Digihost Technology (DGHI) 20-F 16 Sep 24 2023 FY Annual report (foreign) Financial data

Document And Entity Information

Document And Entity Information	12 Months Ended
	Dec. 31, 2023 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	28,878,740
Amendment Flag	false
Entity Central Index Key	0001854368
Entity Current Reporting Status	No
Entity Voluntary Filers	No
Entity Filer Category	Non-accelerated Filer
Entity Well-known Seasoned Issuer	No
Document Period End Date	Dec. 31, 2023
Document Fiscal Year Focus	2023
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 Address, Address Line One	110 Yonge Street
Entity Address, Address Line Two	Suite 1601
Entity Address, Address Line Three	Toronto
Entity Address, City or Town	Ontario
Entity Address, Postal Zip Code	M5C 1T4
Entity Incorporation, State or Country Code	Z4
Entity Address, Country	CA
Title of 12(b) Security	Subordinate Voting Shares
Security Exchange Name	NASDAQ
Entity Interactive Data Current	No
Document Financial Statement Error Correction [Flag]	true
Document Financial Statement Restatement Recovery Analysis [Flag]	true
Document Accounting Standard	International Financial Reporting Standards
Auditor Name	Raymond Chabot Grant Thornton LLP
Auditor Firm ID	1232
Auditor Location	Montréal, Canada
Business Contact
Document Information Line Items
Entity Address, Address Line One	110 Yonge Street
Entity Address, Address Line Two	Suite 1601
Entity Address, Address Line Three	Toronto
Entity Address, City or Town	Ontario
Entity Address, Postal Zip Code	M5C 1T4
Entity Address, Country	CA
Contact Personnel Name	Michel Amar, CEO
City Area Code	(818)
Local Phone Number	280-9758
Contact Personnel Fax Number	michel@digihostblockchain.com

Consolidated Statements of Fina

Consolidated Statements of Financial Position - USD ($)	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Current assets
Cash	$ 341,273	$ 1,850,622	$ 915,715
Digital currencies (note 3)	822,884	2,800,657	33,491,986
Amounts receivable and other assets (note 5)	867,257	1,234,175	1,808,304
Income tax receivable	168,337	244,399
Total current assets	2,199,751	6,129,853	36,216,005
Property, plant and equipment (note 6)	33,386,684	41,811,233	38,142,107
Right-of-use assets (note 7)	2,366,115	2,538,447	2,078,599
Intangible asset (note 8)	1,184,798	1,314,028	1,443,260
Amounts receivable and other assets (note 5)	2,159,314
Promissory note receivable (note 10)	850,685	806,000	800,000
Total assets	42,147,347	52,599,561	80,026,875
Current liabilities
Accounts payable and accrued liabilities	4,510,757	2,345,175	2,272,850
Amount owing to Northern Data NY, LLC (note 3 and 6)		322,099	2,940,412
Lease liabilities (note 11)	110,651	99,957
Loans payable (note 12)	253,630
Mortgage payable (note 13)	389,064	488,062
Total current liabilities	5,264,102	3,255,293	5,518,863
Deposits payable	1,486,184	511,000	1,788,500
Lease liabilities (note 11)	336,863	447,514
Mortgage payable (note 13)		389,065
Loans payable (note 12)	356,710
Deferred tax liability			2,514,743
Warrant liabilities (note 14)	5,456,749	821,697	31,943,365
Total liabilities	12,900,608	5,424,569	41,765,471
Shareholders’ equity
Share capital (note 15)	42,503,660	39,602,634	31,423,095
Contributed surplus	15,468,823	15,675,828	11,844,581
Cumulative translation adjustment	(2,228,447)	(3,491,583)	167,068
Deficit	(26,497,297)	(4,611,887)	(8,879,964)
Total shareholders’ equity	29,246,739	47,174,992	38,261,404
Total liabilities and shareholders’ equity	$ 42,147,347	$ 52,599,561	$ 80,026,875

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income (Loss) - USD ($)		12 Months Ended
		Dec. 31, 2023	Dec. 31, 2022		Dec. 31, 2021
Revenue
Digital currency mining (note 3)		$ 18,128,241	$ 24,190,060		$ 24,952,344
Colocation services (note 3)		1,675,269
Sale of electricity (note 3)		3,037,393
Sale of energy (note 4)		3,272,005
Total revenue		26,112,908	24,190,060		24,952,344
Cost of digital currency mining
Cost of revenue		(20,217,924)	(17,760,786)		(7,072,764)
Depreciation and amortization		(14,923,419)	(10,709,108)		(3,281,143)
Miner lease and hosting agreement (note 3)		(638,689)	(2,517,503)		(3,469,287)
Gross profit (loss)		(9,667,124)	(6,797,337)		11,129,150
Expenses
Office and administrative expenses		(2,108,831)	(3,016,409)		(1,182,258)
Professional fees		(1,546,626)	(1,745,613)		(1,496,418)
Regulatory fees		(119,647)	(235,445)		(162,681)
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 (loss)		(1,377,475)	3,972,705		358,985
Gain (loss) on sale of digital currencies (note 3)		945,536	(11,574,330)		290,948
Loss on digital currency option calls			(1,950,000)
Change in fair value of loan payable		(310,521)
Change in fair value of promissory note receivable		50,685
Other income (expense)		54,528	(50,834)		98,443
Change in fair value of amount owing for Miner Lease Agreement		(267,551)	1,693,088		528,875
Share based compensation (note 17)		(1,620,777)	(3,296,238)		(7,804,271)
Loss on revaluation of digital currencies (note 3)		10,991	(3,256,530)
Impairment of goodwill (note 9)			(1,260,783)
Impairment of data miners (note 6)			(1,556,000)
Write-off of property, plant and equipment		(1,363,941)
Operating (loss) income		(17,320,753)	(28,227,374)		2,922,778
Revaluation of warrant liabilities (note 14)		(4,522,523)	32,010,637		1,551,013
Net financial expenses (note 20)		(42,134)	(296,218)		(332,814)
Private placements issuance costs			(695,170)		(4,973,051)
Net income (loss) before income taxes		(21,885,410)	2,791,875		(832,074)
Income tax expense					(127,340)
Deferred tax recovery (expense)			1,537,467		(2,173,279)
Net income (loss) for the year		(21,885,410)	4,329,342		(3,132,693)
Other comprehensive income (loss)
Items that will be reclassified to net income		1,263,136	(3,658,651)		48,906
Foreign currency translation adjustment
Items that will not be reclassified to net income			(3,706,624)		1,724,123
Revaluation of digital currencies, net of tax
Total comprehensive loss for the year		$ (20,622,274)	$ (3,035,933)		$ (1,359,664)
Basic income (loss) per share (note 18) (in Dollars per share)		$ (0.77)	$ 0.16		$ (0.14)
Diluted income (loss) per share (note 18) (in Dollars per share)	[1]	$ (0.77)	$ 0.15	[2],[3]	$ (0.14)
[1]Diluted income per share does not include the effect of warrants and stock options as they are anti-dilutive.[2]During the external audit of the Corporation's financial statements for the year ended December 31, 2023, the Corporation determined that it was required to make an immaterial error correction to distinguish diluted net income (loss) per share from basic net income (loss) per share.[3]During the external audit of the Corporation’s financial statements for the year ended December 31, 2023, the Corporation determined that it was required to make an immaterial error correction to distinguish diluted net income (loss) per share from basic net income (loss) per share.

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Operating activities
Net income (loss) for the year	$ (21,885,410)	$ 4,329,342	$ (3,132,693)
Adjustments for:
Digital currencies items (note 21)	1,388,123	15,528,972	(21,774,005)
Interest income accrual	(48,000)
Gain on sale of property, plant and equipment		(1,140,658)	(1,552,295)
Depreciation of right-of-use assets	172,332	142,324	198,291
Depreciation and amortization	14,871,456	10,657,144	3,082,852
Interest on lease liabilities	92,860	58,014	236,680
Change in fair value of amount owing for Miner Lease Agreement	267,551	(1,693,088)	(528,875)
Share based compensation	1,620,777	3,296,238	7,804,271
Change in warrant liability	4,522,523	(32,010,637)	(1,551,013)
Share issuance cost		695,170	4,973,051
Loss on settlement of debt		294,306	390,290
Interest accrued on loan payable	138,300	(6,000)
Change in fair value of loan payable	310,521
Change in fair value of promissory note receivable	(50,685)
Accretion on liability	(126,026)
Impairment of goodwill		1,260,783
Impairment of data miners		1,556,000
Write-off of property, plant and equipment	1,363,941
Deferred tax (recovery) expense		(1,537,467)	2,173,279
Foreign exchange loss (gain)	1,375,661	(3,660,296)	(333,148)
Working capital items (note 21)	1,678,098	(1,181,046)	1,026,381
Net cash provided by (used in) operating activities	5,692,022	(3,410,899)	(8,859,594)
Investing activities
Purchase of property, plant and equipment	(3,007,766)	(14,685,038)	(33,924,780)
Proceeds from sale of property, plant and equipment	499,950	795,000
Acquisition of digital currency option calls		(623,000)
Promissory note receivable			(800,000)
Business combination (note 4)	(4,749,666)
Net cash used in investing activities	(7,257,482)	(14,513,038)	(34,724,780)
Financing activities
Proceeds from private placement, net of costs		8,314,269	50,218,093
Proceeds from pre-funded warrants		1,029,600
Repurchase of shares		(255,525)	(599,997)
Repayment of mortgage	(534,000)	(133,500)
Proceeds of shares issued for cash	1,073,244
Proceeds from loans payable	691,500	10,000,000	1,473,495
Repayment of loans payable	(1,027,753)		(3,975,083)
Lease payments	(146,880)	(96,000)	(2,647,669)
Net cash provided by financing activities	56,111	18,858,844	44,468,839
Net change in cash	(1,509,349)	934,907	884,465
Cash, beginning of year	1,850,622	915,715	31,250
Cash, end of year	341,273	1,850,622	915,715
Supplemental information
Interest paid		$ 238,204	$ 117,697

Consolidated Statement of Chang

Consolidated Statement of Changes in Shareholders’ Equity - USD ($)	Subordinate voting shares	Proportionate voting shares	Share capital	Contributed surplus	Cumulative Translation Adjustment	Digital currency revaluation reserve	Deficit	Total
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
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 (loss) 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
Private placement			15,255,979					15,255,979
Private placement (in Shares)	2,729,748
Warrant liabilities			(7,007,643)					(7,007,643)
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
Shares issued to settle payable			13,816					13,816
Shares issued to settle payable (in Shares)	19,391
Cost of issue - cash			(547,307)					(547,307)
Cost of issue - broker warrants			(270,978)	535,009				264,031
Shares cancelled			(194,260)				(61,265)	(255,525)
Shares cancelled (in Shares)	(165,200)
Share based compensation				3,296,238				3,296,238
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 (loss) 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
Shares issued for cash			1,073,244					1,073,244
Shares issued for cash (in Shares)	556,954
Restricted share units converted to common shares			1,827,782	(1,827,782)
Restricted share units converted to common shares (in Shares)	479,582
Share based compensation				1,620,777				1,620,777
Transaction with owners			42,503,660	15,468,823	(3,491,583)		(4,611,887)	49,869,013
Transaction with owners (in Shares)	28,878,740	3,333
Foreign currency translation adjustment					1,263,136			1,263,136
Net income (loss) for the year							(21,885,410)	(21,885,410)
Total comprehensive loss for the year					1,263,136		(21,885,410)	(20,622,274)
Balance at Dec. 31, 2023			$ 42,503,660	$ 15,468,823	$ (2,228,447)		$ (26,497,297)	$ 29,246,739
Balance (in Shares) at Dec. 31, 2023	28,878,740	3,333

Nature of Operations and Going

Nature of Operations and Going Concern	12 Months Ended
	Dec. 31, 2023
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., DGX Holding, LLC, and World Generation X, LLC (together the “Company”) is a blockchain technology company with operations in cryptocurrency mining and also a supplier of energy through its recent acquisition of a power plant. 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 August 21, 2024. 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, 2023, the Company had a working capital deficiency of $3,064,351 (2022 - working capital of $2,874,560; 2021 – working capital of $30,697,142) and had not generated 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 to 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.

Material Accounting Policies

Material Accounting Policies	12 Months Ended
	Dec. 31, 2023
Material Accounting Policies [Abstract]
Material accounting policies	2. Material accounting policies (a) Statement of compliance The consolidated financial statements have been prepared in accordance with International Financial Reporting Standards as issued by the International Accounting Standards Board (the “IFRS Accounting Standards”) issued effective for the Company’s reporting for the year ended December 31, 2023. (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., DGX Holdings, LLC and World Generation X, 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., DGX Holding, LLC and World Generation X, LLC is the United States dollar. 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 is 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 (loss) as cumulative translation adjustments. (f) Revenue recognition The Company recognizes revenue under IFRS 15, “ Revenue from Contracts with Customers To determine revenue recognition for contracts with customers, the Company performs the following five steps: (i) identify the contract with the customer, (ii) identify the performance obligations in the contract, (iii) determine the transaction price, including variable consideration to the extent that it is probable that a significant future reversal will not The Company recognizes revenue when it transfers its goods and services to customers in an amount that reflects the consideration to which the Company expects to be entitled in such exchange. In order to identify the performance obligations in a contract with a customer, a company must assess the promised goods or services in the contract and identify each promised good or service that is distinct. A performance obligation meets IFRS 15’s definition of a “distinct” good or service (or bundle of goods or services) if both of the following criteria are met: The customer can benefit from the good or service either on its own or together with other resources that are readily available to the customer (i.e., the good or service is capable of being distinct), and the entity’s promise to transfer the good or service to the customer is separately identifiable from other promises in the contract (i.e., the promise to transfer the good or service is distinct within the context of the contract). If a good or service is not distinct, the good or service is combined with other promised goods or services until a bundle of goods or services is identified that is distinct. The transaction price is the amount of consideration to which an entity expects to be entitled in exchange for transferring promised goods or services to a customer. The consideration promised in a contract with a customer may include fixed amounts, variable amounts, or both. When determining the transaction price, an entity must consider the effects of all of the following: ● Variable consideration ● Constraining estimates of variable consideration ● The existence of a significant financing component in the contract ● Non-cash consideration ● Consideration payable to a customer Variable consideration is included in the transaction price only to the extent that it is highly probable that a significant reversal in the amount of cumulative revenue recognized will not occur when the uncertainty associated with the variable consideration is subsequently resolved. The transaction price is allocated to each performance obligation on a relative standalone selling price basis. The transaction price allocated to each performance obligation is recognized when that performance obligation is satisfied, at a point in time or over time as appropriate. Digital currency mining: The Company’s revenue is derived from providing computing power (hashrate) to mining pools. The Company has entered into arrangements, as amended from time to time, with mining pool operators to provide computing power to the mining pools. The provision of computing power to mining pools is an output of the Company’s ordinary activities. The Company has the right to decide the point in time and duration for which it will provide computing power. As a result, the Company’s enforceable right to compensation only begins when, and continues as long as, the Company provides computing power to the mining pool. The contracts can be terminated at any time by either party without substantive compensation to the other party for such termination. Upon termination, the mining pool operator (i.e., the customer) is required to pay the Company any amount due related to previously satisfied performance obligations. Therefore, the Company has determined that the duration of the contract is less than 24 hours and that the contract continuously renews throughout the day. The Company has determined that this renewal right is not a material right as the terms, conditions, and compensation amounts are at then market rates. There is no significant financing component in these transactions. In exchange for providing computing power, which represents the Company’s only performance obligation, the Company is entitled to non-cash consideration in the form of cryptocurrency, calculated under one of two payout methods, depending on the mining pool. The payout method used by the mining pool in which the Company participated is the Full Pay Per Share (“FPPS”). This payout method contains three components, (i) a fractional share of the fixed cryptocurrency award from the mining pool operator (referred to as a “block reward”), (ii) transaction fees generated from (paid by) blockchain users to execute transactions and distributed (paid out) to individual miners by the mining pool operator, and (iii) mining pool operating fees retained by the mining pool operator for operating the mining pool. The Company’s total compensation is the sum of the Company’s share of (a) block rewards and (b) transaction fees, less (c) mining pool operating fees. o Block rewards are calculated as follows under the FPPS method. The block reward earned by the Company is calculated by the mining pool operator based on the proportion of hashrate the Company contributed to the mining pool to the total network hashrate used in solving the current algorithm. The Company is entitled to its relative share of consideration even if a block is not successfully added to the blockchain by the mining pool. o Transaction fees refer to the total fees paid by users of the network to execute transactions. Under FPPS, the Company is entitled to a pro-rata share of the total network transaction fees. The transaction fees paid out by the mining pool operator to the Company are based on the proportion of hashrate the Company contributed to the mining pool to the total network hashrate. The Company is entitled to its relative share of consideration even if a block is not successfully added to the blockchain by the mining pool. o Mining pool operating fees are charged by the mining pool operator for operating the mining pool as set forth in a rate schedule to the mining pool contract. The mining pool operating fees reduce the total amount of compensation the Company receives and are only incurred to the extent that the Company has generated mining revenue pursuant to the mining pool operators’ payout calculation. Because the consideration to which the Company expects to be entitled for providing computing power is entirely variable (block rewards, transaction fees and pool operating fees), as well as being non-cash consideration, the Company assesses the estimated amount of the variable non-cash consideration to which it expects to be entitled for providing computing power at contract inception and subsequently to determine when and to what extent it is highly probable that a significant reversal in the amount of cumulative revenue recognized will not occur once the uncertainty associated with the variable consideration is subsequently resolved. For each contract under the FPPS payout method, the Company recognizes the non-cash consideration on the same day that control of the contracted service transfers to the mining pool operator, which is the same day as the contract inception. For the contract under the FPPS payout method, the Company measures non-cash consideration at the cryptocurrency spot price at the beginning of the day on the date of contract inception, as determined by the Company’s principal market, which is Gemini. ● Colocation services: The Company recognizes revenue from its colocation services when it satisfies performance obligations by transferring the control of services, which include power provision and space rental, to customers. Revenue is recognized monthly in an amount that reflects actual power consumption, as per contractual terms, and any fixed maintenance fees are recognized over time as services are rendered to customers, aligning the recognition of revenue with the delivery of services. The transaction price for colocation services includes both fixed fees and variable considerations, which are incorporated only if a significant reversal in the future is deemed unlikely. ● Sale of electricity: The Company recognizes revenue from the sale of electricity when it has satisfied its performance obligation, which occurs as the electricity is provided to the customer. The Company supplies the requisite power and ancillary operational functions in order for the digital currency mining equipment on its property to run efficiently outside of its facilities. Revenue is recorded monthly based on the actual consumption of energy by the customer, at the price determined by the contract. This reflects the Company’s performance and the customer’s consumption benefits, with variable consideration being recognized in the period it is due. The transaction price for sale of electricity includes both fixed fees and variable considerations, which are incorporated only if a significant reversal in the future is deemed unlikely. ● Sale of energy: The Company recognizes revenue from the sale of energy upon the satisfaction of the performance obligation, specifically at the point when control of the energy is transferred to the end customer. This key moment reflects the Company’s fulfillment of its contractual duties. (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 currencies are recognized as revenue, the fair value of the Bitcoin received is considered to be the cost of the digital currencies. Under the revaluation method, increases in fair value (loss) are recorded in other comprehensive income (loss), 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 (loss) 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 (loss) are recorded in other comprehensive income (loss). 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 the Gemini Exchange. Gemini serves as the Company’s principal market. 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 a quote of the currency on an active market. (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: o Leases of low value assets; and o Leases with a duration of twelve 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: o Amounts expected to be payable under any residual value guarantee; o The exercise price of any purchase option granted if it is reasonable certain to assess that option; and o Any penalties payable for terminating the lease, if the term of the lease has been estimated on the basis of a 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: o Lease payments made at or before commencement of the lease; o Initial direct costs incurred; and o 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) Segment reporting The reporting segments are identified on the basis of information that is reviewed by the chief operating decision maker to make decisions about resources to be allocated and assess its performance. Accordingly, for management purposes, the Company has three reporting segments namely, cryptocurrency mining, sales of energy and colocation services. (n) 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. (o) Financial instruments Financial assets are classified and measured based on the business model in which they are held and the characteristics of their contractual cash flows. The primary measurement categories for financial assets are measured at amortized cost, fair value through other comprehensive income (loss) (“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, amounts receivable and deposits 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 (loss) 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, loans payable and deposit payable are classified as measured at amortized cost. The Company’s amount owing to Northern Data and warrant liabilities are classified as measured at FVTPL with gains and losses recognized in profit and loss. 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. The 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). (p) 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. Assets and liabilities of the Company are translated to the presentation currency. The resulting translation adjustments are charged or credited to the cumulative translation reserve. (q) 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. (r) Share-based compensation The granting of stock options and restricted share units (“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 a 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. (s) 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. (t) 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. (u) 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. (v) Critical accounting judgements, estimates and assumptions The preparation of these financial statements in conformity with IFRS Accounting Standards 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, b

