There are many reasons why not to buy a ASIC We will set out the most important ones to make you aware of a purchase of this calibre from abroad and give you examples of this.

On any platform for locating Chinese suppliers such as Alibaba, Globalsources, MADE-IN-CHINA, etc.. You can find dozens of companies offering miners of different characteristics, prices, conditions, etc.. The problem is that for these equipments we often find a lot of "pirate" suppliers, so it is necessary to carry out a series of checks before importing miners from China.

Alibaba, China's largest retail platform, has banned the sale and regulation of ASIC miners in China. So you can often find sellers who want to make the transaction through Alibaba as if they were selling you another product but you are actually buying an ASIC.

Be aware that if a problem arises later, Alibaba will believe that you have bought the product from the website itself, so this may cause you inconvenience when it comes to filing a complaint.

Why did Alibaba stop selling miners and accessories for miners?

Alibaba announced that on 8 October 2021, it will ban the sale of Bitcoin mining hardware and other cryptocurrency-related products. This decision comes in response to the Chinese government's new restrictions on the generation, trade and use of cryptocurrencies.

Why not buy ASICs directly from China? We explain it here:

1.When they are low value machines (2nd hand), they tend to send you very broken machines, without repair, because they know that the cost of returning them to China is expensive and that you will not be compensated for sending them back, because of course, even if it is their fault, you have to pay for it.

How the supplier is characterised Jutai Technology Co Ltd. located at Dali Industrial Park, Qinxi, Donguan, Guangdong, Chinawho sends deliberately broken machines, which are only useful as paper pushers. We show you pictures:

Why not buy an ASIC directly from China?

There are many reasons not to buy an ASIC directly from China, but we will outline the most important ones to make you aware of buying an ASIC of this calibre from abroad and give you examples.

On any platform for locating Chinese suppliers such as Alibaba, Globalsources, MADE-IN-CHINA, etc.. You can find dozens of companies offering miners of different characteristics, prices, conditions, etc.. The problem is that for these equipments we often find a lot of "pirate" suppliers, so it is necessary to carry out a series of checks before importing miners from China.

Alibaba, China's largest retail platform, has banned the sale and regulation of ASIC miners in China. So you can often find sellers who want to make the transaction through Alibaba as if they were selling you another product but you are actually buying an ASIC.

Be aware that if a problem arises later, Alibaba will believe that you have bought the product from the website itself, so this may cause you inconvenience when it comes to filing a complaint.

Why did Alibaba stop selling miners and accessories for miners?

Alibaba announced that on 8 October 2021, it would ban the sale of Bitcoin mining hardware and other cryptocurrency-related products. This decision came in response to the Chinese government's new restrictions on the generation, trade and use of cryptocurrencies.

Why not buy ASICs directly from China? We explain it here:

1. Risk of scams: China is known to have a large number of scammers who prey on foreign buyers who are not familiar with the market. Therefore, if you are not familiar with the sellers and do not take appropriate precautions, you run the risk of falling victim to a scam.
2. When they are low value machines (2nd hand), they tend to send you very broken machines, without repair, because they know that the cost of returning them to China is expensive and that you will not be compensated for sending them back, because of course, even if it is their fault, you have to pay for it.

How the supplier is characterised Jutai Technology Co Ltd. located at Dali Industrial Park, Qinxi, Donguan, Guangdong, Chinawho sends deliberately broken machines, which are only useful as paper pushers. We show you pictures:

On top of that, like many sellers in China (we use the example of Jutai, as he is the seller with the highest rate of scams in China) he doesn't answer your complaints and always uses the same excuse that the machines arrive broken because of the shipping.

https://es.jutaitec.com/ (their website)

We would just like to warn that this company is a FRAUDand that you don't spend a penny of your money on machines from these people.

• Warranty issues: Often, Chinese ASIC manufacturers do not offer adequate warranties for products sold outside of China. This means that if something goes wrong with your ASIC, it may be difficult or impossible to get a refund or repair.
• Lack of technical support: If you buy an ASIC directly from China, you may not have access to adequate technical support in case of problems with the product.
• When they are high value machines (+5,000) they do not usually carry loss or damage insurance, and if they do they will not be responsible if anything happens to it, but they will charge you the insurance surcharge, which can be between 100-150$ more per shipment.
• The delivery time is very long, we are talking about 10-15 days, and the vast majority of the time you are sold an express delivery and it ends up arriving as a standard delivery. So, you would also be throwing your money away.
•  As we explained in the first point, shipping costs from China are very expensive, so the cost of your purchase will go up. Also, bear in mind that once you bring it to Spain, you will have to declare the costs at Customs, and pay the corresponding tax.
• Policy and regulations: Some government regulations may restrict or prohibit the import of mining equipment from China, which may make the purchasing process more difficult.

In short, the decision to buy a mining ASIC from China is to know that you are going to have to comply with all the shipping and purchasing processes and be aware of everything that this may entail, such as breakage, loss, and be sure that your supplier will not take responsibility. And of course, all the money you could lose taking into account all the above points.

Be careful what you buy and from whom you buy it.