Marathon Digital (MARA) 10-K 24 Mar 20 2019 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($)	12 Months Ended
	Dec. 31, 2019	Mar. 23, 2020	Jun. 30, 2019
Document And Entity Information
Entity Registrant Name	Marathon Patent Group, Inc.
Entity Central Index Key	0001507605
Document Type	10-K
Document Period End Date	Dec. 31, 2019
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filer	No
Entity Reporting Status Current	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business Flag	true
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Public Float			$ 0
Entity Common Stock, Shares Outstanding		8,458,781
Document Fiscal Period Focus	FY
Document Fiscal Year Focus	2019

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($)	Dec. 31, 2019	Dec. 31, 2018
Current assets:
Cash and cash equivalents	$ 692,963	$ 2,551,171
Digital currencies	1,141
Prepaid expenses and other current assets	800,024	464,006
Total current assets	1,494,128	3,015,177
Other assets:
Property and equipment, net of accumulated depreciation and impairment charges of $6,157,786 and $4,338,931 for December 31, 2019 and 2018, respectively	3,754,969	1,034,575
Right-of-use assets	297,287
Intangible assets, net of accumulated amortization of $136,422 and $65,245 for December 31, 2019 and 2018, respectively	1,073,578	1,144,755
Total other assets	5,125,834	2,179,330
TOTAL ASSETS	6,619,962	5,194,507
Current liabilities:
Accounts payable and accrued expenses	1,238,197	1,235,444
Mining servers payable	513,700
Current portion of lease liability	87,959
Warrant liability	12,849	39,083
Convertible notes payable		999,106
Total current liabilities	1,852,705	2,273,633
Long-term liabilities
Convertible notes payable	999,106
Lease liability	120,479
Total long-term liabilities	1,119,585
Total liabilities	2,972,290	2,273,633
Commitments and Contingencies
Stockholders' Equity:
Preferred stock, $0.0001 par value, 50,000,000 shares authorized, no shares issued and outstanding at December 31, 2019 and 2018, respectively
Common stock, $0.0001 par value; 200,000,000 shares authorized; 8,458,781 and 6,379,992 issued and outstanding at December 31, 2019 and 2018, respectively	846	638
Additional paid-in capital	109,705,051	105,461,396
Accumulated other comprehensive loss	(450,719)	(450,719)
Accumulated deficit	(105,607,506)	(102,090,441)
Total stockholders' equity	3,647,672	2,920,874
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$ 6,619,962	$ 5,194,507

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($)	Dec. 31, 2019	Dec. 31, 2018
Statement of Financial Position [Abstract]
Accumulated depreciation of property and equipment	$ 6,157,786	$ 4,338,931
Accumulated amortization of intangible assets	$ 136,422	$ 65,245
Preferred stock, par value	$ 0.0001	$ 0.0001
Preferred stock, shares authorized	50,000,000	50,000,000
Preferred stock, shares issued
Preferred stock, shares outstanding
Common stock, par value	$ 0.0001	$ 0.0001
Common stock, shares authorized	200,000,000	200,000,000
Common stock, shares issued	8,458,781	6,379,992
Common stock, shares outstanding	8,458,781	6,379,992

Consolidated Statements of Oper

Consolidated Statements of Operations and Comprehensive Loss - USD ($)	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Revenues
Total revenues	$ 1,185,227	$ 1,562,372
Operating costs and expenses
Cost of revenue	2,482,181	3,351,758
Impairment of mining equipment		2,222,688
Impairment of leasehold improvements	447,776
Compensation and related taxes	1,475,450	1,984,301
Consulting fees	130,813	639,094
Professional fees	422,335	1,216,820
General and administrative	465,783	1,374,047
Break-up fee - issuance of shares to GBV		2,850,000
Total operating expenses	5,424,338	13,638,708
Operating loss	(4,239,111)	(12,076,336)
Other income (expenses)
Gain from extinguishment of debt	181,995	112,471
Foreign exchange (loss) gain	(11,873)	28,918
Realized gain (loss) on sale of digital currencies	36,092	(152,485)
Change in fair value of warrant liability	26,234	1,699,522
Change in fair value of mining payable	507,862
Amortization of debt discount		(2,290,028)
Interest income	33,651	14,230
Interest expense	(51,915)	(81,482)
Total other income (expenses)	722,046	(668,854)
Loss before income taxes	(3,517,065)	(12,745,190)
Income tax expense		(69,134)
Net loss attributable to common stockholders	$ (3,517,065)	$ (12,814,324)
Net loss per share, basic and diluted:	$ (0.53)	$ (2.41)
Weighted average shares outstanding, basic and diluted:	6,664,238	5,315,944
Net loss	$ (3,517,065)	$ (12,814,324)
Other comprehensive income:
Unrealized gain on foreign currency translation		15
Comprehensive loss attributable to Marathon Patent Group, Inc.	(3,517,065)	(12,814,309)
Cryptocurrency Mining Revenue [Member]
Revenues
Total revenues	1,185,227	1,495,402
Other Revenue [Member]
Revenues
Total revenues		$ 66,970

Consolidated Statements of Stoc

Consolidated Statements of Stockholders Equity - USD ($)	Preferred Stock [Member]	Common Stock [Member]	Additional Paid-in Capital [Member]	Accumulated Deficit [Member]	Accumulated Other Comprehensive Income (Loss) [Member]	Total
Beginning balance at Dec. 31, 2017	$ 1	$ 312	$ 97,114,659	$ (89,276,117)	$ (450,734)	$ 7,388,121
Beginning balance, shares at Dec. 31, 2017	1,378	3,119,452
Stock based compensation		$ 11	1,425,672			1,425,683
Stock based compensation, shares		110,850
Conversion of Series E preferred stock	$ (1)	$ 138	(137)
Conversion of Series E preferred stock, shares	(1,378)	1,377,886
Common stock issued for acquisition of patents		$ 6	959,994			960,000
Common stock issued for acquisition of patents, shares		62,500
Issue common stock for exercise of warrants			55,791			55,791
Issue common stock for exercise of warrants, shares		4,433
Common stock issuance related to note conversion		$ 96	3,055,492			3,055,588
Common stock issuance related to note conversion, shares		954,871
Break-up fee - issuance of shares to GBV		$ 75	2,849,925			2,850,000
Break-up fee - issuance of shares to GBV, shares		750,000
Currency translation gain					15	15
Issuance of common stock, net of offering costs/At-the-market offering
Net Loss				(12,814,324)		(12,814,324)
Ending balance at Dec. 31, 2018		$ 638	105,461,396	(102,090,441)	(450,719)	2,920,874
Ending balance, shares at Dec. 31, 2018		6,379,992
Stock based compensation		$ 15	933,667			933,682
Stock based compensation, shares		150,000
Par value adjustment and additional shares issued due to reverse split		$ 1	(1)
Par value adjustment and additional shares issued due to reverse split, shares		5,413
Issuance of common stock, net of offering costs/At-the-market offering		$ 17	245,477			$ 245,494
Issuance of common stock, net of offering costs/At-the-market offering, shares		172,126				474,808
Common stock issued for purchase of mining servers		$ 175	3,064,512			$ 3,064,687
Common stock issued for purchase of mining servers, shares		1,751,250
Net Loss				(3,517,065)		(3,517,065)
Ending balance at Dec. 31, 2019		$ 846	$ 109,705,051	$ (105,607,506)	$ (450,719)	$ 3,647,672
Ending balance, shares at Dec. 31, 2019		8,458,781

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($)	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
CASH FLOWS FROM OPERATING ACTIVITIES
Net loss	$ (3,517,065)	$ (12,814,324)
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation	923,304	2,003,695
Amortization of patents and website	71,177	66,017
Realized (gain) loss on sale of digital currencies	(36,092)	152,485
Change in fair value of warrant liability	(26,234)	(1,699,522)
Change in fair value of mining payable	(507,862)
Impairment of mining equipment		2,222,688
Impairment of leasehold improvements	447,776
Stock based compensation	933,682	1,425,683
Amortization of debt discount		2,290,028
Amortization of right-of-use assets	82,840
Bad debt allowance		6,826
Break-up fee - issuance of shares to GBV		2,850,000
Changes in operating assets and liabilities:
Digital currencies	(1,185,227)	(1,495,402)
Lease liability	(72,548)
Litigation liability		(2,150,000)
Prepaid expenses and other assets	(435,159)	(371,151)
Accounts payable and accrued expenses	2,753	(725,594)
Net cash used in operating activities	(3,318,655)	(8,238,571)
CASH FLOWS FROM INVESTING ACTIVITIES
Sale of digital currencies	1,220,178	1,342,917
Acquisition of patents		(250,000)
Purchase of property and equipment	(5,225)	(5,251,719)
Net cash provided by (used in) investing activities	1,214,953	(4,158,802)
CASH FLOWS FROM FINANCING ACTIVITIES
Proceeds from issuance of common stock/At-the-market offering	255,893
Offering costs for the issuance of common stock/At-the-market offering	(10,399)
Net cash provided by financing activities	245,494
Effect of foreign exchange rate changes		15
Net decrease in cash and cash equivalents	(1,858,208)	(12,397,358)
Cash and cash equivalents - beginning of period	2,551,171	14,948,529
Cash and cash equivalents - end of period	692,963	2,551,171
SUPPLEMENTAL CASH FLOW INFORMATION
Cash paid for interest expense
Cash paid during the year for income taxes
Supplemental schedule of non-cash investing and financing activities:
Par value adjustment due to reverse split	1
Conversion of Series E Preferred Stock to common stock		551
Common stock issued for acquisition of patents		960,000
Common stock issued for purchase of assets	3,064,687
Common stock issued for note conversion		3,055,588
Restricted stock issuance	15	44
Mining servers payable	1,021,562
Warrants exercised into common shares		$ 55,791

Organization and Description of

Organization and Description of Business	12 Months Ended
	Dec. 31, 2019
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Organization and Description of Business	NOTE 1 - ORGANIZATION AND DESCRIPTION OF BUSINESS Organization Marathon Patent Group, Inc. (the “Company”) was incorporated in the State of Nevada on February 23, 2010 under the name Verve Ventures, Inc. On December 7, 2011, the Company changed its name to American Strategic Minerals Corporation and were engaged in exploration and potential development of uranium and vanadium minerals business. In June 2012, the Company discontinued the minerals business and began to invest in real estate properties in Southern California. In October 2012, the Company discontinued its real estate business when the former CEO joined the firm and the Company commenced IP licensing operations, at which time the Company’s name was changed to Marathon Patent Group, Inc. On November 1, 2017, the Company entered into a merger agreement with Global Bit Ventures, Inc. (“GBV”), which is focused on mining digital assets. The Company purchased cryptocurrency mining machines and established a data center in Canada to mine digital assets. The Company expanded its activities in the mining of new digital assets, while at the same time harvesting the value of its remaining IP assets. In order to streamline and create efficiencies, we outsource most of our operations to service providers, and our Granby facility and its bitcoin mining operations are provided by Block Maintain, Inc. Additionally, 24 hour security at our facility is provided by Securitas Canada, and financial operations are provided by Chord Advisors, LLC. The Company’s Board of Directors adopted the reverse stock split approved by its shareholders at its December 2018 Board Meeting. Upon the effectiveness of the reverse stock split, every four shares of issued and outstanding common stock before the open of business on April 8, 2019 was combined into one issued and outstanding share of common stock, with no change in par value per share. On January 1, 2018, our Board adopted the 2018 Equity Incentive Plan, subsequently approved by the stockholders on March 7, 2018, pursuant to which up to 625,000 shares of common stock, stock options, restricted stock, preferred stock, stock-based awards and other awards are reserved for issuance as awards to employees, directors, consultants, advisors and other service providers. On May 21, 2019, the Company received notice from the Nasdaq Capital Market (the “Capital Market”) that the Company has failed to maintain a minimum of $2,500,000 in stockholders’ equity for continued listing as required under Listing Rule 5550(b)(1) as its Form 10-Q for the period ended March 31, 2019 reported stockholders’ equity of $2,158,192. On July 23, 2019, we announced Nasdaq approved the Company’s plan to regain compliance, and the Company was required to file its Form 10-Q for the period ending September 30, 2019 with the SEC on or before November 13, 2019, which it did, evidencing compliance with the stockholders’ equity requirement. On September 30, 2019, the Company consummated the purchase of 6000 S-9 Bitmain 13.5 TH/s Bitcoin Antminers (“Miners”) from SelectGreen Blockchain Ltd., a British Columbia corporation, for which the purchase price was $4,086,250 or 2,335,000 shares of its common stock at a price of $1.75 per share. As a result of an exchange cap requirement imposed in conjunction with the Company’s Listing of Additional Shares application filed with Nasdaq to the transaction, the Company issued 1,276,442 shares of its common stock which represented $2,233,773 of the $4,086,250 (constituting 19.9% of the issued and outstanding shares on the date of the Asset Purchase Agreement) and upon the receipt of shareholder approval, at the Annual Shareholders Meeting to be held on November 15, 2019, the Company can issue the balance of the 1,058,558 unregistered common stock shares. The shareholders did approve the issuance of the additional shares at the Annual Shareholders Meeting. The Company has issued an additional 474,808 at $0.90 per share. The $513,700 set forth on the balance sheet for mining servers payable reflects the fair value of 583,750 shares to be issued at $0.88 per share to conclude the purchase of the Miners at December 31, 2019. The Company recorded change in fair value of mining payable of $507,862 during the year ended December 31, 2019. There is no requirement for the Company to make a payment in cash in lieu of issuing the remaining shares. Going Concern The Company’s consolidated financial statements have been prepared assuming that it will continue as a going concern, which contemplates continuity of operations, realization of assets, and liquidation of liabilities in the normal course of business. As reflected in the consolidated financial statements, the Company had an accumulated deficit of approximately $105.6 million at December 31, 2019, a net loss of approximately $3.5 million and approximately $3.3 million net cash used in operating activities for the year ended December 31, 2019. These factors raise substantial doubt about the Company’s ability to continue as a going concern. Based on the Company’s current revenue and profit projections, management is uncertain that the Company’s existing cash will be sufficient to fund its operations through at least the next twelve months from the issuance date of the consolidated financial statements, raising substantial doubt regarding the Company’s ability to continue operating as a going concern. If we do not meet our revenue and profit projections or the business climate turns negative, then we will need to: ● raise additional funds to support the Company’s operations; provided, however, there is no assurance that the Company will be able to raise such additional funds on acceptable terms, if at all. If the Company raises additional funds by issuing securities, existing stockholders may be diluted; and ● review strategic alternatives. If adequate funds are not available, we may be required to curtail our operations or other business activities or obtain funds through arrangements with strategic partners or others that may require us to relinquish rights to certain technologies or potential markets. The accompanying consolidated financial statements do not include any adjustments related to the recoverability and classification of asset amounts or the classification of liabilities that might be necessary should the Company be unable to continue as a going concern.