Digital Currencies

Digital Currencies	12 Months Ended
	Dec. 31, 2023
Digital Currencies [Abstract]
Digital currencies	3 . Digital currencies The Company’s holdings of digital currencies consist of the following: As at As at As at December 31, December 31, December 31, 2023 2022 2021 Bitcoin $ 822,884 $ 1,842,177 $ 29,770,994 Ethereum - 958,480 3,720,992 $ 822,884 $ 2,800,657 $ 33,491,986 The continuity of digital currencies was as follows: Number of Amount Number of Amount Total 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 Balance, December 31, 2021 632 $ 29,770,994 1,001 $ 3,720,992 $ 33,491,986 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 and equipment 9 345,658 - - 345,658 Acquisition of digital currencies (5) 100 3,932,000 - - 3,932,000 Digital currencies paid for services (27 ) (739,024 ) - - (739,024 ) Digital currencies traded for cash (5) (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 Bitcoin mined (2) 640 18,128,241 - - 18,128,241 Bitcoin received from colocation services (3) 6 185,819 - - 185,819 Bitcoin received for electricity sales (3) 18 538,197 - - 538,197 Digital currencies traded for cash (5) (655 ) (18,018,987 ) (801 ) (1,245,993 ) (19,264,980 ) Digital currencies paid for services (20 ) (433,492 ) - - (433,492 ) Digital currencies for loan repayment (30 ) (883,622 ) - - (883,622 ) Bitcoin remitted to Northern Data (2) (51 ) (1,204,463 ) - - (1,204,463 ) Gain on sale of digital currencies - 658,023 - 287,513 945,536 Revaluation adjustment (1) - 10,991 - - 10,991 Balance, December 31, 2023 (4) 19 $ 822,884 $ - - $ 822,884 (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, 2023, the prices of Bitcoin and Ethereum were $42,244 (December 31, 2022 - $16,548; December 31, 2021 – $47,117) and $1,674 (December 31, 2022 - $1,197; December 31, 2021 – $3,718), respectively, resulting in total revaluation gain of $(10,991) (loss of $8,010,913 in 2022). In 2022, 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 (loss). (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, 2023, the Company must remit nil Bitcoin (December 31, 2022 - 19 Bitcoin; December 31, 2021 - 62 Bitcoin) with a value of $ nil (3) During the year ended December 31, 2023, the Company entered into a Mining Operations Agreement with Northern Data NY, LLC, and Colocation Services Agreements with both Corner Energy Ltd. and Bit Digital USA, Inc. Pursuant to these agreements, the parties have agreed to split a portion of the energy costs and mining rewards received incurred for the power consumed by the miners put in service at the Company’s respective sites pursuant to these agreements. As at December 31, 2023, the Company is owed $565,680 from these parties related to these agreements (December 31, 2022 - $ nil nil (4) Digital currencies were measured at fair value using the quoted prices on the Gemini exchange during the year ended December 31, 2023 and CoinMarketCap, a pricing aggregator, during the years ended December 31, 2022 and 2021, respectively. The Company began using Gemini as its principal market during the year ended December 31, 2023. The Company believes any price difference between the principal market and an aggregated price to be immaterial. (5) Represents a cash transaction. All others are non-cash transactions.

Business Combination

Business Combination	12 Months Ended
	Dec. 31, 2023
Business Combination [Abstract]
Business combination	4. Business combination On February 7, 2023, the Company completed the acquisition of a 60 MW power plant in North Tonawanda, New York for a total consideration of $4,749,666, of which $150,000 was paid in previous years. The transaction was accounted for as a business combination under IFRS 3, Business Combinations. The Company completed this business combination as part of its ongoing infrastructure expansion strategy and to increase its available computing power. Operation of the plant will help support the local utility power grid for reliability, and the plant will be readily available for residential and commercial consumers during peak periods of demand. At the date of acquisition, the Company determined the fair value of the net identified net assets as follows: Total final consideration paid in cash $ 4,749,666 Identified fair value of net assets acquired: Prepaids and deposits 418,287 Land 530,000 Power plant infrastructure 4,643,800 PPA capacity liability (213,100 ) Accounts payable (218,621 ) Loan payable (410,700 ) $ 4,749,666 For the year ended December 31, 2023, the acquired power plant accounted for $3,272,005 in revenue and $671,740 in net loss. In fiscal 2022, the Company paid $1.2 million which was comprised of $1.0 million for the option to purchase the power plant and $200,000 in extension fees. These amounts were not included in the business combination.

Amounts Receivable and Other As

Amounts Receivable and Other Assets	12 Months Ended
	Dec. 31, 2023
Amounts Receivable and Other Assets [Abstract]
Amounts receivable and other assets	5. Amounts receivable and other assets As at As at As at December 31, December 31, December 31, 2023 2022 2021 Deposits $ 2,297,314 $ 444,990 $ 150,000 Prepaid expenses 115,577 296,360 559,575 Accounts receivable 565,680 492,825 911,200 Other receivable - - 187,529 Interest receivable (note 10) 48,000 - - 3,026,571 1,234,175 1,808,304 Long-term deposits and prepaid expenses (2,159,314 ) - - $ 867,257 $ 1,234,175 $ 1,808,304

Property, Plant and Equipment

Property, Plant and Equipment	12 Months Ended
	Dec. 31, 2023
Property, Plant and Equipment [Abstract]
Property, plant and equipment	6. Property, plant and equipment Land and Data Equipment Leasehold Equipment in Power plant buildings miners and other improvement construction in use Total Cost 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 3,658,510 - 1,641,520 39,542 10,413,466 - 15,753,038 Disposal - (1,253,992 ) - - - - (1,253,992 ) Transfer asset in use - - 3,218,685 - (3,218,685 ) - - December 31, 2022 3,658,510 30,404,111 8,223,529 1,079,542 14,343,701 - 57,709,393 Additions 827,230 1,491,668 688,868 - - - 3,007,766 Disposal - - (499,950 ) - - - (499,950 ) Write-off - - (1,363,941 ) - - - (1,363,941 ) Transfer asset in use - - 14,343,701 - (14,343,701 ) - - Acquired in business combination (note 4) 530,000 - - - - 4,643,800 5,173,800 December 31, 2023 $ 5,015,740 $ 31,895,779 $ 21,392,207 $ 1,079,542 $ - $ 4,643,800 $ 64,027,068 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 1,607,458 105,208 - - 10,527,912 Impairment - 1,556,000 - - - - 1,556,000 Disposal - (1,253,992 ) - - - - (1,253,992 ) December 31, 2022 - 12,937,550 2,664,346 296,264 - - 15,898,160 Depreciation - 9,825,482 4,483,977 105,318 - 327,447 14,742,224 December 31, 2023 $ - $ 22,763,032 $ 7,148,323 $ 401,582 $ - $ 327,447 $ 30,640,384 Net carrying value As at December 31, 2022 $ 3,658,510 $ 17,466,561 $ 5,559,183 $ 783,278 $ 14,343,701 $ - $ 41,811,233 As at December 31, 2023 $ 5,015,740 $ 9,132,747 $ 14,243,884 $ 677,960 $ - $ 4,316,353 $ 33,386,684 (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, 2023 and 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 $ nil

Right-of-Use Assets

Right-of-Use Assets	12 Months Ended
	Dec. 31, 2023
Right-of-Use Assets [Abstract]
Right-of-use assets	7. Right-of-use assets As at As at As at December 31, December 31, December 31, 2023 2022 2021 Balance, beginning of period $ 2,538,447 $ 2,078,599 $ 2,413,720 Additions (1) - 602,172 - Depreciation (172,332 ) (142,324 ) (198,291 ) Modification of lease (2) - - (136,830 ) Balance, end of period $ 2,366,115 $ 2,538,447 $ 2,078,599 (1) In April 2022, the Company entered into a lease for its head office for a term of 5 years. (2) 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

Intangible Asset	12 Months Ended
	Dec. 31, 2023
Intangible Asset [Abstract]
Intangible asset	8. 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, 2023 2022 2021 Balance, beginning of period $ 1,314,028 $ 1,443,260 $ 1,572,500 Amortization (129,230 ) (129,232 ) (129,240 ) Balance, end of period $ 1,184,798 $ 1,314,028 $ 1,443,260

Goodwill

Goodwill	12 Months Ended
	Dec. 31, 2023
Goodwill [Abstract]
Goodwill	9. Goodwill As at As at As at December 31, December 31, December 31, 2023 2022 2021 Balance, beginning of period $ - $ 1,346,904 $ 1,342,281 Impairment - (1,260,783 ) - Foreign currency translation - (86,121 ) 4,623 Balance, end of period $ - $ - $ 1,346,904 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 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 of 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 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, 2023
Promissory Note Receivable [Abstract]
Promissory note receivable	10. Promissory note receivable In December 2021, the Company entered into an agreement for a Secured Convertible Promissory Note (“Note”) with principal of $800,000. The Note accrues interest at a rate of 6% per annum, with 3% payable in cash every calendar quarter and 3% payable in notes (note 5). 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 the maturity date of December 21, 2026. The Notes are secured by the assets of the issuer. As at December 31, 2023, the fair value of the Note was estimated to be $850,685. As at As at As at December 31, December 31, December 31, 2023 2022 2021 Balance, beginning of period $ 806,000 $ 800,000 $ - Additions - - 800,000 Interest - 6,000 - Payments received (6,000 ) - - Fair value adjustment 50,685 - - Balance, end of period $ 850,685 $ 806,000 $ 800,000

Lease Liabilities

Lease Liabilities	12 Months Ended
	Dec. 31, 2023
Lease Liabilities [Abstract]
Lease liabilities	11. Lease liabilities The continuity of the lease liabilities are presented in the table below: As at As at As at December 31, December 31, December 31, 2023 2022 2021 Balance, beginning of period $ 547,471 $ - $ 2,546,160 Additions (1) - 602,172 - Interest 46,923 41,299 236,680 Lease payments (146,880 ) (96,000 ) (2,647,669 ) Modification of lease (2) - - (135,171 ) Balance, end of period $ 447,514 $ 547,471 $ - Current portion $ 110,651 $ 99,957 $ - Non-current portion 336,863 447,514 - Total lease liabilities $ 447,514 $ 547,471 $ - (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 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 7. Maturity analysis - contractual undiscounted cash flows As at December 31, 2023 Less than one year $ 151,286 One to five years 370,349 Total undiscounted lease obligations $ 521,635

Loans Payable

Loans Payable	12 Months Ended
	Dec. 31, 2023
Loans Payable [Abstract]
Loans payable	12. Loans payable As at As at As at December 31, December 31, December 31, 2023 2022 2021 Balance, beginning of the period $ - $ - $ 2,543,083 New loans (1)(2) 691,500 10,000,000 1,432,000 Loan assumed in business acquisition (3) 410,700 - - Repayment of loans (1,027,754 ) (10,000,000 ) (3,975,083 ) Interest 225,373 - - Fair value adjustment 310,521 - - Balance, end of the period 610,340 - - Long-term loans payable (356,710 ) - - $ 253,630 $ - $ - (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. (2) The Company entered into a loan agreement with Doge Capital LLC (“Doge”), a company controlled by the chief executive officer, dated February 6, 2023, whereby Doge lent the Company the equivalent value of 30 Bitcoins, being (3) Upon the closing of the power plant transaction (note 4), the Company assumed a loan agreement with Niagara Mohawk Power Corporation dated September 1, 2020. The Company is required to make minimum payments of $2,500 per month, with the outstanding balance of $410,700. As the outstanding principal balance was not paid in full as of September 6, 2023, interest shall accrue on the outstanding balance as of that date and each subsequent month thereafter at the rate for overdue payments described as in National Grid’s Electricity Tariff for Service Classification No 6.

Mortgage Payable

Mortgage Payable	12 Months Ended
	Dec. 31, 2023
Mortgage Payable [Abstract]
Mortgage payable	13. 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 As at As at December 31, December 31, December 31, 2023 2022 2021 Balance, beginning of period $ 877,127 $ - $ - Additions - 993,912 - Interest 45,937 16,715 - Payments (534,000 ) (133,500 ) - Balance, end of period $ 389,064 $ 877,127 $ - Current portion $ 389,064 $ 488,062 $ - Non-current portion - 389,065 - Total mortgage payable $ 389,064 $ 877,127 $ - Maturity analysis - contractual undiscounted cash flows As at December 31, 2023 Less than one year $ 400,500 Total undiscounted mortgage obligations $ 400,500

Warrant Liabilities

Warrant Liabilities	12 Months Ended
	Dec. 31, 2023
Warrant Liabilities [Abstract]
Warrant liabilities	14. Warrant liabilities Due to the characteristics of certain warrants, the fixed-for-fixed condition is not met. The characteristic that led to the classification of the warrants as financial liabilities rather than equity instruments was the presence of a cashless exercise clause. This clause causes the warrants to fail the “fixed-for-fixed” criterion as outlined in IAS 32. Specifically, the clause introduces variability in the number of shares that may be issued upon exercise, which prevents the warrants from being classified as equity instruments. 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 periods ended December 31, 2023, 2022 and 2021: Number of warrants Amount 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 15(b)(ii)) (3,029,748 ) (5,887,840 ) Pre-funded warrants issued (note 15(b)(ii)) 300,000 927,463 Pre-funded warrants exercised (note 15(b)(ii)) (300,000 ) (927,463 ) Revaluation of warrant liabilities - (32,010,637 ) Foreign currency translation - (230,834 ) Balance, December, 2022 9,098,514 821,697 Revaluation of warrant liabilities - 4,522,523 Foreign currency translation - 112,529 Balance, December 31, 2023 9,098,514 $ 5,456,749 The fair value of the Company’s warrants has been determined using the Black-Scholes pricing model and the following weighted average assumptions: As at As at As at December 31, Issued December 31, Issued December 31, 2023 in 2022 2022 in 2021 2021 Spot price (in CAD$) $ 3.06 $ 3.78 $ 0.47 $ 6.04 $ 5.97 Risk-free interest rate 3.91 % 1.62 % 4.07 % 0.66 % 1.03 % Expected annual volatility 123 % 145 % 143 % 139 % 147 % Expected life (years) 1.00 3.50 2.01 3.43 2.72 Dividend nil nil nil nil nil The following table reflects the Company’s warrants outstanding and exercisable as at December 31, 2023 and December 31, 2022: Warrants Weighted Expiry date exercisable (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

Share Capital

Share Capital	12 Months Ended
	Dec. 31, 2023
Share Capital [Abstract]
Share capital	15. Share capital a) Authorized share capital 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 share. b) Subordinate voting shares and proportionate voting shares issued Year ended December 31, 2023 (i) During the year ended December 31, 2023, the Company issued 556,954 subordinate voting shares at an average share price of $1.927 for a total aggregate of $1,073,244 pursuant to the at-the-market equity program. Year ended December 31, 2022 (ii) 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 (the “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 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 on 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 on 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 commissions 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. (iii) 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, 2023, the Company repurchased 165,200 subordinate voting shares for a total repurchase price of $255,525. (iv) 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. Year ended December 31, 2021 (v) On February 9, 2021, the Company issued 66,667 subordinate voting shares to settle a debt of $40,000 with two third-party creditors. (vi) 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). (vii) 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. (viii) 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 commissions 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. (ix) 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 commissions 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. (x) 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. (xi) 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.

