Deposit, Property and Equipment and Intangible Assets (Details Narrative) |
3 Months Ended | 12 Months Ended | ||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
May 12, 2021 |
Dec. 23, 2020
USD ($)
Integer
|
Dec. 23, 2020
Integer
|
Dec. 08, 2020 |
Oct. 23, 2020
Integer
|
Aug. 13, 2020
Integer
$ / shares
|
May 12, 2020
Integer
|
May 11, 2020
USD ($)
Integer
|
Mar. 31, 2021
USD ($)
|
Mar. 31, 2020
USD ($)
|
Dec. 31, 2020
USD ($)
|
Jul. 29, 2020
Integer
|
Jun. 11, 2020
Integer
|
May 18, 2020
Integer
|
|
Organization And Description Of Business [Line Items] | ||||||||||||||
Common stock, issued during the period, value | $ 237,429,619 | $ 385,117 | $ 297,659,270 | |||||||||||
Miners description | Subject to the timely payment of the purchase price, Bitmain is and has been scheduled deliver products according to the following schedule: 1,500 Units on or before January 31, 2021; and 1,800 units on or before each of February 28, 2021; March 31, 2021; April 30, 2021, May 31, 2021 and June 30, 2021 | Subject to the timely payment of the purchase price, Bitmain shall deliver products according to the following schedule: 1,500 Units on or before January 31, 2021; and 1,800 units on or before each of February 28, 2021; March 31, 2021; April 30, 2021, May 31, 2021 and June 30, 2021. | ||||||||||||
Payments for purchase of miners | $ 63,221,724 | $ 65,647,592 | ||||||||||||
Deposit | 128,869,316 | $ 65,647,592 | ||||||||||||
Depreciation | 720,142 | 510,781 | ||||||||||||
Amortization of patents and website | 17,794 | $ 17,794 | ||||||||||||
Bitmaintech PTE., LTD [Member] | ||||||||||||||
Organization And Description Of Business [Line Items] | ||||||||||||||
Description about payment for miners | to purchase an additional 70,000 next generation Antminer S-19 ASIC Miners, with 7,000 units to be delivered in July 2021, and the remaining 63,000 units to be delivered in December 2021. The purchase price is $167,763,451. The purchase price for the miners shall be paid as follows: 20% within 48 hours of signing of contract; 30% on or before March 1, 2021; 4.75% on June 15, 2021; 1.76% on July 15, 2021; 4.58% on August 15, 2021; 10.19% on September 15, 2021; 17.63% on October 15, 2021 and 11.55% on November 15, 2021. | to purchase an additional 10,000 next generation Antminer S-19j Pro ASIC Miners, with 6,000 units to be delivered in August 2021, and the remaining 4,000 units to be delivered in September 2021. The gross purchase price is $$23,770,000 with 10% of the purchase price due within 48 hours of execution of the contract, 30% due on January 14, 2021, 10% due on February 15, 2021, 30% due on June 15, 2021 and 20% due on July 15, 2021. | to purchase an additional 10,000 next generation Antminer S-19 Pro ASIC Miners. The 2021 delivery schedule will be 2,500 Units in January, 4,500 Units in February and the final 3,000 Units in March 2021.The gross purchase price is $23,620,000.00 with 30% due upon the execution of the contract and the balance paid over the next 4 months. | the following schedule: 1,500 Units on or before January 31, 2021; and 1,800 units on or before each of February 28, 2021; March 31, 2021; April 30, 2021, May 31, 2021 and June 30, 2021. | ||||||||||
Payments for purchase of miners | $ 22,660,679 | |||||||||||||
Balance including the payments | $ 22,660,673 | |||||||||||||
Bitmaintech PTE., LTD [Member] | Antminer S-19 Pro ASIC Miners [Member] | ||||||||||||||
Organization And Description Of Business [Line Items] | ||||||||||||||
Payments for purchase of miners | 13,634,645 | |||||||||||||
Balance including the payments | 21,581,594 | |||||||||||||
Bitmaintech PTE., LTD [Member] | Antminer S19J Pro ASIC Miners [Member] | ||||||||||||||
Organization And Description Of Business [Line Items] | ||||||||||||||
Payments for purchase of miners | 10,859,330 | |||||||||||||
Balance including the payments | 21,718,649 | |||||||||||||
Bitmaintech PTE., LTD [Member] | Antminer S19 Pro ASIC Miners [Member] | ||||||||||||||
Organization And Description Of Business [Line Items] | ||||||||||||||
Payments for purchase of miners | 33,552,690 | |||||||||||||
Balance including the payments | $ 167,763,451 | |||||||||||||
First 20% [Member] | ||||||||||||||
Organization And Description Of Business [Line Items] | ||||||||||||||
Description about payment for miners | Twenty percent (20%) of the total purchase price shall be paid as a non-refundable down payment within forty-eight (48) hours of execution of the agreement | |||||||||||||
Second 20% [Member | ||||||||||||||
Organization And Description Of Business [Line Items] | ||||||||||||||
Description about payment for miners | The Company shall pay the twenty percent (20%) of the total purchase price prior to September 20, 2020. | |||||||||||||
10% [Member] | ||||||||||||||
Organization And Description Of Business [Line Items] | ||||||||||||||
Description about payment for miners | The Company shall pay the ten percent (10%) of the total purchase price prior to October 10, 2020. | |||||||||||||
