Stronghold Digital Mining (SDIG) 10-Q 10 Nov 22 2022 Q3 Quarterly report Financial data

COVER

COVER - shares	9 Months Ended
	Sep. 30, 2022	Nov. 07, 2022
Document Information [Line Items]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Sep. 30, 2022
Document Transition Report	false
Entity File Number	001-40931
Entity Registrant Name	Stronghold Digital Mining, Inc.
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	86-2759890
Entity Address, Address Line One	595 Madison Avenue
Entity Address, Address Line Two	28th Floor
Entity Address, City or Town	New York
Entity Address, State or Province	NY
Entity Address, Postal Zip Code	10022
City Area Code	845
Local Phone Number	579-5992
Title of 12(b) Security	Class A common stock
Trading Symbol	SDIG
Security Exchange Name	NASDAQ
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	true
Entity Ex Transition Period	false
Entity Shell Company	false
Entity Central Index Key	0001856028
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2022
Document Fiscal Period Focus	Q3
Amendment Flag	false
Common Class A
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		23,133,893
Common Stock - Class V
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		28,209,600

UNAUDITED CONDENSED CONSOLIDATE

UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)	Sep. 30, 2022	Dec. 31, 2021
ASSETS:
Cash and cash equivalents	$ 16,723,511	$ 31,790,115
Digital currencies	2,186,704	7,718,221
Digital currencies, restricted	0	2,699,644
Accounts receivable	775,038	2,111,855
Due from related parties	58,735	0
Prepaid insurance	980,180	6,301,701
Inventory	3,316,716	3,372,254
Assets held for sale	39,008,651	0
Other current assets	1,527,938	661,640
Total current assets	64,577,473	54,655,430
Equipment deposits	24,385,876	130,999,398
Property, plant and equipment, net	182,869,685	166,657,155
Land	1,748,439	1,748,440
Road bond	211,958	211,958
Security deposits	348,888	348,888
TOTAL ASSETS	274,142,319	354,621,269
LIABILITIES:
Current portion of long-term debt, net of discounts and issuance fees	90,298,367	45,799,651
Financed insurance premiums	307,385	4,299,721
Forward sale contract	0	7,116,488
Accounts payable	28,491,137	28,650,659
Due to related parties	2,212,145	1,430,660
Accrued liabilities	7,385,258	5,053,957
Total current liabilities	128,694,292	92,351,136
Asset retirement obligation	992,201	973,948
Contract liabilities	132,093	187,835
Paycheck Protection Program Loan	0	841,670
Warrant liabilities	5,056,065	0
Long-term debt, net of discounts and issuance fees	7,607,240	18,378,841
Total long-term liabilities	13,787,599	20,382,294
Total liabilities	142,481,891	112,733,430
COMMITMENTS AND CONTINGENCIES (NOTE 8)
REDEEMABLE COMMON STOCK:
Redeemable common stock	29,433,528	301,052,617
STOCKHOLDERS’ EQUITY (DEFICIT):
Noncontrolling Series A redeemable and convertible preferred stock; $0.0001 par value; $5,000,000 aggregate liquidation value; 1,152,000 and 1,152,000 shares issued and outstanding as of September 30, 2022, and December 31, 2021, respectively.	34,140,047	37,670,161
Common Stock – Class A; $0.0001 par value; 685,440,000 shares authorized; 23,063,813 and 20,016,067 shares issued and outstanding as of September 30, 2022, and December 31, 2021, respectively.	2,307	2,002
Accumulated deficits	(211,325,844)	(338,709,688)
Additional paid-in capital	279,410,390	241,872,747
Total stockholders’ equity (deficit)	102,226,900	(59,164,778)
Total redeemable common stock and stockholders' equity (deficit)	131,660,428	241,887,839
TOTAL LIABILITIES, REDEEMABLE COMMON STOCK AND STOCKHOLDERS' EQUITY (DEFICIT)	274,142,319	354,621,269
Common Stock - Class V
REDEEMABLE COMMON STOCK:
Redeemable common stock	$ 29,433,528	$ 301,052,617

UNAUDITED CONDENSED CONSOLIDA_2

UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($)	Sep. 30, 2022	Dec. 31, 2021
Preferred stock, par value (in USD per share)	$ 0.0001	$ 0.0001
Preferred stock, aggregate liquidation value	$ 5,000,000	$ 5,000,000
Preferred stock, issued (in shares)	1,152,000	1,152,000
Preferred stock, outstanding (in shares)	1,152,000	1,152,000
Common stock, par value (in USD per share)	$ 0.0001	$ 0.0001
Common stock, authorized (in shares)	685,440,000	685,440,000
Common stock, issued (in shares)	23,063,813	20,016,067
Common stock, outstanding (in shares)	23,063,813	20,016,067
Common Stock - Class V
Common stock - Class V, par value (in USD per share)	$ 0.0001	$ 0.0001
Common stock - Class V, authorized (in shares)	34,560,000	34,560,000
Common stock - Class V, issued (in shares)	27,057,600	27,057,600
Common stock - Class V, outstanding (in shares)	27,057,600	27,057,600

UNAUDITED CONDENSED CONSOLIDA_3

UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)		3 Months Ended		9 Months Ended
		Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
OPERATING REVENUES:
Operating revenues		$ 24,748,771	$ 6,019,713	$ 82,627,279	$ 13,906,315
OPERATING EXPENSES:
Fuel		8,466,588	2,411,186	26,485,096	6,511,706
Operations and maintenance		19,528,088	2,835,315	47,449,177	6,040,173
General and administrative		11,334,212	3,469,830	32,848,291	6,377,677
Impairments on digital currencies		465,651	91,040	8,176,868	466,286
Impairments on equipment deposits		0	0	12,228,742	0
Impairments on miner assets		11,610,000	0	16,600,000	0
Realized gain (loss) on sale of digital currencies		(185,396)	0	(936,506)	(149,858)
Loss on disposal of fixed assets		461,940	0	2,231,540	0
Realized loss on sale of miner assets		0	0	8,012,248	0
Depreciation and amortization		12,247,245	1,158,374	37,234,126	2,463,549
Total operating expenses		63,928,328	9,965,745	190,329,582	21,709,533
NET OPERATING LOSS		(39,179,557)	(3,946,032)	(107,702,303)	(7,803,218)
OTHER INCOME (EXPENSE):
Interest Expense:		(3,393,067)	(2,460,668)	(10,813,302)	(2,594,751)
Loss on debt extinguishment		(28,697,021)	0	(28,697,021)	0
Impairment on assets held for sale		(4,159,004)	0	(4,159,004)	0
Gain on extinguishment of PPP loan		0	0	841,670	638,800
Changes in fair value of warrant liabilities		1,302,065	92,979	1,302,065	(98,498)
Realized gain on sale of derivative contract		90,953	0	90,953	0
Changes in fair value of forward sale derivative		0	0	3,435,639	0
Changes in fair value of convertible note		(1,204,739)	0	(2,167,500)	0
Waste coal tax credits		0	23,356	53,443	47,152
Other		20,000	10,336	50,000	48,521
Total other income (expense)		(36,040,813)	(2,333,997)	(40,063,057)	(1,958,776)
NET LOSS		(75,220,370)	(6,280,029)	(147,765,360)	(9,761,994)
NET LOSS attributable to noncontrolling interest		(44,000,155)	(4,328,460)	(86,435,347)	(6,730,940)
Net loss attributable to Stronghold Digital Mining, Inc.		$ (31,220,215)	$ (1,951,569)	$ (61,330,013)	$ (3,031,054)
NET LOSS per share attributable to Class A common shareholders
Basic (in USD per share)	[1]	$ (1.27)	$ (6.05)	$ (2.82)	$ (17.05)
Diluted (in USD per share)	[1]	$ (1.27)	$ (6.05)	$ (2.82)	$ (17.05)
Weighted average number of Class A common shares outstanding
Basic (in shares)	[1]	24,631,626	322,342	21,772,057	173,532
Diluted (in shares)	[1]	24,631,626	322,342	21,772,057	173,532
Cryptocurrency mining
OPERATING REVENUES:
Operating revenues		$ 12,283,695	$ 2,060,523	$ 50,715,424	$ 3,901,426
Energy
OPERATING REVENUES:
Operating revenues		11,454,016	2,388,752	26,946,549	5,875,574
Capacity
OPERATING REVENUES:
Operating revenues		878,610	1,069,040	4,591,038	2,352,276
Cryptocurrency hosting
OPERATING REVENUES:
Operating revenues		93,279	499,724	282,327	1,742,242
Other
OPERATING REVENUES:
Operating revenues		$ 39,171	$ 1,674	$ 91,941	$ 34,797
[1] Basic and diluted loss per share of Class A common stock is presented only for the period after the Company’s Reorganization Transactions. See Note 1 – Business Combinations for a description of the Reorganization Transactions. See Note 17 – Earnings (Loss) Per Share for the calculation of net loss per share.

UNAUDITED CONDENSED CONSOLIDA_4

UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF PARTNERS’ DEFICIT AND STOCKHOLDERS’ EQUITY / (DEFICIT) - USD ($)	Total	Limited Partners	General Partners	Noncontrolling Redeemable Preferred Series A	Common A	Accumulated Deficit	Additional Paid-in Capital	Stock Subscriptions
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning balance (in shares)				0	0
Beginning balance at Dec. 31, 2020		$ (1,336,784)	$ (2,710,323)
Increase (Decrease) in Partners' Capital [Roll Forward]
Net loss	$ (3,031,054)
Ending balance at Sep. 30, 2021		0	0
Beginning balance at Dec. 31, 2020	(4,047,107)			$ 0	$ 0	$ 0	$ 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net loss	(3,031,054)
Net loss attributable to noncontrolling interest	(6,730,940)
Ending balance (in shares) at Sep. 30, 2021				576,000	140,674
Ending balance at Sep. 30, 2021	(254,175,875)			$ 58	$ 14	(263,811,490)	9,635,543	$ 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning balance (in shares)				576,000	140,674
Beginning balance at Jun. 30, 2021	(174,921,113)	0	0
Increase (Decrease) in Partners' Capital [Roll Forward]
Net loss	(1,951,569)					(1,951,569)
Ending balance at Sep. 30, 2021		0	0
Beginning balance at Jun. 30, 2021				$ 58	$ 14	(182,190,312)	8,659,015	(1,389,888)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Common stock issued as part of debt financing – refer to Note 14	598,686							598,686
Common stock issued as part of debt financing – refer to Note 14	791,202							791,202
Net loss	(1,951,569)					(1,951,569)
Net loss attributable to noncontrolling interest	(4,328,460)					(4,328,460)
Maximum redemption right valuation – refer to Note 15	(79,669,609)					(79,669,609)
Stock-based compensation – refer to Note 13	976,528						976,528
Ending balance (in shares) at Sep. 30, 2021				576,000	140,674
Ending balance at Sep. 30, 2021	(254,175,875)			$ 58	$ 14	(263,811,490)	9,635,543	$ 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning balance (in shares)				576,000	140,674
Ending balance at Dec. 31, 2021		0	0
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net loss attributable to noncontrolling interest						(8,594,196)
Ending balance (in shares) at Dec. 31, 2021				1,152,000	20,016,067
Ending balance at Dec. 31, 2021	(59,164,778)			$ 37,670,161	$ 2,002	(338,709,688)	241,872,747
Ending balance at Dec. 31, 2021		0	0
Beginning balance at Nov. 02, 2021				38,315,520
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net loss attributable to noncontrolling interest				$ (645,359)
Ending balance (in shares) at Dec. 31, 2021				1,152,000	20,016,067
Ending balance at Dec. 31, 2021	(59,164,778)			$ 37,670,161	$ 2,002	(338,709,688)	241,872,747
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning balance (in shares)				1,152,000	20,016,067
Net loss attributable to noncontrolling interest				$ (771,800)		(18,125,837)
Ending balance at Mar. 31, 2022				36,898,361
Beginning balance at Dec. 31, 2021		0	0
Increase (Decrease) in Partners' Capital [Roll Forward]
Net loss	(61,330,013)					(61,330,013)
Ending balance at Sep. 30, 2022		0	0
Beginning balance at Dec. 31, 2021	(59,164,778)			37,670,161	$ 2,002	(338,709,688)	241,872,747
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net loss	(61,330,013)					(61,330,013)
Net loss attributable to noncontrolling interest	(86,435,347)			$ (3,530,114)		(82,905,233)
Maximum redemption right valuation [Common V Units]	271,619,090					271,619,090
Vesting of restricted stock units (in shares)					170,987
Vesting of restricted stock units	0				$ 17		(17)
Issuance of common stock–September PIPE (in shares)					2,876,759
Issuance of common stock – September PIPE	2,241,310				$ 288		2,241,022
McClymonds arbitration award – paid by Q Power	5,038,122						5,038,122
Warrants issued and outstanding	21,135,392						21,135,392
Stock-based compensation – refer to Note 13	9,123,124						9,123,124
Ending balance (in shares) at Sep. 30, 2022				1,152,000	23,063,813
Ending balance at Sep. 30, 2022	102,226,900			$ 34,140,047	$ 2,307	(211,325,844)	279,410,390
Ending balance at Jun. 30, 2022		0	0
Beginning balance at Mar. 31, 2022				36,898,361
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net loss attributable to noncontrolling interest				$ (961,300)		(22,576,255)
Ending balance (in shares) at Jun. 30, 2022				1,152,000	20,034,875
Ending balance at Jun. 30, 2022	135,603,452			$ 35,937,061	$ 2,002	(155,708,864)	255,373,253
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning balance (in shares)				1,152,000	20,034,875
Net loss	(31,220,215)					(31,220,215)
Ending balance at Sep. 30, 2022		$ 0	$ 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net loss	(31,220,215)					(31,220,215)
Net loss attributable to noncontrolling interest	(44,000,155)			$ (1,797,014)		(42,203,141)
Maximum redemption right valuation [Common V Units]	17,806,376					17,806,376
Vesting of restricted stock units (in shares)					152,179
Vesting of restricted stock units	0				$ 17		(17)
Issuance of common stock–September PIPE (in shares)					2,876,759
Issuance of common stock – September PIPE	2,241,310				$ 288		2,241,022
McClymonds arbitration award – paid by Q Power	5,038,122						5,038,122
Stock-based compensation – refer to Note 13	3,377,499						3,377,499
Ending balance (in shares) at Sep. 30, 2022				1,152,000	23,063,813
Ending balance at Sep. 30, 2022	$ 102,226,900			$ 34,140,047	$ 2,307	$ (211,325,844)	$ 279,410,390
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning balance (in shares)				1,152,000	23,063,813

UNAUDITED CONDENSED CONSOLIDA_5

UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)	9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021
CASH FLOWS FROM OPERATING ACTIVITIES:
Net loss	$ (147,765,360)	$ (9,761,994)
Adjustments to reconcile net loss to cash flows from operating activities:
Depreciation and amortization	37,234,126	2,463,549
Gain on extinguishment of PPP loan	(841,670)	(638,800)
Realized gain on sale of derivative contract	(90,953)	0
Loss on disposal of fixed assets	2,231,540	0
Write-off of bad debts	0	150,162
Realized loss on sale of miner assets	8,012,248	0
Amortization of debt issuance costs	2,681,039	643,025
Stock-based compensation	9,123,124	1,246,460
Loss on debt extinguishment	28,697,021	0
Impairment on assets held for sale	4,159,004	0
Impairments on equipment deposits	12,228,742	0
Impairments on miner assets	16,600,000	0
Changes in fair value of warrant liabilities	(1,302,065)	98,498
Changes in fair value of forward sale derivative	(3,435,639)	0
Forward sale contract prepayment	970,000	0
Changes in fair value of convertible note	2,167,500	0
Accretion of asset retirement obligation	18,253	0
(Increase) decrease in digital currencies:
Mining revenue	(50,715,424)	(3,901,426)
Net proceeds from sales of digital currencies	46,209,822	434,529
Impairments on digital currencies	8,176,868	466,286
(Increase) decrease in assets:
Accounts receivable	1,336,817	(242,489)
Prepaid insurance	5,321,521	(278,538)
Due from related parties	(58,735)	302,973
Inventory	55,538	29,291
Other current assets	(866,298)	(3,713,832)
Increase (decrease) in liabilities:
Accounts payable	4,878,600	21,141,055
Due to related parties	781,485	37,280
Accrued liabilities, excluding sales tax liabilities	(407,909)	3,832,362
Contract liabilities	(55,742)	147,836
NET CASH FLOWS (USED IN) PROVIDED BY OPERATING ACTIVITIES	(14,656,547)	12,456,227
CASH FLOWS FROM INVESTING ACTIVITIES:
Purchase of land	0	(29,919)
Purchases of property, plant and equipment	(68,052,422)	(34,735,332)
Proceeds from sale of equipment deposits	13,844,780	0
Equipment purchase deposits - net of future commitments	(13,656,428)	(85,624,852)
NET CASH FLOWS USED IN INVESTING ACTIVITIES	(67,864,070)	(120,390,103)
CASH FLOWS FROM FINANCING ACTIVITIES:
Repayments of debt	(34,490,545)	(7,811,150)
Repayments of financed insurance premiums	(3,992,336)	0
Proceeds from debt, net of debt issuance costs paid in cash	97,337,454	0
Proceeds from promissory note	0	38,987,333
Proceeds from equipment financing agreement	0	24,157,178
Proceeds from PPP loan	0	841,670
Proceeds from private placements, net of issuance costs paid in cash	8,599,440	97,064,318
Repayments of EIDL loan	0	(150,000)
Repayments of related-party debt	0	(2,024,250)
Buyout of Aspen Interest	0	(2,000,000)
NET CASH FLOWS PROVIDED BY FINANCING ACTIVITIES	67,454,013	149,065,099
NET (DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS	(15,066,604)	41,131,223
CASH AND CASH EQUIVALENTS - BEGINNING OF PERIOD	31,790,115	303,187
CASH AND CASH EQUIVALENTS - END OF PERIOD	$ 16,723,511	$ 41,434,410

BUSINESS COMBINATIONS

BUSINESS COMBINATIONS	9 Months Ended
	Sep. 30, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]
BUSINESS COMBINATIONS	NOTE 1 – BUSINESS COMBINATIONS Reorganization Stronghold Digital Mining, Inc. (“Stronghold Inc.” or the "Company") was incorporated as a Delaware corporation on March 19, 2021. On April 1, 2021, contemporaneously with the Series A Private Placement (as defined below), Stronghold Inc. underwent a corporate reorganization pursuant to a Master Transaction Agreement, which will be referred to herein as the “Reorganization.” Immediately prior to the Reorganization, Q Power LLC (“Q Power”) directly held all of the equity interests in Stronghold Digital Mining LLC (“SDM”) and indirectly held 70% of the limited partner interests, and all of the general partner interests, in Scrubgrass Reclamation Company, L.P. (f/k/a Scrubgrass Generating Company, L.P.) (“Scrubgrass”) through wholly owned subsidiaries EIF Scrubgrass LLC (“EIF Scrubgrass”), Falcon Power LLC (“Falcon”) and Scrubgrass Power LLC. Aspen Scrubgrass Participant, LLC ("Aspen") held the remaining 30% of the limited partner interests in Scrubgrass (the “Aspen Interest”). Scrubgrass is a Delaware limited partnership originally formed on December 1, 1990, under the name of Scrubgrass Generating Company, L.P. SDM is a Delaware limited liability company originally formed on February 12, 2020, under the name Stronghold Power LLC (“Stronghold Power”). On April 1, 2021, Stronghold Inc. entered into a Series A Preferred Stock Purchase Agreement pursuant to which Stronghold Inc. issued and sold 9,792,000 shares of Series A Convertible Redeemable Preferred Stock (the “Series A Preferred Stock”) in a private offering (the “Series A Private Placement”) at a price of $8.68 per share to various accredited individuals in reliance upon exemptions from registration pursuant to Section 4(a)(2) of the Securities Act of 1933, as amended (the “Securities Act”), and Regulation D thereunder for aggregate consideration of approximately $85.0 million. In connection with the Series A Private Placement, the Company incurred approximately $6.3 million in fees and expenses and $631,897 in issuance costs for warrants issued as part of the Series A Private Placement. Contemporaneously with the Reorganization, Stronghold Inc. acquired the Aspen Interest using 576,000 shares of newly issued Series A Preferred Stock and $2,000,000 from a portion of the proceeds from the Series A Private Placement. The acquisition of the Aspen Interest was for a total consideration of $7,000,000 that consisted of the $2,000,000 in cash plus a valuation of $5,000,000 for the 576,000 shares of the Series A Preferred Stock at the issuance per share price of $8.68. The acquisition of the Aspen Interest is classified as permanent equity and not subject to mandatory redemptions as outlined in Stronghold Inc.'s certificate of incorporation, as amended (the “Charter”). Pursuant to the Reorganization, Q Power contributed all of its ownership interests in EIF Scrubgrass, Falcon and SDM to Stronghold Digital Mining Holdings LLC (“Stronghold LLC”) in exchange for 27,072,000 Class A common units of Stronghold LLC (“Stronghold LLC Units”), Stronghold Inc. contributed cash (using the remaining proceeds from the Series A Private Placement, net of fees, expenses and amounts paid to Aspen), 27,072,000 shares of Class V common stock of Stronghold Inc., and the Aspen Interest to Stronghold LLC in exchange for 10,368,000 preferred units of Stronghold LLC. Stronghold LLC immediately thereafter distributed the 27,072,000 shares of Class V common stock to Q Power. In addition, effective as of April 1, 2021, Stronghold Inc. acquired 14,400 Stronghold LLC Units held by Q Power (along with an equal number of shares of Class V common stock) in exchange for 14,400 newly issued shares of Class A common stock. As a result of the Reorganization, the acquisition of the Aspen Interest and the acquisition of Stronghold LLC Units by Stronghold Inc. discussed above, (a) Q Power acquired and retained 27,057,600 Stronghold LLC Units, 14,400 shares of Class A common stock of Stronghold Inc. and 27,057,600 shares of Class V common stock of Stronghold Inc., effectively giving Q Power approximately 69% of the voting power of Stronghold Inc. and approximately 69% of the economic interest in Stronghold LLC, (b) Stronghold Inc. acquired 10,368,000 preferred units of Stronghold LLC and 14,400 Stronghold LLC Units, effectively giving Stronghold Inc. approximately 31% of the economic interest in Stronghold LLC, (c) Stronghold Inc. became the sole managing member of Stronghold LLC and is responsible for all operational, management and administrative decisions relating to Stronghold LLC’s business and consolidates financial results of Stronghold LLC and its subsidiaries, (d) Stronghold Inc. became a holding company whose only material asset consists of membership interests in Stronghold LLC, and (e) Stronghold LLC directly or indirectly owns all of the outstanding equity interests in the subsidiaries through which it operates the Company's assets, including Scrubgrass and SDM. On May 14, 2021, the Company completed a private placement of shares of the Company’s Series B Convertible Redeemable Preferred Stock of Stronghold Inc. (the “Series B Preferred Stock” and, together with the Series A Preferred Stock, the “Preferred Stock”) (the “Series B Private Placement” and, together with the Series A Private Placement, the “Private Placements”). The terms of the Series B Preferred Stock are substantially similar to the Series A Preferred Stock, except for differences in the stated value of such shares in the event of any voluntary or involuntary liquidation, dissolution or winding up of the Company or certain deemed liquidation events. In connection with the Series B Private Placement, the Company sold 1,817,035 shares of its Series B Preferred Stock for an aggregate purchase price of $20.0 million. In connection with the Series B Private Placement, the Company incurred approximately $1.6 million in fees and expenses and $148,575 in issuance costs for warrants issued as part of the Series B Private Placement. Pursuant to the terms of the Preferred Stock, on (i) the date that a registration statement registering the shares of Class A common stock issuable upon the conversion of the Preferred Stock is declared effective by the U.S. Securities and Exchange Commission (the "SEC") or (ii) the date on which a “Significant Transaction Event” occurs, as defined in the Company's amended and restated certificate of incorporation, such shares of Preferred Stock automatically convert into shares of Class A common stock of Stronghold Inc. on a one-to-one basis, subject to certain adjustments as set forth in the Charter. Correspondingly, pursuant to the Fourth Amended and Restated Limited Liability Company Agreement of Stronghold LLC, as amended from time to time (the “Stronghold LLC Agreement”), preferred units in Stronghold LLC automatically convert into Stronghold LLC Units on a one-to-one basis under like circumstances (subject to corresponding adjustments). On October 20, 2021, the registration statement registering the shares of Class A common stock issuable upon conversion of the Preferred Stock was declared effective by the SEC, and all of the outstanding shares of Preferred Stock converted into shares of Class A common stock at that time. Correspondingly, all of the preferred units in Stronghold LLC converted into Stronghold LLC Units. On June 29, 2021, Stronghold LLC formed Stronghold Digital Mining Equipment, LLC (“Equipment LLC”). Prior to the Reorganization Prior to the Reorganization date of April 1, 2021, Scrubgrass existed as a Delaware limited partnership formed on December 1, 1990. Q Power existed as a multi-member limited liability company and indirectly held limited and general partner interests of Scrubgrass. Additionally, Aspen, a wholly owned subsidiary of Olympus Power, LLC (together with its affiliates “Olympus”), was a limited partner of Scrubgrass. Scrubgrass had two subsidiaries: Clearfield Properties, Inc. (“Clearfield”), which was formed for the purpose of purchasing a 175-acre site in Clearfield County, Pennsylvania, and acquiring access to certain waste coal material; and Leesburg Properties, Inc. (“Leesburg”), which was formed for the purpose of acquiring access rights to certain waste coal sites. Leesburg was a dormant entity as of September 30, 2022, and December 31, 2021. Pursuant to an equity Assignment and Assumption agreement dated September 24, 2020, Q Power assigned a 50% member interest to a second individual. As a result, two individuals were the sole members of Q Power. Stronghold Power was established on February 12, 2020, as a Delaware limited liability company and is 100% owned by Q Power. Stronghold Power was created to pursue opportunities involving cryptocurrency mining and to provide hosting services for third-party miners.

NATURE OF OPERATIONS AND SIGNIF

NATURE OF OPERATIONS AND SIGNIFICANT ACCOUNTING POLICIES	9 Months Ended
	Sep. 30, 2022
Accounting Policies [Abstract]
NATURE OF OPERATIONS AND SIGNIFICANT ACCOUNTING POLICIES	NOTE 2 – NATURE OF OPERATIONS AND SIGNIFICANT ACCOUNTING POLICIES In most instances, Stronghold Inc. and its subsidiaries will collectively be referred to as the “Company” if a discussion applies to all. Where it may not apply to all, then each company, described as itself, will be specifically noted. Nature of Operations The Company operates as a qualifying cogeneration facility (“Facility”) under the provisions of the Public Utilities Regulatory Policies Act of 1978 and sells its electricity into the PJM Interconnection LLC ("PJM") Merchant Market under an Energy Management Agreement (“EMA”) with Direct Energy Business Marketing, LLC (“DEBM”) effective February 1, 2015. The Company’s primary fuel source is waste coal which is provided by various third parties. Waste coal credits are earned by the Company by generating electricity utilizing coal refuse. Under the EMA, which was entered into as of January 23, 2015, DEBM agreed to act as the exclusive provider of services for the benefit of the Company related to interfacing with PJM, including handling daily operations of the facility, daily marketing and managing of a certain electric generating facility located in Kennerdell, Pennsylvania, energy management, capacity management and providing market and system information. The term of the agreement was renewed through December 31, 2024, with three additional automatic renewal terms that now extends through December 31, 2027. DEBM was paid a monthly fee of $7,500 in satisfaction of its performance obligation during the term. The total revenue recognized under the EMA is 100% of the reported energy revenue and the total transaction price for the performance obligations varies depending upon market conditions and demand, such as usage and available capacities. The Company is also a vertically integrated digital currency mining business. The Company buys and maintains a fleet of Bitcoin mining equipment and the required infrastructure, it also provides power to third party Bitcoin miners under favorable Power Purchase Agreement agreements, and it sells energy as a merchant power producer and receives capacity payments from PJM for making its energy available to the grid. The Bitcoin mining operations are in their early stages, and digital currencies and energy pricing mining economics are volatile and subject to uncertainty. The Company’s current strategy will continue to expose it to the numerous risks and volatility associated with the digital mining and power generation sectors, including fluctuating Bitcoin-to-U.S.-Dollar prices, the costs and availability of miners, the number of market participants mining Bitcoin, the availability of other power generation facilities to expand operations and regulatory changes. Basis of Presentation The unaudited condensed consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) for interim financial information and Article 10 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by GAAP for complete financial statements and should be read in conjunction with the annual financial statements. These financial statements reflect the consolidated accounts of the Company and wholly owned subsidiaries. In addition, certain reclassifications of amounts previously reported have been made to the accompanying consolidated financial statements in order to conform to current presentation. Additionally, since there are no differences between net income and comprehensive income, all references to comprehensive income have been excluded from the condensed consolidated financial statements. Use of Estimates The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Cash and cash equivalents Cash and cash equivalents consist of short-term, highly liquid investments with original maturities of three months or less. The Company maintains its cash in non-interest bearing accounts that are insured by the Federal Deposit Insurance Company up to $250,000. The Company’s deposits may, from time to time, exceed the $250,000 limit; however, management believes that there is no unusual risk present, as the Company places its cash with financial institutions which management considers being of high quality. As of September 30, 2022, cash and cash equivalents includes $400,000 of restricted cash which represents a continuous bond in place to mitigate fees charged by customs brokerage companies associated with importing miners. Digital Currencies Digital currencies are included in current assets in the reported balance sheets. Digital currencies are recorded at cost less any impairment. Currently Bitcoin constitutes the only cryptocurrency the Company mines or holds in material amounts. An intangible asset with an indefinite useful life is not amortized but assessed for impairment quarterly as well as annually, or more frequently, when events or changes in circumstances occur indicating that it is more likely than not that the indefinite-lived asset is impaired. Impairment exists when the carrying amount exceeds its fair value. In testing for impairment, the Company has the option to first perform a qualitative assessment to determine whether it is more likely than not that an impairment exists. If it is determined that it is not more likely than not that an impairment exists, a quantitative impairment test is not necessary. If the Company concludes otherwise, it is required to perform a quantitative impairment test. To the extent an impairment loss is recognized, the loss establishes the new cost basis of the asset. Subsequent reversal of impairment losses is not permitted. The Company accounts for its gains or losses in accordance with the first-in, first-out method of accounting. The Company performed an impairment test on its digital currencies, and $465,651 and $8,176,868 are recognized as expenses for the three and nine months ended September 30, 2022, and $91,040 and $466,286 are recognized as expenses for the three and nine months ended September 30, 2021, respectively. The following table presents the activities of the digital currencies for the nine months ended September 30, 2022, and the year ended December 31, 2021: September 30, 2022 December 31, 2021 (unaudited) Digital currencies at beginning of period $ 10,417,865 $ 228,087 Additions of digital currencies 50,715,424 12,494,581 Realized gain (loss) on sale of digital currencies 936,506 149,858 Impairments (8,176,868) (1,870,274) Proceeds from sale of digital currencies (47,146,328) (584,387) Collateral sold to close derivative (4,559,895) — Digital currencies at end of period $ 2,186,704 $ 10,417,865 On December 15, 2021, the Company entered into a Variable Prepaid Forward Sales Contract Derivative with NYDIG Derivatives Trading LLC (“NYDIG Trading”) providing for the sale of 250 Bitcoin (the “Sold Bitcoin”) at a floor price of $28,000 per Bitcoin (the “Forward Sale”). Pursuant to the Forward Sale, NYDIG Trading paid the Company an amount equal to the floor price per Bitcoin (the “Initial Sale Price”) on December 16, 2021. On September 24, 2022, the Sold Bitcoin was sold to NYDIG Trading at a price equal to the market price for Bitcoin on September 23, 2022, less the Initial Sale Price, subject to a capped final sale price of $85,500 per Bitcoin. The Company advanced $7,000,000 and, in return, was required to pledge 250 Bitcoin as collateral. In March 2022, an additional $970,000 was received by the Company in a transaction that lowered the capped final sale price to $50,000 per Bitcoin from $85,500 per Bitcoin. As of September 30, 2022, the Company held an aggregate amount of digital currencies that comprised restricted and unrestricted Bitcoin of $2,186,704. Of that amount, $0 and $2,186,704 was restricted and unrestricted, respectively . On July 27, 2022, the Company exited the Variable Prepaid Forward Sales Contract Derivative with NYDIG Trading. As a result of the July transaction, the Company delivered the restricted digital assets previously pledged as collateral to NYDIG Trading. In return, the Company received $220,000 of cash and was relieved of its derivative liability. Accounts Receivable Accounts receivable are stated at the amount management expects to collect from balances outstanding at year end. An allowance for doubtful accounts is provided when necessary and is based upon management’s evaluation of outstanding accounts receivable at year end. The potential risk is limited to the amount recorded in the financial statements. No further allowance was considered necessary as of September 30, 2022, and December 31, 2021. Inventory Waste coal, fuel oil and limestone are valued at the lower of average cost or net realizable value and includes all related transportation and handling costs. The Company performs periodic assessments to determine the existence of obsolete, slow-moving, and unusable inventory and records necessary provisions to reduce such inventories to net realizable value. Spare parts inventory is expensed when purchased. Derivative Contracts In accordance with guidance on accounting for derivative instruments and hedging activities all derivatives should be recognized at fair value. Derivatives or any portion thereof, that are not designated as, and effective as, hedges must be adjusted to fair value through earnings. Derivative contracts are classified as either assets or liabilities on the accompanying combined balance sheets. Certain contracts that require physical delivery may qualify for and be designated as normal purchases/normal sales. Such contracts are accounted for on an accrual basis. The Company uses derivative instruments to mitigate its exposure to various energy commodity market risks. The Company does not enter into any derivative contracts or similar arrangements for speculative or trading purposes. The Company will, at times, sell its forward unhedged electricity capacity to stabilize its future operating margins. As of September 30, 2022, and December 31, 2021, there are no open energy commodity derivatives outstanding. The Company also uses derivative instruments to mitigate the risks of Bitcoin market pricing volatility. The Company entered into a variable prepaid forward sale contract that mitigates Bitcoin market pricing volatility risks between a low and high collar of Bitcoin market prices during the contract term. The contract meets the definition of a derivative transaction pursuant to guidance under ASC 815 and is considered a compound derivative instrument which is required to be presented at fair value subject to remeasurement each reporting period. The changes in fair value are recorded as changes in fair value of forward sale derivative as part of earnings. Refer to Note 26 – Variable Prepaid Forward Sales Contract Derivative. On July 27, 2022, the Company exited the Variable Prepaid Forward Sales Contract Derivative with NYDIG Trading. As a result of the July transaction, the Company delivered the restricted digital assets previously pledged as collateral to NYDIG Trading. In return, the Company received $220,000 of cash and was relieved of its derivative liability. Fair Value Measurements The Company measures at fair value certain of its financial and non-financial assets and liabilities by using a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value. Fair value is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date, essentially an exit price, based on the highest and best use of the asset or liability. The levels of the fair value hierarchy are: Level 1: Observable inputs such as quoted market prices in active markets for identical assets or liabilities; Level 2: Observable market-based inputs or unobservable inputs that are corroborated by market data; and Level 3: Unobservable inputs for which there is little or no market data, which require the use of the reporting entity’s own assumptions. A financial instrument’s level within the fair value hierarchy is based on the lowest level of any input that is significant to the fair value measurement. As of September 30, 2022, the Company’s redeemable preferred warrants are recorded at fair value. Refer to Note 14 – Stock Issued Under Master Financing Agreements and Warrants. Property, Plant and Equipment Property, plant and equipment are recorded at cost. Expenditures for major additions and improvements are capitalized and minor replacements, maintenance and repairs are charged to expense as incurred. The Company records all assets associated with the cryptocurrency hosting operations at cost. These assets comprise storage trailers and the related electrical components. When property, plant and equipment are retired or otherwise disposed of, the cost and accumulated depreciation are removed from the accounts, and any resulting gain or loss is included in the results of operations for the respective period. Depreciation is provided over the remaining estimated useful lives (“EUL”) of the related assets using the straight-line method. The Company’s depreciation is based on its Facility being considered a single property unit. Certain components of the Facility may require replacement or overhaul several times over its estimated life. Costs associated with overhauls are recorded as an expense in the period incurred. However, in instances where a replacement of a Facility component is significant and the Company can reasonably estimate the original cost of the component being replaced, the Company will write off the replaced component and capitalize the cost of the replacement. The component will be depreciated over the lesser of the EUL of the component or the remaining useful life of the Facility. The Company reviews the carrying value of property, plant and equipment for impairment whenever events and circumstances indicate that the carrying value of property, plant and equipment may not be recoverable from the estimated future cash flows expected to result from its use and eventual disposition. In cases where undiscounted expected future cash flows are less than the carrying value, an impairment loss is recognized equal to an amount by which the carrying value exceeds the fair value of property, plant and equipment. The factors considered by management in performing this assessment include current operating results, trends and prospects, the manner in which the property, plant and equipment is used, and the effects of obsolescence, demand, competition, and other economic factors. Bitcoin Mining Rigs During the quarter ended June 30, 2022, Management reassessed the basis of depreciation of the Company's Bitcoin mining rigs, which resulted in changes in the expected useful life from a two-year period to a three The rate at which the Company generates digital assets and, therefore, consumes the economic benefits of its Bitcoin miners, is influenced by a number of factors including the following: 1. The complexity of the Bitcoin blockchain transaction verification process which is driven by the algorithms contained within the Bitcoin open source software; 2. The general availability of appropriate computer processing capacity on a global basis (commonly referred to in the industry as hashing capacity which is measured in Petahash units ("PH/s")); and 3. Technological obsolescence reflecting rapid development in the Bitcoin mining industry such that more recently developed hardware is more economically efficient to run in terms of digital assets generated as a function of operating costs, primarily power costs, (i.e., the speed of hardware evolution in the industry is such that later hardware models generally have faster processing capacity combined with lower operating costs and a lower cost of purchase). The Company operates in an emerging industry for which limited data is available to make estimates of the useful economic lives of specialized equipment. During the second quarter of 2022, management completed an analysis of the operational life of its Bitcoin mining rigs and determined that its oldest Bitcoin miners are operating for longer than three three To the extent that any of the assumptions underlying management’s estimate of useful life of its Bitcoin miners are subject to revision in a future reporting period, either as a result of changes in circumstances or through the availability of greater quantities of data, then the estimated useful life could change and have a prospective impact on depreciation expense and the carrying amounts of these assets. Asset Retirement Obligations Asset retirement obligations, including those conditioned on future events, are recorded at fair value in the period in which they are incurred, if a reasonable estimate of fair value can be made. The associated asset retirement costs are capitalized as part of the carrying amount of the related long-lived asset in the same period. In each subsequent period, the liability is accreted to its present value, and the capitalized cost is depreciated over the EUL of the long-lived asset. If the asset retirement obligation is settled for other than the carrying amount of the liability, the Company recognizes a gain or loss on settlement. The Company’s asset retirement obligation represents the cost the Company would incur to perform environmental clean-up or dismantle certain portions of the Facility. Revenue Recognition The Company recognizes revenue under ASC 606, Revenue from Contracts with Customers . The core principle of this revenue standard is that a company should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the company expects to be entitled in exchange for those goods or services. The following five steps are applied to achieve that core principle: 1. Step 1: Identify the contract with the customer. 2. Step 2: Identify the performance obligations in the contract. 3. Step 3: Determine the transaction price. 4. Step 4: Allocate the transaction price to the performance obligations in the contract. 5. Step 5: Recognize revenue when the Company satisfies a performance obligation. 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 the definition of a “distinct” good or service (or bundle of goods or services) per ASC 606 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; • Noncash consideration; and • Consideration payable to a customer. Variable consideration is included in the transaction price only to the extent that it is 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. There were no revenue streams with variable consideration during the nine months ended September 30, 2022, and 2021. There is currently no specific definitive guidance under GAAP or alternative accounting framework for the accounting for cryptocurrencies recognized as revenue or held, and management has exercised significant judgment in determining the appropriate accounting treatment. In the event authoritative guidance is enacted by the Financial Accounting Standards Board (the "FASB"), the Company may be required to change its policies, which could have an effect on the Company's consolidated financial position and results from operations. The Company has determined that the cryptocurrency awarded through its Bitcoin mining operations are part of its regular, ongoing activities. Accordingly, they are treated as a current asset and accounted for as cash flow from operating activities due to the fact that it has been selling cryptocurrency on a regular basis in order to fund its operations. As such, any changes in the balance of the current asset account, including those resulting from mining revenue, sales of Bitcoin and any associated gains and losses, and impairments, should be accounted for as cash flows from operating activities as opposed to cash flows from investing activities, where sales of Bitcoin had appeared previously. Fair value of the digital asset award received is determined using the quoted price of the related cryptocurrency at the time of receipt. The Company's policies with respect to its revenue streams are detailed below. Energy Revenue The Company operates as a market participant through PJM Interconnection, a Regional Transmission Organization (“RTO”) that coordinates the movement of wholesale electricity. The Company sells energy in the wholesale generation market in the PJM RTO. Energy revenues are delivered as a series of distinct units that are substantially the same and that have the same pattern of transfer to the customer over time and, therefore, are accounted for as a distinct performance obligation. The transaction price is based on pricing published in the day ahead market which constitutes the stand-alone selling price. Energy revenue is recognized over time as energy volumes are generated and delivered to the RTO (which is contemporaneous with generation), using the output method for measuring progress of satisfaction of the performance obligation. The Company applies the invoice practical expedient in recognizing energy revenue. Under the invoice practical expedient, energy revenue is recognized based on the invoiced amount which is considered equal to the value provided to the customer for the performance obligation completed to date. Reactive energy power is provided to maintain a continuous voltage level. Revenue from reactive power is recognized ratably over time as the Company stands ready to provide it if called upon by the PJM RTO. Capacity Revenue The Company provides capacity to a customer through participation in capacity auctions held by the PJM RTO. Capacity revenues are a series of distinct performance obligations that are substantially the same and that have the same pattern of transfer to the customer over time and, therefore, are accounted for as a distinct performance obligation. The transaction price for capacity is market-based and constitutes the stand-alone selling price. As capacity represents the Company's stand-ready obligation, capacity revenue is recognized as the performance obligation is satisfied ratably over time, on a monthly basis, since the Company stands ready equally throughout the period to deliver power to the PJM RTO if called upon. The Company applies the invoice practical expedient in recognizing capacity revenue. Under the invoice practical expedient, capacity revenue is recognized based on the invoiced amount which is considered equal to the value provided to the customer for the performance obligation completed to date. Penalties may be assessed by the PJM RTO against generation facilities if the facility is not available during the capacity period. The penalties assessed by the PJM RTO, if any, are recorded as a reduction to capacity revenue when incurred. Bitcoin Mining The Company has entered into digital asset mining pools by executing contracts, as amended from time to time, with the mining pool operators to provide computing power to the mining pool. The contracts are terminable at any time by either party, and the Company's enforceable right to compensation only begins when the Company provides computing power to the mining pool operator. In exchange for providing computing power, the Company is entitled to a fractional share of the fixed cryptocurrency award the mining pool operator receives (less digital asset transaction fees to the mining pool operator which are recorded as reduction to cryptocurrency mining revenues) for successfully adding a block to the blockchain. The terms of the agreement provide that neither party can dispute settlement terms after thirty-five days following settlement. The Company's fractional share is based on the proportion of computing power the Company contributed to the mining pool operator to the total computing power contributed by all mining pool participants in solving the current algorithm. Providing cryptocurrency mining computing power is an output of the Company's ordinary business activities. The provision of providing such computing power is the only performance obligation in the Company's contracts with mining pool operators. The transaction consideration the Company receives, if any, is noncash consideration, which the Company measures at fair value on the date received, which is not materially different than the fair value at contract inception or the time the Company earned the award from the pools. The consideration is not variable. Because it is not probable that a significant reversal of cumulative revenue will not occur, the consideration is constrained until the mining pool operator successfully places a block (by being the first to solve an algorithm) and the Company receives confirmation of the consideration it will receive, at which time revenue is recognized. There is no significant financing component in these transactions. Fair value of the cryptocurrency award received is determined using the quoted price of the related cryptocurrency at the time of receipt. There is currently no specific definitive guidance under GAAP or alternative accounting framework for the accounting for cryptocurrencies recognized as revenue or held, and management has exercised significant judgment in determining the appropriate accounting treatment. In the event authoritative guidance is enacted by the FASB, the Company may be required to change its policies, which could have an effect on the Company's consolidated financial position and results from operations. Mining Hosting The Company has entered into customer hosting contracts whereby the Company provides electrical power to cryptocurrency mining customers, and the customers pay a stated amount per megawatt hour ("MWh") (“Contract Capacity”). This amount is paid monthly in advance. Amounts used in excess of the Contract Capacity are billed based upon calculated formulas as contained in the contracts. If any shortfalls occur due to outages, make-whole payment provisions contained in the contracts are used to offset the billings to the customer, which prevent them from cryptocurrency mining. Advanced payments and customer deposits are reflected as contract liabilities. Waste Coal Credits Waste coal credits are issued by the Commonwealth of Pennsylvania. Facilities that generate electricity by using coal refuse for power generation, control acid gases for emission control, and use the ash produced to reclaim mining-affected sites are eligible for such credits. Income related to these credits is recorded upon cash receipt and within other income. Renewable Energy Credits (“RECs”) The Company uses coal refuse, which is classified as a Tier II Alternative Energy Source under Pennsylvania law, to produce energy to sell to the open market (“the grid”). A third party acts as the benefactor, on behalf of the Company, in the open market and is invoiced as RECs are realized. These credits are recognized as a contra-expense to offset the fuel costs to produce this refuse. This is per GAAP guidance that these costs held in inventory to then produce the energy to qualify for the credits are a compliance cost and should offset operating costs when expensed. Refer to Note 18 – Renewable Energy Credits. Stock-Based Compensation For equity-classified awards, compensation expense is recognized over the requisite service period based on the computed fair value on the grant date of the award. Equity classified awards include the issuance of stock options, restricted stock units (“RSUs”) and performance share units ("PSUs"). Notes Payable The Company records notes payable net of any discounts or premiums. Discounts and premiums are amortized as interest expense or income over the life of the note in such a way as to result in a constant rate of interest when applied to the amount outstanding at the beginning of any given period. Warrant Liabilities The Company records warrant liabilities at their fair value as of the balance sheet date and recognizes changes in the balances, over the comparative periods of either the issuance date or the last reporting date, as part of changes in fair value of warrant liabilities expense. Segments Accounting guidance establishes standards for the way public business enterprises are to report information about operating segments in annual financial statements and requires enterprises to report selected information about operating segments in financial reports issued to stockholders. The Company has reorganized into two operating segments, which consist of Energy Operations and Cryptocurrency Operations. See Note 12 – Segment Reporting. Redeemable Common Stock Redeemable Preferred Stock The Preferred Stock is reported as a mezzanine obligation between liabilities and stockholders’ equity due to certain redemption features being outside the control of the Company. See Note 15 – Redeemable Common Stock. Class V Common Stock The Class V common stock shares (as described in Note 15 – Redeemable Common Stock) is reported as a mezzanine obligation between liabilities and stockholders’ equity due to certain redemption features being outside the control of the Company. The Company accounts for the 56.1% interest represented by the Class V common stock as mezzanine equity as a result of certain redemption rights held by the holders thereof as discussed in Note 15 – Redeemable Common Stock. As such, the Company adjusts mezzanine equity to its maximum redemption amount at the balance sheet date, if higher than the carrying amount. The redemption amount is based on a third-party valuation methodology of the Company’s Class A common stock at the end of the reporting period. Changes in the redemption value are recognized immediately as they occur, as if the end of the reporting period was also the redemption date for the instrument, with an offsetting entry to accumulated deficits. For each share of Class V common stock outstanding, there is a corresponding outstanding Class A common unit of Stronghold LLC. The redemption of any share of Class V common stock would be accompanied by a concurrent redemption of the corresponding Class A common unit of Stronghold LLC, such that both the share of Class V common stock and the corresponding Class A common unit of Stronghold LLC are redeemed as a combined unit in exchange for either a single share of Class A common stock or cash of equivalent value based on the fair market value of the Class A common stock at the time of the redemption. For accounting purposes, the va

