Annual report pursuant to Section 13 and 15(d)

DEPOSIT, PROPERTY AND EQUIPMENT AND INTANGIBLE ASSETS (Details Narrative)

v3.22.0.1
DEPOSIT, PROPERTY AND EQUIPMENT AND INTANGIBLE ASSETS (Details Narrative)
1 Months Ended 3 Months Ended 12 Months Ended
Feb. 21, 2021
USD ($)
Dec. 23, 2020
Integer
Dec. 08, 2020
Integer
Oct. 23, 2020
Integer
Aug. 13, 2020
USD ($)
Integer
$ / shares
May 12, 2020
Integer
May 11, 2020
USD ($)
Feb. 23, 2020
Nov. 15, 2019
shares
Sep. 30, 2019
USD ($)
$ / shares
shares
Sep. 30, 2019
USD ($)
$ / shares
shares
Dec. 31, 2020
USD ($)
Integer
$ / shares
Jun. 30, 2020
USD ($)
Dec. 31, 2021
USD ($)
Integer
$ / shares
shares
Dec. 31, 2020
USD ($)
Integer
$ / shares
shares
Dec. 31, 2019
USD ($)
Nov. 18, 2021
$ / shares
Jul. 30, 2021
Integer
Jan. 31, 2021
USD ($)
Integer
Nov. 30, 2020
Integer
Jul. 29, 2020
Integer
Jun. 11, 2020
Integer
May 18, 2020
Integer
Defined Benefit Plan Disclosure [Line Items]                                              
Stock Issued During Period, Value, New Issues                           $ 237,429,620 $ 297,659,270 $ 245,494              
Stock Issued During Period, Shares, New Issues | shares                           474,808                  
Shares issued price | $ / shares                           $ 0.90     $ 1,000            
Fair value of mining payable                           $ 66,547 (507,862)              
Miners description                           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. As of December 31, 2021, the Company has paid the entire purchase price under this agreement and has received 10,500 units from Bitmain.                  
[custom:PaymentForPurchases]                         $ 4,200,000                    
[custom:NumberOfMinersRemaining-0] | Integer                       440     440                
[custom:MinersOriginalPurchasePrice-0]                                     $ 1,100,000        
Discount percentage                       0.0863                      
Purchase price                       $ 22,660,673                      
Payments for purchase of miners                           $ 435,065,378 $ 65,647,592              
Bitmain S19 Pro Miners [Member]                                              
Defined Benefit Plan Disclosure [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 received 660 of the 1,660 units at its Hosting Facility in August 2020, and its hosting partner, Compute North, had installed them upon their arrival.                                  
Number of miners | Integer           660                               500 500
[custom:NumberOfMinersReceived-0] | Integer                                     60 500      
[custom:NumberOfMinersRemaining-0] | Integer                       1,000     1,000                
Antminer S-19 Pro ASIC Miners [Member]                                              
Defined Benefit Plan Disclosure [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                                    
Miners from MicroBT [Member]                                              
Defined Benefit Plan Disclosure [Line Items]                                              
Stock Issued During Period, Value, New Issues             $ 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 were markedly more energy efficient than the Bitmain S-9 models.                                
