Quarterly report pursuant to Section 13 or 15(d)

Deposit, Property and Equipment and Intangible Assets (Details Narrative)

v3.21.1
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