Annual report pursuant to Section 13 and 15(d)

Digital Asset Mining (Tables)

v3.19.1
Digital Asset Mining (Tables)
 12 Months Ended
Dec. 31, 2018
Notes to Financial Statements  
Components of Property, Equipment and Intangible Assets

The components of property, equipment and intangible assets as of December 31, 2018 and 2017 are:

 

    Useful life (Years)     December 31, 2018     December 31, 2017  
Website     7     $ 121,787     $ 121,787  
Mining equipment     2       3,029,031       -  
Mining patent     17       1,210,000       -  
Gross property, equipment and intangible assets             4,360,818       121,787  
Less: Accumulated depreciation and amortization             (2,181,488 )     (111,776 )
Property, equipment and intangible assets, net           $ 2,179,330     $ 10,011