0001213900-23-021559 | 40-F | XBRL Viewer

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Document And Entity Information	12 Months Ended
Document And Entity Information	Dec. 31, 2022 shares
Document Information Line Items
Entity Registrant Name	Bitfarms Ltd
Trading Symbol	BITF
Document Type	40-F
Current Fiscal Year End Date	--12-31
Entity Common Stock, Shares Outstanding	224,200,000
Amendment Flag	false
Entity Central Index Key	0001812477
Entity Current Reporting Status	Yes
Document Period End Date	Dec. 31, 2022
Document Fiscal Year Focus	2022
Document Fiscal Period Focus	FY
Entity Emerging Growth Company	true
Entity Ex Transition Period	false
ICFR Auditor Attestation Flag	false
Document Registration Statement	false
Document Annual Report	true
Entity File Number	001-40370
Entity Incorporation, State or Country Code	Z4
Entity Primary SIC Number	7379
Entity Address, Address Line One	18 King Street East
Entity Address, Address Line Two	Suite 902
Entity Address, City or Town	Toronto
Entity Address, State or Province	ON
Entity Address, Postal Zip Code	M5C 1C4
Auditor Location	Oakville, Canada
City Area Code	(647)
Local Phone Number	259-1790
Title of 12(b) Security	Common Shares
Security Exchange Name	NASDAQ
Annual Information Form	true
Audited Annual Financial Statements	true
Entity Interactive Data Current	Yes
Auditor Name	PricewaterhouseCoopers LLP
Auditor Firm ID	271
Business Contact
Document Information Line Items
Entity Address, Address Line One	122 E.
Entity Address, Address Line Two	42nd Street, 18th Floor
Entity Address, City or Town	New York
Entity Address, State or Province	NY
Entity Address, Postal Zip Code	10168
City Area Code	(800)
Local Phone Number	221-0102
Contact Personnel Name	Cogency Global Inc.

Nature of Operations

12 Months Ended

Dec. 31, 2022

Disclosure of Reporting Entity Basis Of Presentation And Liquidity [Abstract]

NATURE OF OPERATIONS

NOTE 1: NATURE OF OPERATIONS

Bitfarms Ltd. was incorporated under the Canada Business Corporations Act on October 11, 2018 and continued under the Business Corporations Act (Ontario) on August 27, 2021. The consolidated financial statements of the corporation comprise the accounts of Bitfarms Ltd. and its wholly owned subsidiaries (together referred to as the “Company” or “Bitfarms”). The activities of the Company mainly consist of cryptocurrency mining and are divided into multiple jurisdictions described in Note 29 “Geographical Information”. The Company’s operations are currently predominantly in Canada and the United States, with new operations having commenced in Paraguay and Argentina in 2022. 9159-9290 Quebec Inc. (“Volta”), a wholly owned subsidiary, assists the Company in building and maintaining its server farms and provides electrician services to both commercial and residential customers in Quebec. Bitfarms owns and operates server farms comprised of computers (referred to as “Miners”) designed for the purpose of validating transactions on the BTC Blockchain (referred to as “Mining”). Bitfarms generally operates Miners 24 hours a day producing Computational power (measured by hashrate) which it sells to Mining Pools, for a formula driven rate commonly known in the industry as Full Pay Per Share (“FPPS”). Under FPPS, pools compensate Mining Companies for their hashrate based on what the pool would be expected to generate in revenue for a given time period if there was no randomness involved. The fee paid by a Mining Pool to Bitfarms for its hashrate may be in cryptocurrency, U.S. dollars, or other currency. Bitfarms accumulates the cryptocurrency fees it receives or exchanges them for U.S. dollars, as determined to be needed, through reputable and established cryptocurrency trading platforms. Mining Pools generate revenue by Mining with purchased hashrate through the accumulation of Block Rewards and transaction fees issued by the BTC network. Mining pools are purchasing hashrate and take on risk with the aim to mine more blocks than they should in a given time period in seek of profit. The common shares of the Company are listed under the trading symbol BITF on the Nasdaq and Toronto Stock Exchange exchanges.

Terms and definitions

In these financial statements, the following terms shall have the following definitions:

	Term	Definition
1	Backbone	Backbone Hosting Solutions Inc.
2	Volta	9159-9290 Quebec Inc.
3	Backbone Argentina	Backbone Hosting Solutions SAU
4	Backbone Paraguay	Backbone Hosting Solutions Paraguay SA
5	Backbone Mining	Backbone Mining Solutions LLC
6	BTC	Bitcoin
7	BVVE	Blockchain Verification and Validation Equipment
8	CAD	Canadian Dollars
9	USD	U.S. Dollars
10	ARS	Argentine Pesos

Digital Assets

12 Months Ended

Dec. 31, 2022

Disclosure of Digital Assets [Abstract]

DIGITAL ASSETS

NOTE 9: DIGITAL ASSETS

BTC transactions and the corresponding values for the years ended December 31, 2022 and December 31, 2021 were as follows:

	Year ended December 31,
	2022				2021
	Quantity		Value		Quantity		Value
Balance of digital assets including digital assets pledged as collateral as of January 1,	3,301		152,856		—		—
BTC mined*	5,167		138,985		3,453		164,393
BTC purchased	1,000		43,237		—		—
BTC exchanged for cash and services	(9,063	)	(179,729	)	(105	)	(4,841	)
BTC exchanged for long-term debt repayment	—		—		(47	)	(1,546	)
Realized loss on disposition of digital assets	—		(150,810	)	—		(289	)
Change in unrealized gain (loss) on revaluation of digital assets	—		2,166		—		(4,861	)
Balance of digital assets as of December 31,	405		6,705		3,301		152,856
Less digital assets pledged as collateral as of December 31,**	(125	)	(2,070	)	(1,875	)	(86,825	)
Balance of digital assets excluding digital assets pledged as collateral as of December 31,	280		4,635		1,426		66,031

* Management estimates the fair value of BTC mined on a daily basis as the quantity of cryptocurrency received multiplied by the price quoted on Coinmarketcap on the day it was received. Management considers the prices quoted on Coinmarketcap to be a level 2 input under IFRS 13, Fair Value Measurement.

** Refer to Note 16 and 17 for details of the Company’s credit facility and long-term debt, respectively, and BTC pledged as collateral.

Long-Term Deposits, Equipment Prepayments, Other and Commitments

12 Months Ended

Dec. 31, 2022

Long-Term Deposits, Equipment Prepayments, Other and Commitments [Abstract]

LONG-TERM DEPOSITS, EQUIPMENT PREPAYMENTS, OTHER AND COMMITMENTS

NOTE 14: LONG-TERM DEPOSITS, EQUIPMENT PREPAYMENTS, OTHER AND COMMITMENTS

		As of December 31,	As of December 31,
		2022	2021
VAT receivable	a	2,083	2,067
Security deposits for energy, insurance and rent		3,872	1,555
Equipment and construction prepayments	b	32,230	83,059
		38,185	86,681

Refundable Argentine value-added tax (“VAT”)

Refer to Note 28 for details about the discount expense applied to the Argentine VAT receivable.

Equipment and construction prepayments

As of December 31, 2022, the Company has deposits on BVVE and electrical components in the amount of $23,450, which includes the $22,376 credit for future purchase agreements as described below. In addition, the Company has deposits for construction work and materials in the amount of $8,780, mainly for the Argentina expansion.

During the year ended December 31, 2022, the Company recognized an impairment loss of $30,199 on the equipment and construction prepayments. Refer to Note 11 for more details. A portion of the impairment was transferred to PPE along with the original amount of the deposits when the assets were received. Refer to Note 12 for more details.

Commitments

In December 2022, the Company renegotiated its 48,000 unit purchase agreements by extinguishing the outstanding commitments of $45,350 without penalty and establishing a $22,376 credit for deposits previously made which will be carried forward until the end of 2023 and applied against future purchase agreements. As of December 31, 2022, the Company no longer had commitments.

Credit Facility

12 Months Ended

Dec. 31, 2022

Credit Facility [Abstract]

CREDIT FACILITY

NOTE 16: CREDIT FACILITY

	As of December 31,	As of December 31,
	2022	2021
Revolving credit facility	—	60,000
Interest payable on revolving credit facility	—	2
	—	60,002

Original terms

On December 30, 2021, the Company entered into a secured revolving credit facility up to $100,000 (the “Credit Facility” or the “Facility”) for a term of 6 months with Galaxy Digital LLC (the “Facility Lender”). The Credit Facility bore interest at a rate of 10.75% per annum with a commitment fee of 0.75% per annum charged on the unused portion of the $100,000 Facility. The Facility was secured by BTC, with the value of BTC pledged as collateral calculated as a percentage of the amount borrowed. As of December 31, 2021, the Company had drawn $60,000 of the Facility and pledged 1,875 BTC as collateral with a fair market value of $86,825.

During the first quarter of 2022, the Company drew an additional $40,000 on the Credit Facility, bringing the total amount drawn to $100,000 as of March 31, 2022.

Amendments

On June 30, 2022, the Company amended its Credit Facility and extended its maturity date to October 1, 2022. Under the new terms, the maximum limit of the amended Facility is $40,000, bears interest at 11.25% per annum and has a commitment fee of 0.25% per annum charged on the unused portion of the Facility. The amended Facility also includes a provision which allows the Company to repay up to $15,000 of the Facility prior to July 30, 2022, without incurring any prepayment penalty.