Warrants

Warrants	12 Months Ended
	Dec. 31, 2023
Warrants [Abstract]
Warrants	16. Warrants Weighted Average Number of Exercise Price Warrants (CAD$) Balance, December 31, 2020 36,858 5.25 Issued 783,436 8.30 Expired (36,858 ) 5.25 Balance, December 31, 2021 783,436 8.30 Issued (note 15(b)(ii)) 242,380 6.25 Balance, December 31, 2022 and December 31, 2023 1,025,816 7.81 The following table reflects the warrants issued and outstanding as of December 31, 2023: Weighted Number of Average Warrants Exercise Contractual Outstanding Price (CAD$) Life (years) Expiry Date 249,688 10.01 0.21 March 16, 2024 (1) 222,222 6.75 0.47 June 18, 2024 (1) 311,526 8.025 1.27 April 9, 2025 (1) 242,380 6.25 1.69 September 9, 2025 (1) 1,025,816 7.81 0.94 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 (1) Broker warrants.

Stock Options and Restricted Sh

Stock Options and Restricted Share Units	12 Months Ended
	Dec. 31, 2023
Stock Options and Restricted Share Units [Abstract]
Stock Options and Restricted Share Units	17. Stock options and restricted share units (a) Stock 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 Weighted 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 Expired / cancelled (499,664 ) 5.13 Balance, December 31, 2023 692,170 5.09 (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 expires 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 expires 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) 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 expires 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. (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 expires 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 expires 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$4.20; expected dividend yield of 0%; expected volatility of 105% which is based on comparable companies; risk-free interest rate of 0.95%; and an expected average life of five years. The underlying expected volatility of all option grants was determined by reference to historical data of comparable companies’ share prices over the expected stock option life. The following table reflects the stock options issued and outstanding as of December 31, 2023: Expiry Date Exercise Price Weighted Number of Number of Number of February 14, 2025 2.88 1.13 258,334 258,334 - January 5, 2026 3.75 2.02 183,498 183,498 - February 24, 2026 13.92 2.15 50,000 50,000 - March 25, 2026 7.47 2.23 116,668 116,668 - May 17, 2026 7.35 2.38 55,001 55,001 - June 22, 2026 4.20 2.48 28,669 28,669 - 5.09 1.78 692,170 692,170 - The following table reflects the stock options issued and outstanding as of December 31, 2022: Expiry Date Exercise Price Weighted Number of Number of Number of February 14, 2025 2.88 2.13 408,334 408,334 - January 5, 2026 3.75 3.02 258,498 258,498 - February 24, 2026 13.92 3.16 50,000 50,000 - March 25, 2026 7.47 3.23 233,334 233,334 - May 17, 2026 7.35 3.38 155,000 155,000 - June 22, 2026 4.20 3.48 86,668 86,668 - 5.11 2.84 1,191,834 1,191,834 - The following table reflects the stock options issued and outstanding as of December 31, 2021: Expiry Date Exercise Price (CAD$) 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 - (b) Restricted share units 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. The following table reflects the continuity of RSUs for the periods ended December 31, 2023 and 2022: Number of Balance, December 31, 2021 - Granted 1,449,250 Cancelled (10,000 ) Balance, December 31, 2022 1,439,250 Granted 77,232 Converted (479,582 ) Balance, December 31, 2023 1,036,900 During the year ended December 31, 2022, the Company granted 1,449,250 RSUs to officers, directors, employees and advisors. These RSUs vest one-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. During the year ended December 31, 2023, the Company granted 77,232 RSUs to advisors. These RSUs vest one year from the date of grant. The grant date fair value of the RSUs was $120,386. For the year ended December 31, 2023, the Company recorded share based compensation for these RSUs of $1,620,777 (year ended December 31, 2022 - $3,296,238; year ended December 31, 2021 - $ nil

Income (Loss) Per Share

Income (Loss) Per Share	12 Months Ended
	Dec. 31, 2023
Income (Loss) Per Share [Abstract]
Income (loss) per share	18. Income (loss) per share Year Ended December 31, 2023 2022 2021 Net income (loss) for the year $ (21,885,410 ) $ 4,329,342 $ (3,132,693 ) Net income (loss) per share - basic $ (0.77 ) $ 0.16 $ (0.14 ) Net income (loss) per share – diluted (i) $ (0.77 ) $ 0.15 * $ (0.14 ) Weighted average number of shares outstanding - basic 28,753,101 27,227,284 21,781,806 Weighted average number of shares outstanding – diluted 28,753,101 28,010,720 21,781,806 * During the external audit of the Corporation’s financial statements for the year ended December 31, 2023, the Corporation determined that it was required to make an immaterial error correction to distinguish diluted net income (loss) per share from basic net income (loss) per share. (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, 2023
Related Party Transactions [Abstract]
Related party Transactions	19. 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, 2023 2022 2021 Professional fees (1) $ 187,913 $ 307,534 $ 91,249 Salaries (1) 840,650 833,717 144,231 Share based compensation (2) 1,429,568 3,092,012 6,016,173 $ 2,458,131 $ 4,233,263 $ 6,251,653 (1) Represents the professional fees and salaries paid to officers and directors. (2) Represents the share based compensation for officers and directors.

Additional Information on the N

Additional Information on the Nature of Comprehensive Income (Loss) Components	12 Months Ended
	Dec. 31, 2023
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, 2023 2022 2021 Expenses for employee benefits Operating and maintenance costs $ 737,354 $ 444,400 $ 384,427 Professional fees 187,913 307,534 91,249 Salaries 840,650 833,717 144,231 Share based compensation 1,620,777 3,296,238 7,804,271 $ 3,386,694 $ 4,881,889 $ 8,424,178 Net financial expenses Interest on loans $ 228,374 $ 238,204 $ 96,134 Interest from promissory note receivable (66,000 ) - - Interest on lease liabilities 92,860 58,014 236,680 Accretion on PPA liability (213,100 ) - - $ 42,134 $ 296,218 $ 332,814

Cash Flow Supplemental Informat

Cash Flow Supplemental Information	12 Months Ended
	Dec. 31, 2023
Cash Flow Supplemental Information [Abstract]
Cash flow supplemental information	21. Cash flow supplemental information Year Ended December 31, 2023 2022 2021 Digital currencies items Digital currencies mined $ (18,128,241 ) $ (24,190,060 ) $ (24,952,344 ) Bitcoin received from colocation services (185,819 ) - - Bitcoin received for electricity sales (538,197 ) - - Acquisition of digital currencies - (3,932,000 ) - Miner lease and hosting 614,813 9,768,179 3,469,287 Loss on digital currency option calls - 1,950,000 - Services paid in digital currencies 433,492 739,024 - Loss (gain) on sale of digital currencies (945,536 ) 11,574,330 (290,948 ) Interest paid in digital currencies - 216,329 - Digital currencies for loan repayment 883,622 - - Digital currencies traded for cash 19,264,980 16,016,280 - Loss (gain) on revaluation of digital currencies (10,991 ) 3,386,890 - $ 1,388,123 $ 15,528,972 $ (21,774,005 ) Working capital items Amounts receivable and prepaid expenses $ (1,320,109 ) $ 574,129 $ (1,604,703 ) Accounts payable and accrued liabilities 1,946,961 72,325 842,584 Income tax receivable 76,062 (550,000 ) - Deposit payable 975,184 (1,277,500 ) 1,788,500 $ 1,678,098 $ (1,181,046 ) $ 1,026,381

Segmented Reporting

Segmented Reporting	12 Months Ended
	Dec. 31, 2023
Segmented Reporting [Abstract]
Segmented Reporting	22. Segmented reporting The Company has three operating segments being cryptocurrency mining, sales of energy and colocation services located in the United States. Year ended December 31, 2023 Cryptocurrency Sales of Colocation Total Revenue $ 18,128,241 $ 6,309,398 $ 1,675,269 $ 26,112,908 Cost of revenue (14,646,658 ) (4,225,676 ) (1,345,590 ) (20,217,924 ) Depreciation and amortization (14,595,972 ) (327,447 ) - (14,923,419 ) Miner lease and hosting agreement (638,689 ) - - (638,689 ) Net profit (loss) (24,097,391 ) 1,882,302 329,679 (21,885,410 ) Cryptocurrency Sales of Colocation Year ended December 31, 2022 mining energy services Total Revenue $ 24,190,060 $ - $ - $ 24,190,060 Cost of revenue (17,760,786 ) - - (17,760,786 ) Depreciation and amortization (10,709,108 ) - - (10,709,108 ) Miner lease and hosting agreement (2,517,503 ) - - (2,517,503 ) Net income 4,329,342 - - 4,329,342 Cryptocurrency Sales of Colocation Year ended December 31, 2021 mining energy services Total Revenue $ 24,952,344 $ - $ - $ 24,952,344 Cost of revenue (7,072,764 ) - - (7,072,764 ) Depreciation and amortization (3,281,143 ) - - (3,281,143 ) Miner lease and hosting agreement (3,469,287 ) - - (3,469,287 ) Net income (3,132,693 ) - - (3,132,693 ) 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, 2023 Canada United States Total Current assets $ 30,078 $ 2,169,673 $ 2,199,751 Non-current assets - 39,947,596 39,947,596 Total assets $ 30,078 $ 42,117,269 $ 42,147,347 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

Capital Management

Capital Management	12 Months Ended
	Dec. 31, 2023
Capital Management [Abstract]
Capital management	23. 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, 2021.

Financial Instruments and Risk

Financial Instruments and Risk Management	12 Months Ended
	Dec. 31, 2023
Financial Instruments and Risk Management [Abstract]
Financial instruments and risk management	24. Financial instruments and risk management Fair value The fair value of the Company’s financial instruments, including cash, amounts receivable and accounts payable and accrued liabilities 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 is measured using relevant market input (Level 3). Digital currencies, amount owing to Northern Data and loan payable are measured at fair value using the quoted price on Gemini Exchange (Level 2). Warrant liabilities are measured at fair value using the Black-Scholes pricing model (Level 2) (see note 14). 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, deposits 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 in digital currency prices and exchange rates. The following table summarizes the expected maturity of the Company’s significant financial liabilities and other liabilities based on the remaining period from the balance sheet date to the contractual maturity date: Payments by period As at December 31, 2023 Less than 1-3 years 4-5 years More than Total Carrying Accounts payable and accrued liabilities $ 4,510,757 $ - $ - $ - $ 4,510,757 $ 4,510,757 Deposit payable - 1,486,184 - - 1,486,184 1,486,184 Lease liabilities 151,286 316,325 54,024 - 521,635 447,514 Mortgage payable 400,500 - - - 400,500 389,064 Loan payable 253,630 356,710 - - 610,340 610,340 $ 5,316,173 $ 2,159,219 $ 54,024 $ - $ 7,529,416 $ 7,443,859 Payments by period As at December 31, 2022 Less than 1-3 years 4-5 years More than Total Carrying 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 - 668,515 547,471 Mortgage payable 534,000 400,500 - - 934,500 877,127 $ 3,348,154 $ 1,218,611 $ 214,524 $ - $ 4,781,289 $ 4,602,872 Payments by period Less than More than Carrying As at December 31, 2021 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 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. 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 US 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, 2023, 2022 and 2021, 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 only consist of Bitcoin. The Corporation’s Ethereum inventory was converted to cash during Q1 2023. At December 31, 2023, had the market price of the Company’s holdings of digital currencies increased or decreased by 10% with all other variables held constant, the corresponding asset value increase or decrease respectively would amount to $82,288 (December 31, 2022 - $280,066; December 31, 2021 - $3,055,157).

Income Taxes

Income Taxes	12 Months Ended
	Dec. 31, 2023
Income Taxes [Abstract]
Income taxes	25. Income taxes (a) Provision for income taxes Year Ended December 31, 2023 2022 2021 (Restated) Income (loss) before income taxes $ (21,885,410 ) $ 2,791,875 $ (832,074 ) Combined statutory income tax rate 26.14 % 26.14 % 27.00 % Income tax benefit at the statutory tax rate (5,719,752 ) 729,657 (224,660 ) Non-deductible expenses 8,384 15,626 273,784 Revaluation of warrant liabilities 1,181,962 (8,365,980 ) (418,774 ) Foreign exchange gain 360,003 (593,325 ) - Share based compensation 421,396 - 1,304,058 Impairment of goodwill - 329,506 - Effect of lower tax rate of subsidiary - - (103,388 ) Other - 59,931 126,874 Change in unrecognized deferred tax asset 3,748,007 6,287,118 1,342,725 Deferred Income tax (recovery) provision $ - $ (1,537,467 ) $ 2,300,619 Current income taxes in the income statement $ - $ - $ 127,340 Composition of deferred income taxes in the income statement Inception and reversal of temporary differences $ (3,748,007 ) $ (7,824,585 ) $ 2,089,839 Prior period adjustment - - 83,440 Change in unrecognized deferred tax asset 3,748,007 6,287,118 - Deferred Income tax (recovery) provision $ - $ (1,537,467 ) $ 2,173,279 Total income tax expense (recovery) for the year $ - $ (1,537,467 ) $ 2,300,619 (b) Deferred income tax Movement of deferred income tax in 2023: January 1, Profit or loss Other Equity December 31, Property, plant and equipment $ (5,030,883 ) $ 5,030,883 $ - $ - $ - Right of use assets (663,423 ) 45,039 - - (618,384 ) Digital currencies 1,186,090 (1,186,090 ) - - - Lease liabilities 143,082 (143,082 ) - - - Non-capital losses 4,365,134 (3,746,750 ) - - 618,384 Non-capital losses - Canada 593,325 (185,959 ) - - 407,366 Unrealized foreign exchange gain - Canada (593,325 ) 185,959 - - (407,366 ) Total $ - $ - $ - $ - $ - Movement of deferred income tax in 2022: January 1, Profit or Other Equity December 31, 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 ) As at December 31, 2023, 2022 and 2021, deductible timing differences available for which the Company has not recognized deferred tax asset are as follows: As at As at As at Property, plant and equipment $ 4,699,113 $ - $ - Capital losses 11,951,649 - - Digital currencies 22,267 - - Share issue costs (Canada) 2,847,119 6,042,213 529,320 Stock based compensation 2,374,501 4,307,117 - Lease liability 447,514 - - Other 315,521 - - Non-capital losses - USA 15,193,118 21,425,219 - Non-capital losses - Canada 4,084,437 1,929,162 2,359,944 $ 41,935,239 $ 33,703,711 $ 2,889,264 The ability to realize the tax benefits is dependent upon a number of factors, including the future profitability of The Canadian non-capital losses for which no deferred tax asset was recognized expire in 2041 and 2043. The non- capital losses available in the United States have no expiry date. The capital losses available in the United States have expiry date of 5 year.

Subsequent Events

Subsequent Events	12 Months Ended
	Dec. 31, 2023
Subsequent Events [Abstract]
Subsequent events	26. Subsequent events (i) On March 5, 2024, the Company announced that it signed a multi-year hosting agreement with a manufacturer of digital currency mining servers. Under the agreement, Digihost will receive an upfront deposit of approximately $1.8 million along with 4,640 S19 XPs (21.5W/TH), which equates to approximately 14MW of hosting. (ii) Subsequent to December 31, 2023, 3,955,993 warrants with a weighted average exercise price of CAD$7.70 expired unexercised. (iii) On August 5, 2024, the Company announced that it entered into subscription agreements with certain institutional investors for gross proceeds of up to US$4 million in a private placement of its equity securities (the “2024 Private Placement”), comprised of 3,636,363 units of the Company (“Units”) at a purchase price of US$1.10 per Unit, representing a premium of 9% to the most recent closing price of the Shares (as defined below) on Nasdaq. Each Unit is comprised of one subordinate voting share of the Company (a “Share”) and one warrant (a “2024 Warrant”), with each 2024 Warrant entitling the holder to purchase one additional Share. The 2024 Warrants have an exercise price of US$2.00 per Share and exercise period of three years from the issuance date. The 2024 Private Placement closed on August 15, 2024.

