Bitcoin Magazine makes it official: Lightning Rewards are over. \ stacker news ~bitcoin

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Bitcoin Magazine makes it official: Lightning Rewards are over.

658 sats \ 20 comments \ @StillStackinAfterAllTheseYears 18 May bitcoin

Just got this email from them. FWIW, was able to pull out the 571 sats that were left.

Dear Bitcoin Magazine App User,

Effective May 31st, the Bitcoin Magazine app will no longer offer lightning rewards. An integral provider for to our lightning solution, IBEX pay, has recently announced the suspension of their US operations as you may have already heard.The withdraw feature will no longer be available as of May 31st, 2024, and we advise all users with remaining reward sats on our app to consider the most critical lesson in Bitcoin – self-custody – and transfer them to cold storage.

When we introduced lightning rewards, we aimed to provide an easy pathway for new Bitcoiners to earn their first sats while completing our free 21-day Bitcoin education course or reading articles. We take pride in the community of new Bitcoiners our program has fostered.We understand this news is disappointing, and we apologize for any inconvenience this may cause. Thank you for your understanding and continued support.

-The Bitcoin Magazine App Team

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182 sats \ 7 replies \ @TheBTCManual 18 May

You telling me Bitcoin Mag can't run their own node? Damn

122 sats \ 0 replies \ @Fabs 18 May

(Wannabe) Bitcoin magazine.

1 sat \ 5 replies \ @Rsync25 18 May

While this... VC arm of them run shitcoin Node:

0 sats \ 4 replies \ @TheBTCManual 18 May

LOL talk about having your priorities out of wack

21 sats \ 3 replies \ @Rsync25 18 May

Yep. Run a Lightning Node isn't priority for them.

0 sats \ 2 replies \ @StillStackinAfterAllTheseYears OP 18 May

I sent them a link to this article, but they haven't responded. Maybe they don't trust the folks who published it.

10 sats \ 0 replies \ @TheBTCManual 18 May

https://media.tenor.com/dpSZDy4LaowAAAAC/funny-laughing.gif

0 sats \ 0 replies \ @Rsync25 18 May

LMAO

32 sats \ 1 reply \ @grayruby 18 May

Great. No reason for anyone to have that app now.

20 sats \ 0 replies \ @BlokchainB 18 May

You can still bookmark your favorite articles

51 sats \ 0 replies \ @Cowboy 18 May

My withdraw pending from 2 months

21 sats \ 0 replies \ @Coinsreporter 18 May

I got the same email from them and as they are calling it a lesson. I suppose it's most probably a lesson for BM and not for us. We, Stackers already know where to put our Sats in.

11 sats \ 0 replies \ @cryotosensei 18 May

They should have asked Vitalik Buterin for a donation. After all, he founded it haha

11 sats \ 0 replies \ @Satosora 18 May

haha you know, at least they were honest an up front about it.

0 sats \ 0 replies \ @kilianbuhn 18 May

A lot of the faucet-esqe and custodial infrastructure seems to be in downturn. Hopefully it's just winter season and not the end of an era 🤕

0 sats \ 0 replies \ @Taurus 18 May

First to see the name first to take it first to enjoy free advertising. And they messed up