On September 29, 2022, the Company amended its Credit Facility and extended its maturity date from October 1, 2022 to December 29, 2022. Under the new terms, the maximum limit of the amended Facility is $40,000, bears interest at 11.25% per annum and has a commitment fee of 0.25% per annum charged on the unused portion of the Facility. The amended Facility also includes a provision which allows the Company to prepay the Credit Facility with a prepayment fee of 50% of the remaining interest that would be owed if the Facility was held to maturity.

In the event that the Company seeks to transfer or convert the Credit Facility prior to the scheduled maturity date in order to enter into a new transaction with the Facility Lender or its affiliates, the early termination fee shall be waived for the Company for any portion of the Facility subject to such transfer or conversion.

Full repayment of the Credit Facility

During the year ended December 31, 2022, the Company fully repaid the Credit Facility for an amount of $100,000.

Accounting Policies, by Policy (Policies)

12 Months Ended

Dec. 31, 2022

Accounting Policies [Abstract]

Basis of presentation of the financial statements

a.	Basis of presentation of the financial statements

The consolidated financial statements of the Company have been prepared in accordance with International Financial Reporting Standards as issued by the International Accounting Standards Board (“IFRS”). These consolidated financial statements were approved and authorized for issue by the Board of Directors on March 20, 2023.

The consolidated financial statements have been prepared on a cost basis, except for derivative financial instruments and digital assets that are measured at fair value. The consolidated financial statements are presented in U.S. dollars and all values are rounded to the nearest thousand, except where otherwise indicated.

New accounting amendments issued and adopted by the Company

c.	New accounting amendments issued and adopted by the Company

The following amendments to existing standards were adopted by the Company as of January 1, 2022:

Amendments IFRS 3, Business Combinations (’‘IFRS 3’’)

Amendments to IFRS 3 are designed to: i) update its reference to the 2018 Conceptual Framework instead of the 1989 Framework; ii) add a requirement that, for obligations within the scope of IAS 37, Provisions, Contingent Liabilities and Contingent Assets (“IAS 37”), an acquirer applies IAS 37 to determine whether at the acquisition date a present obligation exists as a result of past events. For a levy that would be within the scope of IFRIC Interpretation 21, Levies (“IFRIC 21”), the acquirer applies IFRIC 21 to determine whether the obligating event that gives rise to a liability to pay the levy has occurred by the acquisition date; and iii) add an explicit statement that an acquirer does not recognize contingent assets acquired in a business combination.

Amendments to IAS 16, Property, Plant and Equipment (’‘IAS 16’’)

Amendments to IAS 16 prohibit deducting from the cost of an item of property, plant and equipment any proceeds from selling items produced before that asset is available for use (i.e., proceeds received while bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management). Instead, an entity recognizes the proceeds from selling such items, and the cost of producing those items, in profit or loss.

Amendments to IFRS 9, Financial Instruments (’‘IFRS 9’’)

Amendments to IFRS 9 clarify which fees an entity includes when it applies the “10 per cent” test in assessing whether to derecognize a financial liability. An entity includes only fees paid or received between the entity (the borrower) and the lender, including fees paid or received by either the entity or the lender on the other’s behalf.

Amendments to IFRS 16, Leases (’‘IFRS 16’’)

Amendments to IFRS 16 remove the illustration of the reimbursement of leasehold improvements included in the Illustrative Example 13 of IFRS 16 since it does not explain clearly enough the conclusion as to whether the reimbursement would meet the definition of a lease incentive in IFRS 16.

The adoption of the amendments listed above did not have a significant impact on the Company’s consolidated financial statements.

New accounting amendments issued to be adopted at a later date

d.	New accounting amendments issued to be adopted at a later date

The following amendments to existing standards have been issued and are applicable to the Company for its annual period beginning on January 1, 2023 and thereafter, with an earlier application permitted:

Amendments to IAS 1, Presentation of Financial Statements (“IAS 1”)

Amendments to IAS 1 change the requirements in IAS 1 with regard to disclosure of accounting policies. Applying the amendments, an entity discloses its material accounting policies, instead of its significant accounting policies. Further amendments to IAS 1 are made to explain how an entity can identify a material accounting policy.

Amendments to IAS 8, Accounting Policies, Changes in Accounting Estimates and Errors (“IAS 8”)

Amendments to IAS 8 replace the definition of a change in accounting estimates. Under the new definition, accounting estimates are “monetary amounts in financial statements that are subject to measurement uncertainty”.

The following amendments to existing standards have been issued and are applicable to the Company for its annual period beginning on January 1, 2024 and thereafter, with an earlier application permitted:

Amendments to IAS 1

Amendments to IAS 1 clarify how to classify debt and other liabilities as current or non-current. The amendments help to determine whether, in the consolidated financial statements, debt and other liabilities with an uncertain settlement date should be classified as current (due or potentially due to be settled within one year) or non-current. The amendments also include clarifying the classification requirements for debt an entity might settle by converting it into equity.

Amendments to IAS 1 specify that covenants to be complied with after the reporting date do not affect the classification of debt as current or non-current at the reporting date. Instead, the amendments require to disclose information about these covenants in the notes to the financial statements.

The Company is currently evaluating the impact of adopting the amendments on the Company’s financial statements.

Comparative figures

e.	Comparative figures revised

Certain figures in the comparative period of the consolidated financial statements have been revised to conform to the current presentation. Specifically, within the consolidated statements of cash flows, cash flows related to the purchase and disposal of marketable securities were amended to be presented on a gross basis within investing activities, and as such, the financial statement line items “Purchase of marketable securities” and “Proceeds from disposition of marketable securities” were added in the current and comparative year, all within investing activities. Previously, such amounts were classified as a net cash flow within “Net financial (income) expenses” under operating activities. The revision between operating and investing activities was $6,149.

Basis of Presentation and Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2022

Disclosure of Significant Accounting Policies [Abstract]

Schedule of right-of-use assets

Asset Class	Depreciation Method	Depreciation period
Leased premises	Straight-line	4-10 years
Vehicles and other	Straight-line	3-5 years
BVVE and Electrical components	Sum of years	5 years

Schedule of years depreciation method

	Year 1	Year 2	Year 3	Year 4	Year 5
Rate	5/15	4/15	3/15	2/15	1/15
Percentage	33.33%	26.67%	20.00%	13.33%	6.67%

	Year 1	Year 2	Year 3	Year 4	Year 5
Rate	5/15	4/15	3/15	2/15	1/15
Percentage	33.33%	26.67%	20.00%	13.33%	6.67%

Schedule of intangible assets are amortized

Asset Class	Depreciation Method	Depreciation period
Computer software	Sum of years	5 years
Favorable lease	Straight-line	Lease term

Business Combination (Tables)

12 Months Ended

Dec. 31, 2022

Disclosure of Business Combination [Abstract]

Schedule of fair values of the identifiable assets

			November 9,
			2021

Consideration transferred
Cash paid at closing			23,000
Value of 415,000 common shares transferred at closing			3,676
Fair value of total consideration transferred			26,676

Recognized amounts of identifiable assets acquired
Electrical components			5,954
Buildings			748
Land			74
Intangible assets - favorable lease			2,000
Total identifiable assets acquired			8,776
Goodwill			17,900

Cash (Tables)

12 Months Ended

Dec. 31, 2022

Disclosure of Cash And Cash Equivalents [Abstract]

Schedule of cash

	As of December 31,	As of December 31,
	2022	2021
Cash in USD	24,596	120,846
Cash in USD held in trust	—	322
Cash in CAD	4,916	3,475
Cash in CAD held in trust	78	—
Cash in ARS	1,297	952
	30,887	125,595

Trade Receivables (Tables)

12 Months Ended

Dec. 31, 2022

Trade Receivables [Abstract]

Schedule of credit risk exposure of the company’s trade receivables

	As of December 31,		As of December 31,
	2022		2021
1 - 30 days	501		441
31 - 60 days	99		382
61 - 90 days	53		73
> 91 days	85		260
Allowance for ECL	(37	)	(118	)
	701		1,038

Other Assets (Tables)

12 Months Ended

Dec. 31, 2022

Disclosure Of Other Assets Text Block Abstract

Schedule of other assets

	As of December 31,	As of December 31,
	2022	2021
Electrical component inventory	588	548
Sales taxes receivable*	3,816	1,980
Insurance refund and other receivables	108	697
	4,512	3,225

* Refer to Note 28b for more details about the provision applied to the Argentine value-added tax (VAT) receivable included in sales taxes receivable.

Digital Assets (Tables)

12 Months Ended

Dec. 31, 2022

Disclosure of Digital Assets [Abstract]

Schedule of Bitcoin transactions and the corresponding values

	Year ended December 31,
	2022				2021
	Quantity		Value		Quantity		Value
Balance of digital assets including digital assets pledged as collateral as of January 1,	3,301		152,856		—		—
BTC mined*	5,167		138,985		3,453		164,393
BTC purchased	1,000		43,237		—		—
BTC exchanged for cash and services	(9,063	)	(179,729	)	(105	)	(4,841	)
BTC exchanged for long-term debt repayment	—		—		(47	)	(1,546	)
Realized loss on disposition of digital assets	—		(150,810	)	—		(289	)
Change in unrealized gain (loss) on revaluation of digital assets	—		2,166		—		(4,861	)
Balance of digital assets as of December 31,	405		6,705		3,301		152,856
Less digital assets pledged as collateral as of December 31,**	(125	)	(2,070	)	(1,875	)	(86,825	)
Balance of digital assets excluding digital assets pledged as collateral as of December 31,	280		4,635		1,426		66,031

** Refer to Note 16 and 17 for details of the Company’s credit facility and long-term debt, respectively, and BTC pledged as collateral.

