transfer asset in use
Acquired from RTO
Equipment and other [Member]
Property, Plant and Equipment (Details) - Schedule of property plant and equipment [Line Items]
Cost, Beginning Balance	31,658,103	5,802,789
Cost, ending balance	30,404,111	31,658,103		5,802,789
Accumulated depreciation, Beginning Balance		2,538,211
Accumulated depreciation, depreciation	8,815,246	2,272,602
Impairment	1,556,000
Accumulated depreciation,disposal	(1,253,992)	(990,517)
Accumulated depreciation, ending balance	12,937,550	3,820,296
Net carrying value, beginning balance		27,837,807
Net carrying value, ending balance	17,466,561			27,837,807
Cost, additions		26,845,831	[1]	3,558,280
Cost, Disposal	(1,253,992)	(990,517)
Transfer asset in use
Acquired from RTO				2,244,509
Leasehold improvement [Member]
Property, Plant and Equipment (Details) - Schedule of property plant and equipment [Line Items]
Cost, Beginning Balance	3,363,324	2,760,000
Cost, ending balance	10,593,329	3,363,324		2,760,000
Accumulated depreciation, Beginning Balance		479,888
Accumulated depreciation, depreciation	591,329	577,000
Impairment
Accumulated depreciation,disposal
Accumulated depreciation, ending balance	1,648,217	1,056,888
Net carrying value, beginning balance		2,306,436
Net carrying value, ending balance	8,945,112			2,306,436
Cost, additions	7,669,386	603,324		2,760,000
Cost, Disposal
Transfer asset in use	(439,381)
Acquired from RTO
Powerplant in progress [Member]
Property, Plant and Equipment (Details) - Schedule of property plant and equipment [Line Items]
Cost, Beginning Balance	1,040,000	1,040,000
Cost, ending balance	1,079,542	1,040,000		1,040,000
Accumulated depreciation, Beginning Balance		87,056
Accumulated depreciation, depreciation	105,208	104,000
Impairment
Accumulated depreciation,disposal
Accumulated depreciation, ending balance	296,264	191,056
Net carrying value, beginning balance		848,944
Net carrying value, ending balance	783,278			848,944
Cost, additions	39,542			1,040,000
Cost, Disposal
Transfer asset in use
Acquired from RTO
Power plant in progress [Member]
Property, Plant and Equipment (Details) - Schedule of property plant and equipment [Line Items]
Cost, Beginning Balance	7,148,920
Cost, ending balance	10,967,335	7,148,920
Accumulated depreciation, Beginning Balance
Accumulated depreciation, depreciation
Impairment
Accumulated depreciation,disposal
Accumulated depreciation, ending balance
Net carrying value, beginning balance		7,148,920
Net carrying value, ending balance	10,967,335			7,148,920
Cost, additions	7,037,100	7,148,920
Cost, Disposal
Transfer asset in use	(3,218,685)
Acquired from RTO
Powerplant in use [Member]
Property, Plant and Equipment (Details) - Schedule of property plant and equipment [Line Items]
Cost, Beginning Balance
Cost, ending balance	3,658,066
Accumulated depreciation, Beginning Balance
Accumulated depreciation, depreciation	1,016,129
Impairment
Accumulated depreciation,disposal
Accumulated depreciation, ending balance	1,016,129
Net carrying value, beginning balance
Net carrying value, ending balance	2,641,937
Cost, additions
Cost, Disposal
Transfer asset in use	$ 3,658,066
Acquired from RTO
[1]Included in this total are 10,000 high performance Bitcoin miners sourced from Northern Data AG per a definitive purchase agreement entered into on May 12, 2021.

Right-of-Use Assets (Details)

Right-of-Use Assets (Details) - USD ($)	1 Months Ended		12 Months Ended
	Apr. 30, 2022	Feb. 14, 2020	Dec. 31, 2021
Right-of-Use Assets [Abstract]
Right-of-use assets, description			the Company entered into a 99 year lease for the 1001 East Delavan facility in exchange for a one time prepayment of $2.3 million.
Right-of-use asset depreciated term			40 years
Leases term	5 years
Increase in right of use assets and liabilities (in Dollars)		$ 2,588,107
Borrowing rate		10%

Right-of-Use Assets (Details) -

Right-of-Use Assets (Details) - Schedule of right-of-use assets - USD ($)		12 Months Ended
		Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Schedule of Right of Use Assets [Abstract]
Balance, beginning of period		$ 2,078,599	$ 2,413,720
Additions	[1],[2]	602,172		2,588,107
Depreciation		(142,324)	(198,291)	(174,387)
Modification of lease	[3]		(136,830)
Balance, end of period		$ 2,538,447	$ 2,078,599	$ 2,413,720
[1]In April 2022, the Company entered into a lease for its head office for a term of 5 years.[2]On February 14, 2020, prior to the closing of the RTO Transaction, BIT Management, LLC, Nyam, LLC and BIT Mining International, LLC (collectively the “Sellers”, all companies controlled by the CEO of Digihost) sold to the Company leasehold improvements and equipment and transferred and assigned the lease of the 1001 East Delavan facility. As consideration, the transaction resulted in an increase in right of use assets and liabilities of $2,588,107. When measuring lease liability, the Company’s incremental borrowing rate applied was estimated to be 10% per annum.[3]On December 31, 2021, the Company entered into a 99 year lease for the 1001 East Delavan facility in exchange for a one time prepayment of $2.3 million. This long-term lease is treated as a lease modification of the current lease. This right-of-use asset is depreciated over 40 years. The lease for this right-of-use assets has been modified because of the prepayment as the Company has acquired the premises under a long-term lease.

Intangible Asset (Details) - Sc

Intangible Asset (Details) - Schedule of intangible asset relates to the right of use of an electric power facility - USD ($)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Schedule of intangible asset relates to the right of use of an electric power facility [Abstract]
Balance, beginning of period	$ 1,443,260	$ 1,572,500
Addition at cost			1,680,000
Amortization	(129,232)	(129,240)	(107,500)
Balance, end of period	$ 1,314,028	$ 1,443,260	$ 1,572,500

Goodwill (Details)

Goodwill (Details)	12 Months Ended
	Dec. 31, 2022 USD ($)
Goodwill (Details) [Line Items]
Impairment of goodwill (in Dollars)	$ 1,260,783
Capital expenditures and expenses period	5 years
Bottom of range [member]
Goodwill (Details) [Line Items]
Discount rate	20%
Top of range [member]
Goodwill (Details) [Line Items]
Discount rate	22%
Monthly Bitcoin [Member]
Goodwill (Details) [Line Items]
Average growth rate	2.20%
Difficulty [Member]
Goodwill (Details) [Line Items]
Average growth rate	2.80%
Terminal [Member]
Goodwill (Details) [Line Items]
Average growth rate	2.50%

