0001213900-24-107072 | 40-F/A | XBRL Viewer

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Asset Retirement Provision (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Asset Retirement Provision [Line Items]
Percentage of annual discount rates	17.00%	10.00%
Asset retirement provision	$ 598

Acquisitions of Assets (Details) - Schedule of Purchase Price and the Net Assets Acquired (Parentheticals)	Jul. 05, 2023 shares
Acquisitions of Assets (Details) - Schedule of Purchase Price and the Net Assets Acquired (Parentheticals) [Line Items]
Common shares transferred at closing	821,000

Share-Based Payments (Details) - Schedule of RSUs - $ / shares		12 Months Ended
	Dec. 22, 2023	Dec. 31, 2023	Dec. 31, 2022
Share-Based Payments (Details) - Schedule of RSUs [Line Items]
Outstanding Beginning, Number of RSUs		400,000	200,000
Outstanding Beginning, Weighted Average Grant Price		$ 3.73	$ 5.01
Granted, Number of RSUs	475,000	475,000	200,000
Granted, Weighted Average Grant Price		$ 3.83	$ 2.45
Settled, Number of RSUs		(250,002)
Settled, Weighted Average Grant Price		$ 3.13
Outstanding ending, Number of RSUs		624,998	400,000
Outstanding ending, Weighted Average Grant Price		$ 4.05	$ 3.73

Share Capital (Restated) (Details) - Schedule of Outstanding Warrants - $ / shares	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Schedule of Outstanding Warrants [Line Items]
Number of warrants Outstanding beginning	19,152,797	19,427,797
Weighted average exercise price Outstanding beginning	$ 4.21	$ 4.16
Number of warrants Granted	25,222,223	25,000
Number of warrants Exercised	(9,269,630)
Number of warrants Expired		(300,000)
Number of warrants Outstanding ending	35,105,390	19,152,797
Weighted average exercise price Outstanding ending	$ 2.83	$ 4.21

Subsidiaries (Details) - Schedule of Significant Subsidiaries	12 Months Ended
	Dec. 31, 2023
Backbone [Member]
Subsidiaries (Details) - Schedule of Significant Subsidiaries [Line Items]
Security type	Common 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	Common shares
Securities	100.00%
Equity	100.00%
Orion [Member]
Subsidiaries (Details) - Schedule of Significant Subsidiaries [Line Items]
Security type	Common shares
Securities	100.00%
Equity	100.00%
Volta [Member]
Subsidiaries (Details) - Schedule of Significant Subsidiaries [Line Items]
Security type	Common shares
Securities	100.00%
Equity	100.00%

Trade Receivables (Details)	12 Months Ended
Trade Receivables (Details)	Dec. 31, 2023
Trade Receivables [Line Items]
Trade receivables terms	90 days

Long-Term Debt (Details) - Schedule of Movement in Long-Term Debt - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Long-Term Debt (Details) - Schedule of Movement in Long-Term Debt [Line Items]
Issuance of long-term debt		$ 67,201
Payments	$ (33,233)	$ (38,532)

Derivative Assets and Liabilities (Details)	Nov. 28, 2023 shares
Derivative Assets and Liabilities [Line Items]
Warrants issued (in Shares)	22,222,223
Broker warrants issued (in Shares)	3,000,000

Additional Details to the Statement of Profit or Loss and Comprehensive Profit or Loss (Tables)

12 Months Ended

Dec. 31, 2023

Additional Details to the Statement of Profit or Loss and Comprehensive Profit or Loss [Abstract]

Schedule of Net Financial (Income) Expenses

Net financial income (expenses)

	Year ended December 31,
	Notes	2023 (restated - Note 3e)			2022
(Loss) gain on revaluation of warrants			(42,974	)		63,406
Gain on disposition of marketable securities	a		12,245			51,649
Gain on extinguishment of long-term debt and lease liabilities	b		12,835			—
Interest income			1,420			456
Loss on foreign exchange			(7,842	)		(2,945	)
Interest on credit facility and long-term debt			(2,688	)		(12,770	)
Warrant issuance costs			(2,000	)		—
Provision expense on VAT receivable	c		(5,903	)		(6,750	)
Interest on lease liabilities			(1,391	)		(1,451	)
Other financial income (expenses)			(896	)		(629	)
			(37,194	)		90,966

Long-Term Deposits, Equipment Prepayments, Commitments and Other (Details) $ in Thousands		2 Months Ended	3 Months Ended	12 Months Ended
	Feb. 08, 2023 Miners	Feb. 29, 2024 Miners	Sep. 30, 2023 USD ($)	Dec. 31, 2023 USD ($) Miners	Dec. 31, 2022
Long-Term Deposits, Equipment Prepayments, Commitments and Other [Line Items]
Deposit				$ 17,561
Book value				11,330
Impairments of book value				6,231
Deposits construction amount				$ 7,171
Commitments, description				In December 2022, the Company renegotiated its previous purchase agreements for 48,000 Miners by extinguishing the outstanding commitments of $45,350 without penalty and establishing a $22,376 credit for deposits previously made.
Outstanding credit balance				$ 19,097
Number of miners (in Miners) \| Miners	6,100	10,395		35,888
Miners total cost				$ 95,462
Non refundable deposit				$ 9,464
Additional bitmain T21 miners (in Miners) \| Miners				28,000
Bitmain T21 miners totaling				$ 74,480
Non refundable deposit				$ 7,448
Importation duty					25.00%
Custom duties			$ 9,424

Impairment (Details) - Schedule of Impairment Loss (Reversal) in the Comprehensive Profit or Loss - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Schedule of Impairment on Equipment and Construction Prepayments [Line Items]
Short-term prepaid deposits
Equipment and construction prepayments
Assets held for sale
Property, plant and equipment
Goodwill
Total	$ 12,252	$ 93,113

