BTCS (BTCS) S-1 10 Aug 17 IPO registration Financial data

Document and Entity Information

Document and Entity Information	3 Months Ended
	Mar. 31, 2017
Document And Entity Information
Entity Registrant Name	BTCS Inc.
Entity Central Index Key	1,436,229
Document Type	S1
Document Period End Date	Mar. 31, 2017
Amendment Flag	false
Entity Filer Category	Smaller Reporting Company
Trading Symbol	BTCS

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($)	Mar. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Current assets:
Cash	$ 4,341	$ 95,068	$ 124,535
Digital currencies	199	199	17,036
Prepaid expense and other current assets			8,902
Total current assets	4,540	95,267	150,473
Other assets:
Property and equipment, net			489,420
Investment			2,250,000
Websites		919	6,075
Deposits	1,885	1,885	336,885
Total other assets	1,885	2,804	3,082,380
Total Assets	6,425	98,071	3,232,853
Liabilities and Stockholders' Deficit:
Accounts payable and accrued expense	965,837	770,497	402,464
Short term loan	45,000	45,000	45,000
Convertible notes		3,283,034	1,781,156
Derivative liabilities	5,079,807	23,231,938	3,794,153
Derivative liabilities for shortfall of shares		14,915,419
Liquidated Damages Liabilities		3,102,750
Total current liabilities	6,090,644	45,348,638	6,022,773
Stockholders' deficit:
Preferred stock value	1,128
Common stock value	42,325	16,097	2,842
Treasury stock, at cost	(617)	(217)	(217)
Additional paid in capital	98,120,692	23,785,756	21,994,382
Accumulated deficit	(104,247,747)	(69,052,203)	(24,786,927)
Total stockholders' deficit	(6,084,219)	(45,250,567)	(2,789,920)
Total Liabilities and stockholders' deficit	6,425	98,071	3,232,853
Series B Preferred Stock [Member]
Stockholders' deficit:
Preferred stock value	$ 1,128
Series C Convertible Preferred Stock [Member]
Stockholders' deficit:
Preferred stock value

Condensed Consolidated Balance3

Condensed Consolidated Balance Sheets (Parenthetical) - $ / shares	Mar. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Preferred stock, shares authorized	20,000,000	20,000,000	333,333
Preferred stock, par value	$ 0.001	$ 0.001	$ 0.001
Common stock, shares authorized	975,000,000	975,000,000	16,250,000
Common stock, par value	$ 0.001	$ 0.001	$ 0.001
Common stock, shares issued	41,924,720	16,095,929	2,841,342
Common stock, shares outstanding	41,924,720	16,095,929	2,841,342
Treasury stock, shares	216,667	216,667	216,667
Series B Preferred Stock [Member]
Preferred stock, shares issued	1,129,241	0
Preferred stock, shares outstanding	1,129,241	0
Liquidation preference	$ 0.001	$ 0.001
Series C Convertible Preferred Stock [Member]
Preferred stock, shares issued		0	0
Preferred stock, shares outstanding		0	0
Liquidation preference		$ 0.001	$ 0.001

Condensed Consolidated Statemen

Condensed Consolidated Statement of Operations (Unaudited) - USD ($)	3 Months Ended		12 Months Ended
	Mar. 31, 2017	Mar. 31, 2016	Dec. 31, 2016	Dec. 31, 2015
Revenues
E-commerce	$ 3,181		$ 1,640	$ 6,300
Transaction verification services		191,403	325,627	499,890
Hosting		7,740	27,945
Total revenues	3,181	199,143	355,212	506,190
Power and mining expenses		(113,982)	(263,869)	(290,099)
Gross profit	3,181	85,161	91,343	216,091
Operating expenses (income):
Marketing	60	7,575	10,693	14,829
General and administrative	179,386	399,802	1,126,977	8,097,322
Fair value adjustments for digital currencies		(4,285)	(8,665)	3,442
Impairment loss on fixed assets			236,585
Depreciation and amortization	919	94,845	182,037	298,797
Total operating expenses	179,446	403,092	1,547,627	8,414,390
Net loss from operations	(176,265)	(317,931)	(1,456,284)	(8,198,299)
Other (expenses) income:
Impairment loss related to investment		(2,250,000)	(2,250,000)	(254,433)
Fair value adjustments for warrant liabilities	(33,172,886)	497,233	(25,266,593)	482,666
Fair value adjustments for convertible notes	(16,849,071)	35,010	2,096,700	(3,748)
Fair value adjustments for derivative liability shortfall of shares			(14,915,419)
Inducement expense				(58,380)
Interest expenses		(3,541)	(7,420)	(11,871)
Loss on issuance of Units			(250,000)	(1,050,911)
Gain on extinguishment of debt	15,873,067		837,369
Loss from lease termination	(177,389)
Liquidated damages	(693,000)		(3,102,750)
Loss on issuance of convertible notes and warrants				(952,060)
Other expenses		(112)	49,121
Total other expenses	(35,019,279)	(1,721,410)	(42,808,992)	(1,848,737)
Net loss	$ (35,195,544)	$ (2,039,341)	$ (44,265,276)	$ (10,047,036)
Net loss per share, basic and diluted	$ (1.78)	$ (0.72)	$ (4.89)	$ (4.89)
Weighted average number of shares outstanding, basic and diluted
Basic and diluted	19,730,929	2,841,342	9,058,785	2,777,608

Consolidated Statement of Stock

Consolidated Statement of Stockholders' Equity (Deficit) - USD ($)	Series C Convertible Preferred Stock [Member]	Common Stock [Member]	Treasury Stock [Member]	Additional Paid-in Capital [Member]	Accumulated Deficit [Member]	Total
Balance at Dec. 31, 2014	$ 2,200	$ 2,553	$ (213)	$ 14,743,033	$ (14,739,891)	$ 7,682
Balance, Shares at Dec. 31, 2014	2,200,000	2,553,113	(212,500)
Issuance of private placement units for cash at $6.00 per unit		$ 72		(72)
Issuance of private placement units for cash at $6.00 per unit, Shares		72,167
Issuance of private placement units for cash at $18.00 per unit		$ 128		(128)
Issuance of private placement units for cash at $18.00 per unit, Shares		128,472
Common stock repurchase			$ (4)	(2,496)		(2,500)
Common stock repurchase, Shares			(4,167)
Conversion of Series C Convertible Preferred to common stock	$ (2,200)	$ 37		2,163
Conversion of Series C Convertible Preferred to common stock, Shares	(2,200,000)	36,667
Issuance of common stock for asset purchase		$ 6		48,620		48,626
Issuance of common stock for asset purchase, Shares		5,853
Conversion of accounts payable to common stock		$ 14		246,910		246,924
Conversion of accounts payable to common stock, Shares		13,734
Inducement expenses associated with conversion of accounts payable to common stock				58,380		58,380
Issuance of common stock for investment		$ 12		154,421		154,433
Issuance of common stock for investment, Shares		11,699
Issuance of common stock for services		$ 17		203,038		(203,055)
Issuance of common stock for services, Shares		16,929
Issuance of warrants for services				100,000		100,000
Cashless warrants exercise related to warrant liability		$ 3		56,741		56,744
Cashless warrants exercise related to warrant liability, Shares		2,701
Stock based compensation				6,383,772		6,383,772
Shares rounding adjustment
Shares rounding adjustment, Shares		7
Conversion of Senior convertible notes
Net loss					(10,047,036)	(10,047,036)
Balance at Dec. 31, 2015		$ 2,842	$ (217)	21,994,382	(24,786,927)	(2,789,920)
Balance, Shares at Dec. 31, 2015		2,841,342	(216,667)
Conversion of accounts payable to common stock
Issuance of common stock for investment
Issuance of common stock for services
Conversion of Senior convertible notes		$ 9,649		1,703,215		1,712,864
Conversion of Senior convertible notes, shares		9,648,662
Warrant exercise for cash		$ 69		91,696		91,765
Warrant exercise for cash, shares		68,750
Cashless warrant exercise		$ 3,537		(3,537)
Cashless warrant exercise, shares		3,537,175
Net loss					(44,265,276)	(44,265,276)
Balance at Dec. 31, 2016		$ 16,097	$ (217)	$ 23,785,756	$ (69,052,203)	(45,250,567)
Balance, Shares at Dec. 31, 2016		16,095,929	(216,667)
Conversion of accounts payable to common stock
Issuance of common stock for investment
Issuance of common stock for services
Conversion of Senior convertible notes						20,132,105
Net loss						(35,195,544)
Balance at Mar. 31, 2017						$ (6,084,219)

Consolidated Statement of Stoc6

Consolidated Statement of Stockholders' Equity (Deficit) (Parenthetical)	12 Months Ended
	Dec. 31, 2015$ / shares
Private Placement [Member]
Issuance of private placement units, price per units	$ 6
Private Placement One [Member]
Issuance of private placement units, price per units	$ 18

Condensed Consolidated Stateme7

Condensed Consolidated Statement of Cash Flows (Unaudited) - USD ($)	3 Months Ended		12 Months Ended
	Mar. 31, 2017	Mar. 31, 2016	Dec. 31, 2016	Dec. 31, 2015
Net Cash flows used from operating activities:
Net loss	$ (35,195,544)	$ (2,039,341)	$ (44,265,276)	$ (10,047,036)
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation and amortization expenses	919	94,845	182,037	298,797
Stock based compensation				6,383,772
Change in fair value of digital currencies		(4,285)	(8,665)	3,442
Loss on sale of fixed assets			1,530
Issuance of common stock for services				203,055
Issuance of derivative liability warrants for services				100,000
Loss on issuance of Units			250,000	1,050,911
Loss on issuance of convertible notes and warrants				952,060
Fair value adjustments for warrant liabilities	33,172,886	(497,233)	25,266,593	(482,666)
Fair value adjustments for convertible notes	16,849,071	(35,010)	(2,096,700)	3,748
Fair value adjustments for derivative liability shortfall of shares			14,915,419
Inducement expenses				58,380
Impairment loss on fixed assests			236,585
Gain on extinguishment of debt	(15,873,067)		(837,369)
Loss from lease termination	177,389
Impairment loss		2,250,000	2,250,000	254,433
Liquidated damages	693,000		3,102,750
Changes in operating assets and liabilities:
Digital currencies		(24,196)	25,502	(4,438)
Accounts receivable		(3,780)
Prepaid expenses and other current assets		(5,796)	8,902	37,752
Accounts payable	84,619	(89,512)	140,233	391,258
Net cash used in operating activities	(90,727)	(354,308)	(828,459)	(796,532)
Net cash used in investing activities:
Purchase of property and equipment		(11,208)	(14,582)	(553,069)
Sale of property and equipment, net		2,652	66,807	8,293
Refund of lease deposit		300,889	335,000	(332,070)
Investments at cost				(2,350,000)
Net cash provided by investing activities		292,333	387,225	(3,226,846)
Net cash provided by financing activities:
Common stock repurchase				(2,500)
Net proceeds from exercise of warrant	91,765		91,765
Net proceeds from issuance of Private Placement Units				2,695,500
Net proceeds from issuance of Private Placement Units from related party				50,000
Proceeds from short term loan				45,000
Proceeds from short term loan from related party				20,000
Proceeds from issuance of convertible notes, net			320,002	1,362,500
Payment on short term loan to related party				(27,990)
Net cash provided by financing activities			411,767	4,142,510
Net decrease in cash	(90,727)	(61,975)	(29,467)	119,132
Cash, beginning of period	95,068	124,535	124,535	5,403
Cash, end of period	4,341	62,560	95,068	124,535
Supplemental disclosure of non-cash financing and investing activities:
Cashless warrant exercise	4,534		3,537	56,744
Fractional shares adjusted for reverse split	4
FN Anti-Dilution Issuance of Common Stock	14,517
Conversion of Series B Preferred Stock	6,340
Management Redemption	400
Settlement of notes and warrants	90,168,290
Preferred converted to Common Stock	(32)
Preferred issued for conversion of notes	1,160
Conversion of Series C Convertible Preferred to common stock				2,200
Issuance of common stock for fixed assets purchases				48,626
Conversion of accounts payable to common stock				246,924
Issuance of common stock for investment				154,433
Conversion of convertible notes to common stock			(4,208,546)
Debt settlement from sale of fix assets			22,200
Reclassification between convertible note and derivative liabilities			$ 92,601

Business Organization and Natur

Business Organization and Nature of Operations	3 Months Ended	12 Months Ended
	Mar. 31, 2017	Dec. 31, 2016
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Business Organization and Nature of Operations	Note 1 - Business Organization and Nature of Operations BTCS Inc. (formerly Bitcoin Shop, Inc.), a Nevada Corporation (the “Company”) was incorporated in 2008. In February 2014, the Company entered the business of hosting an online ecommerce marketplace where consumers can purchase merchandise using digital currencies, including bitcoin and is currently focused on blockchain and digital currency ecosystems. In January 2015, the Company began a rebranding campaign using its BTCS.COM domain (shorthand for Blockchain Technology Consumer Solutions) to better reflect its broadened strategy. The Company released its new website which included broader information on its strategy. In late 2014 we shifted our focus towards our transaction verification service business, also known as bitcoin mining, though in mid 2016 we ceased our transaction verification services operation at our North Carolina facility due to capital constraints. Although our ecommerce marketplace is still online we are no longer developing, marketing or supporting it. The Company is an early entrant in the Digital Asset market and one of the first U.S. publicly traded companies to be involved with Digital Assets and blockchain technologies. Subject to additional financing, the Company plans to create a portfolio of digital assets including bitcoin and other “protocol tokens” to provide investors a diversified pure-play exposure to the bitcoin and blockchain industries. The Company intends to acquire digital assets through: open market purchases, participating in initial digital asset offerings (often referred to as initial coin offerings). Additionally, the Company may acquire digital assets by resuming its transaction verification services business through outsourced data centers and earning rewards in digital assets by securing their respective blockchains. On July 20, 2016, BTCS Digital Manufacturing (“DM”), a wholly owned subsidiary of the Company, suspended its North Carolina transaction verification services facility operations. The reduction in the block reward from 25 bitcoins to 12.5 bitcoins, often referred to as the halving, coupled with the facilities cooling system failing, resulted in DM being unable to meet certain of its financial commitments. The Company has subsequently ceased operations at DM. On August 8, 2016, DM discovered that its facility in North Carolina was broken into and certain of its equipment and approximately 165 Bitmain transaction verification servers leased from CSC Leasing Company (“CSC”) were stolen. The value of the stolen equipment owned by the Company was not material. The Company reported the theft to local authorities as well its insurance company regarding next steps. The Company received payment from the insurance company in the amount of approximately $85,000 and has assigned the payment to the benefit of CSC as part of the settlement agreement with CSC the Company’s equipment finance provider which owned the stolen serves. Reverse Stock Split and Amendment to Certificate of Incorporation On February 13, 2017, the Company filed a Certificate of Amendment to its Articles of Incorporation with the Secretary of State of Nevada to implement a reverse stock split at a ratio of one-for-60. The reverse stock split became effective immediately. On February 15, 2017, the Company’s Common Stock began trading on the OTCQB under the symbol “BTCSD.” On approximately March 15, 2017, the Common Stock resumed trading under the symbol “BTCS.” The Reverse Stock Split reduced the number of outstanding shares of Common Stock from 952,756,004 shares to 15,879,267 shares as of December 31, 2016. All per share amounts and outstanding shares of Common Stock including stock options, restricted stock and warrants, have been retroactively adjusted in these consolidated financial statements for all periods presented to reflect the 1-for-60 Reverse Stock Split. Further, exercise prices of stock options and warrants have been retroactively adjusted in these consolidated financial statements for all periods presented to reflect the 1-for-60 Reverse Stock Split. Numbers of shares of the Company’s preferred stock and convertible securities were not affected by the Reverse Stock Split; however, the conversion ratios have been adjusted to reflect the Reverse Stock Split.	Note 1 – Organization and Description of Business and Recent Developments BTCS Inc. (formerly Bitcoin Shop, Inc.), a Nevada Corporation (the “Company”) was incorporated in 2008. In February 2014, the Company entered the business of hosting an online ecommerce marketplace where consumers can purchase merchandise using Digital Assets, including bitcoin and is currently focused on blockchain and Digital Asset ecosystems. In January 2015, the Company began a rebranding campaign using its BTCS.COM domain (shorthand for Blockchain Technology Consumer Solutions) to better reflect its broadened strategy. The Company released its new website which included broader information on its strategy. In late 2014 we shifted our focus towards our transaction verification service business, also known as bitcoin mining, though in mid-2016 we ceased our transaction verification services operation at our North Carolina facility due to capital constraints. Although our ecommerce marketplace is still online we are no longer developing, marketing or supporting it. The Company is an early entrant in the Digital Asset market and one of the first U.S. publicly traded companies to be involved with Digital Assets and blockchain technologies. Subject to additional financing, the Company plans to create a portfolio of digital assets including bitcoin and other “protocol tokens” to provide investors a diversified pure-play exposure to the bitcoin and blockchain industries. The Company intends to acquire digital assets through: open market purchases, participating in initial digital asset offerings (often referred to as initial coin offerings). Additionally, the Company may acquire digital assets by resuming its transaction verification services business through outsourced data centers and earning rewards in digital assets by securing their respective blockchains. On July 20, 2016, BTCS Digital Manufacturing (“DM”), a wholly owned subsidiary the Company suspended its North Carolina transaction verification services facility operations. The recent reduction in the block reward from 25 bitcoins to 12.5 bitcoins, often referred to as the halving, coupled with the facilities cooling system failing, has resulted in DM being unable to meet certain of its financial commitments. The Company has subsequently ceased operations at DM. On August 8, 2016, DM discovered that its facility in North Carolina was broken into and certain of its equipment and approximately 165 Bitmain transaction verification servers leased from CSC Leasing Company (“CSC”) were stolen. The value of the stolen equipment owned by the Company was not material. The Company reported the theft to local authorities as well its insurance company regarding next steps. The Company received payment from the insurance company in the amount of approximately $85,000 and has assigned the payment to the benefit of CSC as part of the settlement agreement with CSC the Company’s equipment finance provider which owned the stolen serves. Reverse Stock Split and Amendment to Certificate of Incorporation On February 13, 2017, the Company filed a Certificate of Amendment to its Articles of Incorporation with the Secretary of State of Nevada to implement a reverse stock split at a ratio of one-for-60. The reverse stock split became effective immediately. On February 15, 2017, the Company’s Common Stock began trading on the OTCQB under the symbol “BTCSD.” On approximately March 15, 2017, the Common Stock resumed trading under the symbol “BTCS.” The Reverse Stock Split reduced the number of outstanding shares of Common Stock from 952,756,004 shares to 15,879,262 shares as of December 31, 2016. All per share amounts and outstanding shares of Common Stock including stock options, restricted stock and warrants, have been retroactively adjusted in these consolidated financial statements for all periods presented to reflect the 1-for-60 Reverse Stock Split. Further, exercise prices of stock options and warrants have been retroactively adjusted in these consolidated financial statements for all periods presented to reflect the 1-for-60 Reverse Stock Split. Numbers of shares of the Company’s preferred stock and convertible securities were not affected by the Reverse Stock Split; however, the conversion ratios have been adjusted to reflect the Reverse Stock Split.

Basis of Presentation

Basis of Presentation	3 Months Ended	12 Months Ended
	Mar. 31, 2017	Dec. 31, 2016
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentation	Note 2 - Basis of Presentation The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States (“GAAP”) for interim financial information, the instructions to Form 10-Q and the rules and regulations of the SEC. Accordingly, since they are interim statements, the accompanying condensed consolidated financial statements do not include all of the information and notes required by GAAP for annual financial statements, but reflect all adjustments consisting of normal, recurring adjustments, that are necessary for a fair presentation of the financial position, results of operations and cash flows for the interim periods presented. In the opinion of the Company’s management, all adjustments, consisting of only normal and recurring adjustments, necessary for a fair presentation of the financial position and the results of operations for the periods presented have been included. Interim results are not necessarily indicative of results for a full year. The condensed consolidated financial statements and notes should be read in conjunction with the financial statements and notes for the year ended December 31, 2016.	Note 2 – Basis of Presentation The accompanying consolidated financial statements include the accounts of the Company and its wholly-owned subsidiaries, BCSLLC and DM. The Company maintains its books of account and prepares consolidated financial statements in accordance with Generally Accepted Accounting Principles in the United States of America (“U.S. GAAP”). The Company’s fiscal year ends on December 31. All significant intercompany balances and transactions have been eliminated in consolidation.

Liquidity, Financial Condition

Liquidity, Financial Condition and Management's Plans	3 Months Ended	12 Months Ended
	Mar. 31, 2017	Dec. 31, 2016
Liquidity Financial Condition And Managements Plans
Liquidity, Financial Condition and Management's Plans	Note 3 - Liquidity, Financial Condition and Management’s Plans The Company has commenced its planned operations but has limited operating activities to date. The Company has financed its operations since inception using proceeds received from capital contributions made by its members and proceeds in financing transactions. On June 6, 2016, the Company, entered into a Securities Purchase Agreement (the “Securities Purchase Agreement”) with certain institutional investors (the “Purchasers”), pursuant to which the Purchaser subscribed for up to $375,000 of a 20% Original Issue Discount Junior Secured Convertible Notes (the “Junior Notes”). The aggregate principal amount of the Junior Notes issued at the initial close was $125,000 and the Company received $100,000 after giving effect to the 20% original issue discount. In June 2016, the Company issued 68,750 shares of Common Stock for the cash exercise of warrants resulting in aggregate proceeds of approximately $92,000. On December 6, 2016, the Company issued a total of $220,002 Convertible Promissory Notes (the “December 2016 Notes”) to three accredited investors. The December 2016 Notes were issued in connection with a loan of $200,002 and the cancellation of two $10,000 promissory notes previously issued by the Company to two of the investors. Notwithstanding, the Company has limited revenues, limited capital resources and is subject to all of the risks and uncertainties that are typical of an early stage enterprise. Significant uncertainties include, among others, whether the Company will be able to raise the capital it needs to finance its longer term operations and whether such operations, if launched, will enable the Company to sustain operations as a profitable enterprise. Our working capital needs are influenced by our level of operations, and generally decrease with higher levels of revenue. The Company used approximately $91,000 of cash in its operating activities for the three months ended March 31, 2017. The Company incurred $35.2 million net loss for the three months ended March 31, 2017. The Company had cash of approximately $4,000 and a working capital deficiency of approximately $6.1 million at March 31, 2017, which includes $5.1 million for the fair value of derivative liabilities. The Company expects to incur losses into the foreseeable future as it undertakes its efforts to execute its business plans. The Company will require significant additional capital to sustain its short-term operations and make the investments it needs to execute its longer term business plan. The Company’s existing liquidity is not sufficient to fund its operations and anticipated capital expenditures for the foreseeable future. The Company is currently seeking to obtain additional debt or equity financing, however there are currently no commitments in place for further financing nor is there any assurance that such financing will be available to the Company on favorable terms, if at all. Because of recurring operating losses, net operating cash flow deficits, and an accumulated deficit, there is substantial doubt about the Company’s ability to continue as a going concern for one year from the issuance of the financial statements. The consolidated financial statements have been prepared assuming the Company will continue as a going concern. The Company has not made adjustments to the accompanying consolidated financial statements to reflect the potential effects on the recoverability and classification of assets or liabilities should the Company be unable to continue as a going concern. The Company continues to incur ongoing administrative and other operating expenses, including public company expenses, in excess of revenues. While the Company continues to implement its business strategy, it intends to finance its activities by: ● managing current cash and cash equivalents on hand from the Company’s past debt and equity offerings by controlling costs, ● seeking additional financing through sales of additional securities	Note 3 - Liquidity, Financial Condition and Management’s Plans The Company has commenced its planned operations but has limited operating activities to date. The Company has financed its operations since inception using proceeds received from capital contributions made by its members and proceeds in financing transactions. On June 6, 2016, the Company, entered into a Securities Purchase Agreement (the “Securities Purchase Agreement”) with certain institutional investors (the “Purchasers”), pursuant to which the Purchaser subscribed for up to $375,000 of a 20% Original Issue Discount Junior Secured Convertible Notes (the “Junior Notes”). The aggregate principal amount of the Junior Notes issued at the initial close was $125,000 and the Company received $100,000 after giving effect to the 20% original issue discount. In June 2016, the Company issued 68,750 shares of Common Stock for the cash exercise of warrants resulting in aggregate proceeds of approximately $92,000. On December 6, 2016, the Company issued a total of $220,002 Convertible Promissory Notes (the “December 2016 Notes”) to three accredited investors. The December 2016 Notes were issued in connection with a loan of $200,002 and the cancellation of two $10,000 promissory notes previously issued by the Company to two of the investors. Notwithstanding, the Company has limited revenues, limited capital resources and is subject to all of the risks and uncertainties that are typical of an early stage enterprise. Significant uncertainties include, among others, whether the Company will be able to raise the capital it needs to finance its longer term operations and whether such operations, if launched, will enable the Company to sustain operations as a profitable enterprise. Our working capital needs are influenced by our level of operations, and generally decrease with higher levels of revenue. The Company used approximately $0.8 million of cash in its operating activities for the year ended December 31, 2016. The Company incurred $44.2 million net loss for the year ended December 31, 2016. The Company had cash of approximately $95,000 and a working capital deficiency of approximately $45.3 million at December 31, 2016, which includes $23.2 million for the fair value of derivative liabilities and $14.9 million for the fair value of derivative liabilities for shortfall of shares. The Company expects to incur losses into the foreseeable future as it undertakes its efforts to execute its business plans. The Company will require significant additional capital to sustain its short-term operations and make the investments it needs to execute its longer term business plan. The Company’s existing liquidity is not sufficient to fund its operations and anticipated capital expenditures for the foreseeable future. The Company is currently seeking to obtain additional debt or equity financing, however there are currently no commitments in place for further financing nor is there any assurance that such financing will be available to the Company on favorable terms, if at all. Because of recurring operating losses, net operating cash flow deficits, and an accumulated deficit, there is substantial doubt about the Company’s ability to continue as a going concern for one year from the issuance of the financial statements. The consolidated financial statements have been prepared assuming the Company will continue as a going concern. The Company has not made adjustments to the accompanying consolidated financial statements to reflect the potential effects on the recoverability and classification of assets or liabilities should the Company be unable to continue as a going concern. The Company continues to incur ongoing administrative and other operating expenses, including public company expenses, in excess of revenues. While the Company continues to implement its business strategy, it intends to finance its activities by: ● managing current cash and cash equivalents on hand from the Company’s past debt and equity offerings by controlling costs, ● seeking additional financing through sales of additional securities