Summary of Significant Accounti

Summary of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2019
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Basis of Presentation and Principles of Consolidation The accompanying consolidated financial statements include the accounts of the Company’s subsidiaries, Marathon Crypto Mining, Inc., Crypto Currency Patent Holding Company and Soems Acquisition Corp. For consolidated entities where the Company owns less than 100% of the subsidiary, the Company records net loss attributable to non-controlling interests in its consolidated statements of operations equal to the percentage of the economic or ownership interest retained in such entities by the respective non-controlling parties. The Company’s consolidated financial statements include the accounts of the Company and its subsidiaries. All intercompany balances and transactions have been eliminated. Use of Estimates and Assumptions The preparation of financial statements in conformity with US GAAP requires management 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 and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Significant estimates made by management include, but are not limited to, estimating the useful lives of patent assets and fixed assets, the assumptions used to calculate fair value of warrants and options granted, realization of long-lived assets, deferred income taxes, unrealized tax positions and the realization of digital currencies. Cash and Cash Equivalents The Company considers all highly liquid debt instruments and other short-term investments with maturity of three months or less, when purchased, to be cash equivalents. The Company maintains cash and cash equivalent balances at one financial institution that is insured by the Federal Deposit Insurance Corporation. The Company’s accounts at this institution are insured, up to $250,000, by the Federal Deposit Insurance Corporation (“FDIC”). For the years ended December 31, 2019 and 2018, the Company’s bank balances exceeded the FDIC insurance limit. To reduce its risk associated with the failure of such financial institution, the Company evaluates at least annually the rating of the financial institution in which it holds deposits. As of December 31, 2019 and 2018, the Company did not have any cash equivalents. Segment Reporting Operating segments are defined as components of an enterprise about which separate financial information is available that is evaluated regularly by the chief operating decision maker, or decision–making group in deciding how to allocate resources and in assessing performance. Our chief operating decision–making group (“CODM”) is composed of the chief executive officer and chief financial officer. The Company currently operates in the Digital Currency Blockchain segment. The Company’s Crypto-currency Machines are located in Canada and United States and the Company has employees only in the United States and views its operations as one operating segment as the CODM reviews financial information on a consolidated basis in making decisions regarding resource allocations and assessing performance. Digital Currencies Digital currencies are included in current assets in the consolidated balance sheets. Digital currencies are recorded at cost less impairment. An intangible asset with an indefinite useful life is not amortized but assessed for impairment annually, or more frequently, when events or changes in circumstances occur indicating that it is more likely than not that the indefinite-lived asset is impaired. Impairment exists when the carrying amount exceeds its fair value. In testing for impairment, the Company has the option to first perform a qualitative assessment to determine whether it is more likely than not that an impairment exists. If it is determined that it is not more likely than not that an impairment exists, a quantitative impairment test is not necessary. If the Company concludes otherwise, it is required to perform a quantitative impairment test. To the extent an impairment loss is recognized, the loss establishes the new cost basis of the asset. Subsequent reversal of impairment losses is not permitted. The following table presents the activities of the digital currencies for the years ended December 31, 2019 and 2018: Digital currencies at December 31, 2017 $ - Additions of digital currencies 1,495,402 Realized loss on sale of digital currencies (152,485 ) Sale of digital currencies (1,342,917 ) Digital currencies at December 31, 2018 - Additions of digital currencies 1,185,227 Realized gain on sale of digital currencies 36,092 Sale of digital currencies (1,220,178 ) Digital currencies at December 31, 2019 $ 1,141 Crypto-currency Machines Management has assessed the basis of depreciation of the Company’s Crypto-currency Machines used to verify digital currency transactions and generate digital currencies and believes they should be depreciated over a 2 year period. The rate at which the Company generates digital assets and, therefore, consumes the economic benefits of its transaction verification servers are influenced by a number of factors including the following: ● the complexity of the transaction verification process which is driven by the algorithms contained within the bitcoin open source software; ● the general availability of appropriate computer processing capacity on a global basis (commonly referred to in the industry as hashing capacity which is measured in Petahash units); and ● technological obsolescence reflecting rapid development in the transaction verification server industry such that more recently developed hardware is more economically efficient to run in terms of digital assets generated as a function of operating costs, primarily power costs i.e. the speed of hardware evolution in the industry is such that later hardware models generally have faster processing capacity combined with lower operating costs and a lower cost of purchase. The Company operates in an emerging industry for which limited data is available to make estimates of the useful economic lives of specialized equipment. Management has determined that a two year diminishing value best reflects the current expected useful life of transaction verification servers. This assessment takes into consideration the availability of historical data and management’s expectations regarding the direction of the industry including potential changes in technology. Management will review this estimate annually and will revise such estimates as and when data comes available. To the extent that any of the assumptions underlying management’s estimate of useful life of its transaction verification servers are subject to revision in a future reporting period either as a result of changes in circumstances or through the availability of greater quantities of data then the estimated useful life could change and have a prospective impact on depreciation expense and the carrying amounts of these assets. Intangible Assets Intangible assets include the Crypto Currency Patent with original estimated useful life of 17 years. The Company amortize the cost of the intangible assets over their estimated useful lives on a straight-line basis. Costs incurred to acquire patents, including legal costs, are also capitalized as long-lived assets and amortized on a straight-line basis with the associated patent. The Company monitors the carrying value of long-lived assets for potential impairment and tests the recoverability of such assets whenever events or changes in circumstances indicate that the carrying amounts may not be recoverable. If a change in circumstance occurs, the Company will perform a test of recoverability by comparing the carrying value of the asset or asset group to its undiscounted expected future cash flows. If cash flows cannot be separately and independently identified for a single asset, the Company will determine whether impairment has occurred for the group of assets for which we can identify the projected cash flows. If the carrying values are in excess of undiscounted expected future cash flows, the Company will measure any impairment by comparing the fair value of the asset or asset group to its carrying value. During the year ended December 31, 2019 and 2018, there was no impairment to the intangible assets. Revenue Recognition The Company recognizes revenue under ASC 606, Revenue from Contracts with Customers. The core principle of the new revenue standard is that a company should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the company expects to be entitled in exchange for those goods or services. The following five steps are applied to achieve that core principle: ● Step 1: Identify the contract with the customer ● Step 2: Identify the performance obligations in the contract ● Step 3: Determine the transaction price ● Step 4: Allocate the transaction price to the performance obligations in the contract ● Step 5: Recognize revenue when the Company satisfies a performance obligation In order to identify the performance obligations in a contract with a customer, a company must assess the promised goods or services in the contract and identify each promised good or service that is distinct. A performance obligation meets ASC 606’s definition of a “distinct” good or service (or bundle of goods or services) if both of the following criteria are met: The customer can benefit from the good or service either on its own or together with other resources that are readily available to the customer (i.e., the good or service is capable of being distinct), and the entity’s promise to transfer the good or service to the customer is separately identifiable from other promises in the contract (i.e., the promise to transfer the good or service is distinct within the context of the contract). If a good or service is not distinct, the good or service is combined with other promised goods or services until a bundle of goods or services is identified that is distinct. The transaction price is the amount of consideration to which an entity expects to be entitled in exchange for transferring promised goods or services to a customer. The consideration promised in a contract with a customer may include fixed amounts, variable amounts, or both. When determining the transaction price, an entity must consider the effects of all of the following: ● Variable consideration ● Constraining estimates of variable consideration ● The existence of a significant financing component in the contract ● Noncash consideration ● Consideration payable to a customer Variable consideration is included in the transaction price only to the extent that it is probable that a significant reversal in the amount of cumulative revenue recognized will not occur when the uncertainty associated with the variable consideration is subsequently resolved. The transaction price is allocated to each performance obligation on a relative standalone selling price basis. The transaction price allocated to each performance obligation is recognized when that performance obligation is satisfied, at a point in time or over time as appropriate. Providing computing power in crypto asset transaction verification services is an output of the Company’s ordinary activities. The provision of computing power is the only performance obligation in the Company’s contracts with pool operators. The transaction consideration the Company receives, if any, is noncash consideration, which the Company measures at fair value on the date received, which is not materially different than the fair value at contract inception. The consideration is all variable. Because it is not probable that a significant reversal of cumulative revenue will not occur, the consideration is constrained until the Company successfully places a block (by being the first to solve an algorithm) and the Company receives confirmation of the consideration it will receive, at which time revenue is recognized. There is no significant financing component in these transactions. Fair value of the digital asset award received is determined using the average U.S. dollar spot rate of the related digital currency at the time of receipt. Expenses associated with running the digital currency mining business, such as rent and electricity cost are also recorded as cost of revenues. Depreciation on digital currency mining equipment is recorded as a component of costs and expenses. Related Party Transactions Parties are considered related to the Company if the parties, directly or indirectly, through one or more intermediaries, control, are controlled by, or are under common control with the Company. Related parties also include principal owners of the Company, its management, members of the immediate families of principal owners of the Company and its management and other parties with which the Company may deal if one party controls or can significantly influence the management or operating policies of the other to an extent that one of the transacting parties might be prevented from fully pursuing its own separate interests. The Company discloses all related party transactions. On October 11, 2018, the Company entered into a 2-year Employment Agreement, subject to successive 1 year extension, with Merrick Okamoto, pursuant to which Mr. Okamoto will serve as the Executive Chairman and Chief Executive Officer of the Company. Pursuant to the terms of the Agreement, Mr. Okamoto shall receive a base salary at an annual base salary of $350,000 (subject to annual 3% cost of living increase) and an annual bonus up to 100% of base salary as determined by the Compensation Committee or the Board. As further consideration for Mr. Okamoto’s services, the Company agreed to issue Mr. Okamoto 10-year stock options to purchase 1,250,000 shares of Common Stock, with a strike price of $2.32 per share, vesting 50% on the date of grant and 25% on each 6 months anniversary of the date of grant. As of December 31, 2019 and 2018, no bonus has been accrued. On October 15, 2018, the Company entered into a 2-year Employment Agreement, subject to successive 1 year extension, with David Lieberman, pursuant to which Mr. Lieberman will serve as the Chief Financial Officer of the Company. Pursuant to the terms of the Lieberman Agreement, Mr. Lieberman shall receive a base salary at an annual base salary of $180,000 (subject to annual 3% cost of living increase) and an annual bonus up to 100% of base salary as determined by the Compensation Committee or the Board. As further consideration for Mr. Lieberman’s services, the Company agreed to issue Mr. Lieberman 10-year stock options to purchase 50,000 shares of Common Stock, with a strike price of $2.32 per share, vesting 50% on the date of grant and 25% on each 6 months anniversary of the date of grant. As of December 31, 2019 and 2018 no bonus has been accrued. On July 22, 2019, the Company granted David Lieberman, James Crawford and other three board directors 5-year stock options to purchase total of 200,000 shares of common stock, with an exercise price of $2.04 per share, vesting 50% on the date of grant and 25% on each 6 months anniversary of the date of grant. Fair Value of Financial Instruments The Company measures at fair value certain of its financial and non-financial assets and liabilities by using a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value. Fair value is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date, essentially an exit price, based on the highest and best use of the asset or liability. The levels of the fair value hierarchy are: Level 1: Observable inputs such as quoted market prices in active markets for identical assets or liabilities Level 2: Observable market-based inputs or unobservable inputs that are corroborated by market data Level 3: Unobservable inputs for which there is little or no market data, which require the use of the reporting entity’s own assumptions. The carrying amounts reported in the consolidated balance sheet for cash, accounts receivable, accounts payable, and accrued expenses, approximate their estimated fair market value based on the short-term maturity of these instruments. The carrying value of notes payable and other long-term liabilities approximate fair value as the related interest rates approximate rates currently available to the Company. Financial assets and liabilities are classified in their entirety within the fair value hierarchy based on the lowest level of input that is significant to their fair value measurement. The Company measures the fair value of its marketable securities by taking into consideration valuations obtained from third-party pricing sources. The pricing services utilize industry standard valuation models, including both income and market-based approaches, for which all significant inputs are observable, either directly or indirectly, to estimate fair value. These inputs included reported trades of and broker-dealer quotes on the same or similar securities, issuer credit spreads, benchmark securities and other observable inputs. The following tables present information about the Company’s assets and 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, 2019 and 2018, respectively: Fair value measured at December 31, 2019 Total carrying value at December 31, Quoted prices in active markets Significant other observable inputs Significant unobservable inputs 2019 (Level 1) (Level 2) (Level 3) Liabilities Warrant liability $ 12,849 $ - $ - $ 12,849 Fair value measured at December 31, 2018 Total carrying value at December 31, Quoted prices in active markets Significant other observable inputs Significant unobservable inputs 2018 (Level 1) (Level 2) (Level 3) Liabilities Warrant liability $ 39,083 $ - $ - $ 39,083 There were no transfers between Level 1, 2 or 3 during the year ended December 31, 2019. At December 31, 2019, the Company had an outstanding warrant liability in the amount of $12,849 associated with warrants that were issued in January 2017 and warrants issued related to the Convertible Notes issued in August and September of 2017. The following table rolls forward the fair value of the Company’s warrant liability, the fair value of which is determined by Level 3 inputs for the year ended December 31, 2019. FV of warrant liabilities Fair value Outstanding as of December 31, 2017 $ 1,794,396 Exercised (55,791 ) Change in fair value of warrants (1,699,522 ) Outstanding as of December 31, 2018 39,083 Change in fair value of warrants (26,234 ) Outstanding as of December 31, 2019 $ 12,849 Income Taxes The Company accounts for income taxes pursuant to the provision of Accounting Standards Codification (“ASC”) 740-10, “Accounting for Income Taxes” which requires, among other things, an asset and liability approach to calculating deferred income taxes. The asset and liability approach requires the recognition of deferred tax assets and liabilities for the expected future tax consequences of temporary differences between the carrying amounts and the tax bases of assets and liabilities. A valuation allowance is provided to offset any net deferred tax assets for which management believes it is more likely than not that the net deferred asset will not be realized. The Company follows the provision of the ASC 740-10 related to Accounting for Uncertain Income Tax Position. When tax returns are filed, it is more likely than not that some positions taken would be sustained upon examination by the taxing authorities, while others are subject to uncertainty about the merits of the position taken or the amount of the position that would be ultimately sustained. In accordance with the guidance of ASC 740-10, the benefit of a tax position is recognized in the financial statements in the period during which, based on all available evidence, management believes it is most likely that not that the position will be sustained upon examination, including the resolution of appeals or litigation processes, if any. Tax positions taken are not offset or aggregated with other positions. Tax positions that meet the more-likely-than-not recognition threshold are measured as the largest amount of tax benefit that is more than 50% likely of being realized upon settlement with the applicable taxing authority. The portion of the benefits associated with tax positions taken that exceeds the amount measured as described above should be reflected as a liability for uncertain tax benefits in the accompanying balance sheet along with any associated interest and penalties that would be payable to the taxing authorities upon examination. The Company believes its tax positions will more likely than not be upheld upon examination. As such, the Company has not recorded a liability for uncertain tax benefits. Basic and Diluted Net Loss per Share Net loss per common share is calculated in accordance with ASC Topic 260: Earnings Per Share (“ASC 260”). Basic loss per share is computed by dividing net loss by the weighted average number of shares of common stock outstanding during the period. The computation of diluted net loss per share does not include dilutive common stock equivalents in the weighted average shares outstanding, as they would be anti-dilutive. Securities that could potentially dilute loss per share in the future that were not included in the computation of diluted loss per share at December 31, 2019 and 2018 are as follows: As of December 31, 2019 2018 Warrants to purchase common stock 182,191 182,191 Options to purchase common stock 1,731,745 1,466,520 Convertible notes to exchange common stock 312,221 312,221 Total 2,226,157 1,960,932 The following table sets forth the computation of basic and diluted loss per share: For the Years Ended December 31, 2019 2018 Net loss attributable to common shareholders $ (3,517,065 ) $ (12,814,324 ) Denominator: Weighted average common shares - basic and diluted 6,664,238 5,315,944 Loss per common share - basic and diluted $ (0.53 ) $ (2.41 ) Impairment of Long-lived Assets Management reviews long-lived assets for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. Recoverability of assets to be held and used is measured by a comparison of the carrying amount of an asset to undiscounted future cash flows expected to be generated by the asset. If such assets are considered to be impaired, the impairment to be recognized is measured by the amount by which the carrying amount of the assets exceeds the fair value of the assets. Based on its reviews, management determined that its crypto-currency machines were impaired by a total of $2,222,688 based upon an assessment as of December 31, 2018, including consideration of the decline in bitcoin values which occurred commencing in late December 2017 and into 2018. And during the year ended December 31, 2019, the Company’s leasehold improvements were impaired by $447,776. Stock-Based Compensation The Company expenses stock-based compensation to employees and non-employees over the requisite service period based on the estimated grant-date fair value of the awards and forfeiture rates. The Company estimates the fair value of stock option grants using the Black-Scholes option pricing model and the assumptions used in calculating the fair value of stock-based awards represent management’s best estimates and involve inherent uncertainties and the application of management’s judgment. Leases Effective January 1, 2019, the Company accounts for its leases under ASC 842, Leases. Under this guidance, arrangements meeting the definition of a lease are classified as operating or financing leases and are recorded on the consolidated balance sheet as both a right of use asset and lease liability, calculated by discounting fixed lease payments over the lease term at the rate implicit in the lease or the Company’s incremental borrowing rate. Lease liabilities are increased by interest and reduced by payments each period, and the right of use asset is amortized over the lease term. For operating leases, interest on the lease liability and the amortization of the right of use asset result in straight-line rent expense over the lease term. Variable lease expenses, if any, are recorded when incurred. In calculating the right of use asset and lease liability, the Company elects to combine lease and non-lease components. The Company excludes short-term leases having initial terms of 12 months or less from the new guidance as an accounting policy election and recognizes rent expense on a straight-line basis over the lease term. The Company continues to account for leases in the prior period financial statements under ASC Topic 840. Recent Accounting Pronouncements In December 2019, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2019-12, “ Income Taxes (Topic 740): Simplifying the Accounting for Income Taxes (“ASU 2019-12”)” In June 2018, the FASB issued ASU 2018-07, “ Improvements to Nonemployee Share-Based Payment Accounting In July 2017, the FASB issued ASU 2017-11, “ Earnings Per Share (Topic 260) Distinguishing Liabilities from Equity (Topic 480) Derivatives and Hedging (Topic 815) In May 2017, the FASB issued ASU No. 2017-09, Compensation - Stock Compensation (Topic 718): Scope of Modification Accounting In January 2017, the FASB issued ASU 2017-01 Business Combinations (Topic 805): Clarifying the Definition of a Business In February 2016, the FASB issued ASU 2016-02, Leases In May 2014, the FASB issued ASU No. 2014-09, Revenue from Contracts with Customers Any new accounting standards, not disclosed above, that have been issued or proposed by FASB that do not require adoption until a future date are not expected to have a material impact on the consolidated financial statements upon adoption.

