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Condensed Statements of Operations (Unaudited) - USD ($)
3 Months Ended
Nov. 30, 2024
Nov. 30, 2023
Revenue from the sale of mining equipment $ 717,147 $ 169,721
Revenue from hosting 0 11,864
Revenue from self-mining 483,683 329,723
Total revenue 1,200,830 511,308
Gross profit 120,205 104,082
Operating expenses:    
General and administrative expenses 82,322 68,398
Depreciation 130,625 222,530
Professional fees 103,400 75,860
Related party compensation 773,093 349,174
Change in the fair value of cryptocurrency (85,216) 0
Total operating expenses 1,004,224 715,962
Loss from operations (884,018) (611,880)
Other income (expense)    
Interest expense (68,435) (99,420)
Loss on the extinguishment of debt (23,003) (37,537)
Loss on investment 0 (43,214)
Change in derivative liability 0 (152,612)
Interest income 718 14,793
Other (expense), net (90,720) (317,990)
Net loss (974,738) (929,870)
Deemed dividend on Series A Preferred Stock (2,960,648) 0
Net loss attributable to common stockholders $ (3,935,386) $ (929,870)
Basic (loss) per common share $ (0.08) $ (0.02)
Diluted (loss) per common share $ (0.08) $ (0.02)
Weighted-average number of common shares outstanding: Basic 47,422,058 49,748,705
Weighted-average number of common shares outstanding: Diluted 47,422,058 49,748,705
Sale of Mining Equipment [Member]    
Cost of revenue $ 670,000 $ 180,891
Self Mining [Member]    
Cost of revenue 410,625 222,942
Hosting Services [Member]    
Cost of revenue $ 0 $ 3,393