Summary of Significant Accounti

Summary of Significant Accounting Policies	3 Months Ended	12 Months Ended
	Mar. 31, 2017	Dec. 31, 2016
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	Note 4 - Summary of Significant Accounting Policies There have been no material changes in the Company’s significant accounting policies to those previously disclosed in the 2016 Annual Report. Concentration of Cash The Company maintains cash balances at two financial institutions in checking accounts and money market accounts. The Company considers all highly liquid investments with original maturities of three months or less when purchased to be cash and cash equivalents. As of March 31, 2017 and December 31, 2016, the Company had $4,000 and 95,000 in cash and cash equivalents. The Company has not experienced any losses in such accounts and believes it is not exposed to any significant credit risk on cash. Derivative Instruments We account for free-standing derivative instruments and hybrid instruments that contain embedded derivative features in accordance with ASC Topic 815, Accounting for Derivative Instruments and Hedging Activities, or ASC 815, as well as related interpretations of this topic. In accordance with this topic, derivative instruments and hybrid instruments are recognized as either assets or liabilities in the balance sheet and are measured at fair values with gains or losses recognized in earnings. Embedded derivatives that are not clearly and closely related to the host contract are bifurcated and are recognized at fair value with changes in fair value recognized as either a gain or loss in earnings. We determine the fair value of derivative instruments and hybrid instruments based on available market data using appropriate valuation models, giving consideration to all of the rights and obligations of each instrument. The Company used a Monte Carlo model to separately value the Warrants issued in connection with the convertible notes in order to take into account the possibility of an adjustment to the exercise price associated with new rounds of financing in the future. Use of Estimates The accompanying condensed consolidated financial statements have been prepared in conformity with accounting principles generally accepted in the United States of America (“US GAAP”). This requires management to make estimates and assumptions that affect certain reported amounts of assets and liabilities and disclosures of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenue and expenses during the period. The Company’s significant estimates and assumptions include the recoverability and useful lives of long-lived assets, stock-based compensation, the valuation of derivative liabilities, and the valuation allowance related to the Company’s deferred tax assets. Certain of the Company’s estimates, including the carrying amount of the intangible assets, could be affected by external conditions, including those unique to the Company and general economic conditions. It is reasonably possible that these external factors could have an effect on the Company’s estimates and could cause actual results to differ from those estimates and assumptions. Net Loss per Share Basic loss per share is computed by dividing the net income or loss applicable to common shares by the weighted average number of common shares outstanding during the period. Net income (loss) attributable to common stockholders includes the effect of the deemed capital contribution on extinguishment of preferred stock and the deemed dividend related to the immediate accretion of beneficial conversion feature of convertible preferred stock. Diluted earnings per share is computed using the weighted average number of common shares and, if dilutive, potential common shares outstanding during the period. Potential common shares consist of the incremental common shares issuable upon the exercise of stock options (using the treasury stock method) and the conversion of the Company’s convertible preferred stock and warrants (using the if-converted method). Diluted loss per share excludes the shares issuable upon the conversion of preferred stock and the exercise of stock options and warrants from the calculation of net loss per share if their effect would be anti-dilutive. The following financial instruments were not included in the diluted loss per share calculation as of March 31, 2017 and 2016 because their effect was anti-dilutive: As of March 31, 2017 2016 Warrants to purchase Common Stock 105,610,725 29,203,352 Convertible notes - 4,833,333 Series B Preferred Stock 225,848,200 - Total 331,458,925 34,036,685 Recent Accounting Pronouncements In May 2014, the FASB issued ASU No. 2014-09, Revenue from Contracts with Customers, an updated standard on revenue recognition. ASU No. 2014-09 provides enhancements to the quality and consistency of how revenue is reported by companies while also improving comparability in the financial statements of companies reporting using International Financial Reporting Standards or U.S. GAAP. The main purpose of the new standard is for companies to recognize revenue to depict the transfer of goods or services to customers in amounts that reflect the consideration to which a company expects to be entitled in exchange for those goods or services. The new standard also will result in enhanced disclosures about revenue, provide guidance for transactions that were not previously addressed comprehensively and improve guidance for multiple-element arrangements. In July 2015, the FASB voted to approve a one-year deferral of the effective date of ASU No. 2014-09, which will be effective for the Company in the first quarter of fiscal year 2018 and may be applied on a full retrospective or modified retrospective approach. The Company is evaluating the impact of implementation and transition approach of this standard on its consolidated financial statements. In January 2016, FASB issued ASU No. 2016-01, Recognition and Measurement of Financial Assets and Financial Liabilities. ASU No. 2016-01 requires equity investments to be measured at fair value with changes in fair value recognized in net income; simplifies the impairment assessment of equity investments without readily determinable fair values by requiring a qualitative assessment to identify impairment; eliminates the requirement for public business entities to disclose the method(s) and significant assumptions used to estimate the fair value that is required to be disclosed for financial instruments measured at amortized cost on the balance sheet; requires public business entities to use the exit price notion when measuring the fair value of financial instruments for disclosure purposes; requires an entity to present separately in other comprehensive income the portion of the total change in the fair value of a liability resulting from a change in the instrument-specific credit risk when the entity has elected to measure the liability at fair value in accordance with the fair value option for financial instruments; requires separate presentation of financial assets and financial liabilities by measurement category and form of financial assets on the balance sheet or the accompanying notes to the financial statements and clarifies that an entity should evaluate the need for a valuation allowance on a deferred tax asset related to available-for-sale securities in combination with the entity’s other deferred tax assets. ASU No. 2016-01 is effective for financial statements issued for fiscal years beginning after December 15, 2017, and interim periods within those fiscal years. The Company is currently evaluating the impact that ASU No. 2016-01 will have on its consolidated financial statements and related disclosures. In February 2016, the FASB issued ASU No. 2016-02, Leases (Topic 842), which supersedes FASB ASC Topic 840, Leases (Topic 840) and provides principles for the recognition, measurement, presentation and disclosure of leases for both lessees and lessors. The new standard requires lessees to apply a dual approach, classifying leases as either finance or operating leases based on the principle of whether or not the lease is effectively a financed purchase by the lessee. This classification will determine whether lease expense is recognized based on an effective interest method or on a straight-line basis over the term of the lease, respectively. A lessee is also required to record a right-of-use asset and a lease liability for all leases with a term of greater than twelve months regardless of classification. Leases with a term of twelve months or less will be accounted for similar to existing guidance for operating leases. The standard is effective for annual and interim periods beginning after December 15, 2018, with early adoption permitted upon issuance. The adoption of this standard is not expected to have a material impact on the Company’s consolidated financial position and results of operations. In March 2016, the FASB issued ASU 2016-08, Revenue from Contracts with Customers (Topic 606): Principal versus Agent Considerations (“ASU 2016-08”). The purpose of ASU 2016-08 is to clarify the implementation of guidance on principal versus agent considerations. The amendments in ASU 2016-08 are effective for interim and annual reporting periods beginning after December 15, 2017. The Company is currently assessing the impact of ASU 2016-08 on the consolidated financial statements and related disclosures. In June 2016, the FASB issued ASU No. 2016-13, Financial Instruments - Credit Losses: Measurement of Credit Losses on Financial Instruments (“ASU 2016-13”). ASU 2016-13 requires that expected credit losses relating to financial assets measured on an amortized cost basis and available-for-sale debt securities be recorded through an allowance for credit losses. ASU 2016-13 limits the amount of credit losses to be recognized for available-for-sale debt securities to the amount by which carrying value exceeds fair value and also requires the reversal of previously recognized credit losses if fair value increases. The new standard will be effective on January 1, 2020. Early adoption will be available on January 1, 2019. The Company is currently evaluating the effect that the updated standard will have on its consolidated financial statements and related disclosures. In August 2016, the FASB issued ASU No. 2016-15, Statement of Cash Flows - Classification of Certain Cash Receipts and Cash Payments, which addresses eight specific cash flow issues with the objective of reducing the existing diversity in practice in how certain cash receipts and cash payments are presented and classified in the statement of cash flows. The standard is effective for fiscal years beginning after December 15, 2017, including interim periods within those fiscal years. Early adoption is permitted, including adoption in an interim period. The Company is currently evaluating the impact of this new pronouncement on its consolidated statements of cash flows. In January 2017, the FASB issued ASU No. 2017-04, Intangibles - Goodwill and Other (Topic 350): Simplifying the Accounting for Goodwill Impairment. ASU No. 2017-04 removes Step 2 of the goodwill impairment test, which requires a hypothetical purchase price allocation. A goodwill impairment will now be the amount by which a reporting unit’s carrying value exceeds its fair value, not to exceed the carrying amount of goodwill. This standard will be effective for the Company beginning in the first quarter of fiscal year 2021 is required to be applied prospectively. Early adoption is permitted for interim or annual goodwill impairment tests performed on testing dates after January 1, 2017. The Company is currently evaluating the impact this standard will have on its consolidated financial statements. In May 2017, the FASB issued ASU 2017-09, Compensation—Stock Compensation (Topic 718): Scope of Modification Accounting In July 2017, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2017-11, Earnings Per Share (Topic 260), Distinguishing Liabilities from Equity (Topic 480), Derivatives and Hedging (Topic 815).	Note 4 - Summary of Significant Accounting Policies A summary of the significant accounting policies applied in the preparation of the accompanying consolidated financial statements is as follows: Concentration of Cash The Company maintains cash balances at two financial institutions in checking accounts and money market accounts. The Company considers all highly liquid investments with original maturities of three months or less when purchased to be cash and cash equivalents. As of December 31, 2016 and 2015, the Company had $95,000 and 125,000 in cash and cash equivalents. The Company has not experienced any losses in such accounts and believes it is not exposed to any significant credit risk on cash. Digital Currencies Translations and Remeasurements The Company accounts for digital currencies, which it considers to be an operating asset, at their initial cost and subsequently remeasures the carrying amounts of digital currencies it owns at each reporting date based on their current fair value. The changes in the fair value of digital currencies are included as a component of income or loss from operations. The Company currently classifies digital currencies as a current asset. Digital currencies are considered a crypto-currency and the Company receives deposits in various kinds of digital currencies including but not limited to bitcoins, litecoins and dogecoins from customer trade transactions. The Company when necessary, will issue refunds in digital currencies and, at its discretion, make payments to vendors in digital currencies, if and when such vendors accept digital currencies as payment. The Company obtains the equivalency rate of bitcoins to USD from various exchanges including, Bitstamp and Coinbase. The equivalency rate obtained from these sources represents a generally well recognized quoted price in an active market for bitcoins, which market and related database are accessible to the Company on an ongoing basis. Property and Equipment Property and equipment consists of leasehold improvements, computer, equipment and office furniture and fixtures, all of which are recorded at cost. Depreciation and amortization is recorded using the straight-line method over the respective useful lives of the assets ranging from three to five years. Long-lived assets are reviewed for impairment whenever events or circumstances indicate that the carrying amount of these assets may not be recoverable. Intangible Asset The Company has applied the provision of ASC topic 350-50-50 Intangible - Goodwill and Other/Website Development Costs, in accounting for its costs incurred to purchase its website. Capitalized website costs are being amortized by the straight line method over an estimated useful life of three (3) years. Amortization cost was approximately $5,000 for the years ended December 31, 2016 and 2015. Investments Shares in Group undertakings are stated at cost less any provision for impairment. The Company assesses investments for impairment whenever events or changes in circumstances indicate that the carrying value of an investment may not be recoverable. If any such indication of impairment exists, the Company makes an estimate of the recoverable amount. If the recoverable amount of the cash-generating unit is less than the value of the investment, the investment is considered to be impaired and is written down to its recoverable amount. An impairment loss is recognized immediately in the profit and loss account. During the year ended 2016, the Company recorded impairment loss of approximately $2.3 million. Derivative Instruments We account for free-standing derivative instruments and hybrid instruments that contain embedded derivative features in accordance with ASC Topic 815, Accounting for Derivative Instruments and Hedging Activities, or ASC 815, as well as related interpretations of this topic. In accordance with this topic, derivative instruments and hybrid instruments are recognized as either assets or liabilities in the balance sheet and are measured at fair values with gains or losses recognized in earnings. Embedded derivatives that are not clearly and closely related to the host contract are bifurcated and are recognized at fair value with changes in fair value recognized as either a gain or loss in earnings. We determine the fair value of derivative instruments and hybrid instruments based on available market data using appropriate valuation models, giving consideration to all of the rights and obligations of each instrument. The Company used a Monte Carlo model to separately value the Warrants issued in connection with the convertible notes in order to take into account the possibility of an adjustment to the exercise price associated with new rounds of financing in the future. Reclassifications Certain reclassifications have been made in prior years’ consolidated financial statements to conform to the current year’s presentation. Use of Estimates In preparing financial statements in conformity with U.S. GAAP, management is required to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements, as well as the reported amounts of expenses during the reporting period. Due to inherent uncertainty involved in making estimates, actual results reported in future periods may be affected by changes in these estimates. On an ongoing basis, the Company evaluates its estimates and assumptions. These estimates and assumptions include valuing equity securities in share-based payment arrangements, estimating the provision for income taxes, estimating the fair value of equity instruments recorded as derivative liabilities, useful lives of depreciable assets and whether impairment charges may apply. Revenue Recognition The Company follows the guidance of the Securities and Exchange Commission’s Staff Accounting Bulletin (“SAB”) 104 for revenue recognition and Accounting Standards Codification (“ASC”) Topic 605, “Revenue Recognition.” Accordingly, the Company records revenue when persuasive evidence of an arrangement exists, services have been rendered or product delivery has occurred, the selling price to the customer is fixed or determinable and collectability of the revenue is reasonably assured. Transaction Verification Servers Revenue earned from bitcoin processing activities (“Transaction Verification Services”), commonly termed ‘mining’ activities, is recognized at the fair value of the bitcoins received as consideration on the date of actual receipt. The Company generates revenue by performing computer processing activities for bitcoin generation. In the digital-currency industry such activity is generally referred to as Transaction Verification Services or bitcoin mining. The Company receives consideration for performing such transaction verification activities in the form of bitcoins. Revenue is recorded upon the actual receipt of bitcoins. Expenses consist of utilities paid to cover our electric costs, rent for our facility and personnel to run our facility. The expenses related to our Transaction Verification Services activities are affected by the level of activities and not the ultimate generation of bitcoins. The Company expenses these costs as they are incurred. Income Taxes The Company recognizes income taxes on an accrual basis based on tax positions taken or expected to be taken in its tax returns. A tax position is defined as a position in a previously filed tax return or a position expected to be taken in a future tax filing that is reflected in measuring current or deferred income tax assets and liabilities. Tax positions are recognized only when it is more likely than not (i.e., likelihood of greater than 50%), based on technical merits, that the position would be sustained upon examination by taxing authorities. Tax positions that meet the more likely than not threshold are measured using a probability-weighted approach as the largest amount of tax benefit that is greater than 50% likely of being realized upon settlement. Income taxes are accounted for using an asset and liability approach that requires the recognition of deferred tax assets and liabilities for the expected future tax consequences of events that have been recognized in the Company’s financial statements or tax returns. A valuation allowance is established to reduce deferred tax assets if all, or some portion, of such assets will more than likely not be realized. Should they occur, the Company’s policy is to classify interest and penalties related to tax positions as income tax expense. Since the Company’s inception, no such interest or penalties have been incurred. Fair Value of Financial Instruments Financial instruments, including cash and cash equivalents, accounts and other receivables, accounts payable and accrued liabilities are carried at cost, which management believes approximates fair value due to the short-term nature of these instruments. The Company measures the fair value of financial assets and liabilities based on the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. The Company maximizes the use of observable inputs and minimizes the use of unobservable inputs when measuring fair value. The Company uses three levels of inputs that may be used to measure fair value: Level 1 - quoted prices in active markets for identical assets or liabilities Level 2 - quoted prices for similar assets and liabilities in active markets or inputs that are observable Level 3 - inputs that are unobservable (for example, cash flow modeling inputs based on assumptions) Employee Stock-Based Compensation The Company accounts for stock-based compensation in accordance with ASC 718 Compensation - Stock Compensation (“ASC 718”). ASC 718 addresses all forms of share-based payment (“SBP”) awards including shares issued under employee stock purchase plans and stock incentive shares. Under ASC 718 awards result in a cost that is measured at fair value on the awards’ grant date, based on the estimated number of awards that are expected to vest and will result in a charge to operations. Advertising Expense Advertisement costs are expensed as incurred and included in marketing expenses. Advertising expenses amounted to approximately $11,000 and $15,000 for the years ended December 31, 2016 and 2015, respectively. Net Loss per Share Basic loss per share is computed by dividing the net income or loss applicable to common shares by the weighted average number of common shares outstanding during the period. Net income (loss) attributable to common stockholders includes the effect of the deemed capital contribution on extinguishment of preferred stock and the deemed dividend related to the immediate accretion of beneficial conversion feature of convertible preferred stock. Diluted earnings per share is computed using the weighted average number of common shares and, if dilutive, potential common shares outstanding during the period. Potential common shares consist of the incremental common shares issuable upon the exercise of stock options (using the treasury stock method) and the conversion of the Company’s convertible preferred stock and warrants (using the if-converted method). Diluted loss per share excludes the shares issuable upon the conversion of preferred stock and the exercise of stock options and warrants from the calculation of net loss per share if their effect would be anti-dilutive. The following financial instruments were not included in the diluted loss per share calculation as of December 31, 2016 and 2015 because their effect was anti-dilutive: As of December 31, 2016 2015 Warrants to purchase common stock 268,788,732 486,723 Convertible notes 50,198,041 80,555 Favored Nations 108,747,774 - Total 427,734,547 567,278 Preferred Stock The Company applies the guidance enumerated in ASC 480 “Distinguishing Liabilities from Equity” when determining the classification and measurement of preferred stock. Preferred shares subject to mandatory redemption (if any) are classified as liability instruments and are measured at fair value. The Company classifies conditionally redeemable preferred shares (if any), which includes preferred shares that feature redemption rights that are either within the control of the holder or subject to redemption upon the occurrence of uncertain events not solely within the Company’s control, as temporary equity. At all other times, the Company classifies its preferred shares in stockholders’ equity. The Company’s preferred shares do not feature any redemption rights within the holders’ control or conditional redemption features not within the Company’s control as of December 31, 2016. Accordingly, all issuances of preferred stock are presented as a component of consolidated stockholders’ equity. Series C Convertible Preferred Stock The Company has evaluated the Series C Convertible Preferred Stock (“Preferred Stock”) conversion component of the Private Placement and determined it should be considered an “equity host” and not a “debt host” as defined by ASC 815, Derivatives and Hedging. This evaluation is necessary in order to determine if any embedded features require bifurcation and, therefore, separate accounting as a derivative liability. The Company’s analysis followed the “whole instrument approach,” which compares an individual feature against the entire preferred stock instrument which includes that feature. The Company’s analysis was based on a consideration of the Preferred Stock’s economic characteristics and risks and more specifically evaluated all the stated and implied substantive terms and features including (i) whether the Preferred Stock included redemption features, (ii) whether the preferred stockholders were entitled to dividends, (iii) the voting rights of the Preferred Stock and (iv) the existence and nature of any conversion rights. As a result of the Company’s determination that the Preferred Stock is an “equity host,” the embedded conversion feature is not considered a derivative liability. Fair Value Option As permitted under FASB ASC 825, Financial Instruments, Adoption of Recent Accounting Pronouncements In August 2015, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2015-15, Interest - Imputation of Interest: Presentation and Subsequent Measurement of Debt Issuance Costs Associated with Line-of-Credit Arrangements, which clarifies the treatment of debt issuance costs from line-of-credit arrangements after the adoption of ASU No. 2015-03, Interest - Imputation of Interest: Simplifying the Presentation of Debt Issuance Costs. In particular, ASU No. 2015-15 clarifies that the SEC staff would not object to an entity deferring and presenting debt issuance costs related to a line-of-credit arrangement as an asset and subsequently amortizing the deferred debt issuance costs ratably over the term of such arrangement, regardless of whether there are any outstanding borrowings on the line-of-credit arrangement. The Company adopted ASU No. 2015-15 during the first quarter of fiscal 2016, and its adoption did not have a material impact on its consolidated financial statements. Recent Accounting Pronouncements In May 2014, the FASB issued ASU No. 2014-09, Revenue from Contracts with Customers, an updated standard on revenue recognition. ASU No. 2014-09 provides enhancements to the quality and consistency of how revenue is reported by companies while also improving comparability in the financial statements of companies reporting using International Financial Reporting Standards or U.S. GAAP. The main purpose of the new standard is for companies to recognize revenue to depict the transfer of goods or services to customers in amounts that reflect the consideration to which a company expects to be entitled in exchange for those goods or services. The new standard also will result in enhanced disclosures about revenue, provide guidance for transactions that were not previously addressed comprehensively and improve guidance for multiple-element arrangements. In July 2015, the FASB voted to approve a one-year deferral of the effective date of ASU No. 2014-09, which will be effective for the Company in the first quarter of fiscal year 2019 and may be applied on a full retrospective or modified retrospective approach. The Company is evaluating the impact of implementation and transition approach of this standard on its financial statements. In August 2014, the FASB issued ASU No. 2014-15, Presentation of Financial Statements-Going Concern, which defines management’s responsibility to assess an entity’s ability to continue as a going concern, and requires related footnote disclosures if there is substantial doubt about its ability to continue as a going concern. ASU No. 2014-15 is effective for the Company for the fiscal year ending on June 30, 2017, with early adoption permitted. The Company is currently evaluating the impact of adopting ASU No. 2014-15 and its related disclosures. In November 2015, FASB issued ASU No. 2015-17, Balance Sheet Classification of Deferred Taxes. ASU No. 2015-17 requires that deferred tax liabilities and assets be classified as noncurrent in a classified statement of financial position. ASU No. 2015-17 is effective for financial statements issued for fiscal years beginning after December 15, 2016, and interim periods within those fiscal years. The Company is currently evaluating the impact that ASU No. 2015-17 will have on its balance sheet and financial statement disclosures. In January 2016, FASB issued ASU No. 2016-01, Recognition and Measurement of Financial Assets and Financial Liabilities. ASU No. 2016-01 requires equity investments to be measured at fair value with changes in fair value recognized in net income; simplifies the impairment assessment of equity investments without readily determinable fair values by requiring a qualitative assessment to identify impairment; eliminates the requirement for public business entities to disclose the method(s) and significant assumptions used to estimate the fair value that is required to be disclosed for financial instruments measured at amortized cost on the balance sheet; requires public business entities to use the exit price notion when measuring the fair value of financial instruments for disclosure purposes; requires an entity to present separately in other comprehensive income the portion of the total change in the fair value of a liability resulting from a change in the instrument-specific credit risk when the entity has elected to measure the liability at fair value in accordance with the fair value option for financial instruments; requires separate presentation of financial assets and financial liabilities by measurement category and form of financial assets on the balance sheet or the accompanying notes to the financial statements and clarifies that an entity should evaluate the need for a valuation allowance on a deferred tax asset related to available-for-sale securities in combination with the entity’s other deferred tax assets. ASU No. 2016-01 is effective for financial statements issued for fiscal years beginning after December 15, 2017, and interim periods within those fiscal years. The Company is currently evaluating the impact that ASU No. 2016-01 will have on its financial statements and related disclosures. In February 2016, the FASB issued ASU No. 2016-02, Leases (Topic 842), which supersedes FASB ASC Topic 840, Leases (Topic 840) and provides principles for the recognition, measurement, presentation and disclosure of leases for both lessees and lessors. The new standard requires lessees to apply a dual approach, classifying leases as either finance or operating leases based on the principle of whether or not the lease is effectively a financed purchase by the lessee. This classification will determine whether lease expense is recognized based on an effective interest method or on a straight-line basis over the term of the lease, respectively. A lessee is also required to record a right-of-use asset and a lease liability for all leases with a term of greater than twelve months regardless of classification. Leases with a term of twelve months or less will be accounted for similar to existing guidance for operating leases. The standard is effective for annual and interim periods beginning after December 15, 2018, with early adoption permitted upon issuance. The adoption of this standard is not expected to have a material impact on the Company’s consolidated financial position and results of operations. In March 2016, the FASB issued ASU 2016-08, Revenue from Contracts with Customers (Topic 606): Principal versus Agent Considerations (“ASU 2016-08”). The purpose of ASU 2016-08 is to clarify the implementation of guidance on principal versus agent considerations. The amendments in ASU 2016-08 are effective for interim and annual reporting periods beginning after December 15, 2017. The Company is currently assessing the impact of ASU 2016-08 on the consolidated financial statements and related disclosures. In March 2016, the FASB issued ASU No. 2016-09, Compensation-Stock Compensation (Topic 718), Improvements to Employee Share-Based Payment Accounting (“ASU 2016-09”). Under ASU 2016-09, companies will no longer record excess tax benefits and certain tax deficiencies in additional paid-in capital (“APIC”). Instead, they will record all excess tax benefits and tax deficiencies as income tax expense or benefit in the income statement and the APIC pools will be eliminated. In addition, ASU 2016-09 eliminates the requirement that excess tax benefits be realized before companies can recognize them. ASU 2016-09 also requires companies to present excess tax benefits as an operating activity on the statement of cash flows rather than as a financing activity. Furthermore, ASU 2016-09 will increase the amount an employer can withhold to cover income taxes on awards and still qualify for the exception to liability classification for shares used to satisfy the employer’s statutory income tax withholding obligation. An employer with a statutory income tax withholding obligation will now be allowed to withhold shares with a fair value up to the amount of taxes owed using the maximum statutory tax rate in the employee’s applicable jurisdiction(s). ASU 2016-09 requires a company to classify the cash paid to a tax authority when shares are withheld to satisfy its statutory income tax withholding obligation as a financing activity on the statement of cash flows. Under current U.S. GAAP, it was not specified how these cash flows should be classified. In addition, companies will now have to elect whether to account for forfeitures on share-based payments by (1) recognizing forfeitures of awards as they occur or (2) estimating the number of awards expected to be forfeited and adjusting the estimate when it is likely to change, as is currently required. The amendments of this ASU are effective for reporting periods beginning after December 15, 2016, with early adoption permitted but all of the guidance must be adopted in the same period. The Company is currently assessing the impact that ASU 2016-09 will have on its consolidated financial statements. In April 2016, the FASB issued ASU No. 2016-10, Revenue from Contracts with Customer (“ASU 2016-10”). The new guidance is an update to ASC 606 and provides clarity on: identifying performance obligations and licensing implementation. For public companies, ASU 2016-10 is effective for annual periods, including interim periods within those annual periods, beginning after December 15, 2016. The Company is currently evaluating the impact that ASU 2016-10 will have on its consolidated financial statements. In June 2016, the FASB issued ASU No. 2016-13, Financial Instruments - Credit Losses: Measurement of Credit Losses on Financial Instruments (“ASU 2016-13”). ASU 2016-13 requires that expected credit losses relating to financial assets measured on an amortized cost basis and available-for-sale debt securities be recorded through an allowance for credit losses. ASU 2016-13 limits the amount of credit losses to be recognized for available-for-sale debt securities to the amount by which carrying value exceeds fair value and also requires the reversal of previously recognized credit losses if fair value increases. The new standard will be effective on January 1, 2020. Early adoption will be available on January 1, 2019. The Company is currently evaluating the effect that the updated standard will have on its consolidated financial statements and related disclosures. In August 2016, the FASB issued ASU No. 2016-15, Statement of Cash Flows - Classification of Certain Cash Receipts and Cash Payments, which addresses eight specific cash flow issues with the objective of reducing the existing diversity in practice in how certain cash receipts and cash payments are presented and classified in the statement of cash flows. The standard is effective for fiscal years beginning after December 15, 2017, including interim periods within those fiscal years. Early adoption is permitted, including adoption in an interim period. The Company is currently evaluating the impact of this new pronouncement on its consolidated statements of cash flows. In January 2017, the FASB issued ASU No. 2017-04, Intangibles - Goodwill and Other (Topic 350): Simplifying the Accounting for Goodwill Impairment. ASU No. 2017-04 removes Step 2 of the goodwill impairment test, which requires a hypothetical purchase price allocation. A goodwill impairment will now be the amount by which a reporting unit’s carrying value exceeds its fair value, not to exceed the carrying amount of goodwill. This standard will be effective for the Company beginning in the first quarter of fiscal year 2021 is required to be applied prospectively. Early adoption is permitted for interim or annual goodwill impairment tests performed on testing dates after January 1, 2017. The Company is currently evaluating the impact this standard will have on its consolidated financial statements.

