XML 48 R33.htm IDEA: XBRL DOCUMENT v3.19.1
Organization and Basis of Presentation (Details Narrative) - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Jun. 13, 2018
Mar. 23, 2018
Mar. 19, 2018
Mar. 16, 2018
May 18, 2017
Jun. 30, 2018
Mar. 31, 2018
Dec. 31, 2018
Dec. 31, 2017
Sep. 30, 2018
May 16, 2018
Organization, Consolidation and Presentation of Financial Statements Disclosure [Line Items]                      
Common stock, shares authorized               2,500,000,000 2,500,000,000    
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.                  
Universal shelf registration statement amount $ 150,000                    
Securities sold during the period, value         $ 118          
Description on Cryptocurrency mining             The Company took delivery of an additional 2,000 Bitcoin mining machines in Sweden and moved 4,300 machines (including 2,100 investor-owned machines) from Washington to Sweden. During the year ended December 31, 2018, the Company mined 245 Bitcoin for total revenue of $2,010. In addition, the miners the Company operate pursuant to the management agreements mined 184 Bitcoin during the same period.      
Customer deposits                   $ 947 $ 368
Restructuring expense           $ 2,499   $ 2,499    
Revenue on mining               2,010      
Sale of asset in consideration     $ 60 $ 60       $ 60    
Percentage of assets sold convertible into equity interest     20.00%                
Promissory Note [Member]                      
Organization, Consolidation and Presentation of Financial Statements Disclosure [Line Items]                      
Sale of asset in consideration     $ 1,000 $ 1,000              
Percentage of assets sold convertible into equity interest       20.00%              
Quincy [Member]                      
Organization, Consolidation and Presentation of Financial Statements Disclosure [Line Items]                      
Description on Cryptocurrency mining               As of December 31, 2018, MGT owned and operated approximately 500 miners located in a leased facility in Quincy, Washington. Prior to the mining assets' relocation to the United States, the Company conducted a physical observation concluding that there are approximately 5,750 operating machines in Sweden. In connection with the relocation to the U.S., approximately 3,000 were shipped to Colorado and 2,750 were shipped to Ohio. Of the 5,750 machines shipped, 3,800 of these machines are owned by the Company, while the remaining machines are investor owned.      
Service Providers [Member]                      
Organization, Consolidation and Presentation of Financial Statements Disclosure [Line Items]                      
Restructuring expense           1,350          
Vendors [Member]                      
Organization, Consolidation and Presentation of Financial Statements Disclosure [Line Items]                      
Restructuring expense           $ 1,149          
Hosting Agreement [Member] | Beacon Leasing LLC [Member]                      
Organization, Consolidation and Presentation of Financial Statements Disclosure [Line Items]                      
Fixed price of electricity capacity per month                 810    
Paid to electricity charges first and last month of services                 $ 1,620    
February 27, 2019 [Member]                      
Organization, Consolidation and Presentation of Financial Statements Disclosure [Line Items]                      
Common stock, shares authorized               2,500,000,000      
April 15, 2019 [Member]                      
Organization, Consolidation and Presentation of Financial Statements Disclosure [Line Items]                      
Securities sold during the period, value               $ 6,036,000      
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