Quarterly report pursuant to Section 13 or 15(d)

Digital Currencies

v3.19.3
Digital Currencies
9 Months Ended
Sep. 30, 2019
Indefinite-lived Intangible Assets (Excluding Goodwill) [Abstract]  
Digital Currencies

Note 4. Digital Currencies:

 

The following table presents additional information about digital currencies:

 

Beginning balance, January 1, 2019   $ 706,625  
Revenue recognized from digital currencies mined     5,563,952  
Mining pool operating fees     (111,278 )
Purchase of miner equipment with digital currencies     (98,865 )
Sale of digital currencies     (3,196,310 )
Realized gain on sale of digital currencies     665,218  
Impairment of digital currencies     (372,124 )
Ending balance, September 30, 2019   $ 3,157,218