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Property and Equipment

9 Months Ended

Sep. 30, 2014

Property and equipment consist of the following at September 30, 2014 and December 31, 2013:

	September 30, 2014			December 31, 2013
Equipment	$	12,305		$	4,000
Computer		3,469			-
Digital currency mining hardware		42,545			-
Website development		144,796

Accumulated depreciation		(3,411	)		(444	)
Property and equipment, net	$	199,704		$	3,556

Depreciation expense is approximately $2,011 and $2,967 for the three and nine months ended September 30, 2014, respectively.

- Definition

The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures.

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