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DIGITAL CURRENCIES
12 Months Ended
Dec. 31, 2021
Digital Currencies  
DIGITAL CURRENCIES

8. DIGITAL CURRENCIES

 

Activities related to digital currency were not considered material for the year ended December 31, 2020. The following table presents the activities of the digital currencies for the year ended December 31, 2021:

 

  Digital
Currencies
 
Balance at January 1, 2021  $7,000 
Additions of mined digital currencies   3,450,000 
Payments to vendors   (889,000)
Impairment of mined cryptocurrency   (403,000)
Balance at December 31, 2021  $2,165,000