Number of miners | Integer                                         700    
Bitmain S19 Pro Miners [Member]                                              
Defined Benefit Plan Disclosure [Line Items]                                              
Number of miners | Integer           660                               500 500
Miners [Member]                                              
Defined Benefit Plan Disclosure [Line Items]                                              
Stock Issued During Period, Value, New Issues                             $ 513,700                
Stock Issued During Period, Shares, New Issues | shares                             583,750                
Share Price | $ / shares                       $ 0.88     $ 0.88                
Shares issued price | $ / shares                       $ 0.88     $ 0.88                
Fair value of mining payable                             $ 66,547 $ 507,862              
SelectGreen Blockchain Ltd [Member]                                              
Defined Benefit Plan Disclosure [Line Items]                                              
Stock Issued During Period, Value, New Issues                   $ 4,086,250                          
Bitmaintech PTE., LTD [Member]                                              
Defined Benefit Plan Disclosure [Line Items]                                              
Description about payment for miners to purchase an additional 78,000 next generation Antminer S-19 XP Miners, with 13,000 units being delivered in each of July 2022, August 2022, September 2022, October 2022, November 2022 and December 2022. The purchase price is $879,060,000. The purchase price for the miners shall be paid as follows: 35% of the total amount within two days of execution of the purchase contract, 35% of each single shipment price at least six months prior to each such shipment, and the remaining 30% of each single shipment price at least one month prior to each such shipment   On December 8, 2020, the Company executed a contract with Bitmain 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. On October 23, 2020, the Company executed a contract with Bitmain to purchase an additional 10,000 next generation Antminer S-19 Pro ASIC Miners. The 2021 delivery schedule was for 2,500 units to be delivered in January, 4,500 units to be delivered in February and the final 3,000 units to be delivered in March 2021.The gross purchase price was $23,620,000 with 30% due upon the execution of the contract and the balance paid over the next 4 months.       to purchase an additional 70,000 next generation Antminer S-19 ASIC Miners, with 7,000 units to be delivered by 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. 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.                              
Bitmaintech PTE., LTD [Member] | Antminer S-19 Pro ASIC Miners [Member]                                              
Defined Benefit Plan Disclosure [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   10,000                   10,000                  
Bitmaintech PTE., LTD [Member] | Antminer S19J Pro ASIC Miners [Member]                                              
Defined Benefit Plan Disclosure [Line Items]                                              
Number of miners | Integer     10,000                             30,000          
Bitmaintech PTE., LTD [Member] | Antminer S-19 ASIC [Member]                                              
Defined Benefit Plan Disclosure [Line Items]                                              
Number of miners | Integer   40,000                                          
Antminer S-19 XP Miners [Member]                                              
Defined Benefit Plan Disclosure [Line Items]                                              
Payments for purchase of miners                           $ 307,671,000                  
Deposit Assets                           $ 466,300,000                  
Asset Purchase Agreement [Member]                                              
Defined Benefit Plan Disclosure [Line Items]                                              
Stock Issued During Period, Value, New Issues                   $ 2,233,773                          
Stock Issued During Period, Shares, New Issues | shares                 1,058,558 1,276,442                          
Share-based Compensation Arrangement by Share-based Payment Award, Purchase Price of Common Stock, Percent                   19.90%                          
Mining servers payable                       $ 513,700     $ 513,700                
Asset Purchase Agreement [Member] | SelectGreen Blockchain Ltd [Member]                                              
Defined Benefit Plan Disclosure [Line Items]                                              
Stock Issued During Period, Value, New Issues                     $ 4,086,250                        
Stock Issued During Period, Shares, New Issues | shares                     2,335,000                        
Share Price | $ / shares                   $ 1.75 $ 1.75                        
Long Term Purchase Contract [Member] | Bitmaintech PTE., LTD [Member] | Antminer S-19 Pro ASIC Miners [Member]                                              
Defined Benefit Plan Disclosure [Line Items]                                              
Miners description         The parties confirm that the total hashrate of the Antminers under this agreement shall not be less than 1,155,000 TH/s. Subsequent to executing this agreement, due to the additional executed contracts, Bitmain applied a total net discount of 8.63% to the purchase price adjusting the amount due to $22,660,673                                    
Number of miners | Integer         10,500             10,500   10,000 10,500                
Purchase price per unit of miners | $ / shares         $ 2,362                                    
Discounted purchase price per unit of miners | $ / shares         $ 2,206                                    
Payments for purchase of miners         $ 24,801,000                                    
Antminer S-19 Pro ASIC Miners [Member] | Bitmaintech PTE., LTD [Member]                                              
Defined Benefit Plan Disclosure [Line Items]                                              
Balance payments                           $ 21,581,594                  
Antminer S19J Pro ASIC Miners [Member] | Bitmaintech PTE., LTD [Member]                                              
Defined Benefit Plan Disclosure [Line Items]                                              
Purchase price                           $ 21,718,649                  
Antminer S-19 XP Miners [Member] | Bitmaintech PTE., LTD [Member]                                              
Defined Benefit Plan Disclosure [Line Items]                                              
Purchase price $ 879,060,000