PROPERTY PLANT AND EQUIPMENT MINING MACHINES

3 Months Ended

Sep. 30, 2023

PROPERTY PLANT AND EQUIPMENT MINING MACHINES

PROPERTY PLANT & EQUIPMENT MINING MACHINES

NOTE 6 – PROPERTY PLANT & EQUIPMENT MINING MACHINES

On August 24, 2022, the Company entered into a contract to purchase 20 Bitmain XJ S19 Pro 110 th and installation at Simple Mining in Iowa

Depreciation expenses amounted to $14,948 and $17,003 for the periods ended September 30, 2023, and 2022, respectively. On September 30, 2023, and June 30, 2023, balances were as follows:

	Estimated Life in years		September 30, 2023		June 30, 2023
Mining equipment		1		533,500		533,500
Less: Accumulated Depreciation				533,500		518,522
Fixed assets, net				-		14,948