Why not buy an ASIC directly from China?

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, the most important selling platform in China, banned the sale and regulation of ASIC miners in China. So many times you may encounter sellers who want to make the transaction through Alibaba as if they were selling you another product but you are really buying an ASIC.

Be careful, if a problem arises later, Alibaba will believe that you have purchased the product from the website itself, so that can create inconvenience when opening a claim.

Why did Alibaba stop marketing miners and accessories for miners?

Alibaba announced, that on October 8, 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 everything related to the generation, trade and use of cryptocurrencies.

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

1.When they are machines of low value (2nd hand), they tend to send you very broken machines, without repair, because they know that the cost of return to China is expensive and that it will not compensate you to send it back, because of course even if the fault is theirs, you must pay.

How the supplier is characterized Jutai Technology Co Ltd. located in Dali Industrial Park, Qinxi, Donguan, Guangdong, China.who sends purposely broken machines, which are only useful as paper treaders. We show you pictures:

Why not buy an ASIC directly from China?

There are many reasons why not to buy an ASIC directly from China, but we will expose the most important ones to make you aware of a purchase of this caliber abroad and we will give you examples of it.

Alibaba, the most important selling platform in China, banned the sale and regulation of ASIC miners in China. So many times you can find sellers who want to make the transaction through Alibaba, as if they were selling you another product, although you are really buying an ASIC.

Please note that, if a problem arises later, Alibaba will believe that you have purchased the product from the website itself, so that may create inconvenience for you when opening a claim.

Why did Alibaba stop marketing miners and accessories for miners?

Alibaba announced that on October 8, 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 everything related to the generation, trade and use of cryptocurrencies.

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

Risk of scams: China is known to have a large number of scammers who take advantage of foreign buyers who are not familiar with the market. Therefore, if you are not familiar with the sellers and do not take appropriate precautionary measures, you run the risk of becoming a victim of a scam.
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 return to China is expensive and that it will not compensate you to send it back, because of course even if the fault is theirs, you must pay.

How the supplier is characterized Jutai Technology Co Ltd. located in Dali Industrial Park, Qinxi, Donguan, Guangdong, China.who sends purposely broken machines, which are only useful as paper treaders. 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 does not answer your complaints and always uses the same excuse that the machines arrive broken from shipping.

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

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

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 put loss or damage insurance, and if they do they will not take responsibility if something 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 talk about the time is between 10-15 days, and the vast majority of the time they sell you an express shipment and finally it ends up arriving as a standard shipment. 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, keep 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 importation of mining equipment from China, which may make the purchasing process more difficult.

In summary, the decision to buy a mining ASIC from China is to know that you will 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 care of it. And of course, all the money you can lose taking into account all the above points.

Keep a close eye on what you buy and from whom you buy it.