Asic Life

The life of an Asic

The day you first start thinking about making a new friend – Asic is still being assembled from an all-metal enclosure, control board and hash board at the factory. You read its specifications, look at the yields – choose a device to suit your budget and outlet. Meanwhile, managers are communicating with the factories to buy back orders (whole lots) of new asics, so they can retail them on availability and send them all over the world with the help of Cargo companies. The next step is to buy back your friend from the factory or from availability in China. A story about today’s “realities” in Ukraine. Shipping of mining equipment itself, and lately any electronics, is quite a problematic process if you don’t have reliable partners who can ship quickly without delays, often for cheap shipping it must be bulky, and since for spring 2020 there are problems with the number of commercial flights – you need to assemble a whole shipment for delivery. This is when companies like ours – ASIC FOX – come on the scene. We take the whole process on ourselves – Buying equipment to the sorting warehouse, checking the Asik, delivering it in 5-10 days on the contract, checking in the office in Kiev, and sending to your home with our guarantee. So, you decided to buy a device pre-calculated, consulted our specialist and decided to make a payment + to issue a contract of delivery. Many people are often confused by full payment or 50/50 payment, and we like to offer devices in stock without prepayment. Unfortunately this point is difficult to change, because if all companies bought the equipment for their own account and froze funds – would suffer the rest of the business processes, and we are the guarantor of quality for over three years in Ukraine, and do not allow ourselves default. For ease of payment, it is possible to deposit 15% for the booking of an Asik, so that we can repurchase it immediately in China. This is done because of price volatility and the market itself, as new asics are often in short supply and China raises prices. So the waiting time has come, you have already made payment, signed up for a contract – now you are counting days of delivery, at the same time updating your manager (we are constantly updating our cargo status in the kargo, and make pictures of how the ashik is arriving at the sorting warehouse). Here the excitement and anticipation is usually heightened as the cargo hasn’t arrived yet, but your savings are already gone. Morning comes – it’s good when it starts with happy news: your friend is already in Ukraine and waiting for the unloading from the terminal, you are oriented when you can already include him. You have already prepared all the necessary accounts (Exchange, pools, exchangers) and waiting for the notice of Novaya Pochta or come to the office at the appointed time. Before shipping we send you screenshots of the device – you can see how it first dials its terahash . We try to make your first installation as comfortable as possible – we put in the package 2 power cables for the unit, and an ethernet cable. If this is your initial setup, you can count on a lot of help from our experts when switching it on. We are usually available via telegram, phone or can connect remotely via TeamViewer. So there it is, standing where you set it up after a week or two of looking at it from the screen. Only now in quarantine you can quietly go about their business knowing that your friend is working every day, and he doesn’t need an office for that) Such a freelance entrepreneurial case) Typically, the payback period depends on many factors, from experience we say that ideally – it’s 6-9 months.

Just always keep in mind that an asicle itself is a long term investment; and even if in a year or two you decide to upgrade your friend – you can count on a conditional trade-in, in Ukraine is well developed second-hand equipment market, where you can offer companies or intermediaries to buy back the device for resale, and get an additional bonus. Our regular customers like to take new products on the way out and renew them once a year by selling their current units – an ideal business model. We hope in this review you’ll see the whole point and pitfalls that may occur on your way to mining, and that you won’t fall for the scammers and swindlers that are already out there (in every actual niche). Our task was to summarize and tell you about the life cycle of one device, and don’t be sad when you sell it – its adventures don’t end there♻️