v3.25.2
Property and Equipment, Net
6 Months Ended
Jun. 30, 2025
Property and Equipment, Net [Abstract]  
PROPERTY AND EQUIPMENT, NET
6.PROPERTY AND EQUIPMENT, NET

 

Property and equipment, net, consist of the following:

 

   As of
December 31,
   As of
June 30,
 
   2024   2025 
       (unaudited) 
Miners  $24,278   $30,928 
Less: accumulated depreciation       (4,046)
Total property and equipment, net  $24,278   $26,882 

 

Depreciation expense for the six months ended June 30, 2024 and 2025 was nil and $4,046, respectively, for the continuing operations. Impairment loss recorded for the six months ended June 30, 2024 and 2025 was nil for the continuing operations.