Accounting Policies, by Policy

Accounting Policies, by Policy (Policies)	12 Months Ended
	Dec. 31, 2023
Accounting Policies [Abstract]
Statement of compliance	(a) Statement of compliance The consolidated financial statements have been prepared in accordance with International Financial Reporting Standards as issued by the International Accounting Standards Board (the “IFRS Accounting Standards”) issued effective for the Company’s reporting for the year ended December 31, 2023.
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., DGX Holdings, LLC and World Generation X, 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., DGX Holding, LLC and World Generation X, LLC is the United States dollar. 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 is 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 (loss) as cumulative translation adjustments.
Revenue recognition	(f) Revenue recognition The Company recognizes revenue under IFRS 15, “ Revenue from Contracts with Customers To determine revenue recognition for contracts with customers, the Company performs the following five steps: (i) identify the contract with the customer, (ii) identify the performance obligations in the contract, (iii) determine the transaction price, including variable consideration to the extent that it is probable that a significant future reversal will not The Company recognizes revenue when it transfers its goods and services to customers in an amount that reflects the consideration to which the Company expects to be entitled in such exchange. In order to identify the performance obligations in a contract with a customer, a company must assess the promised goods or services in the contract and identify each promised good or service that is distinct. A performance obligation meets IFRS 15’s definition of a “distinct” good or service (or bundle of goods or services) if both of the following criteria are met: The customer can benefit from the good or service either on its own or together with other resources that are readily available to the customer (i.e., the good or service is capable of being distinct), and the entity’s promise to transfer the good or service to the customer is separately identifiable from other promises in the contract (i.e., the promise to transfer the good or service is distinct within the context of the contract). If a good or service is not distinct, the good or service is combined with other promised goods or services until a bundle of goods or services is identified that is distinct. The transaction price is the amount of consideration to which an entity expects to be entitled in exchange for transferring promised goods or services to a customer. The consideration promised in a contract with a customer may include fixed amounts, variable amounts, or both. When determining the transaction price, an entity must consider the effects of all of the following: ● Variable consideration ● Constraining estimates of variable consideration ● The existence of a significant financing component in the contract ● Non-cash consideration ● Consideration payable to a customer Variable consideration is included in the transaction price only to the extent that it is highly probable that a significant reversal in the amount of cumulative revenue recognized will not occur when the uncertainty associated with the variable consideration is subsequently resolved. The transaction price is allocated to each performance obligation on a relative standalone selling price basis. The transaction price allocated to each performance obligation is recognized when that performance obligation is satisfied, at a point in time or over time as appropriate. Digital currency mining: The Company’s revenue is derived from providing computing power (hashrate) to mining pools. The Company has entered into arrangements, as amended from time to time, with mining pool operators to provide computing power to the mining pools. The provision of computing power to mining pools is an output of the Company’s ordinary activities. The Company has the right to decide the point in time and duration for which it will provide computing power. As a result, the Company’s enforceable right to compensation only begins when, and continues as long as, the Company provides computing power to the mining pool. The contracts can be terminated at any time by either party without substantive compensation to the other party for such termination. Upon termination, the mining pool operator (i.e., the customer) is required to pay the Company any amount due related to previously satisfied performance obligations. Therefore, the Company has determined that the duration of the contract is less than 24 hours and that the contract continuously renews throughout the day. The Company has determined that this renewal right is not a material right as the terms, conditions, and compensation amounts are at then market rates. There is no significant financing component in these transactions. In exchange for providing computing power, which represents the Company’s only performance obligation, the Company is entitled to non-cash consideration in the form of cryptocurrency, calculated under one of two payout methods, depending on the mining pool. The payout method used by the mining pool in which the Company participated is the Full Pay Per Share (“FPPS”). This payout method contains three components, (i) a fractional share of the fixed cryptocurrency award from the mining pool operator (referred to as a “block reward”), (ii) transaction fees generated from (paid by) blockchain users to execute transactions and distributed (paid out) to individual miners by the mining pool operator, and (iii) mining pool operating fees retained by the mining pool operator for operating the mining pool. The Company’s total compensation is the sum of the Company’s share of (a) block rewards and (b) transaction fees, less (c) mining pool operating fees. o Block rewards are calculated as follows under the FPPS method. The block reward earned by the Company is calculated by the mining pool operator based on the proportion of hashrate the Company contributed to the mining pool to the total network hashrate used in solving the current algorithm. The Company is entitled to its relative share of consideration even if a block is not successfully added to the blockchain by the mining pool. o Transaction fees refer to the total fees paid by users of the network to execute transactions. Under FPPS, the Company is entitled to a pro-rata share of the total network transaction fees. The transaction fees paid out by the mining pool operator to the Company are based on the proportion of hashrate the Company contributed to the mining pool to the total network hashrate. The Company is entitled to its relative share of consideration even if a block is not successfully added to the blockchain by the mining pool. o Mining pool operating fees are charged by the mining pool operator for operating the mining pool as set forth in a rate schedule to the mining pool contract. The mining pool operating fees reduce the total amount of compensation the Company receives and are only incurred to the extent that the Company has generated mining revenue pursuant to the mining pool operators’ payout calculation. Because the consideration to which the Company expects to be entitled for providing computing power is entirely variable (block rewards, transaction fees and pool operating fees), as well as being non-cash consideration, the Company assesses the estimated amount of the variable non-cash consideration to which it expects to be entitled for providing computing power at contract inception and subsequently to determine when and to what extent it is highly probable that a significant reversal in the amount of cumulative revenue recognized will not occur once the uncertainty associated with the variable consideration is subsequently resolved. For each contract under the FPPS payout method, the Company recognizes the non-cash consideration on the same day that control of the contracted service transfers to the mining pool operator, which is the same day as the contract inception. For the contract under the FPPS payout method, the Company measures non-cash consideration at the cryptocurrency spot price at the beginning of the day on the date of contract inception, as determined by the Company’s principal market, which is Gemini. ● Colocation services: The Company recognizes revenue from its colocation services when it satisfies performance obligations by transferring the control of services, which include power provision and space rental, to customers. Revenue is recognized monthly in an amount that reflects actual power consumption, as per contractual terms, and any fixed maintenance fees are recognized over time as services are rendered to customers, aligning the recognition of revenue with the delivery of services. The transaction price for colocation services includes both fixed fees and variable considerations, which are incorporated only if a significant reversal in the future is deemed unlikely. ● Sale of electricity: The Company recognizes revenue from the sale of electricity when it has satisfied its performance obligation, which occurs as the electricity is provided to the customer. The Company supplies the requisite power and ancillary operational functions in order for the digital currency mining equipment on its property to run efficiently outside of its facilities. Revenue is recorded monthly based on the actual consumption of energy by the customer, at the price determined by the contract. This reflects the Company’s performance and the customer’s consumption benefits, with variable consideration being recognized in the period it is due. The transaction price for sale of electricity includes both fixed fees and variable considerations, which are incorporated only if a significant reversal in the future is deemed unlikely. ● Sale of energy: The Company recognizes revenue from the sale of energy upon the satisfaction of the performance obligation, specifically at the point when control of the energy is transferred to the end customer. This key moment reflects the Company’s fulfillment of its contractual duties.
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 currencies are recognized as revenue, the fair value of the Bitcoin received is considered to be the cost of the digital currencies. Under the revaluation method, increases in fair value (loss) are recorded in other comprehensive income (loss), 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 (loss) 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 (loss) are recorded in other comprehensive income (loss). 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 the Gemini Exchange. Gemini serves as the Company’s principal market. 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 a quote of the currency on an active market.
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: o Leases of low value assets; and o Leases with a duration of twelve 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: o Amounts expected to be payable under any residual value guarantee; o The exercise price of any purchase option granted if it is reasonable certain to assess that option; and o Any penalties payable for terminating the lease, if the term of the lease has been estimated on the basis of a 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: o Lease payments made at or before commencement of the lease; o Initial direct costs incurred; and o 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.
Segment reporting	(m) Segment reporting The reporting segments are identified on the basis of information that is reviewed by the chief operating decision maker to make decisions about resources to be allocated and assess its performance. Accordingly, for management purposes, the Company has three reporting segments namely, cryptocurrency mining, sales of energy and colocation services.
Provisions	(n) 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.
Financial instruments	(o) Financial instruments Financial assets are classified and measured based on the business model in which they are held and the characteristics of their contractual cash flows. The primary measurement categories for financial assets are measured at amortized cost, fair value through other comprehensive income (loss) (“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, amounts receivable and deposits 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 (loss) 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, loans payable and deposit payable are classified as measured at amortized cost. The Company’s amount owing to Northern Data and warrant liabilities are classified as measured at FVTPL with gains and losses recognized in profit and loss. 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. The 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	(p) 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. Assets and liabilities of the Company are translated to the presentation currency. The resulting translation adjustments are charged or credited to the cumulative translation reserve.
Loss per share	(q) 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.
Share-based compensation	(r) Share-based compensation The granting of stock options and restricted share units (“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 a 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.
Business combinations	(s) 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	(t) 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.	(u) 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	(v) Critical accounting judgements, estimates and assumptions The preparation of these financial statements in conformity with IFRS Accounting Standards 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 judgements (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 contract inception. 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 judgement 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) Going concern The assessment of the Company’s ability to continue as a going concern involves judgment regarding future funding available for its operations and working capital requirements as discussed in note 1. (iv) 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) Determination of asset and liability fair values and allocation of purchase consideration Significant business combinations require judgements and estimates to be made at the date of acquisition in relation to determining the relative fair value of the allocation of the purchase consideration over the fair value of the assets. The information necessary to measure the fair values as at the acquisition date of assets acquired requires management to make certain judgements and estimates about future events, including but not limited to availability of hardware and expertise, future production opportunities, future digital currency prices and future operating costs. (ii) 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. (iii) 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. (iv) Impairment of goodwill Determining whether goodwill is impaired requires an estimation of the recoverable amount of the cash generating unit (“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 9. 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. (v) 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.

Material Accounting Policies (T

Material Accounting Policies (Tables)	12 Months Ended
	Dec. 31, 2023
Significant Accounting Policies [Abstract]
Schedule of Policies for 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

Digital Currencies (Tables)

Digital Currencies (Tables)	12 Months Ended
	Dec. 31, 2023
Digital Currencies [Abstract]
Schedule of Holdings of Digital Currencies	The Company’s holdings of digital currencies consist of the following: As at As at As at December 31, December 31, December 31, 2023 2022 2021 Bitcoin $ 822,884 $ 1,842,177 $ 29,770,994 Ethereum - 958,480 3,720,992 $ 822,884 $ 2,800,657 $ 33,491,986
Schedule of Continuity of Digital Currencies	The continuity of digital currencies was as follows: Number of Amount Number of Amount Total 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 Balance, December 31, 2021 632 $ 29,770,994 1,001 $ 3,720,992 $ 33,491,986 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 and equipment 9 345,658 - - 345,658 Acquisition of digital currencies (5) 100 3,932,000 - - 3,932,000 Digital currencies paid for services (27 ) (739,024 ) - - (739,024 ) Digital currencies traded for cash (5) (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 Bitcoin mined (2) 640 18,128,241 - - 18,128,241 Bitcoin received from colocation services (3) 6 185,819 - - 185,819 Bitcoin received for electricity sales (3) 18 538,197 - - 538,197 Digital currencies traded for cash (5) (655 ) (18,018,987 ) (801 ) (1,245,993 ) (19,264,980 ) Digital currencies paid for services (20 ) (433,492 ) - - (433,492 ) Digital currencies for loan repayment (30 ) (883,622 ) - - (883,622 ) Bitcoin remitted to Northern Data (2) (51 ) (1,204,463 ) - - (1,204,463 ) Gain on sale of digital currencies - 658,023 - 287,513 945,536 Revaluation adjustment (1) - 10,991 - - 10,991 Balance, December 31, 2023 (4) 19 $ 822,884 $ - - $ 822,884 (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, 2023, the prices of Bitcoin and Ethereum were $42,244 (December 31, 2022 - $16,548; December 31, 2021 – $47,117) and $1,674 (December 31, 2022 - $1,197; December 31, 2021 – $3,718), respectively, resulting in total revaluation gain of $(10,991) (loss of $8,010,913 in 2022). In 2022, 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 (loss). (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, 2023, the Company must remit nil Bitcoin (December 31, 2022 - 19 Bitcoin; December 31, 2021 - 62 Bitcoin) with a value of $ nil (3) During the year ended December 31, 2023, the Company entered into a Mining Operations Agreement with Northern Data NY, LLC, and Colocation Services Agreements with both Corner Energy Ltd. and Bit Digital USA, Inc. Pursuant to these agreements, the parties have agreed to split a portion of the energy costs and mining rewards received incurred for the power consumed by the miners put in service at the Company’s respective sites pursuant to these agreements. As at December 31, 2023, the Company is owed $565,680 from these parties related to these agreements (December 31, 2022 - $ nil nil (4) Digital currencies were measured at fair value using the quoted prices on the Gemini exchange during the year ended December 31, 2023 and CoinMarketCap, a pricing aggregator, during the years ended December 31, 2022 and 2021, respectively. The Company began using Gemini as its principal market during the year ended December 31, 2023. The Company believes any price difference between the principal market and an aggregated price to be immaterial. (5) Represents a cash transaction. All others are non-cash transactions.

Business Combination (Tables)

Business Combination (Tables)	12 Months Ended
	Dec. 31, 2023
Business Combination [Abstract]
Schedule of Fair Value of the Net Identified Net Assets	At the date of acquisition, the Company determined the fair value of the net identified net assets as follows: Total final consideration paid in cash $ 4,749,666 Identified fair value of net assets acquired: Prepaids and deposits 418,287 Land 530,000 Power plant infrastructure 4,643,800 PPA capacity liability (213,100 ) Accounts payable (218,621 ) Loan payable (410,700 ) $ 4,749,666

Amounts Receivable and Other _2

Amounts Receivable and Other Assets (Tables)	12 Months Ended
	Dec. 31, 2023
Amounts Receivable and Other Assets [Abstract]
Schedule of Amounts Receivable and Other Assets	Amounts receivable and other assets As at As at As at December 31, December 31, December 31, 2023 2022 2021 Deposits $ 2,297,314 $ 444,990 $ 150,000 Prepaid expenses 115,577 296,360 559,575 Accounts receivable 565,680 492,825 911,200 Other receivable - - 187,529 Interest receivable (note 10) 48,000 - - 3,026,571 1,234,175 1,808,304 Long-term deposits and prepaid expenses (2,159,314 ) - - $ 867,257 $ 1,234,175 $ 1,808,304

Property, Plant and Equipment (

Property, Plant and Equipment (Tables)	12 Months Ended
	Dec. 31, 2023
Property, Plant and Equipment [Abstract]
Schedule of Property Plant and Equipment	Land and Data Equipment Leasehold Equipment in Power plant buildings miners and other improvement construction in use Total Cost 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 3,658,510 - 1,641,520 39,542 10,413,466 - 15,753,038 Disposal - (1,253,992 ) - - - - (1,253,992 ) Transfer asset in use - - 3,218,685 - (3,218,685 ) - - December 31, 2022 3,658,510 30,404,111 8,223,529 1,079,542 14,343,701 - 57,709,393 Additions 827,230 1,491,668 688,868 - - - 3,007,766 Disposal - - (499,950 ) - - - (499,950 ) Write-off - - (1,363,941 ) - - - (1,363,941 ) Transfer asset in use - - 14,343,701 - (14,343,701 ) - - Acquired in business combination (note 4) 530,000 - - - - 4,643,800 5,173,800 December 31, 2023 $ 5,015,740 $ 31,895,779 $ 21,392,207 $ 1,079,542 $ - $ 4,643,800 $ 64,027,068 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 1,607,458 105,208 - - 10,527,912 Impairment - 1,556,000 - - - - 1,556,000 Disposal - (1,253,992 ) - - - - (1,253,992 ) December 31, 2022 - 12,937,550 2,664,346 296,264 - - 15,898,160 Depreciation - 9,825,482 4,483,977 105,318 - 327,447 14,742,224 December 31, 2023 $ - $ 22,763,032 $ 7,148,323 $ 401,582 $ - $ 327,447 $ 30,640,384 Net carrying value As at December 31, 2022 $ 3,658,510 $ 17,466,561 $ 5,559,183 $ 783,278 $ 14,343,701 $ - $ 41,811,233 As at December 31, 2023 $ 5,015,740 $ 9,132,747 $ 14,243,884 $ 677,960 $ - $ 4,316,353 $ 33,386,684 (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, 2023
Right-of-Use Assets [Abstract]
Schedule of Right-of-Use Assets	As at As at As at December 31, December 31, December 31, 2023 2022 2021 Balance, beginning of period $ 2,538,447 $ 2,078,599 $ 2,413,720 Additions (1) - 602,172 - Depreciation (172,332 ) (142,324 ) (198,291 ) Modification of lease (2) - - (136,830 ) Balance, end of period $ 2,366,115 $ 2,538,447 $ 2,078,599 (1) In April 2022, the Company entered into a lease for its head office for a term of 5 years. (2) 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 (Tables)

Intangible Asset (Tables)	12 Months Ended
	Dec. 31, 2023
Intangible Asset [Abstract]
Schedule of Intangible Asset Relates to the Right-of-Use of an Electric Power Facility	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, 2023 2022 2021 Balance, beginning of period $ 1,314,028 $ 1,443,260 $ 1,572,500 Amortization (129,230 ) (129,232 ) (129,240 ) Balance, end of period $ 1,184,798 $ 1,314,028 $ 1,443,260

Goodwill (Tables)

Goodwill (Tables)	12 Months Ended
	Dec. 31, 2023
Goodwill [Abstract]
Schedule of Goodwill	As at As at As at December 31, December 31, December 31, 2023 2022 2021 Balance, beginning of period $ - $ 1,346,904 $ 1,342,281 Impairment - (1,260,783 ) - Foreign currency translation - (86,121 ) 4,623 Balance, end of period $ - $ - $ 1,346,904

Promissory Note Receivable (Tab

Promissory Note Receivable (Tables)	12 Months Ended
	Dec. 31, 2023
Promissory Note Receivable [Abstract]
Schedule of Promissory Note Receivable	As at As at As at December 31, December 31, December 31, 2023 2022 2021 Balance, beginning of period $ 806,000 $ 800,000 $ - Additions - - 800,000 Interest - 6,000 - Payments received (6,000 ) - - Fair value adjustment 50,685 - - Balance, end of period $ 850,685 $ 806,000 $ 800,000

Lease Liabilities (Tables)

Lease Liabilities (Tables)	12 Months Ended
	Dec. 31, 2023
Lease Liabilities [Abstract]
Schedule of the Lease Liabilities	The continuity of the lease liabilities are presented in the table below: As at As at As at December 31, December 31, December 31, 2023 2022 2021 Balance, beginning of period $ 547,471 $ - $ 2,546,160 Additions (1) - 602,172 - Interest 46,923 41,299 236,680 Lease payments (146,880 ) (96,000 ) (2,647,669 ) Modification of lease (2) - - (135,171 ) Balance, end of period $ 447,514 $ 547,471 $ - Current portion $ 110,651 $ 99,957 $ - Non-current portion 336,863 447,514 - Total lease liabilities $ 447,514 $ 547,471 $ - (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 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 7.
Schedule of Maturity Analysis - Contractual Undiscounted Cash Flows	Maturity analysis - contractual undiscounted cash flows As at December 31, 2023 Less than one year $ 151,286 One to five years 370,349 Total undiscounted lease obligations $ 521,635

Loans Payable (Tables)

Loans Payable (Tables)	12 Months Ended
	Dec. 31, 2023
Loans Payable [Abstract]
Schedule of Loans Payable	As at As at As at December 31, December 31, December 31, 2023 2022 2021 Balance, beginning of the period $ - $ - $ 2,543,083 New loans (1)(2) 691,500 10,000,000 1,432,000 Loan assumed in business acquisition (3) 410,700 - - Repayment of loans (1,027,754 ) (10,000,000 ) (3,975,083 ) Interest 225,373 - - Fair value adjustment 310,521 - - Balance, end of the period 610,340 - - Long-term loans payable (356,710 ) - - $ 253,630 $ - $ - (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. (2) The Company entered into a loan agreement with Doge Capital LLC (“Doge”), a company controlled by the chief executive officer, dated February 6, 2023, whereby Doge lent the Company the equivalent value of 30 Bitcoins, being (3) Upon the closing of the power plant transaction (note 4), the Company assumed a loan agreement with Niagara Mohawk Power Corporation dated September 1, 2020. The Company is required to make minimum payments of $2,500 per month, with the outstanding balance of $410,700. As the outstanding principal balance was not paid in full as of September 6, 2023, interest shall accrue on the outstanding balance as of that date and each subsequent month thereafter at the rate for overdue payments described as in National Grid’s Electricity Tariff for Service Classification No 6.

