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Significant Accounting Policies (Tables)
12 Months Ended
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