Recovery of Erroneously Awarded Compensation - Restatement Determination Date:: 2024-11-30	Nov. 30, 2024
Erroneously Awarded Compensation Recovery
Restatement Determination Date	Nov. 30, 2024
Aggregate Erroneous Compensation Not Yet Determined	Management’s Report on Internal Control Over Financial Reporting. Management of the Registrant, under the supervision of the Registrant’s Chief Executive Officer and Chief Financial Officer, is responsible for establishing and maintaining an adequate system of “internal control over financial reporting” as defined in Rules 13a-15(f) and 15d-15(f) under the Exchange Act. Internal control over financial reporting is designed to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with IFRS Accounting Standards. Management, including the Chief Executive Officer and the Chief Financial Officer, has evaluated the effectiveness of the Registrant’s internal control over financial reporting in accordance with Internal Control - Integrated Framework (2013) issued by the Committee of Sponsoring Organizations of the Treadway Commission (“COSO”). Based on this assessment, management, including the Chief Executive Officer and the Chief Financial Officer, concluded that the Registrant’s internal control over financial reporting was not effective as of December 31, 2023, as a result of a material weakness identified in the Registrant’s internal control over financial reporting, which is further described below. A material weakness is a deficiency, or a combination of deficiencies, in internal control over financial reporting such that there is a reasonable possibility that a material misstatement of the Registrant’s annual or interim financial statements will not be prevented or detected on a timely basis. In conjunction with the preparation of the Registrant’s financial statements for the year ended December 31, 2023, and specifically, in connection with the accounting for private placement warrants that were issued in the fourth quarter of 2023, management identified an error in its accounting for previously issued warrants that were issued in connection with certain private placement financings in 2021. The warrants issued in 2021 should have been classified as a financial liability and accounted for at fair value through profit and loss, and not as equity instruments. The restatement to correct the classification and subsequent accounting for those warrants impacted the consolidated financial statements of the company for the year ended December 31, 2022, which has been reflected in the restated comparative periods presented in the Restated Financial Statements. In addition, in November 2024, management has identified a material error in the statement of cash flows, resulting in a change to correct the classification of proceeds from the sales of digital assets from cash flows from operations to cash flows from investing activities, as described in the Explanatory Note above. The accounting for the 2023 exercises of warrants issued in connection with a private placement financing in 2023 is also corrected, resulting in an increase in the share capital and net financial expenses. These errors are corrected in the Restated Financial Statements. Management has determined that the control over accounting for complex transactions did not operate effectively in these instances, which constitutes a material weakness, and management is in the process of implementing remediation measures to address the material weakness. The Registrant’s remediation efforts to date comprise expanding the finance team to include more Chartered Professional Accountants with technical expertise and experience in evaluating more complex areas of IFRS, involving the Company's legal counsel on evaluating complex agreements that involve financial instruments and engaging with external third-party consultants to assist with assessing the accounting for complex financial instruments and review of financial statements. Management’s efforts are ongoing and its remediation plan is expected to be completed during 2024. If these remedial measures are insufficient to address the material weakness described above, or are not implemented timely, or additional deficiencies arise in the future, material misstatements in the Registrant’s interim or annual financial statements may occur in the future and could have the effects described in the “Risk Factors” section of the Restated MD&A
Restatement does not require Recovery	Recovery of Erroneously Awarded Compensation. The Registrant has adopted a compensation recovery policy (the “Executive Compensation Clawback Policy”) as required by the Nasdaq listing rules and Rule 10D-1 of the Exchange Act. A copy of the Executive Compensation Clawback Policy was filed as Exhibit 97.1 to the Original Filing. As described above, the Registrant was required to prepare an accounting restatement of its consolidated financial statements as at and for the years ended December 31, 2023 and 2022 which has been reflected in the Restated Financial Statements that are filed as Exhibit 99.2 to this Amendment No. 1. The Registrant concluded that it was not required under the Executive Compensation Clawback Policy to recover any previously awarded incentive-based compensation because the current and former executive officers who are subject to the Executive Compensation Clawback Policy have never received incentive-based compensation based on any financial reporting measure that was impacted by the referenced restatement.

Additional Details to the Statements of Cash Flows (Details) - Schedule of Additional Details to the Statements of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Changes in working capital components:
Decrease in deposits	$ 420	$ 188
Increase (decrease) in taxes payable	156	(126)
Significant non-cash transactions:
Issuance of common shares in connection with acquisitions of assets	1,354
Purchase of property, plant and equipment financed by short-term credit	$ 1,365	$ 1,601

Assets Held for Sale (Details) $ in Thousands	12 Months Ended
Assets Held for Sale (Details) $ in Thousands	Dec. 31, 2023 USD ($) Miners	Dec. 31, 2022 USD ($) Miners
Assets Held for Sale [Line Items]
Loss	$ 307	$ 678
Gain		$ 148
Number of micro BT whatsminer M20S miners sold (in Miners) \| Miners	1,781	1,559
Net of impairment charge	$ 1,882

Nature of Operations (Tables)

12 Months Ended

Dec. 31, 2023

Nature of Operations [Abstract]

Schedule of Financial Statements

In these financial statements, the terms below 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	Orion	Orion Constellation Technologies Inc.
7	BTC	Bitcoin
8	BVVE	Blockchain Verification and Validation Equipment (primarily Miners)
9	CAD	Canadian Dollars
10	USD	U.S. Dollars
11	ARS	Argentine Pesos

Assets Held for Sale (Details) - Schedule of Assets Held for Sale - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Schedule of Movement of Assets Held for Sale [Line Items]
Assets held for sale	$ 1,388

Income Taxes (Details) - Schedule of Deferred Tax Liability - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Income Taxes (Details) - Schedule of Deferred Tax Liability [Line Items]
Beginning Balance
Charged to statements of profit or loss	(5,209)
Ending Balance	22,239
Offsetting deferred tax assets	$ (22,239)

Impairment (Details) - Schedule of Impairment Loss (Reversal) in the Consolidated Statements of Profit or Loss - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Impairment (Details) - Schedule of Impairment Loss (Reversal) in the Consolidated Statements of Profit or Loss [Line Items]
Impairment loss reversal	$ 12,252	$ 93,113

Income Taxes (Details) - Schedule of Deferred Tax Asset - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Income Taxes (Details) - Schedule of Deferred Tax Asset [Line Items]
Deferred tax asset derecognized in the statements of equity

Accounting Policies, by Policy (Policies)

12 Months Ended

Dec. 31, 2023

Accounting Policies [Abstract]

Basis of presentation of the financial statements

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 Accounting Standards”). These consolidated financial statements were approved and authorized for issue by the Board of Directors on December 8, 2024.

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

New accounting amendments issued and adopted by the Company

The following amendments to existing standards were adopted by the Company as of January 1, 2023:

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 policy information instead of its significant accounting policies. Further amendments to IAS 1 explain how an entity can identify material accounting policy information.

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 adoption by the Company of the amendments listed above did not have a significant impact on the Company’s Financial Statements.

New accounting amendments issued to be adopted at a later date

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, 2024:

Amendments to IFRS 16, Leases (“IFRS 16”)

Amendments to IFRS 16 require a seller-lessee to subsequently measure lease liabilities arising from a leaseback in a manner that does not recognize any amount of the gain or loss that relates to the right-of-use retained. The new requirements do not prevent a seller-lessee from recognizing in profit or loss any gain or loss relating to the partial or full termination of a lease.

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 that an entity might settle by converting 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 information about these covenants be disclosed in the notes to the financial statements.

Amendments to IAS 7, Statement of Cash Flows (“IAS 7”) and IFRS 7, Financial Instruments: Disclosures (“IFRS 7”)

Amendments to IAS 7 and IFRS 7 introduce disclosure requirements to enhance the transparency of supplier finance arrangements and their effects on an entity’s liabilities, cash flows and exposure to liquidity risk.