Goodwill (Details) - Schedule o

Goodwill (Details) - Schedule of goodwill - USD ($)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Schedule of Goodwill [Abstract]
Balance, beginning of period	$ 1,346,904	$ 1,342,281
RTO Transaction			1,289,906
Impairment	(1,260,783)
Foreign currency translation	(86,121)	4,623	52,375
Balance, end of period		$ 1,346,904	$ 1,342,281

Promissory Note Receivable (Det

Promissory Note Receivable (Details)	Dec. 31, 2021 USD ($)
Promissory Note Receivable [Abstract]
Principal amount	$ 800,000
Interest rate	6%

Lease liabilities (Details)

Lease liabilities (Details) - USD ($)	1 Months Ended
	Apr. 30, 2022	Feb. 14, 2020	Dec. 31, 2021
Lease Liabilities [Abstract]
Prepayments			$ 2,300,000
Lease term	5 years
Borrowing rate percentage	10%
Right of use assets and liabilities		$ 2,588,107
Borrowing rate		10%

Lease liabilities (Details) - S

Lease liabilities (Details) - Schedule of the lease liabilities - USD ($)		12 Months Ended
		Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Schedule of The Lease Liabilities [Abstract]
Balance, beginning of period			$ 2,546,160
Additions	[1],[2]	602,172		2,588,107
Interest		41,299	236,680	216,434
Lease payments		(96,000)	(2,647,669)	(258,381)
Modification of lease	[3]		(135,171)
Balance, end of period		547,471		2,546,160
Current portion		99,957		111,672
Non-current portion		447,514		2,434,488
Total lease liabilities		$ 547,471		$ 2,546,160
[1]In April 2022, the Company entered into a lease for its head office for a term of 5 years. When measuring lease liability, the Company’s incremental borrowing rate applied was estimated to be 10% per annum.[2]On February 14, 2020, prior to the closing of the RTO Transaction, BIT Management, LLC, Nyam, LLC and BIT Mining International, LLC (collectively the “Sellers”, all companies controlled by the CEO of Digihost) sold to the Company leasehold improvements and equipment and transferred and assigned the lease of the 1001 East Delavan facility. As consideration, the transaction resulted in an increase in right of use assets and liabilities of $2,588,107. When measuring lease liability, the Company’s incremental borrowing rate applied was estimated to be 10% per annum.[3]On December 31, 2021, the Company entered into a 99-year lease for the 1001 East Delavan facility in exchange for a one-time prepayment of $2.3 million. This long-term lease is treated as a lease modification of the current lease. Refer to note 6.

Lease liabilities (Details) -_2

Lease liabilities (Details) - Schedule of maturity analysis - contractual undiscounted cash flows	Dec. 31, 2022 USD ($)
Schedule of Maturity Analysis Contractual Undiscounted Cash Flows [Abstract]
Less than one year	$ 146,880
One to five years	521,635
Total undiscounted lease obligations	$ 668,515

Loans Payable (Details)

Loans Payable (Details)	Mar. 02, 2022 USD ($)
Loans Payable [Abstract]
Credit facility loans payable	$ 10,000,000
Interest rate	7.50%

Loans Payable (Details) - Sched

Loans Payable (Details) - Schedule of loans payable - USD ($)		12 Months Ended
		Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Schedule of Loans Payable [Abstract]
Balance, beginning of the period			$ 2,543,083
New loans	[1]	10,000,000	1,432,000	2,543,083
Repayment of loans		(10,000,000)	(3,975,083)
Balance, end of the period				$ 2,543,083
[1]On March 2, 2022, the Company announced the closing of a $10,000,000 committed, collateralized revolving credit facility with Securitize, Inc. (the “Loan Facility”). The Loan Facility had a one-year committed term and an interest rate of 7.5% per annum.

Mortgage payable (Details)

Mortgage payable (Details)	Jun. 30, 2022 USD ($)
Mortgage payable [Abstract]
Borrowing rate	7%
Interest payable	$ 44,500
Maturity date	September 2024
Net book value.	$ 2,651,500

Mortgage payable (Details) - Sc

Mortgage payable (Details) - Schedule of incremental borrowing rate - USD ($)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Mortgage payable (Details) - Schedule of incremental borrowing rate [Line Items]
Balance, beginning of period
Additions	993,912
Interest	16,715
Payments	(133,500)
Balance, end of period	877,127
Current portion	488,062
Non-current portion	389,065
Total mortgage payable	$ 877,127

Mortgage payable (Details) - _2

Mortgage payable (Details) - Schedule of contractual undiscounted cash flows	Dec. 31, 2022 USD ($)
Mortgage payable (Details) - Schedule of contractual undiscounted cash flows [Line Items]
Total undiscounted mortgage obligations	$ 934,500
Less Than One Year [Member]
Mortgage payable (Details) - Schedule of contractual undiscounted cash flows [Line Items]
Total undiscounted mortgage obligations	534,000
One to five years [Member]
Mortgage payable (Details) - Schedule of contractual undiscounted cash flows [Line Items]
Total undiscounted mortgage obligations	$ 400,500

Warrant liabilities (Details) -

Warrant liabilities (Details) - Schedule of the warrant liabilities - USD ($)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Schedule of the warrant liabilities [Abstract]
Number of warrants, Beginning balance
Amount, Beginning balance
Number of warrants, Warrants issued	3,029,748	9,098,514	36,858
Warrants issued	$ 7,007,643	$ 33,989,639	$ 193,505
Number of warrants, Warrants cancelled (note 14(b)(ix))	(3,029,748)
Warrants cancelled (note 14(b)(ix))	$ (5,887,840)
Number of warrants, Pre-funded warrants issued (note 14(b)(ix))	300,000
Pre-funded warrants issued (note 14(b)(ix))	$ 927,463
Number of warrants, Pre-funded warrants exercised (note 14(b)(ix))	(300,000)
Pre-funded warrants exercised (note 14(b)(ix))	$ (927,463)
Number of warrants, Revaluation of warrant liabilities
Revaluation of warrant liabilities	$ (32,010,637)	$ (1,551,013)
Number of warrants, Foreign currency translation
Foreign currency translation	$ (230,834)	$ (495,261)
Number of warrants, Expired			(36,858)
Expired			$ 193,505
Number of warrants, Ending balance	9,098,514	9,098,514
Amount, Ending balance	$ 821,697	$ 31,943,365

