| SCHEDULE OF COMPONENTS OF PROPERTY, EQUIPMENT AND INTANGIBLE ASSETS |
The
components of property and equipment as of March 31, 2022 and December 31, 2021 are:
SCHEDULE
OF COMPONENTS OF PROPERTY, EQUIPMENT AND INTANGIBLE ASSETS
| |
|
Useful life (Years) |
|
|
March 31, 2022 |
|
|
December 31, 2021 |
|
| Website |
|
|
7 |
|
|
|
121,787 |
|
|
|
121,787 |
|
| Mining equipment |
|
|
5 |
|
|
|
182,247,691 |
|
|
|
163,868,283 |
|
| Construction in Progress |
|
|
N/A
|
|
|
|
186,125,986 |
|
|
|
133,565,908 |
|
| Mining patent |
|
|
17 |
|
|
|
- |
|
|
|
1,210,000 |
|
| Gross property, equipment and intangible assets |
|
|
|
|
|
|
368,495,464 |
|
|
|
298,765,978 |
|
| Less: Accumulated depreciation and amortization |
|
|
|
|
|
|
(35,178,006 |
) |
|
|
(21,591,958 |
) |
| Property, equipment and intangible assets, net |
|
|
|
|
|
$ |
333,317,458 |
|
|
$ |
277,174,020 |
|
|