INVENTORIES

INVENTORIES	9 Months Ended
	Sep. 30, 2022
Inventory Disclosure [Abstract]
INVENTORIES	NOTE 3 – INVENTORIES Inventories consist of the following components as of: September 30, 2022 December 31, 2021 Waste coal $ 3,101,726 $ 3,238,383 Fuel oil 147,550 94,913 Limestone 67,440 38,958 TOTALS $ 3,316,716 $ 3,372,254

EQUIPMENT DEPOSITS

EQUIPMENT DEPOSITS	9 Months Ended
	Sep. 30, 2022
Commitments and Contingencies Disclosure [Abstract]
EQUIPMENT DEPOSITS	NOTE 4 – EQUIPMENT DEPOSITS AND MINER SALES Equipment deposits are contractual agreements with five vendors to deliver and install miners at future dates. The following details the vendors, miner models, miner counts, and expected delivery months. The Company is contractually committed to take future deliveries, and portions of the equipment are collateralized against the WhiteHawk Promissory Note (as defined below) as disclosed in Note 6 – Long-Term Debt. With the exception of Cryptech Solutions ("Cryptech"), where there is an installment payment plan, all unpaid deposits will be made on the last month referenced in the timeframe below. The delivery timeframe for the 2,400 Cryptech miners will be in equal installments of 200 per month for 12 months starting in November 2021. Deliveries for the other vendors vary within the referenced timeframes. In March 2022, the Company evaluated the MinerVa Semiconductor Corp ("MinerVa") equipment deposits for impairment under the provisions of ASC 360, Property, Plant and Equipment . As a result of the evaluation, the Company determined an indicator for impairment was present under ASC 360-10-35-21. The Company undertook a test for recoverability under ASC 360-10-35-29 and a further fair value analysis in accordance with ASC 820, Fair Value Measurement . The difference between the fair value of the MinerVa equipment deposits and the carrying value resulted in the Company recording an impairment charge of $12,228,742 in the first quarter of 2022, as shown in the table below. Upon further evaluation as of June 30, 2022, and September 30, 2022, no additional impairment charges were recorded in the second and third quarters of 2022. The following table details the total equipment deposits of $24,385,876 as of September 30, 2022: Vendor Model Count Delivery Timeframe Total Unpaid [A] Transferred to Impairment Sold Equipment MinerVa [C] MinerVA 15,000 Oct '21 - TBD $68,887,550 — $(26,664,993) $(12,228,742) $(8,701,199) $21,292,616 Cryptech Bitmain 2,400 Nov '21 - Oct '22 12,656,835 — (9,563,575) — — 3,093,260 Northern Data MicroBT 9,900 Oct '21 - Jan '22 22,061,852 — (22,061,852) — — — Bitmain Technologies Limited Antminer S19j Pro 10,200 Apr '22 - Dec '22 60,814,500 (4,218,000) (23,951,500) — (32,645,000) — Bitmain Technologies Limited [D] Antminer S19 XP 1,800 Jul '22 - Dec '22 19,530,000 — — — (19,530,000) — Northern Data PA, LLC WhatsMiners 4,280 Jan '22 - June '22 11,340,374 — (11,340,374) — — — Totals 43,580 $195,291,111 $(4,218,000) $(93,582,294) $(12,228,742) $(60,876,199) $24,385,876 [A] Future commitments still owed to each vendor. Refer to Note 8 – Contingencies and Commitments for further details. [B] Miners that are delivered and physically placed in service are transferred to a fixed asset account at the respective unit price as defined in the agreement. [C] Refer to Note 8 – Contingencies and Commitments for a $4,499,980 refund that reduced the total commitments to $68,887,550 for this vendor. [D] The miner purchase contract was sold in May 2022 for $12,568,500 and a loss of $6,930,000 was recorded as a realized loss on sale of miner assets within the condensed consolidated statement of operations in the second quarter of 2022. Miner Sales During the second quarter of 2022, the Company entered into multiple Miner Sales Agreements with multiple buyers. The Company previously disclosed its effort to optimize its Bitcoin miner fleet and sold 3,425 miners (approximately 411 PH/s) with a historical carrying value of $21,857,028, or $50.70 per TH/s. The Company recognized a realized loss on sale of miner assets of $8,012,248 during the second quarter of 2022. These sales were justified by the Company's priorities of liquidity and improved returns over growth. The loss was recorded as a realized loss on sale of miner assets on the condensed consolidated statement of operations. The various buyers paid the Company $13,844,780 upfront and took over the remaining installment payments upon transfer of the contract, relieving the Company of the outstanding purchase obligation. During the third quarter of 2022, the Company consensually returned approximately 26,000 Bitcoin miners (approximately 18,700 of which were plugged in and operating prior to delivery) to NYDIG and BankProv and the related debt was cancelled pursuant to the terms of the Asset Purchase Agreement. See Note 6 – Long-Term Debt for further discussion of the Asset Purchase Agreement.

PROPERTY AND EQUIPMENT

PROPERTY AND EQUIPMENT	9 Months Ended
	Sep. 30, 2022
Property, Plant and Equipment [Abstract]
PROPERTY, PLANT AND EQUIPMENT	NOTE 5 – PROPERTY, PLANT AND EQUIPMENT Property, plant and equipment consist of the following as of September 30, 2022, and December 31, 2021: Useful Lives (Years) September 30, 2022 December 31, 2021 Electric plant 10 - 60 $ 66,295,810 $ 66,153,985 Power transformers 8 - 30 52,293,758 7,489,472 Machinery and equipment 5 - 20 18,207,669 12,015,811 Rolling stock 5 - 7 261,000 261,000 Cryptocurrency machines and powering supplies 2 - 3 95,197,331 78,505,675 Computer hardware and software 2 - 5 17,196 56,620 Vehicles and trailers 2 - 7 598,569 155,564 Construction in progress Not Depreciable 12,461,250 36,067,776 Asset retirement obligation 10 - 30 580,452 580,452 245,913,035 201,286,355 Accumulated depreciation and amortization (63,043,350) (34,629,200) TOTALS $ 182,869,685 $ 166,657,155 Construction in Progress Construction in progress consists of various projects to build out the cryptocurrency machine power infrastructure and is not depreciable until the asset is considered in service and successfully powers and runs the attached cryptocurrency machines. Completion of these projects will have various rollouts of energized transformed containers and are designed to calibrate power from the plant to the container that houses multiple cryptocurrency machines. Currently, the balance of $12,461,250 as of September 30, 2022, represents open contracts for future projects. Depreciation and Amortization Depreciation and amortization expense charged to operations was $12,247,245 and $37,234,126 for the three and nine months ended September 30, 2022, and $1,158,374 and $2,463,549 for the three and nine months ended September 30, 2021, respectively.

LONG-TERM DEBT

LONG-TERM DEBT	9 Months Ended
	Sep. 30, 2022
Debt Disclosure [Abstract]
LONG-TERM DEBT	NOTE 6 – LONG-TERM DEBT Long-term debt consists of the following as of September 30, 2022, and December 31, 2021: September 30, 2022 December 31, 2021 $66,076 loan, with interest at 5.55%, due July 2021. $ — $ 3,054 $75,000 loan, with interest at 12.67%, due April 2021. — 7,312 $499,520 loan, with interest at 2.49%, due December 2023. 150,089 232,337 $499,895 loan, with interest at 2.95%, due July 2023. 153,985 246,720 $212,675 loan, with interest at 6.75%, due October 2022. — 103,857 $517,465 loan, with interest at 4.78%, due October 2024. 381,452 490,600 $431,825 loan, with interest at 7.60%, due April 2024. 142,898 204,833 $565,500 loan, with interest at 4.48%, due January 2027. 495,897 — $523,076 financing agreement for insurance, with interest at 5.99%, due March 2023. 307,385 — $6,900,000 financing agreement for insurance, with interest at 3.45%, due July 2022. — 4,299,721 $40,000,000 loan, with interest at 10.00%, due June 2023. 17,639,433 [A] 30,734,045 $33,750,000 loan, with interest at 10.00%, due May 2024. 20,194,118 [B] — $10,641,362 loan, with interest at 10.00%, due June 2023. — [C] 8,176,302 $14,077,800 loan, with interest at 10.00%, due June 2023. — [D] 10,816,694 $5,808,816 loan, with interest at 10.00%, due April 2023. 3,571,674 [E] — $6,814,000 loan, with interest at 10.00%, due October 2023. 4,986,747 [F] — $17,984,000 maximum advance loan, with interest at 9.99%, due December 2023. Balance is what has been advanced as of September 30, 2022. — [G] 10,790,400 $17,984,000 maximum advance loan, with interest at 9.99%, due December 2023. Balance is what has been advanced as of September 30, 2022. 17,052,794 [H] 7,769,088 $17,984,000 maximum advance loan, with interest at 9.99%, due December 2023. Balance is what has been advanced as of September 30, 2022. 14,387,200 [I] — $33,750,000 Convertible Note, with interest at 10.00%, due May 2024. 22,437,500 [J] — $92,381 loan, with interest at 1.49%, due April 2026. 84,891 — $64,136 loan, with interest at 11.85%, due May 2024. 42,986 $196,909 loan, with interest at 6.49%, due May 2024. 196,909 — 102,225,958 73,874,963 Less current portions, deferred debt issuance costs and discounts: Outstanding loan 90,605,752 50,099,372 Deferred debt issuance costs 2,269,467 2,854,787 Discounts from issuance of stock — 1,042,416 Discounts from issuance of warrants 1,743,499 1,499,547 $ 7,607,240 $ 18,378,841 [A] The WhiteHawk Promissory Note has a term of 24 months. Refer to Note 14 – Stock Issued Under Master Financing Agreements and Warrants for further discussion. On December 31, 2021, the Company amended the WhiteHawk Financing Agreement (as defined below) (the “WhiteHawk Amendment”) to extend the final MinerVa delivery date from December 31, 2021, to April 30, 2022. Pursuant to the WhiteHawk Amendment, Equipment LLC paid an amendment fee in the amount of $250,000 to WhiteHawk Finance LLC ("WhiteHawk"). These fees are included in deferred debt issuance costs. Refer to Note 33 – Subsequent Events for disclosure of the WhiteHawk Credit Agreement (as defined below) which closed on October 27, 2022, as a result of which the WhiteHawk equipment financing was refinanced. [B] WhiteHawk Promissory Note agreement with a term of 24 months. Refer to Note 14 – Stock Issued Under Master Financing Agreements and Warrants for further discussion. Pursuant to the Second WhiteHawk Amendment, Equipment LLC paid an amendment fee in the amount of $275,414 and a closing fee of $500,000 to WhiteHawk. These fees are included in deferred debt issuance costs. Refer to Note 33 – Subsequent Events for disclosure of the WhiteHawk Credit Agreement which closed on October 27, 2022, as a result of which the above WhiteHawk equipment financing was refinanced. [C] Arctos/NYDIG Financing Agreement (as defined below) [loan #1] with a term of 24 months. This debt tranche was extinguished as of September 30, 2022, as outlined below. [D] Arctos/NYDIG Financing Agreement [loan #2] with a term of 24 months. This debt tranche was extinguished as of September 30, 2022, as outlined below. [E] Arctos/NYDIG Financing Agreement [loan #3] with a term of 15 months. Deferred debt issuance costs of $232,353 are amortized over the term of the loan using the straight-line method. [F] Arctos/NYDIG Financing Agreement [loan #4] with a term of 21 months. Deferred debt issuance costs of $272,560 are amortized over the term of the loan using the straight-line method. [G] Second NYDIG Financing Agreement (as defined below) with a term of 24 months. This debt tranche was extinguished as of September 30, 2022, as outlined below. [H] Second NYDIG Financing Agreement with a term of 24 months. Deferred debt issuance costs of $449,600 are amortized over the term of the loan using the straight-line method. [I] Second NYDIG Financing Agreement with a term of 24 months. Deferred debt issuance costs of $449,600 are amortized over the term of the loan using the straight-line method. [J] Convertible Note with a term of 24 months. Refer to Note 32 – Private Placements for further discussion. On August 16, 2022, the Company, Stronghold LLC, SDM and Stronghold Digital Mining BT , LLC, a Delaware limited liability company (“Digital Mining BT" and, together with SDM, the “APA Sellers” and, together with the Company and Stronghold LLC, the “APA Seller Parties”), entered into an Asset Purchase Agreement (the “Asset Purchase Agreement”) with NYDIG, formerly known as Arctos Credit, LLC, and The Provident Bank, a Massachusetts savings bank (“BankProv” and, together with NYDIG, “Purchasers” and each, a “Purchaser”). Pursuant to the master equipment financing agreement entered into between SDM and Arctos Credit, LLC (“Arctos” now known as “NYDIG”) on June 25, 2021 (the “Arctos/NYDIG Financing Agreement”) and the master equipment financing agreement entered into between Digital Mining BT and NYDIG on December 15, 2021 (the “Second NYDIG Financing Agreement” and together with the Arctos/NYDIG Financing Agreement, the “NYDIG Financing Agreements”), certain miners were pledged as collateral under such agreements (and together with certain related agreements to purchase miners, the “APA Collateral”). Under the Asset Purchase Agreement, the APA Seller Parties agreed to sell, and the Purchasers (or their respective designee) agreed to purchase, the APA Collateral in a private disposition in exchange for the forgiveness, reduction and release of all principal, interest and fees owing under each of the NYDIG Agreements (collectively, the “NYDIG Debt”). The Sellers agreed to clean, service, package, ship, and deliver the APA Collateral and to bear the costs associated with such activities. Following (i) delivery of the APA Collateral to the Purchasers or their designees pursuant to a master bill of sale and (ii) a subsequent inspection period of up to 14 days (which may be extended up to seven As a result of this transaction, the Company incurred a loss of $19,475,514 in the third quarter of 2022, comprising a loss on debt extinguishment of $15,316,510 and an impairment on assets held for sale of $4,159,004. As of September 30, 2022, three of the seven tranches of the NYDIG Debt were extinguished in conjunction with the sale of the associated miners and was recorded as a loss on debt extinguishment on the condensed consolidated statements of operations. The remaining four tranches of the NYDIG Debt, totaling $39,998,415 (excluding deferred debt issuance costs and discounts), were classified as current debt as of September 30, 2022, and an impairment on assets held for sale was recognized on the condensed consolidated statements of operations. The miners associated with the remaining four tranches of the NYDIG Debt were classified as assets held for sale as of September 30, 2022, on the condensed consolidated balance sheet. Subsequent to quarter end, three more tranches were extinguished on October 13, 2022, and the final tranche was extinguished on October 26, 2022. Future scheduled maturities on the outstanding borrowings as of September 30, 2022, are as follows: Years ending December 31: 2022 remaining (1) $ 56,750,896 2023 40,484,040 2024 4,627,755 2025 222,234 2026 130,562 2027 10,471 $ 102,225,958 (1) 2022 includes the remaining four tranches of the NYDIG Debt, totaling $39,998,415, which were extinguished subsequent to quarter end. NOTE 10 – PAYCHECK PROTECTION PROGRAM AND ECONOMIC INJURY DISASTER LOANS On March 16, 2021, the Company received a second round Paycheck Protection Program ("PPP") loan in the amount of $841,670 that accrues interest of 1% per year and matures on the fifth anniversary of the date of the note. In January 2021, the Company was granted relief as forgiveness for the first round PPP loan in the amount of $638,800. On June 8, 2021, the Company repaid the Economic Injury Disaster Loan (“EIDL”) received on March 31, 2020, in the amount of $150,000. On May 25, 2022, the Company was granted relief as forgiveness for the second round PPP loan in the amount of $841,670. NOTE 29 – PREMIUM FINANCING AGREEMENT Effective October 21, 2021, the Company entered into a director and officer insurance policy with annual premiums totaling $6,900,000. The Company executed a Commercial Premium Finance Agreement with AFCO Premium Credit LLC over a term of nine months, with an annual interest rate of 3.454%, that financed the payment of the total premiums owed. The agreement required a $1,400,000 down payment, with the remaining $5,500,000 plus interest to be paid over nine months. Monthly payments of $621,300 started November 21, 2021, and ended July 21, 2022. As of September 30, 2022, the premiums were paid in full. The term of the director and officer insurance policy expired on October 19, 2022. Effective October 20, 2022, the director and officer insurance policy was renewed for an additional 12 months with annual premiums totaling $5,484,449. On November 8, 2022, the Company executed a Commercial Premium Finance Agreement with AFCO Premium Credit LLC over a term of nine months, with an annual interest rate of 9.460%, that financed the payment of the total premiums owed. The agreement requires a $750,000 down payment, with the remaining $4,734,449 plus interest to be paid over nine months. Monthly payments of $552,849 will begin on January 1, 2023. Effective April 29, 2022, the Company entered into a commercial property insurance policy with annual premiums totaling $523,076. The Company has executed a Commercial Premium Finance Agreement with AFCO Premium Credit LLC, over a term of eleven months, with an annual interest rate of 5.99%, that finances the payment of the total premiums owed. The agreement required a $44,793 down payment, with the remaining $478,283 plus interest paid over eleven months. Monthly payments of $44,793 started May 29, 2022, and end March 29, 2023. As of September 30, 2022, the unpaid balance is $307,385. NOTE 30 – COVENANTS On December 31, 2021, Equipment LLC and WhiteHawk entered into the WhiteHawk Amendment to extend the Final MinerVa Delivery Date (as defined therein) from December 31, 2021, to April 30, 2022. Pursuant to the WhiteHawk Amendment, Equipment LLC paid an amendment fee in the amount of $250,000 to WhiteHawk. Pursuant to the WhiteHawk Amendment's covenants, WhiteHawk can accelerate payment of the loan if the revised final MinerVa delivery date is not achieved. On March 28, 2022, Equipment LLC and WhiteHawk entered into the Second WhiteHawk Amendment to remove all MinerVa miners from the collateral package in exchange for other miners and to increase the Total Advance by an additional $25 million. On October 27, 2022, the Company entered into the Credit Agreement with WhiteHawk to refinance the equipment financing agreement, effectively terminating the WhiteHawk Financing Agreement. Refer to Note 8 – Commitments and Contingencies for additional details regarding the WhiteHawk Refinancing Agreement. The WhiteHawk Refinancing Agreement contains a covenant requiring the Borrower and its subsidiaries to maintain a minimum (x) of $7.5 million of liquidity at all times, (y) a minimum liquidity of $10 million of average daily liquidity for each calendar month (rising to $20 million beginning July 1, 2023) and (z) a maximum total leverage ratio covenant of (i) 7.5:1.0 for the quarter ending December 31, 2022, (ii) 5.0:1.0 for the quarter ending March 31, 2023, (iii) 4.0:1.0 for the quarter ending June 30, 2023, and (iv) 4.0:1.0 for each quarter ending thereafter.

CONCENTRATIONS

CONCENTRATIONS	9 Months Ended
	Sep. 30, 2022
Risks and Uncertainties [Abstract]
CONCENTRATIONS	NOTE 7 – CONCENTRATIONS Credit risk is the risk of loss the Company would incur if counterparties fail to perform their contractual obligations (including accounts receivable). The Company primarily conducts business with counterparties in the cryptocurrency mining and energy industry. This concentration of counterparties may impact the Company’s overall exposure to credit risk, either positively or negatively, in that its counterparties may be similarly affected by changes in economic, regulatory or other conditions. The Company mitigates potential credit losses by dealing, where practical, with counterparties that are rated at investment grade by a major credit agency or have a history of reliable performance within the cryptocurrency mining and energy industry. Financial instruments which potentially expose the Company to concentrations of credit risk consist primarily of cash and accounts receivable. Cash and cash equivalents customarily exceed federally insured limits. The Company’s significant credit risk is primarily concentrated with DEBM, which amounted to 100% of the Company’s energy revenues for the nine months ending September 30, 2022, and 2021. DEBM accounted for 85% and 100% of the Company’s accounts receivable balance as of September 30, 2022, and December 31, 2021, respectively. For the nine months ended September 30, 2022, and 2021, the Company purchased 16% and 31%, respectively, of waste coal from two related parties. See Note 9 – Related-Party Transactions for further information. As of September 30, 2022, the Company had entered into various Master Equipment Financing Agreements that have future delivery and installation timeframes for approximately 600 miners. There can exist a risk of not achieving the expected delivery timelines as well as the timeliness of generating guaranteed targeted terahash by each miner. However, this risk is not quantifiable at this time. See Note 8 – Contingencies and Commitments for further information.

CONTINGENCIES AND COMMITMENTS

CONTINGENCIES AND COMMITMENTS	9 Months Ended
	Sep. 30, 2022
Commitments and Contingencies Disclosure [Abstract]
CONTINGENCIES AND COMMITMENTS	NOTE 8 – CONTINGENCIES AND COMMITMENTS Commitments : Equipment Agreements As discussed in Note 4 – Equipment Deposits and Miner Sales, the Company has entered into various equipment contracts to purchase miners. Most of these contracts require a percentage of deposits upfront and subsequent future payments to cover the contracted purchase price of the equipment. Details of each agreement are summarized below. MinerVa Semiconductor Corp On April 2, 2021, the Company entered into a purchase agreement (the "MinerVa Purchase Agreement") with MinerVa for the acquisition of 15,000 of their MV7 ASIC SHA256 model cryptocurrency miner equipment (miners) with a total terahash to be delivered equal to 1.5 million terahash (total terahash). The price per miner was $4,892.50 for an aggregate purchase price of $73,387,500 to be paid in installments. The first installment equal to 60% of the purchase price, or $44,032,500, was paid on April 2, 2021, and an additional payment of 20% of the purchase price, or $14,677,500, was paid June 2, 2021. As of September 30, 2022, there were no remaining deposits owed. In December 2021, the Company extended the deadline for delivery of the MinerVa miners to April 2022. In March 2022, MinerVa was again unable to meet its delivery date and had only delivered approximately 3,200 of the 15,000 miners. As a result, an impairment totaling $12,228,742, was in the first quarter of 2022. As of September 30, 2022, MinerVa had delivered, refunded cash, or swapped into deliveries of industry-leading miners of equivalent value to approximately 9,100 of the 15,000 miners. The aggregate purchase price does not include shipping costs, which are the responsibility of the Company and shall be determined at which time the miners are ready for shipment. While the Company continues to engage in discussions with MinerVa on the delivery of the remaining miners, it does not know when the remaining miners will be delivered, if at all. On July 18, 2022, the Company provided written notice of dispute to MinerVa pursuant to the MinerVa Purchase Agreement obligating the Company and MinerVa to work together in good faith towards a resolution for a period of sixty (60) days. In accordance with the MinerVa Purchase Agreement, if no settlement has been reached after sixty (60) days, Stronghold may end discussions and declare an impasse and adhere to the dispute resolution provisions of the MinerVa Purchase Agreement. As the 60-day period has now expired, the Company is evaluating all available remedies under the MinerVa Purchase Agreement. Cryptech Solutions The Company entered into a hardware purchase and sales agreement with Cryptech, effective April 1, 2021. Hardware included, but was not limited to ASIC Miners, power supply units, power distribution units, and replacement fans for ASIC Miners. Total purchase price was $12,660,000 for 2,400 Bitmain S19j miners to be delivered monthly in equal quantities (200/month) from November 2021 through October 2022. All hardware must be paid for in advance before being shipped to the Company. As of September 30, 2022, approximately 600 miners were still to be delivered under this agreement. The Company made a 30% down payment of $3,798,000 on April 1, 2021, with the remaining 70% or $8,862,000 agreed to be paid in 17 installments. As of September 30, 2022, all 17 installments totaling $8,862,000 have been paid under this agreement according to the following payment schedule. Remaining Purchase Price $ 12,656,835 April 2021 - 30% $ (3,798,000) # Date After down payment $ 8,858,835 1 05/01/21 $ (211,000) $ 8,647,835 2 06/01/21 $ (211,000) $ 8,436,835 3 07/01/21 $ (211,000) $ 8,225,835 4 08/01/21 $ (211,000) $ 8,014,835 5 09/01/21 $ (211,000) $ 7,803,835 6 10/01/21 $ (738,500) $ 7,065,335 7 11/01/21 $ (738,500) $ 6,326,835 8 12/01/21 $ (738,500) $ 5,588,335 9 01/01/22 $ (738,500) $ 4,849,835 10 02/01/22 $ (738,500) $ 4,111,335 11 03/01/22 $ (738,500) $ 3,372,835 12 04/01/22 $ (738,500) $ 2,634,335 13 05/01/22 $ (524,335) $ 2,110,000 14 06/01/22 $ (527,500) $ 1,582,500 15 07/01/22 $ (527,500) $ 1,055,000 16 08/01/22 $ (527,500) $ 527,500 17 09/01/22 $ (527,500) $ — On December 7, 2021, the Company entered into a Hardware Purchase and Sales Agreement with Cryptech (the “Cryptech Purchase Agreement”) to acquire 1,000 Bitmain S19a miners with a hash rate of 96 Terahash per second ("TH/s") for a total purchase price of $8,592,000. As of September 30, 2022, all 1,000 Bitmain S19a miners had been paid for and received. Bitmain Technologies Limited On October 28, 2021, the Company entered into the first of two Non-Fixed Price Sales and Purchase Agreements with Bitmain Technologies Limited ("Bitmain"). The first agreement covers six batches of 2,000 miners, or 12,000 in total, arriving on a monthly basis from April through September 2022. Each batch has an assigned purchase price that totals to $75,000,000, to be paid in three installments of 25%, 35% and 40% over the six-month delivery period. On October 29, 2021, the Company made a $23,300,000 payment comprising the 25% installment payment plus 35% of the April 2022 batch of 2,000 miners that had an assigned purchase price of $13,000,000. On November 18, 2021, the Company made an additional payment of $4,550,000, representing an additional 35% of the April 2022 batch of miners. During the nine-month period ending September 30, 2022, the Company paid installments totaling $24,196,500. On November 16, 2021, the Company entered into the second Non-Fixed Price Sales and Purchase Agreement with Bitmain. This second agreement covers six batches of 300 miners, or 1,800 in total, arriving on a monthly basis from July 2022 through December 2022. Each batch has an assigned purchase price that totals $19,350,000, to be paid in three installments of 35%, 35% and 30% of the total purchase price over the six-month delivery period. Per the second Non-Fixed Price Sales and Purchase Agreement, the Company paid the first installment payment of 35% or $6,835,000 on November 18, 2021. During the first five months of 2022, the Company paid five installments totaling $5,733,000. The second Non-Fixed Price Sales and Purchase Agreement was sold in May 2022. Refer to Note 4 – Equipment Deposits and Miner Sales. Luxor Technology Corporation The Company paid for three separate purchases of miners from Luxor Technology Corporation ("Luxor"). The first purchase payment was made on November 26, 2021, in the amount of $4,312,650 for 770 miners. The second and third purchase payments were made on November 29, 2021, in the amounts of $5,357,300 and $3,633,500, respectively, for an additional 750 and 500 miners. These miners were received and recorded as property, plant and equipment. On November 30, 2021, the Company entered into a fourth purchase agreement with Luxor to acquire 400 Antminer T19 miners with a hash rate of 84 TH/s and 400 Antminer T19 miners with a hash rate of 88 TH/s for a total purchase price of $6,260,800. These miners were received and recorded as property, plant and equipment. WhiteHawk Finance LLC On June 30, 2021, Equipment LLC entered into an equipment financing agreement (the "WhiteHawk Financing Agreement") with WhiteHawk whereby WhiteHawk originally agreed to lend to Equipment LLC an aggregate amount not to exceed $40.0 million to finance the purchase of certain Bitcoin miners and related equipment (the "Total Advance"). The WhiteHawk Financing Agreement originally contained terms requiring that the 15,000 miners purchased pursuant to the MinerVa Purchase Agreement be delivered on or before December 31, 2021. MinerVa did not deliver all of the miners under the MinerVa Purchase Agreement by the December 31, 2021, deadline. On December 31, 2021, Equipment LLC and WhiteHawk entered into the WhiteHawk Amendment to extend the final MinerVa delivery date from December 31, 2021, to April 30, 2022. On March 28, 2022, Equipment LLC and WhiteHawk again amended the WhiteHawk Financing Agreement (the "Second WhiteHawk Amendment") to exchange the collateral under the WhiteHawk Financing Agreement, which removed MinerVa miners from the collateral package. Pursuant to the Second WhiteHawk Amendment, (i) the approximately 11,700 remaining miners under the MinerVa Purchase Agreement were exchanged as collateral for additional miners received by the Company from various suppliers and (ii) WhiteHawk agreed to lend to the Company an additional amount not to exceed $25.0 million to finance certain previously purchased Bitcoin miners and related equipment (the "Second Total Advance"). Pursuant to the Second WhiteHawk Amendment, Equipment LLC paid an amendment fee in the amount of $275,414 and a closing fee with respect to the Second Total Advance of $500,000. In addition to the purchased Bitcoin miners and related equipment, Panther Creek Power Operating LLC ("Panther Creek") and Scrubgrass each agreed to a negative pledge of the coal refuse reclamation facility with 80 MW of net electricity generation capacity located near Nesquehoning, Pennsylvania (the "Panther Creek Plant") and a low-cost, environmentally beneficial coal refuse power generation facility that the Company has upgraded in Scrubgrass Township, Pennsylvania (the "Scrubgrass Plant"), respectively, and guaranteed the WhiteHawk Financing Agreement. Each of the negative pledge and the guaranty by Panther Creek and Scrubgrass will be released upon payment in full of the Second Total Advance, regardless of whether the Total Advance remains outstanding. In conjunction with the Second WhiteHawk Amendment, the Company issued a warrant to WhiteHawk, to purchase 125,000 shares of Class A common stock, subject to certain anti-dilution and other adjustment provisions as described in the warrant agreement, at an exercise price of $0.01 per share (the “Second WhiteHawk Warrant”). The Second WhiteHawk Warrant expires on March 28, 2032. On October 27, 2022, the Company entered into a secured credit agreement (the “Credit Agreement”) with WhiteHawk to refinance the WhiteHawk Financing Agreement, effectively terminating the WhiteHawk Financing Agreement. The Credit Agreement consists of $35.1 million in term loans and $23.0 million in additional commitments (such additional commitments, the “Delayed Draw Facility”). Such loans under the Delayed Draw Facility were drawn on the closing date of the Credit Agreement. The financing pursuant to the Credit Agreement (such financing, the “WhiteHawk Refinancing Agreement”) was entered into by Stronghold LLC as Borrower (the “Borrower”) and is secured by substantially all of the assets of the Company and its subsidiaries and is guaranteed by the Company and each of its material subsidiaries. The WhiteHawk Refinancing Agreement requires equal monthly amortization payments resulting in full amortization at maturity. The WhiteHawk Refinancing Agreement has customary representations, warranties and covenants including restrictions on indebtedness, liens, restricted payments and dividends, investments, asset sales and similar covenants and contains customary events of default. The WhiteHawk Refinancing Agreement contains a covenant requiring the Borrower and its subsidiaries to maintain a minimum (x) of $7.5 million of liquidity at all times, (y) a minimum liquidity of $10 million of average daily liquidity for each calendar month (rising to $20 million beginning July 01, 2023) and (z) a maximum total leverage ratio covenant of (i) 7.5:1.0 for the quarter ending December 31, 2022, (ii) 5.0:1.0 for the quarter ending March 31, 2023, (iii) 4.0:1.0 for the quarter ending June 30, 2023, and (iv) 4.0:1.0 for each quarter ending thereafter. The borrowings under the WhiteHawk Refinancing Agreement mature on October 26, 2025, and bear interest at a rate of either (i) the Secured Overnight Financing Rate ("SOFR") plus 10% or (ii) a reference rate equal to the greater of (x) 3%, (y) the federal funds rate plus 0.5% and (y) the Term SOFR rate plus 1%, plus 9%. The loan under the Delayed Draw Facility was issued with 3% closing fee on the drawn amount, paid when such amount was drawn. Amounts drawn on the WhiteHawk Refinancing Agreement are subject to a prepayment premium such that the lenders thereunder achieve a 20% return on invested capital. The Company also issued a stock purchase warrant to WhiteHawk in conjunction with the closing of the WhiteHawk Refinancing Agreement, which provides for the purchase of an additional 4,000,000 shares of Class A common stock at an exercise price of $0.01 per share. Borrowings under the WhiteHawk Refinancing Agreement may also be accelerated in certain circumstances. Contingencies: Legal Proceedings The Company experiences litigation in the normal course of business. Management is of the opinion that none of this litigation will have a material adverse effect on the Company’s reported financial position or results of operations. Allegheny Mineral Corporation v. Scrubgrass Generating Company, L.P., Butler County Court of Common Pleas, No. AD 19-11039 In November 2019, Allegheny Mineral Corporation ("Allegheny Mineral") filed suit against the Company seeking payment of approximately $1,200,000 in outstanding invoices. In response, the Company filed counterclaims against Allegheny Mineral asserting breach of contract, breach of express and implied warranties, and fraud in the amount of approximately $1,300,000. After unsuccessful mediation in August 2020, the parties again attempted to mediate the case on October 26, 2022, which led to a mutual agreement to settlement terms of a $300,000 cash payment, in part dependent upon the entry into a mutually agreeable supply agreement which remains subject to negotiation and definitive documentation. While finalization of the settlement document is ongoing, the Company expects this matter to be resolved and the outstanding litigation to be terminated in November 2022 with no material adverse effect on the Company or its operations. PJM Notice of Breach On November 19, 2021, Scrubgrass received a notice of breach from PJM Interconnection, LLC alleging that Scrubgrass breached Interconnection Service Agreement – No. 1795 (the “ISA”) by failing to provide advance notice to PJM Interconnection, LLC and Mid-Atlantic Interstate Transmission, LLC (“MAIT”) pursuant to ISA, Appendix 2, section 3, of modifications made to the Scrubgrass Plant. On December 16, 2021, Scrubgrass responded to the notice of breach and respectfully disagreed that the ISA had been breached. On January 7, 2022, Scrubgrass participated in an information gathering meeting with representatives from PJM regarding the notice of breach and Scrubgrass continues to work with PJM regarding the dispute, including conducting a necessary study agreement with respect to the Scrubgrass Plant. On January 20, 2022, the Company sent PJM a letter regarding the installation of a resistive computational load bank at the Panther Creek Plant. On March 1, 2022, the Company executed a necessary study agreement with respect to the Panther Creek Plant. On May 11, 2022, the Division of Investigations of the FERC Office of Enforcement (“OE”) informed the Company that the Office of Enforcement is conducting a non-public preliminary investigation concerning Scrubgrass’ compliance with various aspects of the PJM tariff. The OE requested that the Company provide certain information and documents concerning Scrubgrass’ operations by June 10, 2022. On July 13, 2022, after being granted an extension to respond by the OE, the Company submitted a formal response to the OE's request. Since the Company submitted its formal response to the OE's request, the Company has had further discussions with the OE regarding the Company's formal response. The OE's investigation regarding potential instances of non-compliance is continuing. The Company does not believe the PJM notice of breach, the Panther Creek necessary study agreement, or the preliminary investigation by the OE will have a material adverse effect on the Company’s reported financial position or results of operations, although the Company cannot predict with any certainty the outcome of these proceedings. Winter v. Stronghold Digital Mining Inc., et al., U.S District Court for the Southern District of New York The Company, together with certain of its key personnel and the underwriters for the Company’s initial public offering, have been named in a lawsuit filed in the U.S District Court for the Southern District of New York captioned Winter v. Stronghold Digital Mining Inc., et al., alleging that the Company’s registration statement filed in connection with its initial public offering contained false or misleading statements in violation of the federal securities laws. O n August 4, 2022, co-lead plaintiffs were appointed. On October 18, 2022, the Plaintiffs filed an amended complaint making the same basic allegations as in the amended complaint. The defendants believe the allegations in the amended complaint are without merit and intend to move for dismissal of the lawsuit on December 19, 2022. The Company intends to vigorously defend itself and believes this litigation is unlikely to have a material adverse effect on the Company's financial position.

