Subsequent Events (Details Narrative) |
Jul. 29, 2020
Integer
|
Jul. 23, 2020
USD ($)
$ / shares
shares
|
May 12, 2020
Integer
|
May 11, 2020
Integer
|
Jun. 11, 2020
Integer
|
May 18, 2020
Integer
|
|---|---|---|---|---|---|---|
| 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 | |||
| Miners from MicroBT [Member] | ||||||
| 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 | |||||
| Subsequent Event [Member] | Bitmain S19 Pro Miners [Member] | ||||||
| Miners description | Additionally, Bitmain has notified the Company that 660 of the 1,660 Bitmain S-19 Pro Miners previously purchase will be delivered in mid-August. 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. | |||||
| Subsequent Event [Member] | Miners from MicroBT [Member] | ||||||
| Number of miners | Integer | 700 | |||||
| Subsequent Event [Member] | Underwriting Agreement [Member] | Underwriter [Member] | ||||||
| Sale of stock | shares | 7,666,666 | |||||
| Option to issue common stock | shares | 999,999 | |||||
| Shares issued price | $ / shares | $ 0.90 | |||||
| Proceeds from offering | $ | $ 6,900,000 | |||||
| Underwriting discount | $ | 600,000 | |||||
| Underwriting expenses | $ | $ 6,300,000 | |||||
| Warrant to purchase common stock | shares | 536,667 | |||||
| Warrant term | 5 years | |||||
| Warrant excerise price | $ / shares | $ 1.125 |