Patent Purchases

Patent Purchases	12 Months Ended
	Dec. 31, 2019
Patent Purchases
Patent Purchases	NOTE 3 – PATENT PURCHASES On January 11, 2018, the Company entered into a Patent Rights Purchase and Assignment Agreement (the “Agreement”), with XpresSpa Group, Inc., a Delaware Corporation (the “Seller”) and Crypto Currency Patent Holdings Company LLC, a Delaware limited liability company and wholly owned subsidiary of the Company (“CCPHC”). Pursuant to the Agreement, the Seller agreed to irrevocably assign, sell, grant, transfer and convey, and CCPHC agreed to accept and acquire, the exclusive right, title and interest in and to certain patents owned by the Seller (“Assigned IP”), subject to the terms and conditions set forth in the Agreement. As consideration for the Assigned IP, the Seller shall receive (i) payment in the amount of $250,000 from CCPHC and (ii) 62,500 shares of common stock of the Company, par value $0.0001 per share (the “Consideration Shares”), with piggyback registration rights. The Consideration Shares shall be issued by the Company to the Seller, subject to the terms and conditions of a lock-up agreement. The fair value of the 62,500 shares was $960,000 and was based upon the closing price of the Company’s common stock. As a condition to the Agreement, the Seller agreed to enter into a lock-up agreement with the Company, which lock-up agreement is included as an exhibit to the Agreement (the “Lock-up Agreement”). Pursuant to the Lock-up Agreement, the Seller shall not directly or indirectly offer, sell, pledge or transfer, or otherwise dispose of, the Consideration Shares for a period of 180 days commencing on January 11, 2018 and ending on July 11, 2018; provided, however, upon the effective date of the registration for resale of the Consideration Shares, and on each day thereafter, one twentieth (1/20) of the Consideration Shares shall be released from the restrictions contained in the Lock-up Agreement and may be freely sold, transferred, traded or otherwise disposed of. Notwithstanding the foregoing, in the event that the Consideration Shares, in whole or in part, are not registered for resale on the 6-month anniversary of the date of issuance of the Consideration Shares (“Six-Month Date”), the holders thereof may sell, transfer, trade or otherwise dispose of one twentieth (1/20) of the Consideration Shares on the Six-Month Date and on each day thereafter. In addition, the Company agreed to issue 6,250 shares of the Company’s common stock to Andrew Kennedy Lang, one of the named inventors of the patents, in exchange for consulting services, and 12,500 shares of the Company’s common stock to another individual in exchange for consulting services, in connection with the acquisition of the Assigned IP. The fair value of these shares was $278,750 and was based upon the closing price of the Company’s common stock on date of agreement. The Company recorded the fair value of these shares as a component of compensation and related taxes expense.

Property and Equipment and Inta

Property and Equipment and Intangible Assets	12 Months Ended
	Dec. 31, 2019
Property And Equipment And Intangible Assets
Property and Equipment and Intangible Assets	NOTE 4 – PROPERTY AND EQUIPMENT AND INTANGIBLE ASSETS On September 30, 2019, the Company consummated the purchase of 6000 S-9 Bitmain 13.5 TH/s Bitcoin Antminers (“Miners”) from SelectGreen Blockchain Ltd., a British Columbia corporation, for which the purchase price was $4,086,250 or 2,335,000 shares of its common stock at a price of $1.75 per share. As a result of an exchange cap requirement imposed in conjunction with the Company’s Listing of Additional Shares application filed with Nasdaq to the transaction, the Company issued 1,276,442 shares of its common stock which represented $2,233,773 of the $4,086,250 (constituting 19.9% of the issued and outstanding shares on the date of the Asset Purchase Agreement) and upon the receipt of shareholder approval, at the Annual Shareholders Meeting to be held on November 15, 2019, the Company can issue the balance of the 1,058,558 unregistered common stock shares. The shareholders did approve the issuance of the additional shares at the Annual Shareholders Meeting. The Company has issued an additional 474,808 at $0.90 per share. The $513,700 set forth on the balance sheet for mining servers payable reflects the fair value of 583,750 shares to be issued at $0.88 per share to conclude the purchase of the Miners at December 31, 2019. The Company recorded change in fair value of mining payable of $507,862 during the year ended December 31, 2019. There is no requirement for the Company to make a payment in cash in lieu of issuing the remaining shares. On February 7, 2018, Marathon Crypto Mining, Inc. (“MCM”), a Nevada corporation and wholly owned subsidiary of the Company, entered into an agreement to acquire 1,400 Bitmain’s Antminer S9 miners (“Antminer S9s”). The purchase price was $4,557,072. The Company also paid installation costs of $694,647 (total paid and capitalized was $5,251,719). The Company will depreciate the Antminer S9’s and related installation costs over a two-year period. Depreciation for the year ended December 31, 2018 was $2,003,696. During the year ended December 31, 2018, the Company recorded a $2,222,688 charge for the impairment of the mining equipment and $447,776 for the impairment of the leasehold improvements during the year ended December 31, 2019. On February 12, 2018, in connection with the intended mining operations of MCM, the Company assumed a lease contract dated November 11, 2017 (the “Lease Agreement”) by and between 9349-0001 Quebec Inc. (the “Lessor”) and Blocespace Inc., formerly known as Cryptoespace Inc. (the “Lessee”). Pursuant to the Lease Agreement, among other things, the Lessee leases a building of 26,700 square feet (the “Property”) in Quebec, Canada, for an initial term of five (5) years (the “Term”), commencing on December 1, 2017 and terminating on November 30, 2022. The Lessee shall pay a monthly rent of $10,013 CAD plus tax, or an annual rent of $120,150 CAD plus tax (“Yearly Rent”). At the signing of the Lease Agreement, the Lessee paid the Lessor a deposit equal to the Yearly Rent which amount will be dispersed during the Term as set forth in the Lease Agreement. Lease expense for the year ended December 31, 2019 and 2018 were $107,372 and $88,043. The Lessee assigned the Lease Agreement to MCM pursuant to an Assignment and Assumption Agreement (the “Assignment”) by and between the Company and the Lessee’s parent company, Bloctechnologies Canada Inc. Subject to the terms and conditions of the Assignment, MCM agreed to observe all the covenants and conditions of the Lease Agreement, including the payment of all rents due. The Company shall be responsible for all necessary capital expenditures in connection with capital improvements to the Property to set up MCM’s mining operations. The components of property, equipment and intangible assets as of December 31, 2019 and 2018 are: Useful life (Years) December 31, 2019 December 31, 2018 Website 7 $ 121,787 $ 121,787 Mining equipment 2 7,120,505 3,029,031 Mining patent 17 1,210,000 1,210,000 Gross property, equipment and intangible assets 8,452,292 4,360,818 Less: Accumulated depreciation and amortization (3,623,745 ) (2,181,488 ) Property, equipment and intangible assets, net $ 4,828,547 $ 2,179,330 The Company’s depreciation expense for the years ended December 31, 2019 and 2018 were $0.9 million and $2.0 million, and amortization expense were $71,177 and $66,017 for the year ended December 31, 2019 and 2018, respectively. As of December 31, 2019, intangible assets amortization are as follows: 2020 $ 71,176 2021 71,176 2022 71,176 2023 71,176 2024 71,176 Thereafter 717,698 Total $ 1,073,578

