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Statements of Cash Flows (Unaudited) - USD ($)
9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Net Cash flows used from operating activities:    
Net loss $ (3,071,893) $ (14,495,664)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation expense 3,521 2,862
Stock-based compensation 1,057,512 2,233,608
Validator revenue (1,013,503) (1,421,560)
Blockchain network fees (non-cash) 1,321
Change in fair value of warrant liabilities (142,500) (1,140,000)
Sale of non-productive crypto assets 2,547,322
Realized gain on crypto assets transactions (806,137) (489,682)
Impairment loss on crypto assets 1,251,950 12,347,472
Changes in operating assets and liabilities:    
Stablecoins (29,794)
Prepaid expenses and other current assets 16,298 117,473
Accounts payable and accrued expenses 15,932 (37,842)
Accrued compensation 25,209 205,237
Net cash used in operating activities (2,693,405) (129,453)
Cash flows from investing activities:    
Purchase of productive crypto assets for validating (1,804,482) (9,274,055)
Sale of productive crypto assets 1,994,890 432,716
Purchase of property and equipment (5,276) (5,408)
Sale of property and equipment 905
Net cash provided by (used in) investing activities 186,037 (8,846,747)
Cash flows from financing activities:    
Dividend distributions (630,801)
Net proceeds from issuance common stock/ At-the-market offering 1,113,818 11,095,132
Net cash provided by financing activities 1,113,818 10,464,331
Net (decrease)/increase in cash (1,393,550) 1,488,131
Cash, beginning of period 2,146,783 1,400,867
Cash, end of period 753,233 2,888,998
Supplemental disclosure of non-cash financing and investing activities:    
Series V Preferred Stock Distribution $ 2,559,533