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Fair Value Measurements (Tables)

12 Months Ended

Dec. 31, 2014

Fair Value Disclosures [Abstract]

Liabilities measured at fair value on a recurring basis

		Fair value measured at December 31, 2014
		Total carrying value at December 31, 2014				Quoted prices in active markets (Level 1)				Significant other observable inputs (Level 2)				Significant unobservable inputs (Level 3)
Digital Currencies		$	16,040			$	16,040			$	-			$	-
		Fair value measured at December 31, 2013
			Total carrying value at December 31, 2013			Quoted prices in active markets 5 (Level 1)				Significant other observable inputs (Level 2)				Significant unobservable inputs(Level 3)
Digital Currencies		$	22,959			$	22,959			$	-			$	-

Changes in Level 3 liabilities

Balance - January 1, 2014		$	-
Fair value of warrant liability on date of issuance (February 6, 2014)			227,239
Change in fair value of warrant liability immediately before reclassification			(204,957	)
Reclassification of derivative liability warrant			(22,282	)
Balance - December 31, 2014		$	-

Fair value valuation methodology

Date of valuation		February 6, 2014				March 31, 2014				June 30, 2014
Fair value of common stock		$	0.44			$	0.32				0.17
Dividend yield (per share)			0.00	%			0.00	%			0.00	%
Strike price		$	1.00			$	1.00				1.00
Volatility (annual)			74	%			74	%			71	%
Risk-free rate			0.66	%			0.93	%			0.88	%
Expected life (years)			3.0				2.9				2.7

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- Definition

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+ References

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- Definition

Tabular disclosure of assets and liabilities, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3).

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 820

-SubTopic 10

-Section 50

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=36462937&loc=d3e19190-110258

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- Definition

The entire disclosure for any allowance and reserve accounts (their beginning and ending balances, as well as a reconciliation by type of activity during the period). Alternatively, disclosure of the required information may be within the footnotes to the financial statements or a supplemental schedule to the financial statements.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 235

-SubTopic 10

-Section S99

-Paragraph 4

-URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e24092-122690



Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 09

-Article 12

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