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Intangible Assets
12 Months Ended
Dec. 31, 2024
Intangible Assets [Abstract]  
INTANGIBLE ASSETS
8. INTANGIBLE ASSETS

 

Intangible assets consist of the following:

 

Balance as of December 31, 2021  $14,502 
Additions of intangible assets   329 
Less: Impairment losses   (8,425)
Balance as of December 31, 2022   6,406 
Additions of intangible assets   16,025 
Less: Impairment losses   (1,035)
Balance as of December 31, 2023  $21,396 
Additions of intangible assets   9,258 
Less: Impairment losses   (781)
Balance as of December 31, 2024   29,873 

 

Bitcoin Production

 

The following table presents our bitcoin mining activities for the year ended December 31, 2024.

 

   Number of
bitcoins
   Amount 
         
Balance as of December 31, 2023   675.65   $17,871,099 
Receipt of BTC from mining services and investment income   61.10    9,257,897 
Impairment of BTC   -    (781,003)
Balance as of December 31, 2024   736.75    26,347,993 

 

The following table presents our Etherum mining activities for the year ended December 31, 2024.

 

   Number of
Etherums
   Amount 
         
Balance as of December 31, 2023   2,949.79   $3,525,001 
Receipt of ETH from mining services and investment income   -    
-
 
Impairment loss   -    
-
 
Balance as of December 31, 2024   2,949.79    3,525,001