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

2022 Restatement

Restatements

Restatement of statement of cash flows

The statement of cash flows has been restated to reclassify the cash proceeds from from the sale of digital assets, which is accounted for as an intangible asset under IAS 38, from cash flows from operations to cash flows from investing activities. The Company has determined that this error was material to the previously issued consolidated financial statements and as such, has restated its consolidated financial statements, as applicable.

ii.

Adjustment on accounting for 2023 Warrants

The Company is correcting an error in the fair value recorded for the 2023 exercises of warrants issued in connection with the private placement financing in 2023 (“2023 Warrants”). The correction resulted in an increase in the share capital and net financial expenses in the restated consolidated financial statements.

The effects of the restatements on the affected financial statement line items are as follows:

Adjustments to consolidated statements of cash flows for the year ended December 31, 2022 - Restatement

	Year ended December 31,
	2022 (as reported)			(i) Cash flow reclassification			2022 (as restated)
Cash flows from (used in) operating activities
Net loss		(175,644	)		—			(175,644	)
Adjustments for:								—
Proceeds from sale of digital assets earned		158,674			(158,674	)		—
Net change in cash related to operating activities		36,250			(158,674	)		(122,424	)

Cash flows from (used in) investing activities
Proceeds from sale of digital assets earned		—			158,674			158,674
Net change in cash related to investing activities		(155,011	)		158,674			3,663

Adjustments to consolidated statements of cash flows for the year ended December 31, 2023 - Restatement

	Year ended December 31,
	2023 (as reported)			(i) Cash flow reclassification			(ii) 2023 Warrants			2023 (as restated)
Cash flows from (used in) operating activities
Net loss		(104,036	)		—			(4,886	)		(108,922	)
Adjustments for:
Net financial expenses		32,308			—			4,886			37,194
Proceeds from sale of digital assets earned		129,309			(129,309	)		—			—
Net change in cash related to operating activities		23,598			(129,309	)		—			(105,711	)

Cash flows from (used in) investing activities
Proceeds from sale of digital assets earned		—			129,309			—			129,309
Net change in cash related to investing activities		(58,343	)		129,309			—			70,966

Adjustments to consolidated statements of financial position as of December 31, 2023 - Restatement

	As of December 31,			Adjustment			As of December 31,
	2023 (as reported)			(ii) 2023 Warrants			2023 (as restated)
Shareholders’ equity
Share capital		530,123			4,886			535,009
Contributed surplus		56,622			—			56,622
Revaluation surplus		2,941			—			2,941
Accumulated deficit		(294,924	)		(4,886	)		(299,810	)
Total equity		294,762			—			294,762

Adjustments to consolidated statements of profit or loss and comprehensive profit or loss for the year ended December 31, 2023 - Restatement

	Year ended December 31,
	2023 (as reported)			(ii) 2023 Warrants			2023 (as restated)

Operating loss		(72,129	)		—			(72,129	)

Net financial expenses		(32,308	)		(4,886	)		(37,194	)
Net loss before income taxes		(104,437	)		(4,886	)		(109,323	)

Income tax recovery		401			—			401
Net loss and total comprehensive loss		(104,036	)		(4,886	)		(108,922	)

Other comprehensive income (loss)
Item that will not be reclassified to profit or loss:
Change in revaluation surplus - digital assets, net of tax		9,242			—			9,242
Total comprehensive loss, net of tax		(94,794	)		(4,886	)		(99,680	)
Loss per share
Basic and diluted		(0.40	)		(0.02	)		(0.42	)
Weighted average number of common shares outstanding
Basic and diluted		262,237,117			—			262,237,117

Basis of Presentation and Material Accounting Policy Information (Details) - Schedule of Intangible Assets are Amortized	12 Months Ended
	Dec. 31, 2023
Basis of Presentation and Material Accounting Policy Information (Details) - Schedule of Intangible Assets are Amortized [Line Items]
Amortization Method	Straight-line
Amortization period	Lease term

Leases (Details) - Schedule of Right-of-Use Assets and Lease Liabilities - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Schedule of Right-of-Use Assets and Lease Liabilities [Line Items]
Gain on extinguishment of lease liabilities
Foreign exchange

Acquisitions of Assets

12 Months Ended

Dec. 31, 2023

Acquisitions of Assets [Abstract]

ACQUISITIONS OF ASSETS

NOTE 5:

ACQUISITIONS OF ASSETS

Acquisition of assets in Baie-Comeau

On July 5, 2023, the Company acquired 100% of the shares of a corporation, referred to as Orion, that owns the right to 22 MW of hydro power capacity in Baie-Comeau, Quebec. The consideration transferred at closing totaled $1,964 (CAD$2,603), of which $610 (CAD$814) was paid in cash and $1,354 (CAD$1,789) was paid through the issuance of 821,000 common shares of the Company.

The acquisition of Orion does not meet the definition of a business combination under IFRS 3, Business Combinations, as Orion’s primary assets consist mainly of a contractual right for up to 22 MW of hydro power capacity. Therefore, the transaction has been recorded as an acquisition of a group of assets.

The assets acquired and the liabilities assumed were recognized and measured by allocating the fair value of the consideration paid to their relative fair values at the closing date of the transaction. All financial assets acquired and financial liabilities assumed were recorded at fair value.

The purchase price and the net assets acquired are as follows:

			As of July 5,
	Notes		2023

Purchase price
Cash consideration				610
Value of 821,000 common shares transferred at closing				1,354
Transaction costs				218
				2,182

Net assets acquired
Security deposits				241
Leasehold improvements				7
Trade payables and accrued liabilities				(174	)
Customer deposit				(207	)
Intangible - access rights to electricity		14		2,315
				2,182

In addition, the Company separately entered into a lease agreement with a third party for a site to install the infrastructure to operate the acquired capacity. Refer to Note 18.

Acquisitions of assets in Paraguay

On July 14, 2023, the Company acquired 100% of the shares of two corporations that own the rights to 50 MW and 100 MW, respectively, of hydro power capacity in Villarrica (Paso Pe) and Yguazu, Paraguay, respectively. The cash considerations totaled $1,095 and $450, respectively.

