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Investment in Tess (Tables)
6 Months Ended
Jun. 30, 2019
Investments, All Other Investments [Abstract]  
Schedule of Fair Value Shares

As of April 10, 2019, the fair value of the Tess shares owned by the Company is approximately $0.1 million, calculated based upon the April 10, 2019 funding price as follows:

 

   April 10, 2019
Tess shares held by Riot Blockchain, Inc.   2,708,333 
Per share fair value  $0.03 
Fair value of Tess shares held by Riot Blockchain, Inc.  $90,174
Schedule of Deconsolidation Result

The deconsolidation of Tess resulted in a gain of approximately $1.1 million calculated as follows:

 

Current assets  $130,432 
Less:     
Accounts payable   761,875 
Accrued expenses   273,935 
Convertible notes   1,696,083 
Net liabilities   (2,601,461)
Non-controlling interest share   1,552,848 
Sub-total   (1,048,613)
Less: fair value of shares owned by Riot Blockchain   90,174 
Gain on deconsolidation of Tess  $(1,138,787)