Fair Value Measurements

Fair Value Measurements	3 Months Ended	12 Months Ended
	Mar. 31, 2017	Dec. 31, 2016
Fair Value Disclosures [Abstract]
Fair Value Measurements	Note 5 - Fair Value Measurements The Company’s assets and liabilities recorded at fair value have been categorized based upon a fair value hierarchy. The following table presents information about the Company’s liabilities measured at fair value on a recurring basis and the Company’s estimated level within the fair value hierarchy of those assets and liabilities as of March 31, 2017 and December 31, 2016: Fair value measured at March 31, 2017 Total carrying value at March 31, Quoted prices in active markets Significant other observable inputs Significant unobservable inputs 2017 (Level 1) (Level 2) (Level 3) Assets Digital Currencies $ 199 $ 199 - - Liabilities Derivative liabilities $ 5,079,807 - - $ 5,079,807 Fair value measured at December 31, 2016 Total carrying value at December 31, Quoted prices in active markets Significant other observable inputs Significant unobservable inputs 2016 (Level 1) (Level 2) (Level 3) Assets Digital Currencies $ 199 $ 199 - - Liabilities Derivative liabilities $ 23,231,938 - - $ 23,231,938 Derivative liabilities for shortfall of shares 14,915,419 - - 14,915,419 Convertible notes inclusive of derivative liabilities 3,283,034 - - 3,283,034 There were no transfers between Level 1, 2 or 3 during the three months ended March 31, 2017. The following table presents additional information about Level 3 assets and liabilities measured at fair value. Both observable and unobservable inputs may be used to determine the fair value of positions that the Company has classified within the Level 3 category. As a result, the unrealized gains and losses for assets and liabilities within the Level 3 category may include changes in fair value that were attributable to both observable (e.g., changes in market interest rates) and unobservable (e.g., changes in unobservable long-dated volatilities) inputs. Changes in Level 3 liabilities measured at fair value for the three months ended March 31, 2017: Derivative liabilities balance - January 1, 2017 $ 23,231,938 Conversion of warrant liabilities (51,325,017 ) Fair value adjustments for warrant liabilities 33,172,886 Derivative liabilities balance - March 31, 2017 $ 5,079,807 Derivative liabilities for shortfall of shares balance - January 1, 2017 $ 14,915,419 Conversion of shortfall shares liabilities (14,915,419 ) Derivative liabilities for shortfall of shares balance - March 31, 2017 $ - Convertible notes at fair value - January 1, 2017 $ 3,283,034 Conversion of convertible notes (20,132,105 ) Change in fair value of convertible notes (including OID discount) 16,849,071 Convertible notes at fair value - March 31, 2017 $ - The Company’s derivative liabilities are measured at fair value using the Monte Carlo simulation valuation methodology. A summary of the weighted average (in aggregate) significant unobservable inputs (Level 3 inputs) used in measuring the Company’s derivative liabilities that are categorized within Level 3 of the fair value hierarchy for the three months ended March 31, 2017 is as follows: Warrant Liabilities Date of valuation March 2, 2017 March 31, 2017 Strike Price 0.025 - 18.000 0.025 - 18.000 Volatility 186.7% - 208.3 % 190.71% - 223.85 % Risk-free interest rate 1.25% - 1.83 % 1.20% - 1.51 % Contractual life (in years) 1.79 to 3.79 1.71 to 3.04 Dividend yield (per share) 0 0 Convertible Notes at Fair Value Date of valuation March 2, 2017 Strike Price 0.32 Volatility 267.8 % Risk-free interest rate 0.68 % Dividend yield (per share) 0 The development and determination of the unobservable inputs for Level 3 fair value measurements and fair value calculations are the responsibility of the Company’s Management.	Note 10 – Fair Value Measurements The Company’s assets and liabilities recorded at fair value have been categorized based upon a fair value hierarchy. The following table presents information about the Company’s liabilities measured at fair value on a recurring basis and the Company’s estimated level within the fair value hierarchy of those assets and liabilities as of December 31, 2016 and 2015: Fair value measured at December 31, 2016 Total carrying value at Quoted prices in active markets Significant other observable inputs Significant unobservable inputs December 31, 2016 (Level 1) (Level 2) (Level 3) Assets Digital Currencies $ 199 $ 199 Liabilities Derivative liabilities $ 23,231,938 $ 23,231,938 Derivative liabilities for shortfall of shares $ 14,915,419 $ 14,915,419 Convertible notes at fair value $ 3,283,034 $ 3,283,034 Fair value measured at December 31, 2015 Total carrying value at Quoted prices in active markets Significant other observable inputs Significant unobservable inputs December 31, 2015 (Level 1) (Level 2) (Level 3) Assets Digital Currencies $ 17,036 $ 17,036 $ - $ - Liabilities Derivative liabilities $ 3,794,153 $ 3,794,153 Convertible notes at fair value 1,781,156 - - 1,781,156 There were no transfers between Level 1, 2 or 3 during the years ended December 31, 2016 and 2015. The following table presents additional information about Level 3 assets and liabilities measured at fair value. Both observable and unobservable inputs may be used to determine the fair value of positions that the Company has classified within the Level 3 category. As a result, the unrealized gains and losses for assets and liabilities within the Level 3 category may include changes in fair value that were attributable to both observable (e.g., changes in market interest rates) and unobservable (e.g., changes in unobservable long-dated volatilities) inputs. Changes in Level 3 liabilities measured at fair value for the years ended December 31, 2016 and 2015: Derivative liabilities Balance - January 1, 2015 $ - Fair value of derivative liability on date of issuance (January 19, 2015) 952,600 Fair value of derivative liability on date of issuance (April 20, 2015) 2,843,811 Fair value of derivative liability on date of issuance (April 20, 2015) 537,152 Change in fair value of derivative liability (482,666 ) Cashless warrants exercise related to derivative liability (October 15, 2015) (56,744 ) Derivative liabilities Balance - December 31, 2015 $ 3,794,153 Change in fair value of derivative liability (5,921,409 ) Reclassification from derivative liability 92,601 Fair value adjustments for warrant liabilities 25,266,593 Derivative liabilities Balance - December 31, 2016 $ 23,231,938 Convertible notes at fair value Balance - January 1, 2015 $ - Fair value of senior convertible notes on date of issuance (December 16, 2015) 1,777,408 Change in fair value of senior convertible notes 3,748 Convertible notes at fair value - December 31, 2015 $ 1,781,156 Addition of convertible notes 320,002 Conversion of notes into common stock 4,208,546 Gain on extinguishment of debt (837,369 ) Change in fair value of convertible notes (including OID discount) (2,096,700 ) Reclassification to derivative liability (92,601 ) Convertible notes at fair value - December 31, 2016 $ 3,283,034 Derivative liabilities for shortfall of shares Balance - January 1, 2016 $ - Change in fair value of derivative liability shortfall of shares 14,915,419 Derivative liabilities for shortfall of shares Balance - December 31, 2016 $ 14,915,419 The Company’s derivative liabilities are measured at fair value using the Monte Carlo simulation valuation methodology. A summary of the weighted average (in aggregate) significant unobservable inputs (Level 3 inputs) used in measuring the Company’s derivative liabilities that are categorized within Level 3 of the fair value hierarchy for the year ended December 31, 2016 is as follows: Warrant Liabilities Date of valuation December 31, 2016 Strike Price 0.03 - 60.0 Volatility 118% - 230% Risk-free interest rate 0.35% - 2.23% Contractual life (in years) 0.10 to 3.96 Dividend yield (per share) 0 Derivative Liabilities for shortfall of shares Date of valuation December 31, 2016 Strike Price 0.0252 Volatility 268.69% Risk-free interest rate 1.78% Contractual life (in years) 3.75 Dividend yield (per share) 0% Senior Convertible Notes at Fair Value Date of valuation December 31, 2016 Strike Price 0.0252 Volatility 300.42% - 328.04% Risk-free interest rate 0.51% - 0.63% Dividend yield (per share) 0% The development and determination of the unobservable inputs for Level 3 fair value measurements and fair value calculations are the responsibility of the Company’s Management.

Related Party Transactions

Related Party Transactions	3 Months Ended	12 Months Ended
	Mar. 31, 2017	Dec. 31, 2016
Related Party Transactions [Abstract]
Related Party Transactions	Note 6 - Related Party Transactions On January 30, 2017, the Company received 24,000,000 pre-split shares (400,000 shares post-split) of Common Stock for cancelation for no consideration (the “Escrow Shares”). The Escrow Shares were placed in escrow by Charles Allen our Chief Executive Officer, Chief Financial Officer and Chairman, and Michal Handerhan, our Chief Operating Officer and corporate secretary (collectively, the “Principal Stockholders”) pursuant to a securities escrow agreement dated February 19, 2016 (the “Securities Escrow Agreement”). The Company recorded an adjustment to additional paid-in capital for $400 related to this transaction.	Note 13 - Related Party Transactions On December 18, 2014, Charles Allen, the Company’s Chief Executive Officer contributed $7,990 of brand new Digital Asset mining hardware at cost in exchange for a promissory note (the “Allen Note”). The Allen Note bears interest at a rate of 2% per year and is due on December 31, 2015. The Allen Note may be prepaid, at our option, without premium or penalty, in whole or in part at any time or from time to time prior to the Allen Note maturity. On February 10, 2015, the Company paid back $3,000 on the Allen Note. On May 8, 2015, the Company paid in full the remaining balance of the promissory note issued to Charles Allen, including $4,990 in principal and $48 in accrued interest. On January 19, 2015, Michal Handerhan, the Company’s Chief Operating Officer loaned the Company $20,000 pursuant to Promissory Notes (the “Handerhan Note”). The Handerhan Note bears interest at the rate of 2% per annum and matures on December 31, 2015. The Handerhan Note may be prepaid, at the option of the Company, without premium or penalty, in whole or in part at any time or from time to time prior to the Handerhan Note maturity. On February 17, 2015, the Company paid back $3,000. On May 4, 2015, the Company repaid $10,000 in principal of the promissory note issued to Michal Handerhan. On May 13, 2015, the Company paid in full the remaining balance of the promissory note issued to Michal Handerhan, including $7,000 in principal and $108 in accrued interest. On January 19, 2015 (the “Closing Date”), the Company sold an aggregate of 72,167 units (each a “January Unit”) in a private placement (the “January Private Placement”) of its securities to certain investors at a purchase price of $6.00 per January Unit pursuant to subscription agreements for an aggregate purchase price of $433,000. Charles Allen, the Company’s Chief Executive Officer, and Michal Handerhan, the Company’s Chief Operating Officer, each purchased 834 January Units in the January Private Placement for $5,000 per executive. On April 20, 2015 (the “Closing Date”), the Company sold an aggregate of 128,472 units (each a “April Unit”) in a private placement (the “April Private Placement”) of its securities to certain investors at a purchase price of $18.00 per April Unit pursuant to subscription agreements for an aggregate purchase price of $2,312,500. Charles Allen, the Company’s Chief Executive Officer and Michal Handerhan, the Company’s Chief Operating Officer each purchased 1,111 April Units for $20,000 per executive in the April Private Placement. On May 12, 2015, the Company agreed to convert accrued and unpaid salaries owed to Charles Allen, the Company’s Chief Executive Officer, and Michal Handerhan, the Company’s Chief Operating Officer (collectively the “Employees”) into shares of Common Stock pursuant to conversion agreements (collectively, the “Salary Conversion Agreements”). The Company recorded $25,000 accrued salaries as of March 31, 2015. Charles Allen converted $25,000 of accrued and unpaid salary for the months of March 2015 and April 2015 into 834 shares of Common Stock at a per share price of $30.00. Michal Handerhan converted $25,000 of accrued and unpaid salary for the months of March 2015 and April 2015 into 834 shares of Common Stock at a per share price of $30.00. On February 19, 2016, the Company entered into a securities escrow agreement (the “Securities Escrow Agreement”) with Charles Allen its Chief Executive Officer, Chief Financial Officer and Chairman, and Michal Handerhan, its Chief Operating Officer and corporate secretary (collectively, the “Principal Stockholders”). Pursuant to the Securities Escrow Agreement and for the benefit of the Company’s public shareholders the Principal Stockholders voluntarily agreed to place stock certificates representing 400,000 shares of Common Stock (the “Escrow Shares”) into escrow. The return of 200,000 escrowed shares (the “Listing Escrow Shares”) to the Principal Shareholders shall be based upon the successful listing of the Company’s Common Stock on a National Stock Exchange on or before December 31, 2016 (the “Listing Condition”). The Listing Escrow Shares will be returned to the Company for cancelation for no consideration if the Company fails to achieve the Listing Condition. The return of 200,000 escrowed shares (the “Merger Escrow Shares”) to the Principal Shareholders shall be based upon the successful consummation of the merger with Spondoolies on or before December 31, 2016 (the “Merger Condition”). The Merger Escrow Shares will be returned to the Company for cancelation for no consideration if the Company fails to achieve the Merger Condition. Pursuant to the June 3, 2016 Amendment Agreement (as defined in Note 7 ) the Principal Stockholders each received $86 in connection with their pro-rata portion of the Payment (as defined in Note 7 ). In April 2015, the Principal Stockholders each subscribed for $20,000 in the Subscription Agreement (as defined in Note 7) for an aggregate of $40,000. On January 30, 2017, the Company received 24,000,000 shares of Common Stock for cancelation for no consideration (the “Escrow Shares”). The Escrow Shares were placed in escrow by Charles Allen our Chief Executive Officer, Chief Financial Officer and Chairman, and Michal Handerhan, our Chief Operating Officer and corporate secretary (collectively, the “Principal Stockholders”) pursuant a securities escrow agreement dated February 19, 2016 (the “Securities Escrow Agreement”). Pursuant to the Securities Escrow Agreement and for the benefit of the Company’s public shareholders the Principal Stockholders voluntarily agreed to place stock certificates representing the Escrow Shares into escrow. The Company failed to list the Company’s Common Stock on a national securities exchange on or before December 31, 2016 and failed to consummate the merger with Spondoolies-Tech Ltd. on or before December 31, 2016. The escrow agent returned the shares to the Company for cancelation for no consideration.

Stockholders' Equity

Stockholders' Equity	3 Months Ended	12 Months Ended
	Mar. 31, 2017	Dec. 31, 2016
Equity [Abstract]
Stockholders' Equity	Note 8 - Stockholders’ Equity Reverse Stock Split and Amendment to Certificate of Incorporation On February 13, 2017, the Company filed a Certificate of Amendment to its Articles of Incorporation with the Secretary of State of Nevada to implement a reverse stock split at a ratio of one-for-60. The reverse stock split became effective immediately. On February 15, 2017, the Company’s Common Stock began trading on the OTCQB under the symbol “BTCSD.” On approximately March 15, 2017, the Common Stock resumed trading under the symbol “BTCS.” The Reverse Stock Split reduced the number of outstanding shares of Common Stock from 952,756,004 shares to 15,879,267 shares as of December 31, 2016. All per share amounts and outstanding shares of Common Stock including stock options, restricted stock and warrants, have been retroactively adjusted in these consolidated financial statements for all periods presented to reflect the 1-for-60 Reverse Stock Split. Further, exercise prices of stock options and warrants have been retroactively adjusted in these consolidated financial statements for all periods presented to reflect the 1-for-60 Reverse Stock Split. Numbers of shares of the Company’s preferred stock were not affected by the Reverse Stock Split; however, the conversion ratios have been adjusted to reflect the Reverse Stock Split. 2017 Activities On February 28, 2017, the Company issued 4,370 shares of Common Stock in connection with the 60:1 reverse stock split resulting from the rounding up of fractional shares of Common Stock to the whole shares of Common Stock. On March 9, 2017, as a result of the Note Offer (described in Note 7) becoming effective, a securities exchange offer made to the Company’s January 19, 2015 investors (the “January Offer”) was accepted by certain of those investors (the “January Investors”). Pursuant to the January Offer the January Investors agreed to exchange i) 12,052,344 shares of Common Stock owed pursuant to the favored nations provision of the January 19, 2015 subscription agreement (the “January Agreement”), and ii) 30,130,861 warrants owed pursuant to the favored nations provision of the January Agreement for 210,919 shares of Preferred. On March 9, 2017, as a result of the Note Offer (described in Note 7) becoming effective, a securities exchange offer made to the Company’s April 19, 2015 investors (the “April Offer”) was accepted by certain of those investors (the “April Investors”). Pursuant to the April Offer, the April Investors agreed to exchange i) 20,110,699 shares of Common Stock owed pursuant to the favored nations provision of the April 19, 2015 subscription agreement (the “April Agreement”), and ii) 28,154,980 warrants owed pursuant to the favored nations provision of the April Agreement for 104,391 shares of Preferred. On March 15, 2017, the Company issued investors who participated in its: i) January 19, 2015 financing and rejected the January Offer, and ii) April 19, 2015 financing and rejected the April Offer an aggregate of 14,517,352 share of Common Stock and 112,782,487 warrants. The Common Stock and warrant issuances were made pursuant to the favored nations provision of the January Agreement and April Agreement. On March 15, 2017, the Company filed a Certificate of Designation for the Preferred with the Secretary of State of the State of Nevada. The Preferred Certificate of Designation provides authorization for the issuance of 1,160,941 shares of Preferred, par value $0.001. On March 22, 2017, the Company entered into a Settlement Agreement and Note (the “CSC Agreement”) with CSC Leasing Company (“CSC”) with respect to the equipment lease schedule entered into between CSC and the Company (the “CSC Lease”). Pursuant to the CSC Agreement the Company has agreed to: i) issue CSC 833,333 shares valued at $61,667 of the Company’s Common Stock (the “Shares”), and ii) pay CSC $200,000 (the “Cash Payment”). Between March 15, 2017 and March 31, 2017, the Company issued 4,533,682 shares of Common Stock for the cashless exercise of 7,468,597 warrants. Between March 28, 2017 and March 31, 2017, the Company issued 6,340,000 shares of Common Stock upon the conversion of 31,700 shares of Series B Convertible Preferred stock.	Note 7 – Stockholders’ Equity Reverse Stock Split and Amendment to Certificate of Incorporation On February 13, 2017, the Company filed a Certificate of Amendment to its Articles of Incorporation with the Secretary of State of Nevada to implement a reverse stock split at a ratio of one-for-60. The reverse stock split became effective immediately. On February 15, 2017, the Company’s Common Stock began trading on the OTCQB under the symbol “BTCSD.” On approximately March 15, 2017, the Common Stock resumed trading under the symbol “BTCS.” The Reverse Stock Split reduced the number of outstanding shares of Common Stock from 952,756,004 shares to 15,879,262 shares as of December 31, 2016. All per share amounts and outstanding shares of Common Stock including stock options, restricted stock and warrants, have been retroactively adjusted in these consolidated financial statements for all periods presented to reflect the 1-for-60 Reverse Stock Split. Further, exercise prices of stock options and warrants have been retroactively adjusted in these consolidated financial statements for all periods presented to reflect the 1-for-60 Reverse Stock Split. Numbers of shares of the Company’s preferred stock were not affected by the Reverse Stock Split; however, the conversion ratios have been adjusted to reflect the Reverse Stock Split. 2015 Activities On January 19, 2015 (the “Closing Date”), the Company sold an aggregate of 72,167 Units (“January Units”) in a private placement (the “Private Placement”) of its securities to certain investors (the “Investors”) at a purchase price of $6.0 per Unit pursuant to subscription agreement (the “Subscription Agreements”) for an aggregate purchase price of $433,000. Each Unit in the Private Placement consists of (i) one share of common stock, par value $0.001 per share (the “Common Stock”) and (ii) a warrant to purchase 2.5 shares of Common Stock at an exercise price of $6.0 per share. The January Units are subject to a “Most Favored Nations” provision and the Warrants are subject to price protection in the event of lower priced issuances for a period of twenty-four months from the Closing Date in the event the Company issues Common Stock or securities convertible into or exercisable for shares of Common Stock at a price per share or conversion or exercise price per share which shall be less than $6.0 per share, subject to certain customary exceptions. Additionally, the shares of Common Stock issued as part of the Unit and issuable upon exercise of the Warrants are subject to demand and piggy back registration rights. The Warrant may be exercised on a cashless basis in the event there is no effective registration statement covering the resale of the Common Stock issuable upon exercise of the Warrants. The Warrants may be called for cancelation by the Company if: (i) the price per share exceeds $12.0 for 15 consecutive trading days, and (ii) the average daily dollar trading volume for such 15 consecutive trading days exceeds $50,000 per trading day. Because of the “Most Favored Nations” and call provision discussed above, the net value to shareholders’ equity is 0. The fair value of all components of the January Units was $956,930 ($649,500 attributed to the unit warrants, and $303,100 attributed to the derivative liability component with “Most Favored Nations” Provision), and because this transaction was entered into under duress. Accordingly, the Company recorded an initial charge of $519,600 on issuance of the January Units in accordance with ASC 820-10-30-3A (see Note 9 for assumptions). Charles Allen, the Company’s Chief Executive Officer, and Michal Handerhan, the Company’s Chief Operating Officer each purchased 834 Units in the Private Placement. On January 23, 2015, DM, purchased one hundred Spondoolies S35 Digital Asset mining servers from Spondoolies Tech Ltd. (“Spondoolies”) for $218,500 (the “Purchase Price”) pursuant to a purchase order agreement (the “Purchase Agreement”). $25,000 of the total Purchase Price was paid in the form of 4,167 shares of the Company’s Common Stock. On January 26, 2015, the Company entered into a Share Redemption Agreement and Release (the “Redemption Agreement”) with Charles Kiser, its Executive Vice President pursuant to which Mr. Kiser agreed to return an aggregate of 4,167 shares of the Company’s Common Stock, held by him to the Company for cancellation in consideration for an aggregate payment of $2,500. On February 18, 2015, the Company issued 5,449 and 1,198 shares of Common Stock at a per share price of $15.6, to Sichenzia Ross Friedman Ference LLP (“SRFF”) and Alliance Funds LLC (“AF”), respectively. The shares were issued pursuant to conversion agreements (the “Conversion Agreements”) for an aggregate conversion amount of $103,694 (the “Conversion Amount”). The Conversion Amount was in consideration for settling outstanding legal and investor relation fee balances of $85,000 and $18,694 owed to SRFF and Capital Markets Group an affiliate of AF, respectively. The Common Stock was subject to price protection in the event of lower priced issuances for a period of one year from the Conversion Date in the event the Company issues Common Stock or securities convertible into or exercisable for shares of Common Stock at a price per share or conversion or exercise price per share which shall be less than $15.6 per share, subject to certain customary exceptions. Additionally, the shares of Common Stock issued are subject to demand and piggy back registration rights. On February 20, 2015, DM, purchased used Digital Asset mining servers comprised primarily of Spondoolies hardware for $14,480 (the “Purchase Price”) pursuant to a purchase agreement (the “Purchase Agreement”). The Purchase Price was paid in the form of 928 shares of the Company’s restricted Common Stock at a per share price of $15.6. Additionally, the shares of Common Stock issued are subject to demand and piggy back registration rights. On March 5, 2015, the Company issued of 2,564 shares of Common Stock at a per share price of $15.6, to Chord Advisors, LLC. The shares were issued pursuant to a conversion agreement (the “Conversion Agreement”) for an aggregate conversion amount of $40,000 (the “Conversion Amount”). The Conversion Amount was in consideration for settling a balance of $30,000 and for the prepayment of $10,000 for advisory services for March 2015 and April 2015. The Common Stock was subject to price protection in the event of lower priced issuances for a period of one year from the Conversion Date in the event the Company issues Common Stock or securities convertible into or exercisable for shares of Common Stock at a price per share or conversion or exercise price per share which shall be less than $15.6 per share, subject to certain customary exceptions. Additionally, the shares of Common Stock issued are subject to demand and piggy back registration rights. On March 26, 2015 the Company acquired 166,756 shares (an additional 2% equity ownership) of Coin Outlet from Eric Grill, Coin Outlet’s CEO, for 11,699 shares of the Company’s common stock. The fair value of the common stock was $154,433 on the issuance date. On April 20, 2015 (the “April Closing Date”), the Company sold an aggregate of 128,472 units (each a “April Unit”) in a private placement (the “April Private Placement”) of its securities to certain investors at a purchase price of $18.0 per April Unit pursuant to subscription agreements for an aggregate purchase price of $2,312,500. Each April Unit in the April Private Placement consists of (i) one share of Common Stock and (ii) a warrant to purchase 1.4 shares of Common Stock at an exercise price of $22.5 per share (“April Warrant”). Charles Allen, the Company’s Chief Executive Officer and Michal Handerhan, the Company’s Chief Operating Officer each purchased 1,111 April Units for $20,000 per executive in the April Private Placement. The April Units are subject to a “Most Favored Nations” provision and the April Warrants are subject to price protection in the event of lower priced issuances for a period of twenty-four months from the April Closing Date in the event the Company issues Common Stock or securities convertible into or exercisable for shares of Common Stock at a price per share or conversion or exercise price per share which shall be less than $18.0 per share, subject to certain customary exceptions. Additionally, the shares of Common Stock issued as part of the April Unit and issuable upon exercise of the April Warrants are subject to demand and piggy back registration rights. The April Warrant may be exercised on a cashless basis in the event there is no effective registration statement covering the resale of the Common Stock issuable upon exercise of the April Warrants. The April Warrants may be called for cancelation by the Company if: (i) the price per share exceeds $56.28 for 15 consecutive trading days, and (ii) the average daily dollar trading volume for such 15 consecutive trading days exceeds $200,000 per trading day. Because of the “Most Favored Nations” and call provision discussed above, the net value to shareholders’ equity is 0. The fair value of all components of the April Units was $2,843,811 ($1,878,957 attributed to the unit warrants, and $964,854 attributed to the derivative liability component with “Most Favored Nations” Provision), and because this transaction was entered into under duress, the Company recorded an initial loss of $531,311 on issuance of the April Unit in accordance with ASC 820-10-30-3A (see Note 9 for assumptions). On April 20, 2015, the Company issued an aggregate of 6,979 shares of Common Stock to its advisory board members. Each of the nine members of the advisory board received 775 shares of common stock. The fair value of the Common stock on the issuance date was $102,585. On May 12, 2015, the Company agreed to convert accrued and unpaid salaries owed to Charles Allen, the Company’s Chief Executive Officer, and Michal Handerhan, the Company’s Chief Operating Officer (collectively the “Employees”) into shares of Common Stock pursuant to conversion agreements (collectively, the “Salary Conversion Agreements”). The Company recorded $25,000 accrued salaries as of March 31, 2015. Charles Allen converted $25,000 of accrued and unpaid salary for the months of March 2015 and April 2015 into 833 shares of Common Stock at a per share price of $30.0. Michal Handerhan converted $25,000 of accrued and unpaid salary for the months of March 2015 and April 2015 into 833 shares of Common Stock at a per share price of $30.0. During the quarter ended June 30, 2015, the Company issued a total 2,856 shares of Common Stock at a per share price of $18.6 to certain vendors. The shares were issued pursuant to a conversion agreement for an aggregate conversion amount of $53,230. The conversion amount was in consideration for advisory services. On June 16, 2015, the Company issued 758 shares of Common Stock to a vendor for construction works provided in our North Carolina facility. The fair value of the Common Stock on the issuance date was $9,146, and was capitalized as leasehold improvement. During the quarter ended September 30, 2015, the Company issued 7,950 shares of Common Stock to various independent contractors for services provided at its facility in North Carolina and investor relations services. The weighted average fair value of the common stock on the issuance date was $10.8 per share. On October 14, 2015, the Company issued 2,701 shares of Common Stock to ATG Capital LLC for its cashless warrants exercise. On October 29, 2015, the Company issued 667 shares of Common Stock at a per share price of $18.0 to RK Equity Advisors LLC. The shares were issued pursuant to a conversion agreement for an aggregate conversion amount of $12,000. The conversion amount was in consideration for financial advisory services. The fair value of the Common Stock on the issuance date was $4,400. On November 20, 2015, the Company issued 1,333 shares of Common Stock at a per share price of $18.0 to RK Equity Advisors LLC. The shares were issued pursuant to a conversion agreement for an aggregate conversion amount of $24,000. The conversion amount was in consideration for financial advisory services. The fair value of the Common Stock on the issuance date was $8,800. On December 16, 2015, the Company, entered into a Securities Purchase Agreement (the “Securities Purchase Agreement”) with certain institutional investors (the “Purchasers”), pursuant to which the Company issued to the Purchasers for an aggregate subscription amount of $1,450,000: (i) 5% Original Issue Discount Senior Secured Convertible Notes (the “Notes”); and (ii) warrants (the “Warrants”) to purchase 112,778 shares of the Company’s Common Stock, par value $0.001 per share at an exercise price of $22.50 (subject to adjustments under certain conditions as defined in the Warrants). The aggregate principal amount of the Notes is $1,450,000 and the Company received $1,377,500 after giving effect to the 5% original issue discount. The Notes bear interest at a rate equal to 10% per annum (which interest rate is increased to 24% per annum upon the occurrence of an Event of Default (as defined in the Notes)), have a maturity date of September 16, 2016 and are convertible (principal, and interest) at any time after the issuance date of the Notes into shares of the Company’s Common Stock at a conversion price equal to $18.00 per share, subject to adjustment as set forth in the Notes. The Notes provides for two amortization payments on the six-month and seven-month anniversary of the issue date with each amortization payment being one third of the total outstanding principal and interest, if the amortization payments are made in cash then the payment is an amount equal to 120% of the applicable amortization payment. The Notes become payable within three days of the Company consummating a fully underwritten offering. 2016 Activities On June 3, 2016, the Company and investors from a private placement as of April 20, 2015 (the “Subscription Agreement”) entered into an amendment agreement (the “Amendment Agreement”). Pursuant to the Amendment Agreement, the Company agreed to pay, on a pro-rata basis to all subscribers that purchased Units in the Offering, and in proportion to the respective Units purchased by each subscriber, pursuant to the Subscription Agreement, an aggregate $250,000 (“Payment”) upon the occurrence of the following events and in the amounts and on payment dates set forth in connection with such events: (i) in the event of a closing of any one or more equity or debt financing resulting in aggregate gross proceeds from the date of this Amendment of $350,000 or less, a payment towards the then-remaining Payment equal to ten-percent (10%) of such gross proceeds shall be made within three (3) business days of the closing of any such equity or debt financing; (ii) in the event of a closing of any one or more equity or debt financing resulting in aggregate gross proceeds from the date of this Amendment of $350,000 or more but less than $1,000,000, a payment towards the then-remaining Payment equal to twenty-percent (20%) of such gross proceeds shall be made within three (3) business days of the closing of any such equity or debt financing; (iii) at any of the Company’s fiscal-year-ends payment will be made in the amount of available cash prior to any payments of bonuses payable to Mr. Allen, the Company’s CEO, CFO and Chairman, and Mr. Handerhan, the Company’s COO, Secretary and Director; and (iv) upon closing of any one or more equity or debt financing resulting in aggregate gross proceeds from the date of this Amendment of $1,000,000 or more, a payment of all then-remaining Payment within three (3) business days of the closing of any such equity or debt financing. In consideration for the Payment, the Subscribers agreed to limit any remedies currently due, if any, or to which they may be entitled in the future, under the “Favored Nations Provision” of the Subscription Agreement, to the additional issuance of Common Stock of the Company and warrants (“Warrants”) to purchase Common Stock up to the Common Stock and Warrants that would not result in each respective Subscriber beneficially owning over 4.99% of the Company’s issued and outstanding Common Stock. On June 8, 2016, the Company and an investor (the “Investor”) holding a warrant dated January 19, 2015 (the “Warrant”) to purchase 38,750 shares (the “Warrant Shares”) of the Company’s Common Stock entered into a warrant exercise agreement (the “Exercise Agreement”). Pursuant to the Exercise Agreement, the Company agreed to accept as full payment for 8,333 of the Warrant Shares, an aggregate exercise price equal to $27,500 (the “Exercise Price”) and the Investor irrevocably agreed to exercise the Warrant and deliver the Exercise Price within 2 days of the Exercise Agreement. Over the course of June 8, 2016 through June 28, 2016, the Company issued 68,750 shares of Common Stock for the cash exercise of warrants resulting in aggregate proceeds of $91,765 to the Company; this includes the $27,500 received in connection with the Exercise Agreement mentioned above. Over the course of June 8, 2016 and June 28, 2016, the Company issued a total of 1,039,013 shares of the Company’s Common Stock for: i) the conversion of $890,179 of principal and accrued interest on the Senior Notes, and ii) the cashless exercise of the 2016 Warrants. Over the course of July 1, 2016 through August 1, 2016, the Company issued a total of 12,146,820 shares of the Company’s Common Stock for: i) the conversion of $822,685 of principal and accrued interest on the Senior Notes, and ii) the cashless exercise of warrants. The issuances were exempt from registration pursuant to Rule 506 under Regulation D, the investors are sophisticated and familiar with our operations, and there was no solicitation in connection with the issuances. None of the securities were sold through a broker-dealer and accordingly, there were no placement agent commissions involved. No registration rights were granted to any of the purchasers. Following these issuances, there were 16,095,929 shares of our Common Stock issued and outstanding. As a result of the Senior Note conversions, the Company became obligated to issue, subject to certain limitations, the following additional securities: (i) 108,747,774 shares of Common Stock pursuant to “favored nations” provisions in certain common stockholder subscription agreements which includes those anti-dilution shares of Common Stock previously disclosed; (ii) warrants to purchase 171,349,405 shares of Common Stock pursuant to “favored nations” provisions in certain common stockholder subscription agreements which includes those anti-dilution warrants previously disclosed, and (iii) warrants to purchase 97,423,579 shares of Common Stock pursuant to the terms of the warrants issued on December 16, 2016 which includes those anti-dilution warrants previously disclosed. The Company also lowered the conversion price of the Company’s outstanding Senior Notes and Junior Notes to $0.0252. Stock Purchase Warrants The following is a summary of warrant activity for the year ended December 31, 2016: Number of Warrants Outstanding as of December 31, 2015 486,723 Ratchet warrants issued due to price reset 271,641,648 Cashless warrant exercise (3,270,888 ) Warrants exercise for cash (68,750 ) Outstanding as of December 31, 2016 268,788,733