Warrant liabilities (Details)_2

Warrant liabilities (Details) - Schedule of fair value warrants	12 Months Ended
	Dec. 31, 2022 USD ($)	Dec. 31, 2022 $ / shares	Dec. 31, 2021 USD ($)	Dec. 31, 2021 $ / shares
Warrant liabilities (Details) - Schedule of fair value warrants [Line Items]
Spot price (in CAD$) (in Dollars per share) | $ / shares		$ 0.47		$ 5.97
Risk-free interest rate	4.07%		1.03%
Expected annual volatility	143%		147%
Expected life (years)	2 years 3 days		2 years 8 months 19 days
Dividend (in Dollars) | $
Issued [Member]
Warrant liabilities (Details) - Schedule of fair value warrants [Line Items]
Spot price (in CAD$) (in Dollars per share) | $ / shares		$ 3.78		$ 6.04
Risk-free interest rate	1.62%		0.66%
Expected annual volatility	145%		139%
Expected life (years)	3 years 6 months		3 years 5 months 4 days
Dividend (in Dollars) | $

Warrant liabilities (Details)_3

Warrant liabilities (Details) - Schedule of warrants outstanding and exercisable - $ / shares	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Warrant liabilities (Details) - Schedule of warrants outstanding and exercisable [Line Items]
Warrants outstanding and exercisable	9,098,514	9,098,514	36,858
Weighted average exercise price	$ 7.04	$ 7.64	$ 5.25
March 16, 2024 [Member]
Warrant liabilities (Details) - Schedule of warrants outstanding and exercisable [Line Items]
Expiry date	Mar. 16, 2024	Mar. 16, 2024
Warrants outstanding and exercisable	1,872,659	3,121,099
Weighted average exercise price	$ 9.42	$ 9.42
June 18, 2024 [Member]
Warrant liabilities (Details) - Schedule of warrants outstanding and exercisable [Line Items]
Expiry date	Jun. 18, 2024	Jun. 18, 2024
Warrants outstanding and exercisable	2,083,334	2,083,334
Weighted average exercise price	$ 5.97	$ 5.97
April 9, 2025 [Member]
Warrant liabilities (Details) - Schedule of warrants outstanding and exercisable [Line Items]
Expiry date	Apr. 09, 2025	Apr. 09, 2025
Warrants outstanding and exercisable	2,112,773	3,894,081
Weighted average exercise price	$ 7.11	$ 7.11
September 9, 2025 [Member]
Warrant liabilities (Details) - Schedule of warrants outstanding and exercisable [Line Items]
Expiry date	Sep. 09, 2025
Warrants outstanding and exercisable	3,029,748
Weighted average exercise price	$ 6.25
August 14, 2021 [Member]
Warrant liabilities (Details) - Schedule of warrants outstanding and exercisable [Line Items]
Expiry date			Aug. 14, 2021
Warrants outstanding and exercisable			36,858
Weighted average exercise price			$ 5.25

Share capital (Details)

