Quarterly report pursuant to Section 13 or 15(d)

ORGANIZATION AND DESCRIPTION OF BUSINESS (Details Narrative)

v3.21.2
ORGANIZATION AND DESCRIPTION OF BUSINESS (Details Narrative)
1 Months Ended 2 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2021
USD ($)
Integer
May 21, 2021
USD ($)
Integer
$ / kW
$ / Machine
Mar. 12, 2021
shares
Feb. 11, 2021
shares
Jan. 12, 2021
$ / shares
shares
Jan. 04, 2021
USD ($)
Dec. 23, 2020
Integer
Dec. 23, 2020
USD ($)
Integer
Dec. 08, 2020
USD ($)
Integer
Oct. 23, 2020
USD ($)
Integer
Oct. 06, 2020
USD ($)
$ / shares
shares
Aug. 13, 2020
USD ($)
Integer
$ / shares
Jan. 02, 2018
shares
Jan. 25, 2021
USD ($)
Integer
Mar. 14, 2021
Jun. 30, 2021
USD ($)
Integer
Jun. 30, 2020
USD ($)
Dec. 31, 2020
USD ($)
shares
Property, Plant and Equipment [Line Items]                                    
Payments for purchase of miners                               $ 55,935,273 $ 4,195,200  
[custom:TotalAmountToPaid] $ 33,000,000                                  
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; June 30, 2021; April 30, 2021, May 31, 2021 and June 30, 2021.   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; June 30, 2021; April 30, 2021, May 31, 2021 and June 30, 2021.
Miners assets description             August 2021, 2,100 units to be delivered by September 2021, 6,500 units to be delivered by October 31, 2021, 14,700 units to be delivered by November 30, 2021, 24,500 units to be delivered by December 31, 2021 and 15,200 units to be delivered by January 31, 2022.                      
Proceeds from public offering           $ 2,300,000                        
Other current receivables                               $ 74,767,226
Acquisition of bitcoins | Integer                           4,812.66        
Aggregate purchase price of bitcoins                           $ 150,000,000        
2018 Equity Incentive Plan [Member]                                    
Property, Plant and Equipment [Line Items]                                    
Common stock shares issued during period | shares       4,701,442                 625,000          
Merrick Okamoto [Member]                                    
Property, Plant and Equipment [Line Items]                                    
Cash bonus                                   $ 2,000,000
Phase I [Member]                                    
Property, Plant and Equipment [Line Items]                                    
Total amount to be paid for miner                     $ 23,000,000              
Phase II [Member] | Minimum [Member]                                    
Property, Plant and Equipment [Line Items]                                    
Total amount to be paid for miner                     9,000,000              
Phase II [Member] | Maximum [Member]                                    
Property, Plant and Equipment [Line Items]                                    
Total amount to be paid for miner                     $ 32,000,000              
At The Market Offering [Member]                                    
Property, Plant and Equipment [Line Items]                                    
Common stock shares issued during period | shares                                   6,632,712
Proceeds from public offering                                   $ 77,100,000
Other current receivables                                   $ 74,800,000
Restricted Stock [Member]                                    
Property, Plant and Equipment [Line Items]                                    
Number of shares Restricted stock | shares                                   1,000,000
Restricted Stock [Member] | Merrick Okamoto [Member] | 2018 Equity Incentive Plan [Member]                                    
Property, Plant and Equipment [Line Items]                                    
Number of shares Restricted stock | shares     2,547,392                              
Restricted Stock [Member] | Minimum [Member]                                    
Property, Plant and Equipment [Line Items]                                    
Number of restricted stock, value                                   $ 500,000,000
Restricted Stock One [Member]                                    
Property, Plant and Equipment [Line Items]                                    
Number of shares Restricted stock | shares                                   1,000,000
Restricted Stock One [Member] | Minimum [Member]                                    
Property, Plant and Equipment [Line Items]                                    
Number of restricted stock, value                                   $ 750,000,000
Restricted Stock Two [Member]                                    
Property, Plant and Equipment [Line Items]                                    
Number of shares Restricted stock | shares                                   2,000,000
Restricted Stock Two [Member] | Minimum [Member]                                    
Property, Plant and Equipment [Line Items]                                    
Number of restricted stock, value                                   $ 1,000,000,000
Restricted Stock Three [Member]                                    
Property, Plant and Equipment [Line Items]                                    
Number of shares Restricted stock | shares                                   2,000,000
Restricted Stock Three [Member] | Minimum [Member]                                    
Property, Plant and Equipment [Line Items]                                    
Number of restricted stock, value                                   $ 2,000,000,000
Bitmaintech PTE., LTD [Member]                                    
Property, Plant and Equipment [Line Items]                                    
Payments for purchase of miners                               91,080,311    
Power Purchase Agreement [Member] | Marathon and Beowulf [Member]                                    
Property, Plant and Equipment [Line Items]                                    
Miners description                     Marathon and Beowulf entered into an exclusive Power Purchase Agreement for the initial supply of 30 MW (Phase I), and up to 100 MW in the aggregate (Phase II), of energy load to the Facility at a cost of $0.028/kWh. The initial term of the Power Purchase Agreement is five years, with up to five additional three-year extensions, as mutually agreed, assuming 75% energy utilization of the initial 30 MW of energy supplied to the Facility.              