Property and Equipment

Property and Equipment	12 Months Ended
	Dec. 31, 2016
Property, Plant and Equipment [Abstract]
Property and Equipment	Note 5 – Property and Equipment Property and equipment consist of the following at December 31, 2016 and December 31, 2015: December 31, 2016 December 31, 2015 Equipment $ - $ 109,493 Computer - 3,086 Leasehold improvements - 242,091 Transaction verification servers - 451,281 Total cost - 805,951 Accumulated depreciation and amortization - (316,531 ) Property and equipment, net $ - $ 489,420 Depreciation expense was approximately $177,000 and $298,000 for the years ended 2016 and 2015, respectively. During the year ended 2016, the Company purchased fixed assets of approximately $15,000, sold fixed assets amounting to approximately $89,000, resulting in net loss on sale of fixed assets of $1,531. Due to the financial nature of the Company, the Company impaired all fixed assets and recorded an approximately $236,000 impairment charge in June 2016.

Intangible Assets

Intangible Assets	12 Months Ended
	Dec. 31, 2016
Goodwill and Intangible Assets Disclosure [Abstract]
Intangible Assets	Note 6 – Intangible Assets The Company’s intangible assets with finite lives consist of capitalized website costs. For all periods presented, all of the Company’s identifiable intangible assets were subject to amortization. The net carrying amounts related to acquired intangible assets as of December 31, 2016 are as follows: Net Carrying Amount Weighted average amortization period (years) Website at January 1, 2015, net $ 10,700 2.59 Amortization expenses (4,625 ) Website at December 31, 2015, net $ 6,075 1.59 Amortization expenses (5,156 ) Website at December 31, 2016, net $ 919 0.59 The Company has applied the provision of ASC topic 350-50-50 Intangible - Goodwill and Other/Website Development Costs, in accounting for its costs incurred to purchase its website. Capitalized website costs are being amortized by the straight line method over an estimated useful life of three (3) years. Amortization cost was approximately $5,000 for the years ended December 31, 2016 and 2015.

Investment at Cost

Investment at Cost	12 Months Ended
	Dec. 31, 2016
Schedule of Investments [Abstract]
Investment at Cost	Note 8 - Investment at Cost Coin Outlet On January 19, 2015, the Company entered into a Convertible Note Purchase Agreement (the “Purchase Agreement”) with Coin Outlet, Inc. (“Coin Outlet”) pursuant to which the Company purchased a convertible promissory note in the principal amount of $100,000 (the “Coin Outlet Note”). The Coin Outlet Note accrues interest at 4% per annum and matures on January 31, 2016. The Coin Outlet Note will convert, on or before the maturity date, upon the occurrence of Coin Outlet’s next equity financing (or series of financings) in which Coin Outlet receives gross proceeds of at least $1 million (the “Trigger Financing”). Upon the occurrence of a Trigger Financing, all outstanding principal on the Coin Outlet Note (and, at the Coin Outlet’s option, accrued but unpaid interest thereon), will convert into such Coin Outlet securities sold in the Trigger Financing at a price per share equal to 80% of the per share price of the securities sold in the Trigger Financing (the “Note Conversion Price”). In the event the Note Conversion Price exceeds the quotient of (x) $6 million divided by (y) Coin Outlet’s fully diluted capitalization (as calculated in the Coin Outlet Note) (such quotient, the “Fully Diluted Value”), then the Note Conversion Price shall equal the per share price of the securities sold in the Trigger Financing and Coin Outlet shall issue such additional number of shares of Coin Outlet to the Company such that the average purchase price per share of Coin Outlet common stock (including shares of Coin Outlet common stock issuable upon conversion of the Coin Outlet Note into the Trigger Financing) is equal to the Fully Diluted Value. On March 26, 2015 the Company acquired 166,756 shares (an additional 2% equity ownership) of Coin Outlet Inc. (“Coin Outlet”) from Eric Grill, Coin Outlet’s CEO, for 11,699 shares of the Company’s Common Stock (“Coin Outlet Investment”). The Company now owns approximately 4.2% of Coin Outlet’s equity and has the ability to own up to 11% upon exercise of its previously issued option and warrant. Mr. Grill entered into a lock-up agreement with the Company with respect to his shares, pursuant to the lockup agreement Mr. Grill is prohibited from the sale of any his shares until after February 5, 2017. As of March 31, 2015, the Company assessed the carrying amount of this investment for potential impairment and determined that this investment is not recoverable due to uncertainties regarding the stability of digital currency markets and steady price decline in the US dollar equivalent of Bitcoins throughout 2015. The Bitcoin Price Index was $319.70 and $243.39 as of December 31, 2014 and March 31, 2015, respectively. Total impairment was $254,433 for the Coin Outlet Note and Coin Outlet Investment. The fair value of investment was measured under Level 3 on a non-recurring basis. Spondoolies On May 12, 2015, the Company entered into a Series B Preferred Share Purchase Agreement (the “Share Purchase Agreement”) and the Management Rights Letter (the “Rights Letter”) with Spondoolies a Bitcoin equipment manufacturer, by way of a joinder agreement (the “Joinder Agreement”) pursuant to which the Company purchased 29,092 Series B Preferred Shares of Spondoolies (the “Series B Shares”) for an aggregate purchase price of $1,500,000 (the “Investment”). After giving effect to the Investment, the Company owns approximately 6.6% of Spondoolies’ equity on a fully diluted basis. The Series B Preferred Shares are convertible into Spondoolies’ ordinary shares by dividing the original issuance price of the Series B Preferred Shares ($51.56) by the initial conversion price ($51.56) (the “Conversion Price”). Until Spondoolies consummates a “Qualified IPO” (as defined substantially as an initial firm commitment underwritten public offering of Spondoolies’ ordinary shares with net proceeds to Spondoolies of not less than $40 million), the Series B Preferred shares are subject to anti-dilution protection in the event Spondoolies issues ordinary shares or securities convertible into or exercisable for ordinary shares at a price per share or conversion or exercise price per share which shall be less than Conversion Price then in effect, subject to certain customary exceptions. The Conversion Price is subject to adjustment in the event of stock splits, stock dividends, combination of shares and similar recapitalization transactions. The Series B Shares are also entitled to certain preemptive rights, and a liquidation preference in the event of dissolution of Spondoolies. The Series B Preferred Shares are automatically convertible into ordinary shares of Spondoolies upon the occurrence of a Qualified IPO. In connection with the Company’s purchase of the Series B Preferred Shares, the Company and Spondoolies executed the Rights Letter which provided the Company with certain rights, including inspection rights, and information rights with respect to Spondoolies financial statements, appurtenant to the Investment. On May 12, 2015, the Company and Spondoolies entered into a letter agreement (the “Letter Agreement”) to clarify and expand upon certain terms related to a proposed merger (“Proposed Merger”) contained in the LOI. Under the terms of the Letter Agreement, Spondoolies agreed to provide to the Company: (i) certain exclusivity rights for a period of nine months (the “Term”) with respect to any proposals or offers from, or enter into any agreements with, any third party relating to (a) any investment in, or acquisition of, equity interests of Spondoolies or (b) any possible sale or other disposition of all or any material portion of assets of Spondoolies; (ii) a breakup fee of $50,000 payable by Spondoolies, if the Proposed Merger is not consummated during the Term as a result of certain circumstances; (iii) a breakup fee of $1,000,000 if the Proposed Merger was not consummated because the approval of Spondoolies’ board of directors or shareholders for the Proposed Merger was not obtained and a competing deal is consummated, during the Term; and (iv) Spondoolies agreed to continue to sell its products to the Company for a period of 3 years, if the Proposed Merger was not consummated and Spondoolies continues to design and manufacture ASIC Digital Asset mining hardware. On September 21, 2015, the Company, Spondoolies, and Shareholders of Spondoolies (the “Selling Shareholders”) entered into a Share Purchase Agreement, dated as of September 21, 2015, (the “Agreement”) pursuant to which the Company shall purchase all the shares in Spondoolies (the “Spondoolies Shares”) from the Selling Shareholders so that Spondoolies will be a wholly-owned subsidiary of the Company after the closing of the transactions contemplated by the Agreement (the “Transaction”). In exchange for the Spondoolies Shares, the Selling Shareholders will receive either shares of the Company’s common stock or shares of the Company’s Series A preferred stock, convertible into the Company’s common stock as described below (collectively, the “Company’s Securities”). After the completion of the Transaction, the Company’s shareholders will own a 54.4% to 55.4% stake in the combined company and Spondoolies’ shareholders will own a 44.6% to 45.6% of the combined company, based on the number of the Company’s securities outstanding immediately following the Transaction. The ownership range was a function of the Company’s liquidation preference associated with its existing $1.5 million investment in Spondoolies. The final ownership percentages will be determined prior to closing. In addition to standard closing conditions, the closing of the Transactions will not occur until the Selling Shareholders receive rulings from the Israeli Tax Authority confirming, among other things, that the Selling Shareholders may defer the payment of applicable Israeli taxes with respect to the Company’s securities received by each Selling Shareholder until the Company’s securities are sold by the Selling Shareholder, and the approval of the transaction by the Israeli Office of Chief Scientist. The Company cannot predict the exact timing of the consummation of the merger and can provide no assurances that the merger will be consummated. On December 15, 2015, the Company entered into a Series B Preferred Share Purchase Agreement (the “Spondoolies Share Purchase Agreement”) with Spondoolies, by way of a joinder agreement (the “Joinder Agreement”) pursuant to which the Company purchased 14,546 Series B Preferred Shares of Spondoolies (the “Series B Shares”) for an aggregate purchase price of $750,000 (the “Investment”) or approximately 3% of Spondoolies’ equity on a fully diluted basis. After giving effect to the Investment and the Company’s prior investment of $1,500,000 on May 12, 2015, the Company owns approximately 9.6% of Spondoolies’ equity on a fully diluted basis. The Company had total investment of approximately $2.3 million to Spondoolies as of December 31, 2015. On May 5, 2016, the Company was informed that, on May 4, 2016, a hearing was held in the district court in Beersheva, Israel during which certain parties sought appointment of a temporary liquidator for Spondoolies. As a result of the liquidation the Company is no longer pursuing the acquisition of Spondoolies. The Company assessed impairment for the Spondoolies investment and determined that this investment is not recoverable and as such fully impaired. During the year ended 2016, the Company recorded impairment loss of approximately $2.3 million.

Notes Payable

Notes Payable	3 Months Ended	12 Months Ended
	Mar. 31, 2017	Dec. 31, 2016
Debt Disclosure [Abstract]
Notes Payable	Note 7 - Notes Payable On June 6, 2016, the Company, entered into a Securities Purchase Agreement (the “Securities Purchase Agreement”) with certain institutional investors (the “Purchasers”), pursuant to which the Purchaser subscribed for up to $375,000 of 20% Original Issue Discount Junior Secured Convertible Notes (the “Junior Notes”). The aggregate principal amount of the Junior Notes issued at the initial close is $125,000 and the Company received $100,000 after giving effect to the 20% original issue discount. The lead investor was granted the option to require the Company to sell the Purchasers up to two additional Junior Notes in the principal amount of $125,000 during each of the periods that begin with the Initial Closing Date and end (i) on or before 45 days from the Initial Closing Date, and (ii) on or before 90 days from the Initial Closing Date. The Junior Notes bear no interest except in the event of default which interest rate is 24% per annum upon the occurrence of an Event of Default (as defined in the Junior Notes), have a maturity date of December 5, 2016 and are convertible (principal, and interest) at any time after the issuance date of the Junior Notes into shares of the Company’s Common Stock at a conversion price equal to $18.00 per share. If an Event of Default has occurred, the Junior Note shall be convertible at 60% of the lowest closing price during the prior twenty (20) trading days of the Company’s Common Stock. The Junior Notes were exchanged for Series B Preferred shares and were not outstanding on March 31, 2017. The Junior Notes contain certain covenants, such as restrictions on the incurrence of indebtedness, creation of liens, payment of restricted payments, redemptions, payment of cash dividends and the transfer of assets. The Junior Notes also contain certain adjustment provisions that apply in connection with any stock split, stock dividend, stock combination, recapitalization or similar transactions. In addition, subject to limited exceptions, each Purchaser will not have the right to convert any portion of the Junior Note if such Purchaser, together with its affiliates, would beneficially own in excess of 4.99% of the number of shares of the Company’s Common Stock outstanding immediately after giving effect to its conversion. In connection with the Company’s obligations under the Junior Notes, the Company and its subsidiaries (the “Subsidiaries”) entered into a Security Agreement, Pledge Agreement and Subsidiary Agreement with the lead investor, as agent, pursuant to which the Company and the Subsidiaries granted a lien on all assets of the Company (the “Collateral”) excluding permitted indebtedness, for the benefit of the Purchasers, to secure the Company’s obligations under the Junior Notes. Upon an Event of Default (as defined in the Junior Notes), the Purchaser may, among other things, collect or take possession of the Collateral, proceed with the foreclosure of the security interest in the Collateral or sell, lease or dispose of the Collateral. As a result of the Senior Note conversions, the Company became obligated to issue, subject to certain limitations, the following additional securities: (i) 108,747,790 shares of Common Stock pursuant to “favored nations” provisions in certain common stockholder subscription agreements which includes those anti-dilution shares of Common Stock previously disclosed; (ii) warrants to purchase 171,349,405 shares of Common Stock pursuant to “favored nations” provisions in certain common stockholder subscription agreements which includes those anti-dilution warrants previously disclosed, and (iii) warrants to purchase 97,423,579 shares of Common Stock pursuant to the terms of the warrants issued on December 16, 2016 which includes those anti-dilution warrants previously disclosed. The Company also lowered the conversion price of the Company’s outstanding Senior Notes and Junior Notes to $0.025. On March 9, 2017, the Company completed a securities exchange offer (the “Note Offer”) with its three convertible note holders (the “Note Holders”). Pursuant to the Note Offer the Note Holders agreed to exchange i) $868,897 of 5% Original Issue Discount 10% Senior Convertible Note Due September 16, 2016, originally issued in December 2015 and all accrued interest and liquidated damages owed (collectively the “Senior Notes”), ii) $175,000 of 20% Original Issue Discount Junior Convertible Notes Due December 5, 2016, originally issued in June 2016 and all accrued interest and liquidated damages owed (collectively the “Junior Notes”), iii) $220,002 of 8% Convertible Notes Due June 6, 2017, originally issued in December 2016 and all accrued interest owed (collectively the “Convertible Notes”), and iv) 97,423,579 warrants (the “Senior Warrants”) for 845,631 shares of Series B Convertible Preferred Stock (the “Preferred”). After giving effect to the Note Offer the Company no longer had any Senior Notes, Junior Notes or Convertible Notes outstanding. A gain of $15.9 million was booked for the extinguishment of $90.2 million liabilities associated with convertible notes, warrant liabilities, shortfall shares liabilities and liquidated damages.	Note 9 – Notes Payable On January 19, 2015, Michal Handerhan, the Company’s Chief Operating Officer and an investor loaned the Company $20,000 and $45,000 respectively pursuant to Promissory Notes (the “Notes”). The Notes bear interest at the rate of 2% per annum and mature on December 31, 2015. The Notes may be prepaid, at the option of the Company, without premium or penalty, in whole or in part at any time or from time to time prior to the in maturity. In May 2015, the Company repaid $20,000 to Mr. Handerhan on his Notes. On May 31, 2017 the holder of the $45,000 Promissory Note agreed to waive all rights it was entitled to with respect to the default on the Promissory Note for a onetime payment of $54,000 (the “Payment”) which includes principal and accrued interest since January 19, 2015, provided that the Payment is paid on or before June 30, 2017 (the “Payment Deadline”). If the Payment is not made on or before the Payment Deadline then the default interest rate shall be thirty percent per year. On December 16, 2015, the Company, entered into a Securities Purchase Agreement with certain institutional investors (the “Purchasers”), pursuant to which the Company issued to the Purchasers for an aggregate subscription amount of $1,450,000: (i) 5% Original Issue Discount Senior Secured Convertible Notes (the “Notes”); and (ii) warrants (the “Warrants”) to purchase 112,778 shares of the Company’s common stock, par value $0.001 per share at an exercise price of $22.50 The aggregate principal amount of the Notes is $1,450,000 and the Company received $1,377,500 after giving effect to the 5% original issue discount. The Notes bear interest at a rate equal to 10% per annum (which interest rate is increased to 24% per annum upon the occurrence of an Event of Default (as defined in the Notes)), have a maturity date of September 16, 2016 and are convertible (principal, and interest) at any time after the issuance date of the Notes into shares of the Company’s Common Stock at a conversion price equal to $18.00 per share, subject to adjustment as set forth in the Notes. The Notes provides for two amortization payments on the six-month and seven-month anniversary of the issue date with each amortization payment being one third of the total outstanding principal and interest, if the amortization payments are made in cash then the payment is an amount equal to 120% of the applicable amortization payment. The Notes become payable within three days of the Company consummating a fully underwritten offering. The Notes contain certain covenants, such as restrictions on the incurrence of indebtedness, creation of liens, payment of restricted payments, redemptions, payment of cash dividends and the transfer of assets. The Notes also contain certain adjustment provisions that apply in connection with any stock split, stock dividend, stock combination, recapitalization or similar transactions. In addition, subject to limited exceptions, the Purchaser will not have the right to convert any portion of the Notes if the Purchaser, together with its affiliates, would beneficially own in excess of 4.99% of the number of shares of the Company’s Common Stock outstanding immediately after giving effect to its conversion. The Purchaser may not convert into or otherwise beneficially own in excess of 9.99% of the number of shares of the Company’s Common Stock outstanding immediately after giving effect to its conversion. Due to the complexity and number of embedded features within the convertible note and as permitted under ASC 825, the Company elected to account for the convertible notes and all the embedded features (collectively, the “hybrid instrument”) under the fair value option. ASC 825 requires the entity to record the financial asset or financial liability at fair value rather than at historical cost with changes in fair value recorded in the statement of operations. In addition, it requires that upfront costs and fees related to items for which the fair value option is elected be recognized in earnings as incurred and not deferred. On the initial measurement date of December 16, 2015, the fair value of the hybrid instrument was estimated at $1,777,408. Because this transaction was entered into under duress, the Company recorded an initial loss of $952,060 on issuance of the convertible notes in accordance with ASC 820-10-30-3A. The Company used a Monte Carlo model to separately value the Warrants issued in connection with the convertible notes in order to take into account the possibility of an adjustment to the exercise price associated with new rounds of financing in the future. The most likely exercise price of the Warrants was estimated under various stock price scenarios and the noteholders’ payoffs were computed under each scenario. The present value of the mean of such payoffs represents the value of the warrant on any given valuation date. When the stock price was simulated in the model, the possible scenarios were always between the valuation date stock price and the initial exercise price of $22.50. As a result, the Company estimated the fair value of the warrant liability on the issuance date to be $537,152. On June 6, 2016, the Company, entered into a Securities Purchase Agreement (the “Securities Purchase Agreement”) with certain institutional investors (the “Purchasers”), pursuant to which the Purchaser subscribed for up to $375,000 of a 20% Original Issue Discount Junior Secured Convertible Notes (the “Junior Notes”). The aggregate principal amount of the Junior Notes issued at the initial close is $125,000 and the Company received $100,000 after giving effect to the 20% original issue discount. The lead investor was granted the option to require the Company to sell the Purchasers up to two additional Junior Notes in the principal amount of $125,000 during each of the periods that begin with the Initial Closing Date and end (i) on or before 45 days from the Initial Closing Date, and (ii) on or before 90 days from the Initial Closing Date. The Junior Notes bear no interest except in the event of default which interest rate is 24% per annum upon the occurrence of an Event of Default (as defined in the Junior Notes), have a maturity date of December 5, 2016 and are convertible (principal, and interest) at any time after the issuance date of the Junior Notes into shares of the Company’s Common Stock at a conversion price equal to $18.00 per share. If an Event of Default has occurred, the Junior Note shall be convertible at 60% of the lowest closing price during the prior twenty (20) trading days of the Company’s Common Stock. The Junior Notes contains certain covenants, such as restrictions on the incurrence of indebtedness, creation of liens, payment of restricted payments, redemptions, payment of cash dividends and the transfer of assets. The Junior Notes also contains certain adjustment provisions that apply in connection with any stock split, stock dividend, stock combination, recapitalization or similar transactions. In addition, subject to limited exceptions, each Purchaser will not have the right to convert any portion of the Junior Note if such Purchaser, together with its affiliates, would beneficially own in excess of 4.99% of the number of shares of the Company’s Common Stock outstanding immediately after giving effect to its conversion. In connection with the Company’s obligations under the Junior Notes, the Company and its subsidiaries (the “Subsidiaries”) entered into a Security Agreement, Pledge Agreement and Subsidiary Agreement with the lead investor, as agent, pursuant to which the Company and the Subsidiaries granted a lien on all assets of the Company (the “Collateral”) excluding permitted indebtedness, for the benefit of the Purchasers, to secure the Company’s obligations under the Junior Notes. Upon an Event of Default (as defined in the Junior Notes), the Purchaser may, among other things, collect or take possession of the Collateral, proceed with the foreclosure of the security interest in the Collateral or sell, lease or dispose of the Collateral. As a result of the Senior Note conversions, the Company became obligated to issue, subject to certain limitations, the following additional securities: (i) 108,747,774 shares of Common Stock pursuant to “favored nations” provisions in certain common stockholder subscription agreements which includes those anti-dilution shares of Common Stock previously disclosed; and (ii) warrants to purchase 268,788,732 shares of Common Stock pursuant to “favored nations” provisions in certain common stockholder subscription agreements which includes those anti-dilution warrants previously disclosed. These figures do not reflect additional warrants to purchase Common Stock issuable to certain investors pursuant to the terms of the warrants issued on December 16, 2016 which includes those anti-dilution warrants previously disclosed. The Company also lowered the conversion price of the Company’s outstanding Junior Notes and Senior Notes to $0.0252. As of December 31, 2016, the Company does not have sufficient authorized and unreserved shares to fulfill its obligations with respect to the issuance of new shares of Common Stock. While no assurances can be made, the Company intends to seek shareholder approval to adjust the Company’s capitalization. As of the December 31, 2016 the Company did not have sufficient shares of Common Stock to fulfill its obligations with respect to its Notes and warrants and has booked a derivative liability of $14,915,419 to account for the shortfall. As of December 31, 2016, the Company was in default on its Senior Notes and Junior Notes. On March 9, 2017, the Company completed a securities exchange offer (the “Note Offer”) with its three convertible note holders (the “Note Holders”). Pursuant to the Note Offer the Note Holders agreed to exchange i) $868,897 of 5% Original Issue Discount 10% Senior Convertible Note Due September 16, 2016, originally issued in December 2015 and all accrued interest and liquidated damages owed (collectively the “Senior Notes”), ii) $175,000 of 20% Original Issue Discount Junior Convertible Notes Due December 5, 2016, originally issued in June 2016 and all accrued interest and liquidated damages owed (collectively the “Junior Notes”), iii) $220,002 of 8% Convertible Notes Due June 6, 2017, originally issued in December 2016 and all accrued interest owed (collectively the “Convertible Notes”), and iv) 97,423,579 warrants (the “Senior Warrants”) for 845,631 shares of Series B Convertible Preferred Stock (the “Preferred”). After giving effect to the Note Offer the Company no longer has any Senior Notes, Junior Notes or Convertible Notes outstanding.