Share capital (Details)														1 Months Ended															12 Months Ended
	Nov. 01, 2022 USD ($) shares	Mar. 09, 2022 USD ($) shares	Mar. 09, 2022 CAD ($) shares	Mar. 09, 2022 USD ($) $ / shares shares	Mar. 09, 2022 CAD ($) $ / shares shares	Apr. 09, 2021 USD ($) shares	Apr. 09, 2021 CAD ($) $ / shares shares	Mar. 16, 2021 $ / shares	Feb. 09, 2021 USD ($) shares	Jan. 08, 2021 USD ($) shares	Jan. 08, 2021 CAD ($) $ / shares shares	Jan. 05, 2021 $ / shares	Dec. 07, 2020 shares	Dec. 31, 2022 USD ($) shares	Sep. 30, 2022 USD ($)	May 31, 2022 shares	Nov. 30, 2021 USD ($) shares	Jun. 22, 2021 $ / shares	Jun. 18, 2021 USD ($) shares	Jun. 18, 2021 CAD ($) $ / shares shares	May 17, 2021 $ / shares	Mar. 26, 2021 $ / shares	Mar. 16, 2021 USD ($) shares	Mar. 16, 2021 CAD ($) $ / shares shares	Feb. 24, 2021 $ / shares	Feb. 18, 2021 USD ($) shares	Feb. 18, 2021 CAD ($) $ / shares shares	Feb. 14, 2020 USD ($) shares	Dec. 31, 2022 USD ($) shares	Dec. 31, 2022 USD ($) $ / shares	Dec. 31, 2021 USD ($) shares	Dec. 31, 2020 USD ($) shares	Dec. 31, 2019 USD ($) shares	Dec. 31, 2019 CAD ($) $ / shares shares
Share capital (Details) [Line Items]
Voting shares description																													Unlimited subordinate voting shares without par value and conferring 1 vote per share.Unlimited proportionate voting shares without par value, conferring 200 votes per share, convertible at the holder’s option into subordinate voting shares on a basis of 200 subordinate voting shares for 1 proportionate voting shares.
Aggregate gross proceeds																																	$ 4,064,431	$ 5,395,338
Common shares issued (in Shares) | shares																												164,000					1,827,304	1,827,304
Subordinate voting per share (in Dollars per share) | $ / shares							$ 7.11				$ 2.43									$ 5.97				$ 8.01			$ 2.43							$ 2.88
Subordinate voting shares (in Shares) | shares						3,894,081	3,894,081		66,667	116,625	116,625		667,894				16,136		2,777,779	2,777,779			3,121,099	3,121,099		1,646,090	1,646,090					1,864,162	36,858	36,858
Warrants issued (in Shares) | shares																																36,858
Estimated value																																$ 20,000
Proportionate voting shares (in Shares) | shares																																3,333
Lease shares (in Shares) | shares																												1,001
Transactions cost																												$ 2,760,000
leasehold improvements																												1,040,000
Intangible assets																												1,680,000
Assets																												2,588,107
Record share capital																												$ 5,480,000
RTO transaction description																												On February 14, 2020, there was a RTO Transaction between Old Digihost and HashChain. In connection with completion of the RTO Transaction, HashChain acquired all the issued and outstanding shares of Old Digihost in exchange for 9,940,000 subordinate voting shares of the Company. In substance, the transaction involves Old Digihost shareholders obtaining control of the Company; accordingly, the transaction is considered to be a reverse acquisition transaction under which Old Digihost is identified as the accounting acquirer. The common shares issued were valued based on the HashChain closing price of CAD$0.60 on the TSXV on February 14, 2020 (Fair value of 6,530,560 subordinate voting shares of HashChain $2,957,458)(v) On February 14, 2020, the Company issued 43,537 subordinate voting shares as settlement of payables of $59,149.
Subordinate voting shares cancelled (in Shares) | shares																1,219,762															164,533
Total repurchase price																															$ 600,865
Settlement of payables	$ 92,825								$ 40,000								$ 40,000															$ 532,911
Gross proceeds				$ 10,424,453	$ 13,330,861	$ 19,748,795	$ 25,000,000			$ 220,551	$ 283,400								$ 12,025,016	$ 15,000,000			$ 19,985,611	$ 25,000,000		$ 3,124,018	$ 4,000,000
Commission (in Shares) | shares																										49,383	49,383
Fair value to the warrants																							14,214,397
Expenses totaling																													$ 1,080,584
Non-transferable broker warrants (in Shares) | shares																													242,380
Voting per share (in Dollars per share) | $ / shares							$ 6.42
Total issuance cost						2,817,223													1,664,562				3,103,007						$ 695,170		4,973,051
Net loss as the cost of issuance						2,008,069													767,579				2,197,403
Fair value						$ 1,121,763													$ 581,060				$ 1,124,704						$ 32,010,637		1,551,013
Broker warrants (in Shares) | shares																							249,688	249,688					242,380
Share per price (in Dollars per share) | $ / shares							$ 5.49													$ 4.56				$ 7.71
Expected dividend						0%	0%												0%	0%			0%	0%					0%
Expected volatility						143%	143%					155%						105%			105%	155%	235%	235%	155%
Risk-free interest rate						0.77%	0.77%					0.39%						0.95%	0.63%	0.63%	0.95%	0.90%	0.53%	0.53%	0.73%
Fair value warrants		$ 7,007,643				$ 14,205,769													$ 5,569,473										$ 535,009
Per share (in Dollars per share) | $ / shares																				$ 5.4
Fair values of broker warrants																			$ 581,060
Subordinate voting value	$ 13,816																$ 40,000
Subordinate voting shares (in Shares) | shares	19,391	2,729,748	2,729,748											165,200															1,248,440
Purchase price (in Dollars)			$ 4.4
Pre-funded warrants (in Shares) | shares				300,000	300,000
Exercise price | (per share)				$ 0.0001				$ 9.42				$ 3.75						$ 4.2			$ 7.35	$ 7.47			$ 13.92					$ 6.25
Offering price per share (in Dollars per share) | $ / shares					$ 4.3999
Common shares (in Shares) | shares				3,029,748	3,029,748
Exercise price per share (in Dollars per share) | $ / shares					$ 6.25		$ 7.11																							$ 6.25
Cash received															$ 30
Initial issuance costs															$ 927,463
Warrant expiry term																													Mar. 16, 2024
Increase in share capital														$ 39,602,634															$ 39,602,634	$ 39,602,634	$ 31,423,095	$ 12,541,038
Total proceeds private placement warrants																													15,255,979
Issuance costs																													1,615,593
Net income as the cost of issuance																													695,170
Reduction warrants																													102,138
Grant date fair value																													535,009
Share price (in Dollars per share) | $ / shares												$ 2.76						$ 4.02			$ 7.86	$ 6.87			$ 13.92					$ 3.78
Total repurchase price														255,525
Private Placements [Member]
Share capital (Details) [Line Items]
Subordinate voting shares (in Shares) | shares						3,894,081	3,894,081												2,777,779	2,777,779			3,121,099	3,121,099
Increase in share capital														$ 5,887,616															$ 5,887,616	$ 5,887,616
Warrant [Member]
Share capital (Details) [Line Items]
Subordinate voting per share (in Dollars per share) | $ / shares							$ 8.025													$ 6.75				$ 9.42
Subordinate voting shares (in Shares) | shares						3,894,081	3,894,081												2,083,334	2,083,334			3,121,099	3,121,099
Fair value to the warrants																							$ 1,124,704
Voting per share (in Dollars per share) | $ / shares																								$ 10.01
Expected volatility																			136%	136%									136%
Risk-free interest rate																													1.62%
Fair value warrants		$ 1,022,915
Subordinate voting shares (in Shares) | shares						1,781,308	1,781,308
Warrant expiry term																													Apr. 09, 2025
Private Placements [Member]
Share capital (Details) [Line Items]
Subordinate voting per share (in Dollars per share) | $ / shares																																		$ 3.6
H.C. Wainwright & Co [Member]
Share capital (Details) [Line Items]
Subordinate voting per share (in Dollars per share) | $ / shares																																		$ 5.25
Ordinary shares [member]
Share capital (Details) [Line Items]
Subordinate voting shares (in Shares) | shares																																1,864,162
CEO [Member]
Share capital (Details) [Line Items]
Subordinate voting shares (in Shares) | shares																																666,666
H.C. Wainwright & Co [Member]
Share capital (Details) [Line Items]
Expenses totaling						$ 1,695,460													$ 1,164,466				$ 1,978,303
Non-transferable broker warrants (in Shares) | shares						311,526	311,526												222,222	222,222			249,688	249,688
Fair value						$ 1,121,763
H.C. Wainwright & Co [Member] | Warrant [Member]
Share capital (Details) [Line Items]
Subordinate voting per share (in Dollars per share) | $ / shares							$ 8.025													$ 6.75
Voting per share (in Dollars per share) | $ / shares																								$ 10.01

Warrants (Details) - Schedule o

Warrants (Details) - Schedule of warrants - $ / shares	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Schedule of Warrants [Abstract]
Number of Warrants, beginning	783,436	36,858
Weighted Average Exercise Price (CAD$), beginning	$ 8.3	$ 5.25
Number of Warrants, ending	1,025,816	783,436	36,858
Weighted Average Exercise Price (CAD$), ending	$ 7.81	$ 8.3	$ 5.25
Number of Warrants, Issued	242,380	783,436	36,858
Weighted Average Exercise Price (CAD$), Issued	$ 6.25	$ 8.3	$ 5.25
Expired		(36,858)
Expired		$ 5.25