The transactions have been recorded as acquisitions of a group of assets as the acquirees’ primary assets consist mainly of contractual rights to electricity supply. The purchase prices and the net assets acquired as of July 14, 2023 are as follows:

	Notes		Villarrica (Paso Pe)		Yguazu

Purchase price
Cash consideration paid at closing				95		250
Cash consideration payable				1,000		200
Transaction costs				17		4
				1,112		454

Net assets acquired
Cash, cash equivalent and other current assets				17		27
Property, plant and equipment				30		6
Intangible - access rights to electricity		14		1,065		421
				1,112		454

Additional Details to the Statement of Profit or Loss and Comprehensive Profit or Loss

12 Months Ended

Dec. 31, 2023

Additional Details to the Statement of Profit or Loss and Comprehensive Profit or Loss [Abstract]

ADDITIONAL DETAILS TO THE STATEMENT OF PROFIT OR LOSS AND COMPREHENSIVE PROFIT OR LOSS

NOTE 28: ADDITIONAL DETAILS TO THE STATEMENT OF PROFIT OR LOSS AND COMPREHENSIVE PROFIT OR LOSS (Restated)

Cost of revenues

	Year ended December 31,
	2023			2022
Energy and infrastructure		(78,942	)		(56,415	)
Depreciation and amortization		(84,785	)		(72,420	)
Purchases of electrical components		(2,580	)		(1,759	)
Electrician salaries and payroll taxes		(1,561	)		(1,316	)
		(167,868	)		(131,910	)

General and administrative expenses

	Year ended December 31,
	2023			2022
Salaries and share-based payments		(24,105	)		(30,040	)
Professional services		(7,608	)		(10,051	)
Insurance, duties and other		(5,668	)		(9,370	)
Travel, motor vehicle and meals		(1,018	)		(1,152	)
Hosting and telecommunications		(402	)		(560	)
Advertising and promotion		(491	)		(333	)
		(39,292	)		(51,506	)

Net financial income (expenses)

	Year ended December 31,
	Notes	2023 (restated - Note 3e)			2022
(Loss) gain on revaluation of warrants			(42,974	)		63,406
Gain on disposition of marketable securities	a		12,245			51,649
Gain on extinguishment of long-term debt and lease liabilities	b		12,835			—
Interest income			1,420			456
Loss on foreign exchange			(7,842	)		(2,945	)
Interest on credit facility and long-term debt			(2,688	)		(12,770	)
Warrant issuance costs			(2,000	)		—
Provision expense on VAT receivable	c		(5,903	)		(6,750	)
Interest on lease liabilities			(1,391	)		(1,451	)
Other financial income (expenses)			(896	)		(629	)
			(37,194	)		90,966

Gain on disposition of marketable securities

During the year ended December 31, 2023 and 2022, the Company funded its expansion in Argentina through the acquisition of marketable securities and the in-kind contribution of those securities to the Company’s subsidiary in Argentina. The subsequent disposition of those 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.

Gain on extinguishment of the BlockFi loan and Reliz lease liability

In February 2023, the Company negotiated a settlement of its loan agreement with BlockFi with a then outstanding debt balance of $20,330 for a payment of $7,750. As a result, a gain on extinguishment of long-term debt was recognized in the amount of $12,580 during the year ended December 31, 2023.

In February 2023, the Company modified its lease agreement with Reliz Ltd. in order to settle its outstanding lease liability of $373 for a payment of $118. As a result, a gain on extinguishment of lease liabilities was recognized in the amount of $255 during the year ended December 31, 2023.

Provision expense on VAT receivable

Due to the political and economic uncertainties in Argentina, the Company is uncertain when, or if at all, the Argentine VAT receivable will be settled. As a result, the Company has recorded a provision to reduce the Argentine VAT receivable to nil. The provision is classified within Net financial income (expenses) during the year ended December 31, 2023. Previously, the Argentine VAT not expected to be settled within the next 12 months was classified as a long-term receivable in Note 15 with the short-term portion included in sales tax receivable in Note 8.

Cover	12 Months Ended
Cover	Dec. 31, 2023 shares
Document Information [Line Items]
Document Type	40-F/A
Document Registration Statement	false
Document Annual Report	true
Document Financial Statement Error Correction [Flag]	true
Document Financial Statement Restatement Recovery Analysis [Flag]	true
Entity Interactive Data Current	Yes
Annual Information Form	true
Audited Annual Financial Statements	true
ICFR Auditor Attestation Flag	false
Amendment Flag	true
Amendment Description	Bitfarms Ltd. (the “Registrant”) is filing this Amendment No. 1 (this “Amendment No. 1”) to its Annual Report on Form 40-F for the fiscal year ended December 31, 2023 (the “Original Filing”), as originally filed with the Securities and Exchange Commission (the “SEC”) on March 7, 2024, to respond to a comment letter received from the SEC in connection with its review of the Original Filing and correct a material error in its audited consolidated financial statements as at and for the years ended December 31, 2023 and 2022. In connection therewith, the Company is filing restated audited consolidated financial statements of the Registrant as of and for the years ended December 31, 2023 and 2022 (the “Restated Financial Statements”), including the Report of Independent Registered Public Accounting Firm with respect thereto. In addition, the Registrant is including in this Amendment No. 1 its restated Management’s Discussion and Analysis for the year ended December 31, 2023 (the “Restated MD&A”).The Restated Financial Statements and Restated MD&A have been restated to: (a) correct a material error in the statement of cash flows by reclassifying proceeds from the sales of digital assets from cash flows from operations to cash flows from investing activities; and (b) correct errors identified in the Registrant’s accounting for the 2023 exercises of warrants issued in connection with a private placement financing in 2023, resulting in an increase in the share capital and net financial expenses. These matters are described in Note 3(e) to the Restated Financial Statements and in the Restated MD&A.As a result, by this Amendment No. 1, the Registrant is amending the Original Filing in order to restate Exhibits 99.2 and 99.3 thereto and to restate the sections of the Original Filing set forth below under “Additional Disclosure.” In addition, the Original Filing has been amended to include a currently dated consent of the Registrant’s Independent Registered Public Accounting Firm and currently dated certifications from our Chief Executive Officer and Chief Financial Officer, as required by Sections 302 and 906 of the Sarbanes-Oxley Act of 2002. The consents of the Registrant’s Independent Registered Public Accounting Firm and the certifications of its Chief Executive Officer and Chief Financial Officer are included in this Amendment No. 1 as Exhibits 99.4, 99.5, 99.6, 99.7 and 99.8, respectively.The Registrant’s management had previously identified and reported a material weakness related to controls over accounting for complex transactions in the Registrant’s internal control over financial reporting as at December 31, 2023 in its Original Filing. The errors described above also identify the same material weakness related to controls over accounting for complex transactions in the Registrant’s internal control over financial reporting as at December 31, 2023, which the Registrant’s management is still in the process of remediating in 2024. As a result of the material weakness, the Registrant’s management, under the supervision of the Registrant’s Chief Executive Officer and Chief Financial Officer have concluded that the Registrant’s internal control over financial reporting are not effective as at December 31, 2023. See “Internal Controls Over Financial Reporting” in the Restated MD&A and “Additional Disclosure,” below. As a result of the material weakness, management, under supervision of the Registrant’s Chief Executive Officer and Chief Financial Officer have also concluded that the Registrant’s disclosure controls and procedures are not effective as at December 31, 2023.Other than as expressly set forth above and under “Additional Disclosures” below, this Amendment No. 1 does not, and does not purport to, update or restate the information in the Original Filing, filed on March 7, 2024, or reflect any events that have occurred after the Original Filing was initially filed.Any consolidated financial statements and related financial information for the periods contained in the Restated Financial Statements and Restated MD&A contained in any reports filed furnished prior to the date hereof should no longer be relied upon.
Document Period End Date	Dec. 31, 2023
Document Fiscal Year Focus	2023
Document Fiscal Period Focus	FY
Entity Information [Line Items]
Entity Registrant Name	Bitfarms Ltd.
Entity Central Index Key	0001812477
Entity File Number	001-40370
Entity Incorporation, State or Country Code	Z4
Current Fiscal Year End Date	--12-31
Entity Current Reporting Status	Yes
Entity Emerging Growth Company	true
Entity Ex Transition Period	false
Entity Contact Personnel [Line Items]
Entity Address, Address Line One	110 Yonge Street
Entity Address, Address Line Two	Suite 1601
Entity Address, City or Town	Toronto
Entity Address, State or Province	ON
Entity Address, Postal Zip Code	M5C 1T4
Entity Phone Fax Numbers [Line Items]
City Area Code	(647)
Local Phone Number	259-1790
Entity Listings [Line Items]
Title of 12(b) Security	Common Shares
Trading Symbol	BITF
Security Exchange Name	NASDAQ
Entity Common Stock, Shares Outstanding	334,153,000
Business Contact [Member]
Entity Contact Personnel [Line Items]
Contact Personnel Name	Cogency Global Inc.
Entity Address, Address Line One	122 E. 42nd Street
Entity Address, Address Line Two	18th Floor
Entity Address, City or Town	New York
Entity Address, State or Province	NY
Entity Address, Postal Zip Code	10168
Entity Phone Fax Numbers [Line Items]
City Area Code	(800)
Local Phone Number	221-0102