Stock Based Compensation

Stock Based Compensation	12 Months Ended
	Dec. 31, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Stock Based Compensation	Note 11 – Stock Based Compensation 2014 Equity Incentive Plan On January 30, 2014, the Board of Directors of the Company approved and authorized the adoption of the 2014 Equity Incentive Plan (the “2014 Plan”). The purpose of the 2014 Plan is to promote the success of the Company and to increase stockholder value by providing an additional means through the grant of awards to attract, motivate, retain and reward selected employees and other eligible persons. The 2014 Plan provides for the grant of incentive stock options, nonqualified stock options, restricted stock, restricted stock units, stock appreciation rights and other types of stock-based awards to the Company’s employees, officers, directors and consultants. Pursuant to the terms of the 2014 Plan, either the Board or a board committee is authorized to administer the plan, including determining which eligible participants will receive awards, the number of shares of common stock subject to the awards and the terms and conditions of such awards. Unless earlier terminated by the Board, the Plan shall terminate at the close of business on January 30, 2024. Up to 258,395 shares of common stock are issuable pursuant to awards under the 2014 Plan. Compensation expense for all stock-based awards is measured on the grant date based on the fair value of the award and is recognized as an expense, on a straight-line basis, over the employee’s requisite service period (generally the vesting period of the equity award). The fair value of each option award is estimated on the grant date using a Black-Scholes option valuation model. Stock-based compensation expense is recognized only for those awards that are expected to vest using an estimated forfeiture rate. The Company estimates pre-vesting option forfeitures at the time of grant and reflects the impact of estimated pre-vesting option forfeitures in compensation expense recognized. For options and warrants issued to non-employees, the Company recognizes stock compensation costs utilizing the fair value methodology over the related period of benefit. The cancellation and reissuance of these stock options was treated as a modification and, accordingly, total stock-based compensation expense related to these awards increased $6,349,113, which will be recognized over the new vesting period. Stock Option Activity On July 2, 2015, the Company entered into Option Cancellation and Release Agreements with each of Charles Allen, its Chief Executive Officer, Chief Financial Officer and Chairman, and Michal Handerhan, its Chief Operating Officer and corporate secretary (collectively, the “Company Option Holders”) pursuant to which the Company Option Holders agreed to return options to purchase up to 207,500 shares in the aggregate of the Company’s Common Stock, par value $0.001 per share, with an exercise price of $6.00. The Company Option Holders canceled their options without replacement, and the amortization of the unrecognized stock compensation expenses were accelerated on July 2, 2015 for a total $3,629,804. Total stock-based compensation expense was approximately $0 and $6.4 million for the years ended December 31, 2016 and 2015, respectively. There are no stock options outstanding as of December 31, 2016. Number of Options Weighted Average Exercise Price Weighted Average Grant Date Fair Value per Share Average Remaining Contractual Life Average Intrinsic Value Outstanding at January 1, 2015 207,500 $ 6.00 $ 0.60 8.0 $ - Canceled (207,500 ) 6.00 0.60 - - Outstanding as of December 31, 2015 - - - - - Outstanding as of December 31, 2016 - - - - -

Employment Agreements

Employment Agreements	12 Months Ended
	Dec. 31, 2016
Retirement Benefits [Abstract]
Employment Agreements	Note 12 - Employment Agreements Charles W. Allen On July 2, 2015, we entered into an Option Cancellation and Release Agreement with Charles Allen pursuant to which Mr. Allen voluntarily agreed to return to us for cancellation, an eight year non-qualified stock option under the Company’s 2014 Plan to purchase up to an aggregate of 158,334 shares of the Company’s common stock with a per share exercise price of $6.00, held by him. On June 22, 2017, we entered into an employment agreement with Charles Allen (the “Allen Employment Agreement”), whereby Mr. Allen agreed to serve as our Chief Executive Officer and Chief Financial Officer for a period of two (2) years, subject to renewal, in consideration for an annual salary of $245,000. Additionally, under the terms of the Allen Employment Agreement, Mr. Allen shall be eligible for an annual bonus if we meet certain criteria, as established by the Board of Directors. Mr. Allen shall be entitled to participate in all benefits plans we provide to our senior executive. We shall reimburse Mr. Allen for all reasonable expenses incurred in the course of his employment. The Company shall pay the Executive $500 per month to cover telephone and internet expenses. If the Company does not provide office space to the Executive the Company will pay the Executive an additional $500 per month to cover expenses in connection with their office space needs. Michal Handerhan On July 2, 2015, we entered into an Option Cancellation and Release Agreement with Michal Handerhan pursuant to which Mr. Handerhan voluntarily agreed to return to us for cancellation, an eight year non-qualified stock option under the 2014 Plan to purchase up to an aggregate of 49,167 shares of the Company’s common stock with a per share exercise price of $6.00, held by him. On June 22, 2017, we entered into an employment agreement with Michal Handerhan (the “Handerhan Employment Agreement”), whereby Mr. Handerhan agreed to serve as our Chief Operating Officer and Secretary for a period of two (2) years, subject to renewal, in consideration for an annual salary of $190,000. Additionally, under the terms of the Handerhan Employment Agreement, Mr. Handerhan shall be eligible for an annual bonus if we meet certain criteria, as established by the Board of Directors. Mr. Handerhan shall be entitled to participate in all benefits plans we provide to our senior executive. We shall reimburse Mr. Handerhan for all reasonable expenses incurred in the course of his employment. The Company shall pay the Executive $500 per month to cover telephone and internet expenses. If the Company does not provide office space to the Executive the Company will pay the Executive an additional $500 per month to cover expenses in connection with their office space needs. The terms of the Allen Employment Agreement and Handerhan Employment Agreement (collectively the “Employment Agreements”) provide each of Messrs. Allen and Handerhan (the “Executives”) certain, severance and change of control benefits if the Executive resigns from the Company for good reason or the Company terminates him other than for cause. In such circumstances, the Executive would be entitled to a lump sum payment equal to (i) the Executive’s then-current base salary, and (ii) payment on a pro-rated basis of any bonus or other payments earned in connection with any bonus plan to which the Executive was a participant. In addition, the severance benefit for the Executives the employment agreements include the Company continuing to pay for medical and life insurance coverage for up to one year following termination. If, within eighteen months following a change of control (as defined below), the Executive’s employment is terminated by the Company without cause or he resigns from the Company for good reason, the Executive will receive certain severance compensation. In such circumstances, the cash benefit to the Executive will be a lump sum payment equal to two times (i) his then-current base salary and (ii) his prior year cash bonus and incentive compensation. Upon the occurrence of a change of control, irrespective of whether his employment with the Company terminates, each Executive’s stock options and equity-based awards will immediately vest. A “change of control” for purposes of the Employment Agreements means any of the following: (i) the sale or partial sale of the Company to an un-affiliated person or entity or group of un-affiliated persons or entities pursuant to which such party or parties acquire shares of capital stock of the Company representing at least twenty five (25%) of the fully diluted capital stock (including warrants, convertible notes, and preferred stock on an as converted basis) of the Company; (ii) the sale of the Company to an un-affiliated person or entity or group of such persons or entities pursuant to which such party or parties acquire all or substantially all of the Company’s assets determined on a consolidated basis, or (iii) Incumbent Directors (Mr. Allen and Mr. Handerhan) cease for any reason, including, without limitation, as a result of a tender offer, proxy contest, merger or similar transaction, to constitute at least a majority of the board of directors of the Company. Additionally, pursuant to the terms of the Employment Agreements, we have agreed to execute and deliver in favor of the Executives an indemnification agreement and to maintain directors’ and officers’ insurance with terms and in the amounts commensurate with our senior executive.

Commitments and Contingencies

Commitments and Contingencies	12 Months Ended
	Dec. 31, 2016
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Note 14 – Commitments and Contingencies On May 28, 2015 the Company entered an operating sub-lease agreement ending on May 31, 2016 for its headquarters in Arlington, Virginia. Prepaid expenses include $12,000 of fixed minimum lease payment that was prepaid through May 31, 2016. The sub-lease was subsequently extended on a month-to-month basis for $500 per month from June 1, 2016 through December 31, 2016. After December 31, 2016 the Company was not party to any lease agreements for corporate office space and its employees have been working virtually. The Company is paying each of Mr. Allen and Mr. Handerhan $500 per month to cover out of pocket expenses associated with phone, internet and office space.

North Carolina Facility

North Carolina Facility	12 Months Ended
	Dec. 31, 2016
North Carolina Facility
North Carolina Facility	Note 15 - North Carolina Facility On January 28, 2015, DM entered into a commercial lease agreement (the “Lease”). The term of the Lease commenced on January 28, 2015 and ends on January 25, 2017. The annual rental fee for the first and second year will be $58,271 and $66,750, respectively. The Company also has the option to purchase the property during the second year of the Lease term for a purchase price of $775,000 less the $10,000 security deposit and all lease payments. On July 20, 2016, DM suspended its North Carolina transaction verification services facility operations. The recent reduction in the block reward from 25 bitcoins to 12.5 bitcoins, often referred to as the halving, coupled with the facilities cooling system failing, has resulted in DM being unable to meet certain of its financial commitments. The Company has subsequently ceased operations at DM. On August 8, 2016, DM discovered that its facility in North Carolina was broken into and certain of its equipment and approximately 165 Bitmain transaction verification servers leased from CSC were stolen. The value of the stolen equipment owned by the Company does not appear to be material. The Company reported the theft to local authorities as well its insurance company regarding next steps. The Company received payment from the insurance company in the amount of approximately $85,000 and has assigned the payment to the benefit of CSC as part of the settlement agreement with CSC the Company’s equipment finance provider which owned the stolen serves. On September 1, 2016, DM gave cancelation notice to the landlord with respect to the Lease of its North Carolina facility.

Income Taxes

Income Taxes	12 Months Ended
	Dec. 31, 2016
Income Tax Disclosure [Abstract]
Income Taxes	Note 16 – Income Taxes The Company had no income tax expense due to operating loss incurred for the years ended December 31, 2016 and 2015. The tax effects of temporary differences and tax loss and credit carry forwards that give rise to significant portions of deferred tax assets and liabilities at December 31, 2016 and 2015 are comprised of the following: As of December 31, 2016 2015 Deferred tax assets: Net-operating loss carryforward $ 3,116,646 $ 1,177,872 Stock-based compensation - 7,695,805 Other 1,478 316,736 Total Deferred Tax Assets 3,118,124 9,190,413 Valuation allowance (3,118,124 ) (9,190,413 ) Deferred Tax Asset, Net of Allowance $ - $ - For the years ended December 31, 2016 2015 Federal Current $ - $ - Deferred - 3,066,159 State Current - - Deferred 3,118,124 491,036 Valuation allowance (3,118,124 ) (3,557,196 ) Income tax provision $ - $ - At December 31, 2016, the Company had net operating loss carry forwards for federal and state tax purposes of approximately $7.9 million which expires in 2036. Prior to the merger, the Company had generated net operating losses, which the Company’s preliminary analysis indicates would be subject to significant limitations pursuant to Internal Revenue Code Section 382. The Company has not completed its IRC Section 382 Valuation, as required and the NOL’s because of potential Change of Ownerships might be completely worthless. Therefore, Management of the Company has recorded a Full Valuation Reserve, since it is more likely than not that no benefit will be realized for the Deferred Tax Assets. In assessing the realization of deferred tax assets, management considers whether it is more likely than not that some portion or all of the deferred tax assets will be realized. The ultimate realization of deferred tax assets is dependent upon the generation of future taxable income during the period in which those temporary differences become deductible. Management considers the scheduled reversal of deferred tax liabilities, projected future taxable income and taxing strategies in making this assessment. In case the deferred tax assets will not be realized in future periods, the Company has provided a valuation allowance for the full amount of the deferred tax assets at December 31, 2016. The valuation allowance decreased by approximately $6.1 million as of December 31, 2016. The expected tax expense (benefit) based on the U.S. federal statutory rate is reconciled with actual tax expense (benefit) as follows: For the years ended December 31, 2016 2015 Statutory Federal Income Tax Rate (34.0 )% (34.0 )% State Taxes, Net of Federal Tax Benefit (5.4 )% (5.4 )% Other 4.2 % Change in Valuation Allowance 39.4 % 35.2 % Income Taxes Provision (Benefit) - % - % The Company has not identified any uncertain tax positions requiring a reserve as of December 31, 2016.

Subsequent Events

Subsequent Events	3 Months Ended	12 Months Ended
	Mar. 31, 2017	Dec. 31, 2016
Subsequent Events [Abstract]
Subsequent Events	Note 9 - Subsequent Events Between April 1, 2017 and July 28, 2017, the Company issued 20,099,018 shares of Common Stock for the cashless exercise of 30,486,990 warrants. Between April 1, 2017 and August 9, 2017, the Company issued 31,862,600 shares of Common Stock upon the conversion of 159,313 shares of Series B Convertible Preferred stock. On April 26, 2017, the Company entered into a Settlement Agreement with RK Equity Advisors, LLC, and Pickwick Capital Partners, LLC (collectively “RKPCP”) pursuant to which the Company terminated the engagement letter with RKPCP including all provisions and any obligations to pay future fees. As consideration for the termination the Company issued Pickwick Capital Partners, LLC 125,000 shares of Common Stock. On May 25, 2017 the Company raised $1 million in cash from four institutional investors in exchange for the issuance of $1,111,111 of a new class of Series C Convertible Preferred Stock (“Series C”) and three types of warrants as described below. The 79,368 Series C shares are initially convertible into 15,873,600 shares of Common Stock. The Series C is convertible at $0.70 per share or approximately $0.063 per share after giving effect to the additional $111,111, subject to reduction in the event of future sales of equity securities and Common Stock equivalents (with customary exemptions) at a lower price. The Company is subject to a number of customary covenants and a restriction on the incurrence of indebtedness for one year. Within 120 days, the Company has agreed to file a registration statement covering the Common Stock issuable upon exercise of the registrable securities described below. The registration statement will cover 47,302,176 shares of common underlying the Series A Warrants, Additional Warrants, and Bonus Warrants, which warrants are described below: 15,873,600 Series A Warrants exercisable at $0.085 per share, subject to adjustment, over a five-year period; 15,714,288 Additional Warrants exercisable at $0.085 per share, subject to adjustment, over a period which is the earlier of (i) one-year after the effective date of a registration statement covering the warrant shares, or (ii) three years from the date of issuance. The Additional Warrants are callable by the Company for nominal consideration if the Common Stock trades above $0.17 per share and the daily volume is more than $50,000 for at least 20 trading days; 15,714,288 Bonus Warrants exercisable at $0.17 per share, over a three-year period. The Bonus Warrants are also callable for nominal consideration but the threshold price is more than $0.30 per share. On May 31, 2017 the holder of the $45,000 Promissory Note agreed to waive all rights they’re entitled to with respect to the default on the Promissory Note for a onetime payment of $54,000 (the “Payment”) which includes principal and accrued interest since January 19, 2015, provided that the Payment is paid on or before June 30, 2017 (the “Payment Deadline”). If the Payment is not made on or before the Payment Deadline then the default interest rate shall be thirty percent per year. The Payment was made prior to the Payment Deadline.	Note 17 - Subsequent Events The Company evaluates events that have occurred after the balance sheet date but before the consolidated financial statements are issued. Based upon the evaluation, the Company did not identify any recognized or non-recognized subsequent events that would have required adjustment or disclosure in the consolidated financial statements other than disclosed. On February 28, 2017, the Company issued 4,370 shares of Common Stock in connection with the 60:1 reverse stock split resulting from the rounding up of fractional shares of Common Stock to the whole shares of Common Stock. On March 9, 2017, the Company completed a securities exchange offer (the “Note Offer”) with its three convertible note holders (the “Note Holders”). Pursuant to the Note Offer the Note Holders agreed to exchange i) $868,897 of 5% Original Issue Discount 10% Senior Convertible Note Due September 16, 2016, originally issued in December 2015 and all accrued interest and liquidated damages owed (collectively the “Senior Notes”), ii) $175,000 of 20% Original Issue Discount Junior Convertible Notes Due December 5, 2016, originally issued in June 2016 and all accrued interest and liquidated damages owed (collectively the “Junior Notes”), iii) $220,002 of 8% Convertible Notes Due June 6, 2017, originally issued in December 2016 and all accrued interest owed (collectively the “Convertible Notes”), and iv) 97,423,579 warrants (the “Senior Warrants”) for 845,631 shares of Series B Convertible Preferred Stock (the “Preferred”). On March 9, 2017, as a result of the Note Offer becoming effective, a securities exchange offer made to the Company’s January 19, 2015 investors (the “January Offer”) was accepted by certain of those investors (the “January Investors”). Pursuant to the January Offer the January Investors agreed to exchange i) 12,052,344 shares of common stock owed pursuant to the favored nations provision of the January 19, 2015 subscription agreement (the “January Agreement”), and ii) 30,130,861 warrants owed pursuant to the favored nations provision of the January Agreement for 210,919 shares of Preferred. On March 9, 2017, as a result of the Note Offer becoming effective, a securities exchange offer made to the Company’s April 19, 2015 investors (the “April Offer”) was accepted by certain of those investors (the “April Investors”). Pursuant to the April Offer, the April Investors agreed to exchange i) 20,110,699 shares of Common Stock owed pursuant to the favored nations provision of the April 19, 2015 subscription agreement (the “April Agreement”), and ii) 28,154,980 warrants owed pursuant to the favored nations provision of the April Agreement for 52,311 shares of Preferred. On March 15, 2017, the Company filed a Certificate of Designation for the Preferred with the Secretary of State of the State of Nevada. The Preferred Certificate of Designation provides authorization for the issuance of 1,108,861 shares of Preferred, par value $0.001. On March 22, 2017, the Company entered into a Settlement Agreement and Note (the “CSC Agreement”) with CSC Leasing Company (“CSC”) with respect to the equipment lease schedule entered into between CSC and the Company (the “CSC Lease”). Pursuant to the CSC Agreement the Company has agreed to: i) issue CSC 833,333 shares of the Company’s common stock (the “Shares”), and ii) pay CSC $200,000 (the “Cash Payment”). Between March 15, 2017 and June 5, 2017, the Company issued 24,628,136 shares of Common Stock for the cashless exercise of 37,948,307 warrants. Between March 28, 2017 and June 8, 2017, the Company issued 32,402,600 shares of Common Stock upon the conversion of 162,013 shares of Series B Convertible Preferred stock. On April 26, 2017, the Company entered into a Settlement Agreement with RK Equity Advisors, LLC, and Pickwick Capital Partners, LLC (collectively “RKPCP”) pursuant to which the Company terminated the engagement letter with RKPCP including all provisions and any obligations to pay future fees. As consideration for the termination the Company issued Pickwick Capital Partners, LLC 125,000 shares of Common Stock. On May 25, 2017 the Company raised $1 million in cash from four institutional investors in exchange for the issuance of $1,111,111 of a new class of Series C Convertible Preferred Stock (“Series C”) and three types of warrants as described below. The 79,368 Series C shares are initially convertible into 15,873,600 shares of common stock. The Series C is convertible at $0.7 per share or approximately $0.063 per share after giving effect to the additional $111,111, subject to reduction in the event of future sales of equity securities and common stock equivalents (with customary exemptions) at a lower price. The Company is subject to a number of customary covenants and a restriction on the incurrence of indebtedness for one year. Within 120 days, the Company has agreed to file a registration statement covering the common stock issuable upon exercise of the registrable securities described below. The registration statement will cover 47,302,176 shares of common underlying the Series A Warrants, Additional Warrants, and Bonus Warrants, which warrants are described below: 15,873,600 Series A Warrants exercisable at $0.085 per share, subject to adjustment, over a five-year period; 15,714,288 Additional Warrants exercisable at $0.085 per share, subject to adjustment, over a period which is the earlier of (i) one-year after the effective date of a registration statement covering the warrant shares, or (ii) three years from the date of issuance. The Additional Warrants are callable by the Company for nominal consideration if the common stock trades above $0.17 per share and the daily volume is more than $50,000 for at least 20 trading days; 15,714,288 Bonus Warrants exercisable at $0.17 per share, over a three-year period. The Bonus Warrants are also callable for nominal consideration but the threshold price is more than $0.30 per share. On May 31, 2017 the holder of the $45,000 Promissory Note agreed to waive all rights they’re entitled to with respect to the default on the Promissory Note for a onetime payment of $54,000 (the “Payment”) which includes principal and accrued interest since January 19, 2015, provided that the Payment is paid on or before June 30, 2017 (the “Payment Deadline”). If the Payment is not made on or before the Payment Deadline then the default interest rate shall be thirty percent per year.

