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DIGITAL CURRENCIES
12 Months Ended
Dec. 31, 2022
Digital Currencies  
DIGITAL CURRENCIES

7. DIGITAL CURRENCIES

 

The following table presents the activities of the digital currencies for the years ended December 31, 2022 and 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 
Additions of mined digital currencies   16,693,000 
Payments to vendors   (418,000)
Impairment of mined cryptocurrency   (3,099,000)
Sale of digital currencies   (15,812,000)
Realized gain on sale of digital currencies   1,025,000 
Balance at December 31, 2022  $554,000