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Statements of Operations (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Feb. 28, 2025
Feb. 29, 2024
Feb. 28, 2025
Feb. 29, 2024
Revenue from the sale of mining equipment $ 0 $ 20,471 $ 717,147 $ 190,192
Revenue from hosting 0 10,116 0 21,980
Revenue from self-mining 1,517,422 861,026 2,001,105 1,190,749
Total revenue 1,517,422 891,613 2,718,252 1,402,921
Gross profit 304,716 323,622 424,922 427,704
Operating expenses:        
General and administrative expenses 102,273 69,827 150,730 77,057
Depreciation 227,694 235,370 358,319 457,901
Professional fees 215,569 227,530 318,969 303,390
Investor relations 11,000 128,309 26,400 141,560
Insurance 36,930 30,912 55,395 78,828
Officers compensation 365,881 210,276 878,778 420,553
Directors compensation 56,355 13,200 125,910 26,400
Employee share holder compensation 176,467 133,530 367,108 257,196
Change in the fair value of cryptocurrency 26,170 (76,591) (59,046) (76,591)
Total operating expenses 1,218,339 972,362 2,222,563 1,686,295
Loss from operations (913,623) (648,740) (1,797,641) (1,258,591)
Other income (expense)        
Interest expense (60,496) (54,279) (128,931) (153,699)
Bad debt expense (124,815) 0 (124,815) 0
Loss on the extinguishment of debt (57,958) (183,670) (80,961) (221,208)
Loss on investment 0 (68,559) 0 (111,773)
Change in derivative liability 0 37,777 0 (114,835)
Interest income 0 14,791 718 29,584
Other income (expense), net (243,269) (253,941) (333,988) (571,931)
Net loss (1,156,891) (902,682) (2,131,629) (1,830,522)
Deemed dividend on Series A Preferred Stock 0 0 (2,960,648) 0
Net loss attributable to common stockholders $ (1,156,891) $ (902,682) $ (5,092,277) $ (1,830,522)
Basic (loss) per common share $ (0.03) $ (0.02) $ (0.12) $ (0.04)
Diluted (loss) per common share $ (0.03) $ (0.02) $ (0.12) $ (0.04)
Weighted-average number of common shares outstanding: Basic 39,667,607 49,748,705 43,566,253 49,785,202
Weighted-average number of common shares outstanding: Diluted 39,667,607 49,748,705 43,566,253 49,785,202
Sale of Mining Equipment [Member]        
Cost of revenue $ 0   $ 670,000 $ 180,891
Self Mining [Member]        
Cost of revenue 1,212,706 $ 556,849 1,623,331 779,791
Hosting Services [Member]        
Cost of revenue $ 0 $ 11,142 $ 0 $ 14,534