Hi all,

  I don't want to be considered a troll, but I think the experience I am having should be shared. 

  So I ordered in good faith 5 units of the Antminer L1 back when they were first introduced.  I know pre paying for mining equipment so far in advance is a risky (and arguably stupid) proposition, but the deal looked good and I have had dozens of successful transactions with Bitmain so I decided to take my chances.  Bitmain has always made good on pre orders for me so I didn't think twice about it.  My gamble was more about the value and difficulty of LTC come time to receive the units. 

  Well, as many of you know, the L1 units were promised to be delivered in December.  Granted we are still 2 weeks away from the end of the month, but the fact that there has been no news or even a picture of the product released got me thinking they were going to have trouble making the deadline.  I politely wrote them and asked if there were news and they said there was not, so I asked if I would be allowed to use what I had paid for the L1 units toward a new order and they responded YES.

  Here's the thing...  the L1 units are priced in USD, $599 each.  I bought 5, so a total of $2995.  I of course paid them in BTC at the time of the order, and as we all know, BTC has dropped sharply since September.  When I went to make a NEW order for things they actually have, my order total was about $3047.  I wrote support (as I was instructed to do) and gave them the order numbers for the old orders (of the L1 units) and the new order.  By my math I owe them $52.  They wrote back and told me my balance due on the new order was roughly 2.7 BTC, a far cry from the $52 I thought I owed for my new order.  I immediately responded and explained that since the L1 units are priced in dollars, I feel my credit should be in dollars to which they said they can't do that.

  The L1 units (if they exist) are arguably worth more than $600, and certainly worth much more than anything I would get in BTC credit applied from September.  I feel that Bitmain is wrong for doing this.  I paid them $599 per unit but now they want my credit to be for the BTC paid.  There's no way to prove this, but we can all be pretty sure that if BTC were UP at this point, the credit back to me would likely be in USD, and not in the BTC I paid.

  The whole issue is they have all but admitted they won't make delivery on the L1 units as promised.  They haven't offered a shred of information about them.  I feel it wrong for them to expect me to take a loss on the value of my payment in order to get anything for what I have paid. 

  I told them to cancel my new order and leave the orders for the L1 units open, and that's where things are at now.  I have to say I expected better from this company and I am disappointed.  The best I can do is hope they actually ship L1 units at some point, because I believe they will have much more value than what Bitmain is offering me now.

  I just wanted to share my experience, that's all.