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North Carolina Facility	9 Months Ended
Sep. 30, 2016
North Carolina Facility
North Carolina Facility	Note 12 - North Carolina Facility On July 20, 2016, DM suspended its North Carolina transaction verification services facility operations. The recent reduction in the block reward from 25 bitcoins to 12.5 bitcoins, often referred to as the halving, coupled with the facilities cooling system failing, has resulted in DM being unable to meet certain of its financial commitments. The Company has subsequently ceased operations at DM. On August 8, 2016, DM discovered that its facility in North Carolina was broken into and certain of its equipment and approximately 165 Bitmain transaction verification servers leased from CSC were stolen. The value of the stolen equipment owned by the Company does not appear to be material. The Company reported the theft to local authorities as well its insurance company regarding next steps. The Company is currently working through the insurance company claims process for the benefit of CSC the Company’s equipment finance provider which owns the stolen serves. CSC would be the payee with respect to any insurance proceeds received in connection with the stolen servers. On September 1, 2016, DM gave cancelation notice to the landlord with respect to the lease of its North Carolina facility.

North Carolina Facility

9 Months Ended

Sep. 30, 2016

Note 12 - North Carolina Facility

On July 20, 2016, DM suspended its North Carolina transaction verification services facility operations. The recent reduction in the block reward from 25 bitcoins to 12.5 bitcoins, often referred to as the halving, coupled with the facilities cooling system failing, has resulted in DM being unable to meet certain of its financial commitments. The Company has subsequently ceased operations at DM.

On August 8, 2016, DM discovered that its facility in North Carolina was broken into and certain of its equipment and approximately 165 Bitmain transaction verification servers leased from CSC were stolen. The value of the stolen equipment owned by the Company does not appear to be material. The Company reported the theft to local authorities as well its insurance company regarding next steps. The Company is currently working through the insurance company claims process for the benefit of CSC the Company’s equipment finance provider which owns the stolen serves. CSC would be the payee with respect to any insurance proceeds received in connection with the stolen servers.

On September 1, 2016, DM gave cancelation notice to the landlord with respect to the lease of its North Carolina facility.