RELATED-PARTY TRANSACTIONS

RELATED-PARTY TRANSACTIONS	9 Months Ended
	Sep. 30, 2022
Related Party Transactions [Abstract]
RELATED-PARTY TRANSACTIONS	NOTE 9 – RELATED-PARTY TRANSACTIONS Waste Coal Agreement The Company is obligated under a Waste Coal Agreement (the “WCA”) to take minimum annual delivery of 200,000 tons of waste coal as long as there is a sufficient quantity of waste coal that meets the Average Quality Characteristics (as defined in the WCA). Under the terms of the WCA, the Company is not charged for the waste coal itself but is charged a $6.07 per ton base handling fee as it is obligated to mine, process, load, and otherwise handle the waste coal for itself and also for other customers of Coal Valley Sales, LLC (“CVS”) from the Russellton site specifically. The Company is also obligated to unload and properly dispose of ash at the Russellton site. The Company is charged a reduced handling fee of $1.00 per ton for any tons in excess of the minimum take of 200,000 tons. The Company is the designated operator at the Russellton site, and therefore, is responsible for complying with all state and federal requirements and regulations. In December 2020, the Company notified CVS by letter that it intends to restart operations at Russellton during the first quarter of 2021. It proposed a ramp-up of tons and payments at $25,000 a month until the economics of the plant steady and return to the minimum take per the contract. Subsequent to March 31, 2021, the Company resumed the semi-monthly minimum payments of approximately $51,000 per the WCA. The Company purchases coal from Coal Valley Properties, LLC, a single-member limited liability company which is entirely owned by one individual who has ownership in Q Power, and from CVS. CVS is a single-member limited liability company which is owned by a coal reclamation partnership of which an owner of Q Power has a direct and an indirect interest in the partnership of 16.26%. For the three and nine months ended September 30, 2022, the Company expensed approximately $278,208 and $581,708, respectively, which is included in fuel expense on the accompanying condensed consolidated statements of operations. No amount was due to CVS as of September 30, 2022. The Company owed Coal Valley Properties, LLC approximately $134,452 as of September 30, 2022, which is included in due to related parties on the condensed consolidated balance sheet. Fuel Service and Beneficial Use Agreement The Company has a Fuel Service and Beneficial Use Agreement (“FBUA”) with Northampton Fuel Supply Company, Inc. (“NFS”), a wholly owned subsidiary of Olympus Power. The Company buys fuel from and sends ash to NFS, for the mutual benefit of both facilities, under the terms and rates established in the FBUA. The FBUA expires on December 31, 2023. For the three and nine months ended September 30, 2022, the Company expensed $1,304,752 and $2,225,864, respectively, which is included in fuel expense on the accompanying condensed consolidated statements of operations. The Company owed NFS approximately $282,615 as of September 30, 2022, which is included in due to related parties on the condensed consolidated balance sheet. Fuel purchases under these agreements for the nine months ended September 30, 2022, and September 30, 2021, are as follows: September 30, 2022 September 30, 2021 Coal purchases: Northampton Fuel Supply Company, Inc. $ 2,225,864 $ 173,216 Coal Valley Sales, LLC 581,708 631,416 Total $ 2,807,572 $ 804,632 Fuel Management Agreement Panther Creek Fuel Services LLC Effective August 1, 2012, the Company entered into the Fuel Management Agreement (the “Fuel Agreement”) with Panther Creek Fuel Services LLC, a wholly owned subsidiary of Olympus Services LLC which, in turn, is a wholly owned subsidiary of Olympus Power LLC. Under the Fuel Agreement, Panther Creek Fuel Services LLC provides the Company with operations and maintenance services with respect to the Facility. The Company reimburses Panther Creek Energy Services LLC for actual wages and salaries. The amount expensed for the three and nine months ended September 30, 2022, was $353,879 and $1,204,938, respectively, of which $124,904 was included in due to related parties on the condensed consolidated balance sheet as of September 30, 2022. Scrubgrass Fuel Services, LLC Effective February 1, 2022, the Company entered into the Fuel Management Agreement (the “Scrubgrass Fuel Agreement”) with Scrubgrass Fuel Services LLC, a wholly owned subsidiary of Olympus Services LLC, which, in turn, is a wholly owned subsidiary of Olympus Power LLC. Under the Scrubgrass Fuel Agreement, Scrubgrass Fuel Services LLC provides the Company with operations and maintenance services with respect to the Facility. The Company reimburses Scrubgrass Energy Services LLC for actual wages and salaries. The amount expensed for the three and nine months ended September 30, 2022, was $247,009 and $580,626, respectively, of which $55,754 was included in due to related parties on the condensed consolidated balance sheet as of September 30, 2022. O&M Agreements Olympus Power LLC On November 2, 2021, Stronghold LLC entered into an Operations, Maintenance and Ancillary Services Agreement (the “Omnibus Services Agreement”) with Olympus Stronghold Services, LLC (“Olympus Stronghold Services”), whereby Olympus Stronghold Services provides certain operations and maintenance services to Stronghold LLC and employs certain personnel to operate the Panther Creek Plant and the Scrubgrass Plant. Stronghold LLC reimburses Olympus Stronghold Services for those costs incurred by Olympus Stronghold Services and approved by Stronghold LLC in the course of providing services under the Omnibus Services Agreement, including payroll and benefits costs and insurance costs. The material costs incurred by Olympus Stronghold Services shall be approved by Stronghold LLC. From November 2, 2021, until October 1, 2023, Stronghold LLC also agreed to pay Olympus Stronghold Services a management fee at the rate of $1,000,000 per year, payable monthly for services provided at each of the Panther Creek Plant and Scrubgrass Plant, and an additional one-time mobilization fee of $150,000 upon the effective date of the Omnibus Services Agreement, which has been deferred in 2022. The amount expensed for the three and nine months ended September 30, 2022, was $392,761 and $1,189,452, respectively, which includes the monthly management fees plus reimbursable costs incurred by Olympus Stronghold Services for payroll, benefits and insurance. Effective October 1, 2022, Stronghold LLC will pay Olympus Stronghold Services a management fee for the Panther Creek Plant in the amount of $500,000 per year, payable monthly for services provided at the Panther Creek Plant. This is a reduction of $500,000 from the $1,000,000 per year management fee that the Company was previously scheduled to pay Olympus Stronghold Services. Panther Creek Energy Services LLC Effective August 2, 2021, the Company entered into the Operations and Maintenance Agreement (the “O&M Agreement”) with Panther Creek Energy Services LLC, a wholly owned subsidiary of Olympus Services LLC which, in turn, is a wholly owned subsidiary of Olympus Power LLC. Under the O&M Agreement, Panther Creek Energy Services LLC provides the Company with operations and maintenance services with respect to the Facility. The Company reimburses Panther Creek Energy Services LLC for actual wages and salaries. The Company also agreed to pay a management fee of $175,000 per operating year, which is payable monthly, and is adjusted by the consumer price index on each anniversary date of the effective date. The amount expensed for the three and nine months ended September 30, 2022, was $886,569 and $2,911,738, respectively, of which $373,938 was included in due to related parties on the condensed consolidated balance sheet. In connection with the equity contribution agreement effective July 9, 2021 (the "Equity Contribution Agreement"), the Company entered into the Amended and Restated Operations and Maintenance Agreement (the “Amended O&M Agreement”) with Panther Creek Energy Services LLC. Under the Amended O&M Agreement, the management fee is $250,000 for the twelve-month period following the effective date and $325,000 per year thereafter. The effective date of the Amended O&M Agreement is the closing date of the Equity Contribution Agreement. Scrubgrass Energy Services, LLC Effective February 1, 2022, the Company entered into the Operations and Maintenance Agreement (the “Scrubgrass O&M Agreement”) with Scrubgrass Energy Services, LLC, a wholly owned subsidiary of Olympus Services LLC which, in turn, is a wholly owned subsidiary of Olympus Power LLC. Under the Scrubgrass O&M Agreement, Scrubgrass Energy Services LLC provides the Company with operations and maintenance services with respect to the Facility. The Company reimburses Scrubgrass Energy Services LLC for actual wages and salaries. The Company also agreed to pay a management fee of $175,000 per operating year, which is payable monthly, and is adjusted by the consumer price index on each anniversary date of the effective date. The amount expensed for the three and nine months ended September 30, 2022, was $2,099,306 and $4,749,432, respectively, of which $701,770 was included in due to related parties on the condensed consolidated balance sheet. In connection with the Equity Contribution Agreement effective July 9, 2021, the Company entered into the Amended and Restated Operations and Maintenance Agreement (the “Scrubgrass Amended O&M Agreement”) with Scrubgrass Energy Services LLC. Under the Scrubgrass Amended O&M Agreement, the management fee is $250,000 for the twelve-month period following the effective date and $325,000 per year thereafter. The effective date of the Scrubgrass Amended O&M Agreement is the closing date of the Equity Contribution Agreement. Effective October 1, 2022, Stronghold LLC no longer pays Olympus Stronghold Services a management fee for the Scrubgrass Plant. Management Services Agreement On May 10, 2021, a new management and advisory agreement was entered into between Q Power and William Spence. In consideration of the consultant’s performance of the services thereunder, Q Power will pay Mr. Spence a fee at the rate of $50,000 per complete calendar month (pro-rated for partial months) that Mr. Spence provides services thereunder, payable in arrears. The previous agreement requiring monthly payments of $25,000 was terminated. Q Power will not be liable for any other payments to Mr. Spence including, but not limited to, any cost or expenses incurred by Mr. Spence in the course of performing his obligations thereunder. The Company has made total payments of $150,000 and $450,000 for the three and nine months ended September 30, 2022. Amounts due to related parties as of September 30, 2022, and December 31, 2021, were as follows: September 30, 2022 December 31, 2021 Due to related parties: Coal Valley Properties, LLC $ 134,452 $ 134,452 Q Power LLC 500,000 500,000 Coal Valley Sales, LLC — 202,334 Panther Creek Energy Services 373,938 94,434 Panther Creek Fuel Services 124,904 47,967 Northampton Generating Co LP 282,615 321,738 Olympus Services LLC — 129,735 Scrubgrass Energy Services 701,770 — Scrubgrass Fuel Services 55,754 — Keystone Reclamation Fuel Management LLC 38,712 — TOTALS $ 2,212,145 $ 1,430,660

PAYCHECK PROTECTION PROGRAM LOA

PAYCHECK PROTECTION PROGRAM LOAN, ECONOMIC INJURY DISASTER LOAN	9 Months Ended
	Sep. 30, 2022
Debt Disclosure [Abstract]
PAYCHECK PROTECTION PROGRAM LOAN, ECONOMIC INJURY DISASTER LOAN	NOTE 6 – LONG-TERM DEBT Long-term debt consists of the following as of September 30, 2022, and December 31, 2021: September 30, 2022 December 31, 2021 $66,076 loan, with interest at 5.55%, due July 2021. $ — $ 3,054 $75,000 loan, with interest at 12.67%, due April 2021. — 7,312 $499,520 loan, with interest at 2.49%, due December 2023. 150,089 232,337 $499,895 loan, with interest at 2.95%, due July 2023. 153,985 246,720 $212,675 loan, with interest at 6.75%, due October 2022. — 103,857 $517,465 loan, with interest at 4.78%, due October 2024. 381,452 490,600 $431,825 loan, with interest at 7.60%, due April 2024. 142,898 204,833 $565,500 loan, with interest at 4.48%, due January 2027. 495,897 — $523,076 financing agreement for insurance, with interest at 5.99%, due March 2023. 307,385 — $6,900,000 financing agreement for insurance, with interest at 3.45%, due July 2022. — 4,299,721 $40,000,000 loan, with interest at 10.00%, due June 2023. 17,639,433 [A] 30,734,045 $33,750,000 loan, with interest at 10.00%, due May 2024. 20,194,118 [B] — $10,641,362 loan, with interest at 10.00%, due June 2023. — [C] 8,176,302 $14,077,800 loan, with interest at 10.00%, due June 2023. — [D] 10,816,694 $5,808,816 loan, with interest at 10.00%, due April 2023. 3,571,674 [E] — $6,814,000 loan, with interest at 10.00%, due October 2023. 4,986,747 [F] — $17,984,000 maximum advance loan, with interest at 9.99%, due December 2023. Balance is what has been advanced as of September 30, 2022. — [G] 10,790,400 $17,984,000 maximum advance loan, with interest at 9.99%, due December 2023. Balance is what has been advanced as of September 30, 2022. 17,052,794 [H] 7,769,088 $17,984,000 maximum advance loan, with interest at 9.99%, due December 2023. Balance is what has been advanced as of September 30, 2022. 14,387,200 [I] — $33,750,000 Convertible Note, with interest at 10.00%, due May 2024. 22,437,500 [J] — $92,381 loan, with interest at 1.49%, due April 2026. 84,891 — $64,136 loan, with interest at 11.85%, due May 2024. 42,986 $196,909 loan, with interest at 6.49%, due May 2024. 196,909 — 102,225,958 73,874,963 Less current portions, deferred debt issuance costs and discounts: Outstanding loan 90,605,752 50,099,372 Deferred debt issuance costs 2,269,467 2,854,787 Discounts from issuance of stock — 1,042,416 Discounts from issuance of warrants 1,743,499 1,499,547 $ 7,607,240 $ 18,378,841 [A] The WhiteHawk Promissory Note has a term of 24 months. Refer to Note 14 – Stock Issued Under Master Financing Agreements and Warrants for further discussion. On December 31, 2021, the Company amended the WhiteHawk Financing Agreement (as defined below) (the “WhiteHawk Amendment”) to extend the final MinerVa delivery date from December 31, 2021, to April 30, 2022. Pursuant to the WhiteHawk Amendment, Equipment LLC paid an amendment fee in the amount of $250,000 to WhiteHawk Finance LLC ("WhiteHawk"). These fees are included in deferred debt issuance costs. Refer to Note 33 – Subsequent Events for disclosure of the WhiteHawk Credit Agreement (as defined below) which closed on October 27, 2022, as a result of which the WhiteHawk equipment financing was refinanced. [B] WhiteHawk Promissory Note agreement with a term of 24 months. Refer to Note 14 – Stock Issued Under Master Financing Agreements and Warrants for further discussion. Pursuant to the Second WhiteHawk Amendment, Equipment LLC paid an amendment fee in the amount of $275,414 and a closing fee of $500,000 to WhiteHawk. These fees are included in deferred debt issuance costs. Refer to Note 33 – Subsequent Events for disclosure of the WhiteHawk Credit Agreement which closed on October 27, 2022, as a result of which the above WhiteHawk equipment financing was refinanced. [C] Arctos/NYDIG Financing Agreement (as defined below) [loan #1] with a term of 24 months. This debt tranche was extinguished as of September 30, 2022, as outlined below. [D] Arctos/NYDIG Financing Agreement [loan #2] with a term of 24 months. This debt tranche was extinguished as of September 30, 2022, as outlined below. [E] Arctos/NYDIG Financing Agreement [loan #3] with a term of 15 months. Deferred debt issuance costs of $232,353 are amortized over the term of the loan using the straight-line method. [F] Arctos/NYDIG Financing Agreement [loan #4] with a term of 21 months. Deferred debt issuance costs of $272,560 are amortized over the term of the loan using the straight-line method. [G] Second NYDIG Financing Agreement (as defined below) with a term of 24 months. This debt tranche was extinguished as of September 30, 2022, as outlined below. [H] Second NYDIG Financing Agreement with a term of 24 months. Deferred debt issuance costs of $449,600 are amortized over the term of the loan using the straight-line method. [I] Second NYDIG Financing Agreement with a term of 24 months. Deferred debt issuance costs of $449,600 are amortized over the term of the loan using the straight-line method. [J] Convertible Note with a term of 24 months. Refer to Note 32 – Private Placements for further discussion. On August 16, 2022, the Company, Stronghold LLC, SDM and Stronghold Digital Mining BT , LLC, a Delaware limited liability company (“Digital Mining BT" and, together with SDM, the “APA Sellers” and, together with the Company and Stronghold LLC, the “APA Seller Parties”), entered into an Asset Purchase Agreement (the “Asset Purchase Agreement”) with NYDIG, formerly known as Arctos Credit, LLC, and The Provident Bank, a Massachusetts savings bank (“BankProv” and, together with NYDIG, “Purchasers” and each, a “Purchaser”). Pursuant to the master equipment financing agreement entered into between SDM and Arctos Credit, LLC (“Arctos” now known as “NYDIG”) on June 25, 2021 (the “Arctos/NYDIG Financing Agreement”) and the master equipment financing agreement entered into between Digital Mining BT and NYDIG on December 15, 2021 (the “Second NYDIG Financing Agreement” and together with the Arctos/NYDIG Financing Agreement, the “NYDIG Financing Agreements”), certain miners were pledged as collateral under such agreements (and together with certain related agreements to purchase miners, the “APA Collateral”). Under the Asset Purchase Agreement, the APA Seller Parties agreed to sell, and the Purchasers (or their respective designee) agreed to purchase, the APA Collateral in a private disposition in exchange for the forgiveness, reduction and release of all principal, interest and fees owing under each of the NYDIG Agreements (collectively, the “NYDIG Debt”). The Sellers agreed to clean, service, package, ship, and deliver the APA Collateral and to bear the costs associated with such activities. Following (i) delivery of the APA Collateral to the Purchasers or their designees pursuant to a master bill of sale and (ii) a subsequent inspection period of up to 14 days (which may be extended up to seven As a result of this transaction, the Company incurred a loss of $19,475,514 in the third quarter of 2022, comprising a loss on debt extinguishment of $15,316,510 and an impairment on assets held for sale of $4,159,004. As of September 30, 2022, three of the seven tranches of the NYDIG Debt were extinguished in conjunction with the sale of the associated miners and was recorded as a loss on debt extinguishment on the condensed consolidated statements of operations. The remaining four tranches of the NYDIG Debt, totaling $39,998,415 (excluding deferred debt issuance costs and discounts), were classified as current debt as of September 30, 2022, and an impairment on assets held for sale was recognized on the condensed consolidated statements of operations. The miners associated with the remaining four tranches of the NYDIG Debt were classified as assets held for sale as of September 30, 2022, on the condensed consolidated balance sheet. Subsequent to quarter end, three more tranches were extinguished on October 13, 2022, and the final tranche was extinguished on October 26, 2022. Future scheduled maturities on the outstanding borrowings as of September 30, 2022, are as follows: Years ending December 31: 2022 remaining (1) $ 56,750,896 2023 40,484,040 2024 4,627,755 2025 222,234 2026 130,562 2027 10,471 $ 102,225,958 (1) 2022 includes the remaining four tranches of the NYDIG Debt, totaling $39,998,415, which were extinguished subsequent to quarter end. NOTE 10 – PAYCHECK PROTECTION PROGRAM AND ECONOMIC INJURY DISASTER LOANS On March 16, 2021, the Company received a second round Paycheck Protection Program ("PPP") loan in the amount of $841,670 that accrues interest of 1% per year and matures on the fifth anniversary of the date of the note. In January 2021, the Company was granted relief as forgiveness for the first round PPP loan in the amount of $638,800. On June 8, 2021, the Company repaid the Economic Injury Disaster Loan (“EIDL”) received on March 31, 2020, in the amount of $150,000. On May 25, 2022, the Company was granted relief as forgiveness for the second round PPP loan in the amount of $841,670. NOTE 29 – PREMIUM FINANCING AGREEMENT Effective October 21, 2021, the Company entered into a director and officer insurance policy with annual premiums totaling $6,900,000. The Company executed a Commercial Premium Finance Agreement with AFCO Premium Credit LLC over a term of nine months, with an annual interest rate of 3.454%, that financed the payment of the total premiums owed. The agreement required a $1,400,000 down payment, with the remaining $5,500,000 plus interest to be paid over nine months. Monthly payments of $621,300 started November 21, 2021, and ended July 21, 2022. As of September 30, 2022, the premiums were paid in full. The term of the director and officer insurance policy expired on October 19, 2022. Effective October 20, 2022, the director and officer insurance policy was renewed for an additional 12 months with annual premiums totaling $5,484,449. On November 8, 2022, the Company executed a Commercial Premium Finance Agreement with AFCO Premium Credit LLC over a term of nine months, with an annual interest rate of 9.460%, that financed the payment of the total premiums owed. The agreement requires a $750,000 down payment, with the remaining $4,734,449 plus interest to be paid over nine months. Monthly payments of $552,849 will begin on January 1, 2023. Effective April 29, 2022, the Company entered into a commercial property insurance policy with annual premiums totaling $523,076. The Company has executed a Commercial Premium Finance Agreement with AFCO Premium Credit LLC, over a term of eleven months, with an annual interest rate of 5.99%, that finances the payment of the total premiums owed. The agreement required a $44,793 down payment, with the remaining $478,283 plus interest paid over eleven months. Monthly payments of $44,793 started May 29, 2022, and end March 29, 2023. As of September 30, 2022, the unpaid balance is $307,385. NOTE 30 – COVENANTS On December 31, 2021, Equipment LLC and WhiteHawk entered into the WhiteHawk Amendment to extend the Final MinerVa Delivery Date (as defined therein) from December 31, 2021, to April 30, 2022. Pursuant to the WhiteHawk Amendment, Equipment LLC paid an amendment fee in the amount of $250,000 to WhiteHawk. Pursuant to the WhiteHawk Amendment's covenants, WhiteHawk can accelerate payment of the loan if the revised final MinerVa delivery date is not achieved. On March 28, 2022, Equipment LLC and WhiteHawk entered into the Second WhiteHawk Amendment to remove all MinerVa miners from the collateral package in exchange for other miners and to increase the Total Advance by an additional $25 million. On October 27, 2022, the Company entered into the Credit Agreement with WhiteHawk to refinance the equipment financing agreement, effectively terminating the WhiteHawk Financing Agreement. Refer to Note 8 – Commitments and Contingencies for additional details regarding the WhiteHawk Refinancing Agreement. The WhiteHawk Refinancing Agreement contains a covenant requiring the Borrower and its subsidiaries to maintain a minimum (x) of $7.5 million of liquidity at all times, (y) a minimum liquidity of $10 million of average daily liquidity for each calendar month (rising to $20 million beginning July 1, 2023) and (z) a maximum total leverage ratio covenant of (i) 7.5:1.0 for the quarter ending December 31, 2022, (ii) 5.0:1.0 for the quarter ending March 31, 2023, (iii) 4.0:1.0 for the quarter ending June 30, 2023, and (iv) 4.0:1.0 for each quarter ending thereafter.

COVID-19

COVID-19	9 Months Ended
	Sep. 30, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]
COVID-19	NOTE 11 – COVID-19 The full impact of the coronavirus (“COVID-19”) outbreak continues to evolve as of the date of this report. As such, it is uncertain as to the full magnitude that the pandemic will have on the Company’s financial condition, results of operations and liquidity. Management continues to monitor the impact of the COVID-19 on its financial condition, liquidity, operations, suppliers, industry, and workforce. Given the evolution of the COVID-19 outbreak and the global responses to curb its spread, the Company is not able to estimate the future effects of the COVID-19 outbreak on its financial condition, results of operations or liquidity.

SEGMENT REPORTING

SEGMENT REPORTING	9 Months Ended
	Sep. 30, 2022
Segment Reporting [Abstract]
SEGMENT REPORTING	NOTE 12 – SEGMENT REPORTING Operating segments are defined as components of an enterprise about which separate financial information is available that is evaluated regularly in deciding how to allocate resources and in assessing performance. Our CEO is the primary decision-maker. The Company functions in two operating segments about which separate financial information is presented below. Reportable segment results for the three and nine months ended September 30, 2022, and 2021, are as follows: Three Months Ended, Nine Months Ended September 30, 2022 September 30, 2021 September 30, 2022 September 30, 2021 (unaudited) (unaudited) (unaudited) (unaudited) Operating Revenues: Energy Operations $ 12,371,797 $ 3,459,466 $ 31,629,528 $ 8,262,647 Cryptocurrency Operations 12,376,974 2,560,247 50,997,751 5,643,668 Total Operating Revenues $ 24,748,771 $ 6,019,713 $ 82,627,279 $ 13,906,315 Net Operating Income/(Loss): Energy Operations $ (16,086,915) $ (2,121,260) $ (39,915,660) $ (5,907,066) Cryptocurrency Operations (23,092,642) (1,824,772) (67,786,643) (1,896,152) Net Operating Income/(Loss) $ (39,179,557) $ (3,946,032) $ (107,702,303) $ (7,803,218) Other Income, net (a) $ (36,040,813) $ (2,333,997) $ (40,063,057) $ (1,958,776) Net Income/(Loss) $ (75,220,370) $ (6,280,029) $ (147,765,360) $ (9,761,994) Depreciation and Amortization: Energy Operations $ (1,292,241) $ (149,426) $ (3,874,894) $ (430,965) Cryptocurrency Operations (10,955,004) (1,008,948) (33,359,232) (2,032,584) Total Depreciation and Amortization $ (12,247,245) $ (1,158,374) $ (37,234,126) $ (2,463,549) Interest Expense: Energy Operations $ (15,864) $ (22,264) $ (71,933) $ (90,570) Cryptocurrency Operations (3,377,203) (2,438,404) (10,741,369) (2,504,181) Total Interest Expense $ (3,393,067) $ (2,460,668) $ (10,813,302) $ (2,594,751) (a) The Company does not allocate other income, net for segment reporting purposes. Amount is shown as a reconciling item between net operating income/(losses) and consolidated income before taxes. Refer to the condensed consolidated statements of operations for the three and nine months ended September 30, 2022, and 2021, for further details. Assets, at September 30, 2022, by energy operations and cryptocurrency operations totaled $55,815,516 and $218,326,804, respectively. Assets at September 30, 2021, by energy operations and cryptocurrency operations, totaled $8,855,271 and $166,496,829, respectively. September 30, 2022 September 30, 2021 Energy Operations Cryptocurrency Total Energy Cryptocurrency Total (unaudited) (unaudited) (unaudited) (unaudited) Cash and cash equivalents $ 1,866,394 $ 14,857,117 $ 16,723,511 $ 583,039 $ 40,851,371 $ 41,434,410 Digital currencies — 2,186,704 2,186,704 — 3,228,698 3,228,698 Digital currencies, restricted — — — — — — Accounts receivable 438,167 336,871 775,038 256,104 52,283 308,387 Due from related parties 58,735 — 58,735 — — — Prepaid insurance 490,090 490,090 980,180 139,269 139,269 278,538 Inventory 3,316,716 — 3,316,716 367,601 — 367,601 Assets held for sale — 39,008,651 39,008,651 — — — Other current assets 1,411,026 116,912 1,527,938 1,889,831 1,889,832 3,779,663 Security deposits 227,369 121,519 348,888 — — — Equipment deposits — 24,385,876 24,385,876 — 85,624,852 85,624,852 Property, plant and equipment, net 46,046,621 136,823,064 182,869,685 5,404,263 34,710,524 40,114,787 Land 1,748,439 — 1,748,439 29,919 — 29,919 Road bond 211,958 — 211,958 185,245 — 185,245 $ 55,815,516 $ 218,326,804 $ 274,142,319 $ 8,855,271 $ 166,496,829 $ 175,352,100

STOCK-BASED COMPENSATION

STOCK-BASED COMPENSATION	9 Months Ended
	Sep. 30, 2022
Share-Based Payment Arrangement [Abstract]
STOCK-BASED COMPENSATION	NOTE 13 – STOCK-BASED COMPENSATION Stock compensation expense was $3,377,499 and $9,123,124 for the three and nine months ended September 30, 2022, respectively, and $976,528 and $1,246,460 for the three and nine months ended September 30, 2021, respectively. There is no tax benefit related to stock compensation expense due to a full valuation allowance on the net deferred tax assets at September 30, 2022. NOTE 31 – NON-EMPLOYEE DIRECTORS COMPENSATION POLICY On October 19, 2021, non-employee members of the Board are eligible to receive cash and equity compensation as set forth in the Non-Employee Director Compensation Policy (the “Policy”). The cash and equity compensation described in the Policy shall be paid or be made, as applicable, to each member of the Board who is not an employee of the Company or any parent or subsidiary of the Company (each, a “Non-Employee Director”) and who may be eligible to receive such cash or equity compensation, unless such Non-Employee Director declines the receipt of such cash or equity compensation by written notice to the Company. The Policy became effective as of the date set forth above (the “Effective Date”) and shall remain in effect until it is revised or rescinded by further action of the Board. The Company paid compensation to the non-employee directors totaling zero and $275,843 during the three and nine months ended September 30, 2022, respectively, but the latter amount was reduced to a net $200,843 after reversing the December 31, 2021, accrual.

STOCK ISSUED UNDER MASTER FINAN

STOCK ISSUED UNDER MASTER FINANCING AGREEMENTS AND WARRANTS	9 Months Ended
	Sep. 30, 2022
Investments, Debt and Equity Securities [Abstract]
STOCK ISSUED UNDER MASTER FINANCING AGREEMENTS AND WARRANTS	NOTE 14 – STOCK ISSUED UNDER MASTER FINANCING AGREEMENTS AND WARRANTS Stock Issued as part of an Equipment Financing Agreement Arctos Credit LLC (NYDIG) On June 25, 2021, SDM (i.e. "the Company") entered into a $34,481,700 Arctos/NYDIG Financing Agreement. As part of this agreement, NYDIG was issued a total of 126,274 shares of common stock of Stronghold Inc. The effective date of this issuance was as of the commencement date of the agreement. On July 2, 2021, the Company received two separate loans, against the $34,481,700, totaling $24,157,178 (net of debt issuance fees). The loans each have a maturity date of July 23, 2023, where the full outstanding principal amount of the loans is due and payable. Interest for each of the loans is set at 10% per annum. On January 31, 2022, the Company amended the master equipment financing agreement with an affiliate of NYDIG to allow for a Maximum Advance Amount of $37,341,978. On February 1, 2022, the Company received two separate loans, against the $37,341,978, totaling $12,117,903 (net of debt issuance fees). The loans each have a maturity date of April 25, 2023, and October 25, 2023, respectively, where the full outstanding principal amount of the loans is due and payable. Interest for each of the loans is set at 10% per annum. As of September 30, 2022, the fair value at the date of issuance (i.e., June 25, 2021) of the 126,274 common shares or $1,389,888 is presented on the condensed consolidated balance sheet as debt discounts that offset the net proceeds of the loans and amortized using the straight-line method over the terms of the loans (refer to Note 6 – Long-Term Debt for further details). For the nine months ended September 30, 2022, the Company recorded amortized costs in the amount of $347,472 related to the stock issued debt discounts. That amount is included in interest expense. In addition, the agreement stipulates a "Standby Fee" if, prior to August 15, 2021, the Company has failed to take advances from NYDIG equal to the total agreement amount of $37,341,978. The Standby Fee is calculated as 1.75% times the remaining principal that has not been borrowed, or zero as of September 30, 2022. As a result, the Company has not paid a Standby Fee during the nine months ended September 30, 2022. That amount is included in interest expense. Warrants Private Placement Purchase Agreement On May 15, 2022, we entered into a note and warrant purchase agreement (the “Purchase Agreement”), by and among the Company and the purchasers thereto (collectively, the “Purchasers”), whereby we agreed to issue and sell to the Purchasers, and the Purchasers agreed to purchase from the Company, (i) $33,750,000 aggregate principal amount of 10.00% unsecured convertible promissory notes (the “May 2022 Notes”) and (ii) warrants (the “May 2022 Warrants”) representing the right to purchase up to 6,318,000 shares of Class A Common Stock, of the Company with an exercise price per share equal to $2.50, on the terms and subject to the conditions set forth in the Purchase Agreement (collectively, the “2022 Private Placement”). The Purchase Agreement contained representations and warranties by the Company and the Purchasers that are customary for transactions of this type. The May 2022 Notes and the May 2022 Warrants were sold for aggregate consideration of $27 million. In connection with the 2022 Private Placement, the May 2022 Warrants were issued pursuant to a Warrant Agreement, dated as of May 15, 2022 (the “Warrant Agreement”). The May 2022 Warrants are subject to mandatory cashless exercise provisions and have certain anti-dilution provisions. The May 2022 Warrants will be exercisable for a five-year period from the closing. On August 16, 2022, the Company entered into an amendment to the note and warrant purchase agreement (the “Purchase Agreement Amendment”), by and among the Company and the Purchasers, whereby the Company agreed to amend the Purchase Agreement such that $11.25 million of the outstanding principal has been exchanged for the Purchaser's execution of an amended and restated warrant agreement pursuant to which the strike price of the 6,318,000 May 2022 Warrants was reduced from $2.50 to $0.01. After giving effect to the principal reduction and amended and restated warrants, the Company will continue to make subsequent monthly, payments to the Purchasers on the 15th day of each of November 2022, December 2022, January 2023, and February 2023. The Company may elect to pay each such payment (A) in cash or (B) in shares of Common Stock, in each case, at a 20% discount to the average of the daily VWAPs for each of the 20 consecutive trading days preceding the payment date. WhiteHawk Finance LLC On June 30, 2021, Equipment LLC entered into a $40,000,000 promissory note (the “WhiteHawk Promissory Note”) with WhiteHawk (the “Lender”). The note has a maturity date of June 23, 2023, where the full outstanding principal amount of the note is due and payable. Interest for the note is set at 10% per annum. On June 30, 2021, Equipment LLC also entered into a Stock Purchase Warrant agreement with the Lender, where Equipment LLC issued 181,705 warrants to purchase shares of Class A common stock of Equipment LLC to the Lender. The warrants are exercisable by the Lender at any time during a ten-year term at $0.01 per share of common stock. The warrants are legally detachable and can separately be exercised. The fair value for the warrants, as of the issuance date, is $1,999,396 and is recorded as equity with the offset recorded as a debt discount against the net proceeds. The proceeds of $40,000,000 are allocated to the WhiteHawk Promissory Note and the warrants are being amortized based on the straight-line method over the twenty-four month term of the note. For the nine months ended September 30, 2022, the Company has recorded amortized debt discount, related to the warrants, in the amount of $499,849, which is included in interest expenses. On March 28, 2022, Equipment LLC entered into a $25,000,000 promissory note (the “Second WhiteHawk Promissory Note”) with the Lender. The note has a maturity date of March 31, 2024, where the full outstanding principal amount of the note is due and payable. Interest for the note is set at 10% per annum. On March 28, 2022, Equipment LLC also entered into a Stock Purchase Warrant agreement with the Lender, where Equipment LLC issued 125,000 warrants to purchase shares of Class A common stock of Equipment LLC to the Lender. The warrants are exercisable by the Lender at any time during a ten-year term at $0.01 per share of common stock. The warrants are legally detachable and can separately be exercised. The fair value for the warrants, as of the issuance date, is $1,150,000 and is recorded as equity with the offset recorded as a debt discount against the net proceeds. The proceeds of $25,000,000 are allocated to the Second WhiteHawk Promissory Note and the warrants are being amortized based on the straight-line method over the twenty-four month term of the note. For the nine months ended September 30, 2022, the Company has recorded amortized debt discount, related to the warrants, in the amount of $143,750, which is included in interest expenses. B. Riley Securities, Inc. On each of April 1, 2021, and May 14, 2021, Stronghold Inc. entered into a warrant agreement with American Stock Transfer & Trust Company. B. Riley Securities, Inc. acted as the Company’s placement agent in connection with the Private Placements. In connection therewith, the Company issued B. Riley Securities, Inc. (i) a five-year warrant to purchase up to 97,920 shares of Series A Preferred Stock at a per share exercise price of $8.68 and (ii) a five-year warrant to purchase up to 18,170 shares of Series B Preferred Stock at a per share exercise price of $11.01. In each case the exercise price was equal to the respective private placement per share price. B. Riley Securities, Inc. and its affiliates purchased 439,200 and 91,619 shares of Series A Preferred Stock and Series B Preferred Stock, respectively, at the same private placement per share price. The warrants contain standard limitations and representations and are exercisable for a period of five years from the date of the Private Placements. The warrants are legally detachable and separately exercisable. The accounting for warrants on redeemable shares follows the guidance in ASC 480-10-25-8 through 25-13. Those paragraphs address the classification of instruments, other than an outstanding share, that have both of the following characteristics: • The instrument embodies an obligation to repurchase the issuer’s equity shares, or is indexed to such an obligation. • The instrument requires or may require the issuer to settle the obligation by transferring assets. As of October 22, 2021 (the closing date of the initial public offering of shares of Class A common stock), the purchase redemption rights of the Series A Preferred Stock and Series B Preferred Stock, described above, were extinguished and each of the warrants were transferred to equity with a fair value as of the initial public offering date. Each warrant can now be converted to one share of Class A common stock at par value of $.0001 per share. The final fair value as of October 19, 2021, of each of the warrants, was calculated using the Black-Scholes option-pricing model with the following assumptions: Series A The following are the Black-Scholes input assumptions for the 97,920 Series A warrants; and the changes in fair values as of April 1, 2021 (date of issuance), and October 19, 2021, respectively: As of Changes in April 1, 2021 October 19, 2021 Expected volatility 100.2 % 117.6 % 17.4 % Expected life (in years) 4.83 4.83 0 Risk-free interest rate 0.9 % 1.2 % 0.3 % Expected dividend yield 0.00 % 0.00 % 0.0 % Fair value $ 631,897 $ 1,628,311 $ 996,414 On April 1, 2021, the Company recorded a liability of $631,897, and as a debt issuance cost against the Preferred Shares. As of September 30, 2022, the fair value of this liability is zero. Series B The following are the Black-Scholes input assumptions for the 18,170 Series B warrants; and the changes in fair values as of May 14, 2021 (date of issuance), and October 19, 2021, respectively: As of Changes in Fair Value Inputs May 14, 2021 October 19, 2021 Expected volatility 100.2 % 117.6 % 17.4 % Expected life (in years) 4.8 4.8 0 Risk-free interest rate 0.9 % 1.2 % 0.3 % Expected dividend yield 0.00 % 0.00 % 0.0 % Fair value $ 148,575 $ 295,970 $ 147,395 On May 14, 2021, the Company recorded a liability of $148,575, and as a debt issuance cost against the Mezzanine Equity (see Note 15 – Redeemable Common Stock). As of September 30, 2022, the fair value of this liability is zero.

REDEEMABLE COMMON STOCK

REDEEMABLE COMMON STOCK	9 Months Ended
	Sep. 30, 2022
Temporary Equity Disclosure [Abstract]
REDEEMABLE COMMON STOCK	NOTE 15 – REDEEMABLE COMMON STOCK Private Placements - Mezzanine Equity Series A & B On April 1, 2021, the Company entered into a Series A Preferred Stock Purchase Agreement pursuant to which the Company issued and sold 9,792,000 shares of Series A Preferred Stock in the Series A Private Placement at a price of $8.68 per share to various accredited individuals for aggregate consideration of approximately $85.0 million. In connection with the Series A Private Placement, the Company incurred approximately $6.3 million in fees and $631,897 as debt issuance costs for warrants issued as part of the Series A Private Placement. Further, pursuant to the Series A Private Placement, Stronghold Inc., the investors in the Series A Private Placement and key holders entered into a Right of First Refusal Agreement ("ROFR Agreement"). Under the ROFR Agreement, the key holders agreed to grant a right of first refusal to Stronghold Inc. to purchase all or any portion of capital stock of Stronghold Inc., held by a key holder or issued to a key holder after the date of the ROFR Agreement, not including any shares of Series A Preferred Stock or common stock issued or issuable upon conversion of the Series A Preferred Stock. The key holders also granted a right of first refusal to the investors in the Series A Private Placement to purchase all or any eligible capital stock not purchased by Stronghold Inc. pursuant to its right of first refusal. The ROFR Agreement also provided certain co-sale rights to investors in the Series A Private Placement to participate in any sale or similar transfer of any shares of common stock owned by a key holder or issued to a key holder after the Series A Private Placement, on the terms and conditions specified in a written notice from a key holder. The investors, however, are not obligated to participate in such sales or similar transfers. The co-sale and rights of first refusal under the ROFR Agreement terminated when the Preferred Stock converted into shares of Class A common stock. On May 14, 2021, the Company completed the Series B Private Placement. The terms of the Series B Preferred Stock were substantially similar to the Series A Preferred Stock, except for differences in the stated value of such shares in the event of any voluntary or involuntary liquidation, dissolution or winding up of the Company or certain deemed liquidation events. In connection with the Series B Private Placement, the Company sold 1,817,035 shares of its Series B Preferred Stock for an aggregate purchase price of $20.0 million. In connection with the Series B Private Placement, the Company incurred approximately $1.6 million in fees and $148,575 as debt issuance costs for warrants issued as part of the Series B Private Placement. The Company entered into registration rights agreements with the investors in the Private Placements concurrently with the closing of each Private Placement, with certain filing deadlines as defined in the agreements. On October 22, 2021 (the closing date of the IPO), the net proceeds from the 9,792,000 shares of the Series A Preferred Stock and the 1,816,994 shares of the Series B Preferred Stock were converted to shares of Class A common stock on a one-for-one share basis at a par value of $0.0001 per share. As of December 31, 2021, these shares were no longer reported as redeemable common stock. The following is a summary of the Series A and Series B valuations: Series A Series B Proceeds $ 85,000,000 $ 20,000,305 Transaction fees: B. Riley Securities (5,100,000) (1,200,000) Legal and Filing Fees (1,226,990) (408,997) Debt issuance costs pertaining to stock registration warrants - refer to Note 14 (631,897) (148,575) Total net mezzanine equity $ 78,041,113 $ 18,242,733 Conversion to common Class A shares $ (78,041,113) $ (18,242,733) Remaining in net mezzanine equity $ — $ — Class V Common Stock In connection with the Reorganization on April 1, 2021, Stronghold LLC immediately thereafter distributed the 27,072,000 shares of Class V common stock to Q Power. In addition, effective as of April 1, 2021, Stronghold Inc. acquired 14,400 Stronghold LLC Units held by Q Power (along with an equal number of shares of Class V common stock) in exchange for 14,400 newly issued shares of Class A common stock. Class V common stock represents 56.1% ownership of Stronghold LLC. where the original owners of Q Power have economic rights and, as a holder, one vote on all matters to be voted on by our stockholders generally, and a redemption right into Class A shares. The Company classifies shares of Class V common stock held by Q Power as redeemable common stock based on its assessment of (i) the right (the “Redemption Right”) to cause Stronghold LLC to acquire all or a portion of its Stronghold LLC Units for, at Stronghold LLC’s election, (x) shares of Stronghold Inc.’s Class A common stock at a redemption ratio of one share of Class A common stock for each Stronghold LLC Unit redeemed, subject to conversion rate adjustments for stock splits, stock dividends and reclassification and other similar transactions or (y) an approximately equivalent amount of cash as determined pursuant to the Stronghold LLC Agreement of Q Power, and (ii) the right (the “Call Right”), for administrative convenience, to acquire each tendered Stronghold LLC Unit directly from the redeeming Stronghold Unit Holder for, at its election, (x) one share of Class A common stock, subject to conversion rate adjustments for stock splits, stock dividends and reclassification and other similar transactions, or (y) an approximately equivalent amount of cash as determined pursuant to the terms of the Stronghold LLC Agreement of the Company pursuant to ASC 480-10-S99-3A. For each share of Class V common stock outstanding, there is a corresponding outstanding Class A common unit of Stronghold LLC. The redemption of any share of Class V common stock would be accompanied by a concurrent redemption of the corresponding Class A common unit of Stronghold LLC, such that both the share of Class V common stock and the corresponding Class A common unit of Stronghold LLC are redeemed as a combined unit in exchange for either a single share of Class A common stock or cash of equivalent value based on the fair market value of the Class A common stock at the time of the redemption. For accounting purposes, the value of the Class A common units of Stronghold LLC is attributed to the corresponding shares of Class V common stock on the condensed consolidated balance sheet. Class V common stock is classified as redeemable common stock in the condensed consolidated balance sheet as, pursuant to the Stronghold LLC Agreement, the Redemption Rights of each unit held by Q Power for either shares of Class A common stock or an equivalent amount of cash is not solely within the Company’s control. This is due to the holders of the Class V common stock collectively owning a majority of the voting stock of the Company, which allows the holders of Class V common stock to elect the members of the Board, including those directors that determine whether to make a cash payment upon a Stronghold Unit Holder’s exercise of its Redemption Right. Redeemable common stock is recorded at the greater of the book value or redemption amount from the date of the issuance, April 1, 2021, and the reporting date as of September 30, 2022. The Company recorded redeemable common stock as presented in the table below: Non- controlling Interest (1) Series A Series B Common - Class V Preferred Shares Amount Preferred Shares Amount Shares Amount Total Balance - December 31, 2021 $ — — $ — 27,057,600 $ 301,052,617 $ 301,052,617 Net loss - January 1 to September 30, 2022 (82,905,233) (82,905,233) Maximum redemption right valuation (188,713,856) (188,713,856) Balance - September 30, 2022 $ — — $ — — $ — 27,057,600 $ 29,433,528 $ 29,433,528 _______________ NOTE 32 – PRIVATE PLACEMENTS May 2022 Private Placement On May 15, 2022, the Company entered into a note and warrant purchase agreement (the “Purchase Agreement”), by and among the Company and the purchasers thereto (collectively, the “Purchasers”), whereby the Company agreed to issue and sell to Purchasers, and Purchasers agreed to purchase from the Company, (i) $33,750,000 aggregate principal amount of 10.00% unsecured convertible promissory notes (the “May 2022 Notes”) and (ii) warrants (the “May 2022 Warrants”) representing the right to purchase up to 6,318,000 shares of Class A common stock, of the Company with an exercise price per share equal to $2.50, on the terms and subject to the conditions set forth in the Purchase Agreement collectively, the “2022 Private Placement”). The Purchase Agreement contained representations and warranties by the Company and the Purchasers that are customary for transactions of this type. The May 2022 Notes and the May 2022 Warrants were sold for aggregate consideration of $27.0 million. In connection with the 2022 Private Placement, the Company undertook to negotiate with the Purchasers, and to file a certificate of designation (“Series C Preferred Certificate of Designation”) with the State of Delaware, following the closing of the 2022 Private Placement, the terms of a new series of preferred stock (the “Series C Preferred Stock”). In connection with the 2022 Private Placement, the May 2022 Warrants were issued pursuant to the Warrant Agreement. The May 2022 Warrants are subject to mandatory cashless exercise provisions and have certain anti-dilution provisions. The May 2022 Warrants will be exercisable for a five-year period from the closing. On August 16, 2022, the Company entered into the Purchase Agreement Amendment, by and among the Company and the Purchasers, whereby the Company agreed to amend the Purchase Agreement such that $11.25 million of the outstanding principal has been exchanged for the Purchaser's execution of an amended and restated warrant agreement pursuant to which the strike price of the 6,318,000 May 2022 Warrants was reduced from $2.50 to $0.01. After giving effect to the principal reduction and amended and restated warrants, the Company will continue to make subsequent monthly, payments to the Purchasers on the fifteenth (15th) day of each of November 2022, December 2022, January 2023, and February 2023. The Company may elect to pay each such payment (A) in cash or (B) in shares of Common Stock, in each case, at a twenty percent (20%) discount to the average of the daily VWAPs for each of the twenty (20) consecutive trading days preceding the payment date. The issuance of the Convertible Note is within the scope of ASC 480-10, and therefore, has been measured at fair value as described in ASC 480-10-30-7 and will be remeasured each reporting period as described in paragraph 480-10-25-8. Additionally, under the guidance provided by ASC 815-40-15-7, it has been determined that the warrants are indexed to the Company's stock. The warrants will initially be recorded at their fair value and recorded in equity. The Convertible Note was valued using the gross yield method under the income approach. As of the issuance date of May 15, 2022, a calibration analysis was performed by back solving the implied yield associated with the Convertible Notes, such that the total value of the Convertible Notes and the May 2022 Warrants is equal to the purchase amount. The calibrated yield was then rolled forward for changes to the risk-free rate and option-adjusted spreads to the August 16, 2022, valuation date to value the Convertible Notes. September 2022 PIPE On September 13, 2022, the Company entered into Securities Purchase Agreements (the "Purchase Agreements") with Armistice Capital Master Fund Ltd. (“Armistice”) and Greg Beard, the Company's co-chairman and chief executive officer (together with Armistice, the “September PIPE Purchasers”), for the purchase and sale of 2,274,350 and 602,409 shares, respectively, of Class A common stock, par value $0.0001 per share at a purchase price of $1.60 and $1.66, respectively, and warrants to purchase an aggregate of 5,602,409 shares of Class A common stock, at an initial exercise price of $1.75 per share (subject to certain adjustments). Subject to certain ownership limitations, such warrants are exercisable upon issuance and will be exercisable for five and a half years commencing upon the date of issuance. Armistice also purchased the pre-funded warrants to purchase 2,725,650 shares of Class A common stock (the "Pre-Funded Warrants") at a purchase price of $1.60 per Pre-Funded Warrant. The Pre-Funded Warrants have an exercise price of $0.0001 per warrant share. The transaction closed on September 19, 2022. The gross proceeds, before deducting offering expenses, from the sale of such securities was approximately $9.0 million. The Company intends to use the proceeds from this offering for general corporate purposes, which may include acquisition of Bitcoin miners. The warrant liability is subject to remeasurement at each balance sheet date and any change in fair value is recognized as a component of the change in warrant liabilities in the condensed consolidated statements of operations. The fair value of the warrant liability was estimated using a Black-Scholes model with significant inputs as follows: September 30, 2022 Expected volatility 134.7 % Expected life (in years) 4.75 Risk-free interest rate 2.95 % Expected dividend yield 0.00 % Fair value $20,110,511 Pursuant to the Armistice Securities Purchase Agreement, the Company entered into a registration rights agreement with Armistice (the “Armistice Registration Rights Agreement”), and agreed to prepare and file a registration statement covering the resale of all Registrable Securities (as defined in the Armistice Registration Rights Agreement), and to use its commercially reasonable efforts to cause the registration statement to become effective within the timeframes specified in the Armistice Registration Rights Agreement; failure to do so will result in certain liquidated damages as set forth in the Armistice Registration Rights Agreement. Subject to certain exceptions, until 30 days after the effective date of the registration statement (the “Effective Date”), the Company will be prohibited from issuing, entering into any agreement to issue or announcing the issuance or proposed issuance of any shares of Class A common stock or securities convertible or exercisable into Class A common stock, or filing, amending or supplementing certain other registration statements. Until six months after the Effective Date, the Company will also be prohibited from effecting or entering into an agreement to effect any issuance involving a variable rate transaction.