Mortgage Payable (Tables)

Mortgage Payable (Tables)	12 Months Ended
	Dec. 31, 2023
Mortgage payable [Abstract]
Schedule of Incremental Borrowing Rate	As at As at As at December 31, December 31, December 31, 2023 2022 2021 Balance, beginning of period $ 877,127 $ - $ - Additions - 993,912 - Interest 45,937 16,715 - Payments (534,000 ) (133,500 ) - Balance, end of period $ 389,064 $ 877,127 $ - Current portion $ 389,064 $ 488,062 $ - Non-current portion - 389,065 - Total mortgage payable $ 389,064 $ 877,127 $ -
Schedule of Contractual Undiscounted Cash Flows	As at December 31, 2023 Less than one year $ 400,500 Total undiscounted mortgage obligations $ 400,500

Warrant Liabilities (Tables)

Warrant Liabilities (Tables)	12 Months Ended
	Dec. 31, 2023
Warrant Liabilities [Abstract]
Schedule of the Warrant Liabilities	The following table summarizes the changes in the warrant liabilities for the Company’s warrants for the periods ended December 31, 2023, 2022 and 2021: Number of warrants Amount 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 15(b)(ii)) (3,029,748 ) (5,887,840 ) Pre-funded warrants issued (note 15(b)(ii)) 300,000 927,463 Pre-funded warrants exercised (note 15(b)(ii)) (300,000 ) (927,463 ) Revaluation of warrant liabilities - (32,010,637 ) Foreign currency translation - (230,834 ) Balance, December, 2022 9,098,514 821,697 Revaluation of warrant liabilities - 4,522,523 Foreign currency translation - 112,529 Balance, December 31, 2023 9,098,514 $ 5,456,749
Schedule of Fair Value Warrants	The fair value of the Company’s warrants has been determined using the Black-Scholes pricing model and the following weighted average assumptions: As at As at As at December 31, Issued December 31, Issued December 31, 2023 in 2022 2022 in 2021 2021 Spot price (in CAD$) $ 3.06 $ 3.78 $ 0.47 $ 6.04 $ 5.97 Risk-free interest rate 3.91 % 1.62 % 4.07 % 0.66 % 1.03 % Expected annual volatility 123 % 145 % 143 % 139 % 147 % Expected life (years) 1.00 3.50 2.01 3.43 2.72 Dividend nil nil nil nil nil
Schedule of Warrants Outstanding and Exercisable	The following table reflects the Company’s warrants outstanding and exercisable as at December 31, 2023 and December 31, 2022: Warrants Weighted Expiry date exercisable (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

Warrants (Tables)

Warrants (Tables)	12 Months Ended
	Dec. 31, 2023
Warrants [Abstract]
Schedule of Warrants	Weighted Average Number of Exercise Price Warrants (CAD$) Balance, December 31, 2020 36,858 5.25 Issued 783,436 8.30 Expired (36,858 ) 5.25 Balance, December 31, 2021 783,436 8.30 Issued (note 15(b)(ii)) 242,380 6.25 Balance, December 31, 2022 and December 31, 2023 1,025,816 7.81
Schedule of Warrants Issued and Outstanding	The following table reflects the warrants issued and outstanding as of December 31, 2023: Weighted Number of Average Warrants Exercise Contractual Outstanding Price (CAD$) Life (years) Expiry Date 249,688 10.01 0.21 March 16, 2024 (1) 222,222 6.75 0.47 June 18, 2024 (1) 311,526 8.025 1.27 April 9, 2025 (1) 242,380 6.25 1.69 September 9, 2025 (1) 1,025,816 7.81 0.94 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 (1) Broker warrants.

Stock Options and Restricted _2

Stock Options and Restricted Share Units (Tables)	12 Months Ended
	Dec. 31, 2023
Stock Options and Restricted Share Units [Abstract]
Schedule of Continuity of Stock Options	The following table reflects the continuity of stock options for the periods presented below: Number of Weighted 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 Expired / cancelled (499,664 ) 5.13 Balance, December 31, 2023 692,170 5.09
Schedule of Stock Options Issued and Outstanding	The following table reflects the stock options issued and outstanding as of December 31, 2023: Expiry Date Exercise Price Weighted Number of Number of Number of February 14, 2025 2.88 1.13 258,334 258,334 - January 5, 2026 3.75 2.02 183,498 183,498 - February 24, 2026 13.92 2.15 50,000 50,000 - March 25, 2026 7.47 2.23 116,668 116,668 - May 17, 2026 7.35 2.38 55,001 55,001 - June 22, 2026 4.20 2.48 28,669 28,669 - 5.09 1.78 692,170 692,170 - Expiry Date Exercise Price Weighted Number of Number of Number of 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 -
Schedule of Restricted Share Units (RSUs)	The following table reflects the continuity of RSUs for the periods ended December 31, 2023 and 2022: Number of Balance, December 31, 2021 - Granted 1,449,250 Cancelled (10,000 ) Balance, December 31, 2022 1,439,250 Granted 77,232 Converted (479,582 ) Balance, December 31, 2023 1,036,900

Income (Loss) Per Share (Tables

Income (Loss) Per Share (Tables)	12 Months Ended
	Dec. 31, 2023
Income (loss) per share [Abstract]
Schedule of Income (Loss) Per Share	Year Ended December 31, 2023 2022 2021 Net income (loss) for the year $ (21,885,410 ) $ 4,329,342 $ (3,132,693 ) Net income (loss) per share - basic $ (0.77 ) $ 0.16 $ (0.14 ) Net income (loss) per share – diluted (i) $ (0.77 ) $ 0.15 * $ (0.14 ) Weighted average number of shares outstanding - basic 28,753,101 27,227,284 21,781,806 Weighted average number of shares outstanding – diluted 28,753,101 28,010,720 21,781,806 * During the external audit of the Corporation’s financial statements for the year ended December 31, 2023, the Corporation determined that it was required to make an immaterial error correction to distinguish diluted net income (loss) per share from basic net income (loss) per share. (i) Diluted income per share does not include the effect of warrants and stock options as they are anti-dilutive.

Related Party Transactions (Tab

Related Party Transactions (Tables)	12 Months Ended
	Dec. 31, 2023
Related Party Transactions [Abstract]
Schedule of Remuneration of Key Management Personnel	Remuneration of key management personnel of the Company was as follows: Year Ended December 31, 2023 2022 2021 Professional fees (1) $ 187,913 $ 307,534 $ 91,249 Salaries (1) 840,650 833,717 144,231 Share based compensation (2) 1,429,568 3,092,012 6,016,173 $ 2,458,131 $ 4,233,263 $ 6,251,653 (1) Represents the professional fees and salaries paid to officers and directors. (2) Represents the share based compensation for officers and directors.

Additional Information on the_2

Additional Information on the Nature of Comprehensive Income (Loss) Components (Tables)	12 Months Ended
	Dec. 31, 2023
Additional Information on the Nature of Comprehensive Income (Loss) Components [Abstract]
Schedule of Additional Information on the Nature of Comprehensive Income (Loss) Components	Year Ended December 31, 2023 2022 2021 Expenses for employee benefits Operating and maintenance costs $ 737,354 $ 444,400 $ 384,427 Professional fees 187,913 307,534 91,249 Salaries 840,650 833,717 144,231 Share based compensation 1,620,777 3,296,238 7,804,271 $ 3,386,694 $ 4,881,889 $ 8,424,178 Net financial expenses Interest on loans $ 228,374 $ 238,204 $ 96,134 Interest from promissory note receivable (66,000 ) - - Interest on lease liabilities 92,860 58,014 236,680 Accretion on PPA liability (213,100 ) - - $ 42,134 $ 296,218 $ 332,814

Cash Flow Supplemental Inform_2

Cash Flow Supplemental Information (Tables)	12 Months Ended
	Dec. 31, 2023
Cash Flow Supplemental Information [Abstract]
Schedule of Cash Flow Supplemental Information	Year Ended December 31, 2023 2022 2021 Digital currencies items Digital currencies mined $ (18,128,241 ) $ (24,190,060 ) $ (24,952,344 ) Bitcoin received from colocation services (185,819 ) - - Bitcoin received for electricity sales (538,197 ) - - Acquisition of digital currencies - (3,932,000 ) - Miner lease and hosting 614,813 9,768,179 3,469,287 Loss on digital currency option calls - 1,950,000 - Services paid in digital currencies 433,492 739,024 - Loss (gain) on sale of digital currencies (945,536 ) 11,574,330 (290,948 ) Interest paid in digital currencies - 216,329 - Digital currencies for loan repayment 883,622 - - Digital currencies traded for cash 19,264,980 16,016,280 - Loss (gain) on revaluation of digital currencies (10,991 ) 3,386,890 - $ 1,388,123 $ 15,528,972 $ (21,774,005 ) Working capital items Amounts receivable and prepaid expenses $ (1,320,109 ) $ 574,129 $ (1,604,703 ) Accounts payable and accrued liabilities 1,946,961 72,325 842,584 Income tax receivable 76,062 (550,000 ) - Deposit payable 975,184 (1,277,500 ) 1,788,500 $ 1,678,098 $ (1,181,046 ) $ 1,026,381

Segmented Reporting (Tables)

Segmented Reporting (Tables)	12 Months Ended
	Dec. 31, 2023
Segmented Reporting [Abstract]
Schedule of Operating Segments	The Company has three operating segments being cryptocurrency mining, sales of energy and colocation services located in the United States. Year ended December 31, 2023 Cryptocurrency Sales of Colocation Total Revenue $ 18,128,241 $ 6,309,398 $ 1,675,269 $ 26,112,908 Cost of revenue (14,646,658 ) (4,225,676 ) (1,345,590 ) (20,217,924 ) Depreciation and amortization (14,595,972 ) (327,447 ) - (14,923,419 ) Miner lease and hosting agreement (638,689 ) - - (638,689 ) Net profit (loss) (24,097,391 ) 1,882,302 329,679 (21,885,410 ) Cryptocurrency Sales of Colocation Year ended December 31, 2022 mining energy services Total Revenue $ 24,190,060 $ - $ - $ 24,190,060 Cost of revenue (17,760,786 ) - - (17,760,786 ) Depreciation and amortization (10,709,108 ) - - (10,709,108 ) Miner lease and hosting agreement (2,517,503 ) - - (2,517,503 ) Net income 4,329,342 - - 4,329,342 Cryptocurrency Sales of Colocation Year ended December 31, 2021 mining energy services Total Revenue $ 24,952,344 $ - $ - $ 24,952,344 Cost of revenue (7,072,764 ) - - (7,072,764 ) Depreciation and amortization (3,281,143 ) - - (3,281,143 ) Miner lease and hosting agreement (3,469,287 ) - - (3,469,287 ) Net income (3,132,693 ) - - (3,132,693 )
Schedule of Geographic Segmentation	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, 2023 Canada United States Total Current assets $ 30,078 $ 2,169,673 $ 2,199,751 Non-current assets - 39,947,596 39,947,596 Total assets $ 30,078 $ 42,117,269 $ 42,147,347 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

Financial Instruments and Ris_2

Financial Instruments and Risk Management (Tables)	12 Months Ended
	Dec. 31, 2023
Financial Instruments and Risk Management [Abstract]
Schedule of Significant Financial Liabilities and Other Liabilities	The following table summarizes the expected maturity of the Company’s significant financial liabilities and other liabilities based on the remaining period from the balance sheet date to the contractual maturity date: Payments by period As at December 31, 2023 Less than 1-3 years 4-5 years More than Total Carrying Accounts payable and accrued liabilities $ 4,510,757 $ - $ - $ - $ 4,510,757 $ 4,510,757 Deposit payable - 1,486,184 - - 1,486,184 1,486,184 Lease liabilities 151,286 316,325 54,024 - 521,635 447,514 Mortgage payable 400,500 - - - 400,500 389,064 Loan payable 253,630 356,710 - - 610,340 610,340 $ 5,316,173 $ 2,159,219 $ 54,024 $ - $ 7,529,416 $ 7,443,859 Payments by period As at December 31, 2022 Less than 1-3 years 4-5 years More than Total Carrying 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 - 668,515 547,471 Mortgage payable 534,000 400,500 - - 934,500 877,127 $ 3,348,154 $ 1,218,611 $ 214,524 $ - $ 4,781,289 $ 4,602,872 Payments by period Less than More than Carrying As at December 31, 2021 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

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2023
Income Taxes [Abstract]
Schedule of Provision for Income Taxes	Provision for income taxes Year Ended December 31, 2023 2022 2021 (Restated) Income (loss) before income taxes $ (21,885,410 ) $ 2,791,875 $ (832,074 ) Combined statutory income tax rate 26.14 % 26.14 % 27.00 % Income tax benefit at the statutory tax rate (5,719,752 ) 729,657 (224,660 ) Non-deductible expenses 8,384 15,626 273,784 Revaluation of warrant liabilities 1,181,962 (8,365,980 ) (418,774 ) Foreign exchange gain 360,003 (593,325 ) - Share based compensation 421,396 - 1,304,058 Impairment of goodwill - 329,506 - Effect of lower tax rate of subsidiary - - (103,388 ) Other - 59,931 126,874 Change in unrecognized deferred tax asset 3,748,007 6,287,118 1,342,725 Deferred Income tax (recovery) provision $ - $ (1,537,467 ) $ 2,300,619 Current income taxes in the income statement $ - $ - $ 127,340 Composition of deferred income taxes in the income statement Inception and reversal of temporary differences $ (3,748,007 ) $ (7,824,585 ) $ 2,089,839 Prior period adjustment - - 83,440 Change in unrecognized deferred tax asset 3,748,007 6,287,118 - Deferred Income tax (recovery) provision $ - $ (1,537,467 ) $ 2,173,279 Total income tax expense (recovery) for the year $ - $ (1,537,467 ) $ 2,300,619
Schedule of Deferred Income Tax	Movement of deferred income tax in 2023 January 1, Profit or loss Other Equity December 31, Property, plant and equipment $ (5,030,883 ) $ 5,030,883 $ - $ - $ - Right of use assets (663,423 ) 45,039 - - (618,384 ) Digital currencies 1,186,090 (1,186,090 ) - - - Lease liabilities 143,082 (143,082 ) - - - Non-capital losses 4,365,134 (3,746,750 ) - - 618,384 Non-capital losses - Canada 593,325 (185,959 ) - - 407,366 Unrealized foreign exchange gain - Canada (593,325 ) 185,959 - - (407,366 ) Total $ - $ - $ - $ - $ - January 1, Profit or Other Equity December 31, 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 )
Schedule of Deferred Tax Asset	As at December 31, 2023, 2022 and 2021, deductible timing differences available for which the Company has not recognized deferred tax asset are as follows: As at As at As at Property, plant and equipment $ 4,699,113 $ - $ - Capital losses 11,951,649 - - Digital currencies 22,267 - - Share issue costs (Canada) 2,847,119 6,042,213 529,320 Stock based compensation 2,374,501 4,307,117 - Lease liability 447,514 - - Other 315,521 - - Non-capital losses - USA 15,193,118 21,425,219 - Non-capital losses - Canada 4,084,437 1,929,162 2,359,944 $ 41,935,239 $ 33,703,711 $ 2,889,264

Nature of Operations and Goin_2

Nature of Operations and Going Concern (Details) - USD ($)	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Nature of Operations and Going Concern [Abstract]
Working capital	$ 3,064,351	$ 2,874,560	$ 30,697,142

Material Accounting Policies (D

Material Accounting Policies (Details) - Schedule of Policies for Property, Plant and Equipment	12 Months Ended
	Dec. 31, 2023
Data Miners [Member]
Schedule of Policies for Property, Plant and Equipment [Line Items]
Amortization method	Straight-line
Data Miners [Member] | Bottom of Range [Member]
Schedule of Policies for Property, Plant and Equipment [Line Items]
Amortization period	12 months
Data Miners [Member] | Top of Range [Member]
Schedule of Policies for Property, Plant and Equipment [Line Items]
Amortization period	36 months
Equipment [Member]
Schedule of Policies for Property, Plant and Equipment [Line Items]
Amortization method	Straight-line
Equipment [Member] | Bottom of Range [Member]
Schedule of Policies for Property, Plant and Equipment [Line Items]
Amortization period	36 months
Equipment [Member] | Top of Range [Member]
Schedule of Policies for Property, Plant and Equipment [Line Items]
Amortization period	120 months
Leasehold Improvement [Member]
Schedule of Policies for Property, Plant and Equipment [Line Items]
Amortization method	Straight-line
Amortization period	120 months
Powerplant in Use [Member]
Schedule of Policies for Property, Plant and Equipment [Line Items]
Amortization method	Straight-line
Amortization period	480 months

Digital Currencies (Details)

Digital Currencies (Details) - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Digital Currencies [Line Items]
Prices of bitcoin	$ 42,244	$ 16,548	$ 47,117
Price of ethereum	1,674	1,197	3,718
Revaluation (gain) loss	10,991	8,010,913
Other comprehensive loss		3,706,624
Net of taxes		1,047,759
Remaining loss amount		3,256,530
Receivables from agreements			187,529
Other related parties [member]
Digital Currencies [Line Items]
Receivables from agreements	565,680
Bitcoin [Member]
Digital Currencies [Line Items]
Current liabilities		$ 322,099	$ 2,940,412

