Buying Antminer s19* from alibaba

Joined
May 16, 2021
Messages
4
It's surprisingly hard to find testimonials about buying antminers from China. The information I do find tends to be old.

It's a bit unsettling because I'm about to drop 5 figures on antminers.

I know to use trade assurance and deal only with verified buyers, preferably with many years on the marketplace. I was wondering if anyone has any other tips about the process, as I've never done it before.

Also, I was wondering if most people tend to focus on one coin, and the best hardware to mine that, or if folks more commonly split their resources.
 
Joined
May 16, 2021
Messages
4
But your antminers from Bitmain directly instead of a random shop. Bitmain is legit. I’ve bought four asic miners from them.

Innosilicon is also a solid place to buy from
I would gladly do that, but there is no stock of anything. Only the S19J is even displayed on their website, and no way to preorder it.

The date is tbd, and I suspect when the batch arrives, it will be bought up by large farms ordering dozens.
 
Joined
May 16, 2021
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4
Edit: The choice seems more like buying from alibaba or not mining, and I definitely have not ruled out the latter.
 

noko

Supreme [H]ardness
Joined
Apr 14, 2010
Messages
6,263
Bought ASIC from Innosilicon via a local dealer but it came from Taiwan, surprised how fast I got it, like 3 days. Bought a ASIC from Bitmain via Amazon.com (really just a dealer) that went well. Then lost $1400 going directly to a fraud dealer in China. If you buy Bitmain, buy direct from them, that should be OK. Both ASICs where thrown in the trash due to just being obsolete.
 
Joined
May 16, 2021
Messages
4
Have you ever done any mining before? If so, gpu or asic?

I've not, but I maintain a lot of servers, cheap renewable power, and have a good understanding of electrical circuits.

Just seems like a natural extension.

Bought ASIC from Innosilicon via a local dealer but it came from Taiwan, surprised how fast I got it, like 3 days. Bought a ASIC from Bitmain via Amazon.com (really just a dealer) that went well. Then lost $1400 going directly to a fraud dealer in China. If you buy Bitmain, buy direct from them, that should be OK. Both ASICs where thrown in the trash due to just being obsolete.
Googling innosilicon is not encouraging.
 

saligi

n00b
Joined
May 28, 2021
Messages
3
Bought miners last year on Alibaba.com and every single price are not correct. The price varies and connected to the BTC price...
 
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