Everything in Observer
Distributors
Business Description
ASIC Marketplace, founded in March 2021 and headquartered at an industrial address in Kwai Chung, Hong Kong, is a direct-retail ASIC mining hardware distributor sourcing equipment from Chinese manufacturers and shipping to buyers in more than 80 countries.
The company's catalog covers hardware from more than two dozen OEMs, including Bitmain, MicroBT (Whatsminer), Canaan (Avalon), Goldshell, Innosilicon, Iceriver, Jasminer, Ibelink, and Ebang, as well as newer producers Bitdeer, VolcMiner, and ElphaPex. The range spans multiple proof-of-work algorithms: SHA-256 (Bitcoin), KHeavyHash (Kaspa), and Scrypt (Litecoin and Dogecoin) among them. Select units ship with a free power supply unit included, and payment is accepted via bank wire (T/T) and a cryptocurrency payment gateway.
As of its July 2024 three-year milestone, ASIC Marketplace had sold more than 12,800 units to a customer base exceeding 4,300 buyers, according to a press release distributed via Chainwire and covered by CoinTelegraph, Decrypt, and Finbold. Logistics options include a Delivered Duty Paid (DDP) service, under which ASIC Marketplace handles customs clearance at the destination, and a low-value customs declaration service for buyers seeking to reduce import duty exposure. The company advertises 24/7 customer support covering pre-sale queries, order disputes, and after-sales assistance.
The platform's founding rationale, stated on its About Us page, was to remove customs clearance friction for individual and small-commercial buyers outside China who lack import infrastructure. ASIC Marketplace does not operate a used-hardware buyback program and does not stock ASIC spare parts, two service gaps noted consistently in third-party reviews on BitDegree and coinspot.io.
Mining content creators including VoskCoin, Red Panda Mining, The Hobbyist Miner, and Red Fox Crypto are listed as endorsers on the ASIC Marketplace homepage. Community discussion of the company on VoskCoinTalk forums dates to its early operating period, where independent users assessed its legitimacy. The company holds a Trustpilot score of approximately 4.7 based on around 430 published reviews as of 2026, with reviewers citing responsive post-sale support and reliable shipping timelines. ASIC Marketplace also maintains a Spotify podcast covering hardware selection guidance and mining market updates.
The 2024 halving cycle pushed fleet upgrades across the mining sector, and ASIC Marketplace expanded its catalog to include next-generation Bitcoin and Kaspa miners from Bitmain, Iceriver, and Goldshell. The company is listed on ConnectAmericas, a Latin American B2B platform, reflecting active distribution in markets where customs complexity remains a common procurement barrier.
