Quarterly report pursuant to Section 13 or 15(d)

PROPERTY AND EQUIPMENT (Tables)

v3.22.2
PROPERTY AND EQUIPMENT (Tables)
6 Months Ended
Jun. 30, 2022
Property, Plant and Equipment [Abstract]  
SCHEDULE OF COMPONENTS OF PROPERTY, EQUIPMENT

The components of property and equipment as of June 30, 2022 and December 31, 2021 are:

 

    Useful life (Years)   June 30, 2022     December 31, 2021  
Website   7     273,122       121,787  
Mining equipment   5     186,608,915       163,868,283  
Construction in Progress    N/A     182,765,654       133,565,908  
Mining patent   17     -       1,210,000  
Gross property, equipment and intangible assets         369,647,691       298,765,978  
Less: Accumulated depreciation and amortization         (55,390,407 )     (21,591,958 )
Property, equipment and intangible assets, net       $ 314,257,284     $ 277,174,020