Digital Currencies (Details) -

Digital Currencies (Details) - Schedule of Holdings of Digital Currencies - USD ($)	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Schedule of Holdings of Digital Currencies [Line Items]
Total	$ 822,884	$ 2,800,657	$ 33,491,986
Bitcoin [Member]
Schedule of Holdings of Digital Currencies [Line Items]
Total	822,884	1,842,177	29,770,994
Ethereum [Member]
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, 2023 USD ($)		Dec. 31, 2022 USD ($)		Dec. 31, 2021 USD ($)
Schedule of Continuity of Digital Currencies [Line Items]
Beginning balance, Amount		$ 2,800,657		$ 33,491,986		$ 4,508,042
Bitcoin mined, Amount	[1]	18,128,241		24,190,059		24,952,344
Bitcoin remitted to Northern Data, Amount	[1]	(1,204,463)		(10,836,179)
Digital currencies paid for services, Amount		(433,492)		(739,024)
Bitcoin received from colocation services, Amount	[2]	185,819
Bitcoin received for electricity sales, Amount	[2]	538,197
Digital currencies traded for cash, Amount	[3]	(19,264,980)		(16,016,280)
Digital currencies for loan repayment, Amount		(883,622)		(11,982,320)
Received from sale of property, plant and equipment, Amount				345,658		1,552,295
Received from private placement, Amount						47,671
Acquisition (disposal) of digital currencies, Amount				3,932,000	[3]	(756)
Acquisition of property, plant and equipment, Amount						(163,942)
Gain (loss) on sale of digital currencies, Amount		945,536		(11,574,330)		290,948
Revaluation adjustment, Amount	[4]	10,991		(8,010,913)		2,305,384
Ending balance, Amount		$ 822,884	[5]	$ 2,800,657		$ 33,491,986
Bitcoin [Member]
Schedule of Continuity of Digital Currencies [Line Items]
Beginning balance, Number		111		632		154
Beginning balance, Amount		$ 1,842,177		$ 29,770,994		$ 4,508,042
Bitcoin mined, Number	[1]	640		832		519
Bitcoin mined, Amount	[1]	$ 18,128,241		$ 24,190,059		$ 24,952,344
Bitcoin remitted to Northern Data, Number	[1]	(51)		(380)
Bitcoin remitted to Northern Data, Amount	[1]	$ (1,204,463)		$ (10,836,179)
Digital currencies paid for services, Number		(20)		(27)
Digital currencies paid for services, Amount		$ (433,492)		$ (739,024)
Bitcoin received from colocation services, Number	[2]	6
Bitcoin received from colocation services, Amount	[2]	$ 185,819
Bitcoin received for electricity sales, Number	[2]	18
Bitcoin received for electricity sales, Amount	[2]	$ 538,197
Digital currencies traded for cash, Number	[3]	(655)		(640)
Digital currencies traded for cash, Amount	[3]	$ (18,018,987)		$ (15,747,279)
Digital currencies for loan repayment, Number		(30)		(415)
Digital currencies for loan repayment, Amount		$ (883,622)		$ (11,982,320)
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
Received from private placement, Number						1
Received from private placement, Amount						$ 47,671
Acquisition (disposal) of digital currencies, Number				100	[3]	(66)
Acquisition (disposal) of digital currencies, Amount				$ 3,932,000	[3]	$ (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		$ 658,023		$ (11,574,330)		$ 235,067
Revaluation adjustment, Number	[4]
Revaluation adjustment, Amount	[4]	$ 10,991		$ (5,517,402)		$ 2,027,683
Ending balance, Number		19	[5]	111		632
Ending balance, Amount		$ 822,884	[5]	$ 1,842,177		$ 29,770,994
Ethereum [Member]
Schedule of Continuity of Digital Currencies [Line Items]
Beginning balance, Number		801		1,001
Beginning balance, Amount		$ 958,480		$ 3,720,992
Bitcoin mined, Number	[1]
Bitcoin mined, Amount	[1]
Bitcoin remitted to Northern Data, Number	[1]
Bitcoin remitted to Northern Data, Amount	[1]
Digital currencies paid for services, Number
Digital currencies paid for services, Amount
Bitcoin received from colocation services, Number	[2]
Bitcoin received from colocation services, Amount	[2]
Bitcoin received for electricity sales, Number	[2]
Bitcoin received for electricity sales, Amount	[2]
Digital currencies traded for cash, Number	[3]	(801)		(200)
Digital currencies traded for cash, Amount	[3]	$ (1,245,993)		$ (269,001)
Digital currencies for loan repayment, Number
Digital currencies for loan repayment, Amount
Received from sale of property, plant and equipment, Number						63
Received from sale of property, plant and equipment, Amount						$ 204,318
Received from private placement, Number
Received from private placement, Amount
Acquisition (disposal) of digital currencies, Number					[3]	974
Acquisition (disposal) of digital currencies, Amount					[3]	$ 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		$ 287,513				$ 55,881
Revaluation adjustment, Number	[4]
Revaluation adjustment, Amount	[4]			$ (2,493,511)		$ 277,701
Ending balance, Number			[5]	801		1,001
Ending balance, Amount			[5]	$ 958,480		$ 3,720,992
[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, 2023, the Company must remit nil Bitcoin (December 31, 2022 - 19 Bitcoin; December 31, 2021 - 62 Bitcoin) with a value of $ nil During the year ended December 31, 2023, the Company entered into a Mining Operations Agreement with Northern Data NY, LLC, and Colocation Services Agreements with both Corner Energy Ltd. and Bit Digital USA, Inc. Pursuant to these agreements, the parties have agreed to split a portion of the energy costs and mining rewards received incurred for the power consumed by the miners put in service at the Company’s respective sites pursuant to these agreements. As at December 31, 2023, the Company is owed $565,680 from these parties related to these agreements (December 31, 2022 - $ nil nil Represents a cash transaction. All others are non-cash transactions. 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, 2023, the prices of Bitcoin and Ethereum were $42,244 (December 31, 2022 - $16,548; December 31, 2021 – $47,117) and $1,674 (December 31, 2022 - $1,197; December 31, 2021 – $3,718), respectively, resulting in total revaluation gain of $(10,991) (loss of $8,010,913 in 2022). In 2022, 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 (loss). Digital currencies were measured at fair value using the quoted prices on the Gemini exchange during the year ended December 31, 2023 and CoinMarketCap, a pricing aggregator, during the years ended December 31, 2022 and 2021, respectively. The Company began using Gemini as its principal market during the year ended December 31, 2023. The Company believes any price difference between the principal market and an aggregated price to be immaterial.

Business Combination (Details)

Business Combination (Details) - USD ($)		12 Months Ended
	Feb. 07, 2023	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Business Combination [Abstract]
Cash flows used in obtaining control of subsidiaries or other businesses, classified as investing activities	$ 4,749,666	$ 4,749,666
Consideration paid (received)			150,000
Revenue from sale of oil and gas products		3,272,005
Net Loss of Power Plant		$ 671,740
Total payables included power plant and extension fees			1,200,000
Payable of Power Plant			1,000,000
Payable of Extension Fees			$ 200,000

Business Combination (Details)

Business Combination (Details) - Schedule of Fair Value of the Net Identified Net Assets - USD ($)		12 Months Ended
	Feb. 07, 2023	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Schedule of Fair Value of the Net Identified Net Assets [Abstract]
Total final consideration paid in cash	$ 4,749,666	$ 4,749,666
Identified fair value of net assets acquired:
Prepaids and deposits		418,287
Land		530,000
Power plant infrastructure		4,643,800
PPA capacity liability		(213,100)
Accounts payable		(218,621)
Loan payable		(410,700)
Total final consideration paid in cash	$ 4,749,666	$ 4,749,666

Amounts Receivable and Other _3

Amounts Receivable and Other Assets (Details) - Schedule of Amounts Receivable and Other Assets - USD ($)	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Schedule of Amounts Receivable and Other Assets [Abstract]
Deposits	$ 2,297,314	$ 444,990	$ 150,000
Prepaid expenses	115,577	296,360	559,575
Accounts receivable	565,680	492,825	911,200
Other receivable			187,529
Interest receivable (note 10)	48,000
Total	3,026,571	1,234,175	1,808,304
Long-term deposits and prepaid expenses	(2,159,314)
Amounts receivable and other assets	$ 867,257	$ 1,234,175	$ 1,808,304

Property, Plant and Equipment_2

Property, Plant and Equipment (Details)	Dec. 31, 2023 USD ($)	Dec. 31, 2022 USD ($)	May 12, 2021 Bitcoin
Property, Plant and Equipment [Abstract]
Bitcoin miners (in Bitcoin) | Bitcoin			10,000
Impairment charge | $		$ 1,556,000

Property, Plant and Equipment_3

Property, Plant and Equipment (Details) - Schedule of Property Plant and Equipment - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Cost
Cost, Beginning Balance	$ 57,709,393	$ 43,210,347	$ 9,602,789
Cost, additions	3,007,766	15,753,038	34,598,075
Cost, Disposal	(499,950)	(1,253,992)	(990,517)
Cost, Write-off	(1,363,941)
Cost, Transfer asset in use
Cost, Acquired in business combination	5,173,800
Cost, ending balance	64,027,068	57,709,393	43,210,347
Accumulated depreciation
Accumulated depreciation, Beginning Balance	15,898,160	5,068,240	3,105,155
Accumulated depreciation, depreciation	14,742,224	10,527,912	2,953,602
Accumulated depreciation, Impairment		1,556,000
Accumulated depreciation,disposal		(1,253,992)	(990,517)
Accumulated depreciation, ending balance	30,640,384	15,898,160	5,068,240
Net carrying value
Net carrying value, balance	33,386,684	41,811,233	38,142,107
Land and buildings [Member]
Cost
Cost, Beginning Balance	3,658,510
Cost, additions	827,230	3,658,510
Cost, Disposal
Cost, Write-off
Cost, Transfer asset in use
Cost, Acquired in business combination	530,000
Cost, ending balance	5,015,740	3,658,510
Accumulated depreciation
Accumulated depreciation, Beginning Balance
Accumulated depreciation, depreciation
Accumulated depreciation, Impairment
Accumulated depreciation,disposal
Accumulated depreciation, ending balance
Net carrying value
Net carrying value, balance	5,015,740	3,658,510
Data miners [Member]
Cost
Cost, Beginning Balance	30,404,111	31,658,103	5,802,789
Cost, additions	1,491,668		26,845,831	[1]
Cost, Disposal		(1,253,992)	(990,517)
Cost, Write-off
Cost, Transfer asset in use
Cost, Acquired in business combination
Cost, ending balance	31,895,779	30,404,111	31,658,103
Accumulated depreciation
Accumulated depreciation, Beginning Balance	12,937,550	3,820,296	2,538,211
Accumulated depreciation, depreciation	9,825,482	8,815,246	2,272,602
Accumulated depreciation, Impairment		1,556,000
Accumulated depreciation,disposal		(1,253,992)	(990,517)
Accumulated depreciation, ending balance	22,763,032	12,937,550	3,820,296
Net carrying value
Net carrying value, balance	9,132,747	17,466,561
Equipment and other [Member]
Cost
Cost, Beginning Balance	8,223,529	3,363,324	2,760,000
Cost, additions	688,868	1,641,520	603,324
Cost, Disposal	(499,950)
Cost, Write-off	(1,363,941)
Cost, Transfer asset in use	14,343,701	3,218,685
Cost, Acquired in business combination
Cost, ending balance	21,392,207	8,223,529	3,363,324
Accumulated depreciation
Accumulated depreciation, Beginning Balance	2,664,346	1,056,888	479,888
Accumulated depreciation, depreciation	4,483,977	1,607,458	577,000
Accumulated depreciation, Impairment
Accumulated depreciation,disposal
Accumulated depreciation, ending balance	7,148,323	2,664,346	1,056,888
Net carrying value
Net carrying value, balance	14,243,884	5,559,183
Leasehold improvement [Member]
Cost
Cost, Beginning Balance	1,079,542	1,040,000	1,040,000
Cost, additions		39,542
Cost, Disposal
Cost, Write-off
Cost, Transfer asset in use
Cost, Acquired in business combination
Cost, ending balance	1,079,542	1,079,542	1,040,000
Accumulated depreciation
Accumulated depreciation, Beginning Balance	296,264	191,056	87,056
Accumulated depreciation, depreciation	105,318	105,208	104,000
Accumulated depreciation, Impairment
Accumulated depreciation,disposal
Accumulated depreciation, ending balance	401,582	296,264	191,056
Net carrying value
Net carrying value, balance	677,960	783,278
Equipment in construction [Member]
Cost
Cost, Beginning Balance	14,343,701	7,148,920
Cost, additions		10,413,466	7,148,920
Cost, Disposal
Cost, Write-off
Cost, Transfer asset in use	(14,343,701)	(3,218,685)
Cost, Acquired in business combination
Cost, ending balance		14,343,701	7,148,920
Accumulated depreciation
Accumulated depreciation, Beginning Balance
Accumulated depreciation, depreciation
Accumulated depreciation, Impairment
Accumulated depreciation,disposal
Accumulated depreciation, ending balance
Net carrying value
Net carrying value, balance		14,343,701
Powerplant in use [Member]
Cost
Cost, Beginning Balance
Cost, additions
Cost, Disposal
Cost, Write-off
Cost, Transfer asset in use
Cost, Acquired in business combination	4,643,800
Cost, ending balance	4,643,800
Accumulated depreciation
Accumulated depreciation, Beginning Balance
Accumulated depreciation, depreciation	327,447
Accumulated depreciation, Impairment
Accumulated depreciation,disposal
Accumulated depreciation, ending balance	327,447
Net carrying value
Net carrying value, balance	$ 4,316,353
[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 ($) $ in Millions		1 Months Ended
	Dec. 31, 2021	Apr. 30, 2022
Right-of-Use Assets [Abstract]
Leases term	99 years	5 years
Prepayment (in Dollars)	$ 2.3
Depreciation right of use assets term	40 years

Right-of-Use Assets (Details) -

Right-of-Use Assets (Details) - Schedule of Right-of-Use Assets - USD ($)		12 Months Ended
		Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Schedule Of Right Of Use Assets Abstract
Balance, beginning of period		$ 2,538,447	$ 2,078,599	$ 2,413,720
Additions	[1]		602,172
Depreciation		(172,332)	(142,324)	(198,291)
Modification of lease	[2]			(136,830)
Balance, end of period		$ 2,366,115	$ 2,538,447	$ 2,078,599
[1] In April 2022, the Company entered into a lease for its head office for a term of 5 years. 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, 2023	Dec. 31, 2022	Dec. 31, 2021
Intangible Asset [Abstract]
Balance, beginning of period	$ 1,314,028	$ 1,443,260	$ 1,572,500
Amortization	(129,230)	(129,232)	(129,240)
Balance, end of period	$ 1,184,798	$ 1,314,028	$ 1,443,260

Goodwill (Details)

Goodwill (Details)	12 Months Ended
	Dec. 31, 2023 USD ($)
Goodwill [Line Items]
Impairment of goodwill (in Dollars)	$ 1,260,783
Monthly Bitcoin [Member]
Goodwill [Line Items]
Average growth rate	2.20%
Difficulty [Member]
Goodwill [Line Items]
Average growth rate	2.80%
Terminal [Member]
Goodwill [Line Items]
Average growth rate	2.50%
Bottom of Range [Member]
Goodwill [Line Items]
Discount rate	20%
Top of Range [Member]
Goodwill [Line Items]
Discount rate	22%

Goodwill (Details) - Schedule o

Goodwill (Details) - Schedule of Goodwill - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Schedule of Goodwill [Abstract]
Balance, beginning of period		$ 1,346,904	$ 1,342,281
Impairment		(1,260,783)
Foreign currency translation		(86,121)	4,623
Balance, end of period			$ 1,346,904

Promissory Note Receivable (Det

Promissory Note Receivable (Details) - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Promissory Note Receivable [Line Items]
Interest rate			3%
Maturity date	Dec. 21, 2026
Estimated fair value (in Dollars)	$ 850,685	$ 806,000	$ 800,000
Series C Preferred Stock [Member]
Promissory Note Receivable [Line Items]
Interest rate			3%
Secured Convertible Promissory Note [Member]
Promissory Note Receivable [Line Items]
Principal amount (in Dollars)			$ 800,000
Interest rate			6%
Promissory Note [Member]
Promissory Note Receivable [Line Items]
Estimated fair value (in Dollars)	$ 850,685

Promissory Note Receivable (D_2

Promissory Note Receivable (Details) - Schedule of Promissory Note Receivable - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Schedule of Promissory Note Receivable [Abstract]
Balance, beginning of period	$ 806,000	$ 800,000
Additions			800,000
Interest		6,000
Payments received	(6,000)
Fair value adjustment	50,685
Balance, end of period	$ 850,685	$ 806,000	$ 800,000

Lease Liabilities (Details)

Lease Liabilities (Details) - USD ($) $ in Millions	1 Months Ended
	Apr. 30, 2022	Dec. 31, 2021
Lease Liabilities [Abstract]
Lease term	5 years	99 years
Borrowing rate percentage	10%
Prepayments (in Dollars)		$ 2.3

Lease Liabilities (Details) - S

Lease Liabilities (Details) - Schedule of the Lease Liabilities - USD ($)		12 Months Ended
		Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Schedule of the Lease Liabilities [Abstract]
Balance, beginning of period		$ 547,471		$ 2,546,160
Additions	[1]		602,172
Interest		46,923	41,299	236,680
Lease payments		(146,880)	(96,000)	(2,647,669)
Modification of lease	[2]			(135,171)
Balance, end of period		447,514	547,471
Current portion		110,651	99,957
Non-current portion		336,863	447,514
Total lease liabilities		$ 447,514	$ 547,471
[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. 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 7.

Lease Liabilities (Details) -_2

Lease Liabilities (Details) - Schedule of Maturity Analysis - Contractual Undiscounted Cash Flows	Dec. 31, 2023 USD ($)
Schedule of Maturity Analysis - Contractual Undiscounted Cash Flows [Line Items]
Total undiscounted lease obligations	$ 521,635
Less than One Year [Member]
Schedule of Maturity Analysis - Contractual Undiscounted Cash Flows [Line Items]
Less than one year	151,286
One to Five Years [Member]
Schedule of Maturity Analysis - Contractual Undiscounted Cash Flows [Line Items]
One to five years	$ 370,349

Loans Payable (Details)

Loans Payable (Details) - USD ($)	12 Months Ended
	Dec. 31, 2023		Dec. 31, 2022		Dec. 31, 2021	Mar. 02, 2022
Loans Payable [Abstract]
Credit facility loans payable						$ 10,000,000
Long Term Loan Interest rate						7.50%
Repayment of loan	$ 691,500		$ 10,000,000		$ 1,473,495
Minimum payment	2,500
Loan outstanding	$ 410,700	[1]		[1]
[1] Upon the closing of the power plant transaction (note 4), the Company assumed a loan agreement with Niagara Mohawk Power Corporation dated September 1, 2020. The Company is required to make minimum payments of $2,500 per month, with the outstanding balance of $410,700. As the outstanding principal balance was not paid in full as of September 6, 2023, interest shall accrue on the outstanding balance as of that date and each subsequent month thereafter at the rate for overdue payments described as in National Grid’s Electricity Tariff for Service Classification No 6.