Warrants (Details) - Schedule_2

Warrants (Details) - Schedule of warrants issued and outstanding - $ / shares		12 Months Ended
		Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Warrants (Details) - Schedule of warrants issued and outstanding [Line Items]
Number of Warrants Outstanding		1,025,816	783,436	36,858
Exercise Price (CAD$)		$ 7.81	$ 8.3	$ 5.25
Weighted Average Contractual Life (years)		1 year 11 months 8 days	2 years 8 months 15 days	10 months 13 days
March 16, 2024 One [Member]
Warrants (Details) - Schedule of warrants issued and outstanding [Line Items]
Number of Warrants Outstanding	[1]	249,688	249,688
Exercise Price (CAD$)	[1]	$ 10.01	$ 10.01
Weighted Average Contractual Life (years)	[1]	1 year 2 months 15 days	2 years 2 months 15 days
Expiry Date	[1]	March 16, 2024(1)	March 16, 2024(1)
June 18, 2024 One [Member]
Warrants (Details) - Schedule of warrants issued and outstanding [Line Items]
Number of Warrants Outstanding	[1]	222,222	222,222
Exercise Price (CAD$)	[1]	$ 6.75	$ 6.75
Weighted Average Contractual Life (years)	[1]	1 year 5 months 19 days	2 years 5 months 19 days
Expiry Date	[1]	June 18, 2024(1)	June 18, 2024(1)
April 9, 2025 One [Member]
Warrants (Details) - Schedule of warrants issued and outstanding [Line Items]
Number of Warrants Outstanding	[1]	311,526	311,526
Exercise Price (CAD$)	[1]	$ 8.025	$ 8.025
Weighted Average Contractual Life (years)	[1]	2 years 3 months 7 days	3 years 3 months 7 days
Expiry Date	[1]	April 9, 2025(1)	April 9, 2025(1)
September 9, 2023 One [Member]
Warrants (Details) - Schedule of warrants issued and outstanding [Line Items]
Number of Warrants Outstanding	[1]	242,380
Exercise Price (CAD$)	[1]	$ 6.25
Weighted Average Contractual Life (years)	[1]	2 years 8 months 8 days
Expiry Date	[1]	September 9, 2025(1)
August 14, 2021 One [Member]
Warrants (Details) - Schedule of warrants issued and outstanding [Line Items]
Number of Warrants Outstanding				36,858
Exercise Price (CAD$)				$ 5.25
Weighted Average Contractual Life (years)				10 months 13 days
Expiry Date				August 14, 2021
[1]Broker warrants.

Options and restricted share _3

Options and restricted share units (Details)					1 Months Ended						12 Months Ended
	Mar. 09, 2022 $ / shares	Apr. 09, 2021	Mar. 16, 2021 $ / shares	Jan. 05, 2021 $ / shares shares	Jun. 22, 2021 $ / shares shares	Jun. 18, 2021	May 17, 2021 $ / shares shares	Mar. 26, 2021 $ / shares shares	Mar. 16, 2021	Feb. 24, 2021 $ / shares shares	Dec. 31, 2022 USD ($) shares	Dec. 31, 2022 $ / shares	Dec. 31, 2021 USD ($)	Dec. 31, 2020 USD ($)
Options and restricted share units (Details) [Line Items]
Exercise price | $ / shares				$ 3.75	$ 4.2		$ 7.35	$ 7.47		$ 13.92		$ 8.88
Aggregate of common shares (in Shares) | shares				550,164	260,000		430,000	533,333		50,000
Exercise price per share | (per share)	$ 0.0001		$ 9.42	$ 3.75	$ 4.2		$ 7.35	$ 7.47		$ 13.92		6.25
Share price | $ / shares				$ 2.76	$ 4.02		$ 7.86	$ 6.87		$ 13.92		$ 3.78
Stock options on date of grant (in Shares) | shares				550,164	260,000		430,000	533,333		50,000
Estimated price | $ / shares				$ 3.03	$ 3.06		$ 6.09	$ 7.47		$ 12.78
Expected dividend yield				0%	0%		0%	0%		0%
Expected volatility		143%		155%	105%		105%	155%	235%	155%
Risk free interest rate		0.77%		0.39%	0.95%	0.63%	0.95%	0.90%	0.53%	0.73%
Share based compensation expense (in Dollars) | $													$ 7,804,271	$ 1,247,551
Granted shares (in Shares) | shares											1,449,250
Grant date fair value of the RSUs (in Dollars) | $											$ 5,725,262
Stock options [Member]
Options and restricted share units (Details) [Line Items]
Issued and outstanding shares percentage											10%
Share based compensation expense (in Dollars) | $											$ 3,296,238

Options and restricted share _4

Options and restricted share units (Details) - Schedule of continuity of stock options - $ / shares		12 Months Ended
		Dec. 31, 2022	Dec. 31, 2021		Dec. 31, 2020
Schedule of Continuity of Stock Options [Abstract]
Number of Stock Options, Beginning balance		2,345,165	625,000
Weighted Average Exercise Price (CAD$), Beginning balance (in Dollars per share)		$ 5.28	$ 2.88
Number of RSUs, Beginning balance
Number of Stock Options, Beginning balance		1,191,834	2,345,165		625,000
Weighted Average Exercise Price (CAD$), Beginning balance (in Dollars per share)		$ 5.11	$ 5.28		$ 2.88
Number of RSUs, Beginning balance		1,439,250
Number of Stock Options, Granted			1,823,497	[1],[2],[3],[4],[5]	625,000
Weighted Average Exercise Price, Granted (in Dollars per share)			$ 6.03	[1],[2],[3],[4],[5]	$ 2.88
Number of RSUs, Granted		1,449,250
Number of Stock Options, Exercised	[6]		(75,000)
Weighted Average Exercise Price, Exercised (in Dollars per share)	[6]		$ 3.17
Number of Stock Options, Expired / cancelled		(1,153,331)	(28,332)
Weighted Average Exercise Price (CAD$), Expired / cancelled (in Dollars per share)		$ 5.46	$ 6.09
Number of RSUs, cancelled		(10,000)
[1]On February 24, 2021, the Company granted stock options to consultants of the Company to acquire an aggregate of 50,000 subordinate voting shares. Each stock option is exercisable into a subordinate voting share at a price of CAD$13.92 and expire on February 24, 2026. The stock options vested immediately. A value of CAD$12.78 per option was estimated for the 50,000 stock options on the date of grant with the following assumptions and inputs: share price of CAD$13.92; exercise price of CAD$13.92; expected dividend yield of 0%; expected volatility of 155% which is based on comparable companies; risk-free interest rate of 0.73%; and an expected average life of five years.[2]On January 5, 2021, the Company granted stock options to directors, officers, employees and consultants of the Company to acquire an aggregate of 550,164 subordinate voting shares. Each stock option is exercisable into a subordinate voting share at a price of CAD$3.75 and expire on January 5, 2026. The stock options vest fully on the six-month anniversary of the date of grant. A value of CAD$2.76 per option was estimated for the 550,164 stock options on the date of grant with the following assumptions and inputs: share price of CAD$3.03; exercise price of CAD$3.75; expected dividend yield of 0%; expected volatility of 155% which is based on comparable companies; risk-free interest rate of 0.39%; and an expected average life of five years.[3]On June 22, 2021, the Company granted stock options to directors, officers, employees and consultants of the Company to acquire an aggregate of 260,000 subordinate voting shares. Each stock option is exercisable into a subordinate voting share at a price of CAD$4.20 and expire on June 22, 2026. The stock options vest fully on the six-month anniversary of the date of grant. A value of CAD$3.06 per option was estimated for the 260,000 stock options on the date of grant with the following assumptions and inputs: share price of CAD$4.02; exercise price of CAD$4.20; expected dividend yield of 0%; expected volatility of 105% which is based on comparable companies; risk-free interest rate of 0.95%; and an expected average life of five years.[4]On March 26, 2021, the Company granted stock options to directors, officers, employees and consultants of the Company to acquire an aggregate of 533,333 subordinate voting shares. Each stock option is exercisable into a subordinate voting share at a price of CAD$7.47 and expire on March 25, 2026. The stock options vest fully on the six-month anniversary of the date of grant. A value of CAD$6.87 per option was estimated for the 533,333 stock options on the date of grant with the following assumptions and inputs: share price of CAD$7.47; exercise price of CAD$7.47; expected dividend yield of 0%; expected volatility of 155% which is based on comparable companies; risk-free interest rate of 0.90%; and an expected average life of five years.[5]On May 17, 2021, the Company granted stock options to directors, officers, employees and consultants of the Company to acquire an aggregate of 430,000 subordinate voting shares. Each stock option is exercisable into a subordinate voting share at a price of CAD$7.35 and expire on May 17, 2026. The stock options vest fully on the six-month anniversary of the date of grant. A value of CAD$6.09 per option was estimated for the 430,000 stock options on the date of grant with the following assumptions and inputs: share price of CAD$7.86; exercise price of CAD$7.35; expected dividend yield of 0%; expected volatility of 105% which is based on comparable companies; risk-free interest rate of 0.95%; and an expected average life of five years.[6]The market price on the date of exercise was CAD$8.88.

