Digital Assets

9 Months Ended

Sep. 30, 2023

Note 2. Digital Assets

Digital assets are as follows:


		September 30, 2023				December 31, 2022			September 30, 2022
Bitcoin	$		2,246,340		$		888,026	$		408,879
Tether			10,160				-			-
Total digital assets			2,256,500				888,026			408,879

Bitcoin
		September 30, 2023							September 30, 2022
Beginning of Year	$		888,026					$	-
Purchase of Bitcoin			35,157							786,586
Production of Bitcoin			8,342,646							-
Impairment loss on mined Bitcoin			(822,650	)						(377,707	)
Carrying amount of Bitcoin sold			(6,196,839	)						-
End of Period	$		2,246,340					$		408,879

GUSD
		September 30, 2023							September 30, 2022
Beginning of Year	$		-					$		-
Purchase of GUSD			-							500,000
GUSD Earned on digital assets			-							5,658
Sale of GUSD			-							(505,658	)
End of Period	$		-					$		-

The Company mined 117.1 and 315.4 Bitcoin for the three and nine months ended September 30, 2023, respectively. The Company sold 106.1 and 282.0 Bitcoin for the three and nine months ended September 30, 2023, respectively. The Company mined 2.2 Bitcoin for the three and nine months ended September 30, 2022. The Company sold nil Bitcoin for the three and nine months ended September 30, 2022.


	September 30, 2023			December 31, 2022		September 30, 2022

Bitcoin Balance		90.1			54.9		33.2

	September 30, 2023					September 30, 2022
Beginning of Year		54.9					-
Production of Bitcoin		315.4					2.2
Purchase of Bitcoin		2.0					31.0
Sale of Bitcoin		(282.0	)				-
Fees		(0.2	)				-
End of Period		90.1					33.2