Impairment (Tables)

12 Months Ended

Dec. 31, 2022

Disclosure of Impairment Loss and Reversal of Impairment Loss [Abstract]

Schedule of impairment on equipment and construction prepayments

Year ended December 31,
								2022
		Equipment and construction prepayments		Assets held for sale	ROU assets	Property, plant and equipment	Goodwill	Total
Washington State cryptocurrency mining CGU (“Washington CGU”)	a, c	—		—	306	6,208	17,900	24,414
Argentina cryptocurrency mining CGU (“Argentina CGU”)	b, c	50,326		—	1,728	32,027	—	84,081
Quebec cryptocurrency mining CGU (“Quebec CGU”)	c	(11,641	)	—	—	—	—	(11,641	)
Paraguay cryptocurrency mining CGU (“Paraguay CGU”)	c	(8,486	)	—	—	—	—	(8,486	)
Miners held for sale	e	—		545	—	—	—	545
Suni mineral asset	f	—		—	—	4,200	—	4,200
		30,199		545	2,034	42,435	17,900	93,113

Year ended December 31,
									2021
Quebec CGU	d	—	—		—	(970	)	—		(970	)
Miners held for sale	e	—	(890	)	—	—		—		(890	)
Suni mineral asset	f	—	—		—	1,800		—		1,800
		—	(890	)	—	830		—		(60	)

Schedule of further impairment

			Increase in impairment loss
A decrease of 1% in revenues			476
An increase of 1% in the discount rate			460
An increase of 1% in energy prices			145

			Increase in impairment loss
A decrease of 1% in revenues			711
An increase of 1% in the discount rate			630
An increase of 1% in energy prices			211

			Increase in impairment loss
Additional decrease of 1% in revenues			2,861
Additional increase of 1% in the discount rate			2,432
Additional increase of 1% in energy prices			1,184

Schedule of key assumptions used in the value in use calculation

		Reversal of impairment (d)	Impairment (a)	Impairment (b)	Impairment and reversal of impairment (c)
		Third quarter of 2021	Second quarter of 2022	Third quarter of 2022	Fourth quarter of 2022
Revenues*	Two optimistic and two pessimistic scenarios and one status quo scenario, each with an estimated future BTC price and network difficulty, were used to project revenues and associated cash flows from cryptocurrency mining. Management assigned probabilities to each scenario to calculate weighted average expected outcomes.	The weighted average daily revenue per Terahash used in the value in use calculation was $0.22/Terahash	The weighted average daily revenue per Terahash used in the value in use calculation was $0.12/Terahash	The weighted average daily revenue per Terahash used in the value in use calculation was $0.12/Terahash	The weighted average daily revenue per Terahash used in the value in use calculation was $0.11/Terahash
Discount rate and period	The discount rate reflects management’s assumptions regarding the unit’s specific risk. The pre-tax discount rate used was estimated with some of the risk already being implicitly reflected through management’s allocation of probabilities to the various scenarios included in the revenue calculation.	The discount pre-tax rate used was estimated at 18.3%	The value in use of the CGU was determined based on the present value of the expected cash flows over a four-year period discounted at an annual pre-tax rate of 24.75% in varying scenarios	The value in use of the Quebec, Washington State and Argentina CGUs were determined based on the present value of the expected cash flows over five-year, four-year and five-year periods, respectively, discounted at annual pre-tax rates of 29.00%, 29.75% and 38.25%, respectively, in varying scenarios	The value in use of the Quebec, Washington State, Paraguay and Argentina CGUs were determined based on the present value of the expected cash flows over five-year, four-year, five-year and five-year periods, respectively, discounted at annual pre-tax rates of 25.25%, 26.00%, 30.75% and 34.75%, respectively, in varying scenarios
Energy prices	Management estimated that energy prices for the duration of the forecasted years will be approximately:	$0.04 per kilowatt hour for the Quebec CGU	$0.027 per kilowatt hour for the Washington State CGU	$0.046, $0.027 and $0.030 per kilowatt hour for the Quebec, Washington State and Argentina CGUs, respectively	$0.048, $0.044, $0.038 and $0.039 per kilowatt hour for the Quebec, Washington State, Paraguay and Argentina CGUs, respectively
Terminal values	Management estimated the terminal value of the Miners included in the CGU for the purposes of the impairment testing to be the daily revenue per Terahash in effect at the end of the value in use calculation multiplied by the ending hashrate for a period of:	Approximately 6 months	Approximately 6 months	Not applicable	Not applicable

Property, Plant and Equipment (Tables)

12 Months Ended

Dec. 31, 2022

Disclosure of Property, Plant and Equipment [Abstract]

Schedule of property, plant and equipment

	Notes	BVVE and electrical components		Mineral assets	Land and buildings		Leasehold improvements	Vehicles		Total
Cost
Balance as of January 1, 2022		156,647		9,000	4,549		5,783	547		176,526
Measurement period adjustment to business combination	5	(1,127	)	—	(18	)	—	—		(1,145	)
Additions		164,437		—	3,239		39,495	552		207,723
Dispositions		(3,609	)	—	(3,378	)	—	(17	)	(7,004	)
Transfer to assets held for sale	10	(8,143	)	—	—		—	—		(8,143	)
Balance as of December 31, 2022		308,205		9,000	4,392		45,278	1,082		367,957

Accumulated Depreciation
Balance as of January 1, 2022		35,766		1,800	286		1,560	264		39,676
Depreciation		66,319		—	193		1,703	124		68,339
Dispositions		(2,562	)	—	(366	)	—	(13	)	(2,941	)
Transfer to assets held for sale	10	(6,040	)	—	—		—	—		(6,040	)
Impairment	11	24,820		4,200	157		13,107	151		42,435
Impairment on deposits transferred to PPE		1,794		—	—		5,266	—		7,060
Balance as of December 31, 2022		120,097		6,000	270		21,636	526		148,529

Net book value as of December 31, 2022		188,108		3,000	4,122		23,642	556		219,428

	Notes	BVVE and electrical components		Mineral assets	Land and buildings		Leasehold improvements		Vehicles		Total
Cost
Balance as of January 1, 2021		52,676		9,000	3,263		2,707		448		68,094
Additions through business combination	5	7,081		—	840		—		—		7,921
Additions		114,323		—	470		3,265		136		118,194
Dispositions		(6,146	)	—	(24	)	(189	)	(37	)	(6,396	)
Transfer to assets held for sale	10	(11,287	)	—	—		—		—		(11,287	)
Balance as of December 31, 2021		156,647		9,000	4,549		5,783		547		176,526

Accumulated Depreciation
Balance as of January 1, 2021		30,042		—	185		1,861		213		32,301
Depreciation		22,233		—	104		396		79		22,812
Dispositions		(5,172	)	—	(3	)	(148	)	(28	)	(5,351	)
Transfer to assets held for sale	10	(10,916	)	—	—		—		—		(10,916	)
Impairment	11	—		1,800	—		—		—		1,800
Impairment reversal	11	(421	)	—	—		(549	)	—		(970	)
Balance as of December 31, 2021		35,766		1,800	286		1,560		264		39,676

Net book value as of December 31, 2021		120,881		7,200	4,263		4,223		283		136,850

Schedule of quantity of BVVE held by the company

	Notes	MicroBT Whatsminer*		Bitmain S19j Pro	Innosilicon T3 & T2T**		Canaan Avalon A10		Bitmain S19XP		Other Bitmain Antminers***		Total
Quantity as of January 1, 2022		18,675		7,172	6,446		1,024		—		8,073		41,390
Additions		28,499		—	—		—		801		—		29,300
Dispositions		(1,799	)	—	(735	)	(1,024	)	(801	)	(8,073	)	(12,432	)
Quantity as of December 31, 2022		45,375		7,172	5,711		—		—		—		58,258
Classified as assets held for sale	10	(2,512	)	—	(1,272	)	—		—		—		(3,784	)
Presented as ROU asset****	18	(3,000	)	—	—		—		—		—		(3,000	)
Presented as property, plant and equipment		39,863		7,172	4,439		—		—		—		51,474

Long-Term Deposits, Equipment Prepayments, Other and Commitments (Tables)

12 Months Ended

Dec. 31, 2022

Long-Term Deposits, Equipment Prepayments, Other and Commitments [Abstract]

Schedule of long-term deposits, equipment prepayments, other and commitments

		As of December 31,	As of December 31,
		2022	2021
VAT receivable	a	2,083	2,067
Security deposits for energy, insurance and rent		3,872	1,555
Equipment and construction prepayments	b	32,230	83,059
		38,185	86,681

Credit Facility (Tables)

12 Months Ended

Dec. 31, 2022

Credit Facility [Abstract]

Schedule of credit facility

	As of December 31,	As of December 31,
	2022	2021
Revolving credit facility	—	60,000
Interest payable on revolving credit facility	—	2
	—	60,002

Long-Term Debt (Tables)

12 Months Ended

Dec. 31, 2022

Long-Term Debt [Abstract]

Schedule of equipment financing and balance of the loans and the net book value (NBV)