Stockholders' Equity

Stockholders' Equity	12 Months Ended
	Dec. 31, 2019
Equity [Abstract]
Stockholders' Equity	NOTE 5 - STOCKHOLDERS’ EQUITY Series B Convertible Preferred Stock As of December 31, 2019 and 2018, there was no share of Series B Convertible Preferred Stock outstanding. Series E Preferred Stock During the year ended December 31, 2018, 1,378 shares of the Series E Convertible Preferred Stock had been converted to the Company’s Common Stock and there was no Series E Convertible Preferred Stock outstanding as of December 31, 2019 and 2018. Common Stock At The Market Offering Agreement On July 19, 2019, we entered into an At The Market Offering Agreement (the “Agreement”) with H.C. Wainwright & Co., LLC (“H.C. Wainwright”) which establishes an at-the-market equity program pursuant to which we may offer and sell shares of our common stock, par value $0.0001 per share (“Common Stock”), from time to time as set forth in the Agreement. The Agreement provides for the sale of shares of our Common Stock (“Shares”) having an aggregate offering price of up to $7,472,417 (the Company’s ability to offer shares under the Agreement is limited to the amount of shares it may sell pursuant to General Instruction I.B.6. of Form S-3. Subject to the terms and conditions set forth in the Agreement, H.C. Wainwright will use its commercially reasonable efforts consistent with its normal trading and sales practices to sell the Shares from time to time, based upon our instructions. We have provided H.C. Wainwright with customary indemnification rights, and H.C. Wainwright will be entitled to a commission at a fixed rate equal to three percent (3.0%) of the gross proceeds per Share sold. In addition, we have agreed to pay certain expenses incurred by H.C. Wainwright in connection with the Agreement, including up to $25,000 of the fees and disbursements of their counsel. The Agreement will terminate upon the earlier of sale of all of the Shares under the Agreement or July 19, 2022 unless terminated earlier by either party as permitted under the Agreement. Sales of the Shares, if any, under the Agreement shall be made in transactions that are deemed to be “at the market offerings” as defined in Rule 415 under the Securities Act of 1933, as amended (the “Securities Act”), including sales made by means of ordinary brokers’ transactions, including on the Nasdaq Capital Market, at market prices or as otherwise agreed with H.C. Wainwright. We have no obligation to sell any of the Shares, and, at any time, we may suspend offers under the Agreement or terminate the Agreement. During the year ended December 31, 2019, 172,126 shares of common stock were issued under the At The Market Offering for the total proceeds of $255,893, net of offering cost of $10,399. Asset Purchase Agreement On September 30, 2019, the Company consummated the purchase of 6000 S-9 Bitmain 13.5 TH/s Bitcoin Antminers (“Miners”) from SelectGreen Blockchain Ltd., a British Columbia corporation, for which the purchase price was $4,086,250 or 2,335,000 shares of its common stock at a price of $1.75 per share. As a result of an exchange cap requirement imposed in conjunction with the Company’s Listing of Additional Shares application filed with Nasdaq to the transaction, the Company issued 1,276,442 shares of its common stock which represented $2,233,773 of the $4,086,250 (constituting 19.9% of the issued and outstanding shares on the date of the Asset Purchase Agreement) and upon the receipt of shareholder approval, at the Annual Shareholders Meeting to be held on November 15, 2019, the Company can issue the balance of the 1,058,558 unregistered common stock shares. The shareholders did approve the issuance of the additional shares at the Annual Shareholders Meeting. The Company has issued an additional 474,808 at $0.90 per share. The $513,700 set forth on the balance sheet for mining servers payable reflects the fair value of 583,750 shares to be issued at $0.88 per share to conclude the purchase of the Miners at December 31, 2019. The Company recorded change in fair value of mining payable of $507,862 during the year ended December 31, 2019. There is no requirement for the Company to make a payment in cash in lieu of issuing the remaining shares. Other 2019 Common Stock Activity On October 1, 2019, the Company issued 150,000 shares of its common stock to a consultant. The fair value of the common stock was $259,500. 2018 Common Stock Activity During the year ended December 31, 2018, the Company issued 954,871 shares of Common Stock to Note Holders in connection with debt conversions, 54,600 shares of Common Stock were issued to Board members for their services, 1,377,886 shares of Common Stock with respect to the conversion of Series E Convertible Preferred Stock, 4,433 shares of Common Stock in connection with the exercise of a warrant, 62,500 shares of Common Stock issued pursuant to a patent purchase, 56,250 shares of Common Stock issued to consultants and 750,000 to GBV as a termination fee for canceling the merger agreement. The termination fee was valued based upon the closing stock price as of June 28, 2018 or $3.80 per common share. Common Stock Warrants A summary of the status of the Company’s outstanding stock warrants and changes during year ended is as follows: Number of Warrants Weighted Average Weighted Average Remaining Contractual Life (in years) Outstanding as of December 31, 2017 193,492 $ 23.96 4.1 Expired (301 ) 62.40 - Exercised (11,000 ) 4.80 - Outstanding as of December 31, 2018 182,191 $ 25.04 3.1 Expired - Exercised - Outstanding as of December 31, 2019 182,191 $ 25.04 2.8 Warrants exercisable as of December 31, 2019 182,191 $ 25.04 2.8 Common Stock Options On July 22, 2019, the Company’s board has approved to issue 275,000 shares of option to purchase the Company’s common stock to 8 employees and consultants for the service they provided. The options have a five-year term with an exercise price of $2.04, vesting 50% on the date of grant and 25% on each 6 months anniversary of the date of grant. The options were valued based on the Black-Scholes model, using the strike of $2.04 per share, an average expected term of 2.69 years, volatility of 39.46% based on the average volatility of comparable companies over the comparable prior period. On October 12, 2018, the Company granted its executive officers and board members 1,362,500 option to purchase 1,362,500 shares of the Company’s common stock, with an exercise price of $2.32 per share, vesting 50% on the date of grant and 25% on each 6 months anniversary of the date of grant. The options were valued based on the Black-Scholes model, using the strike of $2.32 per share, an average expected term of 5.19 years, volatility of 39.35% based on the average volatility of comparable companies over the comparable prior period. The grant date fair value of stock options granted to employees during the years ended December 31, 2019 and 2018 were $163,165 and $1,377,678, respectively. Estimated future stock-based compensation expense relating to unvested stock options is approximately $28,590 as of December 31, 2019 and will be amortized over the remaining 0.8 year. A summary of the stock options as of December 31, 2019 and changes during the period are presented below: Number of Shares Weighted Average Weighted Average Remaining Contractual Life Outstanding as of December 31, 2018 1,466,520 $ 6.66 9.49 Granted 275,000 2.04 4.81 Expired (9,775 ) 82.05 - Outstanding as of December 31, 2019 1,731,745 $ 5.50 7.92 Options vested and expected to vest as of December 31, 2019 1,731,745 $ 5.50 7.92 Options vested and exercisable as of December 31, 2019 1,594,245 $ 5.80 8.21 A summary of the stock options as of December 31, 2018 and changes during the period are presented below: Number of Shares Weighted Average Weighted Average Remaining Contractual Life Outstanding as of December 31, 2017 112,193 $ 62.00 6.23 Granted 1,362,500 2.32 9.78 Expired (8,173 ) 42.84 - Outstanding as of December 31, 2018 1,466,520 $ 6.66 9.49 Options vested and expected to vest as of December 31, 2018 1,466,520 $ 6.66 9.49 Options vested and exercisable as of December 31, 2018 783,013 $ 10.32 9.25

Debt, Commitments and Contingen

Debt, Commitments and Contingencies	12 Months Ended
	Dec. 31, 2019
Commitments and Contingencies Disclosure [Abstract]
Debt, Commitments and Contingencies	NOTE 6 - DEBT, COMMITMENTS AND CONTINGENCIES Debt consists of the following: Maturity Interest December 31, December 31, Date Rate 2019 2018 Convertible Note 9/1/2021 5 % $ 999,106 $ 999,106 Less: debt discount - - Total Convertible notes, net of discount $ 999,106 $ 999,106 Total $ 999,106 $ 999,106 Less: current portion - (999,106 ) Long term $ 999,106 $ - On August 14, 2017, the Company entered into a unit purchase agreement (the “Unit Purchase Agreement”) with certain accredited investors providing for the sale of up to $5,500,000 of 5% secured convertible promissory notes (the “Convertible Notes”), which are convertible into shares of the Corporation’s common stock, and the issuance of warrants to purchase 1,718,750 shares of the Company’s Common Stock (the “Warrants”). The Convertible Notes are convertible into shares of the Company’s Common Stock at the lesser of (i) $0.80 per share or (ii) the closing bid price of the Company’s common stock on the day prior to conversion of the Convertible Note; provided that such conversion price may not be less than $0.40 per share. The Warrants have an exercise price of $4.80 per share. In two closings of the Unit Purchase Agreement, the Company issued $5,500,000 in Convertible Notes to the investors. The remaining balance of the Convertible Notes were due to mature on May 31, 2018. On February 10, 2020, the investor agreed to extend the maturity date to September 1, 2021, and the conversion price will be changed to the lower of, the closing price on the previous days close prior to the conversion request or a maximum conversion price of $1.00 and a floor of $0.80. The note bears interest at the rate of 5% per annum and accrues but is not paid in cash. As of December 31, 2019, the Company had an outstanding obligation pursuant to the Convertible Notes in the amount of $999,106. Accrued interest as of December 31, 2019 and 2018 were $194,935 and $144,981. During the year ended December 31, 2019 the interest expense was $49,954 and $72,104 for the year ended December 31, 2018, respectively. During the years ended December 31, 2019 and 2018, the amortization of debt discount was $0 and $2,290,028, respectively. Leases Effective June 1, 2018, the Company rented its corporate office at 1180 North Town Center Drive, Suite 100, Las Vegas, Nevada 89144, on a month to month basis. The monthly rent is $1,997. A security deposit of $3,815 has been paid. The Company also assumed a lease in connection with the mining operations in Quebec, Canada. Operating leases are included in operating lease right-of-use assets, operating lease liabilities, and noncurrent operating lease liabilities on the balance sheets. Operation lease costs are recorded on a straight-line basis within operating expenses. The Company’s total lease expense is comprised of the following: For the Year Ended Operating leases Operating lease cost $ 106,847 Operating lease expense 106,847 Short-term lease rent expense 22,594 Total rent expense $ 129,441 Additional information regarding the Company’s leasing activities as a lessee is as follow: For the Year Ended Operating cash flows from operating leases $ 97,079 Weighted-average remaining lease term – operating leases 1.8 Weighted-average discount rate – operating leases 6.5 % As of December 31, 2019, contractual minimal lease payments are as follows: 2020 $ 98,701 2021 98,701 2022 26,918 Total 224,320 Less present value discount (15,882 ) Lease current portion of operating lease liabilities (87,959 ) Non-current operating lease liabilities $ 120,479 Legal Proceedings Feinberg Litigation On March 27, 2018, Jeffrey Feinberg, purportedly joined by the Jeffrey L. Feinberg Personal Trust and the Jeffrey L. Feinberg Family Trust, filed a complaint against the Company and certain of its former officers and directors. The complaint was filed in the Supreme Court of the State of New York, County of New York. The plaintiffs purported to state claims under Sections 11, 12(a)(2) and 15 of the federal Securities Act of 1933 and common law claims for “actual fraud and fraudulent concealment,” constructive fraud, and negligent misrepresentation, seeking unspecified money damages (including punitive damages), as well as costs and attorneys’ fees, and equitable or injunctive relief. On June 15, 2018, the defendants filed a motion to dismiss all claims asserted in the complaint and, on July 27, 2018, the plaintiffs filed an opposition to that motion. The court heard argument on the motion and, on January 15, 2019, the court granted the motion to dismiss, allowing 30 days for the filing of an amended complaint. On February 15, 2019, Jeffrey Feinberg, individually and as trustee of the Jeffrey L. Feinberg Personal Trust, and Terrence K. Ankner, as trustee of the Jeffrey L. Feinberg Family Trust, filed an amended complaint that purports to state the same claims and seeks the same relief sought in the original complaint. On March 7 and 22, 2019, defendants filed motions to dismiss the amended complaint and on April 5, 2019, plaintiffs filed an opposition to those motions. The court heard oral argument on the motions to dismiss on July 9, 2019, and at the conclusion of the argument the court took the motions under submission. The parties are waiting for the court’s rulings on the motions to dismiss and, while the motions have been under submission, no discovery has been taken and there have been no other significant developments in the case. Ramirez Litigation On July 20, 2018, Tony Ramirez filed a complaint against the Company and certain of its former directors. The complaint was filed in the United States District Court for the Central District of California. Mr. Ramirez alleged that he was a shareholder of the Company and purported to assert a single claim under Section 14(a) of the Securities and Exchange Act of 1934 and SEC Rule 14a-9 promulgated thereunder. The parties entered into a “Settlement Agreement and Mutual Release” and the case was voluntarily dismissed with prejudice on December 17, 2018. Amazon Litigation As part of the cancellation of certain indebtedness owed to Fortress Investment Group, LLC, we transferred ownership of various patents, including U.S. Patent No. 7,177,798, commonly referred to as “Patent 798.” Fortress created a new Special Purpose Entity, CF Dynamic Advances LLC, in which we own a 30% interest. In May 2018, Rensselaer Polytechnic Institute and CF Dynamic Advances LLC filed a complaint against Amazon.com, Inc. in the United States District Court for the Northern District of New York, which alleges, among other things, that “Alexa Voice Software and Alexa enabled devices” infringe U.S. Patent No. 7,177,798, entitled “Natural Language Interface Using Constrained Intermediate Dictionary of Results.” The complaint seeks an injunction, monetary damages, an ongoing royalty, pre- and post-judgment interest, attorneys’ fees, and costs. If plaintiffs are successful, and if the recoveries or settlement proceeds are sufficient following litigation expenses and recovery of amounts due in connection with the cancelled loan, the special purpose entity could be entitled to a portion of the net proceeds. There can be no assurance that the plaintiff will be successful or that any recoveries will exceed amounts due under the debt settlement arrangements or that our 30% interest in the special purpose entity will have any value even if the plaintiffs are successful in their case against Amazon.

