Quarterly report pursuant to Section 13 or 15(d)

Organization and Description of Business (Details Narrative)

v3.20.2
Organization and Description of Business (Details Narrative)
3 Months Ended 6 Months Ended
Jul. 29, 2020
Integer
Jul. 23, 2020
USD ($)
$ / shares
shares
May 12, 2020
Integer
May 11, 2020
USD ($)
Integer
Mar. 30, 2020
$ / shares
shares
Dec. 27, 2019
USD ($)
$ / shares
Nov. 15, 2019
shares
Sep. 30, 2019
USD ($)
$ / shares
shares
Jul. 19, 2019
USD ($)
$ / shares
Jun. 30, 2020
USD ($)
$ / shares
Jun. 30, 2019
USD ($)
Jun. 30, 2020
USD ($)
$ / shares
Jun. 30, 2019
USD ($)
Jun. 11, 2020
Integer
May 18, 2020
Integer
Dec. 31, 2019
USD ($)
$ / shares
Organization And Description Of Business [Line Items]                                
Common stock, issued during the period, value           $ 474,808     $ 7,500,000 $ 6,421,889   $ 6,807,006        
Common stock issued during period, shares | shares             1,058,558                  
Common stock price | $ / shares           $ 0.90                    
Payments for the purchase of mines                       $ 4,195,200      
Minimum closing bid price, description                       As of April 6, 2020, the Company received notice from the Nasdaq Capital Market (the "Capital Market") that the Company has failed to maintain a minimum closing bid price of $1.00 per share of its Common Stock over the last consecutive 30 business days based upon the closing bid price for its common stock as required by Rule 5550(a)(2). However, the Rules also provide the Company a compliance period of 180 calendar days in which to regain compliance during which time it must maintain a minimum closing bid price of at least $1.00 per share for a minimum period of 10 consecutive business days, which must be completed by October 5, 2020. On April 20, 2020, the Company received a further notice from the Nasdaq Capital Market that the Company's time to maintain a minimum closing bid price of at least $1.00 per share for a minimum period of 10 consecutive business days has been extended from October 5, 2020 to December 17, 2020. As of August 6, 2020, the Company believes it has regained compliance with Rule 5550(a)(2) as the closing bid price has been in excess of $1.00 per share for the past ten trading days.        
Common stock par value | $ / shares                 $ 0.0001 $ 0.0001   $ 0.0001       $ 0.0001
Proceeds from common stock, net of offering cost                       $ 7,061,603      
Accumulated deficit                   $ (108,826,633)   (108,826,633)       $ (105,607,506)
Net loss                   $ (2,161,196) $ (565,880) (3,219,127) (1,610,742)      
Net cash used in operating activities                       (2,090,044) $ (1,469,108)      
Market Offering Agreement [Member]                                
Organization And Description Of Business [Line Items]                                
Common stock, issued during the period, value                       10,947,893        
Common stock par value | $ / shares                 $ 0.0001              
Offering price                 $ 7,500,000              
Proceeds from common stock, net of offering cost                       7,100,000        
Net offering costs                       $ 300,000        
Underwriting Agreement [Member] | Subsequent Event [Member] | Underwriter [Member]                                
Organization And Description Of Business [Line Items]                                
Offering price   $ 6,900,000                            
Sale of stock | shares   7,666,666                            
Option to issue common stock | shares   999,999                            
Shares issued price | $ / shares   $ 0.90                            
Underwriting discount   $ 600,000                            
Underwriting expenses   $ 6,300,000                            
Warrant to purchase common stock | shares   536,667                            
Warrant term   5 years                            
Warrant excerise price | $ / shares   $ 1.125                            
Miners from MicroBT [Member]                                
Organization And Description Of Business [Line Items]                                
Common stock, issued during the period, value       $ 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 are markedly more energy efficient than our existing Bitmain models.                        
Number of miners | Integer       700                        
Miners from MicroBT [Member] | Subsequent Event [Member]                                
Organization And Description Of Business [Line Items]                                
Number of miners | Integer 700                              
Bitmain S19 Pro Miners [Member]                                
Organization And Description Of Business [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 expects 660 of the 1,660 units to take delivery at its Hosting Facility in mid-August, and its hosting partner, Compute North, expects to install them within 48 hours of their arrival. The 1,000 remaining S-19 Pro Miners due to arrive in the 4th quarter will produce an additional 110 PH/s, which when installed will give the Company an aggregate Hashpower of 294 PH/s.                          
Number of miners | Integer     660                     500 500  
Bitmain S19 Pro Miners [Member] | Subsequent Event [Member]                                
Organization And Description Of Business [Line Items]                                
Miners description Additionally, Bitmain has notified the Company that 660 of the 1,660 Bitmain S-19 Pro Miners previously purchase will be delivered in mid-August. The 1,000 remaining S-19 Pro Miners due to arrive in the 4th quarter will produce an additional 110 PH/s, which when installed will give the Company an aggregate Hashpower of 294 PH/s.                              
Asset Purchase Agreement [Member]                                
Organization And Description Of Business [Line Items]                                
Common stock, issued during the period, value               $ 2,233,773                
Common stock issued during period, shares | shares               1,276,442                
Common stock percent               19.90%                
SelectGreen Blockchain Ltd [Member]                                
Organization And Description Of Business [Line Items]                                
Common stock, issued during the period, value               $ 4,086,250                
Common stock issued during period, shares | shares         350,250     2,335,000                
Common stock price | $ / shares         $ 0.49     $ 1.75                
Reduction in number of shares issued | shares         2,101,500