	Maturity date	Stated rate		Effective rate*		Monthly repayment ($)	Long-term debt balance ($)	NBV of Collateral ($)	Collateral**
Foundry Loan #2	March 2023	16.5	%	16.5	%	94	185	1,254	300
Foundry Loan #3	April 2023	16.5	%	16.5	%	88	257	1,044	300
Foundry Loan #4	May 2023	16.5	%	16.5	%	100	387	1,231	400
Blockfi Loan	February 2024	14.5	%	18.1	%	1,455	19,952	28,360	6,100
NYDIG Loan	February 2024	12.0	%	14.4	%	2,043	26,239	34,852	10,395
Total						3,780	47,020	66,741	17,495

Leases (Tables)

12 Months Ended

Dec. 31, 2022

Leases [Abstract]

Schedule of right-of-use assets and lease liabilities

	Leased premises		Vehicles		Other equipment		Total ROU assets		Lease liabilities
As of January 1, 2022	9,038		283		76		9,397		13,573
Additions and extensions to ROU assets	9,526		118		1,693		11,337		11,354
Depreciation	(1,975	)	(129	)	(121	)	(2,225	)	—
Lease termination	(104	)	(7	)	—		(111	)	(112	)
Impairment	(791	)	—		(1,243	)	(2,034	)	—
Payments	—		—		—		—		(7,528	)
Interest	—		—		—		—		1,451
Foreign exchange	—		—		—		—		(874	)
As of December 31, 2022	15,694		265		405		16,364		17,864
Less current portion of lease liabilities									(3,649	)
Non-current portion of lease liabilities									14,215

	Leased premises		Vehicles		Other equipment		Total ROU assets		Lease liabilities
As of January 1, 2021	5,129		180		84		5,393		11,023
Additions and extensions to ROU assets	5,713		205		21		5,939		5,911
Additions to property, plant and equipment	—		—		—		—		7,786
Depreciation	(1,040	)	(99	)	(29	)	(1,168	)	—
Lease termination	(764	)	(3	)	—		(767	)	(892	)
Lease liabilities converted to long-term debt	—		—		—		—		(3,904	)
Payments	—		—		—		—		(5,746	)
Issuance of warrants	—		—		—		—		(2,160	)
Interest	—		—		—		—		1,513
Foreign exchange	—		—		—		—		42
As of December 31, 2021	9,038		283		76		9,397		13,573
Less current portion of lease liabilities									(4,346	)
Non-current portion of lease liabilities									9,227

Income Taxes (Tables)

12 Months Ended

Dec. 31, 2022

Disclosure of Income Taxes [Abstract]

Schedule of current and deferred income tax expense (recovery)

	Year ended December 31,
	2022			2021
Current tax (recovery) expense:
Current year		(9,030	)		12,358
Prior year		68			(693	)
		(8,962	)		11,665

Deferred tax (recovery) expense:
Current year		(8,446	)		8,665
Prior year		(4	)		177
		(8,450	)		8,842
		(17,412	)		20,507

Schedule of effective tax rate

	Year ended December 31,
	2022					2021
Income tax recovery at statutory rate of 26.5%		(67,962	)	26.5	%		11,299		26.5	%
Increase (decrease) in taxes resulting from:
Foreign tax rate differential		1,070		(0.4	)%		383		0.9	%
Prior year		64		—	%		(516	)	(1.2	)%
Non-deductible expenses and other		(92	)	—	%		12,996		30.5	%
Deferred tax asset not recognized		49,508		(19.3	)%		(3,655	)	(8.6	)%
		(17,412	)	6.8	%		20,507		48.1	%

Schedule of deferred tax asset

	Operating losses carried forward		Lease liability	Asset Retirement provision	Financing fees		PPE		Reserves and other	Total
As of January 1, 2021	663		2,905	55	214		—		—	3,837
Credited (charged) to statements of profit or loss	(4,318	)	236	29	(750	)	478		1,288	(3,037	)
Credited to statements of equity	—		—	—	4,287		—		—	4,287
Deferred tax asset recognized in the statements of profit or loss	3,655		—	—	—		—		—	3,655
As of December 31, 2021	—		3,141	84	3,751		478		1,288	8,742
Credited to statements of profit or loss	43,713		1,020	42	144		15,855		11,335	72,109
Deferred tax asset derecognized in the statements of profit or loss	(43,713	)	—	—	—		(5,795	)	—	(49,508	)
Deferred tax asset derecognized in the statements of equity	—		—	—	(3,895	)	—		—	(3,895	)
As of December 31, 2022	—		4,161	126	—		10,538		12,623	27,448

Schedule of deferred tax liability

	PPE	ROU Asset	Total
As of January 1, 2021	902	2,935	3,837
Charged to statements of profit or loss	8,385	1,075	9,460
As of December 31, 2021	9,287	4,010	13,297
Charged to statements of profit or loss	12,231	1,920	14,151
As of December 31, 2022	21,518	5,930	27,448

Asset Retirement Provision (Tables)

12 Months Ended

Dec. 31, 2022

Disclosure of Asset Retirement Provision [Abstract]

Schedule of asset retirement provision

	As of December 31,		As of December 31,
	2022		2021
Balance as of January 1,	239		209
Additions during the period	1,701		91
Accretion expense	93		19
Effect of change in the foreign exchange rate	(54	)	—
Balance as of December 31,	1,979		319
Less current portion of asset retirement provision included in accounts payable and accrued liabilities	—		(80	)
Non-current portion of asset retirement provision	1,979		239

Financial Instruments (Tables)

12 Months Ended

Dec. 31, 2022

Disclosure of Financial Instruments [Abstract]

Schedule of carrying values and the fair value of assets and liabilities

		As of December 31,		As of December 31,
		2022		2021
Financial assets at amortized cost
Cash	Level 1	30,887		125,595
Trade receivables	Level 2	701		1,038
Insurance refund and other receivables	Level 2	108		697
Total carrying amount and fair value		31,696		127,330

Financial liabilities at amortized cost
Trade payables and accrued liabilities	Level 2	20,541		14,480
Long-term debt	Level 2	47,147		11,167
Credit Facility	Level 2	—		60,002
Total carrying amount and fair value		67,688		85,649

Net carrying amount and fair value		(35,992	)	41,681

Schedule of foreign currency risk

	As a of December 31,				As a of December 31,
	2022				2021
	CAD		ARS		CAD		ARS
Cash	4,994		1,297		3,475		952
Other assets	—		—		675		23
Trade receivables	609		—		1,038		—
Trade payables and accrued liabilities	(6,228	)	(4,849	)	(4,964	)	(718	)
Long-term debt	(126	)	—		(126	)	—
	(751	)	(3,552	)	98		257

Transactions and Balances with Related Parties (Tables)

12 Months Ended

Dec. 31, 2022

Transactions and Balances with Related Parties [Abstract]

Schedule of balances with related parties

	As of December 31,	As of December 31,
	2022	2021
Trade payables and accrued liabilities
Directors’ remuneration	1,522	19
Director and senior management incentive plan	95	1,465
	1,617	1,484

Lease liabilities
Companies controlled by directors	—	1,357

Schedule of compensation of key management and directors

	Year ended December 31,
	2022	2021
Short-term benefits*	48	5,004
Termination payments	1,466	—
Share-based payments	19,077	21,174
	20,591	26,178

Subsidiaries (Tables)

12 Months Ended

Dec. 31, 2022

Disclosure of Subsidiaries [Abstract]

Schedule of significant subsidiaries

Company name	Security type	Main place of business	Securities		Equity		Voting
Bitfarms Ltd. (Israel)	Ordinary shares	CDA	100	%	100	%	100	%
Volta	Ordinary shares	CDA	100	%	100	%	100	%
Backbone	Ordinary shares	CDA	100	%	100	%	100	%
Backbone Argentina	Ordinary shares	ARG	100	%	100	%	100	%
Backbone Paraguay	Ordinary shares	PAR	100	%	100	%	100	%
Backbone Mining	Ordinary shares	USA	100	%	100	%	100	%

Share-Based Payment (Tables)

12 Months Ended

Dec. 31, 2022

Disclosure of Share Based Payment Arrangements [Abstract]

Schedule of expense recognized in the financial statements for employee services received

	Year ended December 31,
	2022	2021
Equity-settled share-based payment plans	21,788	22,585

Schedule of inputs used to value the option grants using the black-scholes model

Grant date	March 31, 2022		May 19, 2022		June 30, 2022		November 16, 2022		December 27, 2022
Dividend yield (%)	—		—		—		—		—
Expected share price volatility (%)	105	%	106	%	102	%	103	%	102	%
Risk-free interest rate (%)	2.49	%	2.78	%	2.99	%	4.13	%	4.17	%
Expected life of stock options (years)	3		3		3		3		3
Share price (CAD)	4.71		2.45		1.50		1.00		0.55
Exercise price (CAD)	4.71		2.45		1.50		1.00		0.55
Fair value of options (USD)	2.40		1.21		0.72		0.46		0.25
Vesting period (years)	1.5		1.5		1.5		1.5		1.5
Number of options granted	120,000		5,382,000		20,000		200,000		3,870,000

Schedule of outstanding stock options

	Year ended December 31,
	2022			2021
	Number of Options		Weighted Average Exercise Price ($CAD)	Number of Options		Weighted Average Exercise Price ($CAD)
Outstanding, January 1,	12,547,000		4.86	8,100,000		0.72
Granted	9,592,000		1.68	10,775,000		5.91
Exercised	(70,000	)	0.41	(6,074,000	)	1.27
Forfeited	(205,000	)	5.65	(251,000	)	3.41
Expired	(60,000	)	4.37	(3,000	)	0.99
Outstanding, December 31,	21,804,000		3.47	12,547,000		4.86
Exercisable, December 31,	2,306,375		0.46	5,676,000		4.57

