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Significant Accounting Policies (Tables) | 12 Months Ended
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Dec. 31, 2021
Accounting Policies [Abstract] |
Schedule of exchange rate of relevant currencies |
|  | As of December 31, |  |  | % of change |
|  | 2021 |  |  | 2020 |  |  | 2021 |  |  | 2020 |
Year-end AUD 1 = USD |  |  | 0.726 |  |  |  | 0.770 |  |  |  | (6 | %) |  |  | 10 | %
Average AUD 1 = USD |  |  | 0.751 |  |  |  | 0.691 |  |  |  | 9 | % |  |  | (1 | %)
Schedule of digital currencies |
|  | December 31, |
|  | 2021 |  |  | 2020 |
Opening number of Bitcoin held |  |  | 0.52 |  |  |  | 0.58 |
Number of Bitcoin added |  |  | 808.88 |  |  |  | 417.32 |
Number of Bitcoin sold |  |  | (808.48 | ) |  |  | (417.38 | )
Closing number of Bitcoin held |  |  | 0.92 |  |  |  | 0.52 |
Schedule of estimated useful lives of the assets |
Financial Asset class |  | Useful life |  | Depreciation Method
Fixtures and Fittings |  | 5 years |  | Straight-Line
Plant and equipment |  | 10 years |  | Straight-Line
Modular data center |  | 5 years |  | Declining
Motor Vehicles |  | 5 years |  | Straight-Line
Computer equipment |  | 3 years |  | Straight-Line
Processing Machinery (Miners) |  | 2 years |  | Declining
Transformers |  | 15 years |  | Straight-Line

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