Income Taxes

Income Taxes	12 Months Ended
	Dec. 31, 2019
Income Tax Disclosure [Abstract]
Income Taxes	NOTE 7 - INCOME TAXES The Company accounts for income taxes under ASC Topic 740: Income Taxes, which requires the recognition of deferred tax assets and liabilities for both the expected impact of differences between the financial statements and the tax basis of assets and liabilities, and for the expected future tax benefit to be derived from tax losses and tax credit carry-forwards. ASC Topic 740 additionally requires the establishment of a valuation allowance to reflect the likelihood of realization of deferred tax assets. The table below summarizes the differences between the Companies’ effective tax rate and the statutory federal rate as follows for the years ended December 31, 2019 and 2018: 2019 2018 Computed “expected” tax expense (benefit) (21.00 )% (21.00 )% Change in valuation allowance 21.00 % 21.00 % Effective tax rate - % - % The Company has a deferred tax asset, which is summarized as follows at December 31: 2019 2018 Deferred tax assets: Total deferred tax assets $ 23,556,924 $ 22,907,783 Total deferred tax liabilities - - Less: valuation allowance (23,556,924 ) (22,907,783 ) Net deferred tax asset $ - $ - The Company does not have any taxable income in carryback years in which net operating losses (“NOLs”) can be carried back to. At December 31, 2019, the Company did not have any taxable temporary differences that will reverse and generate taxable income and was still in a cumulative loss position. Based on all the available information, including tax planning strategies and future forecast, the Company does not believe that it is more likely than not that the net deferred tax assets will be realized; therefore, a full valuation allowance has been recorded against its net deferred tax assets. As of December 31, 2019 and 2018, the Company had NOL carry-forwards for federal and state purposes of approximately $2.6 million and $11.4 million, respectively, which will begin to expire in 2034 (Estimated). The utilization of NOL and credit carry-forwards may be limited under the provisions of the Internal Revenue Code (“IRC”) Section 382, as amended, and similar state provisions. IRC Section 382 generally imposes an annual limitation on the amount of NOL carry-forwards that may be used to offset taxable income where a corporation has undergone significant changes in stock ownership. As of December 31, 2019 and 2018, the Company has not recorded liability for unrecognized tax benefit. As of December 31, 2019 and 2018 the Company did not increase or decrease penalties or interest in connection with liability for unrecognized tax benefit. The Company does not expect its unrecognized tax benefits to change significantly over the next 12 months. The Company files U.S. and state income tax returns with varying statutes of limitations. The 2015 through 2019 tax years generally remain subject to examination by federal and state tax authorities. In 2018, the company dissolved those subsidiaries that were required to file tax returns that had no tax due for 2018. Marathon Patent Group, Inc. moved its headquarters to Las Vegas, Nevada on June 1, 2018 so it is required to file a final tax return with the state of California for 2018. The company believes there will be no tax due the state of California other than the $800 Minimum Franchise fee all companies are required to pay. Management does not believe there are any material tax liabilities owed with respect to its operations in Canada, since Management believes there is a loss from the Canadian operations. Such operations have been outsourced. (See NOTE 1 - ORGANIZATION AND DESCRIPTION OF BUSINESS, for details)

Subsequent Events

Subsequent Events	12 Months Ended
	Dec. 31, 2019
Subsequent Events [Abstract]
Subsequent Events	NOTE 8 – Subsequent Events On February 2020, the investor agreed to extend the maturity date of the Convertible Notes to March 2, 2020. In consideration of the payment of $65,000, the maturity date of the Convertible Notes is extended by another 18 months to September 1, 2021, and the conversion price will be changed to the lower of, the closing price on the previous days close prior to the conversion request or a maximum conversion price of $1.00 and a floor of $0.80. The Company made the payment on February 11, 2020. The Company has evaluated subsequent events through the date of the consolidated financial statements were available to be issued and has concluded that no such events or transactions took place that would require disclosure herein except as stated directly above.