Geographical Information (Tables)

12 Months Ended

Dec. 31, 2022

Geographical Information [Abstract]

Schedule of revenues

	Year ended December 31,
	2022		2021
Canada		112,106		153,265
USA		25,095		16,226
Argentina		1,455		—
Paraguay		3,772		—
		142,428		169,491

Schedule of property, plant and equipment

	As of December 31,	As of December 31,
	2022	2021
Canada	142,654	83,402
USA	32,664	51,672
Argentina	31,927	665
Paraguay	12,183	1,111
	219,428	136,850

Additional Details to the Statement of Cash Flows (Tables)

12 Months Ended

Dec. 31, 2022

Additional Details to the Statement of Cash Flows [Abstract]

Schedule of additional details to the statement of cash flows

	Year ended December 31,
	2022		2021
Changes in working capital components:
Decrease in trade receivables, net	429		64
Increase in other current assets	(4,563	)	(5,082	)
Decrease (increase) in long-term deposits	188		(613	)
Increase in trade payables and accrued liabilities	94		9,244
Increase (decrease) in taxes payable	(126	)	11,777
	(3,978	)	15,390
Significant non-cash transactions:
Addition of right-of-use assets, property, plant and equipment and related lease liabilities	11,354		8,682
Purchase of property, plant and equipment financed by short-term credit	1,601		2,802
Extinguishment of warrant liability and long-term debt through share issuance	—		24,322
Issuance of shares in connection with business combination	—		3,676
Equipment prepayments realized as additions to property, plant and equipment	54,135		—
Deferred tax expense related to equity issuance costs	(3,895	)	4,287

Nature of Operations (Details) - Schedule of financial statements	12 Months Ended
	Dec. 31, 2022
Nature of Operations (Details) - Schedule of financial statements [Line Items]
Financial statements terms	ARS

Liquidity (Details) - USD ($) $ in Thousands		12 Months Ended
Liquidity (Details) - USD ($) $ in Thousands	Feb. 08, 2023	Dec. 31, 2022
Liquidity (Details) [Line Items]
Purchase agreements		$ 48,000
Outstanding principal and interest		$ 20,000
Extinguishment of long-term debt	$ 12,578

Basis of Presentation and Significant Accounting Policies (Details)	12 Months Ended
	Dec. 31, 2022 USD ($)
Disclosure of Significant Accounting Policies [Abstract]
Operating and investing revision amount	$ 6,149

Basis of Presentation and Significant Accounting Policies (Details) - Schedule of property, plant and equipment	12 Months Ended
	Dec. 31, 2022
Basis of Presentation and Significant Accounting Policies (Details) - Schedule of property, plant and equipment [Line Items]
BVVE, Depreciation Method	Sum of years
Depreciation method of property, plant and equipment	Declining balance

Basis of Presentation and Significant Accounting Policies (Details) - Schedule of years depreciation method	12 Months Ended
	Dec. 31, 2022
Basis of Presentation and Significant Accounting Policies (Details) - Schedule of years depreciation method [Line Items]
Rate	1/15

Basis of Presentation and Significant Accounting Policies (Details) - Schedule of intangible assets are amortized	12 Months Ended
	Dec. 31, 2022
Basis of Presentation and Significant Accounting Policies (Details) - Schedule of intangible assets are amortized [Line Items]
Depreciation period	Lease term

Business Combination (Details) - USD ($) $ in Thousands		1 Months Ended	12 Months Ended
Business Combination (Details) - USD ($) $ in Thousands	Nov. 09, 2021	May 31, 2022	Dec. 31, 2021
Disclosure of Business Combination [Abstract]
Common shares (in Shares)	415,000
Monthly payments	$ 110
Electrical components	$ 5,954	$ 5,954
Decrease of provisional value		$ 1,127
Hosting fees			$ 3,907

Business Combination (Details) - Schedule of fair values of the identifiable assets - USD ($) $ in Thousands		1 Months Ended
	Nov. 09, 2021	May 31, 2022
Recognized amounts of identifiable assets acquired
Electrical components	$ 5,954	$ 5,954
Intangible assets - favorable lease	$ 2,000

Business Combination (Details) - Schedule of fair values of the identifiable assets (Parentheticals)	Nov. 09, 2021 shares
Business Combination (Details) - Schedule of fair values of the identifiable assets (Parentheticals) [Line Items]
Common shares transferred at closing	415,000

Trade Receivables (Details)	12 Months Ended
Trade Receivables (Details)	Dec. 31, 2022
Trade Receivables (Details) [Line Items]
Trade receivables terms	90 years

Trade Receivables (Details) - Schedule of credit risk exposure of the company’s trade receivables - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Trade Receivables (Details) - Schedule of credit risk exposure of the company’s trade receivables [Line Items]
Gross carrying amount	$ 701	$ 1,038

Other Assets (Details) - Schedule of other assets - USD ($)
$ in Thousands

Dec. 31, 2022

Dec. 31, 2021

Schedule of Other Assets [Abstract]

Electrical component inventory

$ 588

$ 548

Sales taxes receivable

^[1]

3,816

1,980

Insurance refund and other receivables

$ 108

$ 697

[1]	Refer to Note 28b for more details about the provision applied to the Argentine value-added tax (VAT) receivable included in sales taxes receivable.

Digital Assets (Details) - Schedule of Bitcoin transactions and the corresponding values
$ in Thousands

12 Months Ended

Dec. 31, 2022

USD ($)

Dec. 31, 2021

USD ($)

Schedule Of Bitcoin Transactions And The Corresponding Values Abstract

Quantity beginning balance

3,301

Value beginning balance

$ 152,856

Bitcoin mined, Quantity

^[1]

5,167

3,453

Bitcoin mined, Value

^[1]

$ 138,985

$ 164,393

BTC purchased, Quantity

1,000

BTC purchased, Value

$ 43,237

Bitcoin exchanged for cash and services, Quantity

(9,063)

(105)

Bitcoin exchanged for cash and services, Value

$ (179,729)

$ (4,841)

Bitcoin exchanged for long-term debt repayment, Quantity

(47)

Bitcoin exchanged for long-term debt repayment, Value

$ (1,546)

Gain (Loss) on disposition of Bitcoin, Quantity

Gain (Loss) on disposition of Bitcoin, Value

$ (150,810)

$ (289)

Revaluation of digital assets, Quantity

Revaluation of digital assets, Value

$ 2,166

$ (4,861)

Ending balance of digital assets, Quantity

405

3,301

Ending balance of digital assets, Value

$ 6,705

$ 152,856

Less digital assets pledged as collateral as of December 31, Quantity

^[2]

(125)

(1,875)

Less digital assets pledged as collateral as of December 31, Value

^[2]

$ (2,070)

$ (86,825)

Balance of digital assets excluding digital assets pledged as collateral as of December 31, Quantity

280

1,426

Balance of digital assets excluding digital assets pledged as collateral as of December 31, Value

$ 4,635

$ 66,031

[1]	Management estimates the fair value of BTC mined on a daily basis as the quantity of cryptocurrency received multiplied by the price quoted on Coinmarketcap on the day it was received. Management considers the prices quoted on Coinmarketcap to be a level 2 input under IFRS 13, Fair Value Measurement.
[2]	Refer to Note 16 and 17 for details of the Company’s credit facility and long-term debt, respectively, and BTC pledged as collateral.

Assets Held for Sale (Details) - USD ($) $ in Thousands	12 Months Ended
Assets Held for Sale (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Assets Held for Sale (Details) [Line Items]
Carrying amount	$ 748	$ 50
Net proceeds	896	75
Gain	148	$ 25
Loss	$ 678

Assets Held for Sale (Details) - Schedule of movement of assets held for sale
$ in Thousands

12 Months Ended

Dec. 31, 2022

USD ($)

Dec. 31, 2021

USD ($)

Assets Held for Sale (Details) - Schedule of movement of assets held for sale [Line Items]

Quantity, beginning balance

Value, beginning balance

Quantity, Additions

Value, Additions

^[1]

^[2]

Quantity, Dispositions

(5,748)

Quantity, Impairment

Value, Impairment

^[2]

Quantity, ending balance

Value, ending balance

^[1]

^[2]

[1]

Antminer S9 miners During the year ended December 31, 2021, the Company ceased using its Antminer S9 miners and planned to dispose of them within the next 12 months. During the year ended December 31, 2021, 258 Antminer S9 miners with a carry value of $50 were disposed for net proceeds of $75 resulting in a gain of $25. During the year ended December 31, 2022, 3,982 Antminer S9 miners with a carrying amount of $779 were disposed for net proceeds of $101 resulting in a loss of $678. The remaining Antminer S9 miners were not sold within 12 months since being classified as held for sale in 2021 due to the decline of the BTC price during the year ended December 31, 2022. As a result, these miners were written off and an impairment loss of $432 was recognized. Refer to Note 11.

[2]

MicroBT Whatsminer M20S miners During the year ended December 31, 2022, the Company ceased using its MicroBT Whatsminer M20S miners and plans to dispose of them within the next 12 months. The Company sold 1,559 MicroBT Whatsminer M20S miners with a carrying amount of $737 and disposed of them for net proceeds of $896 resulting in a gain of $159. Management determined that the remaining MicroBT Whatsminer M20S miners continue to meet the criteria to be classified as held for sale as of December 31, 2022.

