Quarterly report pursuant to Section 13 or 15(d)

Acquisitions (Schedule of total Consideration Transferred) (Details)

Acquisitions (Schedule of total Consideration Transferred) (Details) - USD ($)
$ in Thousands
Sep. 30, 2021
May 26, 2021
Dec. 31, 2020
Business Acquisition [Line Items]      
Goodwill $ 267,237  
Whinstone US, Inc. [Member]      
Business Acquisition [Line Items]      
Cash and cash equivalents   $ 10,400  
Accounts receivable   1,072  
Prepaid expenses and other current assets   2,176  
Property and equipment   78,207  
Intangible assets   90,291  
Derivative asset   13,967  
Right of use asset   6,464  
Security deposits   1,775  
Future power credits [1]   82,953  
Accounts payable   (12,853)  
Accrued expenses   (504)  
Deferred revenues and customer deposits   (34,856)  
Operating lease liabilities   (8,184)  
Deferred tax liabilities   (37,761)  
Total identifiable assets and liabilities acquired   193,147  
Goodwill [2]   267,237  
Total purchase consideration   $ 460,384  
[1] Future power credits of $83.0 million are associated with the contingent purchase price payable.
[2] Goodwill represents the excess of total purchase consideration over the preliminary fair value of the underlying assets acquired and liabilities assumed. Goodwill is attributable to the assembled workforce of experienced personnel at Whinstone and synergies expected to be achieved from the combined operations of Riot and Whinstone. None of the goodwill recognized is expected to be deductible for tax purposes. We assigned the goodwill to our data center hosting segment. See Note 16, “Segment Information”.