Summary of Significant Accoun25

Summary of Significant Accounting Policies (Policies)	3 Months Ended	12 Months Ended
	Mar. 31, 2017	Dec. 31, 2016
Accounting Policies [Abstract]
Concentration of Cash	Concentration of Cash The Company maintains cash balances at two financial institutions in checking accounts and money market accounts. The Company considers all highly liquid investments with original maturities of three months or less when purchased to be cash and cash equivalents. As of March 31, 2017 and December 31, 2016, the Company had $4,000 and 95,000 in cash and cash equivalents. The Company has not experienced any losses in such accounts and believes it is not exposed to any significant credit risk on cash.	Concentration of Cash The Company maintains cash balances at two financial institutions in checking accounts and money market accounts. The Company considers all highly liquid investments with original maturities of three months or less when purchased to be cash and cash equivalents. As of December 31, 2016 and 2015, the Company had $95,000 and 125,000 in cash and cash equivalents. The Company has not experienced any losses in such accounts and believes it is not exposed to any significant credit risk on cash.
Derivative Instruments	Derivative Instruments We account for free-standing derivative instruments and hybrid instruments that contain embedded derivative features in accordance with ASC Topic 815, Accounting for Derivative Instruments and Hedging Activities, or ASC 815, as well as related interpretations of this topic. In accordance with this topic, derivative instruments and hybrid instruments are recognized as either assets or liabilities in the balance sheet and are measured at fair values with gains or losses recognized in earnings. Embedded derivatives that are not clearly and closely related to the host contract are bifurcated and are recognized at fair value with changes in fair value recognized as either a gain or loss in earnings. We determine the fair value of derivative instruments and hybrid instruments based on available market data using appropriate valuation models, giving consideration to all of the rights and obligations of each instrument. The Company used a Monte Carlo model to separately value the Warrants issued in connection with the convertible notes in order to take into account the possibility of an adjustment to the exercise price associated with new rounds of financing in the future.	Derivative Instruments We account for free-standing derivative instruments and hybrid instruments that contain embedded derivative features in accordance with ASC Topic 815, Accounting for Derivative Instruments and Hedging Activities, or ASC 815, as well as related interpretations of this topic. In accordance with this topic, derivative instruments and hybrid instruments are recognized as either assets or liabilities in the balance sheet and are measured at fair values with gains or losses recognized in earnings. Embedded derivatives that are not clearly and closely related to the host contract are bifurcated and are recognized at fair value with changes in fair value recognized as either a gain or loss in earnings. We determine the fair value of derivative instruments and hybrid instruments based on available market data using appropriate valuation models, giving consideration to all of the rights and obligations of each instrument. The Company used a Monte Carlo model to separately value the Warrants issued in connection with the convertible notes in order to take into account the possibility of an adjustment to the exercise price associated with new rounds of financing in the future.
Use of Estimates	Use of Estimates The accompanying condensed consolidated financial statements have been prepared in conformity with accounting principles generally accepted in the United States of America (“US GAAP”). This requires management to make estimates and assumptions that affect certain reported amounts of assets and liabilities and disclosures of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenue and expenses during the period. The Company’s significant estimates and assumptions include the recoverability and useful lives of long-lived assets, stock-based compensation, the valuation of derivative liabilities, and the valuation allowance related to the Company’s deferred tax assets. Certain of the Company’s estimates, including the carrying amount of the intangible assets, could be affected by external conditions, including those unique to the Company and general economic conditions. It is reasonably possible that these external factors could have an effect on the Company’s estimates and could cause actual results to differ from those estimates and assumptions.	Use of Estimates In preparing financial statements in conformity with U.S. GAAP, management is required to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements, as well as the reported amounts of expenses during the reporting period. Due to inherent uncertainty involved in making estimates, actual results reported in future periods may be affected by changes in these estimates. On an ongoing basis, the Company evaluates its estimates and assumptions. These estimates and assumptions include valuing equity securities in share-based payment arrangements, estimating the provision for income taxes, estimating the fair value of equity instruments recorded as derivative liabilities, useful lives of depreciable assets and whether impairment charges may apply.
Net Loss Per Share	Net Loss per Share Basic loss per share is computed by dividing the net income or loss applicable to common shares by the weighted average number of common shares outstanding during the period. Net income (loss) attributable to common stockholders includes the effect of the deemed capital contribution on extinguishment of preferred stock and the deemed dividend related to the immediate accretion of beneficial conversion feature of convertible preferred stock. Diluted earnings per share is computed using the weighted average number of common shares and, if dilutive, potential common shares outstanding during the period. Potential common shares consist of the incremental common shares issuable upon the exercise of stock options (using the treasury stock method) and the conversion of the Company’s convertible preferred stock and warrants (using the if-converted method). Diluted loss per share excludes the shares issuable upon the conversion of preferred stock and the exercise of stock options and warrants from the calculation of net loss per share if their effect would be anti-dilutive. The following financial instruments were not included in the diluted loss per share calculation as of March 31, 2017 and 2016 because their effect was anti-dilutive: As of March 31, 2017 2016 Warrants to purchase Common Stock 105,610,725 29,203,352 Convertible notes - 4,833,333 Series B Preferred Stock 225,848,200 - Total 331,458,925 34,036,685	Net Loss per Share Basic loss per share is computed by dividing the net income or loss applicable to common shares by the weighted average number of common shares outstanding during the period. Net income (loss) attributable to common stockholders includes the effect of the deemed capital contribution on extinguishment of preferred stock and the deemed dividend related to the immediate accretion of beneficial conversion feature of convertible preferred stock. Diluted earnings per share is computed using the weighted average number of common shares and, if dilutive, potential common shares outstanding during the period. Potential common shares consist of the incremental common shares issuable upon the exercise of stock options (using the treasury stock method) and the conversion of the Company’s convertible preferred stock and warrants (using the if-converted method). Diluted loss per share excludes the shares issuable upon the conversion of preferred stock and the exercise of stock options and warrants from the calculation of net loss per share if their effect would be anti-dilutive. The following financial instruments were not included in the diluted loss per share calculation as of December 31, 2016 and 2015 because their effect was anti-dilutive: As of December 31, 2016 2015 Warrants to purchase common stock 268,788,732 486,723 Convertible notes 50,198,041 80,555 Favored Nations 108,747,774 - Total 427,734,547 567,278
Recent Accounting Pronouncements	Recent Accounting Pronouncements In May 2014, the FASB issued ASU No. 2014-09, Revenue from Contracts with Customers, an updated standard on revenue recognition. ASU No. 2014-09 provides enhancements to the quality and consistency of how revenue is reported by companies while also improving comparability in the financial statements of companies reporting using International Financial Reporting Standards or U.S. GAAP. The main purpose of the new standard is for companies to recognize revenue to depict the transfer of goods or services to customers in amounts that reflect the consideration to which a company expects to be entitled in exchange for those goods or services. The new standard also will result in enhanced disclosures about revenue, provide guidance for transactions that were not previously addressed comprehensively and improve guidance for multiple-element arrangements. In July 2015, the FASB voted to approve a one-year deferral of the effective date of ASU No. 2014-09, which will be effective for the Company in the first quarter of fiscal year 2018 and may be applied on a full retrospective or modified retrospective approach. The Company is evaluating the impact of implementation and transition approach of this standard on its consolidated financial statements. In January 2016, FASB issued ASU No. 2016-01, Recognition and Measurement of Financial Assets and Financial Liabilities. ASU No. 2016-01 requires equity investments to be measured at fair value with changes in fair value recognized in net income; simplifies the impairment assessment of equity investments without readily determinable fair values by requiring a qualitative assessment to identify impairment; eliminates the requirement for public business entities to disclose the method(s) and significant assumptions used to estimate the fair value that is required to be disclosed for financial instruments measured at amortized cost on the balance sheet; requires public business entities to use the exit price notion when measuring the fair value of financial instruments for disclosure purposes; requires an entity to present separately in other comprehensive income the portion of the total change in the fair value of a liability resulting from a change in the instrument-specific credit risk when the entity has elected to measure the liability at fair value in accordance with the fair value option for financial instruments; requires separate presentation of financial assets and financial liabilities by measurement category and form of financial assets on the balance sheet or the accompanying notes to the financial statements and clarifies that an entity should evaluate the need for a valuation allowance on a deferred tax asset related to available-for-sale securities in combination with the entity’s other deferred tax assets. ASU No. 2016-01 is effective for financial statements issued for fiscal years beginning after December 15, 2017, and interim periods within those fiscal years. The Company is currently evaluating the impact that ASU No. 2016-01 will have on its consolidated financial statements and related disclosures. In February 2016, the FASB issued ASU No. 2016-02, Leases (Topic 842), which supersedes FASB ASC Topic 840, Leases (Topic 840) and provides principles for the recognition, measurement, presentation and disclosure of leases for both lessees and lessors. The new standard requires lessees to apply a dual approach, classifying leases as either finance or operating leases based on the principle of whether or not the lease is effectively a financed purchase by the lessee. This classification will determine whether lease expense is recognized based on an effective interest method or on a straight-line basis over the term of the lease, respectively. A lessee is also required to record a right-of-use asset and a lease liability for all leases with a term of greater than twelve months regardless of classification. Leases with a term of twelve months or less will be accounted for similar to existing guidance for operating leases. The standard is effective for annual and interim periods beginning after December 15, 2018, with early adoption permitted upon issuance. The adoption of this standard is not expected to have a material impact on the Company’s consolidated financial position and results of operations. In March 2016, the FASB issued ASU 2016-08, Revenue from Contracts with Customers (Topic 606): Principal versus Agent Considerations (“ASU 2016-08”). The purpose of ASU 2016-08 is to clarify the implementation of guidance on principal versus agent considerations. The amendments in ASU 2016-08 are effective for interim and annual reporting periods beginning after December 15, 2017. The Company is currently assessing the impact of ASU 2016-08 on the consolidated financial statements and related disclosures. In June 2016, the FASB issued ASU No. 2016-13, Financial Instruments - Credit Losses: Measurement of Credit Losses on Financial Instruments (“ASU 2016-13”). ASU 2016-13 requires that expected credit losses relating to financial assets measured on an amortized cost basis and available-for-sale debt securities be recorded through an allowance for credit losses. ASU 2016-13 limits the amount of credit losses to be recognized for available-for-sale debt securities to the amount by which carrying value exceeds fair value and also requires the reversal of previously recognized credit losses if fair value increases. The new standard will be effective on January 1, 2020. Early adoption will be available on January 1, 2019. The Company is currently evaluating the effect that the updated standard will have on its consolidated financial statements and related disclosures. In August 2016, the FASB issued ASU No. 2016-15, Statement of Cash Flows - Classification of Certain Cash Receipts and Cash Payments, which addresses eight specific cash flow issues with the objective of reducing the existing diversity in practice in how certain cash receipts and cash payments are presented and classified in the statement of cash flows. The standard is effective for fiscal years beginning after December 15, 2017, including interim periods within those fiscal years. Early adoption is permitted, including adoption in an interim period. The Company is currently evaluating the impact of this new pronouncement on its consolidated statements of cash flows. In January 2017, the FASB issued ASU No. 2017-04, Intangibles - Goodwill and Other (Topic 350): Simplifying the Accounting for Goodwill Impairment. ASU No. 2017-04 removes Step 2 of the goodwill impairment test, which requires a hypothetical purchase price allocation. A goodwill impairment will now be the amount by which a reporting unit’s carrying value exceeds its fair value, not to exceed the carrying amount of goodwill. This standard will be effective for the Company beginning in the first quarter of fiscal year 2021 is required to be applied prospectively. Early adoption is permitted for interim or annual goodwill impairment tests performed on testing dates after January 1, 2017. The Company is currently evaluating the impact this standard will have on its consolidated financial statements. In May 2017, the FASB issued ASU 2017-09, Compensation—Stock Compensation (Topic 718): Scope of Modification Accounting In July 2017, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2017-11, Earnings Per Share (Topic 260), Distinguishing Liabilities from Equity (Topic 480), Derivatives and Hedging (Topic 815).	Recent Accounting Pronouncements In May 2014, the FASB issued ASU No. 2014-09, Revenue from Contracts with Customers, an updated standard on revenue recognition. ASU No. 2014-09 provides enhancements to the quality and consistency of how revenue is reported by companies while also improving comparability in the financial statements of companies reporting using International Financial Reporting Standards or U.S. GAAP. The main purpose of the new standard is for companies to recognize revenue to depict the transfer of goods or services to customers in amounts that reflect the consideration to which a company expects to be entitled in exchange for those goods or services. The new standard also will result in enhanced disclosures about revenue, provide guidance for transactions that were not previously addressed comprehensively and improve guidance for multiple-element arrangements. In July 2015, the FASB voted to approve a one-year deferral of the effective date of ASU No. 2014-09, which will be effective for the Company in the first quarter of fiscal year 2019 and may be applied on a full retrospective or modified retrospective approach. The Company is evaluating the impact of implementation and transition approach of this standard on its financial statements. In August 2014, the FASB issued ASU No. 2014-15, Presentation of Financial Statements-Going Concern, which defines management’s responsibility to assess an entity’s ability to continue as a going concern, and requires related footnote disclosures if there is substantial doubt about its ability to continue as a going concern. ASU No. 2014-15 is effective for the Company for the fiscal year ending on June 30, 2017, with early adoption permitted. The Company is currently evaluating the impact of adopting ASU No. 2014-15 and its related disclosures. In November 2015, FASB issued ASU No. 2015-17, Balance Sheet Classification of Deferred Taxes. ASU No. 2015-17 requires that deferred tax liabilities and assets be classified as noncurrent in a classified statement of financial position. ASU No. 2015-17 is effective for financial statements issued for fiscal years beginning after December 15, 2016, and interim periods within those fiscal years. The Company is currently evaluating the impact that ASU No. 2015-17 will have on its balance sheet and financial statement disclosures. In January 2016, FASB issued ASU No. 2016-01, Recognition and Measurement of Financial Assets and Financial Liabilities. ASU No. 2016-01 requires equity investments to be measured at fair value with changes in fair value recognized in net income; simplifies the impairment assessment of equity investments without readily determinable fair values by requiring a qualitative assessment to identify impairment; eliminates the requirement for public business entities to disclose the method(s) and significant assumptions used to estimate the fair value that is required to be disclosed for financial instruments measured at amortized cost on the balance sheet; requires public business entities to use the exit price notion when measuring the fair value of financial instruments for disclosure purposes; requires an entity to present separately in other comprehensive income the portion of the total change in the fair value of a liability resulting from a change in the instrument-specific credit risk when the entity has elected to measure the liability at fair value in accordance with the fair value option for financial instruments; requires separate presentation of financial assets and financial liabilities by measurement category and form of financial assets on the balance sheet or the accompanying notes to the financial statements and clarifies that an entity should evaluate the need for a valuation allowance on a deferred tax asset related to available-for-sale securities in combination with the entity’s other deferred tax assets. ASU No. 2016-01 is effective for financial statements issued for fiscal years beginning after December 15, 2017, and interim periods within those fiscal years. The Company is currently evaluating the impact that ASU No. 2016-01 will have on its financial statements and related disclosures. In February 2016, the FASB issued ASU No. 2016-02, Leases (Topic 842), which supersedes FASB ASC Topic 840, Leases (Topic 840) and provides principles for the recognition, measurement, presentation and disclosure of leases for both lessees and lessors. The new standard requires lessees to apply a dual approach, classifying leases as either finance or operating leases based on the principle of whether or not the lease is effectively a financed purchase by the lessee. This classification will determine whether lease expense is recognized based on an effective interest method or on a straight-line basis over the term of the lease, respectively. A lessee is also required to record a right-of-use asset and a lease liability for all leases with a term of greater than twelve months regardless of classification. Leases with a term of twelve months or less will be accounted for similar to existing guidance for operating leases. The standard is effective for annual and interim periods beginning after December 15, 2018, with early adoption permitted upon issuance. The adoption of this standard is not expected to have a material impact on the Company’s consolidated financial position and results of operations. In March 2016, the FASB issued ASU 2016-08, Revenue from Contracts with Customers (Topic 606): Principal versus Agent Considerations (“ASU 2016-08”). The purpose of ASU 2016-08 is to clarify the implementation of guidance on principal versus agent considerations. The amendments in ASU 2016-08 are effective for interim and annual reporting periods beginning after December 15, 2017. The Company is currently assessing the impact of ASU 2016-08 on the consolidated financial statements and related disclosures. In March 2016, the FASB issued ASU No. 2016-09, Compensation-Stock Compensation (Topic 718), Improvements to Employee Share-Based Payment Accounting (“ASU 2016-09”). Under ASU 2016-09, companies will no longer record excess tax benefits and certain tax deficiencies in additional paid-in capital (“APIC”). Instead, they will record all excess tax benefits and tax deficiencies as income tax expense or benefit in the income statement and the APIC pools will be eliminated. In addition, ASU 2016-09 eliminates the requirement that excess tax benefits be realized before companies can recognize them. ASU 2016-09 also requires companies to present excess tax benefits as an operating activity on the statement of cash flows rather than as a financing activity. Furthermore, ASU 2016-09 will increase the amount an employer can withhold to cover income taxes on awards and still qualify for the exception to liability classification for shares used to satisfy the employer’s statutory income tax withholding obligation. An employer with a statutory income tax withholding obligation will now be allowed to withhold shares with a fair value up to the amount of taxes owed using the maximum statutory tax rate in the employee’s applicable jurisdiction(s). ASU 2016-09 requires a company to classify the cash paid to a tax authority when shares are withheld to satisfy its statutory income tax withholding obligation as a financing activity on the statement of cash flows. Under current U.S. GAAP, it was not specified how these cash flows should be classified. In addition, companies will now have to elect whether to account for forfeitures on share-based payments by (1) recognizing forfeitures of awards as they occur or (2) estimating the number of awards expected to be forfeited and adjusting the estimate when it is likely to change, as is currently required. The amendments of this ASU are effective for reporting periods beginning after December 15, 2016, with early adoption permitted but all of the guidance must be adopted in the same period. The Company is currently assessing the impact that ASU 2016-09 will have on its consolidated financial statements. In April 2016, the FASB issued ASU No. 2016-10, Revenue from Contracts with Customer (“ASU 2016-10”). The new guidance is an update to ASC 606 and provides clarity on: identifying performance obligations and licensing implementation. For public companies, ASU 2016-10 is effective for annual periods, including interim periods within those annual periods, beginning after December 15, 2016. The Company is currently evaluating the impact that ASU 2016-10 will have on its consolidated financial statements. In June 2016, the FASB issued ASU No. 2016-13, Financial Instruments - Credit Losses: Measurement of Credit Losses on Financial Instruments (“ASU 2016-13”). ASU 2016-13 requires that expected credit losses relating to financial assets measured on an amortized cost basis and available-for-sale debt securities be recorded through an allowance for credit losses. ASU 2016-13 limits the amount of credit losses to be recognized for available-for-sale debt securities to the amount by which carrying value exceeds fair value and also requires the reversal of previously recognized credit losses if fair value increases. The new standard will be effective on January 1, 2020. Early adoption will be available on January 1, 2019. The Company is currently evaluating the effect that the updated standard will have on its consolidated financial statements and related disclosures. In August 2016, the FASB issued ASU No. 2016-15, Statement of Cash Flows - Classification of Certain Cash Receipts and Cash Payments, which addresses eight specific cash flow issues with the objective of reducing the existing diversity in practice in how certain cash receipts and cash payments are presented and classified in the statement of cash flows. The standard is effective for fiscal years beginning after December 15, 2017, including interim periods within those fiscal years. Early adoption is permitted, including adoption in an interim period. The Company is currently evaluating the impact of this new pronouncement on its consolidated statements of cash flows. In January 2017, the FASB issued ASU No. 2017-04, Intangibles - Goodwill and Other (Topic 350): Simplifying the Accounting for Goodwill Impairment. ASU No. 2017-04 removes Step 2 of the goodwill impairment test, which requires a hypothetical purchase price allocation. A goodwill impairment will now be the amount by which a reporting unit’s carrying value exceeds its fair value, not to exceed the carrying amount of goodwill. This standard will be effective for the Company beginning in the first quarter of fiscal year 2021 is required to be applied prospectively. Early adoption is permitted for interim or annual goodwill impairment tests performed on testing dates after January 1, 2017. The Company is currently evaluating the impact this standard will have on its consolidated financial statements.
Digital Currencies Translations and Remeasurements		Digital Currencies Translations and Remeasurements The Company accounts for digital currencies, which it considers to be an operating asset, at their initial cost and subsequently remeasures the carrying amounts of digital currencies it owns at each reporting date based on their current fair value. The changes in the fair value of digital currencies are included as a component of income or loss from operations. The Company currently classifies digital currencies as a current asset. Digital currencies are considered a crypto-currency and the Company receives deposits in various kinds of digital currencies including but not limited to bitcoins, litecoins and dogecoins from customer trade transactions. The Company when necessary, will issue refunds in digital currencies and, at its discretion, make payments to vendors in digital currencies, if and when such vendors accept digital currencies as payment. The Company obtains the equivalency rate of bitcoins to USD from various exchanges including, Bitstamp and Coinbase. The equivalency rate obtained from these sources represents a generally well recognized quoted price in an active market for bitcoins, which market and related database are accessible to the Company on an ongoing basis.
Property and Equipment		Property and Equipment Property and equipment consists of leasehold improvements, computer, equipment and office furniture and fixtures, all of which are recorded at cost. Depreciation and amortization is recorded using the straight-line method over the respective useful lives of the assets ranging from three to five years. Long-lived assets are reviewed for impairment whenever events or circumstances indicate that the carrying amount of these assets may not be recoverable.
Intangible Asset		Intangible Asset The Company has applied the provision of ASC topic 350-50-50 Intangible - Goodwill and Other/Website Development Costs, in accounting for its costs incurred to purchase its website. Capitalized website costs are being amortized by the straight line method over an estimated useful life of three (3) years. Amortization cost was approximately $5,000 for the years ended December 31, 2016 and 2015.
Investments		Investments Shares in Group undertakings are stated at cost less any provision for impairment. The Company assesses investments for impairment whenever events or changes in circumstances indicate that the carrying value of an investment may not be recoverable. If any such indication of impairment exists, the Company makes an estimate of the recoverable amount. If the recoverable amount of the cash-generating unit is less than the value of the investment, the investment is considered to be impaired and is written down to its recoverable amount. An impairment loss is recognized immediately in the profit and loss account. During the year ended 2016, the Company recorded impairment loss of approximately $2.3 million.
Reclassifications		Reclassifications Certain reclassifications have been made in prior years’ consolidated financial statements to conform to the current year’s presentation.
Revenue Recognition		Revenue Recognition The Company follows the guidance of the Securities and Exchange Commission’s Staff Accounting Bulletin (“SAB”) 104 for revenue recognition and Accounting Standards Codification (“ASC”) Topic 605, “Revenue Recognition.” Accordingly, the Company records revenue when persuasive evidence of an arrangement exists, services have been rendered or product delivery has occurred, the selling price to the customer is fixed or determinable and collectability of the revenue is reasonably assured. Transaction Verification Servers Revenue earned from bitcoin processing activities (“Transaction Verification Services”), commonly termed ‘mining’ activities, is recognized at the fair value of the bitcoins received as consideration on the date of actual receipt. The Company generates revenue by performing computer processing activities for bitcoin generation. In the digital-currency industry such activity is generally referred to as Transaction Verification Services or bitcoin mining. The Company receives consideration for performing such transaction verification activities in the form of bitcoins. Revenue is recorded upon the actual receipt of bitcoins. Expenses consist of utilities paid to cover our electric costs, rent for our facility and personnel to run our facility. The expenses related to our Transaction Verification Services activities are affected by the level of activities and not the ultimate generation of bitcoins. The Company expenses these costs as they are incurred.
Income Taxes		Income Taxes The Company recognizes income taxes on an accrual basis based on tax positions taken or expected to be taken in its tax returns. A tax position is defined as a position in a previously filed tax return or a position expected to be taken in a future tax filing that is reflected in measuring current or deferred income tax assets and liabilities. Tax positions are recognized only when it is more likely than not (i.e., likelihood of greater than 50%), based on technical merits, that the position would be sustained upon examination by taxing authorities. Tax positions that meet the more likely than not threshold are measured using a probability-weighted approach as the largest amount of tax benefit that is greater than 50% likely of being realized upon settlement. Income taxes are accounted for using an asset and liability approach that requires the recognition of deferred tax assets and liabilities for the expected future tax consequences of events that have been recognized in the Company’s financial statements or tax returns. A valuation allowance is established to reduce deferred tax assets if all, or some portion, of such assets will more than likely not be realized. Should they occur, the Company’s policy is to classify interest and penalties related to tax positions as income tax expense. Since the Company’s inception, no such interest or penalties have been incurred.
Fair Value of Financial Instruments		Fair Value of Financial Instruments Financial instruments, including cash and cash equivalents, accounts and other receivables, accounts payable and accrued liabilities are carried at cost, which management believes approximates fair value due to the short-term nature of these instruments. The Company measures the fair value of financial assets and liabilities based on the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. The Company maximizes the use of observable inputs and minimizes the use of unobservable inputs when measuring fair value. The Company uses three levels of inputs that may be used to measure fair value: Level 1 - quoted prices in active markets for identical assets or liabilities Level 2 - quoted prices for similar assets and liabilities in active markets or inputs that are observable Level 3 - inputs that are unobservable (for example, cash flow modeling inputs based on assumptions)
Employee Stock-Based Compensation		Employee Stock-Based Compensation The Company accounts for stock-based compensation in accordance with ASC 718 Compensation - Stock Compensation (“ASC 718”). ASC 718 addresses all forms of share-based payment (“SBP”) awards including shares issued under employee stock purchase plans and stock incentive shares. Under ASC 718 awards result in a cost that is measured at fair value on the awards’ grant date, based on the estimated number of awards that are expected to vest and will result in a charge to operations.
Advertising Expense		Advertising Expense Advertisement costs are expensed as incurred and included in marketing expenses. Advertising expenses amounted to approximately $11,000 and $15,000 for the years ended December 31, 2016 and 2015, respectively.
Preferred Stock		Preferred Stock The Company applies the guidance enumerated in ASC 480 “Distinguishing Liabilities from Equity” when determining the classification and measurement of preferred stock. Preferred shares subject to mandatory redemption (if any) are classified as liability instruments and are measured at fair value. The Company classifies conditionally redeemable preferred shares (if any), which includes preferred shares that feature redemption rights that are either within the control of the holder or subject to redemption upon the occurrence of uncertain events not solely within the Company’s control, as temporary equity. At all other times, the Company classifies its preferred shares in stockholders’ equity. The Company’s preferred shares do not feature any redemption rights within the holders’ control or conditional redemption features not within the Company’s control as of December 31, 2016. Accordingly, all issuances of preferred stock are presented as a component of consolidated stockholders’ equity.
Series C Convertible Preferred Stock		Series C Convertible Preferred Stock The Company has evaluated the Series C Convertible Preferred Stock (“Preferred Stock”) conversion component of the Private Placement and determined it should be considered an “equity host” and not a “debt host” as defined by ASC 815, Derivatives and Hedging. This evaluation is necessary in order to determine if any embedded features require bifurcation and, therefore, separate accounting as a derivative liability. The Company’s analysis followed the “whole instrument approach,” which compares an individual feature against the entire preferred stock instrument which includes that feature. The Company’s analysis was based on a consideration of the Preferred Stock’s economic characteristics and risks and more specifically evaluated all the stated and implied substantive terms and features including (i) whether the Preferred Stock included redemption features, (ii) whether the preferred stockholders were entitled to dividends, (iii) the voting rights of the Preferred Stock and (iv) the existence and nature of any conversion rights. As a result of the Company’s determination that the Preferred Stock is an “equity host,” the embedded conversion feature is not considered a derivative liability.
Fair Value Option		Fair Value Option As permitted under FASB ASC 825, Financial Instruments,
Adoption of Recent Accounting Pronouncements		Adoption of Recent Accounting Pronouncements In August 2015, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2015-15, Interest - Imputation of Interest: Presentation and Subsequent Measurement of Debt Issuance Costs Associated with Line-of-Credit Arrangements, which clarifies the treatment of debt issuance costs from line-of-credit arrangements after the adoption of ASU No. 2015-03, Interest - Imputation of Interest: Simplifying the Presentation of Debt Issuance Costs. In particular, ASU No. 2015-15 clarifies that the SEC staff would not object to an entity deferring and presenting debt issuance costs related to a line-of-credit arrangement as an asset and subsequently amortizing the deferred debt issuance costs ratably over the term of such arrangement, regardless of whether there are any outstanding borrowings on the line-of-credit arrangement. The Company adopted ASU No. 2015-15 during the first quarter of fiscal 2016, and its adoption did not have a material impact on its consolidated financial statements.

Summary of Significant Accoun26

Summary of Significant Accounting Policies (Tables)	3 Months Ended	12 Months Ended
	Mar. 31, 2017	Dec. 31, 2016
Accounting Policies [Abstract]
Schedule of Earnings Per Share Anti-Diluted	The following financial instruments were not included in the diluted loss per share calculation as of March 31, 2017 and 2016 because their effect was anti-dilutive: As of March 31, 2017 2016 Warrants to purchase Common Stock 105,610,725 29,203,352 Convertible notes - 4,833,333 Series B Preferred Stock 225,848,200 - Total 331,458,925 34,036,685	The following financial instruments were not included in the diluted loss per share calculation as of December 31, 2016 and 2015 because their effect was anti-dilutive: As of December 31, 2016 2015 Warrants to purchase common stock 268,788,732 486,723 Convertible notes 50,198,041 80,555 Favored Nations 108,747,774 - Total 427,734,547 567,278

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	3 Months Ended	12 Months Ended
	Mar. 31, 2017	Dec. 31, 2016
Fair Value Disclosures [Abstract]
Summary of Fair Value Liabilities Measured at Fair Value On Recurring Basis	The following table presents information about the Company’s liabilities measured at fair value on a recurring basis and the Company’s estimated level within the fair value hierarchy of those assets and liabilities as of March 31, 2017 and December 31, 2016: Fair value measured at March 31, 2017 Total carrying value at March 31, Quoted prices in active markets Significant other observable inputs Significant unobservable inputs 2017 (Level 1) (Level 2) (Level 3) Assets Digital Currencies $ 199 $ 199 - - Liabilities Derivative liabilities $ 5,079,807 - - $ 5,079,807 Fair value measured at December 31, 2016 Total carrying value at December 31, Quoted prices in active markets Significant other observable inputs Significant unobservable inputs 2016 (Level 1) (Level 2) (Level 3) Assets Digital Currencies $ 199 $ 199 - - Liabilities Derivative liabilities $ 23,231,938 - - $ 23,231,938 Derivative liabilities for shortfall of shares 14,915,419 - - 14,915,419 Convertible notes inclusive of derivative liabilities 3,283,034 - - 3,283,034	The following table presents information about the Company’s liabilities measured at fair value on a recurring basis and the Company’s estimated level within the fair value hierarchy of those assets and liabilities as of December 31, 2016 and 2015: Fair value measured at December 31, 2016 Total carrying value at Quoted prices in active markets Significant other observable inputs Significant unobservable inputs December 31, 2016 (Level 1) (Level 2) (Level 3) Assets Digital Currencies $ 199 $ 199 Liabilities Derivative liabilities $ 23,231,938 $ 23,231,938 Derivative liabilities for shortfall of shares $ 14,915,419 $ 14,915,419 Convertible notes at fair value $ 3,283,034 $ 3,283,034 Fair value measured at December 31, 2015 Total carrying value at Quoted prices in active markets Significant other observable inputs Significant unobservable inputs December 31, 2015 (Level 1) (Level 2) (Level 3) Assets Digital Currencies $ 17,036 $ 17,036 $ - $ - Liabilities Derivative liabilities $ 3,794,153 $ 3,794,153 Convertible notes at fair value 1,781,156 - - 1,781,156
Schedule of Changes in Level 3 Liabilities Measured at Fair Value	Changes in Level 3 liabilities measured at fair value for the three months ended March 31, 2017: Derivative liabilities balance - January 1, 2017 $ 23,231,938 Conversion of warrant liabilities (51,325,017 ) Fair value adjustments for warrant liabilities 33,172,886 Derivative liabilities balance - March 31, 2017 $ 5,079,807	Changes in Level 3 liabilities measured at fair value for the years ended December 31, 2016 and 2015: Derivative liabilities Balance - January 1, 2015 $ - Fair value of derivative liability on date of issuance (January 19, 2015) 952,600 Fair value of derivative liability on date of issuance (April 20, 2015) 2,843,811 Fair value of derivative liability on date of issuance (April 20, 2015) 537,152 Change in fair value of derivative liability (482,666 ) Cashless warrants exercise related to derivative liability (October 15, 2015) (56,744 ) Derivative liabilities Balance - December 31, 2015 $ 3,794,153 Change in fair value of derivative liability (5,921,409 ) Reclassification from derivative liability 92,601 Fair value adjustments for warrant liabilities 25,266,593 Derivative liabilities Balance - December 31, 2016 $ 23,231,938
Schedule of Derivative Liabilities for Shortfall of Shares	Derivative liabilities for shortfall of shares balance - January 1, 2017 $ 14,915,419 Conversion of shortfall shares liabilities (14,915,419 Derivative liabilities for shortfall of shares balance - March 31, 2017 $ -	Derivative liabilities for shortfall of shares Balance - January 1, 2016 $ - Change in fair value of derivative liability shortfall of shares 14,915,419 Derivative liabilities for shortfall of shares Balance - December 31, 2016 $ 14,915,419
Schedule of Changes in Fair Value of Convertible Notes	Convertible notes at fair value - January 1, 2017 $ 3,283,034 Conversion of convertible notes (20,132,105 ) Change in fair value of convertible notes (including OID discount) 16,849,071 Convertible notes at fair value - March 31, 2017 $ -	Convertible notes at fair value Balance - January 1, 2015 $ - Fair value of senior convertible notes on date of issuance (December 16, 2015) 1,777,408 Change in fair value of senior convertible notes 3,748 Convertible notes at fair value - December 31, 2015 $ 1,781,156 Addition of convertible notes 320,002 Conversion of notes into common stock 4,208,546 Gain on extinguishment of debt (837,369 ) Change in fair value of convertible notes (including OID discount) (2,096,700 ) Reclassification to derivative liability (92,601 ) Convertible notes at fair value - December 31, 2016 $ 3,283,034
Summary of Quantitative Information to Valuation Methodology	Warrant Liabilities Date of valuation March 2, 2017 March 31, 2017 Strike Price 0.025 - 18.000 0.025 - 18.000 Volatility 186.7% - 208.3 % 190.71% - 223.85 % Risk-free interest rate 1.25% - 1.83 % 1.20% - 1.51 % Contractual life (in years) 1.79 to 3.79 1.71 to 3.04 Dividend yield (per share) 0 0 Convertible Notes at Fair Value Date of valuation March 2, 2017 Strike Price 0.32 Volatility 267.8 % Risk-free interest rate 0.68 % Dividend yield (per share) 0	A summary of the weighted average (in aggregate) significant unobservable inputs (Level 3 inputs) used in measuring the Company’s derivative liabilities that are categorized within Level 3 of the fair value hierarchy for the year ended December 31, 2016 is as follows: Warrant Liabilities Date of valuation December 31, 2016 Strike Price 0.03 - 60.0 Volatility 118% - 230% Risk-free interest rate 0.35% - 2.23% Contractual life (in years) 0.10 to 3.96 Dividend yield (per share) 0 Derivative Liabilities for shortfall of shares Date of valuation December 31, 2016 Strike Price 0.0252 Volatility 268.69% Risk-free interest rate 1.78% Contractual life (in years) 3.75 Dividend yield (per share) 0% Senior Convertible Notes at Fair Value Date of valuation December 31, 2016 Strike Price 0.0252 Volatility 300.42% - 328.04% Risk-free interest rate 0.51% - 0.63% Dividend yield (per share) 0%

Stockholders' Equity (Tables)

Stockholders' Equity (Tables)	12 Months Ended
	Dec. 31, 2016
Equity [Abstract]
Summary of Warrant Activity	The following is a summary of warrant activity for the year ended December 31, 2016: Number of Warrants Outstanding as of December 31, 2015 486,723 Ratchet warrants issued due to price reset 271,641,648 Cashless warrant exercise (3,270,888 ) Warrants exercise for cash (68,750 ) Outstanding as of December 31, 2016 268,788,733

Property and Equipment (Tables)

Property and Equipment (Tables)	12 Months Ended
	Dec. 31, 2016
Property, Plant and Equipment [Abstract]
Schedule of Property and Equipment, Net	Property and equipment consist of the following at December 31, 2016 and December 31, 2015: December 31, 2016 December 31, 2015 Equipment $ - $ 109,493 Computer - 3,086 Leasehold improvements - 242,091 Transaction verification servers - 451,281 Total cost - 805,951 Accumulated depreciation and amortization - (316,531 ) Property and equipment, net $ - $ 489,420