Impairment (Details) - USD ($) $ in Thousands	3 Months Ended			12 Months Ended
Impairment (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Sep. 30, 2022	Jun. 30, 2022	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Impairment (Details) [Line Items]
Impairment charge to goodwill			$ 17,900
Equipment and construction prepayment		$ 48,865
ROU assets	80	1,648
Property, plant and equipment	$ 3,056	28,971
Purchase agreement				48,000
Deposits were reversed				$ 8,486
Energy price percentage				2.00%
Estimated cost compared						$ 9,000
Impairment value		$ 4,200				$ 1,800

Impairment (Details) - Schedule of impairment loss (reversal) in the consolidated statements of profit or loss and comprehensive profit or loss - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Schedule Of Impairment Loss Reversal In The Consolidated Statements Of Profit Or Loss And Comprehensive Profit Or Loss Abstract
Impairment loss reversal	$ 93,113	$ (60)

Impairment (Details) - Schedule of impairment on equipment and construction prepayments - USD ($) $ in Thousands	3 Months Ended		12 Months Ended
	Dec. 31, 2022	Sep. 30, 2022	Dec. 31, 2022	Dec. 31, 2021
Impairment (Details) - Schedule of impairment on equipment and construction prepayments [Line Items]
Equipment and construction prepayments
Assets held for sale
Property, plant and equipment	$ 3,056	$ 28,971
Goodwill
Total			$ 93,113	$ (60)

Impairment (Details) - Schedule of further impairment $ in Thousands	Dec. 31, 2022 USD ($)
Impairment (Details) - Schedule of further impairment [Line Items]
Increase in impairment loss decrease in revenues	$ 2,861
Increase in impairment loss increase in discount rate	2,432
Increase in impairment loss increase in energy prices	$ 1,184

Impairment (Details) - Schedule of further impairment (Parentheticals)	12 Months Ended
	Dec. 31, 2022
Impairment (Details) - Schedule of further impairment (Parentheticals) [Line Items]
An increase in energy prices	1.00%

Impairment (Details) - Schedule of key assumptions used in the value in use calculation

3 Months Ended

4 Months Ended

12 Months Ended

Sep. 30, 2022

Jun. 30, 2022

Mar. 31, 2021

Dec. 31, 2022

Schedule Of Key Assumptions Used In The Value In Use Calculation Abstract

Revenues

^[1]

The weighted average daily revenue per Terahash used in the value in use calculation was $0.12/Terahash

The weighted average daily revenue per Terahash used in the value in use calculation was $0.22/Terahash

The weighted average daily revenue per Terahash used in the value in use calculation was $0.11/Terahash

Two optimistic and two pessimistic scenarios and one status quo scenario, each with an estimated future BTC price and network difficulty, were used to project revenues and associated cash flows from cryptocurrency mining. Management assigned probabilities to each scenario to calculate weighted average expected outcomes.

Discount rate and period

The value in use of the Quebec, Washington State and Argentina CGUs were determined based on the present value of the expected cash flows over five-year, four-year and five-year periods, respectively, discounted at annual pre-tax rates of 29.00%, 29.75% and 38.25%, respectively, in varying scenarios

The value in use of the CGU was determined based on the present value of the expected cash flows over a four-year period discounted at an annual pre-tax rate of 24.75% in varying scenarios

The discount pre-tax rate used was estimated at 18.3%

The value in use of the Quebec, Washington State, Paraguay and Argentina CGUs were determined based on the present value of the expected cash flows over five-year, four-year, five-year and five-year periods, respectively, discounted at annual pre-tax rates of 25.25%, 26.00%, 30.75% and 34.75%, respectively, in varying scenarios

The discount rate reflects management’s assumptions regarding the unit’s specific risk. The pre-tax discount rate used was estimated with some of the risk already being implicitly reflected through management’s allocation of probabilities to the various scenarios included in the revenue calculation.

Energy prices

$0.046, $0.027 and $0.030 per kilowatt hour for the Quebec, Washington State and Argentina CGUs, respectively

$0.027 per kilowatt hour for the Washington State CGU

$0.04 per kilowatt hour for the Quebec CGU

$0.048, $0.044, $0.038 and $0.039 per kilowatt hour for the Quebec, Washington State, Paraguay and Argentina CGUs, respectively

Management estimated that energy prices for the duration of the forecasted years will be approximately:

Terminal values

Not applicable

Approximately 6 months

Not applicable

Management estimated the terminal value of the Miners included in the CGU for the purposes of the impairment testing to be the daily revenue per Terahash in effect at the end of the value in use calculation multiplied by the ending hashrate for a period of:

[1]	Changes in BTC price and BTC network difficulty that can lead to changes in expected revenues were considered in the various scenarios listed above.

Property, Plant and Equipment (Details) - Schedule of property, plant and equipment - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Cost
Measurement period adjustment to business combination	$ (1,145)
Additions	207,723	$ 118,194
Dispositions	$ (2,941)	$ (5,351)

Property, Plant and Equipment (Details) - Schedule of quantity of BVVE held by the company
$ in Thousands

12 Months Ended

Dec. 31, 2022

USD ($)

Property, Plant and Equipment (Details) - Schedule of quantity of BVVE held by the company [Line Items]

Quantity as of January 1, 2022

Dispositions

Quantity as of December 31, 2022

^[1]

Presented as ROU asset****

^[1],[2]

[1]	Included Antminer T15 and Antminer S15 Miners classified as assets held for sale and written off as described in Note 10.
[2]	Includes 3,000 Whatsminer M31S+ with a net book value of approximately $3,330 as described in Note 18.

Intangible Assets (Details) - Schedule of Intangible assets - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Cost
Cost, Measurement period adjustment to business combination
Accumulated amortization
Accumulated amortization at beginning balance	5,269
Accumulated amortization at ending balance	7,117
Net book value		$ 1,681

Long-Term Deposits, Equipment Prepayments, Other and Commitments (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2022 USD ($)
Long-Term Deposits, Equipment Prepayments, Other and Commitments (Details) [Line Items]
Deposit	$ 22,376
Lease agreement, description	the Company recognized an impairment loss of $30,199 on the equipment and construction prepayments.
Commitments, description	the Company renegotiated its 48,000 unit purchase agreements by extinguishing the outstanding commitments of $45,350 without penalty and establishing a $22,376 credit for deposits previously made which will be carried forward until the end of 2023 and applied against future purchase agreements. As of December 31, 2022, the Company no longer had commitments.

Trade Payables and Accrued Liabilities (Details) - Schedule of trade payables and accrued liabilities - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Schedule of Trade Payables and Accrued Liabilities [Abstract]
Trade accounts payable and accrued liabilities	$ 12,897	$ 9,873

Credit Facility (Details) - USD ($) $ in Thousands	1 Months Ended			3 Months Ended	12 Months Ended
Credit Facility (Details) - USD ($) $ in Thousands	Sep. 29, 2022	Jun. 30, 2022	Dec. 30, 2021	Mar. 31, 2022	Dec. 31, 2022	Dec. 31, 2021
Credit Facility [Abstract]
Credit facility amount			$ 100,000
Facility bears interest			10.75%
Unused fees			0.75%
Unused portion credit facility			$ 100,000
Credit facility, description						The Facility was secured by BTC, with the value of BTC pledged as collateral calculated as a percentage of the amount borrowed.
Drawn credit facility						$ 60,000
Fair market value						$ 86,825
Company drew				$ 40,000
First amendment, description		the Company amended its Credit Facility and extended its maturity date to October 1, 2022. Under the new terms, the maximum limit of the amended Facility is $40,000, bears interest at 11.25% per annum and has a commitment fee of 0.25% per annum charged on the unused portion of the Facility. The amended Facility also includes a provision which allows the Company to repay up to $15,000 of the Facility prior to July 30, 2022, without incurring any prepayment penalty.
Second amendment, description	the Company amended its Credit Facility and extended its maturity date from October 1, 2022 to December 29, 2022. Under the new terms, the maximum limit of the amended Facility is $40,000, bears interest at 11.25% per annum and has a commitment fee of 0.25% per annum charged on the unused portion of the Facility. The amended Facility also includes a provision which allows the Company to prepay the Credit Facility with a prepayment fee of 50% of the remaining interest that would be owed if the Facility was held to maturity.
Credit facility					$ 100,000

Credit Facility (Details) - Schedule of credit facility - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Schedule of Credit Facility [Abstract]
Revolving credit facility		$ 60,000
Interest payable on revolving credit facility		2
Total credit facility		$ 60,002

Long-Term Debt (Details) $ in Thousands, $ in Thousands		1 Months Ended					2 Months Ended		12 Months Ended
Long-Term Debt (Details) $ in Thousands, $ in Thousands	Mar. 15, 2019 USD ($)	Jun. 30, 2022 USD ($) Miners	Feb. 28, 2022 USD ($) Miners	Jun. 30, 2021 Miners	Jan. 31, 2021 USD ($) shares	Sep. 30, 2020	May 31, 2021 Miners	Feb. 28, 2021 shares	Dec. 31, 2022 USD ($)	Dec. 31, 2021 USD ($)	Feb. 08, 2023 USD ($)	Dec. 31, 2022 CAD ($)	Dec. 31, 2022 ARS ($)	Dec. 31, 2021 CAD ($)	Dec. 31, 2021 ARS ($)
Long-Term Debt (Details) [Line Items]
Gross proceeds		$ 36,860	$ 32,000
Gross proceeds units (in Miners) \| Miners		10,395	6,100,000
Net proceeds		$ 36,123	$ 30,994
Long term debt									$ 47,147	$ 11,167	$ 12,578	$ (126)		$ (126)
Collateral market fair value									2,070
Loan agreements units (in Miners) \| Miners							2,465
Lease agreements units (in Miners) \| Miners				4,000
Reclassified from lease liabilities debt									$ 3,904
Number of tranches	4
Tranches loan	$ 5,000
Term of loan tranche	24 months
Loan's maturity date, description						the Company entered into an agreement with Dominion Capital to amend the maturity date of tranche #2 from April 2021 to November 2021.
Convertible debt					$ 5,000
Common shares issued (in Shares) \| shares					8,475,000
Warrants issuance common shares (in Shares) \| shares								5,251,000
Warrant exercises (in Shares) \| shares								1,667,000
Warrants issuance (in Shares) \| shares								1,501,000
Interest expense, loan										$ 472