Options and restricted share _5

Options and restricted share units (Details) - Schedule of stock options issued and outstanding - $ / shares	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Options and restricted share units (Details) - Schedule of stock options issued and outstanding [Line Items]
Exercise Price (CAD$) (in Dollars per share and Dollars per share)	$ 5.11	$ 5.28	$ 0.96
Weighted Average Remaining Contractual Life (years)	2 years 10 months 2 days	4 years 11 months 15 days	4 years 4 months 17 days
Number of Options Outstanding	1,191,834	2,345,165	625,000
Number of Options Vested (exercisable)	1,191,834	2,345,165	625,000
Number of Options Unvested
February 14, 2025 [Member]
Options and restricted share units (Details) - Schedule of stock options issued and outstanding [Line Items]
Exercise Price (CAD$) (in Dollars per share and Dollars per share)	$ 2.88	$ 2.88	$ 0.96
Weighted Average Remaining Contractual Life (years)	2 years 1 month 17 days	3 years 1 month 17 days	4 years 4 months 17 days
Number of Options Outstanding	408,334	575,000	625,000
Number of Options Vested (exercisable)	408,334	575,000	625,000
Number of Options Unvested
January 5, 2026 [Member]
Options and restricted share units (Details) - Schedule of stock options issued and outstanding [Line Items]
Exercise Price (CAD$) (in Dollars per share and Dollars per share)	$ 3.75	$ 3.75
Weighted Average Remaining Contractual Life (years)	3 years 7 days	4 years 7 days
Number of Options Outstanding	258,498	525,164
Number of Options Vested (exercisable)	258,498	525,164
Number of Options Unvested
February 24, 2026 [Member]
Options and restricted share units (Details) - Schedule of stock options issued and outstanding [Line Items]
Exercise Price (CAD$) (in Dollars per share and Dollars per share)	$ 13.92	$ 13.92
Weighted Average Remaining Contractual Life (years)	3 years 1 month 28 days	4 years 1 month 24 days
Number of Options Outstanding	50,000	50,000
Number of Options Vested (exercisable)	50,000	50,000
Number of Options Unvested
March 25, 2026 [Member]
Options and restricted share units (Details) - Schedule of stock options issued and outstanding [Line Items]
Exercise Price (CAD$) (in Dollars per share and Dollars per share)	$ 7.47	$ 7.47
Weighted Average Remaining Contractual Life (years)	3 years 2 months 23 days	4 years 2 months 23 days
Number of Options Outstanding	233,334	525,000
Number of Options Vested (exercisable)	233,334	525,000
Number of Options Unvested
May 17, 2026 [Member]
Options and restricted share units (Details) - Schedule of stock options issued and outstanding [Line Items]
Exercise Price (CAD$) (in Dollars per share and Dollars per share)	$ 7.35	$ 7.35
Weighted Average Remaining Contractual Life (years)	3 years 4 months 17 days	4 years 4 months 17 days
Number of Options Outstanding	155,000	421,667
Number of Options Vested (exercisable)	155,000	421,667
Number of Options Unvested
June 22, 2026 [Member]
Options and restricted share units (Details) - Schedule of stock options issued and outstanding [Line Items]
Exercise Price (CAD$) (in Dollars per share and Dollars per share)	$ 4.2	$ 4.2
Weighted Average Remaining Contractual Life (years)	3 years 5 months 23 days	4 years 5 months 23 days
Number of Options Outstanding	86,668	248,334
Number of Options Vested (exercisable)	86,668	248,334
Number of Options Unvested

Income (loss) per share (Detail

Income (loss) per share (Details) - Schedule of income (loss) per share - USD ($)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Schedule of income (loss) per share [Abstract]
Net income (loss) for the year	$ 4,329,342	$ (3,132,693)	$ (5,190,713)
Net income (loss) per share - basic	$ 0.16	$ (0.14)	$ (0.44)
Net income (loss) per share - diluted	$ 0.16	$ (0.14)	$ (0.44)
Weighted average number of shares outstanding - basic	27,227,284	21,781,806	11,715,524
Weighted average number of shares outstanding - diluted	27,227,284	21,781,806	11,715,524

Related Party Transactions (Det

Related Party Transactions (Details) - Schedule of remuneration of key management personnel - USD ($)		12 Months Ended
		Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Schedule of Remuneration of Key Management Personnel [Abstract]
Professional fees	[1]	$ 307,534	$ 91,249	$ 40,491
Salaries	[1]	833,717	144,231
Share based compensation	[2]	3,092,012	6,016,173	1,047,943
Total		$ 4,233,263	$ 6,251,653	$ 1,088,434
[1] Represents the professional fees and salaries paid to officers and directors. Represents the share based compensation for officers and directors.