Intangible Assets (Tables)

Intangible Assets (Tables)	12 Months Ended
	Dec. 31, 2016
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Finite-Lived Intangible Assets	The net carrying amounts related to acquired intangible assets as of December 31, 2016 are as follows: Net Carrying Amount Weighted average amortization period (years) Website at January 1, 2015, net $ 10,700 2.59 Amortization expenses (4,625 ) Website at December 31, 2015, net $ 6,075 1.59 Amortization expenses (5,156 ) Website at December 31, 2016, net $ 919 0.59

Stock Based Compensation (Table

Stock Based Compensation (Tables)	12 Months Ended
	Dec. 31, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Schedule of Stock Option Activity	There are no stock options outstanding as of December 31, 2016. Number of Options Weighted Average Exercise Price Weighted Average Grant Date Fair Value per Share Average Remaining Contractual Life Average Intrinsic Value Outstanding at January 1, 2015 207,500 $ 6.00 $ 0.60 8.0 $ - Canceled (207,500 ) 6.00 0.60 - - Outstanding as of December 31, 2015 - - - - - Outstanding as of December 31, 2016 - - - - -

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2016
Income Tax Disclosure [Abstract]
Schedule of Deferred Tax Assets	The tax effects of temporary differences and tax loss and credit carry forwards that give rise to significant portions of deferred tax assets and liabilities at December 31, 2016 and 2015 are comprised of the following: As of December 31, 2016 2015 Deferred tax assets: Net-operating loss carryforward $ 3,116,646 $ 1,177,872 Stock-based compensation - 7,695,805 Other 1,478 316,736 Total Deferred Tax Assets 3,118,124 9,190,413 Valuation allowance (3,118,124 ) (9,190,413 ) Deferred Tax Asset, Net of Allowance $ - $ -
Schedule of Income Tax Provision	For the years ended December 31, 2016 2015 Federal Current $ - $ - Deferred - 3,066,159 State Current - - Deferred 3,118,124 491,036 Valuation allowance (3,118,124 ) (3,557,196 Income tax provision $ - $ -
Schedule of Income Tax Rate	The expected tax expense (benefit) based on the U.S. federal statutory rate is reconciled with actual tax expense (benefit) as follows: For the years ended December 31, 2016 2015 Statutory Federal Income Tax Rate (34.0 )% (34.0 )% State Taxes, Net of Federal Tax Benefit (5.4 )% (5.4 )% Other 4.2 % Change in Valuation Allowance 39.4 % 35.2 % Income Taxes Provision (Benefit) - % - %

Business Organization and Nat33

Business Organization and Nature of Operations (Details Narrative) - USD ($)	Feb. 13, 2017	Mar. 31, 2017	Dec. 31, 2016	Aug. 08, 2016	Aug. 02, 2016	Dec. 31, 2015
Insurance company settlement amount				$ 85,000
Number of outstanding shares of common stock		41,924,720	16,095,929		16,095,929	2,841,342
Reverse stock split	1-for-60	1-for-60	1-for-60
Minimum [Member]
Number of outstanding shares of common stock			952,756,004
Maximum [Member]
Number of outstanding shares of common stock			15,879,267

Organization and Description of

Organization and Description of Business and Recent Developments (Details Narrative) (10K) - USD ($)	Feb. 13, 2017	Mar. 31, 2017	Dec. 31, 2016	Aug. 08, 2016	Aug. 02, 2016	Dec. 31, 2015
Insurance company settlement amount				$ 85,000
Number of outstanding shares of common stock		41,924,720	16,095,929		16,095,929	2,841,342
Reverse stock split	1-for-60	1-for-60	1-for-60
Minimum [Member]
Number of outstanding shares of common stock			952,756,004
Maximum [Member]
Number of outstanding shares of common stock			15,879,267

Liquidity, Financial Conditio35

Liquidity, Financial Condition and Management's Plans (Details Narrative) - USD ($)	Dec. 06, 2016	Jun. 06, 2016	Jun. 30, 2016	Jun. 28, 2016	Mar. 31, 2017	Mar. 31, 2016	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Proceeds from warrant exercises				$ 91,765	$ 91,765		$ 91,765
Net cash used in operating activities					90,727	$ 354,308	828,459	796,532
Net loss					35,195,544	2,039,341	44,265,276	10,047,036
Cash					4,341	$ 62,560	95,068	$ 124,535	$ 5,403
Working capital deficiency					6,100,000		45,300,000
Fair value of derivative liabilities					$ 5,100,000		$ 23,200,000
December 2016 Notes [Member]
Debt face amount	$ 220,002
Loan amount	200,002
Cancellation of promissory notes previously issued	$ 10,000
Securities Purchase Agreement [Member]
Warrants exercise for cash, shares			68,750
Proceeds from warrant exercises			$ 92,000
Securities Purchase Agreement [Member] | Junior Notes [Member]
Original issue discount		20.00%
Debt face amount		$ 125,000
Debt instrument, description		The Company received $100,000 after giving effect to the 20% original issue discount.
Securities Purchase Agreement [Member] | Junior Notes [Member] | After 20% OID Percentage [Member]
Debt face amount		$ 100,000
Securities Purchase Agreement [Member] | Maximum [Member] | Junior Notes [Member]
Convertible notes payable		$ 375,000

Liquidity, Financial Conditio36

Liquidity, Financial Condition and Management's Plans (Details Narrative) (10K) - USD ($)	Dec. 06, 2016	Jun. 06, 2016	Jun. 30, 2016	Jun. 28, 2016	Mar. 31, 2017	Mar. 31, 2016	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Proceeds from warrant exercises				$ 91,765	$ 91,765		$ 91,765
Net cash used in operating activities					90,727	$ 354,308	828,459	796,532
Net loss					35,195,544	2,039,341	44,265,276	10,047,036
Cash					4,341	$ 62,560	95,068	124,535	$ 5,403
Working capital deficiency					6,100,000		45,300,000
Fair value of derivative liabilities					$ 5,100,000		23,200,000
Fair value adjustments for derivative liability shortfall of shares							$ (14,915,419)
December 2016 Notes [Member]
Debt face amount	$ 220,002
Loan amount	200,002
Cancellation of promissory notes previously issued	$ 10,000
Securities Purchase Agreement [Member]
Warrants exercise for cash, shares			68,750
Proceeds from warrant exercises			$ 92,000
Securities Purchase Agreement [Member] | Junior Notes [Member]
Original issue discount		20.00%
Debt face amount		$ 125,000
Debt instrument, description		The Company received $100,000 after giving effect to the 20% original issue discount.
Securities Purchase Agreement [Member] | Junior Notes [Member] | After 20% OID Percentage [Member]
Debt face amount		$ 100,000
Securities Purchase Agreement [Member] | Maximum [Member] | Junior Notes [Member]
Convertible notes payable		$ 375,000

Summary of Significant Accoun37

Summary of Significant Accounting Policies (Details Narrative) - USD ($)	Mar. 31, 2017	Dec. 31, 2016	Mar. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Accounting Policies [Abstract]
Cash and cash equivalents	$ 4,341	$ 95,068	$ 62,560	$ 124,535	$ 5,403

Summary of Significant Accoun38

Summary of Significant Accounting Policies (Details Narrative) (10K) - USD ($)	1 Months Ended	3 Months Ended		12 Months Ended
	Jun. 30, 2016	Mar. 31, 2017	Mar. 31, 2016	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Cash and cash equivalents		$ 4,341	$ 62,560	$ 95,068	$ 124,535	$ 5,403
Impairment charge	$ 236,000
Intangible asset estimated useful life				3 years
Intangible asset amortization cost				$ 5,000	5,000
Impairment loss related to investment			$ (2,250,000)	$ (2,250,000)	(254,433)
Income tax likehood percentage description				Likelihood of greater than 50%
Advertising expenses				$ 11,000	$ 15,000
Minimum [Member]
Property and equipment depreciated over period				3 years
Maximum [Member]
Property and equipment depreciated over period				5 years

Summary of Significant Accoun39

Summary of Significant Accounting Policies - Schedule of Earnings Per Share Anti-Diluted (Details) - shares	3 Months Ended		12 Months Ended
	Mar. 31, 2017	Mar. 31, 2016	Dec. 31, 2016	Dec. 31, 2015
Excluded potentially dilutive securities	331,458,925	34,036,685	427,734,547	567,278
Warrants to Purchase Common Stock [Member]
Excluded potentially dilutive securities	105,610,725	29,203,352	268,788,732	486,723
Convertible Notes [Member]
Excluded potentially dilutive securities		4,833,333	50,198,041	80,555
Series B Preferred Stock [Member]
Excluded potentially dilutive securities	225,848,200
Favoured Nations [Member]
Excluded potentially dilutive securities			108,747,774

Fair Value Measurements - Summa

Fair Value Measurements - Summary of Fair Value Liabilities Measured at Fair Value On Recurring Basis (Details) - USD ($)	Mar. 31, 2017	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Digital currencies	$ 199	$ 199	$ 17,036
Derivative Liabilities	5,079,807	23,231,938	3,794,153
Derivative liabilities for shortfall of shares		14,915,419
Convertible notes at inclusive of derivative liabilities		3,283,034	1,781,156
Level 1 [Member]
Digital currencies	199	199	17,036
Derivative Liabilities
Derivative liabilities for shortfall of shares
Convertible notes at inclusive of derivative liabilities
Fair Value, Inputs, Level 2 [Member]
Digital currencies
Derivative Liabilities
Derivative liabilities for shortfall of shares
Convertible notes at inclusive of derivative liabilities
Fair Value, Inputs, Level 3 [Member]
Digital currencies
Derivative Liabilities	5,079,807	23,231,938	3,794,153
Derivative liabilities for shortfall of shares		14,915,419
Convertible notes at inclusive of derivative liabilities		$ 3,283,034	$ 1,781,156

Fair Value Measurements - Sched

Fair Value Measurements - Schedule of Changes in Level 3 Liabilities Measured at Fair Value (Details) - USD ($)	3 Months Ended	12 Months Ended
	Mar. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Beginning balance	$ 23,231,938	$ 3,794,153
Conversion of warrant liabilities	(51,325,017)
Fair value adjustments for warrant liabilities	33,172,886
Change in fair value of derivative liability		(5,921,409)	(482,666)
Reclassification of derivative liability		92,601
Fair value of warrant liability associated with convertible notes		25,266,593
Ending balance	$ 5,079,807	$ 23,231,938	3,794,153
January 19, 2015 [Member]
Fair value of derivative liability on date of issuance			952,600
April 20, 2015 [Member]
Fair value of derivative liability on date of issuance			2,843,811
April 20, 2015 [Member]
Fair value of derivative liability on date of issuance			537,152
October 15, 2015 [Member]
Cashless warrants exercise related to derivative liability			$ (56,744)

Fair Value Measurements - Sch42

Fair Value Measurements - Schedule of Derivative Liabilities for Shortfall of Shares (Details) - USD ($)	3 Months Ended	12 Months Ended
	Mar. 31, 2017	Dec. 31, 2016
Fair Value Disclosures [Abstract]
Derivative liabilities for shortfall of shares balance	$ 14,915,419
Conversion of shortfall shares liabilities	(14,915,419)	14,915,419
Derivative liabilities for shortfall of shares balance		$ 14,915,419

Fair Value Measurements - Sch43

Fair Value Measurements - Schedule of Changes in Fair Value of Convertible Notes (Details) - USD ($)	Aug. 02, 2016	Nov. 20, 2015	Oct. 29, 2015	Feb. 18, 2015	Jun. 28, 2016	Mar. 31, 2017	Mar. 31, 2016	Dec. 31, 2016	Dec. 31, 2015
Fair Value Disclosures [Abstract]
Convertible notes at fair value, beginning balance						$ 3,283,034	$ 1,781,156	$ 1,781,156
Conversion of convertible notes	$ (822,685)	$ (24,000)	$ (12,000)	$ (103,694)	$ (890,179)	(20,132,105)		(1,712,864)
Change in fair value of convertible notes (including OID discount)						16,849,071		(2,096,700)
Fair value of senior convertible notes on date of issuance									1,777,408
Change in fair value of senior convertible notes									3,748
Addition of convertible notes								320,002
Loss on extinguishment of debt						(15,873,067)		(837,369)
Reclassification to derivative liability								$ (92,601)

Fair Value Measurement - Summar

Fair Value Measurement - Summary of Quantitative Information to Valuation Methodology (Details) - $ / shares	Mar. 02, 2017	Mar. 31, 2017	Dec. 31, 2016
Convertible Notes at Fair Value [Member]
Strike price	$ 0.32
Volatility	267.80%
Risk-free interest rate	0.68%
Dividend yield (per share)	$ 0
Warrant Liabilities [Member]
Dividend yield (per share)	0	$ 0	$ 0
Warrant Liabilities [Member] | Minimum [Member]
Strike price	$ 0.025	$ 0.025	$ 0.03
Volatility	186.70%	190.71%	118.00%
Risk-free interest rate	1.25%	1.20%	0.35%
Contractual life (in years)	1 year 9 months 14 days	1 year 8 months 16 days	1 month 6 days
Warrant Liabilities [Member] | Maximum [Member]
Strike price	$ 18	$ 18	$ 60
Volatility	208.30%	223.85%	230.00%
Risk-free interest rate	1.83%	1.51%	2.23%
Contractual life (in years)	3 years 9 months 14 days	3 years 15 days	3 years 11 months 15 days
Derivative Liabilities For Shortfall of Shares [Member]
Strike price			$ 0.0252
Derivative Liabilities For Shortfall of Shares [Member] | Minimum [Member]
Volatility			268.69%
Risk-free interest rate			1.78%
Contractual life (in years)			3 years 9 months
Dividend yield (per share)			$ 0
Senior Convertible Notes At Fair Value [Member]
Strike price			0.0252
Dividend yield (per share)			$ 0
Senior Convertible Notes At Fair Value [Member] | Minimum [Member]
Volatility			300.42%
Risk-free interest rate			0.51%
Senior Convertible Notes At Fair Value [Member] | Maximum [Member]
Volatility			328.04%
Risk-free interest rate			0.63%

Related Party Transactions (Det

Related Party Transactions (Details Narrative) - Charles Allen [Member]	Jan. 30, 2017USD ($)shares
Number of escrowed shares cancelation	24,000,000
Post-split shares of commons stock	400,000
Adjustment to additional paid in capital | $	$ 400

Related Party Transactions (D46

Related Party Transactions (Details Narrative) (10K) - USD ($)	Jan. 30, 2017	Jun. 03, 2016	Feb. 19, 2016	Nov. 20, 2015	Oct. 29, 2015	Oct. 14, 2015	May 04, 2015	Apr. 20, 2015	Feb. 17, 2015	Feb. 10, 2015	Jan. 19, 2015	Dec. 18, 2014	Apr. 30, 2015	Mar. 31, 2015	Apr. 30, 2015	Sep. 30, 2015	Dec. 31, 2016	May 13, 2015	May 08, 2015
Repayment of note payable									$ 3,000
Number of common stock unit sold				1,333	667	2,701										7,950
Common stock purchase price per share				$ 18	$ 18											$ 10.8
Principal Stockholders [Member]
Payments for repurchase of private placement		$ 86											$ 20,000
Principal Stockholders [Member] | Subscription Agreement [Member]
Payments for repurchase of private placement																	$ 40,000
Securities Escrow Agreement [Member] | Principal Stockholders [Member]
Number of common stock shares into escrow			400,000
Listing Escrow Shares [Member] | Principal Stockholders [Member]
Number of escrowed shares returned																	200,000
January Private Placement [Member]
Number of common stock unit sold								128,472			72,167
Common stock purchase price per share								$ 18			$ 6
Number of common stock sold								$ 2,312,500			$ 433,000
Spondoolies-Tech Ltd [Member] | Merger Escrow Shares [Member] | Principal Stockholders [Member]
Number of escrowed shares returned																	200,000
Charles Allen [Member]
Common stock purchase price per share														$ 30
Number of common stock shares purchased								1,111			834
Number of common stock purchased								$ 20,000			$ 5,000
Accrued salaries														$ 25,000
Number of common stock value converted for accrued and unpaid salary													$ 25,000	$ 25,000	$ 25,000
Number of common stock shares converted for accrued and unpaid salaries													834	834	833
Number of escrowed shares cancelation	24,000,000
Charles Allen [Member] | January 30, 2017 [Member]
Number of escrowed shares cancelation																	24,000,000
Charles Allen [Member] | Allen Note [Member]
Loan from related party												$ 7,990
Note bear interest rate												2.00%
Notes maturity date												Dec. 31, 2015
Repayment of note payable										$ 3,000
Principal amount of promissory note																			$ 4,990
Accrued interest																			$ 48
Michal Handerhan [Member]
Common stock purchase price per share														$ 30
Number of common stock shares purchased								1,111			834
Number of common stock purchased								$ 20,000			$ 5,000
Accrued salaries														$ 25,000
Number of common stock value converted for accrued and unpaid salary													$ 25,000	$ 25,000	$ 25,000
Number of common stock shares converted for accrued and unpaid salaries													834	834	833
Michal Handerhan [Member] | HanderhanNote[Member]
Loan from related party											$ 20,000
Note bear interest rate											2.00%
Notes maturity date											Dec. 31, 2015
Repayment of note payable							$ 10,000
Principal amount of promissory note																		$ 7,000
Accrued interest																		$ 108

Stockholders' Equity (Details N

Stockholders' Equity (Details Narrative) - USD ($)	Mar. 22, 2017	Feb. 28, 2017	Feb. 13, 2017	Mar. 31, 2017	Dec. 31, 2016	Mar. 15, 2017	Mar. 09, 2017	Aug. 02, 2016	Dec. 31, 2015	Apr. 19, 2015
Reverse stock split			1-for-60	1-for-60	1-for-60
Common stock, shares outstanding				41,924,720	16,095,929			16,095,929	2,841,342
Common stock shares issued				41,924,720	16,095,929			16,095,929	2,841,342
Common stock shares authorized				975,000,000	975,000,000				16,250,000
Preferred stock, shares issued						1,160,941
Preferred stock, par value				$ 0.001	$ 0.001	$ 0.001			$ 0.001
Between March 15, 2017 and March 31, 2017 [Member]
Number of common stock shares issued				4,533,682
Cashless exercise of warrant				7,468,597
Between March 28, 2017 and March 31, 2017 [Member]
Number of common stock shares issued				6,340,000
Cashless exercise of warrant				31,700
January Offer [Member]
Number of warrant shares issued							30,130,861
Common stock shares authorized							12,052,344
Preferred stock, shares issued							210,919
April Offer [Member]
Number of warrant shares issued							28,154,980
Common stock shares authorized							20,110,699
Preferred stock, shares issued							104,391
January Agreement and April Offer [Member]
Number of warrant shares issued										112,782,487
Common stock shares authorized										14,517,352
CSC Agreement [Member]
Number of common stock shares issued	833,333
Number of common stock shares issued value	$ 61,667
Payment to acquire cash payment	$ 200,000
2017 Activities [Member]
Reverse stock split		60:1 reverse stock split
Common stock, shares outstanding		4,370
Minimum [Member]
Common stock, shares outstanding					952,756,004
Maximum [Member]
Common stock, shares outstanding					15,879,267

Stockholders' Equity (Details48

Stockholders' Equity (Details Narrative) (10K)	Feb. 13, 2017	Aug. 02, 2016USD ($)shares	Jun. 03, 2016USD ($)	Jan. 19, 2016USD ($)	Nov. 20, 2015USD ($)$ / sharesshares	Oct. 29, 2015USD ($)$ / sharesshares	Oct. 14, 2015shares	Jun. 16, 2015USD ($)shares	Apr. 20, 2015USD ($)TradingDays$ / sharesshares	Mar. 26, 2015USD ($)shares	Mar. 05, 2015USD ($)$ / sharesshares	Feb. 20, 2015USD ($)$ / sharesshares	Feb. 18, 2015USD ($)$ / sharesshares	Jan. 26, 2015USD ($)shares	Jan. 23, 2015USD ($)TradingDaysshares	Jan. 19, 2015USD ($)TradingDays$ / sharesshares	Jun. 28, 2016USD ($)shares	Jun. 30, 2015USD ($)$ / sharesshares	Apr. 30, 2015USD ($)$ / sharesshares	Mar. 31, 2015USD ($)$ / sharesshares	Apr. 30, 2015USD ($)$ / sharesshares	Mar. 31, 2017USD ($)$ / sharesshares	Mar. 31, 2016USD ($)	Sep. 30, 2015$ / sharesshares	Dec. 31, 2016USD ($)$ / sharesshares	Dec. 31, 2015USD ($)$ / sharesshares	Dec. 16, 2016shares	Sep. 21, 2015	Jul. 02, 2015$ / shares
Reverse stock split	1-for-60																					1-for-60			1-for-60
Common stock, shares outstanding | shares		16,095,929																				41,924,720			16,095,929	2,841,342
Number of common stock unit sold | shares					1,333	667	2,701																	7,950
Common stock purchase price per share | $ / shares					$ 18	$ 18																		$ 10.8
Common stock par value | $ / shares																						$ 0.001			$ 0.001	$ 0.001
Derivative liability																						$ 5,079,807			$ 23,231,938	$ 3,794,153
Loss on issuance of units																									(250,000)	(1,050,911)
Issuance of common stock for asset purchase																										48,626
Conversion amount		$ 822,685			$ 24,000	$ 12,000							$ 103,694				$ 890,179					20,132,105			1,712,864
Number of common stock shares for services | shares																		2,856
Equity price per share | $ / shares																		$ 0.31
Fair value of common stock					$ 8,800	$ 4,400												$ 53,230								(203,055)
Warrants exercise value																	$ 91,765					$ 91,765			$ 91,765
Number of common stock shares for cash exercise of warrants | shares																	68,750
Number of common stock issued																	$ 1,039,013
Debt instruments conversion into shares | shares		12,146,820
Common stock, shares issued | shares		16,095,929																				41,924,720			16,095,929	2,841,342
Senior Notes And Junior Notes [Member]
Debt conversion price per share | $ / shares																									$ 0.0252
Amendment Agreement [Member]
Proceeds from equity or debt financing			$ 350,000
Percentage of remaining payment of gross proceeds from equity or debt financing			10.00%
Exercise Agreement [Member]
Warrants issued to purchase of shares of common stock | shares																8,333
Warrants exercise value				$ 27,500
Subscription Agreements [Member]
Warrants issued to purchase of shares of common stock | shares																									171,349,405		97,423,579
Number of common stock issued and outatanding shares | shares																									108,747,774
Spondoolies-Tech Ltd [Member] | Purchase Agreement [Member]
Number of Spondoolies purchased | TradingDays															100
Number of digital currency mining servers purchased | TradingDays															35
Purchase price of assets															$ 218,500
Issuance of common stock for asset purchase															$ 25,000
Issuance of common stock for asset purchase, Shares | shares															4,167
Sichenzia Ross Friedman Ference LLP [Member]
Number of common stock unit sold | shares													5,449
Common stock purchase price per share | $ / shares													$ 15.6
Legal and investor relation fee													$ 85,000
Alliance Funds LLC [Member]
Number of common stock unit sold | shares													1,198
Common stock purchase price per share | $ / shares													$ 15.6
Legal and investor relation fee													$ 18,694
Seller [Member]
Number of common stock unit sold | shares												928
Common stock purchase price per share | $ / shares												$ 15.6
Number of common stock sold												$ 14,480
Chord Advisors, LLC [Member]
Number of common stock unit sold | shares											2,564
Common stock purchase price per share | $ / shares											$ 15.6
Conversion amount											$ 40,000
Consideration prepayment																			$ 10,000	$ 30,000
Coin Outlet [Member]
Net value to shareholders' equity										$ 154,433
Issuance of common stock for acquisition, share | shares										166,756
Percentage of additional equity ownership										2.00%
Issuance of common stock shares for stock compensation | shares										11,699
Percentage of beneficially own in excess of number of common stock shares outstanding										4.20%
Coin Outlet [Member] | Purchase Agreement [Member]
Debt interest rate																4.00%
Debt maturity date																Jan. 31, 2016
Percentage of beneficially own in excess of number of common stock shares outstanding										2.00%
Vendors [Member]
Number of common stock shares for services | shares								758
Fair value of common stock								$ 9,146
Vendors [Member] | Conversion Agreement [Member]
Number of common stock shares for services | shares																									2,856
Equity price per share | $ / shares																									$ 18.6
Fair value of common stock																									$ 53,230
Subscribers [Member] | Subscription Agreement [Member]
Payment of offering			$ 250,000
Percentage of beneficially own in excess of number of common stock shares outstanding			4.99%
Investors [Member] | Exercise Agreement [Member]
Warrants issued to purchase of shares of common stock | shares																38,750
Charles Kiser [Member] | Redemption Agreement [Member]
Number of common stock shares return | shares														4,167
Number of common stock return														$ 2,500
Advisory Board [Member]
Number of common stock shares for services | shares									6,979
Nine Advisory Board [Member]
Number of common stock shares for services | shares									775
Fair value of common stock									$ 102,585
Charles Allen [Member]
Common stock purchase price per share | $ / shares																				$ 30
Common stock par value | $ / shares																													$ 0.001
Equity price per share | $ / shares																				$ 30
Accrued salaries																				$ 25,000
Number of common stock value converted for accrued and unpaid salary																			$ 25,000	$ 25,000	$ 25,000
Number of common stock shares converted for accrued and unpaid salaries | shares																			834	834	833
Charles Allen [Member] | Amendment Agreement [Member]
Proceeds from equity or debt financing			$ 1,000,000
Michal Handerhan [Member]
Common stock purchase price per share | $ / shares																				$ 30
Common stock par value | $ / shares																													$ 0.001
Equity price per share | $ / shares																			$ 30		$ 30
Accrued salaries																				$ 25,000
Number of common stock value converted for accrued and unpaid salary																			$ 25,000	$ 25,000	$ 25,000
Number of common stock shares converted for accrued and unpaid salaries | shares																			834	834	833
January Private Placement [Member]
Number of common stock unit sold | shares									128,472							72,167
Common stock purchase price per share | $ / shares									$ 18							$ 6
Number of common stock sold									$ 2,312,500							$ 433,000
Common stock par value | $ / shares																$ 0.001
Issuance of warrants to purchase of common stock | shares																2.5
Common stock exercise price per share | $ / shares																$ 6
Stock conversation price per share | $ / shares																6
Warrant price per share exceeds | $ / shares																$ 12
Consecutive trading days | TradingDays																15
Average daily dollar trading volume exceeds per trading day																$ 50,000
Net value to shareholders' equity																$ 0
Fair value of Units																									956,930
Derivative liability warrants																									649,500
Derivative liability																									303,100
Loss on issuance of units																									519,600
January Private Placement [Member] | Allen (CEO) [Member]
Number of common stock unit sold | shares																834
January Private Placement [Member] | Handerhan (COO) [Member]
Number of common stock unit sold | shares																834
April Private Placement [Member]
Number of common stock unit sold | shares									128,472
Common stock purchase price per share | $ / shares									$ 18
Number of common stock sold									$ 2,312,500
Issuance of warrants to purchase of common stock | shares									1.4
Common stock exercise price per share | $ / shares									$ 22.5
Warrant price per share exceeds | $ / shares									$ 56.28
Consecutive trading days | TradingDays									15
Average daily dollar trading volume exceeds per trading day									$ 200,000
Fair value of Units									2,843,811																$ 531,311
Derivative liability warrants									1,878,957
Derivative liability									$ 964,854
April Private Placement [Member] | Charles Allen And Michal Handerhan [Member]
Issuance of warrants to purchase of common stock | shares									1,111
Stock conversation price per share | $ / shares									$ 18
Issuance of warrants to purchase of common stock, value									$ 20,000
Minimum [Member]
Common stock, shares outstanding | shares																									952,756,004
Percentage of beneficially own in excess of number of common stock shares outstanding																												54.40%
Minimum [Member] | Amendment Agreement [Member]
Proceeds from equity or debt financing			$ 1,000,000
Percentage of remaining payment of gross proceeds from equity or debt financing			20.00%
Maximum [Member]
Common stock, shares outstanding | shares																									15,879,267
Percentage of beneficially own in excess of number of common stock shares outstanding																												55.40%