Long-Term Debt (Details) - Schedule of movement in long-term debt - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Schedule of Movement in Long Term Debt [Abstract]
Issuance of long-term debt	$ 67,201	$ 14,227

Long-Term Debt (Details) - Schedule of equipment financing and balance of the loans and the net book value (NBV)
$ in Thousands

12 Months Ended

Dec. 31, 2022

USD ($)

Long-Term Debt (Details) - Schedule of equipment financing and balance of the loans and the net book value (NBV) [Line Items]

Maturity date

2024-02

Stated rate

12.00%

Effective rate

14.40%

^[1]

Monthly repayment

$ 3,780

Long-term debt balance

47,020

NBV of Collateral

66,741

Collateral

$ 17,495

^[2]

[1]	Represents the implied interest rate after capitalizing financing and origination fees.
[2]	Represents the quantity of Whatsminers and Bitmain S19j Pros received in connection with the equipment financing and pledged as collateral for the related loan.

Leases (Details) $ in Thousands	12 Months Ended
Leases (Details) $ in Thousands	Dec. 31, 2022 USD ($)	Dec. 31, 2021 USD ($) shares
Leases [Abstract]
Number of mining hardware	3,000
Property, plant and equipment net value	$ 3,330
Lease activity, description		the Company modified the terms of three two-year lease agreements for mining hardware, with a balance of $3,904 at the time of conversion, in June 2021, resulting in the lease liabilities being reclassified to long-term debt as described in Note 17b. No changes were made to the payment terms, interest rate or security interest of the former leases. As of December 31, 2021, the Company maintained one lease agreement for mining hardware, consisting of 3,000 Whatsminer M31S+, with a net book value of approximately $5,422, classified as property, plant and equipment under BVVE and electrical equipment.
Warrants issued (in Shares) \| shares		468,000
Total cost		$ 2,160

Leases (Details) - Schedule of right-of-use assets and lease liabilities - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Leases (Details) - Schedule of right-of-use assets and lease liabilities [Line Items]
Lease liabilities converted to long-term debt
Foreign exchange

Income Taxes (Details) - Schedule of effective tax rate	12 Months Ended
Income Taxes (Details) - Schedule of effective tax rate	Dec. 31, 2022	Dec. 31, 2021
Schedule of Effective Tax Rate [Abstract]
Income tax recovery at statutory rate, percentage	26.50%	26.50%

Income Taxes (Details) - Schedule of effective tax rate (Parentheticals)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Schedule of Effective Tax Rate [Abstract]
Statutory rate	26.50%	26.50%

Income Taxes (Details) - Schedule of deferred tax asset - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Income Taxes (Details) - Schedule of deferred tax asset [Line Items]
Deferred tax asset recognized in the statements of profit or loss
Deferred tax asset derecognized in the statements of equity

Income Taxes (Details) - Schedule of deferred tax liability - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Income Taxes (Details) - Schedule of deferred tax liability [Line Items]
Balance beginning	$ 13,297	$ 3,837
Charged to statements of profit or loss	14,151	9,460
Balance ending	$ 27,448	$ 13,297

Asset Retirement Provision (Details) - Schedule of asset retirement provision - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Schedule of Asset Retirement Provision [Abstract]
Balance as of January 1,	$ 239	$ 209
Balance as of December 31,	1,979	319
Non-current portion of asset retirement provision	$ 1,979	$ 239

Share Capital (Details) $ / shares in Units, $ in Thousands	1 Months Ended					3 Months Ended	5 Months Ended	12 Months Ended
Share Capital (Details) $ / shares in Units, $ in Thousands	Aug. 31, 2021 shares	Aug. 16, 2021 USD ($)	Mar. 31, 2021 shares	Feb. 28, 2021 shares	Jan. 31, 2021 USD ($) shares	Mar. 31, 2021 $ / shares shares	May 31, 2021 CAD ($) shares	Dec. 31, 2022 USD ($) shares	Dec. 31, 2021 USD ($) shares
Share Capital (Details) [Line Items]
Issuance of warrants granted						25,000
Strike price per share (in Dollars per share) \| $ / shares						$ 3.47
Contractual life, term						2 years
Receiving aggregate proceeds (in Dollars) \| $		$ 500,000
Other transaction fees (in Dollars) \| $									$ 186
Other transaction costs (in Dollars) \| $								$ 83
Employees exercised stock options								70,000	6,074,000
Conversion of debt (in Dollars) \| $					$ 5,000
Common shares					8,475,000
Warrants outstanding				5,251,000	5,251,000
Warrant exercises, description				The warrant exercises described above include the cashless exercise of 1,667,000 warrants resulting in the issuance of 1,501,000 common shares.
Number of private placements							4
Common shares issued	5,405,000		5,028,000	9,504,000				20,737,000
Warrants share issued				8,889,000					468,000
Broken warrant issued				615,000
Broken warrants related to private placement				711,000				20,737,000
Warrants related to private placements	5,405,000		5,028,000
Additional common shares									415,000
Other common shares issued									2,000
Private Placements [Member]
Share Capital (Details) [Line Items]
Total gross proceeds (in Dollars) \| $							$ 155,000
Common shares issued			800,000				40,187,000
Warrants to purchase common shares							36,649,000
Broken warrant issued			800,000			800,000
Broken warrants related to private placement			925,000

Share Capital (Details) - Schedule of outstanding warrants - shares	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Share Capital (Details) - Schedule of outstanding warrants [Line Items]
Number of warrants, Outstanding beginning balance	19,428,000	6,053,000
Number of warrants, Granted	25,000	40,332,000
Number of warrants, Exercised		(26,957,000)
Number of warrants, Expired	(300,000)
Number of warrants, Outstanding ending balance	19,153,000	19,428,000

Financial Instruments (Details)	12 Months Ended
Financial Instruments (Details)	Dec. 31, 2022
Disclosure of Financial Instruments [Abstract]
Currency increase decrease percentage	5.00%

Financial Instruments (Details) - Schedule of carrying values and the fair value of assets and liabilities $ in Thousands, $ in Thousands	Feb. 08, 2023 USD ($)	Dec. 31, 2022 USD ($)	Dec. 31, 2022 CAD ($)	Dec. 31, 2021 USD ($)	Dec. 31, 2021 CAD ($)
Financial liabilities at amortized cost
Long-term debt	$ 12,578	$ 47,147	$ (126)	$ 11,167	$ (126)
Credit Facility				60,002
Net carrying amount and fair value		$ (35,992)		$ 41,681

Financial Instruments (Details) - Schedule of foreign currency risk $ in Thousands, $ in Thousands, $ in Thousands	Feb. 08, 2023 USD ($)	Dec. 31, 2022 USD ($)	Dec. 31, 2022 CAD ($)	Dec. 31, 2022 ARS ($)	Dec. 31, 2021 USD ($)	Dec. 31, 2021 CAD ($)	Dec. 31, 2021 ARS ($)
Financial Instruments (Details) - Schedule of foreign currency risk [Line Items]
Long-term debt	$ 12,578	$ 47,147	$ (126)		$ 11,167	$ (126)
Foreign currency risk			$ (751)	$ (3,552)		$ 98	$ 257

Financial Instruments (Details) - Schedule of contractual maturities of financial liabilities and lease liabilities (non-financial liabilities) $ in Thousands	Dec. 31, 2022 USD ($)
Financial Instruments (Details) - Schedule of contractual maturities of financial liabilities and lease liabilities (non-financial liabilities) [Line Items]
Long-term debt

Transactions and Balances with Related Parties (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Disclosure of Transactions and Balances with Related Parties [Abstract]
Rent payments	$ 273	$ 475
Consulting fees	$ 1,267	625
Accrued and included trade payables		1,466
Accrued liabilities

Transactions and Balances with Related Parties (Details) - Schedule of balances with related parties - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Trade payables and accrued liabilities
Directors’ remuneration	$ 1,522	$ 19
Director and senior management incentive plan	$ 95	$ 1,465

Transactions and Balances with Related Parties (Details) - Schedule of consolidated statements of profit or loss and comprehensive profit and loss - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Schedule of consolidated statements of profit or loss and comprehensive profit and loss [Abstract]
General and administrative expenses	$ 2,733	$ 625
Net financial expenses	$ 70	$ 126

Transactions and Balances with Related Parties (Details) - Schedule of compensation of key management and directors - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Schedule of compensation of key management and directors [Abstract]
Termination payments	$ 1,466
Total	$ 20,591	$ 26,178