Loans Payable (Details) - Sched

Loans Payable (Details) - Schedule of Loans Payable - USD ($)		12 Months Ended
		Dec. 31, 2023		Dec. 31, 2022		Dec. 31, 2021	Nov. 30, 2021	Feb. 09, 2021
Schedule of Loans Payable [Abstract]
Balance, beginning of the period						$ 2,543,083
New loans	[1],[2]	691,500		10,000,000		1,432,000
Loan assumed in business acquisition		410,700	[3]		[3]
Repayment of loans		(1,027,754)		(10,000,000)		(3,975,083)
Interest		225,373
Fair value adjustment		310,521
Balance, end of the period		610,340
Long-term loans payable		(356,710)					$ (40,000)	$ (40,000)
Total		$ 253,630
[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. The Company entered into a loan agreement with Doge Capital LLC (“Doge”), a company controlled by the chief executive officer, dated February 6, 2023, whereby Doge lent the Company the equivalent value of 30 Bitcoins, being Upon the closing of the power plant transaction (note 4), the Company assumed a loan agreement with Niagara Mohawk Power Corporation dated September 1, 2020. The Company is required to make minimum payments of $2,500 per month, with the outstanding balance of $410,700. As the outstanding principal balance was not paid in full as of September 6, 2023, interest shall accrue on the outstanding balance as of that date and each subsequent month thereafter at the rate for overdue payments described as in National Grid’s Electricity Tariff for Service Classification No 6.

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, 2023	Dec. 31, 2022	Dec. 31, 2021
Schedule Of Incremental Borrowing Rate [Abstract]
Balance, beginning of period	$ 877,127
Additions		993,912
Interest	45,937	16,715
Payments	(534,000)	(133,500)
Balance, end of period	389,064	877,127
Current portion	389,064	488,062
Non-current portion		389,065
Total mortgage payable	$ 389,064	$ 877,127

Mortgage Payable (Details) - _2

Mortgage Payable (Details) - Schedule of Contractual Undiscounted Cash Flows	Dec. 31, 2023 USD ($)
Mortgage Payable (Details) - Schedule of Contractual Undiscounted Cash Flows [Line Items]
Total undiscounted mortgage obligations	$ 400,500
Less Than One Year [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 - Warrants [member]	12 Months Ended
	Dec. 31, 2023 USD ($) shares	Dec. 31, 2022 USD ($) shares	Dec. 31, 2021 USD ($) shares
Schedule of the Warrant Liabilities [Line Items]
Number of other equity instruments outstanding, Beginning Balance	9,098,514	9,098,514
Amount, Beginning Balance	$ 821,697	$ 31,943,365
Number of warrants, Warrants issued (in Shares) | shares		3,029,748	9,098,514
Warrants issued		$ 7,007,643	$ 33,989,639
Number of warrants, Warrants cancelled (in Shares) | shares		(3,029,748)
Warrants cancelled		$ (5,887,840)
Number of warrants, Pre-funded warrants issued (in Shares) | shares		300,000
Pre-funded warrants issued		$ 927,463
Number of warrants, Pre-funded warrants exercised (in Shares) | shares		(300,000)
Pre-funded warrants exercised		$ (927,463)
Number of warrants, Revaluation of warrant liabilities (in Shares) | shares
Revaluation of warrant liabilities	$ 4,522,523	$ (32,010,637)	$ (1,551,013)
Number of warrants, Foreign currency translation (in Shares) | shares
Foreign currency translation	$ 112,529	$ (230,834)	$ (495,261)
Number of other equity instruments outstanding, Ending balance	9,098,514	9,098,514	9,098,514
Amount, Ending balance	$ 5,456,749	$ 821,697	$ 31,943,365

Warrant Liabilities (Details)_2

Warrant Liabilities (Details) - Schedule of Fair Value Warrants		12 Months Ended
	Jun. 18, 2021	Dec. 31, 2023 USD ($)	Dec. 31, 2023 $ / shares	Dec. 31, 2022 USD ($)	Dec. 31, 2022 $ / shares	Dec. 31, 2021 USD ($)	Dec. 31, 2021 $ / shares
Schedule of Fair Value Warrants [Line Items]
Spot price (in CAD$) (in Dollars per share) | $ / shares			$ 3.06		$ 0.47		$ 5.97
Risk-free interest rate	0.63%	3.91%		4.07%		1.03%
Expected annual volatility	136%	123%		143%		147%
Expected life (years)		1 year		2 years 3 days		2 years 8 months 19 days
Dividend (in Dollars) | $
Issued [Member]
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, 2023	Dec. 31, 2021
Schedule of Warrants Outstanding and Exercisable [Line Items]
Warrants outstanding and exercisable	9,098,514	9,098,514
Weighted average exercise price (CAD$)	$ 7.04	$ 7.64
March 16, 2024 [Member]
Schedule of Warrants Outstanding and Exercisable [Line Items]
Warrants outstanding and exercisable	1,872,659	3,121,099
Weighted average exercise price (CAD$)	$ 9.42	$ 9.42
June 18, 2024 [Member]
Schedule of Warrants Outstanding and Exercisable [Line Items]
Warrants outstanding and exercisable	2,083,334	2,083,334
Weighted average exercise price (CAD$)	$ 5.97	$ 5.97
April 9, 2025 [Member]
Schedule of Warrants Outstanding and Exercisable [Line Items]
Warrants outstanding and exercisable	2,112,773	3,894,081
Weighted average exercise price (CAD$)	$ 7.11	$ 7.11
September 9, 2025 [Member]
Schedule of Warrants Outstanding and Exercisable [Line Items]
Warrants outstanding and exercisable	3,029,748
Weighted average exercise price (CAD$)	$ 6.25

Share Capital (Details)

Share Capital (Details)																		12 Months Ended
	Nov. 01, 2022 USD ($) shares	Sep. 30, 2022 USD ($)	May 31, 2022 shares	Mar. 09, 2022 USD ($) $ / shares shares	Mar. 09, 2022 CAD ($) $ / shares shares	Nov. 30, 2021 USD ($) shares	Jun. 18, 2021 USD ($) shares	Jun. 18, 2021 CAD ($) $ / shares shares	Apr. 09, 2021 USD ($) shares	Apr. 09, 2021 CAD ($) $ / shares shares	Mar. 16, 2021 USD ($) shares	Mar. 16, 2021 CAD ($) $ / shares shares	Feb. 18, 2021 USD ($) shares	Feb. 18, 2021 CAD ($) $ / shares shares	Feb. 09, 2021 USD ($) shares	Jan. 08, 2021 USD ($) shares	Jan. 08, 2021 CAD ($) $ / shares shares	Dec. 31, 2023 USD ($) shares	Dec. 31, 2023 USD ($) $ / shares	Dec. 31, 2022 USD ($) shares	Dec. 31, 2021 USD ($) shares
Share Capital [Line Items]
Share issue																		$ 1,073,244
Exercise price per share (in Dollars per share) | $ / shares								$ 6.75
Fair value warrants				$ 1,022,915
Increase in share capital																		$ 42,503,660	$ 42,503,660	39,602,634	31,423,095
Subordinate voting shares (in Shares) | shares	19,391								3,894,081	3,894,081								165,200
Warrant expiry term																		Mar. 16, 2024
Total proceeds private placement warrants																				$ 1,029,600
Non-transferable broker warrants (in Shares) | shares																				242,380	783,436
Expected dividend							0%	0%
Subordinate voting shares cancelled (in Shares) | shares			1,219,762
Total repurchase price																		255,525
Subordinate voting value	$ 13,816					$ 40,000
Settlement of debt	$ 92,825
Subordinate voting shares (in Shares) | shares						16,136	2,777,779	2,777,779							66,667
Settlement of payables						$ 40,000									$ 40,000			$ 356,710	$ 356,710
Total issuance cost																				$ 547,307	$ 1,729,158
Change in warrant liability							$ 581,060		$ 1,121,763
Share per price (in Dollars per share) | $ / shares								$ 4.56
Expected volatility							136%	136%										123%		143%	147%
Risk-free interest rate							0.63%	0.63%										3.91%		4.07%	1.03%
H.C. Wainwright & Co., LLC [Member]
Share Capital [Line Items]
Exercise price per share (in Dollars per share) | $ / shares										$ 8.025
Subordinate voting shares (in Shares) | shares									3,894,081	3,894,081
Expected dividend									0%	0%
Share per price (in Dollars per share) | $ / shares										$ 5.49
Expected volatility									143%	143%
Risk-free interest rate									0.77%	0.77%
Ordinary shares [member]
Share Capital [Line Items]
Share issue (in Shares) | shares																		556,954
Aggregate gross proceeds																		$ 1.927
Share issue																		1,073,244
Private Placements [Member]
Share Capital [Line Items]
Private placement (in Shares) | shares				2,729,748	2,729,748
Purchase price (in Dollars)					$ 4.4
Pre-fund warrants (in Shares) | shares				300,000	300,000
Exercise price | $ / shares				$ 0.0001
Offering price per share (in Dollars per share) | $ / shares					$ 4.3999
Common shares (in Shares) | shares				3,029,748	3,029,748
Gross proceeds							$ 12,025,016	$ 15,000,000	$ 19,748,795	$ 25,000,000	$ 19,985,611	$ 25,000,000	$ 3,124,018	$ 4,000,000		$ 220,551	$ 283,400
Fair value warrants									$ 14,205,769
Subordinate voting shares (in Shares) | shares													1,646,090	1,646,090		116,625	116,625
Subordinate voting per share (in Dollars per share) | $ / shares										$ 7.11				$ 2.43			$ 2.43
Commission shares (in Shares) | shares													49,383	49,383
Non brokered financing units (in Shares) | shares							2,777,779	2,777,779	3,894,081	3,894,081	3,121,099	3,121,099
Subordinate voting per share (in Dollars per share) | $ / shares								$ 5.4				$ 8.01
Voting per share (in Dollars per share) | $ / shares										$ 6.42
Private Placements [Member] | H.C. Wainwright & Co., LLC [Member]
Share Capital [Line Items]
Subordinate voting per share (in Dollars per share) | $ / shares										$ 8.025
Other fee and commission expense									$ 1,695,460
Non-transferable broker warrants (in Shares) | shares									311,526	311,526
Total issuance cost									$ 2,817,223
Net loss cost of issuance									2,008,069
Change in warrant liability									$ 1,121,763
Warrants [member]
Share Capital [Line Items]
Exercise price | $ / shares												$ 9.42							$ 6.25
Gross proceeds				$ 10,424,453	$ 13,330,861
Exercise price per share (in Dollars per share) | $ / shares					$ 6.25					$ 7.11
Fair value warrants				$ 7,007,643			$ 5,569,473
Cash received		$ 30
Increase in share capital		$ 927,463																$ 5,887,616	$ 5,887,616
Subordinate voting shares (in Shares) | shares									1,781,308	1,781,308	1,248,440	1,248,440
Warrant expiry term																		Apr. 09, 2025
Total proceeds private placement warrants																		$ 15,255,979
Grant date fair value																		$ 535,009
Broker warrants (in Shares) | shares											249,688	249,688						242,380
Share price (in Dollars per share) | $ / shares																			$ 3.78
Expected dividend											0%	0%						0%
Expected volatility																		136%
Risk-free interest rate																		1.62%
Subordinate voting shares (in Shares) | shares							2,083,334	2,083,334			3,121,099	3,121,099
Subordinate voting per share (in Dollars per share) | $ / shares								$ 5.97
Subordinate voting per share (in Dollars per share) | $ / shares												$ 9.42
Fair value warrants											$ 14,214,397
Voting per share (in Dollars per share) | $ / shares												10.01
Share per price (in Dollars per share) | $ / shares												$ 7.71
Expected volatility											235%	235%
Risk-free interest rate											0.53%	0.53%
Warrants [member] | H.C. Wainwright & Co., LLC [Member]
Share Capital [Line Items]
Exercise price per share (in Dollars per share) | $ / shares																			$ 6.25
Fair value warrants																		$ 535,009
Commission and expenses (in Shares) | shares																		1,080,584
Non-transferable broker warrants (in Shares) | shares																		242,380
Issuance costs																		$ 1,615,593
Net income as the cost of issuance																		695,170
Reduction warrants																		$ 102,138
Subordinate voting shares (in Shares) | shares											3,121,099	3,121,099
Subordinate voting per share (in Dollars per share) | $ / shares								$ 6.75
Fair value warrants											$ 1,124,704
Other fee and commission expense							$ 1,164,466				$ 1,978,303
Non-transferable broker warrants (in Shares) | shares							222,222	222,222			249,688	249,688
Voting per share (in Dollars per share) | $ / shares												$ 10.01
Total issuance cost							$ 1,664,562				$ 3,103,007
Net loss cost of issuance							767,579				2,197,403
Change in warrant liability							$ 581,060				$ 1,124,704

Warrants (Details) - Schedule o

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

Warrants (Details) - Schedule_2

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

Stock Options and Restricted _3

Stock Options and Restricted Share Units (Details)								12 Months Ended
	Dec. 31, 2023 $ / shares	Jun. 22, 2021 $ / shares shares	Jun. 18, 2021	May 17, 2021 $ / shares shares	Mar. 26, 2021 $ / shares shares	Feb. 24, 2021 $ / shares shares	Jan. 05, 2021 $ / shares shares	Dec. 31, 2023 USD ($) $ / shares shares	Dec. 31, 2022 USD ($) $ / shares shares	Dec. 31, 2021 USD ($) $ / shares
Options and Restricted Share Units [Line Items]
Share price								$ 5.13	$ 5.46	$ 6.09
Stock options shares (in Shares) | shares					533,333
Share price										$ 6.03
Expected dividend yield rate			0%
Expected volatility rate			136%					123%	143%	147%
Risk-free interest rate			0.63%					3.91%	4.07%	1.03%
Voting share at a price										$ 3.17
Share based compensation (in Dollars) | $								$ 1,620,777	$ 3,296,238	$ 7,804,271
Stock options [Member]
Options and Restricted Share Units [Line Items]
Issued and outstanding shares percentage	10%
Exercise price	$ 8.88	$ 4.2		$ 7.35	$ 7.47	$ 13.92	$ 3.75
Aggregate of common shares (in Shares) | shares		260,000		430,000		50,000	550,164
Share price		$ 4.02			7.47	$ 13.92	$ 3.75
Estimated price		$ 3.06		$ 6.09	$ 6.87	$ 12.78	$ 2.76
Stock options shares (in Shares) | shares		260,000			533,333	50,000	550,164
Share price					$ 7.47		$ 3.03
Expected dividend yield rate		0%		0%	0%	0%	0%
Expected volatility rate		105%		105%	155%	155%	155%
Risk-free interest rate		0.95%		0.95%	0.90%	0.73%	0.39%
Voting share at a price				$ 7.35		$ 13.92
Stock options on date of grant (in Shares) | shares				430,000
Share price				$ 7.86
Exercise price per share		$ 4.2
Restricted Share Units (RSUs) [Member]
Options and Restricted Share Units [Line Items]
Granted shares (in Shares) | shares								77,232	1,449,250
Grant date fair value of the RSUs (in Dollars) | $									$ 5,725,262
Share based compensation (in Dollars) | $								$ 1,620,777	$ 3,296,238
Restricted Share Units (RSUs) [Member] | Advisors [Member]
Options and Restricted Share Units [Line Items]
Grant date fair value of the RSUs (in Dollars) | $								$ 120,386

Stock Options and Restricted _4

Stock Options and Restricted Share Units (Details) - Schedule of Continuity of Stock Options	12 Months Ended
	Dec. 31, 2023 $ / shares shares	Dec. 31, 2022 $ / shares shares	Dec. 31, 2021 $ / shares shares
Schedule of Continuity of Stock Options [Abstract]
Number of Stock Options, Balance (in Shares) | shares	1,191,834	2,345,165	625,000
Weighted Average Exercise Price, Balance	$ 5.11	$ 5.28	$ 2.88
Number of Stock Options, Balance (in Shares) | shares	692,170	1,191,834	2,345,165
Weighted Average Exercise Price, Balance	$ 5.09	$ 5.11	$ 5.28
Number of Stock Options, Granted			1,823,497
Weighted Average Exercise Price, Granted			$ 6.03
Number of Stock Options, Exercised			(75,000)
Weighted Average Exercise Price, Exercised			$ 3.17
Number of Stock Options, Expired / cancelled	(499,664)	(1,153,331)	(28,332)
Weighted Average Exercise Price, Expired / cancelled	$ 5.13	$ 5.46	$ 6.09