Stockholders' Equity - Summary

Stockholders' Equity - Summary of Warrant Activity (Details) (10K)	12 Months Ended
	Dec. 31, 2016shares
Equity [Abstract]
Number of Warrants Outstanding Beginning Balance	486,722
Number of Warrants Ratchet warrants issued due to price reset	271,641,648
Number of Warrants Cashless warrants exercise	(3,270,888)
Number of Warrants exercise for cash	(68,750)
Number of Warrants Outstanding Ending Balance	268,788,732

Property and Equipment (Details

Property and Equipment (Details Narrative) (10K) - USD ($)	3 Months Ended		12 Months Ended
	Mar. 31, 2017	Mar. 31, 2016	Dec. 31, 2016	Dec. 31, 2015
Property, Plant and Equipment [Abstract]
Depreciation expense			$ 177,000	$ 298,000
Fixed assets purchased			15,000	553,069
Fixed assets sold			89,000
Loss on sale of fixed assets			1,530
Impairment charge			$ 236,585

Property and Equipment - Schedu

Property and Equipment - Schedule of Property and Equipment, Net (Details) (10K) - USD ($)	Mar. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Property, Plant and Equipment [Abstract]
Equipment			$ 109,493
Computer			3,086
Leasehold improvements			242,091
Transaction verification servers			451,281
Total cost			805,951
Accumulated depreciation and amortization			(316,531)
Property and equipment, net			$ 489,420

Intangible Assets (Details Narr

Intangible Assets (Details Narrative) (10K) - USD ($)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Goodwill and Intangible Assets Disclosure [Abstract]
Intangible asset estimated useful life	3 years
Intangible asset amortization cost	$ 5,000	$ 5,000

Intangible Assets - Schedule of

Intangible Assets - Schedule of Finite-Lived Intangible Assets (Details) (10K) - USD ($)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Net Carrying Amount, Website, beginning	$ 6,075
Net Carrying Amount, Amortization expenses	5,000	$ 5,000
Net Carrying Amount, Website, ending	919	6,075
Finite-Lived Intangible Assets [Member]
Net Carrying Amount, Website, beginning	6,075	10,700
Net Carrying Amount, Amortization expenses	(5,156)	(4,625)
Net Carrying Amount, Website, ending	$ 919	$ 6,075	$ 10,700
Weighted average amortization period (years), Website	7 months 2 days	1 year 7 months 2 days	2 years 7 months 2 days

Investment at Cost (Details Nar

Investment at Cost (Details Narrative) (10K) - USD ($)	Dec. 15, 2015	May 12, 2015	May 12, 2015	Mar. 26, 2015	Jan. 19, 2015	Mar. 31, 2015	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014	Sep. 21, 2015
Impairment loss on fixed assets							$ 236,585
Minimum [Member]
Percentage of equity ownership										54.40%
Minimum [Member] | Spondoolies-Tech Ltd [Member]
Percentage of equity ownership										44.60%
Maximum [Member]
Percentage of equity ownership										55.40%
Maximum [Member] | Spondoolies-Tech Ltd [Member]
Percentage of equity ownership										45.60%
Coin Outlet [Member]
Percentage of equity ownership				4.20%
Spondoolies-Tech Ltd [Member]
Percentage of sale of price per shares		9.60%
Liquidation preference		$ 1,500,000	$ 1,500,000
Total investment							$ 2,300,000	$ 2,300,000
Spondoolies-Tech Ltd [Member] | Series B Preferred Stock [Member]
Number of preferred stock shares purchased	14,546
Number of preferred stock purchased	$ 750,000
Percentage of sale of price per shares	3.00%
Purchase Agreement [Member]
Bitcoin price index						$ 243.39			$ 319.70
Purchase Agreement [Member] | Previously Issued Option and Warrant [Member]
Percentage of equity ownership				11.00%
Purchase Agreement [Member] | Coin Outlet [Member]
Convertible promissory note principal					$ 100,000
Notes interest rate percentage					4.00%
Notes maturity date					Jan. 31, 2016
Gross proceeds from notes					$ 1,000,000
Change in price in the event of conversion					$ 6,000,000
Number of preferred stock shares purchased				166,756
Percentage of equity ownership				2.00%
Percentage of sale of price per shares					80.00%
Purchase Agreement [Member] | Coin Outlet Investment [Member]
Number of preferred stock shares purchased				701,966
Percentage of equity ownership				4.20%
Share Purchase Agreement [Member] | Spondoolies-Tech Ltd [Member] | Series B Preferred Stock [Member]
Number of preferred stock shares purchased		29,092
Number of preferred stock purchased		$ 1,500,000
Percentage of equity ownership		6.60%	6.60%
Preferred stock original issuance price per share		$ 51.56	$ 51.56
Preferred stock initial conversation price per share		$ 51.56	$ 51.56
Proceeds from issuance of public offering		$ 40,000,000
Letter Agreement [Member] | Spondoolies-Tech Ltd [Member]
Breakup fee payable			$ 50,000
Letter Agreement [Member] | Spondoolies-Tech Ltd [Member] | Board Of Directors Or Shareholders [Member]
Breakup fee payable			$ 1,000,000
Letter agreement period			3 years

Notes Payable (Details Narrativ

Notes Payable (Details Narrative)	Mar. 09, 2017USD ($)$ / shares	Aug. 02, 2016shares	Jun. 06, 2016USD ($)TradingDays$ / shares	Mar. 31, 2017USD ($)$ / sharesshares	Mar. 31, 2016USD ($)	Dec. 31, 2016USD ($)$ / sharesshares	Dec. 31, 2015USD ($)	Dec. 16, 2016shares	Jun. 30, 2015$ / shares	Dec. 31, 2014USD ($)
Number of common stock shares issued for conversion of debt | shares		12,146,820
Warrants issued to purchase common stock, par value | $ / shares									$ 0.31
Gain on extinguishment of debt				$ 15,873,067		$ 837,369
Derivative liabilities				5,079,807		23,231,938	$ 3,794,153
Convertible Notes, Warrant Liabilities, Shortfall Shares Liabilities and Liquidated Damages [Member]
Derivative liabilities				$ 90,200,000
Senior Convertible Notes [Member]
Debt instrument principal amount	$ 868,897
Debt maturity date	Sep. 16, 2016
Original issue discount percentage	5.00%
Notes interest rate percentage	10.00%
Junior Convertible Notes [Member]
Debt instrument principal amount	$ 175,000
Debt maturity date	Dec. 5, 2016
Original issue discount percentage	20.00%
Convertible Notes [Member]
Debt instrument principal amount	$ 220,002					$ 220,002
Debt maturity date	Jun. 6, 2017					Jun. 6, 2017
Original issue discount percentage	8.00%					8.00%
Senior Warrants [Member]
Warrants issued to purchase common stock, par value | $ / shares	$ 97,423,579					$ 97,423,579
Senior Warrants [Member] | Series B Convertible Preferred Stock [Member]
Warrants issued to purchase common stock, par value | $ / shares	$ 845,631					845,631
Institutional Investors [Member] | Junior Secured Convertible Notes [Member]
Percentage of beneficially own in excess of number of common stock shares outstanding			4.99%
Securities Purchase Agreement [Member] | Institutional Investors [Member] | Junior Secured Convertible Notes [Member]
Debt original amount			$ 375,000
Debt instrument principal amount			125,000
Proceeds from issuance of debt			$ 100,000
Percentage of original issuance of debt			20.00%
Debt default interest rate			24.00%
Debt maturity date			Dec. 5, 2016
Debt conversion price per share | $ / shares			$ 18
Debt convertible into common stock lowest closing price rate			60.00%
Debt trading days | TradingDays			20
Securities Purchase Agreement [Member] | Institutional Investors [Member] | Junior Secured Convertible Notes [Member] | On or Before 45 Days From The Initial Closing Date [Member]
Debt periodic amount			$ 125,000
Securities Purchase Agreement [Member] | Institutional Investors [Member] | Junior Secured Convertible Notes [Member] | On or Before 90 Days From The Initial Closing Date [Member]
Debt periodic amount			$ 125,000
Subscription Agreement [Member] | Senior Secured Convertible Notes [Member]
Debt conversion price per share | $ / shares				$ 0.025		$ 0.0252
Number of common stock shares issued for conversion of debt | shares				108,747,790		108,747,774
Number of warrant to purchase shares of common stock | shares				171,349,405		268,788,732		97,423,579

Notes Payable (Details Narrat56

Notes Payable (Details Narrative) (10K)	Mar. 09, 2017USD ($)$ / shares	Aug. 02, 2016shares	Jun. 06, 2016USD ($)TradingDays$ / shares	Dec. 16, 2015USD ($)$ / sharesshares	Jan. 19, 2015USD ($)	May 31, 2015USD ($)	Mar. 31, 2017USD ($)$ / sharesshares	Mar. 31, 2016USD ($)	Dec. 31, 2016USD ($)$ / sharesshares	Dec. 31, 2015USD ($)	Dec. 16, 2016shares	Jun. 30, 2015$ / shares	Apr. 30, 2015$ / shares
Warrants issued to purchase common stock, par value | $ / shares												$ 0.31
Fair value adjustments for warrant liabilities							$ (33,172,886)	$ 497,233	$ (25,266,593)	$ 482,666
Number of common stock shares issued for conversion of debt | shares		12,146,820
Derivative liabilities for shortfall of shares									$ 14,915,419
Senior Notes [Member]
Notes interest rate percentage									10.00%
Debt maturity date									Sep. 16, 2016
Debt instrument principal amount									$ 868,897
Original issue discount percentage									5.00%
Junior Notes [Member]
Debt maturity date									Dec. 5, 2016
Debt instrument principal amount									$ 175,000
Original issue discount percentage									20.00%
Convertible Notes [Member]
Debt maturity date	Jun. 6, 2017								Jun. 6, 2017
Debt instrument principal amount	$ 220,002								$ 220,002
Original issue discount percentage	8.00%								8.00%
Senior Warrants [Member]
Warrants issued to purchase common stock, par value | $ / shares	$ 97,423,579								$ 97,423,579
Senior Warrants [Member] | Series B Convertible Preferred Stock [Member]
Warrants issued to purchase common stock, par value | $ / shares	$ 845,631								$ 845,631
Institutional Investors [Member] | Junior Secured Convertible Notes [Member]
Percentage of beneficially own in excess of number of common stock shares outstanding			4.99%
Securities Purchase Agreement [Member]
Aggregate subscription				$ 1,450,000
Securities Purchase Agreement [Member] | Institutional Investors [Member] | Junior Secured Convertible Notes [Member]
Debt maturity date			Dec. 5, 2016
Debt instrument principal amount			$ 125,000
Debt conversion price per share | $ / shares			$ 18
Debt original amount			$ 375,000
Percentage of original issuance of debt			20.00%
Proceeds from issuance of debt			$ 100,000
Debt default interest rate			24.00%
Debt convertible into common stock lowest closing price rate			60.00%
Debt trading days | TradingDays			20
Subscription Agreement [Member] | Senior Secured Convertible Notes [Member]
Number of warrant to purchase shares of common stock | shares							171,349,405		268,788,732		97,423,579
Debt conversion price per share | $ / shares							$ 0.025		$ 0.0252
Number of common stock shares issued for conversion of debt | shares							108,747,790		108,747,774
Senior Secured Convertible Notes [Member]
Notes interest rate percentage				10.00%
Debt instrument principal amount				$ 1,450,000
Original issue discount percentage				5.00%
Number of warrant to purchase shares of common stock | shares				112,778
Warrants issued to purchase common stock, par value | $ / shares				$ 0.001
Warrants issued to purchase common stock, exercise price | $ / shares				$ 22.50
Amount received in transaction				$ 1,377,500
Original issue discount percentage				5.00%
Notes interest rate percentage in event of default				24.00%
Debt conversion price per share | $ / shares				$ 18
Percentage of amortization payment				120.00%
Percentage of beneficially own in excess of number of common stock shares outstanding				4.99%
Percentage of beneficially own in excess of common stock				9.99%
Loss recorded on issuance of convertible notes				$ 952,060
Initial exercise price per share | $ / shares				$ 22.50
Fair value adjustments for warrant liabilities				$ 537,152
Hybrid Instrument [Member]
Fair value of debt instrument				$ 1,777,408
On or Before 45 Days From The Initial Closing Date [Member] | Securities Purchase Agreement [Member] | Institutional Investors [Member] | Junior Secured Convertible Notes [Member]
Debt periodic amount			$ 125,000
On or Before 90 Days From The Initial Closing Date [Member] | Securities Purchase Agreement [Member] | Institutional Investors [Member] | Junior Secured Convertible Notes [Member]
Debt periodic amount			$ 125,000
May 31, 2017 [Member]
Debt instrument principal amount									$ 45,000
Debt periodic amount									$ 54,000
Derivative Liabilities [Member]
Notes interest rate percentage					2.00%
Debt maturity date					Dec. 31, 2015
Michal Handerhan [Member]
Related party advances					$ 20,000
Repayment of note						$ 20,000
Warrants issued to purchase common stock, par value | $ / shares													$ 30
Timothy Sidie [Member]
Related party advances					$ 45,000

Stock Based Compensation (Detai

Stock Based Compensation (Details Narrative) (10K) - USD ($)	Jul. 02, 2015	Dec. 31, 2016	Dec. 31, 2015	Mar. 31, 2017	Dec. 31, 2014
Number of common stock are issuable					258,395
Common stock par value		$ 0.001	$ 0.001	$ 0.001
Stock-based compensation expense			$ 6,383,772
Charles Allen [Member]
Aggregate shares options to purchase	207,500
Common stock par value	$ 0.001
Common stock, exercise price per share	$ 6
Unrecognized compensation cost	$ 3,629,804
Michal Handerhan [Member]
Aggregate shares options to purchase	207,500
Common stock par value	$ 0.001
Common stock, exercise price per share	$ 6
Unrecognized compensation cost	$ 3,629,804

Stock Based Compensation - Sche

Stock Based Compensation - Schedule of Stock Option Activity (Details) (10K)	12 Months Ended
	Dec. 31, 2015USD ($)$ / sharesshares
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Number of options, outstanding at beginning of period | shares	207,500
Number of options, cancelled | shares	(207,500)
Number of options, outstanding at end of period | shares
Weighted Average Exercise Price, outstanding at beginning of period	$ 6
Weighted Average Exercise Price, Cancelled	6
Weighted Average Exercise Price, outstanding at end of period
Weighted Average Grant Date Fair Value per Share, Outstanding at beginning of period	0.60
Weighted Average Grant Date Fair Value per Share, Cancelled	$ 0.60
Average Remaining Contractual Life, Outstanding at beginning of period	8 years
Average Remaining Contractual Life, Outstanding at end of period	0 years
Average Intrinsic Value beginning of period | $
Average Intrinsic Value end of period | $

Employment Agreements (Details

Employment Agreements (Details Narrative) (10K) - USD ($)	Jul. 02, 2015	Feb. 05, 2014	Dec. 31, 2016	Jun. 30, 2015	Apr. 30, 2015
Common stock exercise price per share				$ 0.31
Charles W. Allen [Member] | June 22, 2017 [Member]
Employment agreement term			2 years
Annual salary			$ 245,000
Compensation			500
Charles W. Allen [Member] | June 22, 2017 [Member] | Office Space [Member]
Compensation			$ 500
Charles W. Allen [Member] | 2014 Plan [Member]
Common stock purchase	158,334
Common stock exercise price per share	$ 6
Mr. Handerhan [Member] | 2014 Plan [Member]
Common stock purchase	49,167
Common stock exercise price per share	$ 6
Michal Handerhan [Member]
Common stock exercise price per share					$ 30
Diluted capital stock percentage		25.00%
Michal Handerhan [Member] | June 22, 2017 [Member]
Employment agreement term			2 years
Annual salary			$ 190,000
Compensation			500
Michal Handerhan [Member] | June 22, 2017 [Member] | Office Space [Member]
Compensation			$ 500

Commitments and Contingencies (

Commitments and Contingencies (Details Narrative) (10K) - Sub-lease Agreement [Member] - USD ($)	7 Months Ended	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2016	May 31, 2016
Future minimum lease payment			$ 12,000
Operating lease rental expense	$ 500
Mr. Allen and Mr. Handerhan [Member]
Payment to cover pocket expenses		$ 500

North Carolina Facility (Detail

North Carolina Facility (Details Narrative) (10K) - USD ($)	Aug. 08, 2016	Jul. 20, 2016	Dec. 31, 2016	Jan. 28, 2015
North Carolina Facility
Annual rental fee first year				$ 58,271
Annual rental fee second year				66,750
Option, purchase price				775,000
North Carolina transaction, description	165 Bitmain transaction verification servers leased from CSC were stolen.	The recent reduction in the block reward from 25 bitcoins to 12.5 bitcoins, often referred to as the halving, coupled with the facilities cooling system failing, has resulted in DM being unable to meet certain of its financial commitments.
Security deposit				$ 10,000
Prepaid expenses of fixed minimum lease payment			$ 85,000

Income Taxes (Details Narrative

Income Taxes (Details Narrative) (10K)	12 Months Ended
	Dec. 31, 2016USD ($)
Income Tax Disclosure [Abstract]
Net operating loss carry forwards for federal and state tax	$ 7,900,000
Operating loss carry forwards expiration years	2,036
Valuation allowance decreased approximately	$ 6,100,000

Income Taxes - Schedule of Defe

Income Taxes - Schedule of Deferred Tax Assets (Details) (10K) - USD ($)	Dec. 31, 2016	Dec. 31, 2015
Income Tax Disclosure [Abstract]
Net-operating loss carryforward	$ 3,116,646	$ 1,177,872
Stock-based compensation		7,695,805
Other	1,478	316,736
Total Deferred Tax Assets	3,118,124	9,190,413
Valuation allowance	(3,118,124)	(9,190,413)
Deferred Tax Asset, Net of Allowance

Income Taxes - Schedule of Inco

Income Taxes - Schedule of Income Tax Provision (Details) (10K) - USD ($)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Income Tax Disclosure [Abstract]
Federal Current
Federal Deferred		3,066,159
State Current
State Deferred	3,118,124	491,036
Valuation allowance	(3,118,124)	(3,557,196)
Income tax provision

Income Taxes - Schedule of In65

Income Taxes - Schedule of Income Tax Rate (Details) (10K)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Income Tax Disclosure [Abstract]
Statutory Federal Income Tax Rate	(34.00%)	(34.00%)
State Taxes, Net of Federal Tax Benefit	(5.40%)	(5.40%)
Other		4.20%
Change in Valuation Allowance	39.40%	35.20%
Income Taxes Provision (Benefit)	0.00%	0.00%

Subsequent Events (Details Narr

Subsequent Events (Details Narrative) - USD ($)	Apr. 26, 2017	Feb. 17, 2015	Mar. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Debt onetime payment		$ 3,000
Common Stock [Member]
Number of shares convertible into common stock					36,667
Subsequent Event [Member]
Warrant exercise price per share			$ 0.085	$ 0.085
Additional warrant exercisable			15,714,288 Additional Warrants exercisable at $0.085 per share, subject to adjustment, over a period which is the earlier of (i) one-year after the effective date of a registration statement covering the warrant shares, or (ii) three years from the date of issuance. The Additional Warrants are callable by the Company for nominal consideration if the common stock trades above $0.17 per share and the daily volume is more than $50,000 for at least 20 trading days;	15,714,288 Additional Warrants exercisable at $0.085 per share, subject to adjustment, over a period which is the earlier of (i) one-year after the effective date of a registration statement covering the warrant shares, or (ii) three years from the date of issuance. The Additional Warrants are callable by the Company for nominal consideration if the common stock trades above $0.17 per share and the daily volume is more than $50,000 for at least 20 trading days;
Subsequent Event [Member] | Series A Warrants [Member]
Warrant exercise price per share			$ 0.085	$ 0.085
Warrant term				5 years
Subsequent Event [Member] | Settlement Agreement [Member] | Pickwick Capital Partners, LLC [Member]
Number of common stock shares issued value	$ 125,000
Subsequent Event [Member] | Bonus Warrants [Member]
Number of shares convertible into common stock			15,714,288
Warrant exercise price per share			$ 0.17	$ 0.17
Warrant term			3 years	3 years
Minimum nominal consideration threshold price per share			$ 0.30	$ 0.30
Subsequent Event [Member] | Between April 1, 2017 and August 9, 2017 [Member]
Number of common stock shares issued			20,099,018
Cashless exercise of warrant			30,486,990
Subsequent Event [Member] | Between April 1, 2017 and August 9, 2017 [Member] | Common Stock [Member]
Number of common stock shares issued			31,862,600
Cashless exercise of warrant			159,313
Subsequent Event [Member] | May 25, 2017 [Member]
Number of shares convertible into common stock			15,873,600	15,873,600
Convertible preferred stock price per share			$ 0.063	$ 0.063
Stock conversion description				The Series C is convertible at $0.7 per share or approximately $0.063 per share after giving effect to the additional $111,111, subject to reduction in the event of future sales of equity securities and common stock equivalents (with customary exemptions) at a lower price.
Registration statement transanction description				The registration statement will cover 47,302,176 shares of common underlying the Series A Warrants, Additional Warrants, and Bonus Warrants
Warrant term			5 years
Subsequent Event [Member] | May 25, 2017 [Member] | Series C Convertible Preferred Stock [Member]
Convertible preferred stock issuance upon conversion			1,111,111	1,111,111
Number of shares convertible into common stock			79,368	79,368
Convertible preferred stock price per share			$ 0.7	$ 0.7
Subsequent Event [Member] | May 25, 2017 [Member] | Institutional Investors [Member]
Increase in cash			$ 1,000,000	$ 1,000,000
Subsequent Event [Member] | May 31, 2017 [Member] | Promissory Note [Member]
Debt face amount			45,000	45,000
Debt onetime payment			$ 54,000	$ 54,000

Subsequent Events (Details Na67

Subsequent Events (Details Narrative)(10K) - USD ($)	Apr. 26, 2017	Mar. 22, 2017	Mar. 09, 2017	Feb. 28, 2017	Feb. 13, 2017	Feb. 17, 2015	Mar. 31, 2017	Dec. 31, 2016	Mar. 15, 2017	Aug. 02, 2016	Dec. 31, 2015
Common stock shares issued							41,924,720	16,095,929		16,095,929	2,841,342
Reverse stock split					1-for-60		1-for-60	1-for-60
Common stock shares authorized							975,000,000	975,000,000			16,250,000
Preferred stock, shares issued									1,160,941
Preferred stock, par value							$ 0.001	$ 0.001	$ 0.001		$ 0.001
Debt onetime payment						$ 3,000
January Agreement [Member]
Number of warrant shares issued			30,130,861
Common stock shares authorized			12,052,344
Preferred stock, shares issued			210,919
April Agreement [Member]
Number of warrant shares issued			28,154,980
Common stock shares authorized			20,110,699
Preferred stock, shares issued			104,391
CSC Agreement [Member]
Number of common stock shares issued		833,333
Number of common stock shares issued value		$ 61,667
Series C Convertible Preferred Stock [Member]
Preferred stock, shares issued								0			0
Junior Convertible Notes [Member]
Debt instrument principal amount			$ 175,000
Notes due date			Dec. 5, 2016
Convertible Notes [Member]
Debt instrument principal amount			$ 220,002					$ 220,002
Notes due date			Jun. 6, 2017					Jun. 6, 2017
Subsequent Event [Member]
Common stock shares issued				4,370
Reverse stock split				60:1 reverse stock split
Number of warrant shares issued								15,714,288
Preferred stock, shares issued									1,108,861
Preferred stock, par value									$ 0.001
Warrant exercise price per share							$ 0.085	$ 0.085
Additional warrant exercisable							15,714,288 Additional Warrants exercisable at $0.085 per share, subject to adjustment, over a period which is the earlier of (i) one-year after the effective date of a registration statement covering the warrant shares, or (ii) three years from the date of issuance. The Additional Warrants are callable by the Company for nominal consideration if the common stock trades above $0.17 per share and the daily volume is more than $50,000 for at least 20 trading days;	15,714,288 Additional Warrants exercisable at $0.085 per share, subject to adjustment, over a period which is the earlier of (i) one-year after the effective date of a registration statement covering the warrant shares, or (ii) three years from the date of issuance. The Additional Warrants are callable by the Company for nominal consideration if the common stock trades above $0.17 per share and the daily volume is more than $50,000 for at least 20 trading days;
Subsequent Event [Member] | Between March 15, 2017 and June 5, 2017 [Member]
Number of common stock shares issued								24,628,136
Cashless exercise of warrant								37,948,307
Subsequent Event [Member] | Between March 28, 2017 and June 8, 2017 [Member]
Number of common stock shares issued								32,402,600
Subsequent Event [Member] | May 25, 2017 [Member]
Number of shares convertible into common stock							15,873,600	15,873,600
Convertible preferred stock price per share							$ 0.063	$ 0.063
Stock conversion description								The Series C is convertible at $0.7 per share or approximately $0.063 per share after giving effect to the additional $111,111, subject to reduction in the event of future sales of equity securities and common stock equivalents (with customary exemptions) at a lower price.
Registration statement transanction description								The registration statement will cover 47,302,176 shares of common underlying the Series A Warrants, Additional Warrants, and Bonus Warrants
Warrant term							5 years
Subsequent Event [Member] | May 25, 2017 [Member] | Institutional Investors [Member]
Increase in cash							$ 1,000,000	$ 1,000,000
Subsequent Event [Member] | May 31, 2017 [Member] | Promissory Note [Member]
Debt instrument principal amount							45,000	45,000
Debt onetime payment							$ 54,000	54,000
Subsequent Event [Member] | January Agreement [Member]
Number of warrant shares issued			30,130,861
Common stock shares authorized			12,052,344
Preferred stock, shares issued			210,919
Subsequent Event [Member] | April Agreement [Member]
Number of warrant shares issued			28,154,980
Common stock shares authorized			20,110,699
Preferred stock, shares issued			52,311
Subsequent Event [Member] | CSC Agreement [Member]
Number of common stock shares issued		833,333
Number of common stock shares issued value		$ 200,000
Subsequent Event [Member] | Settlement Agreement [Member] | Pickwick Capital Partners, LLC [Member]
Number of common stock shares issued value	$ 125,000
Subsequent Event [Member] | Settlement Agreement [Member] | April 26, 2017 [Member] | Pickwick Capital Partners, LLC [Member]
Number of common stock shares issued value								$ 125,000
Subsequent Event [Member] | Series B Convertible Preferred Stock [Member]
Number of warrant shares issued			845,631
Subsequent Event [Member] | Series B Convertible Preferred Stock [Member] | Between March 28, 2017 and June 8, 2017 [Member]
Number of common stock shares issued upon conversion								162,013
Subsequent Event [Member] | Series C Convertible Preferred Stock [Member] | May 25, 2017 [Member]
Convertible preferred stock issuance upon conversion							1,111,111	1,111,111
Number of shares convertible into common stock							79,368	79,368
Convertible preferred stock price per share							$ 0.7	$ 0.7
Subsequent Event [Member] | Series A Warrants [Member]
Number of warrant shares issued								15,873,600
Warrant exercise price per share							$ 0.085	$ 0.085
Warrant term								5 years
Subsequent Event [Member] | Senior Warrants [Member]
Number of warrant shares issued			97,423,579
Subsequent Event [Member] | Bonus Warrants [Member]
Number of warrant shares issued								15,714,288
Number of shares convertible into common stock							15,714,288
Warrant exercise price per share							$ 0.17	$ 0.17
Warrant term							3 years	3 years
Minimum nominal consideration threshold price per share							$ 0.30	$ 0.30
Subsequent Event [Member] | Senior Convertible Note [Member ]
Original issue discount			10.00%
Note issuance date			Dec. 31, 2015
Notes due date			Sep. 16, 2016
Subsequent Event [Member] | Junior Convertible Notes [Member]
Debt instrument principal amount			$ 175,000
Original issue discount			20.00%
Note issuance date			Jun. 30, 2016
Notes due date			Dec. 5, 2016
Subsequent Event [Member] | Convertible Notes [Member]
Debt instrument principal amount			$ 220,002
Original issue discount			8.00%
Note issuance date			Dec. 31, 2016
Notes due date			Jun. 6, 2017
Subsequent Event [Member] | Note Holders [Member]
Debt instrument principal amount			$ 868,897
Original issue discount			5.00%