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Condensed Statements of Cash Flows (Unaudited) - USD ($)
6 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Cash flows from operating activities:    
Net income (loss) $ 832,196 $ (588,861)
Adjustments to reconcile net income (loss) to net cash used in operating activities:    
Depreciation and amortization 724,880 177,792
Series B preferred stock issued for related party stock-based compensation $ 1,880,000 0
Common stock issued for services 40,733  
Realized gain on sale of digital currencies $ (527,833) (51,577)
Gain on forgiveness of debt (5,924) 0
Change in fair value of derivative liabilities 0 (36,912)
Amortization of debt discount 0 166,031
Loss on disposition of property and equipment 0 207,281
Changes in assets and liabilities:    
Digital currencies (3,116,369) (219,853)
Prepaid expenses and other current assets 182,944 0
Accounts payable (33,086) (84,986)
Accrued expenses (3,083) 22,390
Due to related party (6,941) (13,252)
Net cash used in operating activities (32,483) (421,947)
Cash flows from investing activities:    
Increase in equipment deposits (5,426,212) 0
Net proceeds from the sale of digital currencies 5,421,314 3,243,219
Purchase of digital currencies (1,884,416) (2,939,468)
Purchase of property and equipment (6,782) (381,243)
Net cash used in investing activities (1,896,096) (77,492)
Cash flows from financing activities:    
Repayment of notes payable (13,229) (17,184)
Proceeds from convertible notes payable 0 563,000
Net cash provided by (used in) financing activities (13,229) 545,816
Net increase (decrease) in cash (1,941,808) 46,377
Cash, beginning of period 2,097,537 6,675
Cash, end of period 155,729 53,052
Supplemental disclosure of cash flow information:    
Cash paid for interest 462 0
Non-cash investing and financing activities:    
Equipment deposits transferred to property and equipment 7,625,326  
Accrued preferred stock dividends 267,022  
Conversion of Series B preferred shares for common shares 2,474  
Common shares issued for common stock payable $ 5,480,000  
Debt discount for derivative liabilities   258,460
Common shares issued in conversion of debt   362,936
Settlement of derivative liabilities   141,749
Notes payable issued for property and equipment   57,822
Property and equipment purchased with digital securities   $ 4,178