NONCONTROLLING INTEREST

NONCONTROLLING INTEREST	9 Months Ended
	Sep. 30, 2022
Noncontrolling Interest [Abstract]
NONCONTROLLING INTEREST	NOTE 16 – NONCONTROLLING INTEREST The Company is the sole managing member of Stronghold LLC and as a result consolidates the financial results of Stronghold LLC and reports a noncontrolling interest representing the Common Units of Stronghold LLC held by Q Power. Changes in the Company’s ownership interest in Stronghold LLC while the Company retains its controlling interest in Stronghold LLC will be accounted for as redeemable common stock transactions. As such, future redemptions or direct exchanges of common units of Stronghold LLC by the continuing equity owners will result in a change in ownership and reduce or increase the amount recorded as noncontrolling interest. Refer to Note 15 – Redeemable Common Stock that describes the redemption rights of the noncontrolling interest. Class V Common Stock represents 56.1% ownership of Stronghold LLC, granting the owners of Q Power economic rights and, as a holder, one vote on all matters to be voted on by the Company's stockholders generally, and a redemption right into Class A shares. The following summarizes the redeemable common stock adjustments pertaining to the noncontrolling interest from April 1, 2021, through September 30, 2022: Temporary Equity Adjustments Balance - April 1, 2021 (1) $ (2,877,584) Net loss for the three months ended June 30, 2021 (2,235,219) Maximum redemption right valuation (2) 172,774,052 Balance - June 30, 2021 $ 167,661,249 Net loss for the three months ended September 30, 2021 (4,328,460) Adjustment of mezzanine equity to redemption amount (3) 79,669,600 Balance - September 30, 2021 $ 243,002,389 Net loss for the three months ended December 31, 2021 (8,594,196) Adjustment of temporary equity to redemption amount (4) 66,644,424 Balance - December 31, 2021 $ 301,052,617 Net loss for the three months ended March 31, 2022 (18,125,837) Adjustment of temporary equity to redemption amount (5) (110,222,560) Balance - March 31, 2022 $ 172,704,220 Net loss for the three months ended June 30, 2022 (22,576,255) Adjustment of temporary equity to redemption amount (6) (102,888,062) Balance - June 30, 2022 $ 47,239,903 Net loss for the three months ended September 30, 2022 (42,203,141) Adjustment of temporary equity to redemption amount (7) 24,396,766 Balance - September 30, 2022 $ 29,433,528 (1) As of the date of reorganization - refer to Note 1 – Business Combinations. (2) Based on 27,057,600 Class V Common stock outstanding at $6.39 issuance price as of April 1, 2021. (3) Based on 27,057,600 Class V Common stock outstanding at $9.33 fair valuation price as of September 30, 2021. (4) Based on 27,057,600 Class V Common stock outstanding at $11.99 fair valuation price as of December 31, 2021, using a 10-day variable weighted average price ("VWAP") of trading dates including the closing date. (5) Based on 27,057,600 Class V Common stock outstanding at $7.72 fair valuation price as of March 31, 2022, using a 10-day VWAP of trading dates including the closing date. (6) Based on 27,057,600 Class V Common stock outstanding at $1.75 fair valuation price as of June 30, 2022, using a 10-day VWAP of trading dates including the closing date. (7) Based on 27,057,600 Class V Common stock outstanding at $1.09 fair valuation price as of September 30, 2022, using a 10-day VWAP of trading dates including the closing date. Common Units The Company is the sole managing member of Stronghold LLC and as a result consolidates the financial results of Stronghold LLC and reports a noncontrolling interest representing the Common Units of Stronghold LLC held by Olympus Power, LLC plus a corresponding number of Class V vote-only shares of common stock in the Company. Olympus Power, LLC can exchange these Common Units along with corresponding shares of Class V common stock, on a one-for-one basis, for shares of Class A common stock. Because of the Class V voting rights, the Company has assessed the exchange right as a “Redemption Right” to cause Stronghold LLC to acquire all or a portion of its Stronghold LLC Units for, at Stronghold LLC’s election, one share of Stronghold Inc.’s Class A common stock at a redemption ratio of one share of Class A common stock for each Stronghold LLC Unit. Common Units represent 2.4% ownership of Stronghold LLC, where the original owners of Olympus Power, LLC have economic rights and, as a holder, one vote on all matters to be voted on by the Company's stockholders generally and a redemption right into Class A shares. Changes in the Company's ownership interest in Stronghold LLC while the Company retains its controlling interest in Stronghold LLC will be accounted for as permanent equity. As such, future redemptions or direct exchanges of common units of Stronghold LLC by the continuing equity owners will result in a change in ownership and reduce or increase the amount recorded as noncontrolling interest. The following summarizes the permanent equity adjustments pertaining to the noncontrolling interest from November 2, 2021 (date of issuance), through September 30, 2022: Permanent Equity Adjustments Balance - November 2, 2021 (1) $ 38,315,520 Net loss (645,359) Balance - December 31, 2021 $ 37,670,161 Net loss (771,800) Balance - March 31, 2022 $ 36,898,361 Net loss (961,300) Balance - June 30, 2022 $ 35,937,061 Net loss (1,797,014) Balance - September 30, 2022 $ 34,140,047 (1) As of November 2, 2021, the date of issuance. 1,152,000 Series A Preferred units outstanding at $33.26 per public trading share price (Nasdaq closing price).

EARNINGS (LOSS) PER SHARE

EARNINGS (LOSS) PER SHARE	9 Months Ended
	Sep. 30, 2022
Earnings Per Share [Abstract]
EARNINGS (LOSS) PER SHARE	NOTE 17 – EARNINGS (LOSS) PER SHARE Basic EPS of common stock is computed by dividing the Company’s net earnings (loss) by the weighted average number of shares of common stock outstanding during the period. Diluted EPS reflects the potential dilution that could occur if securities or other contracts to issue common stock were exercised or converted into common stock or resulted in the issuance of common stock that then shared in the earnings of the entity. The Company excludes the unvested RSUs awarded to its employees, officers, directors, and contractors under the LTIP from this net loss per share calculation because including them would be antidilutive. The following table sets forth reconciliations of the numerators and denominators used to compute basic earnings (loss) per share of Class A common stock for the three and nine months ended September 30, 2022. Three Months Ended September 30, Nine Months Ended 2022 2021 2022 2021 Numerator: Net loss $ (75,220,370) $ (6,280,029) $ (147,765,360) $ (9,761,994) Less: net loss attributable to noncontrolling interest $ (44,000,155) $ (4,328,460) $ (86,435,347) $ (6,730,940) Net loss attributable to Stronghold Digital Mining, Inc. $ (31,220,215) $ (1,951,569) $ (61,330,013) $ (3,031,054) Denominator: Weighted average number of Class A common shares outstanding 24,631,626 322,342 21,772,057 173,532 Basic net loss per share $ (1.27) $ (6.05) $ (2.82) $ (17.05) Diluted net loss per share $ (1.27) $ (6.05) $ (2.82) $ (17.05) Securities that could potentially dilute earnings (loss) per share in the future that were not included in the computation of diluted loss per share for the three and nine months ended September 30, 2022, because their inclusion would be antidilutive, are as follows: September 30, 2022 Series A preferred units not yet exchanged for Common A shares 1,152,000 Class V common shares not yet exchanged for Class A common shares 27,057,600 Total 28,209,600

RENEWABLE ENERGY CREDITS (RECs)

RENEWABLE ENERGY CREDITS (RECs)	9 Months Ended
	Sep. 30, 2022
Renewable Energy Credits [Abstract]
RENEWABLE ENERGY CREDITS	NOTE 18 – RENEWABLE ENERGY CREDITS (RECs) Starting late in 2021, and for the nine months ended September 30, 2022, the Company has significantly increased the use of coal refuse as the plant increased megawatt capacity. The plant was relatively dormant during the comparative periods ended September 30, 2021. As a result, the Company's usage of coal refuse, which is classified as a Tier II Alternative Energy Source under Pennsylvania law, significantly increased. DEBM acts as the benefactor, on behalf of the Company, in the open market and is invoiced as RECs are realized based on this open market measured by consumer demands. The Company records an offset to fuel costs when RECs are sold to third parties. RECs offset against the Company's fuel operating costs were $2,335,668 and $4,936,898 for the three and nine months ended September 30, 2022, respectively, and $956,366 and $1,746,352 for the three and nine months ended September 30, 2021, respectively.

ASPEN INTEREST (_OLYMPUS_) BUYO

ASPEN INTEREST (“OLYMPUS”) BUYOUT	9 Months Ended
	Sep. 30, 2022
Business Reorganization [Abstract]
ASPEN INTEREST (“OLYMPUS”) BUYOUT	NOTE 19 – ASPEN INTEREST (“OLYMPUS”) BUYOUT On April 1, 2021, the Company, using in part 576,000 shares of newly issued Series A Preferred Stock and in part proceeds from the Series A Private Placement, acquired the Aspen Interest. The total consideration was a combination of the newly issued Series A Preferred Stock valued at the issuance price of $8.68 per share or $5,000,000, plus an additional $2,000,000 in cash. A total of $7,000,000 is treated as a buyout of the Partners’ Deficits of the Limited Partner (i.e., Aspen Interest) as of April 1, 2021. The following table details the Partners’ Deficit of the Aspen Interest as of April 1, 2021: Limited Partners Balance - December 31, 2020 $ (1,336,784) Net loss - three months ended March 31, 2021 (71,687) Balance - April 1, 2021 $ (1,408,471)

SUPPLEMENTAL CASH AND NON-CASH

SUPPLEMENTAL CASH AND NON-CASH INFORMATION	9 Months Ended
	Sep. 30, 2022
Additional Cash Flow Elements and Supplemental Cash Flow Information [Abstract]
SUPPLEMENTAL CASH AND NON-CASH INFORMATION	NOTE 20 – SUPPLEMENTAL CASH AND NON-CASH INFORMATION Supplementary cash flows disclosures as of September 30, 2022, and 2021: September 30, 2022 September 30, 2021 Acquisition of PP&E included in accrued liabilities $ 4,197,350 $ — Reclassifications from deposits to PP&E $ 54,207,076 $ — Equipment financed with debt $ 60,256,322 $ 63,389,457 McClymonds arbitration award – paid by Q Power $ 5,038,122 $ — Interest paid on equipment financings $ 2,536,789 $ 2,594,751 Supplementary non-cash financing activities as of September 30, 2022, and 2021: September 30, 2022 September 30, 2021 Issued as part of equipment debt financing: Warrants - WhiteHawk $ 1,150,000 $ 1,999,396 Common Class A shares - NYDIG — 1,389,888 Warrants issued as part of stock registrations - B. Riley Warrants — 780,472 Series A redeemable and convertible preferred stock units - Aspen Interest buyout — 5,000,000 Warrants issued as part of convertible note 6,604,881 — Premium financing 523,076 — Total $ 8,277,957 $ 9,169,756

TAX RECEIVABLE AGREEMENT

TAX RECEIVABLE AGREEMENT	9 Months Ended
	Sep. 30, 2022
Income Tax Disclosure [Abstract]
TAX RECEIVABLE AGREEMENT	NOTE 21 – TAX RECEIVABLE AGREEMENT The Company entered into a Tax Receivable Agreement (“TRA”) with Q Power and an agent named by Q Power on April 1, 2021, pursuant to which the Company will pay the TRA participants 85% of the realized (or, in certain circumstances, deemed realized) cash tax savings attributable to the tax basis step-ups arising from taxable exchanges of units and certain other items.

PROVISIONS FOR INCOME TAXES

PROVISIONS FOR INCOME TAXES	9 Months Ended
	Sep. 30, 2022
Income Tax Disclosure [Abstract]
PROVISIONS FOR INCOME TAXES	NOTE 22 – PROVISIONS FOR INCOME TAXES The provision for income taxes for the three and nine months ended September 30, 2022, was zero, resulting in an effective income tax rate of zero. The provisions for income taxes for the year ended December 31, 2021, and nine months ended September 30, 2021, were also zero, resulting in effective income tax rates of zero. The difference between the statutory income tax rate of 21% and the Company’s effective tax rate for the three and nine months ended September 30, 2022, is primarily due to pre-tax losses attributable to the noncontrolling interest and due to maintaining a valuation allowance against the Company’s deferred tax assets. The difference between the statutory income tax rate of 21% and the Company’s effective tax rate for the year ended December 31, 2021, and the nine months ended September 30, 2021, was primarily due to pre-tax losses attributable to the noncontrolling interest and the period prior to the Reorganization (i.e., prior to the incorporation of Stronghold Inc.), and due to maintaining a valuation allowance against the Company’s deferred tax assets. Prior to the Reorganization, Scrubgrass and Stronghold Power were pass-through or disregarded entities for income tax purposes such that any taxable income or loss was included in the income tax returns of their owners. Accordingly, no income tax provision was recorded in the Company’s financial statements for the three months ended March 31, 2021. The determination to record a valuation allowance was based on management’s assessment of all available evidence, both positive and negative, supporting realizability of the Company’s net operating losses and other deferred tax assets, as required by applicable accounting standards (ASC 740). In light of the criteria under ASC 740 for recognizing the tax benefit of deferred tax assets, the Company maintained a valuation allowance against its federal and state deferred tax assets as of September 30, 2022, and December 31, 2021. The CHIPS and Science Act of 2022 (“CHIPS” Act) enacted on August 9, 2022, and the Inflation Reduction Act of 2022 (“IRA”) enacted on August 16, 2022, included several provisions applicable to U.S. income taxes for corporations, generally effective beginning in 2023. The Company considered the impact of this federal legislation in the period of enactment and concluded there was not a material impact to the Company’s current or deferred income tax balances. In addition, Pennsylvania H.B. 1342 was signed into law on July 8, 2022, including a reduction to the state’s corporate income tax rate from 9.99% to 4.99% phased in over 2023-2031. The effect of the change in state income tax rates on the Company’s deferred tax balances, including net operating losses, was considered in the period of enactment but was not material given the valuation allowance against the Company’s deferred tax assets.

PREPAID INSURANCE

PREPAID INSURANCE	9 Months Ended
	Sep. 30, 2022
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
PREPAID INSURANCE	NOTE 23 – PREPAID INSURANCE As of September 30, 2022, and December 31, 2021, the Company had an unamortized prepaid insurance balance of $980,180 and $6,301,701, respectively. The September 30, 2022, unamortized balance consists of $944,984 to cover directors and officers, including corporate reimbursement (the "D&O Policy"), and various commercial property and risk coverages totaling $35,196. The D&O Policy was a financed premium (refer to Note 29 – Premium Financing Agreement) in the amount of $6,890,509 less a $1,378,102 down payment. The term of the policy was 12 months and expired on October 19, 2022. The monthly amortization to insurance expense was $574,209 per month. Effective October 20, 2022, the D&O Policy was renewed for an additional 12 months. Refer to Note 29 – Premium Financing Agreement for disclosure of the annual premiums and financing details. The commercial property and risk coverages vary in policy term expirations and are renewable on an annual basis.

ACCRUED LIABILITIES

ACCRUED LIABILITIES	9 Months Ended
	Sep. 30, 2022
Payables and Accruals [Abstract]
ACCRUED LIABILITIES	NOTE 24 – ACCRUED LIABILITIES Other accrued liabilities consist of the following: September 30, 2022 December 31, 2021 Legal and professional fees $ 612,816 $ 1,457,727 Payroll and taxes — 73,819 Shipping and handling 229,680 230,779 Interest expense 865,492 79,267 Sales and use taxes 4,756,605 2,609,664 Upcharge penalties reserve 420,126 420,126 Rent 131,598 — Accrued miscellaneous expenses 130,941 182,575 Fuel and purchased power 238,000 — Total $ 7,385,258 $ 5,053,957

ACQUISITION

ACQUISITION	9 Months Ended
	Sep. 30, 2022
Business Combination and Asset Acquisition [Abstract]
ACQUISITION	NOTE 25 – ACQUISITION On July 9, 2021, the Company entered into a purchase agreement, as contemplated by the letter of intent with Olympus, with Panther Creek Reclamation Holdings, LLC ("Panther Creek Reclamation"), a subsidiary of Olympus (the "Panther Creek Acquisition"). Pursuant to the Panther Creek Acquisition, the Company acquired all of the assets of Panther Creek, comprising primarily the Panther Creek Plant. Stronghold Inc. completed the Panther Creek Acquisition on November 2, 2021. The consideration for the Panther Creek Plant was approximately $3.0 million in cash ($2.192 million after deducting 50% of land closing costs agreed to be split with the seller) subject to certain closing adjustments, and 1,152,000 Stronghold LLC Units, together with a corresponding number of shares of Class V common stock. Pursuant to the Redemption Right (as defined herein), each Stronghold LLC Unit, combined with a corresponding share of Class V common stock, may be redeemed for one share of Class A common stock (or cash, in certain instances). Furthermore, on November 5, 2021, the Company entered into a Registration Rights Agreement with Panther Creek Reclamation, whereby the Company agreed to register the 1,152,000 shares of Class A common stock that may be received upon a redemption by Panther Creek. Refer to Note 16 – Noncontrolling Interest for further details. The transaction was analyzed in accordance with ASC 805, Business Combinations , to first determine whether the acquired assets constitute a business. This requires a screen test that makes a determination that when substantially all of the fair value of the gross assets acquired (or disposed of) is concentrated in a single identifiable asset or group of similar identifiable assets, the set is not a business. If the assets acquired are not a business, then the reporting entity should record the transaction as an asset acquisition in accordance with ASC 805-50 (using the cost accumulation model, rather than the fair value model that applies to business combinations). The following steps were performed to determine whether substantially all of the fair value of the gross assets acquired were concentrated in a single identifiable asset or group of similar identifiable assets. Step 1. Combine the identifiable assets into a single identifiable asset: The Company concluded that none of the assets qualified for combination into a single identifiable asset per ASC 805-10-55-5B. Step 2. Combine the assets into similar assets: The Company concluded that none of the assets qualified for combination as similar assets under ASC 805-10-55-5C. Step 3. Measure the fair value of the gross assets acquired: The Company concluded that the gross assets acquired included any consideration transferred in excess of the fair value of the net identifiable assets acquired (i.e., goodwill in a business combination), but it did not include goodwill that results from the effects of deferred tax liabilities, cash and cash equivalents, deferred taxes, or liabilities. Step 4. Determine whether substantially all of the fair value of the gross assets acquired is concentrated in a single identifiable asset or group of similar identifiable assets: The Company compared the fair value of the single identifiable asset (or group of similar assets) to the fair value of the gross assets acquired. Based on the above analysis, substantially all of the fair value of the gross assets acquired were concentrated in a single identifiable asset or group of similar identifiable assets. As a result, the transaction met the screen as outlined in paragraphs 805-10-55-5A through 55-5C and was treated as asset acquisition. As discussed above in the screen test section of this overall analysis, the Panther Creek Acquisition by the Company did not meet the definition of a business combination. The following represented the fair value of the identifiable assets and liabilities as of the acquisition date of November 2, 2021: The purchase price allocation was as follows (in thousands): Cash and cash equivalents $ 491 Accounts receivable - trade 831 Prepaids and other current assets 429 Materials and supplies 1,559 Land and Rights of Way 1,727 Property, plant and equipment 43,782 Accounts payable (2,943) Accrued expenses (298) Due to related parties (73) Total identifiable assets and liabilities 45,505 Total purchase consideration (1) $ 45,505 (1) The $45.5 million purchase price consideration consisted of $38.316 million fair value of 1,152,000 Series A Redeemable Preferred Units (registered for public sale), $2.192 million in cash (net of a purchase of plant site 50% share or $808 thousand), $501 thousand in asset retirement obligations, $218 thousand in assumed notes payable, $613 thousand in purchase related legal and professional fees, and $3.665 million related to the settlement of various existing relationship payables (partially offset by receivables).

VARIABLE PREPAID FORWARD SALES

VARIABLE PREPAID FORWARD SALES CONTRACT DERIVATIVE	9 Months Ended
	Sep. 30, 2022
Derivative Instruments and Hedging Activities Disclosure [Abstract]
VARIABLE PREPAID FORWARD SALES CONTRACT DERIVATIVE	NOTE 26 – VARIABLE PREPAID FORWARD SALES CONTRACT DERIVATIVE On December 15, 2021, the Company entered into a Forward Sale with NYDIG Trading providing for the sale of the Sold Bitcoin at a floor price of $28,000 per Bitcoin. Pursuant to the Forward Sale, NYDIG Trading paid the Company the Initial Sale Price on December 16, 2021, times the 250 Bitcoin provided for sale. On September 24, 2022, the Forward Sale was settled and the Sold Bitcoin was sold to NYDIG Trading at a price equal to the market price for Bitcoin on September 23, 2022, less the Initial Sale Price of $7.0 million, subject to a capped final sale price of $85,500 per Bitcoin. On March 16, 2022, the Company executed additional option transactions. The net effect of those transactions was to adjust the capped final sale price to $50,000 from $85,500 per Bitcoin, resulting in approximately $1.0 million of proceeds to the Company. As a result of the embedded price floor and cap mechanisms, this transaction was considered a compound derivative instrument which is required to be presented at fair value and is subject to remeasurement each reporting period. The Company has not formally designated this instrument as a hedge, and as such, the change in fair value is recorded in earnings as "Changes in fair value of forward sale derivative". To determine the fair value of the compound derivative instrument, the Company used a Black-Scholes option pricing model to assess the combined net value of the embedded call feature and the embedded put feature.

INITIAL PUBLIC OFFERING

INITIAL PUBLIC OFFERING	9 Months Ended
	Sep. 30, 2022
Equity [Abstract]
INITIAL PUBLIC OFFERING	NOTE 27 – INITIAL PUBLIC OFFERING On October 19, 2021, by unanimous written consent, the Board and a newly formed Pricing Committee approved the issuance and sale by the Company of its Class A common stock, par value $.0001 per share, in an initial public offering (the "IPO") to be underwritten by a group of underwriters to be named in the underwriting agreement dated October 19, 2021, by and among the Company and B. Riley Securities, Inc. and Cowen and Company, LLC, as representatives of the other underwriters named therein (the "Underwriting Agreement"). The Board unanimously approved the issuance and sale by the Company in the IPO of up to 7,690,400 shares of Class A common stock (which includes 6,687,305 firm shares and up to 1,003,095 shares of Class A common Stock that may be issued and sold to cover over allotments, if any) through the underwriters, for a price to the public per share of $19.00, less underwriting discounts and commissions of $1.33 per share, as more fully set forth in the Underwriting Agreement. Total net proceeds raised, after deducting underwriting discounts and commissions and estimated offering expenses, were $131.5 million.

HOSTING SERVICES AGREEMENT

HOSTING SERVICES AGREEMENT	9 Months Ended
	Sep. 30, 2022
Commitments and Contingencies Disclosure [Abstract]
HOSTING SERVICES AGREEMENT	NOTE 28 – HOSTING SERVICES AGREEMENT On August 17, 2021, Stronghold LLC entered into a Hosting Services Agreement with Northern Data PA, LLC ("Northern Data") whereby Northern Data agreed to construct and operate a colocation data center facility located on the Scrubgrass Plant (as defined below) (the "Hosting Agreement"), the primary business purpose of which was to provide hosting services and support cryptocurrency miners. In October 2021, the final deposit owed to Northern Data was paid, and Northern Data began to deliver the 9,900 miners committed in the Hardware and Purchase Agreement dated April 14, 2021. On March 28, 2022, we restructured the Hosting Agreement to obtain an additional 2,675 miners at cost of $37.5 per terahash (to be paid five months after delivery) and temporarily reduced the profit share for Northern Data while incorporating performance thresholds until the data center build-out was complete. In addition, the Company has executed additional hardware agreements with Northern Data as described in Note 8 – Contingencies and Commitments - "Supplier Purchase Agreements". On August 10, 2022, the Company and Northern Data terminated the provision of the restructured Hosting Agreement related to the additional 2,675 miners. As a result, the Company neither made payment for such additional miners nor obtained title to such additional miners. The Company determined the arrangement with Northern Data met the definition of a lease under Topic 842 and also determined the proper accounting for this lease. Based on our analysis and the quoted guidance, we have recorded lease expense related to the variable payments for Northern Data's profit share as Bitcoins are mined each period. Once operational, after deducting an amount equal to $0.027 per kilowatt-hour for the actual power used, 65% of all cryptocurrency revenue generated by the miners in Northern Data's pods were payable to the Company and 35% of all cryptocurrency revenue generated by the miners were payable to Northern Data or its designee and recorded as lease expense. On September 30, 2022, the Company entered into a settlement agreement with Northern Data (the "Settlement Agreement") whereby the Hosting Agreement was mutually terminated. Pursuant to the Settlement Agreement, for a term of two years until October 1, 2024, the Company has the right to lease from Northern Data for its exclusive use, access, and operation of (i) 24 Northern Data manufactured pods capable of supporting approximately 550 Bitcoin miners each for an aggregate amount of approximately 13,200 available slots and (ii) four Strongboxes that the Company previously sold to Northern Data capable of supporting approximately 264 Bitcoin miners each for an aggregate of approximately 1,056 mining slots for $1,000 annually. Following the Settlement Agreement, no future revenue share will be applicable for miners in the Northern Data pods or Strongboxes, and the Company will receive 100% of the profits generated by Bitcoin miners in the Northern Data pods and Strongboxes. At the end of the two-year term of the Settlement Agreement, the Company has the option, but not the obligation, to purchase the Northern Data pods and Strongboxes for an amount between $2 million and $6 million based on the prevailing hash price at the time, net of a maximum of $1.5 million of expenditures that the Company has the option to use to upgrade the Northern Data pods throughout the two-year term. Pursuant to the Settlement Agreement, the Company will pay Northern Data an aggregate amount of $4.5 million as follows: (i) $2.5 million to Northern Data not later than October 3, 2022, which amount was paid to Northern Data in full on October, 3, 2022; (ii) $1.0 million to Northern Data not later than October 31, 2022, which amount was paid to Northern Data in full on October 31, 2022; and (iii) $1.0 million to Northern Data not later than November 30, 2022, and included in accounts payable on the condensed consolidated balance sheet as of September 30, 2022. The Company recorded the settlement costs of $4.5 million in September 2022, partially offset by the elimination of approximately $2.6 million

PREMIUM FINANCING AGREEMENT

PREMIUM FINANCING AGREEMENT	9 Months Ended
	Sep. 30, 2022
Debt Disclosure [Abstract]
LONG-TERM DEBT	NOTE 6 – LONG-TERM DEBT Long-term debt consists of the following as of September 30, 2022, and December 31, 2021: September 30, 2022 December 31, 2021 $66,076 loan, with interest at 5.55%, due July 2021. $ — $ 3,054 $75,000 loan, with interest at 12.67%, due April 2021. — 7,312 $499,520 loan, with interest at 2.49%, due December 2023. 150,089 232,337 $499,895 loan, with interest at 2.95%, due July 2023. 153,985 246,720 $212,675 loan, with interest at 6.75%, due October 2022. — 103,857 $517,465 loan, with interest at 4.78%, due October 2024. 381,452 490,600 $431,825 loan, with interest at 7.60%, due April 2024. 142,898 204,833 $565,500 loan, with interest at 4.48%, due January 2027. 495,897 — $523,076 financing agreement for insurance, with interest at 5.99%, due March 2023. 307,385 — $6,900,000 financing agreement for insurance, with interest at 3.45%, due July 2022. — 4,299,721 $40,000,000 loan, with interest at 10.00%, due June 2023. 17,639,433 [A] 30,734,045 $33,750,000 loan, with interest at 10.00%, due May 2024. 20,194,118 [B] — $10,641,362 loan, with interest at 10.00%, due June 2023. — [C] 8,176,302 $14,077,800 loan, with interest at 10.00%, due June 2023. — [D] 10,816,694 $5,808,816 loan, with interest at 10.00%, due April 2023. 3,571,674 [E] — $6,814,000 loan, with interest at 10.00%, due October 2023. 4,986,747 [F] — $17,984,000 maximum advance loan, with interest at 9.99%, due December 2023. Balance is what has been advanced as of September 30, 2022. — [G] 10,790,400 $17,984,000 maximum advance loan, with interest at 9.99%, due December 2023. Balance is what has been advanced as of September 30, 2022. 17,052,794 [H] 7,769,088 $17,984,000 maximum advance loan, with interest at 9.99%, due December 2023. Balance is what has been advanced as of September 30, 2022. 14,387,200 [I] — $33,750,000 Convertible Note, with interest at 10.00%, due May 2024. 22,437,500 [J] — $92,381 loan, with interest at 1.49%, due April 2026. 84,891 — $64,136 loan, with interest at 11.85%, due May 2024. 42,986 $196,909 loan, with interest at 6.49%, due May 2024. 196,909 — 102,225,958 73,874,963 Less current portions, deferred debt issuance costs and discounts: Outstanding loan 90,605,752 50,099,372 Deferred debt issuance costs 2,269,467 2,854,787 Discounts from issuance of stock — 1,042,416 Discounts from issuance of warrants 1,743,499 1,499,547 $ 7,607,240 $ 18,378,841 [A] The WhiteHawk Promissory Note has a term of 24 months. Refer to Note 14 – Stock Issued Under Master Financing Agreements and Warrants for further discussion. On December 31, 2021, the Company amended the WhiteHawk Financing Agreement (as defined below) (the “WhiteHawk Amendment”) to extend the final MinerVa delivery date from December 31, 2021, to April 30, 2022. Pursuant to the WhiteHawk Amendment, Equipment LLC paid an amendment fee in the amount of $250,000 to WhiteHawk Finance LLC ("WhiteHawk"). These fees are included in deferred debt issuance costs. Refer to Note 33 – Subsequent Events for disclosure of the WhiteHawk Credit Agreement (as defined below) which closed on October 27, 2022, as a result of which the WhiteHawk equipment financing was refinanced. [B] WhiteHawk Promissory Note agreement with a term of 24 months. Refer to Note 14 – Stock Issued Under Master Financing Agreements and Warrants for further discussion. Pursuant to the Second WhiteHawk Amendment, Equipment LLC paid an amendment fee in the amount of $275,414 and a closing fee of $500,000 to WhiteHawk. These fees are included in deferred debt issuance costs. Refer to Note 33 – Subsequent Events for disclosure of the WhiteHawk Credit Agreement which closed on October 27, 2022, as a result of which the above WhiteHawk equipment financing was refinanced. [C] Arctos/NYDIG Financing Agreement (as defined below) [loan #1] with a term of 24 months. This debt tranche was extinguished as of September 30, 2022, as outlined below. [D] Arctos/NYDIG Financing Agreement [loan #2] with a term of 24 months. This debt tranche was extinguished as of September 30, 2022, as outlined below. [E] Arctos/NYDIG Financing Agreement [loan #3] with a term of 15 months. Deferred debt issuance costs of $232,353 are amortized over the term of the loan using the straight-line method. [F] Arctos/NYDIG Financing Agreement [loan #4] with a term of 21 months. Deferred debt issuance costs of $272,560 are amortized over the term of the loan using the straight-line method. [G] Second NYDIG Financing Agreement (as defined below) with a term of 24 months. This debt tranche was extinguished as of September 30, 2022, as outlined below. [H] Second NYDIG Financing Agreement with a term of 24 months. Deferred debt issuance costs of $449,600 are amortized over the term of the loan using the straight-line method. [I] Second NYDIG Financing Agreement with a term of 24 months. Deferred debt issuance costs of $449,600 are amortized over the term of the loan using the straight-line method. [J] Convertible Note with a term of 24 months. Refer to Note 32 – Private Placements for further discussion. On August 16, 2022, the Company, Stronghold LLC, SDM and Stronghold Digital Mining BT , LLC, a Delaware limited liability company (“Digital Mining BT" and, together with SDM, the “APA Sellers” and, together with the Company and Stronghold LLC, the “APA Seller Parties”), entered into an Asset Purchase Agreement (the “Asset Purchase Agreement”) with NYDIG, formerly known as Arctos Credit, LLC, and The Provident Bank, a Massachusetts savings bank (“BankProv” and, together with NYDIG, “Purchasers” and each, a “Purchaser”). Pursuant to the master equipment financing agreement entered into between SDM and Arctos Credit, LLC (“Arctos” now known as “NYDIG”) on June 25, 2021 (the “Arctos/NYDIG Financing Agreement”) and the master equipment financing agreement entered into between Digital Mining BT and NYDIG on December 15, 2021 (the “Second NYDIG Financing Agreement” and together with the Arctos/NYDIG Financing Agreement, the “NYDIG Financing Agreements”), certain miners were pledged as collateral under such agreements (and together with certain related agreements to purchase miners, the “APA Collateral”). Under the Asset Purchase Agreement, the APA Seller Parties agreed to sell, and the Purchasers (or their respective designee) agreed to purchase, the APA Collateral in a private disposition in exchange for the forgiveness, reduction and release of all principal, interest and fees owing under each of the NYDIG Agreements (collectively, the “NYDIG Debt”). The Sellers agreed to clean, service, package, ship, and deliver the APA Collateral and to bear the costs associated with such activities. Following (i) delivery of the APA Collateral to the Purchasers or their designees pursuant to a master bill of sale and (ii) a subsequent inspection period of up to 14 days (which may be extended up to seven As a result of this transaction, the Company incurred a loss of $19,475,514 in the third quarter of 2022, comprising a loss on debt extinguishment of $15,316,510 and an impairment on assets held for sale of $4,159,004. As of September 30, 2022, three of the seven tranches of the NYDIG Debt were extinguished in conjunction with the sale of the associated miners and was recorded as a loss on debt extinguishment on the condensed consolidated statements of operations. The remaining four tranches of the NYDIG Debt, totaling $39,998,415 (excluding deferred debt issuance costs and discounts), were classified as current debt as of September 30, 2022, and an impairment on assets held for sale was recognized on the condensed consolidated statements of operations. The miners associated with the remaining four tranches of the NYDIG Debt were classified as assets held for sale as of September 30, 2022, on the condensed consolidated balance sheet. Subsequent to quarter end, three more tranches were extinguished on October 13, 2022, and the final tranche was extinguished on October 26, 2022. Future scheduled maturities on the outstanding borrowings as of September 30, 2022, are as follows: Years ending December 31: 2022 remaining (1) $ 56,750,896 2023 40,484,040 2024 4,627,755 2025 222,234 2026 130,562 2027 10,471 $ 102,225,958 (1) 2022 includes the remaining four tranches of the NYDIG Debt, totaling $39,998,415, which were extinguished subsequent to quarter end. NOTE 10 – PAYCHECK PROTECTION PROGRAM AND ECONOMIC INJURY DISASTER LOANS On March 16, 2021, the Company received a second round Paycheck Protection Program ("PPP") loan in the amount of $841,670 that accrues interest of 1% per year and matures on the fifth anniversary of the date of the note. In January 2021, the Company was granted relief as forgiveness for the first round PPP loan in the amount of $638,800. On June 8, 2021, the Company repaid the Economic Injury Disaster Loan (“EIDL”) received on March 31, 2020, in the amount of $150,000. On May 25, 2022, the Company was granted relief as forgiveness for the second round PPP loan in the amount of $841,670. NOTE 29 – PREMIUM FINANCING AGREEMENT Effective October 21, 2021, the Company entered into a director and officer insurance policy with annual premiums totaling $6,900,000. The Company executed a Commercial Premium Finance Agreement with AFCO Premium Credit LLC over a term of nine months, with an annual interest rate of 3.454%, that financed the payment of the total premiums owed. The agreement required a $1,400,000 down payment, with the remaining $5,500,000 plus interest to be paid over nine months. Monthly payments of $621,300 started November 21, 2021, and ended July 21, 2022. As of September 30, 2022, the premiums were paid in full. The term of the director and officer insurance policy expired on October 19, 2022. Effective October 20, 2022, the director and officer insurance policy was renewed for an additional 12 months with annual premiums totaling $5,484,449. On November 8, 2022, the Company executed a Commercial Premium Finance Agreement with AFCO Premium Credit LLC over a term of nine months, with an annual interest rate of 9.460%, that financed the payment of the total premiums owed. The agreement requires a $750,000 down payment, with the remaining $4,734,449 plus interest to be paid over nine months. Monthly payments of $552,849 will begin on January 1, 2023. Effective April 29, 2022, the Company entered into a commercial property insurance policy with annual premiums totaling $523,076. The Company has executed a Commercial Premium Finance Agreement with AFCO Premium Credit LLC, over a term of eleven months, with an annual interest rate of 5.99%, that finances the payment of the total premiums owed. The agreement required a $44,793 down payment, with the remaining $478,283 plus interest paid over eleven months. Monthly payments of $44,793 started May 29, 2022, and end March 29, 2023. As of September 30, 2022, the unpaid balance is $307,385. NOTE 30 – COVENANTS On December 31, 2021, Equipment LLC and WhiteHawk entered into the WhiteHawk Amendment to extend the Final MinerVa Delivery Date (as defined therein) from December 31, 2021, to April 30, 2022. Pursuant to the WhiteHawk Amendment, Equipment LLC paid an amendment fee in the amount of $250,000 to WhiteHawk. Pursuant to the WhiteHawk Amendment's covenants, WhiteHawk can accelerate payment of the loan if the revised final MinerVa delivery date is not achieved. On March 28, 2022, Equipment LLC and WhiteHawk entered into the Second WhiteHawk Amendment to remove all MinerVa miners from the collateral package in exchange for other miners and to increase the Total Advance by an additional $25 million. On October 27, 2022, the Company entered into the Credit Agreement with WhiteHawk to refinance the equipment financing agreement, effectively terminating the WhiteHawk Financing Agreement. Refer to Note 8 – Commitments and Contingencies for additional details regarding the WhiteHawk Refinancing Agreement. The WhiteHawk Refinancing Agreement contains a covenant requiring the Borrower and its subsidiaries to maintain a minimum (x) of $7.5 million of liquidity at all times, (y) a minimum liquidity of $10 million of average daily liquidity for each calendar month (rising to $20 million beginning July 1, 2023) and (z) a maximum total leverage ratio covenant of (i) 7.5:1.0 for the quarter ending December 31, 2022, (ii) 5.0:1.0 for the quarter ending March 31, 2023, (iii) 4.0:1.0 for the quarter ending June 30, 2023, and (iv) 4.0:1.0 for each quarter ending thereafter.

COVENANTS

COVENANTS	9 Months Ended
	Sep. 30, 2022
Debt Disclosure [Abstract]
COVENANTS	NOTE 6 – LONG-TERM DEBT Long-term debt consists of the following as of September 30, 2022, and December 31, 2021: September 30, 2022 December 31, 2021 $66,076 loan, with interest at 5.55%, due July 2021. $ — $ 3,054 $75,000 loan, with interest at 12.67%, due April 2021. — 7,312 $499,520 loan, with interest at 2.49%, due December 2023. 150,089 232,337 $499,895 loan, with interest at 2.95%, due July 2023. 153,985 246,720 $212,675 loan, with interest at 6.75%, due October 2022. — 103,857 $517,465 loan, with interest at 4.78%, due October 2024. 381,452 490,600 $431,825 loan, with interest at 7.60%, due April 2024. 142,898 204,833 $565,500 loan, with interest at 4.48%, due January 2027. 495,897 — $523,076 financing agreement for insurance, with interest at 5.99%, due March 2023. 307,385 — $6,900,000 financing agreement for insurance, with interest at 3.45%, due July 2022. — 4,299,721 $40,000,000 loan, with interest at 10.00%, due June 2023. 17,639,433 [A] 30,734,045 $33,750,000 loan, with interest at 10.00%, due May 2024. 20,194,118 [B] — $10,641,362 loan, with interest at 10.00%, due June 2023. — [C] 8,176,302 $14,077,800 loan, with interest at 10.00%, due June 2023. — [D] 10,816,694 $5,808,816 loan, with interest at 10.00%, due April 2023. 3,571,674 [E] — $6,814,000 loan, with interest at 10.00%, due October 2023. 4,986,747 [F] — $17,984,000 maximum advance loan, with interest at 9.99%, due December 2023. Balance is what has been advanced as of September 30, 2022. — [G] 10,790,400 $17,984,000 maximum advance loan, with interest at 9.99%, due December 2023. Balance is what has been advanced as of September 30, 2022. 17,052,794 [H] 7,769,088 $17,984,000 maximum advance loan, with interest at 9.99%, due December 2023. Balance is what has been advanced as of September 30, 2022. 14,387,200 [I] — $33,750,000 Convertible Note, with interest at 10.00%, due May 2024. 22,437,500 [J] — $92,381 loan, with interest at 1.49%, due April 2026. 84,891 — $64,136 loan, with interest at 11.85%, due May 2024. 42,986 $196,909 loan, with interest at 6.49%, due May 2024. 196,909 — 102,225,958 73,874,963 Less current portions, deferred debt issuance costs and discounts: Outstanding loan 90,605,752 50,099,372 Deferred debt issuance costs 2,269,467 2,854,787 Discounts from issuance of stock — 1,042,416 Discounts from issuance of warrants 1,743,499 1,499,547 $ 7,607,240 $ 18,378,841 [A] The WhiteHawk Promissory Note has a term of 24 months. Refer to Note 14 – Stock Issued Under Master Financing Agreements and Warrants for further discussion. On December 31, 2021, the Company amended the WhiteHawk Financing Agreement (as defined below) (the “WhiteHawk Amendment”) to extend the final MinerVa delivery date from December 31, 2021, to April 30, 2022. Pursuant to the WhiteHawk Amendment, Equipment LLC paid an amendment fee in the amount of $250,000 to WhiteHawk Finance LLC ("WhiteHawk"). These fees are included in deferred debt issuance costs. Refer to Note 33 – Subsequent Events for disclosure of the WhiteHawk Credit Agreement (as defined below) which closed on October 27, 2022, as a result of which the WhiteHawk equipment financing was refinanced. [B] WhiteHawk Promissory Note agreement with a term of 24 months. Refer to Note 14 – Stock Issued Under Master Financing Agreements and Warrants for further discussion. Pursuant to the Second WhiteHawk Amendment, Equipment LLC paid an amendment fee in the amount of $275,414 and a closing fee of $500,000 to WhiteHawk. These fees are included in deferred debt issuance costs. Refer to Note 33 – Subsequent Events for disclosure of the WhiteHawk Credit Agreement which closed on October 27, 2022, as a result of which the above WhiteHawk equipment financing was refinanced. [C] Arctos/NYDIG Financing Agreement (as defined below) [loan #1] with a term of 24 months. This debt tranche was extinguished as of September 30, 2022, as outlined below. [D] Arctos/NYDIG Financing Agreement [loan #2] with a term of 24 months. This debt tranche was extinguished as of September 30, 2022, as outlined below. [E] Arctos/NYDIG Financing Agreement [loan #3] with a term of 15 months. Deferred debt issuance costs of $232,353 are amortized over the term of the loan using the straight-line method. [F] Arctos/NYDIG Financing Agreement [loan #4] with a term of 21 months. Deferred debt issuance costs of $272,560 are amortized over the term of the loan using the straight-line method. [G] Second NYDIG Financing Agreement (as defined below) with a term of 24 months. This debt tranche was extinguished as of September 30, 2022, as outlined below. [H] Second NYDIG Financing Agreement with a term of 24 months. Deferred debt issuance costs of $449,600 are amortized over the term of the loan using the straight-line method. [I] Second NYDIG Financing Agreement with a term of 24 months. Deferred debt issuance costs of $449,600 are amortized over the term of the loan using the straight-line method. [J] Convertible Note with a term of 24 months. Refer to Note 32 – Private Placements for further discussion. On August 16, 2022, the Company, Stronghold LLC, SDM and Stronghold Digital Mining BT , LLC, a Delaware limited liability company (“Digital Mining BT" and, together with SDM, the “APA Sellers” and, together with the Company and Stronghold LLC, the “APA Seller Parties”), entered into an Asset Purchase Agreement (the “Asset Purchase Agreement”) with NYDIG, formerly known as Arctos Credit, LLC, and The Provident Bank, a Massachusetts savings bank (“BankProv” and, together with NYDIG, “Purchasers” and each, a “Purchaser”). Pursuant to the master equipment financing agreement entered into between SDM and Arctos Credit, LLC (“Arctos” now known as “NYDIG”) on June 25, 2021 (the “Arctos/NYDIG Financing Agreement”) and the master equipment financing agreement entered into between Digital Mining BT and NYDIG on December 15, 2021 (the “Second NYDIG Financing Agreement” and together with the Arctos/NYDIG Financing Agreement, the “NYDIG Financing Agreements”), certain miners were pledged as collateral under such agreements (and together with certain related agreements to purchase miners, the “APA Collateral”). Under the Asset Purchase Agreement, the APA Seller Parties agreed to sell, and the Purchasers (or their respective designee) agreed to purchase, the APA Collateral in a private disposition in exchange for the forgiveness, reduction and release of all principal, interest and fees owing under each of the NYDIG Agreements (collectively, the “NYDIG Debt”). The Sellers agreed to clean, service, package, ship, and deliver the APA Collateral and to bear the costs associated with such activities. Following (i) delivery of the APA Collateral to the Purchasers or their designees pursuant to a master bill of sale and (ii) a subsequent inspection period of up to 14 days (which may be extended up to seven As a result of this transaction, the Company incurred a loss of $19,475,514 in the third quarter of 2022, comprising a loss on debt extinguishment of $15,316,510 and an impairment on assets held for sale of $4,159,004. As of September 30, 2022, three of the seven tranches of the NYDIG Debt were extinguished in conjunction with the sale of the associated miners and was recorded as a loss on debt extinguishment on the condensed consolidated statements of operations. The remaining four tranches of the NYDIG Debt, totaling $39,998,415 (excluding deferred debt issuance costs and discounts), were classified as current debt as of September 30, 2022, and an impairment on assets held for sale was recognized on the condensed consolidated statements of operations. The miners associated with the remaining four tranches of the NYDIG Debt were classified as assets held for sale as of September 30, 2022, on the condensed consolidated balance sheet. Subsequent to quarter end, three more tranches were extinguished on October 13, 2022, and the final tranche was extinguished on October 26, 2022. Future scheduled maturities on the outstanding borrowings as of September 30, 2022, are as follows: Years ending December 31: 2022 remaining (1) $ 56,750,896 2023 40,484,040 2024 4,627,755 2025 222,234 2026 130,562 2027 10,471 $ 102,225,958 (1) 2022 includes the remaining four tranches of the NYDIG Debt, totaling $39,998,415, which were extinguished subsequent to quarter end. NOTE 10 – PAYCHECK PROTECTION PROGRAM AND ECONOMIC INJURY DISASTER LOANS On March 16, 2021, the Company received a second round Paycheck Protection Program ("PPP") loan in the amount of $841,670 that accrues interest of 1% per year and matures on the fifth anniversary of the date of the note. In January 2021, the Company was granted relief as forgiveness for the first round PPP loan in the amount of $638,800. On June 8, 2021, the Company repaid the Economic Injury Disaster Loan (“EIDL”) received on March 31, 2020, in the amount of $150,000. On May 25, 2022, the Company was granted relief as forgiveness for the second round PPP loan in the amount of $841,670. NOTE 29 – PREMIUM FINANCING AGREEMENT Effective October 21, 2021, the Company entered into a director and officer insurance policy with annual premiums totaling $6,900,000. The Company executed a Commercial Premium Finance Agreement with AFCO Premium Credit LLC over a term of nine months, with an annual interest rate of 3.454%, that financed the payment of the total premiums owed. The agreement required a $1,400,000 down payment, with the remaining $5,500,000 plus interest to be paid over nine months. Monthly payments of $621,300 started November 21, 2021, and ended July 21, 2022. As of September 30, 2022, the premiums were paid in full. The term of the director and officer insurance policy expired on October 19, 2022. Effective October 20, 2022, the director and officer insurance policy was renewed for an additional 12 months with annual premiums totaling $5,484,449. On November 8, 2022, the Company executed a Commercial Premium Finance Agreement with AFCO Premium Credit LLC over a term of nine months, with an annual interest rate of 9.460%, that financed the payment of the total premiums owed. The agreement requires a $750,000 down payment, with the remaining $4,734,449 plus interest to be paid over nine months. Monthly payments of $552,849 will begin on January 1, 2023. Effective April 29, 2022, the Company entered into a commercial property insurance policy with annual premiums totaling $523,076. The Company has executed a Commercial Premium Finance Agreement with AFCO Premium Credit LLC, over a term of eleven months, with an annual interest rate of 5.99%, that finances the payment of the total premiums owed. The agreement required a $44,793 down payment, with the remaining $478,283 plus interest paid over eleven months. Monthly payments of $44,793 started May 29, 2022, and end March 29, 2023. As of September 30, 2022, the unpaid balance is $307,385. NOTE 30 – COVENANTS On December 31, 2021, Equipment LLC and WhiteHawk entered into the WhiteHawk Amendment to extend the Final MinerVa Delivery Date (as defined therein) from December 31, 2021, to April 30, 2022. Pursuant to the WhiteHawk Amendment, Equipment LLC paid an amendment fee in the amount of $250,000 to WhiteHawk. Pursuant to the WhiteHawk Amendment's covenants, WhiteHawk can accelerate payment of the loan if the revised final MinerVa delivery date is not achieved. On March 28, 2022, Equipment LLC and WhiteHawk entered into the Second WhiteHawk Amendment to remove all MinerVa miners from the collateral package in exchange for other miners and to increase the Total Advance by an additional $25 million. On October 27, 2022, the Company entered into the Credit Agreement with WhiteHawk to refinance the equipment financing agreement, effectively terminating the WhiteHawk Financing Agreement. Refer to Note 8 – Commitments and Contingencies for additional details regarding the WhiteHawk Refinancing Agreement. The WhiteHawk Refinancing Agreement contains a covenant requiring the Borrower and its subsidiaries to maintain a minimum (x) of $7.5 million of liquidity at all times, (y) a minimum liquidity of $10 million of average daily liquidity for each calendar month (rising to $20 million beginning July 1, 2023) and (z) a maximum total leverage ratio covenant of (i) 7.5:1.0 for the quarter ending December 31, 2022, (ii) 5.0:1.0 for the quarter ending March 31, 2023, (iii) 4.0:1.0 for the quarter ending June 30, 2023, and (iv) 4.0:1.0 for each quarter ending thereafter.