Energy load facility cost | $ / shares                     $ 0.028              
Purchase price of mining                     $ 750,000              
Data Facility Service Agreement [Member] | Marathon and Beowulf [Member]                                    
Property, Plant and Equipment [Line Items]                                    
Common stock description                     Upon completion of Phase I, Marathon will issue to Beowulf an additional 150,000 shares of its common stock. During Phase II, Marathon will issue to Beowulf an additional 350,000 shares of its common stock – 150,000 shares upon reaching 60 MW of Facility load and 200,000 at completion of the full 100 MW of Facility load. The cost to maintain and run the Facility will be $0.006/kWh              
Data Facility Service Agreement [Member] | Marathon and Beowulf [Member] | Phase I [Member]                                    
Property, Plant and Equipment [Line Items]                                    
Common stock shares issued during period | shares                     150,000              
Data Facility Service Agreement [Member] | Marathon and Beowulf [Member] | Phase II [Member]                                    
Property, Plant and Equipment [Line Items]                                    
Common stock shares issued during period | shares                     350,000              
Data Facility Service Agreement [Member] | Marathon and Beowulf [Member] | 60 MW Facility [Member]                                    
Property, Plant and Equipment [Line Items]                                    
Common stock shares issued during period | shares                     150,000              
Data Facility Service Agreement [Member] | Marathon and Beowulf [Member] | 100 MW Facility [Member]                                    
Property, Plant and Equipment [Line Items]                                    
Common stock shares issued during period | shares                     200,000              
Data Facility Service Agreement [Member] | Beowulf and 2P1 [Member]                                    
Property, Plant and Equipment [Line Items]                                    
Energy load facility cost | $ / shares                     $ 1.87              
Common stock shares issued during period | shares                     3,000,000              
Aggregate purchase price of common stock                     $ 11,220,000              
Employment Agreement [Member]                                    
Property, Plant and Equipment [Line Items]                                    
Agreement term                                   3 years
Securities Purchase Agreement [Member]                                    
Property, Plant and Equipment [Line Items]                                    
Sale of stock, shares | shares         12,500,000                          
At the Market (ATM) [Member]                                    
Property, Plant and Equipment [Line Items]                                    
Shares issued price per share | $ / shares         $ 20.00                          
Purchase Agreement [Member]                                    
Property, Plant and Equipment [Line Items]                                    
Proceeds from public offering                               $ 250,000,000    
Antminer S-19 Pro ASIC [Member]                                    
Property, Plant and Equipment [Line Items]                                    
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            
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.            
Antminer S-19 Pro ASIC [Member] | Bitmaintech PTE., LTD [Member]                                    
Property, Plant and Equipment [Line Items]                                    
Number of miners | Integer 10,000                 10,000           10,000    
Percentage of discount for the purchase of miners                             8.63%      
Purchase price of mining                               $ 21,581,594    
Aggregate purchase price of common stock                   $ 23,620,000                
Execution of contract percentage                   30.00%                
Antminer S-19 Pro ASIC [Member] | Bitmaintech PTE., LTD [Member] | January 2021 [Member]                                    
Property, Plant and Equipment [Line Items]                                    
Number of miners | Integer                   2,500                
Antminer S-19 Pro ASIC [Member] | Bitmaintech PTE., LTD [Member] | February 2021 [Member]                                    
Property, Plant and Equipment [Line Items]                                    
Number of miners | Integer                   4,500                
Antminer S-19 Pro ASIC [Member] | Bitmaintech PTE., LTD [Member] | March 2021 [Member]                                    
Property, Plant and Equipment [Line Items]                                    
Number of miners | Integer                   3,000                
Antminer S-19 Pro ASIC [Member] | Long Term Purchase Contract [Member] | Bitmaintech PTE., LTD [Member]                                    
Property, Plant and Equipment [Line Items]                                    
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            
Percentage of discount for the purchase of miners                       6.62%       8.63%    
Payments for purchase of miners                       $ 24,801,000            
Discounted payment for purchase of miners                               $ 22,660,673    
Antminer S19J Pro ASIC Miners [Member] | Bitmaintech PTE., LTD [Member]                                    
Property, Plant and Equipment [Line Items]                                    
Number of miners | Integer             70,000 70,000 10,000                  
Percentage of discount for the purchase of miners                             8.63%      