Subsidiaries (Details) - Schedule of significant subsidiaries	12 Months Ended
	Dec. 31, 2022
Bitfarms Ltd. (Israel) [Member]
Subsidiaries (Details) - Schedule of significant subsidiaries [Line Items]
Security type	Ordinary shares
Securities	100.00%
Equity	100.00%
Volta [Member]
Subsidiaries (Details) - Schedule of significant subsidiaries [Line Items]
Security type	Ordinary shares
Securities	100.00%
Equity	100.00%
Backbone [Member]
Subsidiaries (Details) - Schedule of significant subsidiaries [Line Items]
Security type	Ordinary shares
Securities	100.00%
Equity	100.00%
Backbone Argentina [Member]
Subsidiaries (Details) - Schedule of significant subsidiaries [Line Items]
Security type	Ordinary shares
Securities	100.00%
Equity	100.00%
Backbone Paraguay [Member]
Subsidiaries (Details) - Schedule of significant subsidiaries [Line Items]
Security type	Ordinary shares
Securities	100.00%
Equity	100.00%
Backbone Mining [Member]
Subsidiaries (Details) - Schedule of significant subsidiaries [Line Items]
Security type	Ordinary shares
Securities	100.00%
Equity	100.00%

Net Earnings (Loss) Per Share (Details)	12 Months Ended
Net Earnings (Loss) Per Share (Details)	Dec. 31, 2022 shares
Disclosure of Net Earnings (Loss) Per Share [Abstract]
Additional potentially dilutive securities	1,748,000

Net Earnings (Loss) Per Share (Details) - Shedule of shares and income (loss) used in the computation of net earnings (loss) per share - shares	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Shedule Of Shares And Income Loss Used In The Computation Of Net Earnings Loss Per Share Abstract
Weighted average number of common shares outstanding - basic	207,776,000	157,652,000
The effect of dilutive potential common shares		11,740,000
Weighted average number of common shares outstanding - diluted	207,776,000	169,392,000

Share-Based Payment (Details) - shares	1 Months Ended	12 Months Ended
Share-Based Payment (Details) - shares	May 19, 2022	Dec. 31, 2022	Dec. 31, 2021
Share-Based Payment (Details) [Line Items]
Exercised period		5 years
Weighted average contractual life of the stock option		4 years	4 years 3 months 18 days
Restricted stock units description	the Board of Directors approved the grant of 200,000 RSUs (during the year December 31, 2021: 200,000 RSUs) to certain members of senior management which vest 25% upfront and an additional 25% every 6 months (during the year ended December 31, 2021: vest ratably, on an annual basis, over a three-year period). The value of the RSUs on the grant date was $1.91 per unit (during the year December 31, 2021: $4.05 per unit).
Board of Directors [Member]
Share-Based Payment (Details) [Line Items]
Stock option grants to purchase (in Shares)		9,592,000

Share-Based Payment (Details) - Schedule of inputs used to value the option grants using the black-scholes model - $ / shares	1 Months Ended
	Dec. 27, 2022	Nov. 16, 2022	Jun. 30, 2022	May 19, 2022	Mar. 31, 2022
Schedule Of Inputs Used To Value The Option Grants Using The Black Scholes Model Abstract
Expected life of stock options (years)	3 years	3 years	3 years	3 years	3 years
Exercise price (CAD)	$ 0.55	$ 1	$ 1.5	$ 2.45	$ 4.71
Fair value of options (USD)	$ 0.25	$ 0.46	$ 0.72	$ 1.21	$ 2.4
Vesting period (years)	1 year 6 months	1 year 6 months	1 year 6 months	1 year 6 months	1 year 6 months
Number of options granted	3,870,000	200,000	20,000	5,382,000	120,000

Share-Based Payment (Details) - Schedule of outstanding stock options - $ / shares	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Schedule Of Outstanding Stock Options Abstract
Number of Options Outstanding Beginning Balance	12,547,000	8,100,000
Weighted Average Exercise Price Outstanding Beginning Balance (CAD)	$ 4.86	$ 0.72
Number of Options Granted	9,592,000	10,775,000
Number of Options Exercised	(70,000)	(6,074,000)
Weighted Average Exercise Price Exercised (CAD)	$ 0.41	$ 1.27
Number of Options Forfeited	(205,000)	(251,000)
Number of Options Expired	(60,000)	(3,000)
Weighted Average Exercise Price Expired (CAD)	$ 4.37	$ 0.99
Number of Options Outstanding, Ending Balance	21,804,000	12,547,000
Weighted Average Exercise Price Outstanding Ending Balance (CAD)	$ 3.47	$ 4.86
Number of Options Exercisable, Ending Balance	2,306,375	5,676,000

Additional Details to the Statement of Profit or Loss and Comprehensive Profit or Loss (Details) - Schedule of cost of revenues - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Schedule of cost of sales expenses [Abstract]
Purchases of electrical components	$ 1,759	$ 1,973

Additional Details to the Statement of Profit or Loss and Comprehensive Profit or Loss (Details) - Schedule of general and administrative expenses - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Schedule of general and administrative expenses [Abstract]
Salaries and share based payment	$ 30,040	$ 30,334
Professional services	10,051	6,985
Hosting and telecommunications	560	402
General and administration expense	$ 51,506	$ 43,238

Additional Details to the Statement of Profit or Loss and Comprehensive Profit or Loss (Details) - Schedule of net financial (income) expenses - USD ($)
$ in Thousands

12 Months Ended

Dec. 31, 2022

Dec. 31, 2021

Schedule of net financial expenses [Abstract]

Loss on revaluation of warrants

$ 19,524

Gain on disposition of marketable securities

^[1]

(51,649)

(6,149)

Warrant issuance costs

668

Discount expense on VAT receivable

^[2]

6,750

Net finance expenses

$ (27,560)

$ 21,003

[1]

During the year ended December 31, 2022, the Company has continued to fund its expansion in Argentina through the acquisition of marketable securities and in-kind contribution of these securities to the Company’s subsidiary in Argentina. The subsequent disposition of these marketable securities in exchange for Argentine Pesos gave rise to a gain as the amount received in ARS exceeds the amount of ARS the Company would have received from a direct foreign currency exchange.

[2]

A portion of Argentine VAT is not expected to be settled within the next 12 months, and, therefore, it has been classified as a long-term receivable in Note 14 with the short-term portion being included in sales tax receivable in Note 8. The Company has discounted this VAT receivable to its present value, which is classified within Net financial (income) expenses during the year ended December 31, 2022. Historically, ARS has devalued significantly when compared to USD due to high levels of inflation in Argentina, which may result in the Company recording future foreign exchange losses on its Argentina VAT receivable.

Geographical Information (Details)	12 Months Ended
Geographical Information (Details)	Dec. 31, 2022
Disclosure of Geographical Areas Text Block [Abstract]
Material reportable segment	1

Geographical Information (Details) - Schedule of revenues - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Geographical Information (Details) - Schedule of revenues [Line Items]
Revenues	$ 142,428	$ 169,491
Canada [Member]
Geographical Information (Details) - Schedule of revenues [Line Items]
Revenues	112,106	153,265
USA [Member]
Geographical Information (Details) - Schedule of revenues [Line Items]
Revenues	25,095	16,226
Argentina [Member]
Geographical Information (Details) - Schedule of revenues [Line Items]
Revenues	1,455
Paraguay [Member]
Geographical Information (Details) - Schedule of revenues [Line Items]
Revenues	$ 3,772

Geographical Information (Details) - Schedule of property, plant and equipment - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Geographical Information (Details) - Schedule of property, plant and equipment [Line Items]
Property, Plant And Equipment	$ 219,428	$ 136,850
Canada [Member]
Geographical Information (Details) - Schedule of property, plant and equipment [Line Items]
Property, Plant And Equipment	142,654	83,402
USA [Member]
Geographical Information (Details) - Schedule of property, plant and equipment [Line Items]
Property, Plant And Equipment	32,664	51,672
Argentina [Member]
Geographical Information (Details) - Schedule of property, plant and equipment [Line Items]
Property, Plant And Equipment	31,927	665
Paraguay [Member]
Geographical Information (Details) - Schedule of property, plant and equipment [Line Items]
Property, Plant And Equipment	$ 12,183	$ 1,111

Additional Details to the Statement of Cash Flows (Details) - Schedule of additional details to the statement of cash flows - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Changes in working capital components:
Decrease (increase) in long-term deposits	$ 188	$ (613)
Increase (decrease) in taxes payable	(126)	11,777
Significant non-cash transactions:
Purchase of property, plant and equipment financed by short-term credit	$ 1,601	$ 2,802

Subsequent Events (Details) - USD ($) $ in Thousands	1 Months Ended		3 Months Ended
Subsequent Events (Details) - USD ($) $ in Thousands	Feb. 28, 2023	Jan. 31, 2023	Mar. 20, 2023
Subsequent Events (Details) [Line Items]
Company received net proceeds			$ 14,122
Loan agreement amount	$ 20,328
Loan payment	7,750
Extinguishment of long-term debt	261
Lease liability agreement amount	379
Lease liability payment	$ 118
Principal amount		$ 829
Miners for proceeds			1,740
Loss on disposition			$ 556

Label

Element

Value

Prior Year Percentage

bitf_PriorYearPercentage

(1.20%)

Prior Year Percentage

bitf_PriorYearPercentage

Purchase Of Marketable Securities

bitf_PurchaseOfMarketableSecurities

$ 150,730,000

Purchase Of Marketable Securities

bitf_PurchaseOfMarketableSecurities

6,692,000

Deferred Tax Expense Related To Equity Issuance Costs