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2019
Accounting Policies [Abstract]
Basis of Presentation and Principles of Consolidation	Basis of Presentation and Principles of Consolidation The accompanying consolidated financial statements include the accounts of the Company’s subsidiaries, Marathon Crypto Mining, Inc., Crypto Currency Patent Holding Company and Soems Acquisition Corp. For consolidated entities where the Company owns less than 100% of the subsidiary, the Company records net loss attributable to non-controlling interests in its consolidated statements of operations equal to the percentage of the economic or ownership interest retained in such entities by the respective non-controlling parties. The Company’s consolidated financial statements include the accounts of the Company and its subsidiaries. All intercompany balances and transactions have been eliminated.
Use of Estimates and Assumptions	Use of Estimates and Assumptions The preparation of financial statements in conformity with US GAAP requires management 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 and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Significant estimates made by management include, but are not limited to, estimating the useful lives of patent assets and fixed assets, the assumptions used to calculate fair value of warrants and options granted, realization of long-lived assets, deferred income taxes, unrealized tax positions and the realization of digital currencies.
Cash and Cash Equivalents	Cash and Cash Equivalents The Company considers all highly liquid debt instruments and other short-term investments with maturity of three months or less, when purchased, to be cash equivalents. The Company maintains cash and cash equivalent balances at one financial institution that is insured by the Federal Deposit Insurance Corporation. The Company’s accounts at this institution are insured, up to $250,000, by the Federal Deposit Insurance Corporation (“FDIC”). For the years ended December 31, 2019 and 2018, the Company’s bank balances exceeded the FDIC insurance limit. To reduce its risk associated with the failure of such financial institution, the Company evaluates at least annually the rating of the financial institution in which it holds deposits. As of December 31, 2019 and 2018, the Company did not have any cash equivalents.
Segment Reporting	Segment Reporting Operating segments are defined as components of an enterprise about which separate financial information is available that is evaluated regularly by the chief operating decision maker, or decision–making group in deciding how to allocate resources and in assessing performance. Our chief operating decision–making group (“CODM”) is composed of the chief executive officer and chief financial officer. The Company currently operates in the Digital Currency Blockchain segment. The Company’s Crypto-currency Machines are located in Canada and United States and the Company has employees only in the United States and views its operations as one operating segment as the CODM reviews financial information on a consolidated basis in making decisions regarding resource allocations and assessing performance.
Digital Currencies	Digital Currencies Digital currencies are included in current assets in the consolidated balance sheets. Digital currencies are recorded at cost less impairment. An intangible asset with an indefinite useful life is not amortized but assessed for impairment annually, or more frequently, when events or changes in circumstances occur indicating that it is more likely than not that the indefinite-lived asset is impaired. Impairment exists when the carrying amount exceeds its fair value. In testing for impairment, the Company has the option to first perform a qualitative assessment to determine whether it is more likely than not that an impairment exists. If it is determined that it is not more likely than not that an impairment exists, a quantitative impairment test is not necessary. If the Company concludes otherwise, it is required to perform a quantitative impairment test. To the extent an impairment loss is recognized, the loss establishes the new cost basis of the asset. Subsequent reversal of impairment losses is not permitted. The following table presents the activities of the digital currencies for the years ended December 31, 2019 and 2018: Digital currencies at December 31, 2017 $ - Additions of digital currencies 1,495,402 Realized loss on sale of digital currencies (152,485 ) Sale of digital currencies (1,342,917 ) Digital currencies at December 31, 2018 - Additions of digital currencies 1,185,227 Realized gain on sale of digital currencies 36,092 Sale of digital currencies (1,220,178 ) Digital currencies at December 31, 2019 $ 1,141
Crypto-currency Machines	Crypto-currency Machines Management has assessed the basis of depreciation of the Company’s Crypto-currency Machines used to verify digital currency transactions and generate digital currencies and believes they should be depreciated over a 2 year period. The rate at which the Company generates digital assets and, therefore, consumes the economic benefits of its transaction verification servers are influenced by a number of factors including the following: ● the complexity of the transaction verification process which is driven by the algorithms contained within the bitcoin open source software; ● the general availability of appropriate computer processing capacity on a global basis (commonly referred to in the industry as hashing capacity which is measured in Petahash units); and ● technological obsolescence reflecting rapid development in the transaction verification server industry such that more recently developed hardware is more economically efficient to run in terms of digital assets generated as a function of operating costs, primarily power costs i.e. the speed of hardware evolution in the industry is such that later hardware models generally have faster processing capacity combined with lower operating costs and a lower cost of purchase. The Company operates in an emerging industry for which limited data is available to make estimates of the useful economic lives of specialized equipment. Management has determined that a two year diminishing value best reflects the current expected useful life of transaction verification servers. This assessment takes into consideration the availability of historical data and management’s expectations regarding the direction of the industry including potential changes in technology. Management will review this estimate annually and will revise such estimates as and when data comes available. To the extent that any of the assumptions underlying management’s estimate of useful life of its transaction verification servers are subject to revision in a future reporting period either as a result of changes in circumstances or through the availability of greater quantities of data then the estimated useful life could change and have a prospective impact on depreciation expense and the carrying amounts of these assets.
Intangible Assets	Intangible Assets Intangible assets include the Crypto Currency Patent with original estimated useful life of 17 years. The Company amortize the cost of the intangible assets over their estimated useful lives on a straight-line basis. Costs incurred to acquire patents, including legal costs, are also capitalized as long-lived assets and amortized on a straight-line basis with the associated patent. The Company monitors the carrying value of long-lived assets for potential impairment and tests the recoverability of such assets whenever events or changes in circumstances indicate that the carrying amounts may not be recoverable. If a change in circumstance occurs, the Company will perform a test of recoverability by comparing the carrying value of the asset or asset group to its undiscounted expected future cash flows. If cash flows cannot be separately and independently identified for a single asset, the Company will determine whether impairment has occurred for the group of assets for which we can identify the projected cash flows. If the carrying values are in excess of undiscounted expected future cash flows, the Company will measure any impairment by comparing the fair value of the asset or asset group to its carrying value. During the year ended December 31, 2019 and 2018, there was no impairment to the intangible assets.
Revenue Recognition	Revenue Recognition The Company recognizes revenue under ASC 606, Revenue from Contracts with Customers. The core principle of the new revenue standard is that a company should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the company expects to be entitled in exchange for those goods or services. The following five steps are applied to achieve that core principle: ● Step 1: Identify the contract with the customer ● Step 2: Identify the performance obligations in the contract ● Step 3: Determine the transaction price ● Step 4: Allocate the transaction price to the performance obligations in the contract ● Step 5: Recognize revenue when the Company satisfies a performance obligation In order to identify the performance obligations in a contract with a customer, a company must assess the promised goods or services in the contract and identify each promised good or service that is distinct. A performance obligation meets ASC 606’s definition of a “distinct” good or service (or bundle of goods or services) if both of the following criteria are met: The customer can benefit from the good or service either on its own or together with other resources that are readily available to the customer (i.e., the good or service is capable of being distinct), and the entity’s promise to transfer the good or service to the customer is separately identifiable from other promises in the contract (i.e., the promise to transfer the good or service is distinct within the context of the contract). If a good or service is not distinct, the good or service is combined with other promised goods or services until a bundle of goods or services is identified that is distinct. The transaction price is the amount of consideration to which an entity expects to be entitled in exchange for transferring promised goods or services to a customer. The consideration promised in a contract with a customer may include fixed amounts, variable amounts, or both. When determining the transaction price, an entity must consider the effects of all of the following: ● Variable consideration ● Constraining estimates of variable consideration ● The existence of a significant financing component in the contract ● Noncash consideration ● Consideration payable to a customer Variable consideration is included in the transaction price only to the extent that it is probable that a significant reversal in the amount of cumulative revenue recognized will not occur when the uncertainty associated with the variable consideration is subsequently resolved. The transaction price is allocated to each performance obligation on a relative standalone selling price basis. The transaction price allocated to each performance obligation is recognized when that performance obligation is satisfied, at a point in time or over time as appropriate. Providing computing power in crypto asset transaction verification services is an output of the Company’s ordinary activities. The provision of computing power is the only performance obligation in the Company’s contracts with pool operators. The transaction consideration the Company receives, if any, is noncash consideration, which the Company measures at fair value on the date received, which is not materially different than the fair value at contract inception. The consideration is all variable. Because it is not probable that a significant reversal of cumulative revenue will not occur, the consideration is constrained until the Company successfully places a block (by being the first to solve an algorithm) and the Company receives confirmation of the consideration it will receive, at which time revenue is recognized. There is no significant financing component in these transactions. Fair value of the digital asset award received is determined using the average U.S. dollar spot rate of the related digital currency at the time of receipt. Expenses associated with running the digital currency mining business, such as rent and electricity cost are also recorded as cost of revenues. Depreciation on digital currency mining equipment is recorded as a component of costs and expenses.
Related Party Transactions	Related Party Transactions Parties are considered related to the Company if the parties, directly or indirectly, through one or more intermediaries, control, are controlled by, or are under common control with the Company. Related parties also include principal owners of the Company, its management, members of the immediate families of principal owners of the Company and its management and other parties with which the Company may deal if one party controls or can significantly influence the management or operating policies of the other to an extent that one of the transacting parties might be prevented from fully pursuing its own separate interests. The Company discloses all related party transactions. On October 11, 2018, the Company entered into a 2-year Employment Agreement, subject to successive 1 year extension, with Merrick Okamoto, pursuant to which Mr. Okamoto will serve as the Executive Chairman and Chief Executive Officer of the Company. Pursuant to the terms of the Agreement, Mr. Okamoto shall receive a base salary at an annual base salary of $350,000 (subject to annual 3% cost of living increase) and an annual bonus up to 100% of base salary as determined by the Compensation Committee or the Board. As further consideration for Mr. Okamoto’s services, the Company agreed to issue Mr. Okamoto 10-year stock options to purchase 1,250,000 shares of Common Stock, with a strike price of $2.32 per share, vesting 50% on the date of grant and 25% on each 6 months anniversary of the date of grant. As of December 31, 2019 and 2018, no bonus has been accrued. On October 15, 2018, the Company entered into a 2-year Employment Agreement, subject to successive 1 year extension, with David Lieberman, pursuant to which Mr. Lieberman will serve as the Chief Financial Officer of the Company. Pursuant to the terms of the Lieberman Agreement, Mr. Lieberman shall receive a base salary at an annual base salary of $180,000 (subject to annual 3% cost of living increase) and an annual bonus up to 100% of base salary as determined by the Compensation Committee or the Board. As further consideration for Mr. Lieberman’s services, the Company agreed to issue Mr. Lieberman 10-year stock options to purchase 50,000 shares of Common Stock, with a strike price of $2.32 per share, vesting 50% on the date of grant and 25% on each 6 months anniversary of the date of grant. As of December 31, 2019 and 2018 no bonus has been accrued. On July 22, 2019, the Company granted David Lieberman, James Crawford and other three board directors 5-year stock options to purchase total of 200,000 shares of common stock, with an exercise price of $2.04 per share, vesting 50% on the date of grant and 25% on each 6 months anniversary of the date of grant.
Fair Value of Financial Instruments	Fair Value of Financial Instruments The Company measures at fair value certain of its financial and non-financial assets and liabilities by using a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value. Fair value is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date, essentially an exit price, based on the highest and best use of the asset or liability. The levels of the fair value hierarchy are: Level 1: Observable inputs such as quoted market prices in active markets for identical assets or liabilities Level 2: Observable market-based inputs or unobservable inputs that are corroborated by market data Level 3: Unobservable inputs for which there is little or no market data, which require the use of the reporting entity’s own assumptions. The carrying amounts reported in the consolidated balance sheet for cash, accounts receivable, accounts payable, and accrued expenses, approximate their estimated fair market value based on the short-term maturity of these instruments. The carrying value of notes payable and other long-term liabilities approximate fair value as the related interest rates approximate rates currently available to the Company. Financial assets and liabilities are classified in their entirety within the fair value hierarchy based on the lowest level of input that is significant to their fair value measurement. The Company measures the fair value of its marketable securities by taking into consideration valuations obtained from third-party pricing sources. The pricing services utilize industry standard valuation models, including both income and market-based approaches, for which all significant inputs are observable, either directly or indirectly, to estimate fair value. These inputs included reported trades of and broker-dealer quotes on the same or similar securities, issuer credit spreads, benchmark securities and other observable inputs. The following tables present information about the Company’s assets and 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, 2019 and 2018, respectively: Fair value measured at December 31, 2019 Total carrying value at December 31, Quoted prices in active markets Significant other observable inputs Significant unobservable inputs 2019 (Level 1) (Level 2) (Level 3) Liabilities Warrant liability $ 12,849 $ - $ - $ 12,849 Fair value measured at December 31, 2018 Total carrying value at December 31, Quoted prices in active markets Significant other observable inputs Significant unobservable inputs 2018 (Level 1) (Level 2) (Level 3) Liabilities Warrant liability $ 39,083 $ - $ - $ 39,083 There were no transfers between Level 1, 2 or 3 during the year ended December 31, 2019. At December 31, 2019, the Company had an outstanding warrant liability in the amount of $12,849 associated with warrants that were issued in January 2017 and warrants issued related to the Convertible Notes issued in August and September of 2017. The following table rolls forward the fair value of the Company’s warrant liability, the fair value of which is determined by Level 3 inputs for the year ended December 31, 2019. FV of warrant liabilities Fair value Outstanding as of December 31, 2017 $ 1,794,396 Exercised (55,791 ) Change in fair value of warrants (1,699,522 ) Outstanding as of December 31, 2018 39,083 Change in fair value of warrants (26,234 ) Outstanding as of December 31, 2019 $ 12,849
Income Taxes	Income Taxes The Company accounts for income taxes pursuant to the provision of Accounting Standards Codification (“ASC”) 740-10, “Accounting for Income Taxes” which requires, among other things, an asset and liability approach to calculating deferred income taxes. The asset and liability approach requires the recognition of deferred tax assets and liabilities for the expected future tax consequences of temporary differences between the carrying amounts and the tax bases of assets and liabilities. A valuation allowance is provided to offset any net deferred tax assets for which management believes it is more likely than not that the net deferred asset will not be realized. The Company follows the provision of the ASC 740-10 related to Accounting for Uncertain Income Tax Position. When tax returns are filed, it is more likely than not that some positions taken would be sustained upon examination by the taxing authorities, while others are subject to uncertainty about the merits of the position taken or the amount of the position that would be ultimately sustained. In accordance with the guidance of ASC 740-10, the benefit of a tax position is recognized in the financial statements in the period during which, based on all available evidence, management believes it is most likely that not that the position will be sustained upon examination, including the resolution of appeals or litigation processes, if any. Tax positions taken are not offset or aggregated with other positions. Tax positions that meet the more-likely-than-not recognition threshold are measured as the largest amount of tax benefit that is more than 50% likely of being realized upon settlement with the applicable taxing authority. The portion of the benefits associated with tax positions taken that exceeds the amount measured as described above should be reflected as a liability for uncertain tax benefits in the accompanying balance sheet along with any associated interest and penalties that would be payable to the taxing authorities upon examination. The Company believes its tax positions will more likely than not be upheld upon examination. As such, the Company has not recorded a liability for uncertain tax benefits.
Basic and Diluted Net Loss Per Share	Basic and Diluted Net Loss per Share Net loss per common share is calculated in accordance with ASC Topic 260: Earnings Per Share (“ASC 260”). Basic loss per share is computed by dividing net loss by the weighted average number of shares of common stock outstanding during the period. The computation of diluted net loss per share does not include dilutive common stock equivalents in the weighted average shares outstanding, as they would be anti-dilutive. Securities that could potentially dilute loss per share in the future that were not included in the computation of diluted loss per share at December 31, 2019 and 2018 are as follows: As of December 31, 2019 2018 Warrants to purchase common stock 182,191 182,191 Options to purchase common stock 1,731,745 1,466,520 Convertible notes to exchange common stock 312,221 312,221 Total 2,226,157 1,960,932 The following table sets forth the computation of basic and diluted loss per share: For the Years Ended December 31, 2019 2018 Net loss attributable to common shareholders $ (3,517,065 ) $ (12,814,324 ) Denominator: Weighted average common shares - basic and diluted 6,664,238 5,315,944 Loss per common share - basic and diluted $ (0.53 ) $ (2.41 )
Impairment of Long-lived Assets	Impairment of Long-lived Assets Management reviews long-lived assets for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. Recoverability of assets to be held and used is measured by a comparison of the carrying amount of an asset to undiscounted future cash flows expected to be generated by the asset. If such assets are considered to be impaired, the impairment to be recognized is measured by the amount by which the carrying amount of the assets exceeds the fair value of the assets. Based on its reviews, management determined that its crypto-currency machines were impaired by a total of $2,222,688 based upon an assessment as of December 31, 2018, including consideration of the decline in bitcoin values which occurred commencing in late December 2017 and into 2018. And during the year ended December 31, 2019, the Company’s leasehold improvements were impaired by $447,776.
Stock-Based Compensation	Stock-Based Compensation The Company expenses stock-based compensation to employees and non-employees over the requisite service period based on the estimated grant-date fair value of the awards and forfeiture rates. The Company estimates the fair value of stock option grants using the Black-Scholes option pricing model and the assumptions used in calculating the fair value of stock-based awards represent management’s best estimates and involve inherent uncertainties and the application of management’s judgment.
Leases	Leases Effective January 1, 2019, the Company accounts for its leases under ASC 842, Leases. Under this guidance, arrangements meeting the definition of a lease are classified as operating or financing leases and are recorded on the consolidated balance sheet as both a right of use asset and lease liability, calculated by discounting fixed lease payments over the lease term at the rate implicit in the lease or the Company’s incremental borrowing rate. Lease liabilities are increased by interest and reduced by payments each period, and the right of use asset is amortized over the lease term. For operating leases, interest on the lease liability and the amortization of the right of use asset result in straight-line rent expense over the lease term. Variable lease expenses, if any, are recorded when incurred. In calculating the right of use asset and lease liability, the Company elects to combine lease and non-lease components. The Company excludes short-term leases having initial terms of 12 months or less from the new guidance as an accounting policy election and recognizes rent expense on a straight-line basis over the lease term. The Company continues to account for leases in the prior period financial statements under ASC Topic 840.
Recent Accounting Pronouncements	Recent Accounting Pronouncements In December 2019, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2019-12, “ Income Taxes (Topic 740): Simplifying the Accounting for Income Taxes (“ASU 2019-12”)” In June 2018, the FASB issued ASU 2018-07, “ Improvements to Nonemployee Share-Based Payment Accounting In July 2017, the FASB issued ASU 2017-11, “ Earnings Per Share (Topic 260) Distinguishing Liabilities from Equity (Topic 480) Derivatives and Hedging (Topic 815) In May 2017, the FASB issued ASU No. 2017-09, Compensation - Stock Compensation (Topic 718): Scope of Modification Accounting In January 2017, the FASB issued ASU 2017-01 Business Combinations (Topic 805): Clarifying the Definition of a Business In February 2016, the FASB issued ASU 2016-02, Leases In May 2014, the FASB issued ASU No. 2014-09, Revenue from Contracts with Customers Any new accounting standards, not disclosed above, that have been issued or proposed by FASB that do not require adoption until a future date are not expected to have a material impact on the consolidated financial statements upon adoption.

Summary of Significant Accoun_3

Summary of Significant Accounting Policies (Tables)	12 Months Ended
	Dec. 31, 2019
Accounting Policies [Abstract]
Schedule of Activities of Digital Currencies	The following table presents the activities of the digital currencies for the years ended December 31, 2019 and 2018: Digital currencies at December 31, 2017 $ - Additions of digital currencies 1,495,402 Realized loss on sale of digital currencies (152,485 ) Sale of digital currencies (1,342,917 ) Digital currencies at December 31, 2018 - Additions of digital currencies 1,185,227 Realized gain on sale of digital currencies 36,092 Sale of digital currencies (1,220,178 ) Digital currencies at December 31, 2019 $ 1,141
Schedule of Assets and Liabilities Measured at Fair Value on Recurring Basis	The following tables present information about the Company’s assets and 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, 2019 and 2018, respectively: Fair value measured at December 31, 2019 Total carrying value at December 31, Quoted prices in active markets Significant other observable inputs Significant unobservable inputs 2019 (Level 1) (Level 2) (Level 3) Liabilities Warrant liability $ 12,849 $ - $ - $ 12,849 Fair value measured at December 31, 2018 Total carrying value at December 31, Quoted prices in active markets Significant other observable inputs Significant unobservable inputs 2018 (Level 1) (Level 2) (Level 3) Liabilities Warrant liability $ 39,083 $ - $ - $ 39,083
Schedule of Fair Value of Warrant Liabilities	FV of warrant liabilities Fair value Outstanding as of December 31, 2017 $ 1,794,396 Exercised (55,791 ) Change in fair value of warrants (1,699,522 ) Outstanding as of December 31, 2018 39,083 Change in fair value of warrants (26,234 ) Outstanding as of December 31, 2019 $ 12,849
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share	Securities that could potentially dilute loss per share in the future that were not included in the computation of diluted loss per share at December 31, 2019 and 2018 are as follows: As of December 31, 2019 2018 Warrants to purchase common stock 182,191 182,191 Options to purchase common stock 1,731,745 1,466,520 Convertible notes to exchange common stock 312,221 312,221 Total 2,226,157 1,960,932
Schedule of Computation of Basic and Diluted Loss Per Share	The following table sets forth the computation of basic and diluted loss per share: For the Years Ended December 31, 2019 2018 Net loss attributable to common shareholders $ (3,517,065 ) $ (12,814,324 ) Denominator: Weighted average common shares - basic and diluted 6,664,238 5,315,944 Loss per common share - basic and diluted $ (0.53 ) $ (2.41 )