Cash flow supplemental inform_3

Cash flow supplemental information (Details) - Schedule of cash flow supplemental information - USD ($)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Digital currencies items
Digital currencies mined	$ (24,190,060)	$ (24,952,344)	$ (3,553,362)
Acquisition of digital currencies	(3,932,000)
Miner lease and hosting	9,768,179	3,469,287
Loss on digital currency option calls	1,950,000
Services paid in digital currencies	739,024
Loss (gain) on sale of digital currencies	11,574,330	(290,948)	(62,799)
Interest paid in digital currencies	216,329
Digital currencies traded for cash	16,016,280
Loss on revaluation of digital currencies	3,386,890
Total	15,528,972	(21,774,005)	(3,616,161)
Working capital items
Amounts receivable and prepaid expenses	574,129	(1,604,703)	(275,294)
Accounts payable and accrued liabilities	72,325	842,584	761,560
Income tax payable	(550,000)
Deposit payable	(1,277,500)	1,788,500
Total	$ (1,181,046)	$ 1,026,381	$ 486,266

Additional information on the_3

Additional information on the nature of comprehensive income (loss) components (Details) - Schedule of additional information on the nature of comprehensive loss components - USD ($)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Expenses for employee benefits
Operating and maintenance costs	$ 444,400	$ 528,658	$ 182,628
Professional fees	307,534	91,249	40,491
Share based compensation	3,296,238	7,804,271	1,247,551
Expenses for employee benefits	4,048,172	8,424,178	1,460,670
Net financial expenses
Interest on loans	238,204	96,134	41,992
Interest on lease liabilities	16,074	236,680	216,435
Net financial expenses	$ 254,278	$ 332,814	$ 258,427

Segmented Reporting (Details)

Segmented Reporting (Details)	12 Months Ended
	Dec. 31, 2022
Segmented Reporting [Abstract]
Number of operating segment	1

Segmented Reporting (Details) -

Segmented Reporting (Details) - Schedule of geographic segmentation - USD ($)	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Segmented Reporting (Details) - Schedule of geographic segmentation [Line Items]
Current assets	$ 6,129,853	$ 36,216,005	$ 4,693,466
Non-current assets	46,469,708	43,810,870	11,826,135
Total assets	52,599,561	80,026,875	16,519,601
Canada [Member]
Segmented Reporting (Details) - Schedule of geographic segmentation [Line Items]
Current assets	29,372	179,396
Non-current assets		1,346,904	1,342,281
Total assets	29,372	1,526,300	1,342,281
United States [Member]
Segmented Reporting (Details) - Schedule of geographic segmentation [Line Items]
Current assets	6,100,481	36,036,609	4,693,466
Non-current assets	46,469,708	42,463,966	10,483,854
Total assets	$ 52,570,189	$ 78,500,575	$ 15,177,320

Financial instruments and ris_3

Financial instruments and risk management (Details) - USD ($)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Disclosure of Nature and Extent of Risks Arising From Financial Instruments Text Block [Abstract]
Other variables percentage	10%
Value of asset	$ 280,066	$ 3,055,157	$ 450,804

Financial instruments and ris_4

Financial instruments and risk management (Details) - Schedule of corporation’s significant financial liabilities - USD ($)	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Schedule of corporation’s significant financial liabilities [Abstract]
Accounts payable and accrued liabilities	$ 2,345,175	$ 2,272,850	$ 920,914
Less than 1 year [Member]
Schedule of corporation’s significant financial liabilities [Abstract]
Accounts payable and accrued liabilities	2,345,175	2,272,850	920,914
Loan payable			2,146,231
Amount owing to Northern Data	322,099	2,940,412
Deposit payable
Lease liabilities	146,880
Mortgage payable	534,000
Total	3,348,154	5,213,262	3,067,145
1-3 years [Member]
Schedule of corporation’s significant financial liabilities [Abstract]
Accounts payable and accrued liabilities
Loan payable			570,933
Amount owing to Northern Data
Deposit payable	511,000	1,788,500
Lease liabilities	307,111
Mortgage payable	400,500
Total	1,218,611	1,788,500	570,933
4-5 years [Member]
Schedule of corporation’s significant financial liabilities [Abstract]
Accounts payable and accrued liabilities
Loan payable
Amount owing to Northern Data
Deposit payable
Lease liabilities	214,524
Mortgage payable
Total	214,524
More than 5 years [Member]
Schedule of corporation’s significant financial liabilities [Abstract]
Accounts payable and accrued liabilities
Loan payable
Amount owing to Northern Data
Deposit payable
Lease liabilities
Mortgage payable
Total
Total [Member]
Schedule of corporation’s significant financial liabilities [Abstract]
Accounts payable and accrued liabilities	2,345,175	2,272,850	920,914
Loan payable			2,717,164
Amount owing to Northern Data	322,099	2,940,412
Deposit payable	511,000	1,788,500
Lease liabilities	668,515
Mortgage payable	934,500
Total	4,781,289	7,001,762	3,638,078
Carrying Value [Member]
Schedule of corporation’s significant financial liabilities [Abstract]
Accounts payable and accrued liabilities	2,345,175	2,272,850	920,914
Loan payable			2,543,083
Amount owing to Northern Data	322,099	2,940,412
Deposit payable	511,000	1,788,500
Lease liabilities	668,515
Mortgage payable	934,500
Total	$ 4,781,289	$ 7,001,762	$ 3,463,997

Income taxes (Details) - Schedu

Income taxes (Details) - Schedule of provision for income taxes - USD ($)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Schedule of Provision For Income Taxes [Abstract]
Income before income taxes	$ 2,791,875	$ (832,074)	$ (5,826,526)
Combined statutory income tax rate	26.14%	27%	27%
Income tax benefit at the statutory tax rate	$ 729,657	$ (224,660)	$ (1,573,162)
Non-deductible expenses	15,626	273,784	119,543
Revaluation of warrant liabilities	(8,365,980)	(418,774)
Foreign exchange gain	(593,325)
Share based compensation		1,304,058	336,839
Tax asset recognized			(71,801)
Impairment of goodwill	329,506
Effect of lower tax rate of subsidiary		(103,388)
Temporary difference unrecognized			532,589
Other	59,931	126,874	1,497
Change in unrecognized deferred tax asset	6,287,118	1,342,725	18,682
Deferred Income tax (recovery) provision	(1,537,467)	2,300,619	(635,813)
Current income taxes in the income statement		127,340
Composition of deferred income taxes in the income statement
Inception and reversal of temporary differences	(7,824,585)	2,089,839	(1,168,402)
Prior period adjustment		83,440
Change in unrecognized deferred tax asset	6,287,118		532,589
Deferred Income tax (recovery) provision	(1,537,467)	2,173,279	(635,813)
Total income tax expense (recovery) for the year	$ (1,537,467)	$ 2,300,619	$ (635,813)