Stock Options and Restricted _5

Stock Options and Restricted Share Units (Details) - Schedule of Stock Options Issued and Outstanding	12 Months Ended
	Dec. 31, 2023 $ / shares shares	Dec. 31, 2022 $ / shares shares	Dec. 31, 2021 $ / shares shares
Stock Options and Restricted Share Units (Details) - Schedule of Stock Options Issued and Outstanding [Line Items]
Exercise Price (CAD$) (in Dollars per share) | $ / shares	$ 5.09	$ 5.11	$ 5.28
Weighted Average Remaining Contractual Life (years)	1 year 9 months 10 days	2 years 10 months 2 days	4 years 11 months 15 days
Number of Options Outstanding	692,170	1,191,834	2,345,165
Number of Options Vested (exercisable)	692,170	1,191,834	2,345,165
Number of Options Unvested
February 14, 2025 [Member]
Stock Options and Restricted Share Units (Details) - Schedule of Stock Options Issued and Outstanding [Line Items]
Exercise Price (CAD$) (in Dollars per share) | $ / shares	$ 2.88	$ 2.88	$ 2.88
Weighted Average Remaining Contractual Life (years)	1 year 1 month 17 days	2 years 1 month 17 days	3 years 1 month 17 days
Number of Options Outstanding	258,334	408,334	575,000
Number of Options Vested (exercisable)	258,334	408,334	575,000
Number of Options Unvested
January 5, 2026 [Member]
Stock Options and Restricted Share Units (Details) - Schedule of Stock Options Issued and Outstanding [Line Items]
Exercise Price (CAD$) (in Dollars per share) | $ / shares	$ 3.75	$ 3.75	$ 3.75
Weighted Average Remaining Contractual Life (years)	2 years 7 days	3 years 7 days	4 years 7 days
Number of Options Outstanding	183,498	258,498	525,164
Number of Options Vested (exercisable)	183,498	258,498	525,164
Number of Options Unvested
February 24, 2026 [Member]
Stock Options and Restricted Share Units (Details) - Schedule of Stock Options Issued and Outstanding [Line Items]
Exercise Price (CAD$) (in Dollars per share) | $ / shares	$ 13.92	$ 13.92	$ 13.92
Weighted Average Remaining Contractual Life (years)	2 years 1 month 24 days	3 years 1 month 28 days	4 years 1 month 24 days
Number of Options Outstanding	50,000	50,000	50,000
Number of Options Vested (exercisable)	50,000	50,000	50,000
Number of Options Unvested
March 25, 2026 [Member]
Stock Options and Restricted Share Units (Details) - Schedule of Stock Options Issued and Outstanding [Line Items]
Exercise Price (CAD$) (in Dollars per share) | $ / shares	$ 7.47	$ 7.47	$ 7.47
Weighted Average Remaining Contractual Life (years)	2 years 2 months 23 days	3 years 2 months 23 days	4 years 2 months 23 days
Number of Options Outstanding	116,668	233,334	525,000
Number of Options Vested (exercisable)	116,668	233,334	525,000
Number of Options Unvested
May 17, 2026 [Member]
Stock Options and Restricted Share Units (Details) - Schedule of Stock Options Issued and Outstanding [Line Items]
Exercise Price (CAD$) (in Dollars per share) | $ / shares	$ 7.35	$ 7.35	$ 7.35
Weighted Average Remaining Contractual Life (years)	2 years 4 months 17 days	3 years 4 months 17 days	4 years 4 months 17 days
Number of Options Outstanding	55,001	155,000	421,667
Number of Options Vested (exercisable)	55,001	155,000	421,667
Number of Options Unvested
June 22, 2026 [Member]
Stock Options and Restricted Share Units (Details) - Schedule of Stock Options Issued and Outstanding [Line Items]
Exercise Price (CAD$) (in Dollars per share) | $ / shares	$ 4.2	$ 4.2	$ 4.2
Weighted Average Remaining Contractual Life (years)	2 years 5 months 23 days	3 years 5 months 23 days	4 years 5 months 23 days
Number of Options Outstanding	28,669	86,668	248,334
Number of Options Vested (exercisable)	28,669	86,668	248,334
Number of Options Unvested

Stock Options and Restricted _6

Stock Options and Restricted Share Units (Details) - Schedule of Restricted Share Units (RSUs)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Schedule of Restricted Share Units (RSUs) [Abstract]
Number of other equity instruments outstanding, Beginning Balance	1,439,250
Number of other equity instruments outstanding, Ending balance	1,036,900	1,439,250
Number of RSUs, Granted	77,232	1,449,250
Number of RSUs, Converted	(479,582)
Number of RSUs, Cancelled		(10,000)

Income (Loss) Per Share (Detail

Income (Loss) Per Share (Details) - Schedule of Income (Loss) Per Share - USD ($)		12 Months Ended
		Dec. 31, 2023	Dec. 31, 2022		Dec. 31, 2021
Schedule Of Income Loss Per Share Abstract
Net income (loss) for the year		$ (21,885,410)	$ 4,329,342		$ (3,132,693)
Net income (loss) per share - basic		$ (0.77)	$ 0.16		$ (0.14)
Net income (loss) per share – diluted(i)	[1]	$ (0.77)	$ 0.15	[2],[3]	$ (0.14)
Weighted average number of shares outstanding - basic		28,753,101	27,227,284		21,781,806
Weighted average number of shares outstanding – diluted		28,753,101	28,010,720		21,781,806
[1]Diluted income per share does not include the effect of warrants and stock options as they are anti-dilutive.[2]During the external audit of the Corporation's financial statements for the year ended December 31, 2023, the Corporation determined that it was required to make an immaterial error correction to distinguish diluted net income (loss) per share from basic net income (loss) per share.[3]During the external audit of the Corporation’s financial statements for the year ended December 31, 2023, the Corporation determined that it was required to make an immaterial error correction to distinguish diluted net income (loss) per share from basic net income (loss) per share.

Related Party Transactions (Det

Related Party Transactions (Details) - Schedule of Remuneration of Key Management Personnel - USD ($)		12 Months Ended
		Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Schedule of Remuneration of Key Management Personnel [Abstract]
Professional fees	[1]	$ 187,913	$ 307,534	$ 91,249
Salaries	[1]	840,650	833,717	144,231
Share based compensation	[2]	1,429,568	3,092,012	6,016,173
Total		$ 2,458,131	$ 4,233,263	$ 6,251,653
[1]Represents the professional fees and salaries paid to officers and directors.[2]Represents the share based compensation for officers and directors.

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 Income (Loss) Components - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Expenses for employee benefits
Operating and maintenance costs	$ 737,354	$ 444,400	$ 384,427
Professional fees	187,913	307,534	91,249
Salaries	840,650	833,717	144,231
Share based compensation	1,620,777	3,296,238	7,804,271
Expenses for employee benefits	3,386,694	4,881,889	8,424,178
Net financial expenses
Interest on loans	228,374	238,204	96,134
Interest from promissory note receivable	(66,000)
Interest on lease liabilities	92,860	58,014	236,680
Accretion on PPA liability	(213,100)
Net financial expenses, Total	$ 42,134	$ 296,218	$ 332,814

Cash Flow Supplemental Inform_3

Cash Flow Supplemental Information (Details) - Schedule of Cash Flow Supplemental Information - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Digital currencies items
Digital currencies mined	$ (18,128,241)	$ (24,190,060)	$ (24,952,344)
Bitcoin received from colocation services	(185,819)
Bitcoin received for electricity sales	(538,197)
Acquisition of digital currencies		(3,932,000)
Miner lease and hosting	614,813	9,768,179	3,469,287
Loss on digital currency option calls		1,950,000
Services paid in digital currencies	433,492	739,024
Loss (gain) on sale of digital currencies	(945,536)	11,574,330	(290,948)
Interest paid in digital currencies		216,329
Digital currencies for loan repayment	883,622
Digital currencies traded for cash	19,264,980	16,016,280
Loss (gain) on revaluation of digital currencies	(10,991)	3,386,890
Digital currencies Total	1,388,123	15,528,972	(21,774,005)
Working capital items
Amounts receivable and prepaid expenses	(1,320,109)	574,129	(1,604,703)
Accounts payable and accrued liabilities	1,946,961	72,325	842,584
Income tax receivable	76,062	(550,000)
Deposit payable	975,184	(1,277,500)	1,788,500
Working capital Total	$ 1,678,098	$ (1,181,046)	$ 1,026,381

Segmented Reporting (Details) -

Segmented Reporting (Details) - Schedule of Operating Segments - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Schedule of Operating Segments [Line Items]
Revenue	$ 26,112,908	$ 24,190,060	$ 24,952,344
Cost of revenue	(20,217,924)	(17,760,786)	(7,072,764)
Depreciation and amortization	(14,923,419)	(10,709,108)	(3,281,143)
Miner lease and hosting agreement	(638,689)	(2,517,503)	(3,469,287)
Net profit (loss)	(21,885,410)	4,329,342	(3,132,693)
Cryptocurrency mining [Member]
Schedule of Operating Segments [Line Items]
Revenue	18,128,241	24,190,060	24,952,344
Cost of revenue	(14,646,658)	(17,760,786)	(7,072,764)
Depreciation and amortization	(14,595,972)	(10,709,108)	(3,281,143)
Miner lease and hosting agreement	(638,689)	(2,517,503)	(3,469,287)
Net profit (loss)	(24,097,391)	4,329,342	(3,132,693)
Sales of energy [Member]
Schedule of Operating Segments [Line Items]
Revenue	6,309,398
Cost of revenue	(4,225,676)
Depreciation and amortization	(327,447)
Miner lease and hosting agreement
Net profit (loss)	1,882,302
Colocation services [Member]
Schedule of Operating Segments [Line Items]
Revenue	1,675,269
Cost of revenue	(1,345,590)
Depreciation and amortization
Miner lease and hosting agreement
Net profit (loss)	$ 329,679

Segmented Reporting (Details)_2

Segmented Reporting (Details) - Schedule of Geographic Segmentation - USD ($)	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Schedule of Geographic Segmentation [Line Items]
Current assets	$ 2,199,751	$ 6,129,853	$ 36,216,005
Non-current assets	39,947,596	46,469,708	43,810,870
Total assets	42,147,347	52,599,561	80,026,875
Canada [Member]
Schedule of Geographic Segmentation [Line Items]
Current assets	30,078	29,372	179,396
Non-current assets			1,346,904
Total assets	30,078	29,372	1,526,300
United States [Member]
Schedule of Geographic Segmentation [Line Items]
Current assets	2,169,673	6,100,481	36,036,609
Non-current assets	39,947,596	46,469,708	42,463,966
Total assets	$ 42,117,269	$ 52,570,189	$ 78,500,575

Financial Instruments and Ris_3

Financial Instruments and Risk Management (Details) - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Financial Instruments and Risk Management [Abstract]
Other variables percentage	10%
Value of assets	$ 82,288	$ 280,066	$ 3,055,157

Financial Instruments and Ris_4

Financial Instruments and Risk Management (Details) - Schedule of Significant Financial Liabilities and Other Liabilities - USD ($)	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Schedule of corporation’s significant financial liabilities [Abstract]
Accounts payable and accrued liabilities	$ 4,510,757	$ 2,345,175	$ 2,272,850
Amount owing to Northern Data		322,099	2,940,412
Deposit payable	1,486,184	511,000	1,788,500
Lease liabilities	521,635	668,515
Mortgage payable	400,500	934,500
Loan payable	610,340
Total	7,529,416	4,781,289	7,001,762
Carrying Value [Member]
Schedule of corporation’s significant financial liabilities [Abstract]
Accounts payable and accrued liabilities	4,510,757	2,345,175	2,272,850
Amount owing to Northern Data		322,099	2,940,412
Deposit payable	1,486,184	511,000	1,788,500
Lease liabilities	447,514	547,471
Mortgage payable	389,064	877,127
Loan payable	610,340
Total	7,443,859	4,602,872	7,001,762
Less than 1 year [Member]
Schedule of corporation’s significant financial liabilities [Abstract]
Accounts payable and accrued liabilities	4,510,757	2,345,175	2,272,850
Amount owing to Northern Data		322,099	2,940,412
Deposit payable
Lease liabilities	151,286	146,880
Mortgage payable	400,500	534,000
Loan payable	253,630
Total	5,316,173	3,348,154	5,213,262
1-3 years [Member]
Schedule of corporation’s significant financial liabilities [Abstract]
Accounts payable and accrued liabilities
Amount owing to Northern Data
Deposit payable	1,486,184	511,000	1,788,500
Lease liabilities	316,325	307,111
Mortgage payable		400,500
Loan payable	356,710
Total	2,159,219	1,218,611	1,788,500
4-5 years [Member]
Schedule of corporation’s significant financial liabilities [Abstract]
Accounts payable and accrued liabilities
Amount owing to Northern Data
Deposit payable
Lease liabilities	54,024	214,524
Mortgage payable
Loan payable
Total	54,024	214,524
More than 5 years [Member]
Schedule of corporation’s significant financial liabilities [Abstract]
Accounts payable and accrued liabilities
Amount owing to Northern Data
Deposit payable
Lease liabilities
Mortgage payable
Loan payable
Total

Income Taxes (Details)

Income Taxes (Details)	12 Months Ended
	Dec. 31, 2023
Income Taxes [Abstract]
Capital loss expiry date	5 years

Income Taxes (Details) - Schedu

Income Taxes (Details) - Schedule of Provision for Income Taxes - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Schedule of Provision for Income Taxes [Abstract]
Income (loss) before income taxes	$ (21,885,410)	$ 2,791,875	$ (832,074)
Combined statutory income tax rate	26.14%	26.14%	27%
Income tax benefit at the statutory tax rate	$ (5,719,752)	$ 729,657	$ (224,660)
Non-deductible expenses	8,384	15,626	273,784
Revaluation of warrant liabilities	1,181,962	(8,365,980)	(418,774)
Foreign exchange gain	360,003	(593,325)
Share based compensation	421,396		1,304,058
Impairment of goodwill		329,506
Effect of lower tax rate of subsidiary			(103,388)
Other		59,931	126,874
Change in unrecognized deferred tax asset	3,748,007	6,287,118	1,342,725
Deferred Income tax (recovery) provision		(1,537,467)	2,300,619
Current income taxes in the income statement			127,340
Composition of deferred income taxes in the income statement
Inception and reversal of temporary differences	(3,748,007)	(7,824,585)	2,089,839
Prior period adjustment			83,440
Change in unrecognized deferred tax asset	3,748,007	6,287,118
Deferred Income tax (recovery) provision		(1,537,467)	2,173,279
Total income tax expense (recovery) for the year		$ (1,537,467)	$ 2,300,619

Income Taxes (Details) - Sche_2

Income Taxes (Details) - Schedule of Deferred Income Tax - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Schedule of Deferred Income Tax [Line Items]
Beginning balance		$ (2,514,743)	$ (65,638)
Profit or loss		1,537,467	(2,174,598)
Other Comprehensive Income		1,047,758	(346,308)
Equity		(70,482)	71,801
Ending balance			(2,514,743)
Property, plant and equipment [Member]
Schedule of Deferred Income Tax [Line Items]
Beginning balance	(5,030,883)	(1,781,767)	(755,431)
Profit or loss	5,030,883	(3,249,116)	(1,026,336)
Other Comprehensive Income
Equity
Ending balance		(5,030,883)	(1,781,767)
Right-of-use assets [Member]
Schedule of Deferred Income Tax [Line Items]
Beginning balance	(663,423)	(543,242)	(630,826)
Profit or loss	45,039	(120,181)	87,584
Other Comprehensive Income
Equity
Ending balance	(618,384)	(663,423)	(543,242)
Digital Currencies [Member]
Schedule of Deferred Income Tax [Line Items]
Beginning balance	1,186,090	(1,047,759)	(701,451)
Profit or loss	(1,186,090)	1,186,091
Other Comprehensive Income		1,047,758	(346,308)
Equity
Ending balance		1,186,090	(1,047,759)
Lease liabilities [member]
Schedule of Deferred Income Tax [Line Items]
Beginning balance	143,082		665,439
Profit or loss	(143,082)	143,082	(665,439)
Other Comprehensive Income
Equity
Ending balance		143,082
Non-capital losses [Member]
Schedule of Deferred Income Tax [Line Items]
Beginning balance	4,365,134	148,551	1,356,631
Profit or loss	(3,746,750)	4,216,583	(1,208,080)
Other Comprehensive Income
Equity
Ending balance	618,384	4,365,134	148,551
Non-capital losses - Canada [Member]
Schedule of Deferred Income Tax [Line Items]
Beginning balance	593,325
Profit or loss	(185,959)	593,325
Other Comprehensive Income
Equity
Ending balance	407,366	593,325
Unrealized foreign exchange gain - Canada [Member]
Schedule of Deferred Income Tax [Line Items]
Beginning balance	(593,325)
Profit or loss	185,959	(593,325)
Other Comprehensive Income
Equity
Ending balance	(407,366)	(593,325)
Stock based compensation [Member]
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

Income Taxes (Details) - Sche_3

Income Taxes (Details) - Schedule of Deferred Tax Asset - USD ($)	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Income Taxes (Details) - Schedule of Deferred Tax Asset [Line Items]
Total	$ 41,935,239	$ 33,703,711	$ 2,889,264
Property, plant and equipment [Member]
Income Taxes (Details) - Schedule of Deferred Tax Asset [Line Items]
Total	4,699,113
Capital losses [Member]
Income Taxes (Details) - Schedule of Deferred Tax Asset [Line Items]
Total	11,951,649
Digital Currencies [Member]
Income Taxes (Details) - Schedule of Deferred Tax Asset [Line Items]
Total	22,267
Share issue costs (Canada) [Member]
Income Taxes (Details) - Schedule of Deferred Tax Asset [Line Items]
Total	2,847,119	6,042,213	529,320
Stock based compensation [Member]
Income Taxes (Details) - Schedule of Deferred Tax Asset [Line Items]
Total	2,374,501	4,307,117
Lease liability [Member]
Income Taxes (Details) - Schedule of Deferred Tax Asset [Line Items]
Total	447,514
Other [Member]
Income Taxes (Details) - Schedule of Deferred Tax Asset [Line Items]
Total	315,521
Non-capital losses - USA [Member]
Income Taxes (Details) - Schedule of Deferred Tax Asset [Line Items]
Total	15,193,118	21,425,219
Non-capital losses - Canada [Member]
Income Taxes (Details) - Schedule of Deferred Tax Asset [Line Items]
Total	$ 4,084,437	$ 1,929,162	$ 2,359,944

Subsequent Events (Details)

Subsequent Events (Details) $ / shares in Units, $ in Millions		12 Months Ended
	Aug. 05, 2024 USD ($) $ / shares shares	Dec. 31, 2023 $ / shares	Mar. 05, 2024 USD ($)
Warrants [member]
Subsequent Events [Line Items]
Warrants expired and unexercised		3,955,993
Weighted average exercise price expired and unexercised		$ 7.7
Multi-Year Hosting Agreement [Member]
Subsequent Events [Line Items]
Deposit will receive | $			$ 1.8
Forecast [Member]
Subsequent Events [Line Items]
Gross proceeds in private placement | $	$ 4
Private placement units | shares	3,636,363
Purchase price per unit	$ 1.1
Premium percentage	9%
Forecast [Member] | 2024 Warrants [Member]
Subsequent Events [Line Items]
Warrants exercise price	$ 2