Property and Equipment and In_2

Property and Equipment and Intangible Assets (Tables)	12 Months Ended
	Dec. 31, 2019
Property And Equipment And Intangible Assets Tables Abstract
Schedule of Components of Property, Equipment and Intangible Assets	The components of property, equipment and intangible assets as of December 31, 2019 and 2018 are: Useful life (Years) December 31, 2019 December 31, 2018 Website 7 $ 121,787 $ 121,787 Mining equipment 2 7,120,505 3,029,031 Mining patent 17 1,210,000 1,210,000 Gross property, equipment and intangible assets 8,452,292 4,360,818 Less: Accumulated depreciation and amortization (3,623,745 ) (2,181,488 ) Property, equipment and intangible assets, net $ 4,828,547 $ 2,179,330
Schedule of Finte Lived Intangible Asset	As of December 31, 2019, intangible assets amortization are as follows: 2020 $ 71,176 2021 71,176 2022 71,176 2023 71,176 2024 71,176 Thereafter 717,698 Total $ 1,073,578

Stockholders' Equity (Tables)

Stockholders' Equity (Tables)	12 Months Ended
	Dec. 31, 2019
Equity [Abstract]
Summary of Outstanding Stock Warrants	A summary of the status of the Company’s outstanding stock warrants and changes during year ended is as follows: Number of Warrants Weighted Average Weighted Average Remaining Contractual Life (in years) Outstanding as of December 31, 2017 193,492 $ 23.96 4.1 Expired (301 ) 62.40 - Exercised (11,000 ) 4.80 - Outstanding as of December 31, 2018 182,191 $ 25.04 3.1 Expired - Exercised - Outstanding as of December 31, 2019 182,191 $ 25.04 2.8 Warrants exercisable as of December 31, 2019 182,191 $ 25.04 2.8
Summary of Stock Options	A summary of the stock options as of December 31, 2019 and changes during the period are presented below: Number of Shares Weighted Average Weighted Average Remaining Contractual Life Outstanding as of December 31, 2018 1,466,520 $ 6.66 9.49 Granted 275,000 2.04 4.81 Expired (9,775 ) 82.05 - Outstanding as of December 31, 2019 1,731,745 $ 5.50 7.92 Options vested and expected to vest as of December 31, 2019 1,731,745 $ 5.50 7.92 Options vested and exercisable as of December 31, 2019 1,594,245 $ 5.80 8.21 A summary of the stock options as of December 31, 2018 and changes during the period are presented below: Number of Shares Weighted Average Weighted Average Remaining Contractual Life Outstanding as of December 31, 2017 112,193 $ 62.00 6.23 Granted 1,362,500 2.32 9.78 Expired (8,173 ) 42.84 - Outstanding as of December 31, 2018 1,466,520 $ 6.66 9.49 Options vested and expected to vest as of December 31, 2018 1,466,520 $ 6.66 9.49 Options vested and exercisable as of December 31, 2018 783,013 $ 10.32 9.25

Debt, Commitments and Conting_2

Debt, Commitments and Contingencies (Tables)	12 Months Ended
	Dec. 31, 2019
Commitments and Contingencies Disclosure [Abstract]
Schedule of Debt	Debt consists of the following: Maturity Interest December 31, December 31, Date Rate 2019 2018 Convertible Note 9/1/2021 5 % $ 999,106 $ 999,106 Less: debt discount - - Total Convertible notes, net of discount $ 999,106 $ 999,106 Total $ 999,106 $ 999,106 Less: current portion - (999,106 ) Long term $ 999,106 $ -
Schedule of Components of Lease Cost	The Company’s total lease expense is comprised of the following: For the Year Ended Operating leases Operating lease cost $ 106,847 Operating lease expense 106,847 Short-term lease rent expense 22,594 Total rent expense $ 129,441
Schedule of Weighted Average Lease	Additional information regarding the Company’s leasing activities as a lessee is as follow: For the Year Ended Operating cash flows from operating leases $ 97,079 Weighted-average remaining lease term – operating leases 1.8 Weighted-average discount rate – operating leases 6.5 %
Schedule of Minimum Lease Payments	As of December 31, 2019, contractual minimal lease payments are as follows: 2020 $ 98,701 2021 98,701 2022 26,918 Total 224,320 Less present value discount (15,882 ) Lease current portion of operating lease liabilities (87,959 ) Non-current operating lease liabilities $ 120,479

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2019
Income Tax Disclosure [Abstract]
Schedule of Differences Between Effective Tax Rate and Statutory Federal Rate	The table below summarizes the differences between the Companies’ effective tax rate and the statutory federal rate as follows for the years ended December 31, 2019 and 2018: 2019 2018 Computed “expected” tax expense (benefit) (21.00 )% (21.00 )% Change in valuation allowance 21.00 % 21.00 % Effective tax rate - % - %
Schedule of Deferred Tax Assets	The Company has a deferred tax asset, which is summarized as follows at December 31: 2019 2018 Deferred tax assets: Total deferred tax assets $ 23,556,924 $ 22,907,783 Total deferred tax liabilities - - Less: valuation allowance (23,556,924 ) (22,907,783 ) Net deferred tax asset $ - $ -

Organization and Description _2

Organization and Description of Business (Details Narrative) - USD ($)	Nov. 15, 2019	Sep. 30, 2019	Jul. 19, 2019	Jan. 02, 2018	Dec. 31, 2019	Dec. 31, 2018	May 21, 2019	Mar. 31, 2019	Jun. 28, 2018	Dec. 31, 2017
Organization And Description Of Business [Line Items]
Reverse stock split					1:4 Reverse Split
Common stock issued during period, shares	1,058,558	474,808			474,808
Failed to maintain a minimum amount							$ 2,500,000
Stockholders' equity					$ 3,647,672	$ 2,920,874		$ 2,158,192		$ 7,388,121
Common stock, issued during the period, value			$ 7,472,417		$ 245,494
Common stock price		$ 0.90			$ 0.90				$ 3.80
Common stock percent			3.00%
Change in fair value of mining payable		$ 507,862			$ 507,862
Accumulated deficit					(105,607,506)	(102,090,441)
Net loss					(3,517,065)	(12,814,324)
Net cash used in operating activities					$ (3,318,655)	$ (8,238,571)
Miners [Member]
Organization And Description Of Business [Line Items]
Common stock issued during period, shares					583,750
Common stock, issued during the period, value					$ 513,700
Common stock price					$ 0.88
Change in fair value of mining payable					$ 507,862
Asset Purchase Agreement [Member]
Organization And Description Of Business [Line Items]
Common stock issued during period, shares		1,276,442
Common stock, issued during the period, value		$ 2,233,773
Common stock percent		19.90%
SelectGreen Blockchain Ltd [Member]
Organization And Description Of Business [Line Items]
Common stock issued during period, shares		2,335,000
Common stock, issued during the period, value		$ 4,086,250
Common stock price		$ 1.75
2018 Equity Incentive Plan [Member]
Organization And Description Of Business [Line Items]
Common stock issued during period, shares				625,000

Summary of Significant Accoun_4

Summary of Significant Accounting Policies (Details Narrative)	Jul. 22, 2019$ / sharesshares	Oct. 15, 2018USD ($)$ / sharesshares	Oct. 11, 2018USD ($)$ / sharesshares	Dec. 31, 2019USD ($)Segment	Dec. 31, 2018USD ($)	Jan. 02, 2019USD ($)
Significant Accounting Policies [Line Items]
Fdic insured amount				$ 250,000
Cash equivalents
Number of operating segment | Segment				1
Crypto-currency machines depreciation period				2 years
Estimated useful life of asset				17 years
Impairment of intangible assets
Stock option term				9 months 18 days
Outstanding warrant liability				$ 12,849	39,083
Impairment of crypto-currency machines					2,222,688
Impairment of leasehold improvements				447,776
Right of use assets				297,287		$ 388,425
Lease liability				120,479		289,283
Deferred rent						$ 99,141
David Lieberman, James Crawford and Other Three Board Directors [Member]
Significant Accounting Policies [Line Items]
Stock option term	5 years
Option to purchase shares of common stock | shares	200,000
Options exercise price per share | $ / shares	$ 2.04
Options vesting percentage	50.00%
Fair value of options granted percentage	25.00%
Vesting term	6 months
2-Year Employment Agreement [Member] | Merrick Okamoto [Member]
Significant Accounting Policies [Line Items]
Agreement term description			On October 11, 2018, the Company entered into a 2-year Employment Agreement, subject to successive 1 year extension.
Base salary			$ 350,000
Cost of annual salary increased, percentage			3.00%
Annual bonus percentage			100.00%
Stock option term			10 years
Option to purchase shares of common stock | shares			1,250,000
Options exercise price per share | $ / shares			$ 2.32
Options vesting percentage			50.00%
Fair value of options granted percentage			25.00%
Vesting term			6 months
2-Year Employment Agreement [Member] | David Lieberman [Member]
Significant Accounting Policies [Line Items]
Agreement term description		On October 15, 2018, the Company entered into a 2-year Employment Agreement, subject to successive 1 year extension.
Base salary		$ 180,000
Cost of annual salary increased, percentage		3.00%
Annual bonus percentage		100.00%
Stock option term		10 years
Option to purchase shares of common stock | shares		50,000
Options exercise price per share | $ / shares		$ 2.32
Options vesting percentage		50.00%
Fair value of options granted percentage		25.00%
Vesting term		6 months
Accrued bonus payable

Summary of Significant Accoun_5

Summary of Significant Accounting Policies - Schedule of Activities of Digital Currencies (Details) - USD ($)	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Accounting Policies [Abstract]
Digital currencies, Beginning balance
Additions of digital currencies	1,185,227	1,495,402
Realized gain on sale of digital currencies	36,092	(152,485)
Sale of digital currencies	(1,220,178)	(1,342,917)
Digital currencies, Ending balance	$ 1,141

Summary of Significant Accoun_6

Summary of Significant Accounting Policies - Schedule of Assets and Liabilities Measured at Fair Value on Recurring Basis (Details) - USD ($)	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Warrant liability	$ 12,849	$ 39,083	$ 1,794,396
Level 1 [Member]
Warrant liability
Level 2 [Member]
Warrant liability
Level 3 [Member]
Warrant liability	$ 12,849	$ 39,083

Summary of Significant Accoun_7

Summary of Significant Accounting Policies - Schedule of Fair Value of Warrant Liabilities (Details) - USD ($)	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Accounting Policies [Abstract]
Fair value of warrant liabilities beginning balance	$ 39,083	$ 1,794,396
Fair value of warrant, Exercised		(55,791)
Change in fair value of warrants	(26,234)	(1,699,522)
Fair value of warrant liabilities ending balance	$ 12,849	$ 39,083

Summary of Significant Accoun_8

Summary of Significant Accounting Policies - Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share (Details) - shares	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Total	2,226,157	1,960,932
Warrants to Purchase Common Stock [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Total	182,191	182,191
Options to Purchase Common Stock [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Total	1,731,745	1,466,520
Convertible Notes to Exchange Common Stock [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Total	312,221	312,221

Summary of Significant Accoun_9

Summary of Significant Accounting Policies - Schedule of Computation of Basic and Diluted Loss Per Share (Details) - USD ($)	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Accounting Policies [Abstract]
Net loss attributable to common shareholders	$ (3,517,065)	$ (12,814,324)
Denominator: Weighted average common shares - basic and diluted	6,664,238	5,315,944
Loss per common share - basic and diluted	$ (0.53)	$ (2.41)

Patent Purchases (Details Narra

Patent Purchases (Details Narrative) - USD ($)	Jan. 11, 2018	Dec. 31, 2019	Jul. 19, 2019	Dec. 31, 2018
Common stock, par value		$ 0.0001	$ 0.0001	$ 0.0001
Number of shares issued for services, value	$ 278,750
Andrew Kennedy Lang [Member]
Number of shares issued for services	6,250
Another Individual [Member]
Number of shares issued for services	12,500
Patent Rights Purchase and Assignment Agreement [Member] | Delaware Corporation and Crypto Currency Patent Holdings Company LLC [Member]
Consideration paid for purchase of patent	$ 250,000
Number of stock issued for purchase of patent	62,500
Common stock, par value	$ 0.0001
Number of stock issued for purchase of patent, value	$ 960,000

Property and Equipment and In_3

Property and Equipment and Intangible Assets (Details Narrative)	Nov. 15, 2019shares	Sep. 30, 2019USD ($)$ / sharesshares	Jul. 19, 2019USD ($)	Jun. 01, 2018USD ($)	Feb. 12, 2018USD ($)a	Feb. 07, 2018USD ($)	Dec. 31, 2019USD ($)$ / sharesshares	Dec. 31, 2018USD ($)	Jun. 28, 2018$ / shares
Common stock, issued during the period, value			$ 7,472,417				$ 245,494
Common stock issued during period | shares	1,058,558	474,808					474,808
Common stock price | $ / shares		$ 0.90					$ 0.90		$ 3.80
Common stock percent			3.00%
Change in fair value of mining payable		$ 507,862					$ 507,862
Purchase price						$ 5,251,719
Depreciation expense							923,304	2,003,695
Impairment of mining equipment								2,222,688
Impairment of leasehold improvements							447,776
Monthly rental payment							129,441
Annual rent				$ 1,997
Lease expense							106,847
Lease Agreement [Member]
Depreciation expense							900,000	2,000,000
Lease expense							107,372	88,043
Amortization expense							71,177	66,017
Marathon Crypto Mining, Inc [Member]
Purchase price						4,557,072
Installation costs						$ 694,647
Installation costs period						2 years
Depreciation expense								2,003,696
Impairment of mining equipment								2,222,688
Impairment of leasehold improvements								$ 447,776
Marathon Crypto Mining, Inc [Member] | Lease Agreement [Member]
Area of land | a					26,700
Lease term					5 years
Lease termination date					Nov. 30, 2022
Monthly rental payment					$ 10,013
Annual rent					$ 120,150
Miners [Member]
Common stock, issued during the period, value							$ 513,700
Common stock issued during period | shares							583,750
Common stock price | $ / shares							$ 0.88
Change in fair value of mining payable							$ 507,862
Asset Purchase Agreement [Member]
Common stock, issued during the period, value		$ 2,233,773
Common stock issued during period | shares		1,276,442
Common stock percent		19.90%
SelectGreen Blockchain Ltd [Member]
Common stock, issued during the period, value		$ 4,086,250
Common stock issued during period | shares		2,335,000
Common stock price | $ / shares		$ 1.75

