XML 26 R15.htm IDEA: XBRL DOCUMENT
v3.23.2

PROPERTY AND EQUIPMENT | 6 Months Ended
--- | ---
Jun. 30, 2023
Property, Plant and Equipment [Abstract] |
PROPERTY AND EQUIPMENT | NOTE 7 – PROPERTY AND EQUIPMENT The components of property and equipment as of June 30, 2023 and December 31, 2022 are: SCHEDULE OF COMPONENTS OF PROPERTY AND EQUIPMENT
|  | Useful life (Years) |  |  | June 30, 2023 |  |  | December 31, 2022 |
Mining rigs |  |  | 3 |  |  | $ | 535,932 |  |  | $ | 116,634 |
Containers |  |  | 10 |  |  |  | 6,206 |  |  |  | 1,614 |
Other |  |  | 7 |  |  |  | 216 |  |  |  | 206 |
Construction in progress |  |  | — |  |  |  | 313,141 |  |  |  | 171,194 |
Total gross property, equipment |  |  |  |  |  |  | 855,495 |  |  |  | 289,648 |
Less: Accumulated depreciation |  |  |  |  |  |  | (71,630 | ) |  |  | (16,622 | )
Property and equipment, net |  |  |  |  |  | $ | 783,865 |  |  | $ | 273,026 |
The Company’s depreciation expense related to property and equipment for the three months ended June 30, 2023 and 2022 was $37,275 and $24,710, respectively. The Company’s depreciation expense related to property and equipment for the six months ended June 30, 2023 and 2022 was $55,008 and $38,587, respectively.

X
- References No definition available. + Details
Name: | us-gaap_PropertyPlantAndEquipmentAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for long-lived, physical asset used in normal conduct of business and not intended for resale. Includes, but is not limited to, work of art, historical treasure, and similar asset classified as collections. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 360 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//360/tableOfContent Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Name Accounting Standards Codification -Section 50 -Paragraph 6 -SubTopic 360 -Topic 958 -Publisher FASB -URI https://asc.fasb.org//1943274/2147480321/958-360-50-6 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (d) -SubTopic 360 -Topic 958 -Publisher FASB -URI https://asc.fasb.org//1943274/2147480321/958-360-50-1 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Name Accounting Standards Codification -Section 50 -Paragraph 7 -SubTopic 360 -Topic 958 -Publisher FASB -URI https://asc.fasb.org//1943274/2147480321/958-360-50-7 + Details
Name: | us-gaap_PropertyPlantAndEquipmentDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration