Deposit, Property and Equipment and Intangible Assets (Details Narrative) |
3 Months Ended | 6 Months Ended | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
|
May 12, 2020
Integer
|
May 11, 2020
USD ($)
Integer
|
Dec. 27, 2019
USD ($)
|
Jul. 19, 2019
USD ($)
|
Jun. 30, 2020
USD ($)
|
Jun. 30, 2019
USD ($)
|
Jun. 30, 2020
USD ($)
|
Jun. 30, 2019
USD ($)
|
Jun. 11, 2020
Integer
|
May 18, 2020
Integer
|
Dec. 31, 2019
USD ($)
|
|
| Common stock, issued during the period, value | $ 474,808 | $ 7,500,000 | $ 6,421,889 | $ 6,807,006 | |||||||
| Payments for the purchase of mines | 4,195,200 | ||||||||||
| Deposits | 4,195,200 | 4,195,200 | |||||||||
| Depreciation expense | 499,489 | $ 137,361 | 1,010,270 | 274,722 | |||||||
| Amortization expense | $ 17,794 | $ 17,794 | $ 35,588 | $ 35,588 | |||||||
| Miners from MicroBT [Member] | |||||||||||
| Common stock, issued during the period, value | $ 1,300,000 | ||||||||||
| Miners description | The 700 miners produce 80/Th and will generate 56 PH/s (petahash) of hashing power, compared to the Company's current S-9 production of 46 PH/s. These next generation MicroBT ASIC miners are markedly more energy efficient than our existing Bitmain models. | ||||||||||
| Number of miners | Integer | 700 | ||||||||||
| Bitmain S19 Pro Miners [Member] | |||||||||||
| Miners description | These miners produce 110 TH/s and will generate 73 PH/s (petahash) of hashing power, compared to the Company’s S-9 production of 46 PH/s. The Company made the payments of approximately $4.2 million in the second quarter of 2020 and expects 660 of the 1,660 units to take delivery at its Hosting Facility in mid-August, and its hosting partner, Compute North, expects to install them within 48 hours of their arrival. The 1,000 remaining S-19 Pro Miners due to arrive in the 4th quarter will produce an additional 110 PH/s, which when installed will give the Company an aggregate Hashpower of 294 PH/s. | ||||||||||
| Number of miners | Integer | 660 | 500 | 500 | ||||||||