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, 2023	Dec. 31, 2022
Schedule of Net Financial (Income) Expenses [Abstract]
Loss (gain) on revaluation of warrants	$ (42,974)	$ 63,406
Gain on disposition of marketable securities	12,245	51,649
Gain on extinguishment of long-term debt and lease liabilities	12,835
Warrant issuance costs	(2,000)
Provision expense on VAT receivable	$ (5,903)	$ (6,750)

Assets Held for Sale (Tables)

12 Months Ended

Dec. 31, 2023

Assets Held for Sale [Abstract]

Schedule of Movement of Miners Held For Sale

The following table summarizes the movement of Miners held for sale:

	Antminer S9 Miners (a)						Innosilicon T2T & T3, Canaan Avalon A10 and Antminer T15 & S15 Miners (b)						MicroBT WhatsMiner M20S Miners (c)						Bitmain S19j Pro Miners (d)				TOTAL
	Qty			Value			Qty			Value			Qty			Value			Qty		Value		Qty			Value
Balance as of January 1, 2021		6,060			1,211			—			—			—			—			—		—		6,060			1,211
Additions		—			—			2,051			325			4,071			1,778			—		—		6,122			2,103
Dispositions		(3,982	)		(779	)		(207	)		(22	)		(1,559	)		(748	)		—		—		(5,748	)		(1,549	)
Impairment		(2,078	)		(432	)		(572	)		(113	)		—			—			—		—		(2,650	)		(545	)
Balance as of December 31, 2022		—			—			1,272			190			2,512			1,030			—		—		3,784			1,220
Additions		—			—			1,848			198			—			—			300		205		2,148			403
Dispositions		—			—			—			—			(1,781	)		(714	)		—		—		(1,781	)		(714	)
Impairment		—			—			(3,120	)		(388	)		—			—			—		—		(3,120	)		(388	)
Balance as of December 31, 2023		—			—			—			—			731			316			300		205		1,031			521

Antminer S9 Miners

During 2021, the Company ceased using its Antminer S9 Miners. 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, those Miners were fully written off and an impairment loss of $432 was recognized.

Innosilicon T2T, Innosilicon T3, Canaan Avalon A10, Antminer T15 and Antminer S15 Miners

During 2022, the Company ceased using Innosilicon T2T Miners, Canaan Avalon A10 Miners, Antminer T15 Miners and Antminer S15 Miners with plans to dispose of them within the next 12 months. During the year ended December 31, 2022, 207 Antminer T15 Miners with a carrying amount of $22 were disposed for net proceeds of $31 resulting in a gain of $9. In addition, due to the decline of the BTC price during the year ended December 31, 2022, the remaining Canaan Avalon A10 Miners, Antminer T15 Miners and Antminer S15 Miners were written off and an impairment loss of $113 was recognized.

During the year ended December 31, 2023, the Company ceased using its Innosilicon T3 Miners with plans to dispose of them within the next 12 months. Due to the performance of these Miners, they were fully written off along with the remaining Innosilicon T2T Miners and an impairment loss of $388 was recognized.

MicroBT WhatsMiner M20S Miners

During 2022, the Company ceased using its MicroBT WhatsMiner M20S Miners and planned to dispose of them within the next 12 months. During the year ended December 31, 2022, the Company sold 1,559 MicroBT WhatsMiner M20S Miners with a carrying amount of $748 and disposed of them for net proceeds of $896 resulting in a gain of $148.

During the year ended December 31, 2023, the Company sold 1,781 MicroBT WhatsMiner M20S Miners with carrying amount of $714 and disposed of them for net proceeds of $407 resulting in a loss of $307. 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, 2023.

S19j Pro Bitmain Miners

During the year ended December 31, 2023, the Company ceased using 300 Bitmain S19j Pro Miners and planned to dispose of them within the next 12 months.

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, 2023	Dec. 31, 2022
Schedule of General and Administrative Expenses [Abstract]
Salaries and share-based payments	$ (24,105)	$ (30,040)
Professional services	(7,608)	(10,051)
Hosting and telecommunications	(402)	(560)
General and administrative expenses	$ (39,292)	$ (51,506)

Derivative Assets and Liabilities

12 Months Ended

Dec. 31, 2023

Derivative Assets and Liabilities [Abstract]

DERIVATIVE ASSETS AND LIABILITIES

NOTE 10:

DERIVATIVE ASSETS AND LIABILITIES

BTC option contracts

Starting in the first quarter of 2023, the Company purchased BTC option contracts to which gave it the right, but not the obligation, to sell digital assets at a fixed price. Options contracts are used to reduce the risk of BTC price volatility and reduce the variability of cash flows resulting from future sales of digital assets. The Company did not apply hedge accounting on these contracts. There were no derivative asset and liability activities relating to BTC option contracts in 2022.