50% [Member] | ||||||||||||||
Organization And Description Of Business [Line Items] | ||||||||||||||
Description about payment for miners | The Company shall pay the remaining fifty percent (50%) of the total purchase price in equal monthly installments due not less than fifty-five (55) days prior to the scheduled delivery of the Product(s). | |||||||||||||
First Installment [Member] | ||||||||||||||
Organization And Description Of Business [Line Items] | ||||||||||||||
Description about payment for miners | eight-point thirty-three percent (8.33%) no later than 55 days prior to each scheduled delivery period as to the first installment of products to be shipped to the Company in January 2021. | |||||||||||||
Second Installment [Member] | ||||||||||||||
Organization And Description Of Business [Line Items] | ||||||||||||||
Description about payment for miners | eight-point thirty-three percent (8.33%) no later than 55 days prior to each scheduled delivery period as to the second installment of the products to be shipped to the Company in February 2021. | |||||||||||||
Third Installment [Member] | ||||||||||||||
Organization And Description Of Business [Line Items] | ||||||||||||||
Description about payment for miners | eight-point thirty-three percent (8.33%) no later than 55 days prior to each scheduled delivery period as to the third installment of the products to be shipped to the Company in March 2021. | |||||||||||||
Fourth Installment [Member] | ||||||||||||||
Organization And Description Of Business [Line Items] | ||||||||||||||
Description about payment for miners | eight-point thirty-three percent (8.33%) no later than 55 days prior to each scheduled delivery period as to the fourth installment of the products to be shipped to the Company in April 2021. | |||||||||||||
Fifth Installment [Member] | ||||||||||||||
Organization And Description Of Business [Line Items] | ||||||||||||||
Description about payment for miners | eight-point thirty-three percent (8.33%) no later than 55 days prior to each scheduled delivery period as to the fifth installment of the products to be shipped to the Company in May 2021. | |||||||||||||
Sixth Installment [Member] | ||||||||||||||
Organization And Description Of Business [Line Items] | ||||||||||||||
Description about payment for miners | eight-point thirty-three percent (8.33%) no later than 55 days prior to each scheduled delivery period as to the sixth installment of the products to be shipped to the Company in June 2021 | |||||||||||||
Bitmain S19 Pro Miners [Member] | ||||||||||||||
Organization And Description Of Business [Line Items] | ||||||||||||||
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 arrived in the 4th quarter and will produce an additional 110 PH/s increasing the Company to an aggregate Hashpower of 294 PH/s. | |||||||||||||
Number of miners | Integer | 660 | 500 | 500 | |||||||||||
Antminer S-19 Pro ASIC Miners [Member] | ||||||||||||||
Organization And Description Of Business [Line Items] | ||||||||||||||
Miners description | The purchase price per unit is $2,362 ($2,206 with a 6.62% discount) for a total purchase price of $24,801,000 (with a 6.62% discount for a discounted price of $23,159,174). The parties confirm that the total hashrate of the Antminers under this agreement shall not be less than 1,155,000 TH/s. | |||||||||||||
Number of miners | Integer | 10,500 | |||||||||||||
Purchase price per unit of miners | $ / shares | $ 2,362 | |||||||||||||
Discounted purchase price per unit of miners | $ / shares | $ 2,206 | |||||||||||||
Antminer S-19 Pro ASIC Miners [Member] | Bitmaintech PTE., LTD [Member] | ||||||||||||||
Organization And Description Of Business [Line Items] | ||||||||||||||
Miners description | The purchase price for the miners shall be paid as follows: 20% within 48 hours of signing of contract; 30% on or before March 1, 2021; 4.75% on June 15, 2021; 1.76% on July 15, 2021; 4.58% on August 15, 2021; 10.19% on September 15, 2021; 17.63% on October 15, 2021 and 11.55% on November 15, 2021. | |||||||||||||
Number of miners | Integer | 70,000 | 70,000 | 10,000 | |||||||||||
Payments for purchase of miners | $ 83,881,726 | $ 21,581,594 | ||||||||||||
Subsequent Event [Member] | Bitmain S19 Pro Miners [Member] | ||||||||||||||
Organization And Description Of Business [Line Items] | ||||||||||||||
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 arrived in the 4th quarter and will produce an additional 110 PH/s increasing the Company to an aggregate Hashpower of 294 PH/s. | |||||||||||||
Miners from MicroBT [Member] | ||||||||||||||
Organization And Description Of Business [Line Items] | ||||||||||||||
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 | 700 | ||||||||||||
Bitmain S19 Pro Miners [Member] | ||||||||||||||
Organization And Description Of Business [Line Items] | ||||||||||||||
Number of miners | Integer | 500 | 500 | 660 |