NON-EMPLOYEE DIRECTORS COMPENSA

NON-EMPLOYEE DIRECTORS COMPENSATION POLICY	9 Months Ended
	Sep. 30, 2022
Equity [Abstract]
NON-EMPLOYEE DIRECTORS COMPENSATION POLICY	NOTE 13 – STOCK-BASED COMPENSATION Stock compensation expense was $3,377,499 and $9,123,124 for the three and nine months ended September 30, 2022, respectively, and $976,528 and $1,246,460 for the three and nine months ended September 30, 2021, respectively. There is no tax benefit related to stock compensation expense due to a full valuation allowance on the net deferred tax assets at September 30, 2022. NOTE 31 – NON-EMPLOYEE DIRECTORS COMPENSATION POLICY On October 19, 2021, non-employee members of the Board are eligible to receive cash and equity compensation as set forth in the Non-Employee Director Compensation Policy (the “Policy”). The cash and equity compensation described in the Policy shall be paid or be made, as applicable, to each member of the Board who is not an employee of the Company or any parent or subsidiary of the Company (each, a “Non-Employee Director”) and who may be eligible to receive such cash or equity compensation, unless such Non-Employee Director declines the receipt of such cash or equity compensation by written notice to the Company. The Policy became effective as of the date set forth above (the “Effective Date”) and shall remain in effect until it is revised or rescinded by further action of the Board. The Company paid compensation to the non-employee directors totaling zero and $275,843 during the three and nine months ended September 30, 2022, respectively, but the latter amount was reduced to a net $200,843 after reversing the December 31, 2021, accrual.

PRIVATE PLACEMENTS

PRIVATE PLACEMENTS	9 Months Ended
	Sep. 30, 2022
Equity [Abstract]
PRIVATE PLACEMENTS	NOTE 15 – REDEEMABLE COMMON STOCK Private Placements - Mezzanine Equity Series A & B On April 1, 2021, the Company entered into a Series A Preferred Stock Purchase Agreement pursuant to which the Company issued and sold 9,792,000 shares of Series A Preferred Stock in the Series A Private Placement at a price of $8.68 per share to various accredited individuals for aggregate consideration of approximately $85.0 million. In connection with the Series A Private Placement, the Company incurred approximately $6.3 million in fees and $631,897 as debt issuance costs for warrants issued as part of the Series A Private Placement. Further, pursuant to the Series A Private Placement, Stronghold Inc., the investors in the Series A Private Placement and key holders entered into a Right of First Refusal Agreement ("ROFR Agreement"). Under the ROFR Agreement, the key holders agreed to grant a right of first refusal to Stronghold Inc. to purchase all or any portion of capital stock of Stronghold Inc., held by a key holder or issued to a key holder after the date of the ROFR Agreement, not including any shares of Series A Preferred Stock or common stock issued or issuable upon conversion of the Series A Preferred Stock. The key holders also granted a right of first refusal to the investors in the Series A Private Placement to purchase all or any eligible capital stock not purchased by Stronghold Inc. pursuant to its right of first refusal. The ROFR Agreement also provided certain co-sale rights to investors in the Series A Private Placement to participate in any sale or similar transfer of any shares of common stock owned by a key holder or issued to a key holder after the Series A Private Placement, on the terms and conditions specified in a written notice from a key holder. The investors, however, are not obligated to participate in such sales or similar transfers. The co-sale and rights of first refusal under the ROFR Agreement terminated when the Preferred Stock converted into shares of Class A common stock. On May 14, 2021, the Company completed the Series B Private Placement. The terms of the Series B Preferred Stock were substantially similar to the Series A Preferred Stock, except for differences in the stated value of such shares in the event of any voluntary or involuntary liquidation, dissolution or winding up of the Company or certain deemed liquidation events. In connection with the Series B Private Placement, the Company sold 1,817,035 shares of its Series B Preferred Stock for an aggregate purchase price of $20.0 million. In connection with the Series B Private Placement, the Company incurred approximately $1.6 million in fees and $148,575 as debt issuance costs for warrants issued as part of the Series B Private Placement. The Company entered into registration rights agreements with the investors in the Private Placements concurrently with the closing of each Private Placement, with certain filing deadlines as defined in the agreements. On October 22, 2021 (the closing date of the IPO), the net proceeds from the 9,792,000 shares of the Series A Preferred Stock and the 1,816,994 shares of the Series B Preferred Stock were converted to shares of Class A common stock on a one-for-one share basis at a par value of $0.0001 per share. As of December 31, 2021, these shares were no longer reported as redeemable common stock. The following is a summary of the Series A and Series B valuations: Series A Series B Proceeds $ 85,000,000 $ 20,000,305 Transaction fees: B. Riley Securities (5,100,000) (1,200,000) Legal and Filing Fees (1,226,990) (408,997) Debt issuance costs pertaining to stock registration warrants - refer to Note 14 (631,897) (148,575) Total net mezzanine equity $ 78,041,113 $ 18,242,733 Conversion to common Class A shares $ (78,041,113) $ (18,242,733) Remaining in net mezzanine equity $ — $ — Class V Common Stock In connection with the Reorganization on April 1, 2021, Stronghold LLC immediately thereafter distributed the 27,072,000 shares of Class V common stock to Q Power. In addition, effective as of April 1, 2021, Stronghold Inc. acquired 14,400 Stronghold LLC Units held by Q Power (along with an equal number of shares of Class V common stock) in exchange for 14,400 newly issued shares of Class A common stock. Class V common stock represents 56.1% ownership of Stronghold LLC. where the original owners of Q Power have economic rights and, as a holder, one vote on all matters to be voted on by our stockholders generally, and a redemption right into Class A shares. The Company classifies shares of Class V common stock held by Q Power as redeemable common stock based on its assessment of (i) the right (the “Redemption Right”) to cause Stronghold LLC to acquire all or a portion of its Stronghold LLC Units for, at Stronghold LLC’s election, (x) shares of Stronghold Inc.’s Class A common stock at a redemption ratio of one share of Class A common stock for each Stronghold LLC Unit redeemed, subject to conversion rate adjustments for stock splits, stock dividends and reclassification and other similar transactions or (y) an approximately equivalent amount of cash as determined pursuant to the Stronghold LLC Agreement of Q Power, and (ii) the right (the “Call Right”), for administrative convenience, to acquire each tendered Stronghold LLC Unit directly from the redeeming Stronghold Unit Holder for, at its election, (x) one share of Class A common stock, subject to conversion rate adjustments for stock splits, stock dividends and reclassification and other similar transactions, or (y) an approximately equivalent amount of cash as determined pursuant to the terms of the Stronghold LLC Agreement of the Company pursuant to ASC 480-10-S99-3A. For each share of Class V common stock outstanding, there is a corresponding outstanding Class A common unit of Stronghold LLC. The redemption of any share of Class V common stock would be accompanied by a concurrent redemption of the corresponding Class A common unit of Stronghold LLC, such that both the share of Class V common stock and the corresponding Class A common unit of Stronghold LLC are redeemed as a combined unit in exchange for either a single share of Class A common stock or cash of equivalent value based on the fair market value of the Class A common stock at the time of the redemption. For accounting purposes, the value of the Class A common units of Stronghold LLC is attributed to the corresponding shares of Class V common stock on the condensed consolidated balance sheet. Class V common stock is classified as redeemable common stock in the condensed consolidated balance sheet as, pursuant to the Stronghold LLC Agreement, the Redemption Rights of each unit held by Q Power for either shares of Class A common stock or an equivalent amount of cash is not solely within the Company’s control. This is due to the holders of the Class V common stock collectively owning a majority of the voting stock of the Company, which allows the holders of Class V common stock to elect the members of the Board, including those directors that determine whether to make a cash payment upon a Stronghold Unit Holder’s exercise of its Redemption Right. Redeemable common stock is recorded at the greater of the book value or redemption amount from the date of the issuance, April 1, 2021, and the reporting date as of September 30, 2022. The Company recorded redeemable common stock as presented in the table below: Non- controlling Interest (1) Series A Series B Common - Class V Preferred Shares Amount Preferred Shares Amount Shares Amount Total Balance - December 31, 2021 $ — — $ — 27,057,600 $ 301,052,617 $ 301,052,617 Net loss - January 1 to September 30, 2022 (82,905,233) (82,905,233) Maximum redemption right valuation (188,713,856) (188,713,856) Balance - September 30, 2022 $ — — $ — — $ — 27,057,600 $ 29,433,528 $ 29,433,528 _______________ NOTE 32 – PRIVATE PLACEMENTS May 2022 Private Placement On May 15, 2022, the Company entered into a note and warrant purchase agreement (the “Purchase Agreement”), by and among the Company and the purchasers thereto (collectively, the “Purchasers”), whereby the Company agreed to issue and sell to Purchasers, and Purchasers agreed to purchase from the Company, (i) $33,750,000 aggregate principal amount of 10.00% unsecured convertible promissory notes (the “May 2022 Notes”) and (ii) warrants (the “May 2022 Warrants”) representing the right to purchase up to 6,318,000 shares of Class A common stock, of the Company with an exercise price per share equal to $2.50, on the terms and subject to the conditions set forth in the Purchase Agreement collectively, the “2022 Private Placement”). The Purchase Agreement contained representations and warranties by the Company and the Purchasers that are customary for transactions of this type. The May 2022 Notes and the May 2022 Warrants were sold for aggregate consideration of $27.0 million. In connection with the 2022 Private Placement, the Company undertook to negotiate with the Purchasers, and to file a certificate of designation (“Series C Preferred Certificate of Designation”) with the State of Delaware, following the closing of the 2022 Private Placement, the terms of a new series of preferred stock (the “Series C Preferred Stock”). In connection with the 2022 Private Placement, the May 2022 Warrants were issued pursuant to the Warrant Agreement. The May 2022 Warrants are subject to mandatory cashless exercise provisions and have certain anti-dilution provisions. The May 2022 Warrants will be exercisable for a five-year period from the closing. On August 16, 2022, the Company entered into the Purchase Agreement Amendment, by and among the Company and the Purchasers, whereby the Company agreed to amend the Purchase Agreement such that $11.25 million of the outstanding principal has been exchanged for the Purchaser's execution of an amended and restated warrant agreement pursuant to which the strike price of the 6,318,000 May 2022 Warrants was reduced from $2.50 to $0.01. After giving effect to the principal reduction and amended and restated warrants, the Company will continue to make subsequent monthly, payments to the Purchasers on the fifteenth (15th) day of each of November 2022, December 2022, January 2023, and February 2023. The Company may elect to pay each such payment (A) in cash or (B) in shares of Common Stock, in each case, at a twenty percent (20%) discount to the average of the daily VWAPs for each of the twenty (20) consecutive trading days preceding the payment date. The issuance of the Convertible Note is within the scope of ASC 480-10, and therefore, has been measured at fair value as described in ASC 480-10-30-7 and will be remeasured each reporting period as described in paragraph 480-10-25-8. Additionally, under the guidance provided by ASC 815-40-15-7, it has been determined that the warrants are indexed to the Company's stock. The warrants will initially be recorded at their fair value and recorded in equity. The Convertible Note was valued using the gross yield method under the income approach. As of the issuance date of May 15, 2022, a calibration analysis was performed by back solving the implied yield associated with the Convertible Notes, such that the total value of the Convertible Notes and the May 2022 Warrants is equal to the purchase amount. The calibrated yield was then rolled forward for changes to the risk-free rate and option-adjusted spreads to the August 16, 2022, valuation date to value the Convertible Notes. September 2022 PIPE On September 13, 2022, the Company entered into Securities Purchase Agreements (the "Purchase Agreements") with Armistice Capital Master Fund Ltd. (“Armistice”) and Greg Beard, the Company's co-chairman and chief executive officer (together with Armistice, the “September PIPE Purchasers”), for the purchase and sale of 2,274,350 and 602,409 shares, respectively, of Class A common stock, par value $0.0001 per share at a purchase price of $1.60 and $1.66, respectively, and warrants to purchase an aggregate of 5,602,409 shares of Class A common stock, at an initial exercise price of $1.75 per share (subject to certain adjustments). Subject to certain ownership limitations, such warrants are exercisable upon issuance and will be exercisable for five and a half years commencing upon the date of issuance. Armistice also purchased the pre-funded warrants to purchase 2,725,650 shares of Class A common stock (the "Pre-Funded Warrants") at a purchase price of $1.60 per Pre-Funded Warrant. The Pre-Funded Warrants have an exercise price of $0.0001 per warrant share. The transaction closed on September 19, 2022. The gross proceeds, before deducting offering expenses, from the sale of such securities was approximately $9.0 million. The Company intends to use the proceeds from this offering for general corporate purposes, which may include acquisition of Bitcoin miners. The warrant liability is subject to remeasurement at each balance sheet date and any change in fair value is recognized as a component of the change in warrant liabilities in the condensed consolidated statements of operations. The fair value of the warrant liability was estimated using a Black-Scholes model with significant inputs as follows: September 30, 2022 Expected volatility 134.7 % Expected life (in years) 4.75 Risk-free interest rate 2.95 % Expected dividend yield 0.00 % Fair value $20,110,511 Pursuant to the Armistice Securities Purchase Agreement, the Company entered into a registration rights agreement with Armistice (the “Armistice Registration Rights Agreement”), and agreed to prepare and file a registration statement covering the resale of all Registrable Securities (as defined in the Armistice Registration Rights Agreement), and to use its commercially reasonable efforts to cause the registration statement to become effective within the timeframes specified in the Armistice Registration Rights Agreement; failure to do so will result in certain liquidated damages as set forth in the Armistice Registration Rights Agreement. Subject to certain exceptions, until 30 days after the effective date of the registration statement (the “Effective Date”), the Company will be prohibited from issuing, entering into any agreement to issue or announcing the issuance or proposed issuance of any shares of Class A common stock or securities convertible or exercisable into Class A common stock, or filing, amending or supplementing certain other registration statements. Until six months after the Effective Date, the Company will also be prohibited from effecting or entering into an agreement to effect any issuance involving a variable rate transaction.

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	9 Months Ended
	Sep. 30, 2022
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	NOTE 33 – SUBSEQUENT EVENTS Management has evaluated events and transactions subsequent to the balance sheet date through the date of this report (the date the financial statements were available to be issued) for potential recognition or disclosure in the financial statements. Except as disclosed in the following sections, management has not identified any items requiring recognition or disclosure. WhiteHawk Credit Agreement On October 27, 2022, the Company entered into a Credit Agreement with WhiteHawk to refinance the WhiteHawk Financing Agreement, effectively terminating the WhiteHawk Financing Agreement. The Credit Agreement consists of $35.1 million in term loans and a $23.0 million Delayed Draw Facility. Such loans under the Delayed Draw Facility were drawn on the closing date of the Credit Agreement. The WhiteHawk Refinancing Agreement was entered into by Stronghold LLC as Borrower and is secured by substantially all of the assets of the Company and its subsidiaries and is guaranteed by the Company and each of its material subsidiaries. The WhiteHawk Refinancing Agreement requires equal monthly amortization payments resulting in full amortization at maturity. The WhiteHawk Refinancing Agreement has customary representations, warranties and covenants including restrictions on indebtedness, liens, restricted payments and dividends, investments, asset sales and similar covenants and contains customary events of default. The WhiteHawk Refinancing Agreement contains a covenant requiring the Borrower and its subsidiaries to maintain a minimum (x) of $7.5 million of liquidity at all times, (y) a minimum liquidity of $10 million of average daily liquidity for each calendar month (rising to $20 million beginning July 1, 2023) and (z) a maximum total leverage ratio covenant of (i) 7.5:1.0 for the quarter ending December 31, 2022, (ii) 5.0:1.0 for the quarter ending March 31, 2023, (iii) 4.0:1.0 for the quarter ending June 30, 2023, and (iv) 4.0:1.0 for each quarter ending thereafter. The borrowings under the WhiteHawk Refinancing Agreement mature on October 26, 2025, and bear interest at a rate of either (i) the SOFR plus 10% or (ii) a reference rate equal to the greater of (x) 3%, (y) the federal funds rate plus 0.50% and (y) the Term SOFR rate plus 1%, plus 9%. The loan under the Delayed Draw Facility was issued with 3% closing fee on the drawn amount, paid when such amount was drawn. Amounts drawn on the WhiteHawk Refinancing Agreement are subject to a prepayment premium such that the lenders thereunder achieve a 20% return on invested capital. The Company also issued a stock purchase warrant to WhiteHawk in conjunction with the closing of the WhiteHawk Refinancing Agreement, which provides for the purchase of an additional 4,000,000 shares of Class A common stock at an exercise price of $0.01 per share. Borrowings under the WhiteHawk Refinancing Agreement may also be accelerated in certain circumstances. Extinguishment of Final Tranche of NYDIG Debt On August 16, 2022, the APA Seller Parties entered into the Asset Purchase Agreement with the Purchasers. Pursuant to the NYDIG Agreements, certain miners were pledged as collateral under such agreements. Under the Asset Purchase Agreement, the APA Seller Parties agreed to sell, and the Purchasers (or their respective designee) agreed to purchase, the APA Collateral in a private disposition in exchange for the forgiveness, reduction and release of the NYDIG Debt. The APA Sellers agreed to clean, service, package, ship and deliver the APA Collateral, and to bear the costs associated with such activities. Following (i) delivery of the APA Collateral to the Purchasers or their designees pursuant to a master bill of sale and (ii) a subsequent inspection period of up to 14 days upon acceptance of the APA Collateral, the related portion of the NYDIG Debt was assigned to the APA Sellers and cancelled pursuant to the terms of the Asset Purchase Agreement. On September 30, 2022, the APA Seller Parties completed the sale in two separate settlements of six tranches of APA Collateral to BankProv and NYDIG in exchange for the extinguishment of an aggregate of $65.3 million of principal under the NYDIG Debt and related interest. On October 26, 2022, the APA Seller Parties completed the transfer of the seventh and final tranche of the APA Collateral to NYDIG pursuant to the Asset Purchase Agreement in exchange for the extinguishment of $2.1 million of principal under the NYDIG Debt and related interest (the “Final Settlement”). Following the Final Settlement, the aggregate amount of principal under the NYDIG Debt extinguished is $67.4 million, the entire amount of the NYDIG Debt, and it will therefore no longer be reflected on the Company’s balance sheet. Foundry Hosting Agreement On November 7, 2022, Stronghold Digital Mining Hosting, LLC entered into a definitive hosting agreement with Foundry Digital LLC (“Foundry”) (the “Foundry Hosting Agreement”). Pursuant to the Foundry Hosting Agreement, Foundry will deliver over 4,500 Bitcoin miners (the “Foundry Miners”) with associated hash rate capacity of approximately 420 PH/s to the Panther Creek Plant. The Company will provide power and hosting services to the Foundry Miners for a fee of $60 per MWh. Pursuant to the Foundry Hosting Agreement, Stronghold will receive 50% of the Bitcoins mined by the Foundry Miners after deducting the $60 per MWh fee. The Foundry Hosting Agreement does not restrict Stronghold’s ability to curtail mining in order to sell power to the grid. Simultaneous with the execution of the Foundry Hosting Agreement, Stronghold Digital Mining Hosting, LLC and Foundry entered into a non-binding Letter of Intent (the “Foundry LOI”), pursuant to which Stronghold would purchase the 4,500 miners in exchange for cash, equity and a profit share that applies to the Foundry Miners as well as to power that is sold to the grid when the Foundry Miners are curtailed. In the event that definitive documents are entered into pursuant to the Foundry LOI, the terms of the Foundry Hosting Agreement will terminate. To date, the Company has already received approximately 3,000 of the Foundry Miners and expects to install all Foundry Miners by the end of November 2022.

NATURE OF OPERATIONS AND SIGN_2

NATURE OF OPERATIONS AND SIGNIFICANT ACCOUNTING POLICIES (Policies)	9 Months Ended
	Sep. 30, 2022
Accounting Policies [Abstract]
Basis of Presentation	The unaudited condensed consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) for interim financial information and Article 10 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by GAAP for complete financial statements and should be read in conjunction with the annual financial statements. These financial statements reflect the consolidated accounts of the Company and wholly owned subsidiaries. In addition, certain reclassifications of amounts previously reported have been made to the accompanying consolidated financial statements in order to conform to current presentation. Additionally, since there are no differences between net income and comprehensive income, all references to comprehensive income have been excluded from the condensed consolidated financial statements.
Use of Estimates	The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.
Cash and cash equivalents	Cash and cash equivalents consist of short-term, highly liquid investments with original maturities of three months or less. The Company maintains its cash in non-interest bearing accounts that are insured by the Federal Deposit Insurance Company up to $250,000. The Company’s deposits may, from time to time, exceed the $250,000 limit; however, management believes that there is no unusual risk present, as the Company places its cash with financial institutions which management considers being of high quality. As of September 30, 2022, cash and cash equivalents includes $400,000 of restricted cash which represents a continuous bond in place to mitigate fees charged by customs brokerage companies associated with importing miners.
Digital Currencies	Digital currencies are included in current assets in the reported balance sheets. Digital currencies are recorded at cost less any impairment. Currently Bitcoin constitutes the only cryptocurrency the Company mines or holds in material amounts. An intangible asset with an indefinite useful life is not amortized but assessed for impairment quarterly as well as annually, or more frequently, when events or changes in circumstances occur indicating that it is more likely than not that the indefinite-lived asset is impaired. Impairment exists when the carrying amount exceeds its fair value. In testing for impairment, the Company has the option to first perform a qualitative assessment to determine whether it is more likely than not that an impairment exists. If it is determined that it is not more likely than not that an impairment exists, a quantitative impairment test is not necessary. If the Company concludes otherwise, it is required to perform a quantitative impairment test. To the extent an impairment loss is recognized, the loss establishes the new cost basis of the asset.
Accounts Receivable	Accounts receivable are stated at the amount management expects to collect from balances outstanding at year end. An allowance for doubtful accounts is provided when necessary and is based upon management’s evaluation of outstanding accounts receivable at year end. The potential risk is limited to the amount recorded in the financial statements.
Inventory	Waste coal, fuel oil and limestone are valued at the lower of average cost or net realizable value and includes all related transportation and handling costs. The Company performs periodic assessments to determine the existence of obsolete, slow-moving, and unusable inventory and records necessary provisions to reduce such inventories to net realizable value. Spare parts inventory is expensed when purchased.
Derivative Contracts	In accordance with guidance on accounting for derivative instruments and hedging activities all derivatives should be recognized at fair value. Derivatives or any portion thereof, that are not designated as, and effective as, hedges must be adjusted to fair value through earnings. Derivative contracts are classified as either assets or liabilities on the accompanying combined balance sheets. Certain contracts that require physical delivery may qualify for and be designated as normal purchases/normal sales. Such contracts are accounted for on an accrual basis.The Company uses derivative instruments to mitigate its exposure to various energy commodity market risks. The Company does not enter into any derivative contracts or similar arrangements for speculative or trading purposes. The Company will, at times, sell its forward unhedged electricity capacity to stabilize its future operating margins. As of September 30, 2022, and December 31, 2021, there are no open energy commodity derivatives outstanding. The Company also uses derivative instruments to mitigate the risks of Bitcoin market pricing volatility. The Company entered into a variable prepaid forward sale contract that mitigates Bitcoin market pricing volatility risks between a low and high collar of Bitcoin market prices during the contract term. The contract meets the definition of a derivative transaction pursuant to guidance under ASC 815 and is considered a compound derivative instrument which is required to be presented at fair value subject to remeasurement each reporting period. The changes in fair value are recorded as changes in fair value of forward sale derivative as part of earnings.
Fair Value Measurements	The Company measures at fair value certain of its financial and non-financial assets and liabilities by using a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value. Fair value is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date, essentially an exit price, based on the highest and best use of the asset or liability. The levels of the fair value hierarchy are: Level 1: Observable inputs such as quoted market prices in active markets for identical assets or liabilities; Level 2: Observable market-based inputs or unobservable inputs that are corroborated by market data; and Level 3: Unobservable inputs for which there is little or no market data, which require the use of the reporting entity’s own assumptions.
Property, Plant and Equipment and Cryptocurrency Machines	Property, plant and equipment are recorded at cost. Expenditures for major additions and improvements are capitalized and minor replacements, maintenance and repairs are charged to expense as incurred. The Company records all assets associated with the cryptocurrency hosting operations at cost. These assets comprise storage trailers and the related electrical components. When property, plant and equipment are retired or otherwise disposed of, the cost and accumulated depreciation are removed from the accounts, and any resulting gain or loss is included in the results of operations for the respective period. Depreciation is provided over the remaining estimated useful lives (“EUL”) of the related assets using the straight-line method. The Company’s depreciation is based on its Facility being considered a single property unit. Certain components of the Facility may require replacement or overhaul several times over its estimated life. Costs associated with overhauls are recorded as an expense in the period incurred. However, in instances where a replacement of a Facility component is significant and the Company can reasonably estimate the original cost of the component being replaced, the Company will write off the replaced component and capitalize the cost of the replacement. The component will be depreciated over the lesser of the EUL of the component or the remaining useful life of the Facility. The Company reviews the carrying value of property, plant and equipment for impairment whenever events and circumstances indicate that the carrying value of property, plant and equipment may not be recoverable from the estimated future cash flows expected to result from its use and eventual disposition. In cases where undiscounted expected future cash flows are less than the carrying value, an impairment loss is recognized equal to an amount by which the carrying value exceeds the fair value of property, plant and equipment. The factors considered by management in performing this assessment include current operating results, trends and prospects, the manner in which the property, plant and equipment is used, and the effects of obsolescence, demand, competition, and other economic factors. During the quarter ended June 30, 2022, Management reassessed the basis of depreciation of the Company's Bitcoin mining rigs, which resulted in changes in the expected useful life from a two-year period to a three The rate at which the Company generates digital assets and, therefore, consumes the economic benefits of its Bitcoin miners, is influenced by a number of factors including the following: 1. The complexity of the Bitcoin blockchain transaction verification process which is driven by the algorithms contained within the Bitcoin open source software; 2. The general availability of appropriate computer processing capacity on a global basis (commonly referred to in the industry as hashing capacity which is measured in Petahash units ("PH/s")); and 3. Technological obsolescence reflecting rapid development in the Bitcoin mining industry such that more recently developed hardware is more economically efficient to run in terms of digital assets generated as a function of operating costs, primarily power costs, (i.e., the speed of hardware evolution in the industry is such that later hardware models generally have faster processing capacity combined with lower operating costs and a lower cost of purchase). The Company operates in an emerging industry for which limited data is available to make estimates of the useful economic lives of specialized equipment. During the second quarter of 2022, management completed an analysis of the operational life of its Bitcoin mining rigs and determined that its oldest Bitcoin miners are operating for longer than three three
Asset Retirement Obligations	Asset retirement obligations, including those conditioned on future events, are recorded at fair value in the period in which they are incurred, if a reasonable estimate of fair value can be made. The associated asset retirement costs are capitalized as part of the carrying amount of the related long-lived asset in the same period. In each subsequent period, the liability is accreted to its present value, and the capitalized cost is depreciated over the EUL of the long-lived asset. If the asset retirement obligation is settled for other than the carrying amount of the liability, the Company recognizes a gain or loss on settlement. The Company’s asset retirement obligation represents the cost the Company would incur to perform environmental clean-up or dismantle certain portions of the Facility.
Revenue Recognition	The Company recognizes revenue under ASC 606, Revenue from Contracts with Customers . The core principle of this revenue standard is that a company should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the company expects to be entitled in exchange for those goods or services. The following five steps are applied to achieve that core principle: 1. Step 1: Identify the contract with the customer. 2. Step 2: Identify the performance obligations in the contract. 3. Step 3: Determine the transaction price. 4. Step 4: Allocate the transaction price to the performance obligations in the contract. 5. Step 5: Recognize revenue when the Company satisfies a performance obligation. 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 the definition of a “distinct” good or service (or bundle of goods or services) per ASC 606 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; • Noncash consideration; and • Consideration payable to a customer. Variable consideration is included in the transaction price only to the extent that it is 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. There were no revenue streams with variable consideration during the nine months ended September 30, 2022, and 2021. There is currently no specific definitive guidance under GAAP or alternative accounting framework for the accounting for cryptocurrencies recognized as revenue or held, and management has exercised significant judgment in determining the appropriate accounting treatment. In the event authoritative guidance is enacted by the Financial Accounting Standards Board (the "FASB"), the Company may be required to change its policies, which could have an effect on the Company's consolidated financial position and results from operations. The Company has determined that the cryptocurrency awarded through its Bitcoin mining operations are part of its regular, ongoing activities. Accordingly, they are treated as a current asset and accounted for as cash flow from operating activities due to the fact that it has been selling cryptocurrency on a regular basis in order to fund its operations. As such, any changes in the balance of the current asset account, including those resulting from mining revenue, sales of Bitcoin and any associated gains and losses, and impairments, should be accounted for as cash flows from operating activities as opposed to cash flows from investing activities, where sales of Bitcoin had appeared previously. Fair value of the digital asset award received is determined using the quoted price of the related cryptocurrency at the time of receipt. The Company's policies with respect to its revenue streams are detailed below. Energy Revenue The Company operates as a market participant through PJM Interconnection, a Regional Transmission Organization (“RTO”) that coordinates the movement of wholesale electricity. The Company sells energy in the wholesale generation market in the PJM RTO. Energy revenues are delivered as a series of distinct units that are substantially the same and that have the same pattern of transfer to the customer over time and, therefore, are accounted for as a distinct performance obligation. The transaction price is based on pricing published in the day ahead market which constitutes the stand-alone selling price. Energy revenue is recognized over time as energy volumes are generated and delivered to the RTO (which is contemporaneous with generation), using the output method for measuring progress of satisfaction of the performance obligation. The Company applies the invoice practical expedient in recognizing energy revenue. Under the invoice practical expedient, energy revenue is recognized based on the invoiced amount which is considered equal to the value provided to the customer for the performance obligation completed to date. Reactive energy power is provided to maintain a continuous voltage level. Revenue from reactive power is recognized ratably over time as the Company stands ready to provide it if called upon by the PJM RTO. Capacity Revenue The Company provides capacity to a customer through participation in capacity auctions held by the PJM RTO. Capacity revenues are a series of distinct performance obligations that are substantially the same and that have the same pattern of transfer to the customer over time and, therefore, are accounted for as a distinct performance obligation. The transaction price for capacity is market-based and constitutes the stand-alone selling price. As capacity represents the Company's stand-ready obligation, capacity revenue is recognized as the performance obligation is satisfied ratably over time, on a monthly basis, since the Company stands ready equally throughout the period to deliver power to the PJM RTO if called upon. The Company applies the invoice practical expedient in recognizing capacity revenue. Under the invoice practical expedient, capacity revenue is recognized based on the invoiced amount which is considered equal to the value provided to the customer for the performance obligation completed to date. Penalties may be assessed by the PJM RTO against generation facilities if the facility is not available during the capacity period. The penalties assessed by the PJM RTO, if any, are recorded as a reduction to capacity revenue when incurred. Bitcoin Mining The Company has entered into digital asset mining pools by executing contracts, as amended from time to time, with the mining pool operators to provide computing power to the mining pool. The contracts are terminable at any time by either party, and the Company's enforceable right to compensation only begins when the Company provides computing power to the mining pool operator. In exchange for providing computing power, the Company is entitled to a fractional share of the fixed cryptocurrency award the mining pool operator receives (less digital asset transaction fees to the mining pool operator which are recorded as reduction to cryptocurrency mining revenues) for successfully adding a block to the blockchain. The terms of the agreement provide that neither party can dispute settlement terms after thirty-five days following settlement. The Company's fractional share is based on the proportion of computing power the Company contributed to the mining pool operator to the total computing power contributed by all mining pool participants in solving the current algorithm. Providing cryptocurrency mining computing power is an output of the Company's ordinary business activities. The provision of providing such computing power is the only performance obligation in the Company's contracts with mining pool operators. The transaction consideration the Company receives, if any, is noncash consideration, which the Company measures at fair value on the date received, which is not materially different than the fair value at contract inception or the time the Company earned the award from the pools. The consideration is not variable. Because it is not probable that a significant reversal of cumulative revenue will not occur, the consideration is constrained until the mining pool operator successfully places a block (by being the first to solve an algorithm) and the Company receives confirmation of the consideration it will receive, at which time revenue is recognized. There is no significant financing component in these transactions. Fair value of the cryptocurrency award received is determined using the quoted price of the related cryptocurrency at the time of receipt. There is currently no specific definitive guidance under GAAP or alternative accounting framework for the accounting for cryptocurrencies recognized as revenue or held, and management has exercised significant judgment in determining the appropriate accounting treatment. In the event authoritative guidance is enacted by the FASB, the Company may be required to change its policies, which could have an effect on the Company's consolidated financial position and results from operations. Mining Hosting The Company has entered into customer hosting contracts whereby the Company provides electrical power to cryptocurrency mining customers, and the customers pay a stated amount per megawatt hour ("MWh") (“Contract Capacity”). This amount is paid monthly in advance. Amounts used in excess of the Contract Capacity are billed based upon calculated formulas as contained in the contracts. If any shortfalls occur due to outages, make-whole payment
Waste Coal Credits	Waste coal credits are issued by the Commonwealth of Pennsylvania. Facilities that generate electricity by using coal refuse for power generation, control acid gases for emission control, and use the ash produced to reclaim mining-affected sites are eligible for such credits. Income related to these credits is recorded upon cash receipt and within other income. Renewable Energy Credits (“RECs”)
Stock Based Compensation	For equity-classified awards, compensation expense is recognized over the requisite service period based on the computed fair value on the grant date of the award. Equity classified awards include the issuance of stock options, restricted stock units (“RSUs”) and performance share units ("PSUs").
Notes Payable	The Company records notes payable net of any discounts or premiums. Discounts and premiums are amortized as interest expense or income over the life of the note in such a way as to result in a constant rate of interest when applied to the amount outstanding at the beginning of any given period.
Warrant Liabilities	The Company records warrant liabilities at their fair value as of the balance sheet date and recognizes changes in the balances, over the comparative periods of either the issuance date or the last reporting date, as part of changes in fair value of warrant liabilities expense.
Segments	Accounting guidance establishes standards for the way public business enterprises are to report information about operating segments in annual financial statements and requires enterprises to report selected information about operating segments in financial reports issued to stockholders. The Company has reorganized into two operating segments, which consist of Energy Operations and Cryptocurrency Operations.
Mezzanine Equity	Redeemable Preferred Stock The Preferred Stock is reported as a mezzanine obligation between liabilities and stockholders’ equity due to certain redemption features being outside the control of the Company. See Note 15 – Redeemable Common Stock. Class V Common Stock The Class V common stock shares (as described in Note 15 – Redeemable Common Stock) is reported as a mezzanine obligation between liabilities and stockholders’ equity due to certain redemption features being outside the control of the Company. The Company accounts for the 56.1% interest represented by the Class V common stock as mezzanine equity as a result of certain redemption rights held by the holders thereof as discussed in Note 15 – Redeemable Common Stock. As such, the Company adjusts mezzanine equity to its maximum redemption amount at the balance sheet date, if higher than the carrying amount. The redemption amount is based on a third-party valuation methodology of the Company’s Class A common stock at the end of the reporting period. Changes in the redemption value are recognized immediately as they
Loss per share	Basic net (loss) income per share (“EPS”) of common stock is computed by dividing net loss by the weighted average number of shares of common stock outstanding or shares subject to exercise for a nominal value during the period. Diluted EPS reflects the potential dilution that could occur if securities or other contracts to issue common stock were exercised or converted into common stock or resulted in the issuance of common stock that then shared in the earnings of the entity.
Income Taxes	Reorganization Upon completion of the Reorganization, the Company is organized as an “Up-C” structure in which substantially all of the assets and business of the consolidated Company are held by Stronghold Inc. through its subsidiaries, and the Company’s direct assets largely consist of cash and investments in subsidiaries. For income tax purposes, the portion of the Company’s earnings allocable to Stronghold Inc. is subject to corporate level tax rates at the federal and state levels. Therefore, the income taxes recorded prior to the Reorganization are not representative of the income taxes after the Reorganization. Stronghold Inc. and its indirectly owned corporate subsidiaries, Clearfield and Leesburg, account for income taxes under the asset and liability method, in which deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases and operating loss and tax credit carry forwards. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in operations in the period that includes the enactment date. A valuation allowance is required to the extent any deferred tax assets may not be realizable. Based on the Company’s evaluation and application of ASC Topic 740, Income Taxes (“ASC 740”), the Company has determined that the utilization of the deferred tax assets is not more likely than not, and therefore the Company has recorded a valuation allowance against the net deferred tax assets of the Company as well as Clearfield and Leesburg. Factors contributing to this assessment are the Company’s cumulative and current losses, as well as the evaluation of other sources of income as outlined in ASC 740. The Company continues to evaluate the likelihood of the utilization of deferred tax assets, and while the valuation allowance remains in place, we expect to record no deferred income tax expense or benefit. ASC 740 also clarifies the accounting for uncertainty in income taxes recognized in an enterprise's financial statements and prescribes a recognition threshold and measurement process for financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return. For those benefits to be recognized, a tax position must be more-likely-than-not to be sustained upon examination by taxing authorities. ASC 740 also provides guidance on derecognition, classification, interest and penalties, accounting in interim period, disclosure and transition. Based on the Company's evaluation, it has been concluded that there are no significant uncertain tax positions requiring recognition in the Company's consolidated financial statements. The Company believes that its income tax positions and deductions would be sustained on audit and does not anticipate any adjustments that would result in material changes to its financial position. Certain of Stronghold Inc.’s subsidiaries are structured as flow-through entities; and therefore, the taxable income or loss of such subsidiaries is included in the income tax returns of the partners, including Stronghold Inc. Application of ASC 740 to these entities results in no recognition of federal or state income taxes at the entity level. The portion of such subsidiaries activities that are allocable to the Company will increase the Company’s taxable income or loss and be accounted for under ASC 740 at the Company. Prior to the Reorganization Scrubgrass and Stronghold were structured as a limited partnership and limited liability company, respectively; therefore the taxable income or loss of the Company is included in the income tax returns of the individual partners. Accordingly, no recognition has been given to federal or state income taxes in the accompanying financial statements. Two of Scrubgrass' subsidiaries, Clearfield and Leesburg, are corporations for federal and state income tax purposes. Income taxes attributable to Clearfield and Leesburg are provided based on the asset and liability method of accounting pursuant to the Income Taxes Topic of FASB ASC 740. Under this method, deferred tax assets and liabilities are recognized for the expected future tax consequences of temporary differences between the carrying amounts and the tax bases of assets and liabilities. Deferred tax assets are reduced by a valuation allowance when, in the opinion of management, it is more likely than not that some portion or all, of the deferred tax asset will not be realized. Clearfield and Leesburg have not recorded any temporary differences resulting in either a deferred tax asset or liability as of September 30, 2022, or December 31, 2021.
Recently Issued Accounting Standards	In February 2016, the FASB issued ASU 2016-02, Leases (“Topic 842”), which supersedes ASC Topic 840, Leases . Topic 842 requires lessees to recognize a lease liability and a lease asset on its balance sheet for all leases, including operating leases, with a term greater than 12 months. Topic 842 also expands the required quantitative and qualitative disclosures surrounding leases. The new guidance will be applied using a modified retrospective transition approach for leases existing at, or entered into after, the beginning of the earliest comparative period presented in the financial statements. In November 2020, the FASB deferred the effective date for implementation of Topic 842 by one year and, in June 2020, the FASB deferred the effective date by an additional year. Topic 842 became effective for the Company on January 1, 2022, and will be presented in its annual report on Form 10-K for the year ending December 31, 2022. The Company is currently in the process of finalizing the effects that the adoption of Topic 842 will have on its consolidated financial statements. The Company anticipates that the new guidance will impact the Company’s consolidated balance sheet to recognize a right of use asset and lease liabilities for all of the Company's operating leases. Topic 842 provides a number of optional practical expedients in transition. The Company expects to elect the package of practical expedients, which permits the Company not to reassess, under the new guidance, our prior conclusions about lease identification, lease classification and initial direct costs. The Company does not expect Topic 842 to have a material impact on its financial position, results of operations or cash flows. In May 2021, the FASB issued ASU 2021-04, Issuer’s Accounting for Certain Modifications or Exchanges of Freestanding Equity-Classified Written Call Options , to clarify the accounting for modifications or exchanges of equity-classified warrants. This ASU became effective for all entities for fiscal years beginning after December 15, 2021, including interim periods within those fiscal years. The FASB issued ASU 2021-04 to establish a principles-based recognition framework according to the substance of the modification transaction. The framework applies to freestanding written call options, such as warrants, that were and remain equity-classified by the issuer after the modification and are not in the scope of other guidance. For example, the framework does not apply to warrants that are modified to compensate for goods or services within the scope of Topic 718. The framework applies regardless of whether the modification is through an amendment to the existing terms or issuance of a replacement warrant. Accordingly, the provisions introduced under ASU 2021-04 are applicable to the Company during the year ending December 31, 2022, and specifically to the amended May 2022 Warrants.