Reconciliation of the fair value measurement of derivatives (Level 2):

	Year ended December 31,
	2023
	Derivative Assets		Derivative Liabilities
Balance as of January 1,		—		—
Remeasurement recognized in statement of profit or loss during the period		28		20
Purchases		1,253		366
Sales		—		(386	)
Balance as of December 31,		1,281		—

The following gain or loss on derivatives are recognized in Net financial expenses (income) in the consolidated statements of profit or loss and comprehensive profit or loss:

	Year ended December 31,
		2023
Unrealized change in fair value of outstanding contracts		409
Realized loss on settled contracts		(361	)
		48

Warrant liabilities

In November 2023, the Company completed a private placement which included 22,222,223 warrants and 3,000,000 broker warrants to purchase common shares, as described in Note 21. The warrants are convertible for a fixed number of common shares of the Company but have a contingent cashless exercise clause, which results in a classification as a financial liability and measurement at fair value through profit and loss recognized in Net financial income (expenses).

As of December 31, 2023, the Company had warrant liabilities in the amount of $40,426, which includes $34,276 relating to the November 2023 private placement and $6,150 relating to the 2021 private placements (December 31, 2022: nil and $169, respectively).

The Black-Scholes model and inputs below were used in determining the values of the warrants and broker warrants at initial recognition, prior to their derecognition as described in Note 21 and at period end.

November 28, 2023 warrants

	Initial recognition			Remeasurement on settlement of warrants						Remeasurement at period end
Measurement date	November 28, 2023			December 18, 2023			December 27, 2023			December 31, 2023
Dividend yield (%)		—			—			—			—
Expected share price volatility (%)		100	%		93	%		91	%		91	%
Risk-free interest rate (%)		4.89	%		4.43	%		4.20	%		4.23	%
Expected life of warrants (years)		3.00			2.93			2.91			2.90
Share price (CAD)		1.58			3.96			4.33			3.85
Exercise price (USD)		1.17			1.17			1.17			1.17
Fair value of warrants (USD)		0.74			2.22			2.69			2.15
Number of warrants granted (exercised)		22,222,000			(4,963,000	)		(2,000,000	)		15,259,000

November 28, 2023 broker warrants

January 7, 2021 broker warrants

	Remeasurement at period end			Remeasurement at period end			Remeasurement at period end
Measurement date	January 1, 2022			December 31, 2022			December 31, 2023
Dividend yield (%)		—			—			—
Expected share price volatility (%)		113	%		85	%		158	%
Risk-free interest rate (%)		0.97	%		4.41	%		4.23	%
Expected life of warrants (years)		2.01			1.01			0.01
Share price (CAD)		6.38			0.56			3.85
Exercise price (CAD)		2.81			2.81			2.81
Fair value of warrants (USD)		3.72			0.01			0.64
Number of warrants outstanding		96,000			96,000			96,000

January 14, 2021 warrants

	Remeasurement at period end			Remeasurement at period end			Remeasurement at period end
Measurement date	January 1, 2022			December 31, 2022			December 31, 2023
Dividend yield (%)		—			—			—
Expected share price volatility (%)		113	%		88	%		78	%
Risk-free interest rate (%)		0.97	%		4.41	%		4.23	%
Expected life of warrants (years)		2.53			1.53			0.53
Share price (CAD)		6.38			0.56			3.85
Exercise price (USD)		3.10			3.10			3.10
Fair value of warrants (USD)		3.63			0.02			0.56
Number of warrants outstanding		559,000			559,000			559,000

January 14, 2021 broker warrants

	Remeasurement at period end			Remeasurement at period end			Remeasurement at period end
Measurement date	January 1, 2022			December 31, 2022			December 31, 2023
Dividend yield (%)		—			—			—
Expected share price volatility (%)		113	%		88	%		78	%
Risk-free interest rate (%)		0.97	%		4.41	%		4.23	%
Expected life of warrants (years)		2.53			1.53			0.53
Share price (CAD)		6.38			0.56			3.85
Exercise price (USD)		3.53			3.53			3.53
Fair value of warrants (USD)		3.52			0.01			0.43
Number of warrants outstanding		447,000			447,000			447,000

February 10, 2021 warrants

	Remeasurement at period end			Remeasurement at period end			Remeasurement at period end
Measurement date	January 1, 2022			December 31, 2022			December 31, 2023
Dividend yield (%)		—			—			—
Expected share price volatility (%)		113	%		88	%		76	%
Risk-free interest rate (%)		0.97	%		4.41	%		4.23	%
Expected life of warrants (years)		2.60			1.60			0.60
Share price (CAD)		6.38			0.56			3.85
Exercise price (USD)		3.01			3.01			3.01
Fair value of warrants (USD)		3.68			0.02			0.62
Number of warrants outstanding		6,156,000			6,156,000			6,156,000

February 10, 2021 broker warrants

	Remeasurement at period end			Remeasurement at period end			Remeasurement at period end
Measurement date	January 1, 2022			December 31, 2022			December 31, 2023
Dividend yield (%)		—			—			—
Expected share price volatility (%)		113	%		88	%		76	%
Risk-free interest rate (%)		0.97	%		4.41	%		4.23	%
Expected life of warrants (years)		2.60			1.60			0.60
Share price (CAD)		6.38			0.56			3.85
Exercise price (USD)		3.39			3.39			3.39
Fair value of warrants (USD)		3.58			0.01			0.50
Number of warrants outstanding		125,000			125,000			125,000

May 20, 2021 warrants

	Remeasurement at period end			Remeasurement at period end			Remeasurement at period end
Measurement date	January 1, 2022			December 31, 2022			December 31, 2023
Dividend yield (%)		—			—			—
Expected share price volatility (%)		111	%		86	%		85	%
Risk-free interest rate (%)		0.97	%		4.41	%		4.23	%
Expected life of warrants (years)		2.38			1.38			0.38
Share price (CAD)		6.38			0.56			3.85
Exercise price (USD)		4.87			4.87			4.87
Fair value of warrants (USD)		3.12			—			0.15
Number of warrants outstanding		10,613,000			10,613,000			10,613,000

May 20, 2021 broker warrants

	Remeasurement at period end			Remeasurement at period end			Remeasurement at period end
Measurement date	January 1, 2022			December 31, 2022			December 31, 2023
Dividend yield (%)		—			—			—
Expected share price volatility (%)		111	%		86	%		85	%
Risk-free interest rate (%)		0.97	%		4.41	%		4.23	%
Expected life of warrants (years)		2.38			1.38			0.38
Share price (CAD)		6.38			0.56			3.85
Exercise price (USD)		5.49			5.49			5.49
Fair value of warrants (USD)		3.01			—			0.10
Number of warrants outstanding		1,132,000			1,132,000			1,132,000