Total amount to be paid for miner                               21,718,649    
Aggregate purchase price of common stock               $ 167,763,451 $ 23,770,000                  
Execution of contract percentage               20.00% 10.00%                  
Antminer S19J Pro ASIC Miners [Member] | Bitmaintech PTE., LTD [Member] | December Eight Two Thousand Twenty [Member]                                    
Property, Plant and Equipment [Line Items]                                    
Payments for purchase of miners                               17,374,924    
Purchase price of mining                               21,718,649    
Antminer S19J Pro ASIC Miners [Member] | Bitmaintech PTE., LTD [Member] | December 23, 2020 [Member]                                    
Property, Plant and Equipment [Line Items]                                    
Payments for purchase of miners                               91,080,311    
Purchase price of mining                               $ 167,763,452    
Antminer S19J Pro ASIC Miners [Member] | Bitmaintech PTE., LTD [Member] | August 2021 [Member]                                    
Property, Plant and Equipment [Line Items]                                    
Number of miners | Integer                 6,000                  
Antminer S19J Pro ASIC Miners [Member] | Bitmaintech PTE., LTD [Member] | January 14, 2021 [Member]                                    
Property, Plant and Equipment [Line Items]                                    
Execution of contract percentage                 30.00%                  
Antminer S19J Pro ASIC Miners [Member] | Bitmaintech PTE., LTD [Member] | February 15, 2021 [Member]                                    
Property, Plant and Equipment [Line Items]                                    
Execution of contract percentage                 10.00%                  
Antminer S19J Pro ASIC Miners [Member] | Bitmaintech PTE., LTD [Member] | June 15, 2021 [Member]                                    
Property, Plant and Equipment [Line Items]                                    
Execution of contract percentage                 30.00%                  
Antminer S19J Pro ASIC Miners [Member] | Bitmaintech PTE., LTD [Member] | July 15, 2021 [Member]                                    
Property, Plant and Equipment [Line Items]                                    
Execution of contract percentage                 20.00%                  
Antminer S19J Pro ASIC Miners [Member] | Bitmaintech PTE., LTD [Member] | July 2021 [Member]                                    
Property, Plant and Equipment [Line Items]                                    
Number of miners | Integer             7,000 7,000                    
Antminer S19J Pro ASIC Miners [Member] | Bitmaintech PTE., LTD [Member] | March 1, 2021 [Member]                                    
Property, Plant and Equipment [Line Items]                                    
Execution of contract percentage                 30.00%                  
Antminer S19J Pro ASIC Miners [Member] | Bitmaintech PTE., LTD [Member] | June 15, 2021 [Member]                                    
Property, Plant and Equipment [Line Items]                                    
Execution of contract percentage                 4.75%                  
Antminer S19J Pro ASIC Miners [Member] | Bitmaintech PTE., LTD [Member] | July 15, 2021 [Member]                                    
Property, Plant and Equipment [Line Items]                                    
Execution of contract percentage                 1.76%                  
Antminer S19J Pro ASIC Miners [Member] | Bitmaintech PTE., LTD [Member] | August 15, 2021 [Member]                                    
Property, Plant and Equipment [Line Items]                                    
Execution of contract percentage                 4.58%                  
Antminer S19J Pro ASIC Miners [Member] | Bitmaintech PTE., LTD [Member] | September 15, 2021 [Member]                                    
Property, Plant and Equipment [Line Items]                                    
Execution of contract percentage                 10.19%                  
Antminer S19J Pro ASIC Miners [Member] | Bitmaintech PTE., LTD [Member] | October 15, 2021 [Member]                                    
Property, Plant and Equipment [Line Items]                                    
Execution of contract percentage                 17.63%                  
Antminer S19J Pro ASIC Miners [Member] | Bitmaintech PTE., LTD [Member] | November 15, 2021 [Member]                                    
Property, Plant and Equipment [Line Items]                                    
Execution of contract percentage                 11.55%                  
Antminer S19J Pro ASIC Miners [Member] | Bitmaintech PTE., LTD [Member] | September 2021 [Member]                                    
Property, Plant and Equipment [Line Items]                                    
Number of miners | Integer                 4,000                  
Marathon Digital Holdings Inc [Member] | Compute North LLC [Member]                                    
Property, Plant and Equipment [Line Items]                                    
Number of miners | Integer   73,000                                
Hosting cost per machine per month | $ / Machine   0.50                                
[custom:HostingCostPerKiloWattHour-0] | $ / kW   0.044                                
Loan receivable   $ 67,000,000                                
Expedite fees   14,000,000                                
Payment of expedite fee   $ 8,000,000                                
MONTANA                                    
Property, Plant and Equipment [Line Items]                                    
Number of miners | Integer 17,300                             17,300