Quarterly report pursuant to Section 13 or 15(d)

Deposit, Property and Equipment and Intangible Assets (Details Narrative)

v3.20.2
Deposit, Property and Equipment and Intangible Assets (Details Narrative)
3 Months Ended 6 Months Ended
May 12, 2020
Integer
May 11, 2020
USD ($)
Integer
Dec. 27, 2019
USD ($)
Jul. 19, 2019
USD ($)
Jun. 30, 2020
USD ($)
Jun. 30, 2019
USD ($)
Jun. 30, 2020
USD ($)
Jun. 30, 2019
USD ($)
Jun. 11, 2020
Integer
May 18, 2020
Integer
Dec. 31, 2019
USD ($)
Common stock, issued during the period, value     $ 474,808 $ 7,500,000 $ 6,421,889   $ 6,807,006        
Payments for the purchase of mines             4,195,200      
Deposits         4,195,200   4,195,200      
Depreciation expense         499,489 $ 137,361 1,010,270 274,722      
Amortization expense         $ 17,794 $ 17,794 $ 35,588 $ 35,588      
Miners from MicroBT [Member]                      
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                  
Bitmain S19 Pro Miners [Member]                      
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