Geographical Information (Details) - Schedule of Property, Plant and Equipment by Country - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Geographical Information (Details) - Schedule of Property, Plant and Equipment by Country [Line Items]
Property, Plant And Equipment	$ 186,012	$ 219,428
Canada [Member]
Geographical Information (Details) - Schedule of Property, Plant and Equipment by Country [Line Items]
Property, Plant And Equipment	101,454	142,654
USA [Member]
Geographical Information (Details) - Schedule of Property, Plant and Equipment by Country [Line Items]
Property, Plant And Equipment	18,154	32,664
Argentina [Member]
Geographical Information (Details) - Schedule of Property, Plant and Equipment by Country [Line Items]
Property, Plant And Equipment	54,657	31,927
Paraguay [Member]
Geographical Information (Details) - Schedule of Property, Plant and Equipment by Country [Line Items]
Property, Plant And Equipment	$ 11,747	$ 12,183

Additional Details to the Statement of Profit or Loss and Comprehensive Profit or Loss (Details) - USD ($) $ in Thousands	1 Months Ended	12 Months Ended
	Feb. 28, 2023	Dec. 31, 2023
Additional Details to the Statement of Profit or Loss and Comprehensive Profit or Loss [Abstract]
Outstanding debt balance	$ 20,330
Outstanding lease liability	373
Payments of lease liability	$ 118
Gain on extinguishment of lease liabilities		$ 255

Basis of Presentation and Material Accounting Policy Information (Details) - Schedule of Years Depreciation Method	12 Months Ended
	Dec. 31, 2023
Basis of Presentation and Material Accounting Policy Information (Details) - Schedule of Years Depreciation Method [Line Items]
Rate	1/15

Trade Receivables (Details) - Schedule of Credit Risk Exposure of the Company’s Trade Receivables - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Trade Receivables (Details) - Schedule of Credit Risk Exposure of the Company’s Trade Receivables [Line Items]
Trade receivables	$ 714	$ 701

Long-Term Deposits, Equipment Prepayments, Commitments and Other

12 Months Ended

Dec. 31, 2023

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

LONG-TERM DEPOSITS, EQUIPMENT PREPAYMENTS, COMMITMENTS AND OTHER

NOTE 15:

LONG-TERM DEPOSITS, EQUIPMENT PREPAYMENTS, COMMITMENTS AND OTHER

		As of December 31,		As of December 31,
		2023		2022
VAT receivable			—		2,083
Security deposits for energy, insurance and rent			4,901		3,872
Equipment and construction prepayments	a		39,813		32,230
			44,714		38,185

Equipment and construction prepayments

As of December 31, 2023, the Company has deposits for BVVE and electrical components in the amount of $32,642, which includes $17,561 of credits for orders placed at fixed prices, but not yet received, as described below, with a book value of $11,330 due to previously recorded impairments of $6,231. In addition, the Company has deposits for construction work and materials in the amount of $7,171, mainly for the Paraguay expansion.

In December 2022, the Company renegotiated its previous purchase agreements for 48,000 Miners by extinguishing the outstanding commitments of $45,350 without penalty and establishing a $22,376 credit for deposits previously made. The Company received $3,279 of Miners, reducing the outstanding credit balance to $19,097, which was fully utilized during the year ended December 31, 2023 for the acquisition of hydro Miners and hydro containers. These items were not received as of December 31, 2023 and are scheduled to be received in 2024.

During the year ended December 31, 2023, the Company placed a firm purchase order for 35,888 Bitmain T21 Miners totaling $95,462 with deliveries scheduled from March 2024 to May 2024 and made a non-refundable deposit of $9,464. In addition, the Company secured a purchase option for an additional 28,000 Bitmain T21 Miners totaling $74,480 and made a non-refundable deposit of $7,448. This purchase option gives the Company the right, exercisable until December 31, 2024, but not the obligation, to purchase, in whole or in part, 28,000 additional Bitmain T21 Miners.

Commitments

The Company’s remaining payment obligations in connection with the 35,888 Bitmain T21 Miners purchase order are outlined below:

	As of December 31,
	2023
Three months ending March 31, 2024		41,446
Three months ending June 30, 2024		44,551
		85,997

If the Company is unable to meet its payment obligations, it could result in the loss of equipment prepayments and deposits paid by the Company under the purchase order and remedial legal measures taken against the Company which may include damages and forced continuance of the contractual arrangement. Under such circumstances, the Company’s growth plans and ongoing operations could be adversely impacted.

Contingent liability

In 2021, the Company imported Miners into Washington State that the vendor located in China claimed originated in Malaysia. In early 2022, U.S. Customs and Border Protection challenged the origination of the Miners, asserting their manufacture in China, and notified the Company of a potential assessment of a U.S. importation duty of 25%.

During the third quarter of 2023, the Company submitted the supporting documentation to U.S. Customs and Border Protection in defense of its position that the Miners were manufactured outside China and the associated custom duties in the amount of $9,424 do not apply. While the final outcome of this matter is uncertain at this time, Management has determined it is not probable that it will result in a future cash outflow for the Company and, as such, no provision was recorded as of December 31, 2023.

Additional Details to the Statements of Cash Flows (Tables)

12 Months Ended

Dec. 31, 2023

Additional Details to the Statements of Cash Flows [Abstract]

Schedule of Additional Details to the Statements of Cash Flows

	Year ended December 31,
	2023			2022
Changes in working capital components:
(Increase) decrease in trade receivables, net		(13	)		429
Decrease (increase) in other current assets		987			(4,563	)
Decrease in deposits		420			188
Increase (decrease) in trade payables and accrued liabilities		(315	)		94
Increase (decrease) in taxes payable		156			(126	)
		1,235			(3,978	)
Significant non-cash transactions:
Issuance of common shares in connection with acquisitions of assets		1,354			—
Addition of ROU assets, property, plant and equipment and related lease liabilities		1,553			11,354
Purchase of property, plant and equipment financed by short-term credit		1,365			1,601
Equipment prepayments realized as additions to property, plant and equipment		7,372			54,135
Deferred tax expense related to equity issuance costs		—			(3,895	)

Other Assets (Tables)

12 Months Ended

Dec. 31, 2023

Other Assets [Abstract]

Schedule of Other Assets

	As of December 31,		As of December 31,
	2023		2022
Sales taxes receivable*		805		3,816
Electrical component inventory		705		588
Other receivables		689		108
		2,199		4,512

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

Other Assets (Details) - Schedule of Other Assets - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Other Assets (Details) - Schedule of Other Assets [Line Items]
Sales taxes receivable	$ 805	$ 3,816
Electrical component inventory	$ 705	$ 588

