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 |