NATURE OF OPERATIONS AND SIGN_3

NATURE OF OPERATIONS AND SIGNIFICANT ACCOUNTING POLICIES (Tables)	9 Months Ended
	Sep. 30, 2022
Accounting Policies [Abstract]
Activities of Digital Currencies	The following table presents the activities of the digital currencies for the nine months ended September 30, 2022, and the year ended December 31, 2021: September 30, 2022 December 31, 2021 (unaudited) Digital currencies at beginning of period $ 10,417,865 $ 228,087 Additions of digital currencies 50,715,424 12,494,581 Realized gain (loss) on sale of digital currencies 936,506 149,858 Impairments (8,176,868) (1,870,274) Proceeds from sale of digital currencies (47,146,328) (584,387) Collateral sold to close derivative (4,559,895) — Digital currencies at end of period $ 2,186,704 $ 10,417,865

INVENTORIES (Tables)

INVENTORIES (Tables)	9 Months Ended
	Sep. 30, 2022
Inventory Disclosure [Abstract]
Schedule of Inventory	Inventories consist of the following components as of: September 30, 2022 December 31, 2021 Waste coal $ 3,101,726 $ 3,238,383 Fuel oil 147,550 94,913 Limestone 67,440 38,958 TOTALS $ 3,316,716 $ 3,372,254

EQUIPMENT DEPOSITS (Tables)

EQUIPMENT DEPOSITS (Tables)	9 Months Ended
	Sep. 30, 2022
Commitments and Contingencies Disclosure [Abstract]
Equipment Deposits	The following table details the total equipment deposits of $24,385,876 as of September 30, 2022: Vendor Model Count Delivery Timeframe Total Unpaid [A] Transferred to Impairment Sold Equipment MinerVa [C] MinerVA 15,000 Oct '21 - TBD $68,887,550 — $(26,664,993) $(12,228,742) $(8,701,199) $21,292,616 Cryptech Bitmain 2,400 Nov '21 - Oct '22 12,656,835 — (9,563,575) — — 3,093,260 Northern Data MicroBT 9,900 Oct '21 - Jan '22 22,061,852 — (22,061,852) — — — Bitmain Technologies Limited Antminer S19j Pro 10,200 Apr '22 - Dec '22 60,814,500 (4,218,000) (23,951,500) — (32,645,000) — Bitmain Technologies Limited [D] Antminer S19 XP 1,800 Jul '22 - Dec '22 19,530,000 — — — (19,530,000) — Northern Data PA, LLC WhatsMiners 4,280 Jan '22 - June '22 11,340,374 — (11,340,374) — — — Totals 43,580 $195,291,111 $(4,218,000) $(93,582,294) $(12,228,742) $(60,876,199) $24,385,876 [A] Future commitments still owed to each vendor. Refer to Note 8 – Contingencies and Commitments for further details. [B] Miners that are delivered and physically placed in service are transferred to a fixed asset account at the respective unit price as defined in the agreement. [C] Refer to Note 8 – Contingencies and Commitments for a $4,499,980 refund that reduced the total commitments to $68,887,550 for this vendor. [D] The miner purchase contract was sold in May 2022 for $12,568,500 and a loss of $6,930,000 was recorded as a realized loss on sale of miner assets within the condensed consolidated statement of operations in the second quarter of 2022. Remaining Purchase Price $ 12,656,835 April 2021 - 30% $ (3,798,000) # Date After down payment $ 8,858,835 1 05/01/21 $ (211,000) $ 8,647,835 2 06/01/21 $ (211,000) $ 8,436,835 3 07/01/21 $ (211,000) $ 8,225,835 4 08/01/21 $ (211,000) $ 8,014,835 5 09/01/21 $ (211,000) $ 7,803,835 6 10/01/21 $ (738,500) $ 7,065,335 7 11/01/21 $ (738,500) $ 6,326,835 8 12/01/21 $ (738,500) $ 5,588,335 9 01/01/22 $ (738,500) $ 4,849,835 10 02/01/22 $ (738,500) $ 4,111,335 11 03/01/22 $ (738,500) $ 3,372,835 12 04/01/22 $ (738,500) $ 2,634,335 13 05/01/22 $ (524,335) $ 2,110,000 14 06/01/22 $ (527,500) $ 1,582,500 15 07/01/22 $ (527,500) $ 1,055,000 16 08/01/22 $ (527,500) $ 527,500 17 09/01/22 $ (527,500) $ —

PROPERTY, PLANT AND EQUIPMENT (

PROPERTY, PLANT AND EQUIPMENT (Tables)	9 Months Ended
	Sep. 30, 2022
Property, Plant and Equipment [Abstract]
Schedule of Property, Plant and Equipment	Property, plant and equipment consist of the following as of September 30, 2022, and December 31, 2021: Useful Lives (Years) September 30, 2022 December 31, 2021 Electric plant 10 - 60 $ 66,295,810 $ 66,153,985 Power transformers 8 - 30 52,293,758 7,489,472 Machinery and equipment 5 - 20 18,207,669 12,015,811 Rolling stock 5 - 7 261,000 261,000 Cryptocurrency machines and powering supplies 2 - 3 95,197,331 78,505,675 Computer hardware and software 2 - 5 17,196 56,620 Vehicles and trailers 2 - 7 598,569 155,564 Construction in progress Not Depreciable 12,461,250 36,067,776 Asset retirement obligation 10 - 30 580,452 580,452 245,913,035 201,286,355 Accumulated depreciation and amortization (63,043,350) (34,629,200) TOTALS $ 182,869,685 $ 166,657,155

LONG-TERM DEBT (Tables)

LONG-TERM DEBT (Tables)	9 Months Ended
	Sep. 30, 2022
Debt Disclosure [Abstract]
Long-term Debt	Long-term debt consists of the following as of September 30, 2022, and December 31, 2021: September 30, 2022 December 31, 2021 $66,076 loan, with interest at 5.55%, due July 2021. $ — $ 3,054 $75,000 loan, with interest at 12.67%, due April 2021. — 7,312 $499,520 loan, with interest at 2.49%, due December 2023. 150,089 232,337 $499,895 loan, with interest at 2.95%, due July 2023. 153,985 246,720 $212,675 loan, with interest at 6.75%, due October 2022. — 103,857 $517,465 loan, with interest at 4.78%, due October 2024. 381,452 490,600 $431,825 loan, with interest at 7.60%, due April 2024. 142,898 204,833 $565,500 loan, with interest at 4.48%, due January 2027. 495,897 — $523,076 financing agreement for insurance, with interest at 5.99%, due March 2023. 307,385 — $6,900,000 financing agreement for insurance, with interest at 3.45%, due July 2022. — 4,299,721 $40,000,000 loan, with interest at 10.00%, due June 2023. 17,639,433 [A] 30,734,045 $33,750,000 loan, with interest at 10.00%, due May 2024. 20,194,118 [B] — $10,641,362 loan, with interest at 10.00%, due June 2023. — [C] 8,176,302 $14,077,800 loan, with interest at 10.00%, due June 2023. — [D] 10,816,694 $5,808,816 loan, with interest at 10.00%, due April 2023. 3,571,674 [E] — $6,814,000 loan, with interest at 10.00%, due October 2023. 4,986,747 [F] — $17,984,000 maximum advance loan, with interest at 9.99%, due December 2023. Balance is what has been advanced as of September 30, 2022. — [G] 10,790,400 $17,984,000 maximum advance loan, with interest at 9.99%, due December 2023. Balance is what has been advanced as of September 30, 2022. 17,052,794 [H] 7,769,088 $17,984,000 maximum advance loan, with interest at 9.99%, due December 2023. Balance is what has been advanced as of September 30, 2022. 14,387,200 [I] — $33,750,000 Convertible Note, with interest at 10.00%, due May 2024. 22,437,500 [J] — $92,381 loan, with interest at 1.49%, due April 2026. 84,891 — $64,136 loan, with interest at 11.85%, due May 2024. 42,986 $196,909 loan, with interest at 6.49%, due May 2024. 196,909 — 102,225,958 73,874,963 Less current portions, deferred debt issuance costs and discounts: Outstanding loan 90,605,752 50,099,372 Deferred debt issuance costs 2,269,467 2,854,787 Discounts from issuance of stock — 1,042,416 Discounts from issuance of warrants 1,743,499 1,499,547 $ 7,607,240 $ 18,378,841 [A] The WhiteHawk Promissory Note has a term of 24 months. Refer to Note 14 – Stock Issued Under Master Financing Agreements and Warrants for further discussion. On December 31, 2021, the Company amended the WhiteHawk Financing Agreement (as defined below) (the “WhiteHawk Amendment”) to extend the final MinerVa delivery date from December 31, 2021, to April 30, 2022. Pursuant to the WhiteHawk Amendment, Equipment LLC paid an amendment fee in the amount of $250,000 to WhiteHawk Finance LLC ("WhiteHawk"). These fees are included in deferred debt issuance costs. Refer to Note 33 – Subsequent Events for disclosure of the WhiteHawk Credit Agreement (as defined below) which closed on October 27, 2022, as a result of which the WhiteHawk equipment financing was refinanced. [B] WhiteHawk Promissory Note agreement with a term of 24 months. Refer to Note 14 – Stock Issued Under Master Financing Agreements and Warrants for further discussion. Pursuant to the Second WhiteHawk Amendment, Equipment LLC paid an amendment fee in the amount of $275,414 and a closing fee of $500,000 to WhiteHawk. These fees are included in deferred debt issuance costs. Refer to Note 33 – Subsequent Events for disclosure of the WhiteHawk Credit Agreement which closed on October 27, 2022, as a result of which the above WhiteHawk equipment financing was refinanced. [C] Arctos/NYDIG Financing Agreement (as defined below) [loan #1] with a term of 24 months. This debt tranche was extinguished as of September 30, 2022, as outlined below. [D] Arctos/NYDIG Financing Agreement [loan #2] with a term of 24 months. This debt tranche was extinguished as of September 30, 2022, as outlined below. [E] Arctos/NYDIG Financing Agreement [loan #3] with a term of 15 months. Deferred debt issuance costs of $232,353 are amortized over the term of the loan using the straight-line method. [F] Arctos/NYDIG Financing Agreement [loan #4] with a term of 21 months. Deferred debt issuance costs of $272,560 are amortized over the term of the loan using the straight-line method. [G] Second NYDIG Financing Agreement (as defined below) with a term of 24 months. This debt tranche was extinguished as of September 30, 2022, as outlined below. [H] Second NYDIG Financing Agreement with a term of 24 months. Deferred debt issuance costs of $449,600 are amortized over the term of the loan using the straight-line method. [I] Second NYDIG Financing Agreement with a term of 24 months. Deferred debt issuance costs of $449,600 are amortized over the term of the loan using the straight-line method.
Future Scheduled Maturities on the Outstanding Borrowings	Future scheduled maturities on the outstanding borrowings as of September 30, 2022, are as follows: Years ending December 31: 2022 remaining (1) $ 56,750,896 2023 40,484,040 2024 4,627,755 2025 222,234 2026 130,562 2027 10,471 $ 102,225,958 (1) 2022 includes the remaining four tranches of the NYDIG Debt, totaling $39,998,415, which were extinguished subsequent to quarter end.

CONTINGENCIES AND COMMITMENTS (

CONTINGENCIES AND COMMITMENTS (Tables)	9 Months Ended
	Sep. 30, 2022
Commitments and Contingencies Disclosure [Abstract]
Outstanding Future Commitments	The following table details the total equipment deposits of $24,385,876 as of September 30, 2022: Vendor Model Count Delivery Timeframe Total Unpaid [A] Transferred to Impairment Sold Equipment MinerVa [C] MinerVA 15,000 Oct '21 - TBD $68,887,550 — $(26,664,993) $(12,228,742) $(8,701,199) $21,292,616 Cryptech Bitmain 2,400 Nov '21 - Oct '22 12,656,835 — (9,563,575) — — 3,093,260 Northern Data MicroBT 9,900 Oct '21 - Jan '22 22,061,852 — (22,061,852) — — — Bitmain Technologies Limited Antminer S19j Pro 10,200 Apr '22 - Dec '22 60,814,500 (4,218,000) (23,951,500) — (32,645,000) — Bitmain Technologies Limited [D] Antminer S19 XP 1,800 Jul '22 - Dec '22 19,530,000 — — — (19,530,000) — Northern Data PA, LLC WhatsMiners 4,280 Jan '22 - June '22 11,340,374 — (11,340,374) — — — Totals 43,580 $195,291,111 $(4,218,000) $(93,582,294) $(12,228,742) $(60,876,199) $24,385,876 [A] Future commitments still owed to each vendor. Refer to Note 8 – Contingencies and Commitments for further details. [B] Miners that are delivered and physically placed in service are transferred to a fixed asset account at the respective unit price as defined in the agreement. [C] Refer to Note 8 – Contingencies and Commitments for a $4,499,980 refund that reduced the total commitments to $68,887,550 for this vendor. [D] The miner purchase contract was sold in May 2022 for $12,568,500 and a loss of $6,930,000 was recorded as a realized loss on sale of miner assets within the condensed consolidated statement of operations in the second quarter of 2022. Remaining Purchase Price $ 12,656,835 April 2021 - 30% $ (3,798,000) # Date After down payment $ 8,858,835 1 05/01/21 $ (211,000) $ 8,647,835 2 06/01/21 $ (211,000) $ 8,436,835 3 07/01/21 $ (211,000) $ 8,225,835 4 08/01/21 $ (211,000) $ 8,014,835 5 09/01/21 $ (211,000) $ 7,803,835 6 10/01/21 $ (738,500) $ 7,065,335 7 11/01/21 $ (738,500) $ 6,326,835 8 12/01/21 $ (738,500) $ 5,588,335 9 01/01/22 $ (738,500) $ 4,849,835 10 02/01/22 $ (738,500) $ 4,111,335 11 03/01/22 $ (738,500) $ 3,372,835 12 04/01/22 $ (738,500) $ 2,634,335 13 05/01/22 $ (524,335) $ 2,110,000 14 06/01/22 $ (527,500) $ 1,582,500 15 07/01/22 $ (527,500) $ 1,055,000 16 08/01/22 $ (527,500) $ 527,500 17 09/01/22 $ (527,500) $ —

RELATED-PARTY TRANSACTIONS (Tab

RELATED-PARTY TRANSACTIONS (Tables)	9 Months Ended
	Sep. 30, 2022
Related Party Transactions [Abstract]
Related Party Transactions	Fuel purchases under these agreements for the nine months ended September 30, 2022, and September 30, 2021, are as follows: September 30, 2022 September 30, 2021 Coal purchases: Northampton Fuel Supply Company, Inc. $ 2,225,864 $ 173,216 Coal Valley Sales, LLC 581,708 631,416 Total $ 2,807,572 $ 804,632 Amounts due to related parties as of September 30, 2022, and December 31, 2021, were as follows: September 30, 2022 December 31, 2021 Due to related parties: Coal Valley Properties, LLC $ 134,452 $ 134,452 Q Power LLC 500,000 500,000 Coal Valley Sales, LLC — 202,334 Panther Creek Energy Services 373,938 94,434 Panther Creek Fuel Services 124,904 47,967 Northampton Generating Co LP 282,615 321,738 Olympus Services LLC — 129,735 Scrubgrass Energy Services 701,770 — Scrubgrass Fuel Services 55,754 — Keystone Reclamation Fuel Management LLC 38,712 — TOTALS $ 2,212,145 $ 1,430,660

SEGMENT REPORTING (Tables)

SEGMENT REPORTING (Tables)	9 Months Ended
	Sep. 30, 2022
Segment Reporting [Abstract]
Schedule of Segment Reporting Information, by Segment	Reportable segment results for the three and nine months ended September 30, 2022, and 2021, are as follows: Three Months Ended, Nine Months Ended September 30, 2022 September 30, 2021 September 30, 2022 September 30, 2021 (unaudited) (unaudited) (unaudited) (unaudited) Operating Revenues: Energy Operations $ 12,371,797 $ 3,459,466 $ 31,629,528 $ 8,262,647 Cryptocurrency Operations 12,376,974 2,560,247 50,997,751 5,643,668 Total Operating Revenues $ 24,748,771 $ 6,019,713 $ 82,627,279 $ 13,906,315 Net Operating Income/(Loss): Energy Operations $ (16,086,915) $ (2,121,260) $ (39,915,660) $ (5,907,066) Cryptocurrency Operations (23,092,642) (1,824,772) (67,786,643) (1,896,152) Net Operating Income/(Loss) $ (39,179,557) $ (3,946,032) $ (107,702,303) $ (7,803,218) Other Income, net (a) $ (36,040,813) $ (2,333,997) $ (40,063,057) $ (1,958,776) Net Income/(Loss) $ (75,220,370) $ (6,280,029) $ (147,765,360) $ (9,761,994) Depreciation and Amortization: Energy Operations $ (1,292,241) $ (149,426) $ (3,874,894) $ (430,965) Cryptocurrency Operations (10,955,004) (1,008,948) (33,359,232) (2,032,584) Total Depreciation and Amortization $ (12,247,245) $ (1,158,374) $ (37,234,126) $ (2,463,549) Interest Expense: Energy Operations $ (15,864) $ (22,264) $ (71,933) $ (90,570) Cryptocurrency Operations (3,377,203) (2,438,404) (10,741,369) (2,504,181) Total Interest Expense $ (3,393,067) $ (2,460,668) $ (10,813,302) $ (2,594,751) (a) The Company does not allocate other income, net for segment reporting purposes. Amount is shown as a reconciling item between net operating income/(losses) and consolidated income before taxes. Refer to the condensed consolidated statements of operations for the three and nine months ended September 30, 2022, and 2021, for further details. September 30, 2022 September 30, 2021 Energy Operations Cryptocurrency Total Energy Cryptocurrency Total (unaudited) (unaudited) (unaudited) (unaudited) Cash and cash equivalents $ 1,866,394 $ 14,857,117 $ 16,723,511 $ 583,039 $ 40,851,371 $ 41,434,410 Digital currencies — 2,186,704 2,186,704 — 3,228,698 3,228,698 Digital currencies, restricted — — — — — — Accounts receivable 438,167 336,871 775,038 256,104 52,283 308,387 Due from related parties 58,735 — 58,735 — — — Prepaid insurance 490,090 490,090 980,180 139,269 139,269 278,538 Inventory 3,316,716 — 3,316,716 367,601 — 367,601 Assets held for sale — 39,008,651 39,008,651 — — — Other current assets 1,411,026 116,912 1,527,938 1,889,831 1,889,832 3,779,663 Security deposits 227,369 121,519 348,888 — — — Equipment deposits — 24,385,876 24,385,876 — 85,624,852 85,624,852 Property, plant and equipment, net 46,046,621 136,823,064 182,869,685 5,404,263 34,710,524 40,114,787 Land 1,748,439 — 1,748,439 29,919 — 29,919 Road bond 211,958 — 211,958 185,245 — 185,245 $ 55,815,516 $ 218,326,804 $ 274,142,319 $ 8,855,271 $ 166,496,829 $ 175,352,100

STOCK ISSUED UNDER MASTER FIN_2

STOCK ISSUED UNDER MASTER FINANCING AGREEMENTS AND WARRANTS (Tables)	9 Months Ended
	Sep. 30, 2022
Investments, Debt and Equity Securities [Abstract]
Schedule of Black Scholes Input Assumptions	The following are the Black-Scholes input assumptions for the 97,920 Series A warrants; and the changes in fair values as of April 1, 2021 (date of issuance), and October 19, 2021, respectively: As of Changes in April 1, 2021 October 19, 2021 Expected volatility 100.2 % 117.6 % 17.4 % Expected life (in years) 4.83 4.83 0 Risk-free interest rate 0.9 % 1.2 % 0.3 % Expected dividend yield 0.00 % 0.00 % 0.0 % Fair value $ 631,897 $ 1,628,311 $ 996,414 The following are the Black-Scholes input assumptions for the 18,170 Series B warrants; and the changes in fair values as of May 14, 2021 (date of issuance), and October 19, 2021, respectively: As of Changes in Fair Value Inputs May 14, 2021 October 19, 2021 Expected volatility 100.2 % 117.6 % 17.4 % Expected life (in years) 4.8 4.8 0 Risk-free interest rate 0.9 % 1.2 % 0.3 % Expected dividend yield 0.00 % 0.00 % 0.0 % Fair value $ 148,575 $ 295,970 $ 147,395 September 30, 2022 Expected volatility 134.7 % Expected life (in years) 4.75 Risk-free interest rate 2.95 % Expected dividend yield 0.00 % Fair value $20,110,511

REDEEMABLE COMMON STOCK (Tables

REDEEMABLE COMMON STOCK (Tables)	9 Months Ended
	Sep. 30, 2022
Temporary Equity Disclosure [Abstract]
Schedule of Redeemable Common Stock	The following is a summary of the Series A and Series B valuations: Series A Series B Proceeds $ 85,000,000 $ 20,000,305 Transaction fees: B. Riley Securities (5,100,000) (1,200,000) Legal and Filing Fees (1,226,990) (408,997) Debt issuance costs pertaining to stock registration warrants - refer to Note 14 (631,897) (148,575) Total net mezzanine equity $ 78,041,113 $ 18,242,733 Conversion to common Class A shares $ (78,041,113) $ (18,242,733) Remaining in net mezzanine equity $ — $ — Non- controlling Interest (1) Series A Series B Common - Class V Preferred Shares Amount Preferred Shares Amount Shares Amount Total Balance - December 31, 2021 $ — — $ — 27,057,600 $ 301,052,617 $ 301,052,617 Net loss - January 1 to September 30, 2022 (82,905,233) (82,905,233) Maximum redemption right valuation (188,713,856) (188,713,856) Balance - September 30, 2022 $ — — $ — — $ — 27,057,600 $ 29,433,528 $ 29,433,528 _______________

NON-CONTROLLING INTEREST (Table

NON-CONTROLLING INTEREST (Tables)	9 Months Ended
	Sep. 30, 2022
Noncontrolling Interest [Abstract]
Schedule of Noncontrolling Ownership Interest	The following summarizes the redeemable common stock adjustments pertaining to the noncontrolling interest from April 1, 2021, through September 30, 2022: Temporary Equity Adjustments Balance - April 1, 2021 (1) $ (2,877,584) Net loss for the three months ended June 30, 2021 (2,235,219) Maximum redemption right valuation (2) 172,774,052 Balance - June 30, 2021 $ 167,661,249 Net loss for the three months ended September 30, 2021 (4,328,460) Adjustment of mezzanine equity to redemption amount (3) 79,669,600 Balance - September 30, 2021 $ 243,002,389 Net loss for the three months ended December 31, 2021 (8,594,196) Adjustment of temporary equity to redemption amount (4) 66,644,424 Balance - December 31, 2021 $ 301,052,617 Net loss for the three months ended March 31, 2022 (18,125,837) Adjustment of temporary equity to redemption amount (5) (110,222,560) Balance - March 31, 2022 $ 172,704,220 Net loss for the three months ended June 30, 2022 (22,576,255) Adjustment of temporary equity to redemption amount (6) (102,888,062) Balance - June 30, 2022 $ 47,239,903 Net loss for the three months ended September 30, 2022 (42,203,141) Adjustment of temporary equity to redemption amount (7) 24,396,766 Balance - September 30, 2022 $ 29,433,528 (1) As of the date of reorganization - refer to Note 1 – Business Combinations. (2) Based on 27,057,600 Class V Common stock outstanding at $6.39 issuance price as of April 1, 2021. (3) Based on 27,057,600 Class V Common stock outstanding at $9.33 fair valuation price as of September 30, 2021. (4) Based on 27,057,600 Class V Common stock outstanding at $11.99 fair valuation price as of December 31, 2021, using a 10-day variable weighted average price ("VWAP") of trading dates including the closing date. (5) Based on 27,057,600 Class V Common stock outstanding at $7.72 fair valuation price as of March 31, 2022, using a 10-day VWAP of trading dates including the closing date. (6) Based on 27,057,600 Class V Common stock outstanding at $1.75 fair valuation price as of June 30, 2022, using a 10-day VWAP of trading dates including the closing date. (7) Based on 27,057,600 Class V Common stock outstanding at $1.09 fair valuation price as of September 30, 2022, using a 10-day VWAP of trading dates including the closing date.
Schedule of Stockholders Equity	The following summarizes the permanent equity adjustments pertaining to the noncontrolling interest from November 2, 2021 (date of issuance), through September 30, 2022: Permanent Equity Adjustments Balance - November 2, 2021 (1) $ 38,315,520 Net loss (645,359) Balance - December 31, 2021 $ 37,670,161 Net loss (771,800) Balance - March 31, 2022 $ 36,898,361 Net loss (961,300) Balance - June 30, 2022 $ 35,937,061 Net loss (1,797,014) Balance - September 30, 2022 $ 34,140,047 (1) As of November 2, 2021, the date of issuance. 1,152,000 Series A Preferred units outstanding at $33.26 per public trading share price (Nasdaq closing price).

EARNINGS (LOSS) PER SHARE (Tabl

EARNINGS (LOSS) PER SHARE (Tables)	9 Months Ended
	Sep. 30, 2022
Earnings Per Share [Abstract]
Schedule of Earnings (Loss) Per Share, Basic and Diluted	The following table sets forth reconciliations of the numerators and denominators used to compute basic earnings (loss) per share of Class A common stock for the three and nine months ended September 30, 2022. Three Months Ended September 30, Nine Months Ended 2022 2021 2022 2021 Numerator: Net loss $ (75,220,370) $ (6,280,029) $ (147,765,360) $ (9,761,994) Less: net loss attributable to noncontrolling interest $ (44,000,155) $ (4,328,460) $ (86,435,347) $ (6,730,940) Net loss attributable to Stronghold Digital Mining, Inc. $ (31,220,215) $ (1,951,569) $ (61,330,013) $ (3,031,054) Denominator: Weighted average number of Class A common shares outstanding 24,631,626 322,342 21,772,057 173,532 Basic net loss per share $ (1.27) $ (6.05) $ (2.82) $ (17.05) Diluted net loss per share $ (1.27) $ (6.05) $ (2.82) $ (17.05)
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share	Securities that could potentially dilute earnings (loss) per share in the future that were not included in the computation of diluted loss per share for the three and nine months ended September 30, 2022, because their inclusion would be antidilutive, are as follows: September 30, 2022 Series A preferred units not yet exchanged for Common A shares 1,152,000 Class V common shares not yet exchanged for Class A common shares 27,057,600 Total 28,209,600

ASPEN INTEREST (_OLYMPUS_) BU_2

ASPEN INTEREST (“OLYMPUS”) BUYOUT (Tables)	9 Months Ended
	Sep. 30, 2022
Business Reorganization [Abstract]
Partners' Deficit of Aspen Interest	The following table details the Partners’ Deficit of the Aspen Interest as of April 1, 2021: Limited Partners Balance - December 31, 2020 $ (1,336,784) Net loss - three months ended March 31, 2021 (71,687) Balance - April 1, 2021 $ (1,408,471)

SUPPLEMENTAL CASH AND NON-CAS_2

SUPPLEMENTAL CASH AND NON-CASH INFORMATION (Tables)	9 Months Ended
	Sep. 30, 2022
Additional Cash Flow Elements and Supplemental Cash Flow Information [Abstract]
Schedule of Cash Flow, Supplemental Disclosures	Supplementary cash flows disclosures as of September 30, 2022, and 2021: September 30, 2022 September 30, 2021 Acquisition of PP&E included in accrued liabilities $ 4,197,350 $ — Reclassifications from deposits to PP&E $ 54,207,076 $ — Equipment financed with debt $ 60,256,322 $ 63,389,457 McClymonds arbitration award – paid by Q Power $ 5,038,122 $ — Interest paid on equipment financings $ 2,536,789 $ 2,594,751 Supplementary non-cash financing activities as of September 30, 2022, and 2021: September 30, 2022 September 30, 2021 Issued as part of equipment debt financing: Warrants - WhiteHawk $ 1,150,000 $ 1,999,396 Common Class A shares - NYDIG — 1,389,888 Warrants issued as part of stock registrations - B. Riley Warrants — 780,472 Series A redeemable and convertible preferred stock units - Aspen Interest buyout — 5,000,000 Warrants issued as part of convertible note 6,604,881 — Premium financing 523,076 — Total $ 8,277,957 $ 9,169,756

ACCRUED LIABILITIES (Tables)

ACCRUED LIABILITIES (Tables)	9 Months Ended
	Sep. 30, 2022
Payables and Accruals [Abstract]
Schedule of Accrued Liabilities	Other accrued liabilities consist of the following: September 30, 2022 December 31, 2021 Legal and professional fees $ 612,816 $ 1,457,727 Payroll and taxes — 73,819 Shipping and handling 229,680 230,779 Interest expense 865,492 79,267 Sales and use taxes 4,756,605 2,609,664 Upcharge penalties reserve 420,126 420,126 Rent 131,598 — Accrued miscellaneous expenses 130,941 182,575 Fuel and purchased power 238,000 — Total $ 7,385,258 $ 5,053,957

ACQUISITION (Tables)

ACQUISITION (Tables)	9 Months Ended
	Sep. 30, 2022
Business Combination and Asset Acquisition [Abstract]
Fair Value of Identifiable Assets and Liabilities as of Acquisition Date	The following represented the fair value of the identifiable assets and liabilities as of the acquisition date of November 2, 2021: The purchase price allocation was as follows (in thousands): Cash and cash equivalents $ 491 Accounts receivable - trade 831 Prepaids and other current assets 429 Materials and supplies 1,559 Land and Rights of Way 1,727 Property, plant and equipment 43,782 Accounts payable (2,943) Accrued expenses (298) Due to related parties (73) Total identifiable assets and liabilities 45,505 Total purchase consideration (1) $ 45,505 (1) The $45.5 million purchase price consideration consisted of $38.316 million fair value of 1,152,000 Series A Redeemable Preferred Units (registered for public sale), $2.192 million in cash (net of a purchase of plant site 50% share or $808 thousand), $501 thousand in asset retirement obligations, $218 thousand in assumed notes payable, $613 thousand in purchase related legal and professional fees, and $3.665 million related to the settlement of various existing relationship payables (partially offset by receivables).

PRIVATE PLACEMENTS (Tables)

PRIVATE PLACEMENTS (Tables)	9 Months Ended
	Sep. 30, 2022
Equity [Abstract]
Schedule of Black Scholes Input Assumptions	The following are the Black-Scholes input assumptions for the 97,920 Series A warrants; and the changes in fair values as of April 1, 2021 (date of issuance), and October 19, 2021, respectively: As of Changes in April 1, 2021 October 19, 2021 Expected volatility 100.2 % 117.6 % 17.4 % Expected life (in years) 4.83 4.83 0 Risk-free interest rate 0.9 % 1.2 % 0.3 % Expected dividend yield 0.00 % 0.00 % 0.0 % Fair value $ 631,897 $ 1,628,311 $ 996,414 The following are the Black-Scholes input assumptions for the 18,170 Series B warrants; and the changes in fair values as of May 14, 2021 (date of issuance), and October 19, 2021, respectively: As of Changes in Fair Value Inputs May 14, 2021 October 19, 2021 Expected volatility 100.2 % 117.6 % 17.4 % Expected life (in years) 4.8 4.8 0 Risk-free interest rate 0.9 % 1.2 % 0.3 % Expected dividend yield 0.00 % 0.00 % 0.0 % Fair value $ 148,575 $ 295,970 $ 147,395 September 30, 2022 Expected volatility 134.7 % Expected life (in years) 4.75 Risk-free interest rate 2.95 % Expected dividend yield 0.00 % Fair value $20,110,511

BUSINESS COMBINATIONS (Details)

BUSINESS COMBINATIONS (Details)							9 Months Ended
	Oct. 19, 2021 USD ($) $ / shares	May 14, 2021 USD ($) shares	Apr. 01, 2021 USD ($) $ / shares shares	Mar. 31, 2021 a subsidiary	Sep. 24, 2020 owner	Feb. 12, 2020	Sep. 30, 2022 USD ($) subsidiary shares	Sep. 30, 2021 USD ($)	Dec. 31, 2021 shares
Preferred Units [Line Items]
Sale of stock (in USD per share) | $ / shares	$ 19
Sale of stock, consideration received | $	$ 131,500,000
Shares issued in business reorganization (in shares)			576,000
Payment for business reorganization | $			$ 2,000,000				$ 0	$ 2,000,000
Consideration transferred | $			7,000,000
Equity interest issued value | $			$ 5,000,000
Issuance price (in dollars per share) | $ / shares			$ 8.68
Shares exchanged (in shares)			14,400
Common stock outstanding (in shares)							23,063,813		20,016,067
Redeemable Convertible Preferred Stock, Series A | Private Placement
Preferred Units [Line Items]
Stock issued and sold during period (in shares)			9,792,000
Sale of stock (in USD per share) | $ / shares			$ 8.68
Sale of stock, consideration received | $			$ 85,000,000
Payments of fees | $			6,300,000
Payments of debt issuance costs | $			$ 631,897
Redeemable Convertible Preferred Stock, Series B | Private Placement
Preferred Units [Line Items]
Stock issued and sold during period (in shares)		1,817,035
Sale of stock, consideration received | $		$ 20,000,305
Payments of fees | $		1,600,000
Payments of debt issuance costs | $		$ 148,575
Stronghold LLC
Preferred Units [Line Items]
Shares exchanged in business reorganization (in shares)			14,400
Q Power LLC
Preferred Units [Line Items]
Shares exchanged (in shares)			14,400
Q Power LLC | Common Stock - Class V
Preferred Units [Line Items]
Common stock outstanding (in shares)			27,057,600
Q Power LLC | Common Class A
Preferred Units [Line Items]
Common stock outstanding (in shares)			14,400
Stronghold LLC
Preferred Units [Line Items]
Ownership percentage by noncontrolling owners			31%
Q Power LLC
Preferred Units [Line Items]
Ownership interest per member					50%
Number of owners | owner					2
Q Power LLC | Stronghold LLC
Preferred Units [Line Items]
Shares received in business reorganization (in shares)			27,072,000
Q Power LLC | Scrubgrass LP
Preferred Units [Line Items]
Ownership interest				70%
Q Power LLC | Stronghold Inc.
Preferred Units [Line Items]
Common stock, ownership percentage			69%
Q Power LLC | Stronghold LLC
Preferred Units [Line Items]
Ownership interest			69%				56.10%
Q Power LLC | Stronghold Power LLC
Preferred Units [Line Items]
Ownership interest						100%
Aspen Scrubgrass Participant LLC | Scrubgrass LP
Preferred Units [Line Items]
Ownership interest				30%
Stronghold Inc. | Stronghold LLC | Common Stock - Class V
Preferred Units [Line Items]
Shares exchanged in business reorganization (in shares)			27,072,000
Stronghold LLC
Preferred Units [Line Items]
Conversion ratio			100%
Stronghold LLC | Stronghold Inc.
Preferred Units [Line Items]
Shares exchanged in business reorganization (in shares)			10,368,000
Limited partners' capital units outstanding (in shares)			14,400
Preferred units outstanding (in shares)			10,368,000
Stronghold LLC | Q Power LLC
Preferred Units [Line Items]
Common unit outstanding (in shares)			27,057,600
Stronghold LLC | Q Power LLC | Common Stock - Class V
Preferred Units [Line Items]
Shares distributed in business reorganization (in shares)			27,072,000
Scrubgrass Generating Company, L.P.
Preferred Units [Line Items]
Number of subsidiaries | subsidiary				2			2
Clearfield Properties, Inc.
Preferred Units [Line Items]
Area of land (in acres) | a				175

NATURE OF OPERATIONS AND SIGN_4

NATURE OF OPERATIONS AND SIGNIFICANT ACCOUNTING POLICIES - Nature of Operations (Details)	9 Months Ended
	Sep. 30, 2022 USD ($) renewal_term
Principal Transaction Revenue [Line Items]
Contract with supplier, number of renewal terms | renewal_term	3
Reported energy revenue, percentage	100%
Direct Energy Business Marketing LLC (DEBM)
Principal Transaction Revenue [Line Items]
Payments to suppliers, monthly amount | $	$ 7,500

NATURE OF OPERATIONS AND SIGN_5

NATURE OF OPERATIONS AND SIGNIFICANT ACCOUNTING POLICIES - Cash and Cash Equivalents and Digital Currencies (Details)				3 Months Ended			9 Months Ended		12 Months Ended
	Jul. 27, 2022 USD ($)	Mar. 16, 2022 USD ($) $ / bitcoin	Dec. 15, 2021 USD ($) bitcoin $ / bitcoin	Sep. 30, 2022 USD ($)	Mar. 31, 2022 USD ($) $ / bitcoin	Sep. 30, 2021 USD ($)	Sep. 30, 2022 USD ($)	Sep. 30, 2021 USD ($)	Dec. 31, 2021 USD ($)
Indefinite-lived Intangible Assets [Line Items]
Restricted cash				$ 400,000			$ 400,000
Indefinite-lived Intangible Assets [Roll Forward]
Realized gain (loss) on sale of digital currencies				185,396		$ 0	936,506	$ 149,858
Impairments				(465,651)		(91,040)	(8,176,868)	(466,286)
Digital currencies, restricted				0		0	0	0	$ 2,699,644
Digital currencies				2,186,704		$ 3,228,698	2,186,704	3,228,698	7,718,221
Compound Derivative Instrument
Indefinite-lived Intangible Assets [Roll Forward]
Number of derivative instruments to be sold (in bitcoin) | bitcoin			250
Derivative floor price (in dollars per bitcoin) | $ / bitcoin			28,000
Capped price (in dollars per bitcoin) | $ / bitcoin		50,000	85,500		50,000
Forward sale contract prepayment		$ 1,000,000	$ 7,000,000		$ 970,000
Number of derivative instruments pledged as collateral | bitcoin			250
Digital currencies
Indefinite-lived Intangible Assets [Roll Forward]
Digital currencies at beginning of period					$ 10,417,865		10,417,865	$ 228,087	228,087
Additions of digital currencies							50,715,424		12,494,581
Realized gain (loss) on sale of digital currencies							936,506		149,858
Impairments							(8,176,868)		(1,870,274)
Proceeds from sale of digital currencies							(47,146,328)		(584,387)
Collateral sold to close derivative							(4,559,895)		0
Digital currencies at end of period				$ 2,186,704			$ 2,186,704		$ 10,417,865
Cash received from sale of digital currencies	$ 220,000

NATURE OF OPERATIONS AND SIGN_6

NATURE OF OPERATIONS AND SIGNIFICANT ACCOUNTING POLICIES - Accounts Receivable, Derivative Contracts and Cryptocurrency Machines (Details) - USD ($)		3 Months Ended	9 Months Ended
	Apr. 01, 2022	Mar. 31, 2022	Sep. 30, 2022	Dec. 31, 2021
Property, Plant and Equipment [Line Items]
Accounts receivable, allowance for credit loss			$ 0	$ 0
Settlement terms dispute, term			35 days
Cryptocurrency machines
Property, Plant and Equipment [Line Items]
Useful life	3 years	2 years

NATURE OF OPERATIONS AND SIGN_7

NATURE OF OPERATIONS AND SIGNIFICANT ACCOUNTING POLICIES - Segments, Redeemable Common Stock and Loss per Share (Details)		3 Months Ended	9 Months Ended
	Apr. 01, 2021	Mar. 31, 2022 shares	Sep. 30, 2022 segment shares
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Number of operating segments | segment			2
Antidilutive securities excluded from computation of earnings per share (in shares) | shares		0	28,209,600
Stronghold LLC | Q Power LLC
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Ownership interest	69%		56.10%

NATURE OF OPERATIONS AND SIGN_8

NATURE OF OPERATIONS AND SIGNIFICANT ACCOUNTING POLICIES - Income Taxes (Details) - subsidiary	Sep. 30, 2022	Mar. 31, 2021
Scrubgrass Generating Company, L.P.
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Number of subsidiaries	2	2

INVENTORIES (Details)

INVENTORIES (Details) - USD ($)	Sep. 30, 2022	Dec. 31, 2021	Sep. 30, 2021
Inventory Disclosure [Abstract]
Waste coal	$ 3,101,726	$ 3,238,383
Fuel oil	147,550	94,913
Limestone	67,440	38,958
TOTALS	$ 3,316,716	$ 3,372,254	$ 367,601

EQUIPMENT DEPOSITS - Narrative

EQUIPMENT DEPOSITS - Narrative (Details)	3 Months Ended			9 Months Ended
	Sep. 30, 2022 USD ($) miner petahash $ / terahash	Jun. 30, 2022 USD ($) miner	Sep. 30, 2021 USD ($)	Sep. 30, 2022 USD ($) miner vendor petahash $ / terahash	Sep. 30, 2021 USD ($)	Mar. 31, 2022 USD ($)	Dec. 07, 2021 miner	Jun. 30, 2021 miner	Apr. 02, 2021 miner	Apr. 01, 2021 miner_equipment miner
Unrecorded Unconditional Purchase Obligation [Line Items]
Number of vendors | vendor				5
Number of miners | miner	43,580			43,580
Impairment	$ 12,228,742			$ 12,228,742
Loss on sale of miners	$ 0		$ 0	$ 8,012,248	$ 0
Cryptocurrency machines
Unrecorded Unconditional Purchase Obligation [Line Items]
Number of miners sold | miner		3,425
Total petahash per second delivered by miners sold (in petahash) | petahash	411			411
Miners sold		$ 21,857,028
Cost per terahash for miners sold (in USD per terahash) | $ / terahash	50.70			50.70
Loss on sale of miners		8,012,248
Proceeds from sale of miners		$ 13,844,780
Number of miners returned | miner	26,000
Number of miners plugged in and operating prior to delivery | miner	18,700
Miner Equipment, Cryptech, Bitmain
Unrecorded Unconditional Purchase Obligation [Line Items]
Number of miners	2,400			2,400			1,000			2,400
Number of miners per month | miner	200			200						200
Delivery period				12 months
Impairment	$ 0			$ 0
MinerVa, MinerVA
Unrecorded Unconditional Purchase Obligation [Line Items]
Number of miners | miner	15,000			15,000				15,000	15,000
Impairment	$ 12,228,742			$ 12,228,742		$ 12,228,742

EQUIPMENT DEPOSITS - Schedule o

EQUIPMENT DEPOSITS - Schedule of Equipment Deposits (Details)	1 Months Ended	3 Months Ended		9 Months Ended
	May 31, 2022 USD ($)	Sep. 30, 2022 USD ($) miner	Sep. 30, 2021 USD ($)	Sep. 30, 2022 USD ($) miner	Sep. 30, 2021 USD ($)	Sep. 01, 2022 USD ($)	Aug. 01, 2022 USD ($)	Jul. 01, 2022 USD ($)	Jun. 01, 2022 USD ($)	May 01, 2022 USD ($)	Apr. 01, 2022 USD ($)	Mar. 31, 2022 USD ($)	Mar. 28, 2022 miner	Mar. 01, 2022 USD ($)	Feb. 01, 2022 USD ($)	Jan. 01, 2022 USD ($)	Dec. 31, 2021 USD ($)	Dec. 07, 2021 USD ($) miner	Dec. 01, 2021 USD ($)	Nov. 01, 2021 USD ($)	Oct. 01, 2021 USD ($)	Sep. 01, 2021 USD ($)	Aug. 01, 2021 USD ($)	Jul. 01, 2021 USD ($)	Jun. 30, 2021 miner	Jun. 01, 2021 USD ($)	May 01, 2021 USD ($)	Apr. 14, 2021 miner	Apr. 02, 2021 USD ($) miner	Apr. 01, 2021 USD ($) miner_equipment
Unrecorded Unconditional Purchase Obligation [Line Items]
Count (in miners) | miner		43,580		43,580
Total Commitments		$ 195,291,111		$ 195,291,111
Unpaid		(4,218,000)		(4,218,000)
Transferred to PP&E		(93,582,294)		(93,582,294)
Impairment		(12,228,742)		(12,228,742)
Sold		(60,876,199)		(60,876,199)
Equipment deposits		24,385,876	$ 85,624,852	24,385,876	$ 85,624,852												$ 130,999,398
Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property		$ 0	$ 0	$ (8,012,248)	$ 0
MinerVa, MinerVA
Unrecorded Unconditional Purchase Obligation [Line Items]
Count (in miners) | miner		15,000		15,000																					15,000				15,000
Total Commitments		$ 68,887,550		$ 68,887,550																									$ 73,387,500
Unpaid		0		0
Transferred to PP&E		(26,664,993)		(26,664,993)
Impairment		(12,228,742)		(12,228,742)								$ (12,228,742)
Sold		(8,701,199)		(8,701,199)
Equipment deposits		21,292,616		21,292,616
Refund		$ 4,499,980		$ 4,499,980
Cryptech, Bitmain
Unrecorded Unconditional Purchase Obligation [Line Items]
Count (in miners)		2,400		2,400														1,000												2,400
Total Commitments		$ 12,656,835		$ 12,656,835														$ 8,592,000				$ 7,803,835	$ 8,014,835	$ 8,225,835		$ 8,436,835	$ 8,647,835		8,858,835	$ 12,656,835
Unpaid		0		0		$ 0	$ (527,500)	$ (1,055,000)	$ (1,582,500)	$ (2,110,000)	$ (2,634,335)			$ (3,372,835)	$ (4,111,335)	$ (4,849,835)			$ (5,588,335)	$ (6,326,835)	$ (7,065,335)								$ (8,862,000)
Transferred to PP&E		(9,563,575)		(9,563,575)
Impairment		0		0
Sold		0		0
Equipment deposits		$ 3,093,260		$ 3,093,260
Northern Data, MicroBT
Unrecorded Unconditional Purchase Obligation [Line Items]
Count (in miners) | miner		9,900		9,900									2,675															9,900
Total Commitments		$ 22,061,852		$ 22,061,852
Unpaid		0		0
Transferred to PP&E		(22,061,852)		(22,061,852)
Impairment		0		0
Sold		0		0
Equipment deposits		$ 0		$ 0
Bitmain Technologies Limited, Antminer, S19j Pro
Unrecorded Unconditional Purchase Obligation [Line Items]
Count (in miners) | miner		10,200		10,200
Total Commitments		$ 60,814,500		$ 60,814,500
Unpaid		(4,218,000)		(4,218,000)
Transferred to PP&E		(23,951,500)		(23,951,500)
Impairment		0		0
Sold		(32,645,000)		(32,645,000)
Equipment deposits		$ 0		$ 0
BitMain Technologies Limited, Antminer, S19 XP
Unrecorded Unconditional Purchase Obligation [Line Items]
Count (in miners) | miner		1,800		1,800
Total Commitments		$ 19,530,000		$ 19,530,000
Unpaid		0		0
Transferred to PP&E		0		0
Impairment		0		0
Sold		(19,530,000)		(19,530,000)
Equipment deposits		$ 0		$ 0
Miners sold	$ 12,568,500
Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property	$ (6,930,000)
Northern Data PA, LLC, WhatsMiners
Unrecorded Unconditional Purchase Obligation [Line Items]
Count (in miners) | miner		4,280		4,280
Total Commitments		$ 11,340,374		$ 11,340,374
Unpaid		0		0
Transferred to PP&E		(11,340,374)		(11,340,374)
Impairment		0		0
Sold		0		0
Equipment deposits		$ 0		$ 0