Property and Equipment and In_4

Property and Equipment and Intangible Assets - Schedule of Finte Lived Intangible Asset (Details) - USD ($)	Dec. 31, 2019	Dec. 31, 2018
Property And Equipment And Intangible Assets - Schedule Of Finte Lived Intangible Asset
2020	$ 71,176
2021	71,176
2022	71,176
2023	71,176
2024	71,176
Thereafter	717,698
Total	$ 1,073,578	$ 1,144,755

Property and Equipment and In_5

Property and Equipment and Intangible Assets - Schedule of Components of Property, Equipment and Intangible Assets (Details) - USD ($)	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Gross property, equipment and intangible assets	$ 8,452,292	$ 4,360,818
Less: Accumulated depreciation and amortization	(3,623,745)	(2,181,488)
Property, equipment and intangible assets, net	$ 4,828,547	2,179,330
Website [Member]
Useful life (Years)	7 years
Gross property, equipment and intangible assets	$ 121,787	121,787
Mining Equipment [Member]
Useful life (Years)	2 years
Gross property, equipment and intangible assets	$ 7,120,505	3,029,031
Mining Patent [Member]
Useful life (Years)	17 years
Gross property, equipment and intangible assets	$ 1,210,000	$ 1,210,000

Stockholders' Equity (Details N

Stockholders' Equity (Details Narrative) - USD ($)	Nov. 15, 2019	Sep. 30, 2019	Jul. 22, 2019	Jul. 19, 2019	Oct. 12, 2018	Dec. 31, 2019	Dec. 31, 2018	Jun. 28, 2018
Preferred stock, shares outstanding
Common stock, par value				$ 0.0001		$ 0.0001	$ 0.0001
Common stock, issued during the period, value				$ 7,472,417		$ 245,494
Common stock percent				3.00%
Professional fees				$ 25,000		$ 422,335	1,216,820
Common stock issued during period	1,058,558	474,808				474,808
Common stock price		$ 0.90				$ 0.90		$ 3.80
Change in fair value of mining payable		$ 507,862				$ 507,862
Option number of shares						275,000	1,362,500
Option term						4 years 9 months 22 days	9 years 9 months 11 days
Options exercise price						$ 2.04	$ 2.32
Amortized period						9 months 18 days
Common Stock [Member]
Conversion of converted shares							1,377,886
Common stock, issued during the period, value						$ 17
Common stock issued during period						172,126
Common Stock Options [Member]
Fair value of options granted to employees						$ 163,165	$ 1,377,678
Estimated stock-based compensation expense						$ 28,590
Amortized period						9 months 18 days
Miners [Member]
Common stock, issued during the period, value						$ 513,700
Common stock issued during period						583,750
Common stock price						$ 0.88
Change in fair value of mining payable						$ 507,862
Consultant [Member] | Other 2019 Common Stock Activity [Member]
Common stock, issued during the period, value						$ 259,500
Common stock issued during period						150,000
Note Holders [Member] | 2018 Common Stock Activity [Member]
Number of shares issued for debt conversion							954,871
Number of common shares issued for services							54,600
Number of shares issued for patent purchase							62,500
Consultants [Member]
Number of common shares issued for services							56,250
8 Employees and Consultants [Members] | Common Stock Options [Member]
Common stock price			$ 2.04
Option number of shares			275,000
Option term			5 years
Options exercise price			$ 2.04
Options vesting percentage			50.00%
Option vesting, description			Vesting 50% on the date of grant and 25% on each 6 months anniversary of the date of grant.
Vesting term			6 months
Average expected term			2 years 8 months 9 days
Volatility rate			39.46%
Executive Officers and Board Members [Members]
Common stock price					$ 2.32
Option number of shares					1,362,500
Options exercise price					$ 2.32
Options vesting percentage					50.00%
Option vesting, description					Vesting 50 % on the date of grant and 25% on each 6 months anniversary of the date of grant.
Vesting term					6 months
Average expected term					5 years 2 months 8 days
Volatility rate					39.35%
Executive Officers and Board Members [Members] | Common Stock [Member]
Common stock issued during period					1,362,500
Asset Purchase Agreement [Member]
Common stock, issued during the period, value		$ 2,233,773
Common stock percent		19.90%
Common stock issued during period		1,276,442
SelectGreen Blockchain Ltd [Member]
Common stock, issued during the period, value		$ 4,086,250
Common stock issued during period		2,335,000
Common stock price		$ 1.75
GBV [Member]
Number of shares issued as termination fee							750,000
Market Offering Agreement [Member]
Common stock issued during period						172,126
Net proceeds						$ 255,893
Net of offering cost						$ 10,399
Series B Convertible Preferred Stock [Member]
Preferred stock, shares outstanding
Series E Convertible Preferred Stock [Member]
Preferred stock, shares outstanding
Conversion of converted shares						1,378
Number of shares issued for conversion						1,377,886
Warrants [Member] | 2018 Common Stock Activity [Member]
Number of shares issued for conversion							4,433

Stockholders' Equity - Summary

Stockholders' Equity - Summary of Outstanding Stock Warrants (Details) - Warrants [Member] - $ / shares	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Number of Warrants Balance Beginning	182,191	193,492
Number of Warrants Expired		(301)
Number of Warrants Exercised		(11,000)
Number of Warrants Balance Ending	182,191	182,191
Number of Warrants Exercisable	182,191
Weighted Average Exercise Price Balance Beginning	$ 25.04	$ 23.96
Weighted Average Exercise Price Expired		62.40
Weighted Average Exercise Price Exercised		4.80
Weighted Average Exercise Price Balance Ending	25.04	$ 25.04
Weighted Average Exercise Price Exercisable	$ 25.04
Weighted Average Remaining Contractual Life (in years) Balance Beginning	3 years 1 month 6 days	4 years 1 month 6 days
Weighted Average Remaining Contractual Life (in years) Balance Ending	2 years 9 months 18 days	3 years 1 month 6 days
Weighted Average Remaining Contractual Life (in years) Exercisable	2 years 9 months 18 days

Stockholders' Equity - Summar_2

Stockholders' Equity - Summary of Stock Options (Details) - $ / shares	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Equity [Abstract]
Number of Options, Beginning Balance	1,466,520	112,193
Number of Options, Granted	275,000	1,362,500
Number of Options, Expired	(9,775)	(8,173)
Number of Options, Ending Balance	1,731,745	1,466,520
Number of Options Vested and Expected to Vest	1,731,745	1,466,520
Number of Options Vested and Exercisable	1,594,245	783,013
Weighted Average Exercise Price, Beginning Balance	$ 6.66	$ 62
Weighted Average Exercise Price, Granted	2.04	2.32
Weighted Average Exercise Price, Expired	82.05	42.84
Weighted Average Exercise Price, Ending Balance	5.50	6.66
Weighted Average Exercise Price, Options vested and expected to vest	5.50	6.66
Weighted Average Exercise Price, Options vested and exercisable	$ 5.80	$ 10.32
Weighted Average Remaining Contractual Life (in years), Beginning Balance	9 years 5 months 27 days	6 years 2 months 23 days
Weighted Average Remaining Contractual Life (in years), Granted	4 years 9 months 22 days	9 years 9 months 11 days
Weighted Average Remaining Contractual Life (in years), Expired	0 years	0 years
Weighted Average Remaining Contractual Life (in years), Ending Balance	7 years 11 months 1 day	9 years 5 months 27 days
Weighted Average Remaining Contractual Life (in years), Options vested and expected to vest	7 years 11 months 1 day	9 years 5 months 27 days
Weighted Average Remaining Contractual Life (in years), Options vested and exercisable	8 years 2 months 16 days	9 years 2 months 30 days

Debt, Commitments and Conting_3

Debt, Commitments and Contingencies (Details Narrative) - USD ($)	Jun. 01, 2018	Aug. 14, 2017	Dec. 31, 2019	Dec. 31, 2018
Debt interest rate			5.00%	5.00%
Debt maturity date			Sep. 1, 2021	Sep. 1, 2021
Convertible notes payable			$ 999,106
Interest expense			51,915	$ 81,482
Amortization of debt discount				2,290,028
Monthly rental payment	$ 1,997
Security deposit	$ 3,815
CF Dynamic Advances LLC [Member]
Percentage of ownership interest			30.00%
Unit Purchase Agreement [Member]
Secured convertible promissory note		$ 5,500,000
Debt interest rate		5.00%
Number of warrant to purchase shares of common stock		1,718,750
Debt conversion, description		The Convertible Notes are convertible into shares of the Company's Common Stock at the lesser of (i) $0.80 per share or (ii) the closing bid price of the Company's common stock on the day prior to conversion of the Convertible Note; provided that such conversion price may not be less than $0.40 per share.
Debt conversion price per share		$ 0.80
Percentage of issued and outstanding stock upon conversion maximum		40.00%
Warrant exercise price per share		$ 4.80
Accrued interest			$ 194,935	144,981
Interest expense			49,954	72,104
Amortization of debt discount			$ 0	$ 2,290,028
Unit Purchase Agreement [Member] | Maximum [Member]
Debt conversion price per share		$ 1
Unit Purchase Agreement [Member] | Investor [Member]
Secured convertible promissory note		$ 5,500,000
Debt interest rate		5.00%
Debt maturity date		May 31, 2018
Debt instrument maturity description		The investor agreed to extend the maturity date to September 1, 2021.

Debt, Commitments and Conting_4

Debt, Commitments and Contingencies - Schedule of Debt (Details) - USD ($)	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Commitments and Contingencies Disclosure [Abstract]
Maturity date	Sep. 1, 2021	Sep. 1, 2021
Interest rate	5.00%	5.00%
Convertible Note	$ 999,106	$ 999,106
Less: debt discount
Total Convertible notes, net of discount	999,106	999,106
Total	999,106	999,106
Less: current portion		(999,106)
Long term portion	$ 999,106

Debt, Commitments and Conting_5

Debt, Commitments and Contingencies - Schedule of Components of Lease Cost (Details)	12 Months Ended
	Dec. 31, 2019USD ($)
Commitments and Contingencies Disclosure [Abstract]
Operating lease cost	$ 106,847
Operating lease expense	106,847
Short-term lease rent expense	22,594
Total rent expense	$ 129,441

Debt, Commitments and Conting_6

Debt, Commitments and Contingencies - Schedule of Weighted Average Lease (Details)	12 Months Ended
	Dec. 31, 2019USD ($)
Commitments and Contingencies Disclosure [Abstract]
Operating cash flows from operating leases	$ 97,079
Weighted-average remaining lease term - operating leases	1 year 9 months 18 days
Weighted-average discount rate - operating leases	6.50%

Debt, Commitments and Conting_7

Debt, Commitments and Contingencies - Schedule of Minimum Lease Payments (Details) - USD ($)	Dec. 31, 2019	Jan. 02, 2019	Dec. 31, 2018
Commitments and Contingencies Disclosure [Abstract]
2020	$ 98,701
2021	98,701
2022	26,918
Total	224,320
Less present value discount	(15,882)
Lease current portion of operating lease liabilities	(87,959)
Non-current operating lease liabilities	$ 120,479	$ 289,283

Income Taxes (Details Narrative

Income Taxes (Details Narrative) - USD ($)	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Income Tax Disclosure [Abstract]
Net loss carry forwards	$ 2,600,000	$ 11,400,000
Net loss carry forwards, expiration period	2034
Unrecognized tax benefits
Minimum franchise fee		$ 800

Income Taxes - Schedule of Diff

Income Taxes - Schedule of Differences Between Effective Tax Rate and Statutory Federal Rate (Details)	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Income Tax Disclosure [Abstract]
Computed "expected" tax expense (benefit)	(21.00%)	(21.00%)
Change in valuation allowance	21.00%	21.00%
Effective tax rate	0.00%	0.00%

Income Taxes - Schedule of Defe

Income Taxes - Schedule of Deferred Tax Assets (Details) - USD ($)	Dec. 31, 2019	Dec. 31, 2018
Income Tax Disclosure [Abstract]
Total deferred tax assets	$ 23,556,924	$ 22,907,783
Total deferred tax liabilities
Less: valuation allowance	(23,556,924)	(22,907,783)
Net deferred tax asset

Subsequent Events (Details Narr

Subsequent Events (Details Narrative) - USD ($)	Feb. 29, 2020	Dec. 31, 2019	Dec. 31, 2018
Debt maturity date		Sep. 1, 2021	Sep. 1, 2021
Subsequent Event [Member]
Debt maturity date	Mar. 2, 2020
Payment of convertible notes payable	$ 65,000
Debt instrument maturity description	The maturity date of the Convertible Notes is extended by another 18 months to September 1, 2021.
Debt conversion price per share	$ 0.80
Subsequent Event [Member] | Maximum [Member]
Debt conversion price per share	$ 1