Income taxes (Details) - Sche_2

Income taxes (Details) - Schedule of deferred income tax - USD ($)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Income taxes (Details) - Schedule of deferred income tax [Line Items]
Beginning balance	$ (2,514,743)	$ (65,638)
Profit or loss	1,537,467	(2,174,598)	$ 635,813
Other Comprehensive Income	1,047,758	(346,308)	(701,451)
Equity	(70,482)	71,801
Ending balance		(2,514,743)	(65,638)
Property, plant and equipment [Member]
Income taxes (Details) - Schedule of deferred income tax [Line Items]
Beginning balance	(1,781,767)	(755,431)
Profit or loss	(3,249,116)	(1,026,336)	(755,431)
Other Comprehensive Income
Equity
Ending balance	(5,030,883)	(1,781,767)	(755,431)
Right-of-use assets [Member]
Income taxes (Details) - Schedule of deferred income tax [Line Items]
Beginning balance	(543,242)	(630,826)
Profit or loss	(120,181)	87,584	(630,826)
Other Comprehensive Income
Equity
Ending balance	(663,423)	(543,242)	(630,826)
Digital Currencies [Member]
Income taxes (Details) - Schedule of deferred income tax [Line Items]
Beginning balance	(1,047,759)	(701,451)
Profit or loss	1,186,091
Other Comprehensive Income	1,047,758	(346,308)	(701,451)
Equity
Ending balance	1,186,090	(1,047,759)	(701,451)
Lease liabilities [member]
Income taxes (Details) - Schedule of deferred income tax [Line Items]
Beginning balance		665,439
Profit or loss	143,082	(665,439)	665,439
Other Comprehensive Income
Equity
Ending balance	143,082		665,439
Stock based compensation [Member]
Income taxes (Details) - Schedule of deferred income tax [Line Items]
Beginning balance	709,474
Profit or loss	(638,992)	637,673
Other Comprehensive Income
Equity	(70,482)	71,801
Ending balance		709,474
Non-capital losses [Member]
Income taxes (Details) - Schedule of deferred income tax [Line Items]
Beginning balance	148,551	1,356,631
Profit or loss	4,216,583	(1,208,080)	1,356,631
Other Comprehensive Income
Equity
Ending balance	4,365,134	148,551	$ 1,356,631
Non-capital losses - Canada [Member]
Income taxes (Details) - Schedule of deferred income tax [Line Items]
Beginning balance
Profit or loss	593,325
Other Comprehensive Income
Equity
Ending balance	593,325
Unrealized foreign exchange gain - Canada [Member]
Income taxes (Details) - Schedule of deferred income tax [Line Items]
Beginning balance
Profit or loss	(593,325)
Other Comprehensive Income
Equity
Ending balance	$ (593,325)

Income taxes (Details) - Sche_3

Income taxes (Details) - Schedule of deferred tax assets - USD ($)	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Income taxes (Details) - Schedule of deferred tax assets [Line Items]
Total	$ 33,703,711	$ 2,889,264	$ 27,717,535
Share issue costs [Member]
Income taxes (Details) - Schedule of deferred tax assets [Line Items]
Total	6,042,213	529,320	758,041
Stock based compensation [Member]
Income taxes (Details) - Schedule of deferred tax assets [Line Items]
Total	4,307,117
Property, plant and equipment [Member]
Income taxes (Details) - Schedule of deferred tax assets [Line Items]
Total			26,402,452
Non-capital losses - USA [Member]
Income taxes (Details) - Schedule of deferred tax assets [Line Items]
Total	21,425,219
Non-capital losses - Canada [Member]
Income taxes (Details) - Schedule of deferred tax assets [Line Items]
Total	$ 1,929,162	$ 2,359,944	$ 557,042

Restatement (Details) - Schedul

Restatement (Details) - Schedule of consolidated statement of financial position	Dec. 31, 2021 USD ($)
As reported [Member]
LIABILITIES AND SHAREHOLDERS’ EQUITY
Warrant liabilities
Total liabilities
Shareholders’ equity
Share capital	54,863,819
Contributed surplus	17,358,982
Cumulative translation adjustment	(266,730)
Digital currency revaluation reserve	3,706,624
Deficit	(5,457,926)
Total shareholders’ equity	70,204,769
Adjustment [Member]
LIABILITIES AND SHAREHOLDERS’ EQUITY
Warrant liabilities	31,943,365
Total liabilities	31,943,365
Shareholders’ equity
Share capital	(23,440,724)
Contributed surplus	(5,514,401)
Cumulative translation adjustment	433,798
Digital currency revaluation reserve
Deficit	(3,422,038)
Total shareholders’ equity	(31,943,365)
Restated [Member]
LIABILITIES AND SHAREHOLDERS’ EQUITY
Warrant liabilities	31,943,365
Total liabilities	31,943,365
Shareholders’ equity
Share capital	31,423,095
Contributed surplus	11,844,581
Cumulative translation adjustment	167,068
Digital currency revaluation reserve	3,706,624
Deficit	(8,879,964)
Total shareholders’ equity	$ 38,261,404

Restatement (Details) - Sched_2

Restatement (Details) - Schedule of consolidated statement of comprehensive income	12 Months Ended
	Dec. 31, 2021 USD ($)
As reported [Member]
Condensed Statement of Income Captions [Line Items]
Operating income	$ 2,922,778
Revaluation of warrant liabilities
Share issuance costs
Net income (loss) before income taxes	2,589,964
Net income (loss) for the year	289,345
Other comprehensive income (loss)
Items that will be reclassified to net income Foreign currency translation adjustment	(384,892)
Items that will not be reclassified to net income Revaluation of digital currencies, net of tax	1,724,123
Total comprehensive income (loss) for the year	1,628,576
Adjustment [Member]
Condensed Statement of Income Captions [Line Items]
Operating income
Revaluation of warrant liabilities	1,551,013
Share issuance costs	(4,973,051)
Net income (loss) before income taxes	(3,422,038)
Net income (loss) for the year	(3,422,038)
Other comprehensive income (loss)
Items that will be reclassified to net income Foreign currency translation adjustment	433,798
Items that will not be reclassified to net income Revaluation of digital currencies, net of tax
Total comprehensive income (loss) for the year	(2,988,240)
Restated [Member]
Condensed Statement of Income Captions [Line Items]
Operating income	2,922,778
Revaluation of warrant liabilities	1,551,013
Share issuance costs	(4,973,051)
Net income (loss) before income taxes	(832,074)
Net income (loss) for the year	(3,132,693)
Other comprehensive income (loss)
Items that will be reclassified to net income Foreign currency translation adjustment	48,906
Items that will not be reclassified to net income Revaluation of digital currencies, net of tax	1,724,123
Total comprehensive income (loss) for the year	$ (1,359,664)

Subsequent Events (Details)

Subsequent Events (Details)	Feb. 08, 2023 USD ($)
Subsequent Event [Member]
Subsequent Events (Details) [Line Items]
Acquisition of power plant	$ 4,550,000