| SCHEDULE OF COMPONENTS OF PROPERTY, EQUIPMENT AND INTANGIBLE ASSETS |
The
components of property, equipment and intangible assets as of June 30, 2021 and December 31, 2020 are:
SCHEDULE OF COMPONENTS OF PROPERTY, EQUIPMENT AND INTANGIBLE ASSETS
| |
|
Useful life (Years) |
|
|
June 30, 2021 |
|
|
December 31, 2020 |
|
| Website |
|
|
7 |
|
|
|
121,787 |
|
|
$ |
121,787 |
|
| Mining equipment |
|
|
5 |
|
|
|
75,261,576 |
|
|
|
12,989,318 |
|
| Construction in Progress |
|
|
N/A |
|
|
|
14,888,157 |
|
|
|
10,593,575 |
|
| Mining patent |
|
|
17 |
|
|
|
1,210,000 |
|
|
|
1,210,000 |
|
| Gross property, equipment and intangible assets |
|
|
|
|
|
|
91,481,520 |
|
|
|
24,914,680 |
|
| Less: Accumulated depreciation and amortization |
|
|
|
|
|
|
(10,363,560 |
) |
|
|
(6,687,957 |
) |
| Property, equipment and intangible assets, net |
|
|
|
|
|
$ |
81,117,960 |
|
|
$ |
18,226,723 |
|
|