Long-Term Debt (Details) - Schedule of Company’s Equipment Financing Consisted only of the NYDIG Loan $ in Thousands	12 Months Ended
	Dec. 31, 2023 USD ($)
Long-Term Debt (Details) - Schedule of Company’s Equipment Financing Consisted only of the NYDIG Loan [Line Items]
Maturity date	2024-02
Stated rate	12.00%
Effective rate	14.40%
Monthly repayment	$ 2,043
Long-term debt balance	4,022
NBV of Collateral	21,840
Collateral	$ 10,395

Label

Element

Value

Proceeds From Sale Of Digital Assets Earned

bitf_ProceedsFromSaleOfDigitalAssetsEarned

$ 158,674,000

Proceeds From Sale Of Digital Assets Earned

bitf_ProceedsFromSaleOfDigitalAssetsEarned

158,674,000

Proceeds From Sale Of Digital Assets Earned

bitf_ProceedsFromSaleOfDigitalAssetsEarned

129,309,000

Proceeds From Sale Of Digital Assets Earned

bitf_ProceedsFromSaleOfDigitalAssetsEarned

129,309,000

Proceeds From Sale Of Digital Assets Earned

bitf_ProceedsFromSaleOfDigitalAssetsEarned

Proceeds From Sale Of Digital Assets Earned

bitf_ProceedsFromSaleOfDigitalAssetsEarned

Proceeds From Sale Of Digital Assets Earned

bitf_ProceedsFromSaleOfDigitalAssetsEarned

Weighted Average Remaining Contractual Life Of Outstanding Share Options

bitf_WeightedAverageRemainingContractualLifeOfOutstandingShareOptions

4 years 1 month 6 days

Weighted Average Remaining Contractual Life Of Outstanding Share Options

bitf_WeightedAverageRemainingContractualLifeOfOutstandingShareOptions

4 years

Consulting Fees

bitf_ConsultingFees

$ 1,466,000

Consulting Fees

bitf_ConsultingFees

Gross Units

bitf_GrossUnits

6,100

Gross Units

bitf_GrossUnits

10,395

Foreign Tax Rate Differential Percentage

bitf_ForeignTaxRateDifferentialPercentage

0.10%

Foreign Tax Rate Differential Percentage

bitf_ForeignTaxRateDifferentialPercentage

(0.60%)

Increase Decrease Through Settlement Of Restricted Share Units

bitf_IncreaseDecreaseThroughSettlementOfRestrictedShareUnits

$ 692,000

Increase Decrease Through Settlement Of Restricted Share Units

bitf_IncreaseDecreaseThroughSettlementOfRestrictedShareUnits

(692,000)

Increase Decrease Through Settlement Of Restricted Share Units

bitf_IncreaseDecreaseThroughSettlementOfRestrictedShareUnits

Increase Decrease Through Settlement Of Restricted Share Units

bitf_IncreaseDecreaseThroughSettlementOfRestrictedShareUnits

Increase Decrease Through Settlement Of Restricted Share Units

bitf_IncreaseDecreaseThroughSettlementOfRestrictedShareUnits

Prepayment Of Equipment And Construction Prepayments

bitf_PrepaymentOfEquipmentAndConstructionPrepayments

22,869,000

Prepayment Of Equipment And Construction Prepayments

bitf_PrepaymentOfEquipmentAndConstructionPrepayments

41,840,000

Quantity As Of January1

bitf_QuantityAsOfJanuary1

45,375,000

Quantity As Of January1

bitf_QuantityAsOfJanuary1

7,172,000

Quantity As Of January1

bitf_QuantityAsOfJanuary1

5,711,000

Quantity As Of January1

bitf_QuantityAsOfJanuary1

58,258,000

Quantity As Of January1

bitf_QuantityAsOfJanuary1

51,738,000

Quantity As Of January1

bitf_QuantityAsOfJanuary1

16,361,000

Quantity As Of January1

bitf_QuantityAsOfJanuary1

68,099,000

Quantity As Of January1

bitf_QuantityAsOfJanuary1

18,675,000

Quantity As Of January1

bitf_QuantityAsOfJanuary1

7,172,000

Quantity As Of January1

bitf_QuantityAsOfJanuary1

6,446,000

Quantity As Of January1

bitf_QuantityAsOfJanuary1

1,024,000

Quantity As Of January1

bitf_QuantityAsOfJanuary1

8,073,000

Quantity As Of January1

bitf_QuantityAsOfJanuary1

41,390,000

Quantity As Of January1

bitf_QuantityAsOfJanuary1

45,375,000

Quantity As Of January1

bitf_QuantityAsOfJanuary1

7,172,000

Quantity As Of January1

bitf_QuantityAsOfJanuary1

5,711,000

Quantity As Of January1

bitf_QuantityAsOfJanuary1

Quantity As Of January1

bitf_QuantityAsOfJanuary1

Quantity As Of January1

bitf_QuantityAsOfJanuary1

Quantity As Of January1

bitf_QuantityAsOfJanuary1

Quantity As Of January1

bitf_QuantityAsOfJanuary1

Quantity As Of January1

bitf_QuantityAsOfJanuary1

Quantity As Of January1

bitf_QuantityAsOfJanuary1

Rent Payments

bitf_RentPayments

273,000

Increase Decrease Through Transfer Of Revaluation Surplus On Disposal Of Digital Assets To Retained Earnings Net Of Tax

bitf_IncreaseDecreaseThroughTransferOfRevaluationSurplusOnDisposalOfDigitalAssetsToRetainedEarningsNetOfTax

6,301,000

Increase Decrease Through Transfer Of Revaluation Surplus On Disposal Of Digital Assets To Retained Earnings Net Of Tax

bitf_IncreaseDecreaseThroughTransferOfRevaluationSurplusOnDisposalOfDigitalAssetsToRetainedEarningsNetOfTax

(6,301,000)

Increase Decrease Through Transfer Of Revaluation Surplus On Disposal Of Digital Assets To Retained Earnings Net Of Tax

bitf_IncreaseDecreaseThroughTransferOfRevaluationSurplusOnDisposalOfDigitalAssetsToRetainedEarningsNetOfTax

Increase Decrease Through Transfer Of Revaluation Surplus On Disposal Of Digital Assets To Retained Earnings Net Of Tax

bitf_IncreaseDecreaseThroughTransferOfRevaluationSurplusOnDisposalOfDigitalAssetsToRetainedEarningsNetOfTax

Increase Decrease Through Transfer Of Revaluation Surplus On Disposal Of Digital Assets To Retained Earnings Net Of Tax

bitf_IncreaseDecreaseThroughTransferOfRevaluationSurplusOnDisposalOfDigitalAssetsToRetainedEarningsNetOfTax

Additional Vest Grant Percentage

bitf_AdditionalVestGrantPercentage

25.00%

Net Proceed

bitf_NetProceed

$ 30,994,000

Net Proceed

bitf_NetProceed

36,123,000

Increase Decrease Through Exercise Of Stock Options And Warrants