PROPERTY, PLANT AND EQUIPMENT_2

PROPERTY, PLANT AND EQUIPMENT (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021	Dec. 31, 2021
Property, Plant and Equipment [Line Items]
Depreciation and amortization	$ 12,247,245	$ 1,158,374	$ 37,234,126	$ 2,463,549
Property, Plant And Equipment, Excluding Land
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	245,913,035		245,913,035		$ 201,286,355
Accumulated depreciation and amortization	(63,043,350)		(63,043,350)		(34,629,200)
TOTALS	182,869,685		182,869,685		166,657,155
Electric plant
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	66,295,810		$ 66,295,810		66,153,985
Electric plant | Minimum
Property, Plant and Equipment [Line Items]
Useful life			10 years
Electric plant | Maximum
Property, Plant and Equipment [Line Items]
Useful life			60 years
Power transformers
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	52,293,758		$ 52,293,758		7,489,472
Power transformers | Minimum
Property, Plant and Equipment [Line Items]
Useful life			8 years
Power transformers | Maximum
Property, Plant and Equipment [Line Items]
Useful life			30 years
Machinery and equipment
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	18,207,669		$ 18,207,669		12,015,811
Machinery and equipment | Minimum
Property, Plant and Equipment [Line Items]
Useful life			5 years
Machinery and equipment | Maximum
Property, Plant and Equipment [Line Items]
Useful life			20 years
Cryptocurrency machines and powering supplies
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	95,197,331		$ 95,197,331		78,505,675
Cryptocurrency machines and powering supplies | Minimum
Property, Plant and Equipment [Line Items]
Useful life			2 years
Cryptocurrency machines and powering supplies | Maximum
Property, Plant and Equipment [Line Items]
Useful life			3 years
Computer hardware and software
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	17,196		$ 17,196		56,620
Computer hardware and software | Minimum
Property, Plant and Equipment [Line Items]
Useful life			2 years
Computer hardware and software | Maximum
Property, Plant and Equipment [Line Items]
Useful life			5 years
Vehicles and trailers
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	598,569		$ 598,569		155,564
Vehicles and trailers | Minimum
Property, Plant and Equipment [Line Items]
Useful life			2 years
Vehicles and trailers | Maximum
Property, Plant and Equipment [Line Items]
Useful life			7 years
Construction in progress
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	12,461,250		$ 12,461,250		36,067,776
Asset retirement obligation
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	580,452		$ 580,452		580,452
Asset retirement obligation | Minimum
Property, Plant and Equipment [Line Items]
Useful life			10 years
Asset retirement obligation | Maximum
Property, Plant and Equipment [Line Items]
Useful life			30 years
Rolling Stock
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	$ 261,000		$ 261,000		$ 261,000
Rolling Stock | Minimum
Property, Plant and Equipment [Line Items]
Useful life			5 years
Rolling Stock | Maximum
Property, Plant and Equipment [Line Items]
Useful life			7 years

LONG-TERM DEBT - Schedule of Lo

LONG-TERM DEBT - Schedule of Long-Term Debt (Details) - USD ($)	Sep. 30, 2022	Apr. 29, 2022	Mar. 28, 2022	Dec. 31, 2021	Oct. 21, 2021	Jun. 30, 2021
Debt Instrument [Line Items]
Long-term debt, gross	$ 102,225,958			$ 73,874,963
Outstanding loan	90,605,752			50,099,372
Deferred debt issuance costs	2,269,467			2,854,787
Discounts from issuance of stock	0			1,042,416
Discounts from issuance of warrants	1,743,499			1,499,547
Long-term debt less current portions, deferred costs, & discounts	7,607,240			18,378,841
Loans payable | $66,076 loan, with interest at 5.55%, due July 2021.
Debt Instrument [Line Items]
Debt face amount	$ 66,076
Interest rate	5.55%
Long-term debt, gross	$ 0			3,054
Loans payable | $75,000 loan, with interest at 12.67%, due April 2021.
Debt Instrument [Line Items]
Debt face amount	$ 75,000
Interest rate	12.67%
Long-term debt, gross	$ 0			7,312
Loans payable | $499,520 loan, with interest at 2.49%, due December 2023.
Debt Instrument [Line Items]
Debt face amount	$ 499,520
Interest rate	2.49%
Long-term debt, gross	$ 150,089			232,337
Loans payable | $499,895 loan, with interest at 2.95%, due July 2023.
Debt Instrument [Line Items]
Debt face amount	$ 499,895
Interest rate	2.95%
Long-term debt, gross	$ 153,985			246,720
Loans payable | $212,675 loan, with interest at 6.75%, due October 2022.
Debt Instrument [Line Items]
Debt face amount	$ 212,675
Interest rate	6.75%
Long-term debt, gross	$ 0			103,857
Loans payable | $517,465 loan, with interest at 4.78%, due October 2024.
Debt Instrument [Line Items]
Debt face amount	$ 517,465
Interest rate	4.78%
Long-term debt, gross	$ 381,452			490,600
Loans payable | $431,825 loan, with interest at 7.60%, due April 2024.
Debt Instrument [Line Items]
Debt face amount	$ 431,825
Interest rate	7.60%
Long-term debt, gross	$ 142,898			204,833
Loans payable | $565,500 loan, with interest at 4.48%, due January 2027.
Debt Instrument [Line Items]
Debt face amount	$ 565,500
Interest rate	4.48%
Long-term debt, gross	$ 495,897			0
Loans payable | $523,076 financing agreement for insurance, with interest at 5.99%, due March 2023.
Debt Instrument [Line Items]
Debt face amount	$ 523,076
Interest rate	5.99%	5.99%
Long-term debt, gross	$ 307,385	$ 478,283		0
Loans payable | $6,900,000 financing agreement for insurance, with interest at 3.45%, due July 2022.
Debt Instrument [Line Items]
Debt face amount	$ 6,900,000
Interest rate	3.45%				3.454%
Long-term debt, gross	$ 0			4,299,721	$ 5,500,000
Loans payable | $40,000,000 loan, with interest at 10.00%, due June 2023.
Debt Instrument [Line Items]
Debt face amount	$ 40,000,000					$ 40,000,000
Interest rate	10%					10%
Long-term debt, gross	$ 17,639,433			30,734,045
Long-term debt, term	24 months					24 months
Amendment fee	$ 250,000		$ 275,414
Closing fee			500,000
Loans payable | $33,750,000 loan, with interest at 10.00%, due May 2024.
Debt Instrument [Line Items]
Debt face amount	$ 33,750,000		$ 25,000,000
Interest rate	10%		10%
Long-term debt, gross	$ 20,194,118			0
Long-term debt, term	24 months		24 months
Amendment fee	$ 275,414
Closing fee	500,000
Loans payable | $10,641,362 loan, with interest at 10.00%, due June 2023.
Debt Instrument [Line Items]
Debt face amount	$ 10,641,362
Interest rate	10%
Long-term debt, gross	$ 0			8,176,302
Long-term debt, term	24 months
Loans payable | $14,077,800 loan, with interest at 10.00%, due June 2023.
Debt Instrument [Line Items]
Debt face amount	$ 14,077,800
Interest rate	10%
Long-term debt, gross	$ 0			10,816,694
Long-term debt, term	24 months
Loans payable | $5,808,816 loan, with interest at 10.00%, due April 2023.
Debt Instrument [Line Items]
Debt face amount	$ 5,808,816
Interest rate	10%
Long-term debt, gross	$ 3,571,674			0
Long-term debt, term	15 months
Deferred debt issuance costs	$ 232,353
Loans payable | $6,814,000 loan, with interest at 10.00%, due October 2023.
Debt Instrument [Line Items]
Debt face amount	$ 6,814,000
Interest rate	10%
Long-term debt, gross	$ 4,986,747			0
Long-term debt, term	21 months
Deferred debt issuance costs	$ 272,560
Loans payable | $17,984,000 maximum advance loan, with interest at 9.99%, due December 2023. Balance is what has been advanced as of September 30, 2022.
Debt Instrument [Line Items]
Debt face amount	$ 17,984,000
Interest rate	9.99%
Long-term debt, gross	$ 0			10,790,400
Long-term debt, term	24 months
Loans payable | $17,984,000 maximum advance loan, with interest at 9.99%, due December 2023. Balance is what has been advanced as of September 30, 2022.
Debt Instrument [Line Items]
Debt face amount	$ 17,984,000
Interest rate	9.99%
Long-term debt, gross	$ 17,052,794			7,769,088
Long-term debt, term	24 months
Deferred debt issuance costs	$ 449,600
Loans payable | $17,984,000 maximum advance loan, with interest at 9.99%, due December 2023. Balance is what has been advanced as of September 30, 2022.
Debt Instrument [Line Items]
Debt face amount	$ 17,984,000
Interest rate	9.99%
Long-term debt, gross	$ 14,387,200			0
Long-term debt, term	24 months
Deferred debt issuance costs	$ 449,600
Loans payable | $92,381 loan, with interest at 1.49%, due April 2026.
Debt Instrument [Line Items]
Debt face amount	$ 92,381
Interest rate	1.49%
Long-term debt, gross	$ 84,891			0
Loans payable | $64,136 loan, with interest at 11.85%, due May 2024.
Debt Instrument [Line Items]
Debt face amount	$ 64,136
Interest rate	11.85%
Long-term debt, gross	$ 42,986
Loans payable | $196,909 loan, with interest at 6.49%, due May 2024.
Debt Instrument [Line Items]
Debt face amount	$ 196,909
Interest rate	6.49%
Long-term debt, gross	$ 196,909			0
Convertible Debt | $33,750,000 Convertible Note, with interest at 10.00%, due May 2024.
Debt Instrument [Line Items]
Long-term debt, gross	$ 22,437,500			$ 0

LONG-TERM DEBT - Narrative (Det

LONG-TERM DEBT - Narrative (Details)		3 Months Ended		9 Months Ended
	Aug. 16, 2022	Sep. 30, 2022 USD ($) tranche	Sep. 30, 2021 USD ($)	Sep. 30, 2022 USD ($) tranche	Sep. 30, 2021 USD ($)	Oct. 13, 2022 tranche
Extinguishment of Debt [Line Items]
Incurred loss		$ 19,475,514
Loss on debt extinguishment		28,697,021	$ 0	$ 28,697,021	$ 0
Impairment on assets held for sale		4,159,004	$ 0	$ 4,159,004	$ 0
NYDIG Agreements | Loans payable
Extinguishment of Debt [Line Items]
Loss on debt extinguishment		$ 15,316,510
Number of tranches extinguished | tranche		3		3
Number of tranches | tranche		7		7
Number of tranches remaining | tranche		4		4
Debt outstanding		$ 39,998,415		$ 39,998,415
NYDIG Agreements | Loans payable | Subsequent Event
Extinguishment of Debt [Line Items]
Number of tranches extinguished | tranche						3
Cryptocurrency machines
Extinguishment of Debt [Line Items]
Inspection period of assets once delivered	14 days
Option to extend inspection period of assets once delivered (up to)	7 days
Impairment on assets held for sale		$ 4,159,004

LONG-TERM DEBT - Future Schedul

LONG-TERM DEBT - Future Scheduled Maturities on the Outstanding Borrowings (Details)	Sep. 30, 2022 USD ($) tranche
Debt Instrument [Line Items]
2022 remaining	$ 56,750,896
2023	40,484,040
2024	4,627,755
2025	222,234
2026	130,562
2027	10,471
Long-term debt	$ 102,225,958
NYDIG Agreements | Loans payable
Debt Instrument [Line Items]
Number of tranches remaining | tranche	4
Debt outstanding	$ 39,998,415

CONCENTRATIONS (Details)

CONCENTRATIONS (Details) - miner			9 Months Ended
	Jun. 30, 2022	Dec. 31, 2021	Sep. 30, 2022	Sep. 30, 2021	Dec. 31, 2022
Concentration Risk [Line Items]
Number of miners			43,580
Forecast
Concentration Risk [Line Items]
Number of miners					600
Revenue | Direct Energy Business Marketing LLC (DEBM) | Customer Concentration Risk
Concentration Risk [Line Items]
Concentration risk, percentage			100%
Accounts receivable | Direct Energy Business Marketing LLC (DEBM) | Customer Concentration Risk
Concentration Risk [Line Items]
Concentration risk, percentage	85%	100%
Purchased Coal | Related Party Concentration Risk | Related Party One
Concentration Risk [Line Items]
Concentration risk, percentage			16%
Purchased Coal | Related Party Concentration Risk | Related Party Two
Concentration Risk [Line Items]
Concentration risk, percentage				31%

CONTINGENCIES AND COMMITMENTS -

CONTINGENCIES AND COMMITMENTS - Narrative (Details)																																5 Months Ended	9 Months Ended
	Oct. 27, 2022 USD ($) $ / shares shares	Oct. 26, 2022 USD ($)	Sep. 30, 2022 USD ($) miner installment	Sep. 01, 2022 USD ($)	Aug. 01, 2022 USD ($)	Jul. 18, 2022	Jul. 01, 2022 USD ($)	Jun. 01, 2022 USD ($)	May 01, 2022 USD ($)	Apr. 01, 2022 USD ($)	Mar. 01, 2022 USD ($)	Feb. 01, 2022 USD ($)	Jan. 01, 2022 USD ($)	Dec. 01, 2021 USD ($)	Nov. 29, 2021 USD ($) miner	Nov. 26, 2021 USD ($) miner	Nov. 18, 2021 USD ($)	Nov. 16, 2021 USD ($) miner installment batch	Nov. 01, 2021 USD ($)	Oct. 29, 2021 USD ($)	Oct. 28, 2021 USD ($) miner batch installment	Oct. 01, 2021 USD ($)	Sep. 01, 2021 USD ($)	Aug. 01, 2021 USD ($)	Jul. 01, 2021 USD ($)	Jun. 02, 2021 USD ($)	Jun. 01, 2021 USD ($)	May 01, 2021 USD ($)	Apr. 02, 2021 USD ($) miner terahash	Apr. 01, 2021 USD ($) miner_equipment miner installment	Nov. 30, 2019 USD ($)	May 31, 2022 USD ($) installment	Sep. 30, 2022 USD ($) miner	Jul. 01, 2023 USD ($)	Dec. 31, 2022 miner	May 15, 2022 $ / shares shares	Mar. 31, 2022 USD ($) miner	Mar. 28, 2022 USD ($) miner $ / shares shares	Dec. 07, 2021 USD ($) miner terahash	Nov. 30, 2021 USD ($) miner terahash	Jun. 30, 2021 USD ($) miner
Unrecorded Unconditional Purchase Obligation [Line Items]
Number of miners | miner			43,580																														43,580
Remaining commitment balance			$ 195,291,111																														$ 195,291,111
Purchases																			$ 738,500
Unpaid amount			4,218,000																														4,218,000
Impairment			12,228,742																														12,228,742
Number of installments | installment																														17
Warrants issued during period (in shares) | shares																																				6,318,000
Warrant exercise price of warrants (in USD per share) | $ / shares																																				$ 2.50
Forecast
Unrecorded Unconditional Purchase Obligation [Line Items]
Number of miners | miner																																			600
Pending Litigation | Scrubgrass Generating Company, L.P. | Allegheny Mineral Corporation v. Scrubgrass Generating Company, L.P., Butler County Court of Common Pleas, No. AD 19-11039
Unrecorded Unconditional Purchase Obligation [Line Items]
Damages sought																															$ 1,300,000
Pending Litigation | Allegheny Mineral Corporation | Allegheny Mineral Corporation v. Scrubgrass Generating Company, L.P., Butler County Court of Common Pleas, No. AD 19-11039
Unrecorded Unconditional Purchase Obligation [Line Items]
Damages sought																															$ 1,200,000
Settled Litigation | Scrubgrass Generating Company, L.P. | Allegheny Mineral Corporation v. Scrubgrass Generating Company, L.P., Butler County Court of Common Pleas, No. AD 19-11039 | Subsequent Event
Unrecorded Unconditional Purchase Obligation [Line Items]
Damages awarded		$ 300,000
$40,000,000 loan, with interest at 10.00%, due June 2023. | Loans payable
Unrecorded Unconditional Purchase Obligation [Line Items]
Debt face amount			40,000,000																														40,000,000								$ 40,000,000
Additional borrowing capacity amount																																						$ 25,000,000
Amendment fee			$ 250,000																														$ 250,000					275,414
Closing fee																																						$ 500,000
Warrants issued during period (in shares) | shares																																						125,000
Warrant exercise price of warrants (in USD per share) | $ / shares																																						$ 0.01
Credit Agreement | Loans payable | Subsequent Event
Unrecorded Unconditional Purchase Obligation [Line Items]
Warrants issued during period (in shares) | shares	4,000,000
Warrant exercise price of warrants (in USD per share) | $ / shares	$ 0.01
Minimum liquidity requirement	$ 7,500,000
Average daily minimum liquidity	$ 10,000,000
Reference rate	3%
Minimum ROI	20%
Credit Agreement | Loans payable | Secured Debt | Subsequent Event
Unrecorded Unconditional Purchase Obligation [Line Items]
Debt face amount	$ 35,100,000
Credit Agreement | Loans payable | Line of Credit | Subsequent Event
Unrecorded Unconditional Purchase Obligation [Line Items]
Debt face amount	$ 23,000,000
Debt instrument original issue discount, percentage	3%
Credit Agreement | Loans payable | Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate | Subsequent Event
Unrecorded Unconditional Purchase Obligation [Line Items]
Basis spread on variable rate	10%
Credit Agreement | Loans payable | Fed Funds Effective Rate Overnight Index Swap Rate | Subsequent Event
Unrecorded Unconditional Purchase Obligation [Line Items]
Basis spread on variable rate	0.50%
Credit Agreement | Loans payable | Term Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate | Subsequent Event | Debt Instrument, Basis Spread On Variable Rate, One
Unrecorded Unconditional Purchase Obligation [Line Items]
Basis spread on variable rate	1%
Credit Agreement | Loans payable | Term Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate | Subsequent Event | Debt Instrument, Basis Spread On Variable Rate, Two
Unrecorded Unconditional Purchase Obligation [Line Items]
Basis spread on variable rate	9%
Credit Agreement | Loans payable | Quarter Ending December 31, 2022 | Subsequent Event
Unrecorded Unconditional Purchase Obligation [Line Items]
Maximum leverage ratio	7.5
Credit Agreement | Loans payable | Quarter Ending March 31, 2023 | Subsequent Event
Unrecorded Unconditional Purchase Obligation [Line Items]
Maximum leverage ratio	5
Credit Agreement | Loans payable | Quarter Ending June 30, 2023 | Subsequent Event
Unrecorded Unconditional Purchase Obligation [Line Items]
Maximum leverage ratio	4
Credit Agreement | Loans payable | Each Quarter Thereafter June 30, 2023 | Subsequent Event
Unrecorded Unconditional Purchase Obligation [Line Items]
Maximum leverage ratio	4
Credit Agreement | Loans payable | Forecast
Unrecorded Unconditional Purchase Obligation [Line Items]
Minimum liquidity requirement																																		$ 20,000,000
Miner Equipment, MinerVa, MinerVA
Unrecorded Unconditional Purchase Obligation [Line Items]
Number of miners | miner			15,000																										15,000				15,000								15,000
Total terahash delivered by miner (in terahash) | terahash																													1,500,000
Price per miner (in dollars per miner)																													$ 4,892.5
Remaining commitment balance			$ 68,887,550																										$ 73,387,500				$ 68,887,550
Percentage of purchase price																										20%			60%
Purchases																										$ 14,677,500			$ 44,032,500
Unpaid amount			0																														0
Number of miners delivered | miner																																					3,200
Impairment			$ 12,228,742																														$ 12,228,742				$ 12,228,742
Equivalent value of collateral exchanged | miner			9,100																														9,100
Resolution period						60 days
Number of miners exchanged for collateral | miner																																						11,700
Miner Equipment, Cryptech, Bitmain
Unrecorded Unconditional Purchase Obligation [Line Items]
Number of miners			2,400																											2,400			2,400						1,000
Remaining commitment balance			$ 12,656,835																				$ 7,803,835	$ 8,014,835	$ 8,225,835		$ 8,436,835	$ 8,647,835	$ 8,858,835	$ 12,656,835			$ 12,656,835						$ 8,592,000
Percentage of purchase price																													70%	30%
Purchases			8,862,000	$ 527,500	$ 527,500		$ 527,500	$ 527,500	$ 524,335	$ 738,500	$ 738,500	$ 738,500	$ 738,500	$ 738,500								$ 738,500	$ 211,000	$ 211,000	$ 211,000		$ 211,000	$ 211,000		$ 3,798,000
Unpaid amount			$ 0	$ 0	$ 527,500		$ 1,055,000	$ 1,582,500	$ 2,110,000	$ 2,634,335	$ 3,372,835	$ 4,111,335	$ 4,849,835	$ 5,588,335					$ 6,326,835			$ 7,065,335							$ 8,862,000				$ 0
Number of miners delivered | miner			1,000																														1,000
Impairment			$ 0																														$ 0
Number of miners per month | miner			200																											200			200
Number of miners to be delivered | miner			600																														600
Number of installments | installment			17
Hash rate (in tershash) | terahash																																							96
Delivery period																																	12 months
Miner Equipment, Bitmain Technologies Limited, Agreement One
Unrecorded Unconditional Purchase Obligation [Line Items]
Number of miners | miner																					12,000
Remaining commitment balance																					$ 75,000,000
Purchases																				$ 23,300,000
Number of miners per month | miner																					2,000
Number of batches | batch																					6
Number of installments | installment																					3
Delivery period																					6 months
Miner Equipment, Bitmain Technologies Limited, Agreement One | Miner Equipment, Bitmain Technologies Limited, Installment One
Unrecorded Unconditional Purchase Obligation [Line Items]
Percentage of purchase price																					25%
Miner Equipment, Bitmain Technologies Limited, Agreement One | Miner Equipment, Bitmain Technologies Limited, Installment Two And Three
Unrecorded Unconditional Purchase Obligation [Line Items]
Purchases																	$ 4,550,000
Percentage of installment purchase price assigned																	35%
Miner Equipment, Bitmain Technologies Limited, Agreement One | Miner Equipment, Bitmain Technologies Limited, Installment Two
Unrecorded Unconditional Purchase Obligation [Line Items]
Remaining commitment balance																					$ 13,000,000
Percentage of purchase price																					35%
Percentage of installment purchase price assigned																				35%
Miner Equipment, Bitmain Technologies Limited, Agreement One | Miner Equipment, Bitmain Technologies Limited, Installment Three
Unrecorded Unconditional Purchase Obligation [Line Items]
Percentage of purchase price																					40%
Miner Equipment, Bitmain Technologies Limited, Agreement One | Miner Equipment, Bitmain Technologies Limited, Installment One, Two and Three
Unrecorded Unconditional Purchase Obligation [Line Items]
Purchases																																	$ 24,196,500
Miner Equipment, Bitmain Technologies Limited, Agreement Two
Unrecorded Unconditional Purchase Obligation [Line Items]
Number of miners | miner																		1,800
Remaining commitment balance																		$ 19,350,000
Number of miners per month | miner																		300
Number of batches | batch																		6
Number of installments | installment																		3
Delivery period																		6 months
Miner Equipment, Bitmain Technologies Limited, Agreement Two | Miner Equipment, Bitmain Technologies Limited, Installment One
Unrecorded Unconditional Purchase Obligation [Line Items]
Percentage of purchase price																		35%
Purchases																	$ 6,835,000
Miner Equipment, Bitmain Technologies Limited, Agreement Two | Miner Equipment, Bitmain Technologies Limited, Installment Two
Unrecorded Unconditional Purchase Obligation [Line Items]
Percentage of purchase price																		35%
Purchases																																$ 5,733,000
Number of installments paid | installment																																5
Miner Equipment, Bitmain Technologies Limited, Agreement Two | Miner Equipment, Bitmain Technologies Limited, Installment Three
Unrecorded Unconditional Purchase Obligation [Line Items]
Percentage of purchase price																		30%
Miner Equipment, Luxor Technology Corporation
Unrecorded Unconditional Purchase Obligation [Line Items]
Number of miners | miner																770
Remaining commitment balance																																								$ 6,260,800
Purchases																$ 4,312,650
Miner Equipment, Luxor Technology Corporation | Miner Equipment, Luxor Technology Corporation, Purchase One
Unrecorded Unconditional Purchase Obligation [Line Items]
Number of miners | miner															750																									400
Purchases															$ 5,357,300
Hash rate (in tershash) | terahash																																								84
Miner Equipment, Luxor Technology Corporation | Miner Equipment, Luxor Technology Corporation, Purchase Two
Unrecorded Unconditional Purchase Obligation [Line Items]
Number of miners | miner															500																									400
Purchases															$ 3,633,500
Hash rate (in tershash) | terahash																																								88
Northern Data PA, LLC, WhatsMiners
Unrecorded Unconditional Purchase Obligation [Line Items]
Number of miners | miner			4,280																														4,280
Remaining commitment balance			$ 11,340,374																														$ 11,340,374
Unpaid amount			0																														0
Impairment			$ 0																														$ 0

CONTINGENCIES AND COMMITMENTS_2

CONTINGENCIES AND COMMITMENTS - Installments Remaining (Details)	Sep. 30, 2022 USD ($) installment	Sep. 01, 2022 USD ($)	Aug. 01, 2022 USD ($)	Jul. 01, 2022 USD ($)	Jun. 01, 2022 USD ($)	May 01, 2022 USD ($)	Apr. 01, 2022 USD ($)	Mar. 01, 2022 USD ($)	Feb. 01, 2022 USD ($)	Jan. 01, 2022 USD ($)	Dec. 01, 2021 USD ($)	Nov. 01, 2021 USD ($)	Oct. 01, 2021 USD ($)	Sep. 01, 2021 USD ($)	Aug. 01, 2021 USD ($)	Jul. 01, 2021 USD ($)	Jun. 01, 2021 USD ($)	May 01, 2021 USD ($)	Apr. 01, 2021 USD ($) installment	Dec. 07, 2021 USD ($)	Apr. 02, 2021 USD ($)
Unrecorded Unconditional Purchase Obligation [Line Items]
Number of installments | installment																			17
Purchases												$ (738,500)
Unpaid amount	$ 4,218,000
Total Commitments	$ 195,291,111
Miner Equipment, Cryptech, Bitmain
Unrecorded Unconditional Purchase Obligation [Line Items]
Number of installments | installment	17
Purchases	$ (8,862,000)	$ (527,500)	$ (527,500)	$ (527,500)	$ (527,500)	$ (524,335)	$ (738,500)	$ (738,500)	$ (738,500)	$ (738,500)	$ (738,500)		$ (738,500)	$ (211,000)	$ (211,000)	$ (211,000)	$ (211,000)	$ (211,000)	$ (3,798,000)
Unpaid amount	0	$ 0	$ 527,500	$ 1,055,000	$ 1,582,500	$ 2,110,000	$ 2,634,335	$ 3,372,835	$ 4,111,335	$ 4,849,835	$ 5,588,335	$ 6,326,835	$ 7,065,335								$ 8,862,000
Percentage of purchase price																			30%		70%
Total Commitments	$ 12,656,835													$ 7,803,835	$ 8,014,835	$ 8,225,835	$ 8,436,835	$ 8,647,835	$ 12,656,835	$ 8,592,000	$ 8,858,835

RELATED-PARTY TRANSACTIONS - Na

RELATED-PARTY TRANSACTIONS - Narrative (Details)									3 Months Ended		9 Months Ended	18 Months Ended	24 Months Ended
	Oct. 01, 2022 USD ($)	Jul. 09, 2022 USD ($)	Feb. 01, 2022 USD ($)	Nov. 02, 2021 USD ($)	Aug. 02, 2021 USD ($)	Jul. 09, 2021 USD ($)	May 10, 2021 USD ($)	May 09, 2021 USD ($)	Sep. 30, 2022 USD ($)	Mar. 31, 2021 USD ($)	Sep. 30, 2022 USD ($) $ / T owner T	Sep. 30, 2022 USD ($)	Oct. 31, 2023 USD ($)	Dec. 31, 2021 USD ($)
Related Party Transaction [Line Items]
Due to related parties									$ 2,212,145		$ 2,212,145	$ 2,212,145		$ 1,430,660
Coal Valley Properties, LLC
Related Party Transaction [Line Items]
Number of owners | owner											1
Q Power LLC | Coal Reclamation Partnership
Related Party Transaction [Line Items]
Ownership percentage by noncontrolling owners									16.26%		16.26%	16.26%
Affiliated Entity | Coal Valley Sales, LLC
Related Party Transaction [Line Items]
Due to related parties									$ 0		$ 0	$ 0		202,334
Affiliated Entity | Coal Valley Properties, LLC
Related Party Transaction [Line Items]
Due to related parties									134,452		134,452	134,452		134,452
Affiliated Entity | Northampton Generating Co LP
Related Party Transaction [Line Items]
Due to related parties									282,615		282,615	282,615		321,738
Affiliated Entity | Panther Creek Fuel Services
Related Party Transaction [Line Items]
Due to related parties									124,904		124,904	124,904		47,967
Affiliated Entity | Scrubgrass Fuel Services, LLC
Related Party Transaction [Line Items]
Due to related parties									55,754		55,754	55,754		0
Affiliated Entity | Olympus Services LLC
Related Party Transaction [Line Items]
Due to related parties									0		0	0		129,735
Expenses from transactions with related party									392,761		1,189,452
Affiliated Entity | Panther Creek Energy Services
Related Party Transaction [Line Items]
Due to related parties									373,938		373,938	373,938		94,434
Affiliated Entity | Scrubgrass Energy Services, LLC
Related Party Transaction [Line Items]
Due to related parties									701,770		$ 701,770	701,770		$ 0
Affiliated Entity | Waste Coal Agreement (the “WCA”) | Coal Valley Sales, LLC
Related Party Transaction [Line Items]
Waste coal annual quantity committed (in ton) | T											200,000
Waste coal, handling fee (in USD per ton) | $ / T											6.07
Waste coal commitment, units in excess of annual commitment, price per unit (in USD per ton) | $ / T											1
Waste coal commitment, monthly payments										$ 25,000
Waste coal commitment, semi-monthly minimum payments												51,000
Due to related parties									0		$ 0	0
Affiliated Entity | Waste Coal Agreement (the “WCA”) | Coal Valley Properties, LLC
Related Party Transaction [Line Items]
Due to related parties									134,452		134,452	$ 134,452
Affiliated Entity | Fuel Service and Beneficial Use Agreement ("FBUA") | Northampton Fuel Supply Company, Inc.
Related Party Transaction [Line Items]
Expenses from transactions with related party									1,304,752		2,225,864
Affiliated Entity | Fuel Management Agreement | Panther Creek Fuel Services
Related Party Transaction [Line Items]
Expenses from transactions with related party									353,879		1,204,938
Affiliated Entity | Fuel Management Agreement | Scrubgrass Fuel Services, LLC
Related Party Transaction [Line Items]
Expenses from transactions with related party									247,009		580,626
Affiliated Entity | Management Fee | Olympus Stronghold Services, LLC | Forecast
Related Party Transaction [Line Items]
Expenses from transactions with related party													$ 1,000,000
Affiliated Entity | Management Fee | Panther Creek Energy Services
Related Party Transaction [Line Items]
Expenses from transactions with related party		$ 325,000			$ 175,000	$ 250,000
Related party transaction, period						12 months
Affiliated Entity | Management Fee | Scrubgrass Energy Services, LLC
Related Party Transaction [Line Items]
Expenses from transactions with related party		$ 325,000	$ 175,000			$ 250,000
Related party transaction, period						12 months
Affiliated Entity | Management Fee, Panther Creek Plant | Olympus Stronghold Services, LLC
Related Party Transaction [Line Items]
Expenses from transactions with related party											1,000,000
Affiliated Entity | Management Fee, Panther Creek Plant | Olympus Stronghold Services, LLC | Subsequent Event
Related Party Transaction [Line Items]
Expenses from transactions with related party	$ 500,000
Reduction of expenses from transactions with related party	$ 500,000
Affiliated Entity | Mobilization Fee | Olympus Stronghold Services, LLC
Related Party Transaction [Line Items]
Expenses from transactions with related party				$ 150,000
Affiliated Entity | Operations and Maintenance Agreement | Panther Creek Energy Services
Related Party Transaction [Line Items]
Expenses from transactions with related party									886,569		2,911,738
Affiliated Entity | Operations and Maintenance Agreement | Scrubgrass Energy Services, LLC
Related Party Transaction [Line Items]
Expenses from transactions with related party									2,099,306		4,749,432
Affiliated Entity | Management Services Agreement | William Spence
Related Party Transaction [Line Items]
Expenses from transactions with related party									$ 150,000		$ 450,000
Affiliated Entity | Management Services Agreement | Q Power LLC | William Spence
Related Party Transaction [Line Items]
Monthly management fee							$ 50,000	$ 25,000

RELATED-PARTY TRANSACTIONS - Re

RELATED-PARTY TRANSACTIONS - Related Party Purchases (Details) - Affiliated Entity - USD ($)	3 Months Ended	9 Months Ended
	Sep. 30, 2022	Sep. 30, 2022	Sep. 30, 2021
Related Party Transaction [Line Items]
Coal purchases from related party		$ 2,807,572	$ 804,632
Fuel Service and Beneficial Use Agreement ("FBUA") | Northampton Fuel Supply Company, Inc.
Related Party Transaction [Line Items]
Coal purchases from related party		2,225,864	173,216
Waste Coal Agreement (the “WCA”) | Coal Valley Sales, LLC
Related Party Transaction [Line Items]
Coal purchases from related party	$ 278,208	$ 581,708	$ 631,416

RELATED-PARTY TRANSACTIONS - Am

RELATED-PARTY TRANSACTIONS - Amounts Due to Related Parties (Details) - USD ($)	Sep. 30, 2022	Dec. 31, 2021
Related Party Transaction [Line Items]
Due to related parties	$ 2,212,145	$ 1,430,660
Affiliated Entity | Coal Valley Properties, LLC
Related Party Transaction [Line Items]
Due to related parties	134,452	134,452
Affiliated Entity | Q Power LLC
Related Party Transaction [Line Items]
Due to related parties	500,000	500,000
Affiliated Entity | Coal Valley Sales, LLC
Related Party Transaction [Line Items]
Due to related parties	0	202,334
Affiliated Entity | Panther Creek Energy Services
Related Party Transaction [Line Items]
Due to related parties	373,938	94,434
Affiliated Entity | Panther Creek Fuel Services
Related Party Transaction [Line Items]
Due to related parties	124,904	47,967
Affiliated Entity | Northampton Generating Co LP
Related Party Transaction [Line Items]
Due to related parties	282,615	321,738
Affiliated Entity | Olympus Services LLC
Related Party Transaction [Line Items]
Due to related parties	0	129,735
Affiliated Entity | Scrubgrass Energy Services, LLC
Related Party Transaction [Line Items]
Due to related parties	701,770	0
Affiliated Entity | Scrubgrass Fuel Services, LLC
Related Party Transaction [Line Items]
Due to related parties	55,754	0
Affiliated Entity | Keystone Reclamation Fuel Management LLC
Related Party Transaction [Line Items]
Due to related parties	$ 38,712	$ 0

PAYCHECK PROTECTION PROGRAM L_2

PAYCHECK PROTECTION PROGRAM LOAN, ECONOMIC INJURY DISASTER LOAN (Details) - USD ($)				1 Months Ended	9 Months Ended
	May 25, 2022	Jun. 08, 2021	Mar. 16, 2021	Jan. 31, 2021	Sep. 30, 2022	Sep. 30, 2021
Debt Instrument [Line Items]
Proceeds from issuance of debt					$ 97,337,454	$ 0
Round 2, Paycheck Protection Program, CARES Act | Loans payable
Debt Instrument [Line Items]
Proceeds from issuance of debt			$ 841,670
Interest rate			1%
Debt instrument term			5 years
Forgiveness for loan	$ 841,670
Round 1, Paycheck Protection Program, CARES Act | Loans payable
Debt Instrument [Line Items]
Forgiveness for loan				$ 638,800
Economic Injury Disaster Loan (“EIDL”) | Loans payable
Debt Instrument [Line Items]
Repayment of debt		$ 150,000

SEGMENT REPORTING - Narrative (

SEGMENT REPORTING - Narrative (Details)	9 Months Ended
	Sep. 30, 2022 USD ($) segment	Dec. 31, 2021 USD ($)	Sep. 30, 2021 USD ($)
Segment Reporting Information [Line Items]
Number of operating segments | segment	2
Assets	$ 274,142,319	$ 354,621,269	$ 175,352,100
Energy Operations
Segment Reporting Information [Line Items]
Assets	55,815,516		8,855,271
Cryptocurrency Operations
Segment Reporting Information [Line Items]
Assets	$ 218,326,804		$ 166,496,829

SEGMENT REPORTING - Results fro

SEGMENT REPORTING - Results from Operating Segments (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Segment Reporting Information [Line Items]
Operating Revenues:	$ 24,748,771	$ 6,019,713	$ 82,627,279	$ 13,906,315
Net Operating Income/(Loss):	(39,179,557)	(3,946,032)	(107,702,303)	(7,803,218)
Total other income (expense)	(36,040,813)	(2,333,997)	(40,063,057)	(1,958,776)
NET LOSS	(75,220,370)	(6,280,029)	(147,765,360)	(9,761,994)
Depreciation and Amortization:	(12,247,245)	(1,158,374)	(37,234,126)	(2,463,549)
Interest Expense:	(3,393,067)	(2,460,668)	(10,813,302)	(2,594,751)
Energy Operations
Segment Reporting Information [Line Items]
Operating Revenues:	12,371,797	3,459,466	31,629,528	8,262,647
Net Operating Income/(Loss):	(16,086,915)	(2,121,260)	(39,915,660)	(5,907,066)
Depreciation and Amortization:	(1,292,241)	(149,426)	(3,874,894)	(430,965)
Interest Expense:	(15,864)	(22,264)	(71,933)	(90,570)
Cryptocurrency Operations
Segment Reporting Information [Line Items]
Operating Revenues:	12,376,974	2,560,247	50,997,751	5,643,668
Net Operating Income/(Loss):	(23,092,642)	(1,824,772)	(67,786,643)	(1,896,152)
Depreciation and Amortization:	(10,955,004)	(1,008,948)	(33,359,232)	(2,032,584)
Interest Expense:	$ (3,377,203)	$ (2,438,404)	$ (10,741,369)	$ (2,504,181)

SEGMENT REPORTING - Schedule of

SEGMENT REPORTING - Schedule of Assets, Operating Segments (Details) - USD ($)	Sep. 30, 2022	Dec. 31, 2021	Sep. 30, 2021	Dec. 31, 2020
Segment Reporting Information [Line Items]
Cash and cash equivalents	$ 16,723,511	$ 31,790,115	$ 41,434,410	$ 303,187
Digital currencies	2,186,704	7,718,221	3,228,698
Digital currencies, restricted	0	2,699,644	0
Accounts receivable	775,038	2,111,855	308,387
Due from related parties	58,735	0	0
Prepaid insurance	980,180	6,301,701	278,538
Inventory	3,316,716	3,372,254	367,601
Assets held for sale	39,008,651	0	0
Other current assets	1,527,938	661,640	3,779,663
Security deposits	348,888	348,888	0
Equipment deposits	24,385,876	130,999,398	85,624,852
Property, plant and equipment, net	182,869,685	166,657,155	40,114,787
Land	1,748,439	1,748,440	29,919
Road bond	211,958	211,958	185,245
TOTAL ASSETS	274,142,319	$ 354,621,269	175,352,100
Energy Operations
Segment Reporting Information [Line Items]
Cash and cash equivalents	1,866,394		583,039
Digital currencies	0		0
Digital currencies, restricted	0		0
Accounts receivable	438,167		256,104
Due from related parties	58,735		0
Prepaid insurance	490,090		139,269
Inventory	3,316,716		367,601
Assets held for sale	0		0
Other current assets	1,411,026		1,889,831
Security deposits	227,369		0
Equipment deposits	0		0
Property, plant and equipment, net	46,046,621		5,404,263
Land	1,748,439		29,919
Road bond	211,958		185,245
TOTAL ASSETS	55,815,516		8,855,271
Cryptocurrency Operations
Segment Reporting Information [Line Items]
Cash and cash equivalents	14,857,117		40,851,371
Digital currencies	2,186,704		3,228,698
Digital currencies, restricted	0		0
Accounts receivable	336,871		52,283
Due from related parties	0		0
Prepaid insurance	490,090		139,269
Inventory	0		0
Assets held for sale	39,008,651		0
Other current assets	116,912		1,889,832
Security deposits	121,519		0
Equipment deposits	24,385,876		85,624,852
Property, plant and equipment, net	136,823,064		34,710,524
Land	0		0
Road bond	0		0
TOTAL ASSETS	$ 218,326,804		$ 166,496,829

STOCK-BASED COMPENSATION (Detai

STOCK-BASED COMPENSATION (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Share-Based Payment Arrangement [Abstract]
Stock compensation expense	$ 3,377,499	$ 976,528	$ 9,123,124	$ 1,246,460
Stock compensation expense, tax benefit			$ 0

STOCK ISSUED UNDER MASTER FIN_3

STOCK ISSUED UNDER MASTER FINANCING AGREEMENTS AND WARRANTS - Narrative (Details)

9 Months Ended

Aug. 16, 2022 USD ($) day $ / shares shares

May 15, 2022 USD ($) $ / shares shares

Mar. 28, 2022 USD ($) $ / shares shares

Feb. 01, 2022 USD ($) loan

Jul. 02, 2021 USD ($) loan

Jun. 30, 2021 USD ($) $ / shares shares

Jun. 25, 2021 USD ($) shares

May 14, 2021 USD ($) $ / shares shares

Apr. 01, 2021 USD ($) $ / shares shares

Sep. 30, 2022 USD ($) $ / shares

Sep. 30, 2021 USD ($)

Sep. 19, 2022 $ / shares

Aug. 15, 2022 $ / shares

Jan. 31, 2022 USD ($)

Dec. 31, 2021 $ / shares

Oct. 22, 2021 $ / shares shares

Oct. 19, 2021 USD ($) $ / shares

Debt Instrument [Line Items]

Proceeds from equipment financing agreement

$ 12,117,903

$ 24,157,178

$ 0

$ 24,157,178

Proceeds from private placements, net of issuance costs paid in cash

$ 27,000,000

$ 8,599,440

$ 97,064,318

Purchase agreement, consecutive trading days after payment (in days) | day

20

Purchase agreement, discount percentage

20%

Warrant exercise price of warrants (in USD per share) | $ / shares

$ 2.50

Warrants issued during period (in shares) | shares

6,318,000

Number of shares called by each warrant | shares

1

Common stock, par value (in USD per share) | $ / shares

$ 0.0001

$ 0.0001

$ 0.0001

$ 0.0001

$ 0.0001

May 2022 Warrants

Debt Instrument [Line Items]

Warrant exercise period

5 years

Note Warrant

Debt Instrument [Line Items]

Stock issued and sold during period (in shares) | shares

6,318,000

6,318,000

Share price (in USD per share) | $ / shares

$ 0.01

$ 2.50

$ 2.50

Arctos Credit LLC (NYDIG)

Debt Instrument [Line Items]

New issues (in shares) | shares

126,274

WhiteHawk Finance LLC | Note Warrant

Debt Instrument [Line Items]

Warrant liabilities

$ 1,150,000

$ 1,999,396

B. Riley Securities, Inc. | Private Placement

Debt Instrument [Line Items]

Expected life (in years)

5 years

Common Class A

Debt Instrument [Line Items]

Expected life (in years)

4 years 9 months

Warrant liabilities

$ 20,110,511

Common Class A | WhiteHawk Finance LLC | Note Warrant

Debt Instrument [Line Items]

Stock issued and sold during period (in shares) | shares

125,000

181,705

Expected life (in years)

10 years

10 years

Warrant exercise price of warrants (in USD per share) | $ / shares

$ 0.01

$ 0.01

Redeemable Convertible Preferred Stock, Series A

Debt Instrument [Line Items]

