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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Revenues        
E-commerce $ 96 $ 2,338 $ 6,290
Transaction verification services 15,553 169,069 326,176 344,822
Hosting 27,945
Total revenues 15,649 169,069 356,459 351,112
Power and mining expenses (35,050) (101,824) (263,869) (179,109)
Gross profit (19,401) 67,245 92,590 172,003
Operating expenses:        
Marketing 1,045 8,347 10,492 12,386
General and administrative 192,900 4,160,461 969,101 7,814,548
Impairment loss on fixed assets 240,853
Fair value adjustments for digital currencies 488 (8,665)
Total operating expenses 194,433 4,168,808 1,211,781 7,826,934
Net loss from operations (213,834) (4,101,563) (1,119,191) (7,654,931)
Other (expenses) income:        
Impairment loss related to investment (2,250,000) (254,433)
Fair value adjustments for warrant liabilities 1,038,588 286,087 (8,183,196) 610,039
Fair value adjustments for convertible notes (2,909,236) (3,245,896)
Fair value adjustments for derivative liability shortfall of shares 7,078,042 (7,401,321)
Inducement expense (58,380)
Interest expenses (604) (2,291) (6,784) (8,073)
Loss on issuance of units (1,672) (250,000) (1,050,911)
Loss on extinguishment of debt (346,865) (2,859,338)
Liquidated damages (1,433,250) (1,621,750)
Other expenses 24,100 (8,500) (2,142)
Total other income (expenses) 3,450,775 282,124 (25,826,785) (763,900)
Net income (loss) $ 3,236,941 $ (3,819,439) $ (26,945,976) $ (8,418,831)
Net income (loss) per share, basic and diluted        
Basic $ 0.00 $ (0.02) $ (0.07) $ (0.05)
Diluted $ 0.00 $ (0.02) $ (0.07) $ (0.05)
Weighted average number of shares outstanding, basic and diluted        
Basic 857,280,121 170,162,708 403,298,014 165,394,960
Diluted 16,516,954,751 170,162,708 403,298,014 165,394,960