XML 33 R23.htm IDEA: XBRL DOCUMENT v3.8.0.1
Organization and Basis of Presentation (Details Narrative) - USD ($)
$ in Thousands
3 Months Ended
Mar. 23, 2018
Mar. 19, 2018
Mar. 16, 2018
Mar. 31, 2018
Dec. 31, 2017
Organization, Consolidation and Presentation of Financial Statements Disclosure [Line Items]          
Common stock, shares authorized       125,000,000 125,000,000
Common stock reverse split The Company’s stockholders approved a 1-for-2 reverse split of the Company’s common stock, to be effected only if needed for the Company’s application to uplist its common stock to a national exchange.        
Description on Cryptocurrency mining       The Company mined 91.5 Bitcoin  
Revenue on mining       $ 1,003  
Sale of asset in consideration   $ 60 $ 60 $ 60  
Conversion convertible interest percentage   20.00%      
Quincy [Member]          
Organization, Consolidation and Presentation of Financial Statements Disclosure [Line Items]          
Description on Cryptocurrency mining       MGT owned and operated approximately 500 miners located in a leased facility in Quincy, Washington and 4,200 miners located in a leased facility in Sweden. In addition, the Company operates about 2,100 miners in the Sweden location pursuant to management agreements. All miners owned or managed by MGT are S9 Antminers sold by Bitmain Technologies LTD. At full deployment expected in May 2018, our total Bitcoin mining capacity, as measured by computational hashing rate, will be approximately 90 petahash per second (“PH/s”). In addition to the S9 Antminers, the Company owns 50 custom designed GPU-based Ethereum mining rigs.  
Promissory Note [Member]          
Organization, Consolidation and Presentation of Financial Statements Disclosure [Line Items]          
Sale of asset in consideration   $ 956 $ 1,000    
Conversion convertible interest percentage     20.00%    
Minimum [Member]          
Organization, Consolidation and Presentation of Financial Statements Disclosure [Line Items]          
Common stock, shares authorized 75,000,000        
Maximum [Member]          
Organization, Consolidation and Presentation of Financial Statements Disclosure [Line Items]          
Common stock, shares authorized 125,000,000