Expected life (in years)

4 years 9 months 29 days

4 years 9 months 29 days

Warrant liabilities

$ 631,897

0

$ 1,628,311

Warrant issued

$ 631,897

Redeemable Convertible Preferred Stock, Series A | Private Placement

Debt Instrument [Line Items]

Stock issued and sold during period (in shares) | shares

9,792,000

Redeemable Convertible Preferred Stock, Series A | B. Riley Securities, Inc. | Private Placement

Debt Instrument [Line Items]

New issues (in shares) | shares

439,200

Expected life (in years)

5 years

Warrant exercise price of warrants (in USD per share) | $ / shares

$ 8.68

Warrants issued during period (in shares) | shares

97,920

Redeemable Convertible Preferred Stock, Series B

Debt Instrument [Line Items]

Expected life (in years)

4 years 9 months 18 days

4 years 9 months 18 days

Warrant liabilities

$ 148,575

0

$ 295,970

Warrant issued

$ 148,575

Redeemable Convertible Preferred Stock, Series B | Private Placement

Debt Instrument [Line Items]

Stock issued and sold during period (in shares) | shares

1,817,035

Redeemable Convertible Preferred Stock, Series B | B. Riley Securities, Inc. | Private Placement

Debt Instrument [Line Items]

New issues (in shares) | shares

91,619

Expected life (in years)

5 years

Warrant exercise price of warrants (in USD per share) | $ / shares

$ 11.01

Warrants issued during period (in shares) | shares

18,170

Arctos/ NYDIG Financing Agreement | Loans payable

Debt Instrument [Line Items]

Debt face amount

$ 34,481,700

$ 37,341,978

Number of loans received | loan

2

2

Interest rate

10%

10%

Unamortized debt discounts

1,389,888

Amortization of debt discount

347,472

Standby fee percentage

1.75%

Unused borrowings

0

Standby fee expense

0

Unsecured Convertible Promissory Notes | Unsecured Debt

Debt Instrument [Line Items]

Debt face amount

$ 11,250,000

$ 33,750,000

Interest rate

10%

Loan for equipment due June 2023, one | Loans payable

Debt Instrument [Line Items]

Debt face amount

$ 40,000,000

$ 40,000,000

Interest rate

10%

10%

Amortization of debt discount

$ 499,849

Warrant exercise price of warrants (in USD per share) | $ / shares

$ 0.01

Long-term debt, term

24 months

24 months

Warrants issued during period (in shares) | shares

125,000

$33,750,000 loan, with interest at 10.00%, due May 2024. | Loans payable

Debt Instrument [Line Items]

Debt face amount

$ 25,000,000

$ 33,750,000

Interest rate

10%

10%

Amortization of debt discount

$ 143,750

Long-term debt, term

24 months

24 months

STOCK ISSUED UNDER MASTER FIN_4

STOCK ISSUED UNDER MASTER FINANCING AGREEMENTS AND WARRANTS - Schedule of Valuation Assumptions (Details)	3 Months Ended		9 Months Ended
	Sep. 30, 2022 USD ($)	Sep. 30, 2021 USD ($)	Sep. 30, 2022 USD ($)	Sep. 30, 2021 USD ($)	May 15, 2022 shares	Oct. 19, 2021 USD ($)	May 14, 2021 USD ($) shares	Apr. 01, 2021 USD ($) shares
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Warrants issued during period (in shares) | shares					6,318,000
Changes in fair value of warrant liabilities	$ (1,302,065)	$ (92,979)	$ (1,302,065)	$ 98,498
Redeemable Convertible Preferred Stock, Series A
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Expected life (in years)						4 years 9 months 29 days		4 years 9 months 29 days
Change in expected life (in years)			0 days
Fair value	0		$ 0			$ 1,628,311		$ 631,897
Changes in fair value of warrant liabilities			$ 996,414
Redeemable Convertible Preferred Stock, Series A | Expected volatility
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Warrants, measurement input						1.176		1.002
Changes in Fair Value Inputs			17.40%
Redeemable Convertible Preferred Stock, Series A | Risk-free interest rate
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Warrants, measurement input						0.012		0.009
Changes in Fair Value Inputs			0.30%
Redeemable Convertible Preferred Stock, Series A | Expected dividend yield
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Warrants, measurement input						0		0
Changes in Fair Value Inputs			0%
Redeemable Convertible Preferred Stock, Series B
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Expected life (in years)						4 years 9 months 18 days	4 years 9 months 18 days
Change in expected life (in years)			0 days
Fair value	$ 0		$ 0			$ 295,970	$ 148,575
Changes in fair value of warrant liabilities			$ 147,395
Redeemable Convertible Preferred Stock, Series B | Expected volatility
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Warrants, measurement input						1.176	1.002
Changes in Fair Value Inputs			17.40%
Redeemable Convertible Preferred Stock, Series B | Risk-free interest rate
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Warrants, measurement input						0.012	0.009
Changes in Fair Value Inputs			0.30%
Redeemable Convertible Preferred Stock, Series B | Expected dividend yield
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Warrants, measurement input						0	0
Changes in Fair Value Inputs			0%
B. Riley Securities, Inc. | Private Placement
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Expected life (in years)							5 years
B. Riley Securities, Inc. | Redeemable Convertible Preferred Stock, Series A | Private Placement
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Warrants issued during period (in shares) | shares								97,920
Expected life (in years)								5 years
B. Riley Securities, Inc. | Redeemable Convertible Preferred Stock, Series B | Private Placement
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Warrants issued during period (in shares) | shares							18,170
Expected life (in years)							5 years

REDEEMABLE COMMON STOCK - Narra

REDEEMABLE COMMON STOCK - Narrative (Details)							9 Months Ended
	Aug. 16, 2022 USD ($) shares	May 15, 2022 USD ($) $ / shares shares	Oct. 22, 2021 $ / shares shares	Oct. 19, 2021 USD ($) $ / shares	May 14, 2021 USD ($) shares	Apr. 01, 2021 USD ($) $ / shares shares	Sep. 30, 2022 USD ($) vote $ / shares	Sep. 30, 2021 USD ($)	Sep. 19, 2022 $ / shares	Dec. 31, 2021 $ / shares
Temporary Equity [Line Items]
Sale of stock (in USD per share) | $ / shares				$ 19
Sale of stock, consideration received | $				$ 131,500,000
Warrants issued during period (in shares)		6,318,000
Warrant exercise price of warrants (in USD per share) | $ / shares		$ 2.50
Proceeds from private placements, net of issuance costs paid in cash | $		$ 27,000,000					$ 8,599,440	$ 97,064,318
Common stock, par value (in USD per share) | $ / shares			$ 0.0001	$ 0.0001			$ 0.0001		$ 0.0001	$ 0.0001
Shares exchanged (in shares)						14,400
Unsecured Convertible Promissory Notes | Unsecured Debt
Temporary Equity [Line Items]
Debt face amount | $	$ 11,250,000	$ 33,750,000
Interest rate		10%
Stronghold LLC
Temporary Equity [Line Items]
Number of votes | vote							1
Q Power LLC | Stronghold LLC
Temporary Equity [Line Items]
Ownership interest						69%	56.10%
Q Power LLC
Temporary Equity [Line Items]
Shares exchanged (in shares)						14,400
Stronghold LLC
Temporary Equity [Line Items]
Shares exchanged in business reorganization (in shares)						14,400
Note Warrant
Temporary Equity [Line Items]
Stock issued and sold during period (in shares)	6,318,000	6,318,000
Redeemable Convertible Preferred Stock, Series A
Temporary Equity [Line Items]
Number of shares converted			9,792,000
Redeemable Convertible Preferred Stock, Series A | Private Placement
Temporary Equity [Line Items]
Stock issued and sold during period (in shares)						9,792,000
Sale of stock (in USD per share) | $ / shares						$ 8.68
Sale of stock, consideration received | $						$ 85,000,000
Payments of fees | $						6,300,000
Payments of debt issuance costs | $						$ 631,897
Redeemable Convertible Preferred Stock, Series B
Temporary Equity [Line Items]
Number of shares converted			1,816,994
Redeemable Convertible Preferred Stock, Series B | Private Placement
Temporary Equity [Line Items]
Stock issued and sold during period (in shares)					1,817,035
Sale of stock, consideration received | $					$ 20,000,305
Payments of fees | $					1,600,000
Payments of debt issuance costs | $					$ 148,575
Common Stock - Class V | Q Power LLC | Stronghold LLC
Temporary Equity [Line Items]
Shares distributed in business reorganization (in shares)						27,072,000
Common Class A
Temporary Equity [Line Items]
Conversion ratio			1			1
Redemption ratio						100%

REDEEMABLE COMMON STOCK - Sched

REDEEMABLE COMMON STOCK - Schedule of Series A and B Valuations (Details) - USD ($)	Oct. 19, 2021	May 14, 2021	Apr. 01, 2021	Sep. 30, 2022	Jun. 30, 2022	Mar. 31, 2022	Dec. 31, 2021	Sep. 30, 2021	Jun. 30, 2021	Mar. 31, 2021
Temporary Equity [Line Items]
Proceeds	$ 131,500,000
Remaining in net mezzanine equity				$ 29,433,528	$ 47,239,903	$ 172,704,220	$ 301,052,617	$ 243,002,389	$ 167,661,249	$ (2,877,584)
Redeemable Convertible Preferred Stock, Series A
Temporary Equity [Line Items]
Conversion to common Class A shares			$ (78,041,113)
Remaining in net mezzanine equity			0
Redeemable Convertible Preferred Stock, Series A | Private Placement
Temporary Equity [Line Items]
Proceeds			85,000,000
Transaction Fees			(6,300,000)
Debt issuance costs pertaining to stock registration warrants - refer to Note 14			(631,897)
Total net mezzanine equity			78,041,113
Redeemable Convertible Preferred Stock, Series A | Private Placement | B. Riley Securities
Temporary Equity [Line Items]
Transaction Fees			(5,100,000)
Redeemable Convertible Preferred Stock, Series A | Private Placement | Legal and Filing Fees
Temporary Equity [Line Items]
Transaction Fees			$ (1,226,990)
Redeemable Convertible Preferred Stock, Series B
Temporary Equity [Line Items]
Conversion to common Class A shares		$ (18,242,733)
Remaining in net mezzanine equity		0
Redeemable Convertible Preferred Stock, Series B | Private Placement
Temporary Equity [Line Items]
Proceeds		20,000,305
Transaction Fees		(1,600,000)
Debt issuance costs pertaining to stock registration warrants - refer to Note 14		(148,575)
Total net mezzanine equity		18,242,733
Redeemable Convertible Preferred Stock, Series B | Private Placement | B. Riley Securities
Temporary Equity [Line Items]
Transaction Fees		(1,200,000)
Redeemable Convertible Preferred Stock, Series B | Private Placement | Legal and Filing Fees
Temporary Equity [Line Items]
Transaction Fees		$ (408,997)

REDEEMABLE COMMON STOCK - Sch_2

REDEEMABLE COMMON STOCK - Schedule of Mezzanine Equity (Details) - USD ($)	3 Months Ended						9 Months Ended
	Sep. 30, 2022	Jun. 30, 2022	Mar. 31, 2022	Dec. 31, 2021	Sep. 30, 2021	Jun. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Increase (Decrease) in Temporary Equity [Roll Forward]
Beginning balance			$ 301,052,617				$ 301,052,617
NET LOSS attributable to noncontrolling interest	$ (44,000,155)				$ (4,328,460)		(86,435,347)	$ (6,730,940)
Maximum redemption right valuation	24,396,766	$ (102,888,062)	(110,222,560)	$ 66,644,424	79,669,600	$ 172,774,052	(188,713,856)
Ending balance	29,433,528			301,052,617			29,433,528
Accumulated Deficit
Increase (Decrease) in Temporary Equity [Roll Forward]
NET LOSS attributable to noncontrolling interest	$ (42,203,141)	$ (22,576,255)	$ (18,125,837)	$ (8,594,196)	$ (4,328,460)	$ (2,235,219)	$ (82,905,233)
Redeemable Convertible Preferred Stock, Series A
Increase (Decrease) in Temporary Equity [Roll Forward]
Beginning balance (in shares)
Beginning balance
Ending balance (in shares)	0						0
Ending balance	$ 0						$ 0
Redeemable Convertible Preferred Stock, Series B
Increase (Decrease) in Temporary Equity [Roll Forward]
Beginning balance (in shares)			0				0
Beginning balance			$ 0				$ 0
Ending balance (in shares)	0			0			0
Ending balance	$ 0			$ 0			$ 0
Common Stock - Class V
Increase (Decrease) in Temporary Equity [Roll Forward]
Beginning balance (in shares)	27,057,600	27,057,600	27,057,600	27,057,600			27,057,600
Beginning balance			$ 301,052,617				$ 301,052,617
Maximum redemption right valuation							$ (188,713,856)
Ending balance (in shares)	27,057,600	27,057,600	27,057,600	27,057,600	27,057,600		27,057,600	27,057,600
Ending balance	$ 29,433,528			$ 301,052,617			$ 29,433,528
Common Stock - Class V | Accumulated Deficit
Increase (Decrease) in Temporary Equity [Roll Forward]
NET LOSS attributable to noncontrolling interest							$ (82,905,233)

NONCONTROLLING INTEREST - Narra

NONCONTROLLING INTEREST - Narrative (Details) - vote		9 Months Ended
	Apr. 01, 2021	Sep. 30, 2022
Olympus Power LLC
Noncontrolling Interest [Line Items]
Conversion ratio		100%
Redemption ratio		100%
Stronghold LLC
Noncontrolling Interest [Line Items]
Number of votes		1
Stronghold LLC | Q Power LLC
Noncontrolling Interest [Line Items]
Ownership interest	69%	56.10%
Stronghold LLC | Olympus Power LLC
Noncontrolling Interest [Line Items]
Ownership interest		2.40%

NONCONTROLLING INTEREST - Redee

NONCONTROLLING INTEREST - Redeemable Common Stock Adjustments (Details) - USD ($)	3 Months Ended						9 Months Ended
	Sep. 30, 2022	Jun. 30, 2022	Mar. 31, 2022	Dec. 31, 2021	Sep. 30, 2021	Jun. 30, 2021	Sep. 30, 2022	Sep. 30, 2021	Apr. 01, 2021
Increase (Decrease) in Partners' Capital [Roll Forward]
Redeemable common stock, beginning balance	$ 47,239,903	$ 172,704,220	$ 301,052,617	$ 243,002,389	$ 167,661,249	$ (2,877,584)	$ 301,052,617
Net loss attributable to noncontrolling interest	(44,000,155)				(4,328,460)		(86,435,347)	$ (6,730,940)
Maximum redemption right valuation and adjustments	24,396,766	(102,888,062)	(110,222,560)	66,644,424	79,669,600	172,774,052	(188,713,856)
Redeemable common stock, ending balance	29,433,528	47,239,903	172,704,220	301,052,617	243,002,389	167,661,249	29,433,528	$ 243,002,389
Accumulated Deficit
Increase (Decrease) in Partners' Capital [Roll Forward]
Net loss attributable to noncontrolling interest	(42,203,141)	$ (22,576,255)	(18,125,837)	(8,594,196)	$ (4,328,460)	$ (2,235,219)	(82,905,233)
Common Stock - Class V
Increase (Decrease) in Partners' Capital [Roll Forward]
Redeemable common stock, beginning balance			$ 301,052,617				301,052,617
Maximum redemption right valuation and adjustments							(188,713,856)
Redeemable common stock, ending balance	$ 29,433,528			$ 301,052,617			$ 29,433,528
Common stock - Class V, outstanding (in shares)	27,057,600	27,057,600	27,057,600	27,057,600	27,057,600		27,057,600	27,057,600	27,057,600
Mezzanine equity, fair value per share (in USD per share)	$ 1.09	$ 1.75	$ 7.72	$ 11.99	$ 9.33		$ 1.09	$ 9.33	$ 6.39
Common Stock - Class V | Accumulated Deficit
Increase (Decrease) in Partners' Capital [Roll Forward]
Net loss attributable to noncontrolling interest							$ (82,905,233)

NONCONTROLLING INTEREST - Perma

NONCONTROLLING INTEREST - Permanent Equity Adjustments (Details) - USD ($)	2 Months Ended	3 Months Ended					9 Months Ended
	Dec. 31, 2021	Sep. 30, 2022	Jun. 30, 2022	Mar. 31, 2022	Dec. 31, 2021	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021	Nov. 02, 2021
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning balance		$ 135,603,452		$ (59,164,778)	$ (254,175,875)		$ (59,164,778)	$ (4,047,107)
Net loss attributable to noncontrolling interest		(44,000,155)				$ (4,328,460)	(86,435,347)	(6,730,940)
Ending balance	$ (59,164,778)	$ 102,226,900	$ 135,603,452		$ (59,164,778)	(254,175,875)	$ 102,226,900	(254,175,875)
Preferred stock, issued (in shares)	1,152,000	1,152,000			1,152,000		1,152,000		1,152,000
Redeemable Convertible Preferred Stock, Series A
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Preferred stock, issued (in USD per share)									$ 33.26
Preferred Stock
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning balance	$ 38,315,520	$ 35,937,061	36,898,361	37,670,161	$ 58	58	$ 37,670,161	0
Net loss attributable to noncontrolling interest	(645,359)	(1,797,014)	(961,300)	(771,800)			(3,530,114)
Ending balance	$ 37,670,161	$ 34,140,047	$ 35,937,061	$ 36,898,361	$ 37,670,161	$ 58	$ 34,140,047	$ 58

EARNINGS (LOSS) PER SHARE - Sch

EARNINGS (LOSS) PER SHARE - Schedule of Earnings (Loss) per Share (Details) - USD ($)	3 Months Ended					6 Months Ended	9 Months Ended
	Sep. 30, 2022		Sep. 30, 2021		Mar. 31, 2021	Sep. 30, 2021	Sep. 30, 2022		Sep. 30, 2021
Numerator:
Net loss	$ (75,220,370)		$ (6,280,029)				$ (147,765,360)		$ (9,761,994)
Net loss attributable to noncontrolling interest	(44,000,155)		(4,328,460)				(86,435,347)		(6,730,940)
Net loss attributable to Stronghold Digital Mining, Inc.	$ (31,220,215)		$ (1,951,569)		$ (238,948)	$ (2,959,369)	$ (61,330,013)		$ (3,031,054)
Denominator:
Weighted average number shares of Class A common shares outstanding (in shares)	24,631,626	[1]	322,342	[1]		21,772,057	21,772,057	[1]	173,532	[1]
Earnings per share:
Basic net loss per share (in USD per share)	$ (1.27)	[1]	$ (6.05)	[1]		$ (2.82)	$ (2.82)	[1]	$ (17.05)	[1]
Diluted net loss per share (in USD per share)	$ (1.27)	[1]	$ (6.05)	[1]		$ (2.82)	$ (2.82)	[1]	$ (17.05)	[1]
[1] Basic and diluted loss per share of Class A common stock is presented only for the period after the Company’s Reorganization Transactions. See Note 1 – Business Combinations for a description of the Reorganization Transactions. See Note 17 – Earnings (Loss) Per Share for the calculation of net loss per share.

EARNINGS (LOSS) PER SHARE - S_2

EARNINGS (LOSS) PER SHARE - Schedule of Potentially Dilutive Securities (Details) - shares	3 Months Ended	9 Months Ended
	Mar. 31, 2022	Sep. 30, 2022
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of earnings per share (in shares)	0	28,209,600
Preferred Stock | Redeemable Convertible Preferred Stock, Series A
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of earnings per share (in shares)		1,152,000
Common Stock - Class V | Common Class V
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of earnings per share (in shares)		27,057,600

RENEWABLE ENERGY CREDITS (REC_2

RENEWABLE ENERGY CREDITS (RECs) (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Renewable Energy Credits [Abstract]
Renewable energy credits, utilized	$ 2,335,668	$ 956,366	$ 4,936,898	$ 1,746,352

ASPEN INTEREST (_OLYMPUS_) BU_3

ASPEN INTEREST (“OLYMPUS”) BUYOUT - Narrative (Details) - USD ($)		9 Months Ended
	Apr. 01, 2021	Sep. 30, 2022	Sep. 30, 2021
Business Reorganization [Abstract]
Shares issued in business reorganization (in shares)	576,000
Issuance price (in dollars per share)	$ 8.68
Equity interest issued value	$ 5,000,000
Payment for business reorganization	2,000,000	$ 0	$ 2,000,000
Consideration transferred	$ 7,000,000

ASPEN INTEREST (_OLYMPUS_) BU_4

ASPEN INTEREST (“OLYMPUS”) BUYOUT - Partners' Deficit of Aspen Interest (Details)	3 Months Ended
	Mar. 31, 2021 USD ($)
Increase (Decrease) in Partners' Capital [Roll Forward]
Limited partners, beginning balance	$ (1,336,784)
Net loss - three months ended March 31, 2021	(71,687)
Limited partners, ending balance	$ (1,408,471)

SUPPLEMENTAL CASH AND NON-CAS_3

SUPPLEMENTAL CASH AND NON-CASH INFORMATION (Details) - USD ($)	9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021
Additional Cash Flow Elements and Supplemental Cash Flow Information [Abstract]
Acquisition of PP&E included in accrued liabilities	$ 4,197,350	$ 0
Reclassifications from deposits to PP&E	54,207,076	0
Equipment financed with debt	60,256,322	63,389,457
McClymonds arbitration award – paid by Q Power	5,038,122	0
Interest paid on equipment financings	2,536,789	2,594,751
Noncash or Part Noncash Acquisitions [Line Items]
Warrants - WhiteHawk	1,150,000	1,999,396
Warrants issued as part of stock registrations - B. Riley Warrants	0	780,472
Warrants issued as part of convertible note	6,604,881	0
Premium financing	523,076	0
Total	8,277,957	9,169,756
Common Class A
Noncash or Part Noncash Acquisitions [Line Items]
Stock issued	0	1,389,888
Redeemable Convertible Preferred Stock, Series A
Noncash or Part Noncash Acquisitions [Line Items]
Stock issued	$ 0	$ 5,000,000

TAX RECEIVABLE AGREEMENT (Detai

TAX RECEIVABLE AGREEMENT (Details) - USD ($)	Apr. 01, 2021	Sep. 30, 2022
Income Tax Disclosure [Abstract]
Tax receivable agreement, percentage	85%
Tax receivable agreement, deferred tax asset		$ 0
Tax receivable agreement, deferred tax liability		$ 0

PROVISIONS FOR INCOME TAXES (De

PROVISIONS FOR INCOME TAXES (Details) - USD ($)	3 Months Ended			9 Months Ended	12 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Mar. 31, 2021	Sep. 30, 2022	Dec. 31, 2021
Income Tax Disclosure [Abstract]
Income tax expense (benefit)	$ 0	$ 0	$ 0	$ 0	$ 0
Effective income tax rate	0%	0%		0%	0%

PREPAID INSURANCE (Details)

PREPAID INSURANCE (Details) - USD ($)			9 Months Ended
	Oct. 20, 2022	Oct. 21, 2021	Sep. 30, 2022	Dec. 31, 2021	Sep. 30, 2021
Other Current Assets [Line Items]
Prepaid insurance			$ 980,180	$ 6,301,701	$ 278,538
Directors and Officers Liability Insurance
Other Current Assets [Line Items]
Prepaid insurance			944,984
Prepaid insurance, premium		$ 6,900,000	$ 6,890,509
Prepaid insurance, term			12 months
Prepaid insurance, monthly premium			$ 574,209
Directors and Officers Liability Insurance | Subsequent Event
Other Current Assets [Line Items]
Prepaid insurance, premium	$ 5,484,449
Prepaid insurance, renewal term	12 months
Commercial Property and Risk Coverages
Other Current Assets [Line Items]
Prepaid insurance			35,196
$6,900,000 financing agreement for insurance, with interest at 3.45%, due July 2022. | Loans payable
Other Current Assets [Line Items]
Down payment		$ 1,400,000	$ 1,378,102

ACCRUED LIABILITIES (Details)

ACCRUED LIABILITIES (Details) - USD ($)	Sep. 30, 2022	Dec. 31, 2021
Other Accrued Liabilities:
Legal and professional fees	$ 612,816	$ 1,457,727
Payroll and taxes	0	73,819
Shipping and handling	229,680	230,779
Interest expense	865,492	79,267
Sales and use taxes	4,756,605	2,609,664
Upcharge penalties reserve	420,126	420,126
Rent	131,598	0
Accrued miscellaneous expenses	130,941	182,575
Fuel and purchased power	238,000	0
Total	$ 7,385,258	$ 5,053,957

ACQUISITION - Narrative (Detail

ACQUISITION - Narrative (Details) - Panther Creek Power Operating LLC - USD ($) $ in Thousands	Nov. 02, 2021	Nov. 05, 2021	Jul. 09, 2021
Asset Acquisition [Line Items]
Cash payment to acquire asset, gross	$ 3,000
Payment to acquire asset, net of cash acquired	$ 2,192
Percentage of land closing costs share	50%
Equity interest issued (in shares)	1,152,000
Number of shares called by each unit or stock			1
Number of shares called by redemption		1,152,000
Member Units
Asset Acquisition [Line Items]
Equity interest issued (in shares)	1,152,000

ACQUISITION - Fair Value of Ide

ACQUISITION - Fair Value of Identifiable Assets and Liabilities as of Acquisition Date (Details) - Panther Creek Power Operating LLC $ in Thousands	Nov. 02, 2021 USD ($) shares
The purchase price allocation was as follows (in thousands):
Cash and cash equivalents	$ 491
Accounts receivable - trade	831
Prepaids and other current assets	429
Materials and supplies	1,559
Land and Rights of Way	1,727
Property, plant and equipment	43,782
Accounts payable	(2,943)
Accrued expenses	(298)
Due to related parties	(73)
Total identifiable assets and liabilities	45,505
Purchase price consideration	45,505
Equity interest issued value	$ 38,316
Equity interest issued (in shares) | shares	1,152,000
Payment to acquire asset, net of cash acquired	$ 2,192
Percentage of land closing costs share	50%
Land closing costs share amount	$ 808
Asset Retirement Obligation
The purchase price allocation was as follows (in thousands):
Asset acquisition, consideration transferred, liabilities incurred	501
Notes Payable, Other Payables
The purchase price allocation was as follows (in thousands):
Asset acquisition, consideration transferred, liabilities incurred	218
Legal and Professional Fees
The purchase price allocation was as follows (in thousands):
Asset acquisition, consideration transferred, liabilities incurred	613
Existing Relationship Payables
The purchase price allocation was as follows (in thousands):
Asset acquisition, consideration transferred, liabilities incurred	$ 3,665

VARIABLE PREPAID FORWARD SALE_2

VARIABLE PREPAID FORWARD SALES CONTRACT DERIVATIVE (Details)				3 Months Ended
	Jul. 27, 2022 USD ($)	Mar. 16, 2022 USD ($) $ / bitcoin	Dec. 15, 2021 USD ($) bitcoin $ / bitcoin	Mar. 31, 2022 USD ($) $ / bitcoin
Digital currencies
Derivative [Line Items]
Cash received from sale of digital currencies | $	$ 220,000
Compound Derivative Instrument
Derivative [Line Items]
Derivative floor price (in dollars per bitcoin) | $ / bitcoin			28,000
Number of derivative instruments to be sold (in bitcoin) | bitcoin			250
Forward sale contract prepayment | $		$ 1,000,000	$ 7,000,000	$ 970,000
Capped price (in dollars per bitcoin) | $ / bitcoin		50,000	85,500	50,000

INITIAL PUBLIC OFFERING (Detail

INITIAL PUBLIC OFFERING (Details) - USD ($) $ / shares in Units, $ in Millions	Oct. 19, 2021	Sep. 30, 2022	Sep. 19, 2022	Dec. 31, 2021	Oct. 22, 2021
Subsidiary, Sale of Stock [Line Items]
Common stock, par value (in USD per share)	$ 0.0001	$ 0.0001	$ 0.0001	$ 0.0001	$ 0.0001
Sale of stock (in USD per share)	19
Sale of stock, stock issuance costs (in USD per share)	$ 1.33
Sale of stock, consideration received	$ 131.5
IPO
Subsidiary, Sale of Stock [Line Items]
Stock issued and sold during period (in shares)	7,690,400
IPO, Firm Shares
Subsidiary, Sale of Stock [Line Items]
Stock issued and sold during period (in shares)	6,687,305
Over-Allotment Option
Subsidiary, Sale of Stock [Line Items]
Stock issued and sold during period (in shares)	1,003,095

HOSTING SERVICES AGREEMENT (Det

HOSTING SERVICES AGREEMENT (Details)						1 Months Ended
	Nov. 30, 2022 USD ($)	Oct. 31, 2022 USD ($)	Oct. 03, 2022 USD ($)	Sep. 30, 2022 USD ($) miner mining_slot manufactured_pod slot strongbox	Mar. 28, 2022 miner $ / terahash	Oct. 31, 2021 $ / kWh	Dec. 31, 2022 miner	Aug. 10, 2022 miner	Apr. 14, 2021 miner
Unrecorded Unconditional Purchase Obligation [Line Items]
Number of miners | miner				43,580
Price deducted for power used (in dollars per kilowatt-hours) | $ / kWh						0.027
Percentage of revenue for company						65%
Percentage of revenue for counterparty						35%
Settlement agreement, term				2 years
Number of manufactured pods with right to lease | manufactured_pod				24
Number of miners powered by each leased manufactured pod | miner				550
Number of available slots by all leased manufactured pods | slot				13,200
Number of strongboxes with right to lease | strongbox				4
Number of miners powered by each leased strongbox | miner				264
Number of mining slots by all leased strongboxes | mining_slot				1,056
Annual cost of leased strongboxes				$ 1,000
Percentage of profits earned by leased manufactured pods and strongboxes				100%
Maximum expenditures available to upgrade leased manufactured pods				$ 1,500,000
Aggregate cost of settlement agreement				4,500,000
Reduction of amount payable to counterparty in agreement				2,600,000
Aggregate cost of settlement agreement net of eliminated amount payable to counterparty in agreement				1,900,000
Forecast
Unrecorded Unconditional Purchase Obligation [Line Items]
Number of miners | miner							600
Payments to settlement agreement	$ 1,000,000
Subsequent Event
Unrecorded Unconditional Purchase Obligation [Line Items]
Payments to settlement agreement		$ 1,000,000	$ 2,500,000
Minimum
Unrecorded Unconditional Purchase Obligation [Line Items]
Cost to purchase manufactured pods at end of agreement term				2,000,000
Maximum
Unrecorded Unconditional Purchase Obligation [Line Items]
Cost to purchase manufactured pods at end of agreement term				$ 6,000,000
Northern Data, MicroBT
Unrecorded Unconditional Purchase Obligation [Line Items]
Number of miners | miner				9,900	2,675				9,900
Period obligation due after delivery of miner equipment					5 months
Miner equipment, cost per terahash (in dollars per terahash) | $ / terahash					37.5
Number of miners terminated | miner								2,675

PREMIUM FINANCING AGREEMENT (De

PREMIUM FINANCING AGREEMENT (Details) - USD ($)				9 Months Ended
	Oct. 20, 2022	Apr. 29, 2022	Oct. 21, 2021	Sep. 30, 2022	Dec. 31, 2021
Debt Instrument [Line Items]
Long-term debt, gross				$ 102,225,958	$ 73,874,963
Directors and Officers Liability Insurance
Debt Instrument [Line Items]
Prepaid insurance, premium			$ 6,900,000	$ 6,890,509
Directors and Officers Liability Insurance | Subsequent Event
Debt Instrument [Line Items]
Prepaid insurance, premium	$ 5,484,449
Prepaid insurance, renewal term	12 months
Property and Casualty, Commercial Insurance
Debt Instrument [Line Items]
Prepaid insurance, premium		$ 523,076
$6,900,000 financing agreement for insurance, with interest at 3.45%, due July 2022. | Loans payable
Debt Instrument [Line Items]
Debt instrument term			9 months
Interest rate			3.454%	3.45%
Down payment			$ 1,400,000	$ 1,378,102
Monthly payments			621,300
Long-term debt, gross			$ 5,500,000	$ 0	4,299,721
Commercial Premium Finance Agreement Two | Loans payable | Subsequent Event
Debt Instrument [Line Items]
Debt instrument term	9 months
Interest rate	9.46%
Down payment	$ 750,000
Monthly payments	552,849
Long-term debt, gross	$ 4,734,449
$523,076 financing agreement for insurance, with interest at 5.99%, due March 2023. | Loans payable
Debt Instrument [Line Items]
Debt instrument term		11 months
Interest rate		5.99%		5.99%
Down payment		$ 44,793
Monthly payments		44,793
Long-term debt, gross		$ 478,283		$ 307,385	$ 0

COVENANTS (Details)

COVENANTS (Details) - Loans payable	Oct. 27, 2022	Sep. 30, 2022 USD ($)	Mar. 28, 2022 USD ($)	Jun. 30, 2021 USD ($)
Loan for equipment due June 2023, one
Debt Instrument [Line Items]
Amendment fee		$ 250,000	$ 275,414
Debt face amount		40,000,000		$ 40,000,000
$33,750,000 loan, with interest at 10.00%, due May 2024.
Debt Instrument [Line Items]
Amendment fee		275,414
Debt face amount		$ 33,750,000	$ 25,000,000
Credit Agreement | Quarter Ending December 31, 2022 | Subsequent Event
Debt Instrument [Line Items]
Maximum leverage ratio	7.5
Credit Agreement | Quarter Ending March 31, 2023 | Subsequent Event
Debt Instrument [Line Items]
Maximum leverage ratio	5
Credit Agreement | Quarter Ending June 30, 2023 | Subsequent Event
Debt Instrument [Line Items]
Maximum leverage ratio	4
Credit Agreement | Each Quarter Thereafter June 30, 2023 | Subsequent Event
Debt Instrument [Line Items]
Maximum leverage ratio	4

NON-EMPLOYEE DIRECTORS COMPEN_2

NON-EMPLOYEE DIRECTORS COMPENSATION POLICY (Details) - USD ($)	3 Months Ended	9 Months Ended
	Sep. 30, 2022	Sep. 30, 2022	Dec. 31, 2021
Equity [Abstract]
Compensation to non-employee directors	$ 0	$ 275,843
Compensation to non-employee directors, net	$ 200,843
Accrued compensation costs for non-employee directors			$ 75,000

PRIVATE PLACEMENTS - Narrative

PRIVATE PLACEMENTS - Narrative (Details)					9 Months Ended
	Sep. 19, 2022 $ / shares shares	Sep. 13, 2022 USD ($)	Aug. 16, 2022 USD ($) day $ / shares shares	May 15, 2022 USD ($) $ / shares shares	Sep. 30, 2022 USD ($) $ / shares	Sep. 30, 2021 USD ($)	Aug. 15, 2022 $ / shares	Dec. 31, 2021 $ / shares	Oct. 22, 2021 $ / shares	Oct. 19, 2021 $ / shares
Debt Instrument [Line Items]
Warrants issued during period (in shares) | shares				6,318,000
Warrant exercise price of warrants (in USD per share)				$ 2.50
Proceeds from private placements, net of issuance costs paid in cash | $				$ 27,000,000	$ 8,599,440	$ 97,064,318
Purchase agreement, discount percentage			20%
Purchase agreement, consecutive trading days after payment (in days) | day			20
Common stock, par value (in USD per share)	$ 0.0001				$ 0.0001			$ 0.0001	$ 0.0001	$ 0.0001
Sale of stock (in USD per share)										$ 19
Proceeds from issuance of common stock | $		$ 9,000,000
May 2022 Warrants
Debt Instrument [Line Items]
Warrant exercise period				5 years
September 2022 Warrants
Debt Instrument [Line Items]
Warrants issued during period (in shares) | shares	5,602,409
Warrant exercise price of warrants (in USD per share)	$ 1.75
Warrant exercise period		5 years 6 months
Pre-Funded Warrants
Debt Instrument [Line Items]
Warrants issued during period (in shares) | shares	2,725,650
Warrant exercise price of warrants (in USD per share)	$ 0.0001
Warrant purchase price of warrants (in USD per share)	$ 1.60
Note Warrant
Debt Instrument [Line Items]
Stock issued and sold during period (in shares) | shares			6,318,000	6,318,000
Share price (in USD per share)			$ 0.01	$ 2.50			$ 2.50
Private Placement With Armistice Capital Master Fund Ltd.
Debt Instrument [Line Items]
Stock issued and sold during period (in shares) | shares	2,274,350
Sale of stock (in USD per share)	$ 1.60
Private placement With Greg Beard, Co-Chairman And Chief Executive Officer
Debt Instrument [Line Items]
Stock issued and sold during period (in shares) | shares	602,409
Sale of stock (in USD per share)	$ 1.66
Unsecured Convertible Promissory Notes | Unsecured Debt
Debt Instrument [Line Items]
Debt face amount | $			$ 11,250,000	$ 33,750,000
Interest rate				10%

PRIVATE PLACEMENTS (Details)

PRIVATE PLACEMENTS (Details) - Common Class A	Sep. 30, 2022 USD ($)
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Expected life (in years)	4 years 9 months
Fair value	$ 20,110,511
Expected volatility
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Warrants, measurement input	1.347
Risk-free interest rate
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Warrants, measurement input	0.0295
Expected dividend yield
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Warrants, measurement input	0

SUBSEQUENT EVENTS (Details)

SUBSEQUENT EVENTS (Details)				1 Months Ended	9 Months Ended
	Oct. 27, 2022 USD ($) $ / shares shares	Oct. 26, 2022 USD ($)	Aug. 16, 2022	Oct. 26, 2022 USD ($)	Sep. 30, 2022 USD ($) miner settlement tranche	Jul. 01, 2023 USD ($)	Dec. 31, 2022 miner	Nov. 07, 2022 USD ($) miner petahash	May 15, 2022 $ / shares shares
Subsequent Event [Line Items]
Warrants issued during period (in shares) | shares									6,318,000
Warrant exercise price of warrants (in USD per share) | $ / shares									$ 2.50
Number of miners | miner					43,580
Cryptocurrency machines
Subsequent Event [Line Items]
Inspection period of assets once delivered			14 days
Forecast
Subsequent Event [Line Items]
Number of miners | miner							600
Subsequent Event
Subsequent Event [Line Items]
Number of miners to be delivered | miner								4,500
Total petahash per second to delivered by miners (in petahash) | petahash								420
Fee per megawatt hour								$ 60
Percentage of bitcoins mined to be kept by company								50%
Number of miners received | miner								3,000
Subsequent Event | Miner Equipment, Foundry Digital LLC
Subsequent Event [Line Items]
Number of miners | miner								4,500
Credit Agreement | Loans payable | Forecast
Subsequent Event [Line Items]
Minimum liquidity requirement						$ 20,000,000
Credit Agreement | Loans payable | Subsequent Event
Subsequent Event [Line Items]
Minimum liquidity requirement	$ 7,500,000
Average daily minimum liquidity	$ 10,000,000
Reference rate	3%
Minimum ROI	20%
Warrants issued during period (in shares) | shares	4,000,000
Warrant exercise price of warrants (in USD per share) | $ / shares	$ 0.01
Credit Agreement | Loans payable | Subsequent Event | Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate
Subsequent Event [Line Items]
Basis spread on variable rate	10%
Credit Agreement | Loans payable | Subsequent Event | Fed Funds Effective Rate Overnight Index Swap Rate
Subsequent Event [Line Items]
Basis spread on variable rate	0.50%
Credit Agreement | Loans payable | Subsequent Event | Term Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate | Debt Instrument, Basis Spread On Variable Rate, One
Subsequent Event [Line Items]
Basis spread on variable rate	1%
Credit Agreement | Loans payable | Subsequent Event | Term Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate | Debt Instrument, Basis Spread On Variable Rate, Two
Subsequent Event [Line Items]
Basis spread on variable rate	9%
Credit Agreement | Loans payable | Subsequent Event | Quarter Ending December 31, 2022
Subsequent Event [Line Items]
Maximum leverage ratio	7.5
Credit Agreement | Loans payable | Subsequent Event | Quarter Ending March 31, 2023
Subsequent Event [Line Items]
Maximum leverage ratio	5
Credit Agreement | Loans payable | Subsequent Event | Quarter Ending June 30, 2023
Subsequent Event [Line Items]
Maximum leverage ratio	4
Credit Agreement | Loans payable | Subsequent Event | Each Quarter Thereafter June 30, 2023
Subsequent Event [Line Items]
Maximum leverage ratio	4
NYDIG Agreements | Loans payable
Subsequent Event [Line Items]
Number of settlements | settlement					2
Number of tranches completed | tranche					6
Extinguishment of debt					$ 65,300,000
NYDIG Agreements | Subsequent Event | Loans payable
Subsequent Event [Line Items]
Extinguishment of debt		$ 2,100,000		$ 67,400,000
Secured Debt | Credit Agreement | Loans payable | Subsequent Event
Subsequent Event [Line Items]
Debt face amount	$ 35,100,000
Line of Credit | Credit Agreement | Loans payable | Subsequent Event
Subsequent Event [Line Items]
Debt face amount	$ 23,000,000
Closing fee	3%

Uncategorized Items - sdig-2022

Label	Element	Value
Adjustments to Additional Paid in Capital, Warrant Issued	us-gaap_AdjustmentsToAdditionalPaidInCapitalWarrantIssued	$ 1,999,396
APIC, Share-Based Payment Arrangement, Increase for Cost Recognition	us-gaap_AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	1,246,460
Increase in Carrying Amount of Redeemable Preferred Stock	us-gaap_IncreaseInCarryingAmountOfRedeemablePreferredStock	252,443,650
Stock Issued During Period, Value, Business Reorganization	sdig_StockIssuedDuringPeriodValueBusinessReorganization	(2,000,142)
Stockholders' Equity, Decrease From Distribution To Partner's Capital Account	sdig_StockholdersEquityDecreaseFromDistributionToPartnersCapitalAccount	0
Shares Issued During Period, Value, Exchange Of Common Stock	sdig_SharesIssuedDuringPeriodValueExchangeOfCommonStock	2
Partners' Capital Account, Contributions	us-gaap_PartnersCapitalAccountContributions	2,877,584
Stock Issued During Period, Value, New Issues, Two	sdig_StockIssuedDuringPeriodValueNewIssuesTwo	791,207
Stock Issued During Period, Value, New Issues, One	sdig_StockIssuedDuringPeriodValueNewIssuesOne	598,692
Limited Partner [Member]
Partners' Capital Account, Contributions	us-gaap_PartnersCapitalAccountContributions	1,408,471
Net Income (Loss) Attributable to Parent	us-gaap_NetIncomeLoss	(71,687)
General Partner [Member]
Partners' Capital Account, Contributions	us-gaap_PartnersCapitalAccountContributions	2,877,584
Net Income (Loss) Attributable to Parent	us-gaap_NetIncomeLoss	(167,261)
Retained Earnings [Member]
Increase in Carrying Amount of Redeemable Preferred Stock	us-gaap_IncreaseInCarryingAmountOfRedeemablePreferredStock	252,443,650
Stock Issued During Period, Value, Business Reorganization	sdig_StockIssuedDuringPeriodValueBusinessReorganization	(7,000,000)
Stockholders' Equity, Decrease From Distribution To Partner's Capital Account	sdig_StockholdersEquityDecreaseFromDistributionToPartnersCapitalAccount	1,408,471
Net Income (Loss) Attributable to Parent	us-gaap_NetIncomeLoss	(2,959,369)
Additional Paid-in Capital [Member]
Adjustments to Additional Paid in Capital, Warrant Issued	us-gaap_AdjustmentsToAdditionalPaidInCapitalWarrantIssued	1,999,396
APIC, Share-Based Payment Arrangement, Increase for Cost Recognition	us-gaap_AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	1,246,460
Stock Issued During Period, Value, Business Reorganization	sdig_StockIssuedDuringPeriodValueBusinessReorganization	4,999,800
Stock Issued During Period, Value, New Issues, Two	sdig_StockIssuedDuringPeriodValueNewIssuesTwo	791,200
Stock Issued During Period, Value, New Issues, One	sdig_StockIssuedDuringPeriodValueNewIssuesOne	598,687
Preferred Stock [Member]
Stock Issued During Period, Value, Business Reorganization	sdig_StockIssuedDuringPeriodValueBusinessReorganization	$ 58
Stock Issued During Period, Shares, Business Reorganization	sdig_StockIssuedDuringPeriodSharesBusinessReorganization	576,000
Common Stock [Member]
Shares Issued During Period, Shares, Exchange Of Common Stock	sdig_SharesIssuedDuringPeriodSharesExchangeOfCommonStock	14,400
Shares Issued During Period, Value, Exchange Of Common Stock	sdig_SharesIssuedDuringPeriodValueExchangeOfCommonStock	$ 2
Stock Issued During Period, Shares, New Issues, Two	sdig_StockIssuedDuringPeriodSharesNewIssuesTwo	71,882
Stock Issued During Period, Shares, New Issues, One	sdig_StockIssuedDuringPeriodSharesNewIssuesOne	54,392
Stock Issued During Period, Value, New Issues, Two	sdig_StockIssuedDuringPeriodValueNewIssuesTwo	$ 7
Stock Issued During Period, Value, New Issues, One	sdig_StockIssuedDuringPeriodValueNewIssuesOne	$ 5