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Breaking News: Coinbase Confirms DOJ Investigation Following Major Security Incident

Review of a bitcoin mixer: Mixer.Money – reliable protection of your assets

NewsBTC
NewsBTC
2 years ago
3 mins read

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Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
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A bitcoin mixer is a service that helps users get untainted bitcoins. Amid increased crypto regulation and active crypto tracking, mixers have become one of the most reliable ways to protect cryptocurrency funds from being frozen by exchanges. Reasons for such a problem are numerous and vary from a large number of transactions to receiving coins from a sanctioned or a suspicious wallet.

Mixer.Money provides clean coins, with a particularly high level of anonymity ensured by the ‘complete anonymity’ mode. Users receive untainted coins from reliable sources under the conditions of complete confidentiality.

How the service works

The bitcoin mixer is based on the bitcoin.mixer 2.0 algorithm which guarantees multi-level mixing. Customers deposit their coins and receive other coins. The transaction history cannot be analyzed by most tracking algorithms (including cluster, taint, and quantitative analysis). This helps to improve anonymity and provide untainted coins.

The mixer is easy to use:

  1. Select the mixing mode.
  2. Enter the payout addresses. These remain active for 7 days, which is convenient when working with exchanges that may delay the payout.
  3. Download the letter of guarantee.
  4. Enter the mixer-generated address and the number of coins for mixing in the wallet.
  5. Click the “Send” button.

In several hours, new coins will be deposited at the specified addresses. There are some useful tips to be found in the instructions, which we recommend reading before using the mixer for the first time. There is also a free test without mixing fees. You can deposit 0.001 BTC, pay only the transaction fee, and receive clean coins. In this way, you will make sure that the service provides untainted coins.

It is important that the service does not store any customer data or assign identifiers to requests. Everything is done via a PGP system. The TOR mirror has disabled JavaScript in order to improve anonymity.

Mixer.Money modes

Mixer.Money offers two main mixing modes, as well as the ‘exact amount’ feature for sending an exact amount in clean bitcoins to a counterparty.

‘Mixer’ mode

This is a simple mode with quick mixing and low fees. A customer deposits bitcoins as described above, the coins are anonymized and sent to the exchange. The customer then receives already clean coins from other customers using the ‘complete anonymity’ mode.

Pros:

  1. High speed.
  2. Low fees.

Cons:

  1. Medium mixing level.
  2. Risks of receiving your own coins back in case of using the ‘complete anonymity’ mode within the same day.
  3. Susceptibility to cluster analysis.

This mode imitates traditional cryptocurrency tumblers, which mix coins and randomly distribute them among the users. The only difference is that you get bitcoins from another pre-mixer, meaning that there is no risk of receiving your own coins back (unless you also use another mode, as already mentioned above).

‘Complete anonymity’ mode

This mode was developed for thorough bitcoin mixing. After the coins are deposited in the pre-mixer, they are transferred either into the ‘Mixer’ mode or to our investors at a crypto exchange. The amounts are generated randomly which makes it almost impossible to trace their record.

We use the funds provided by reliable investors who trade on crypto exchanges. In fact, the ‘complete anonymity’ mode provides bitcoins, which have already been validated by exchanges. The investors who receive your coins and who provide you with clean coins are different people. The algorithms continuously split, tumble, and send bitcoins to different addresses. The time-delay is also determined by the algorithm to obfuscate bitcoin transactions for the quantitative analysis. Transitional wallets are matched in such a way that the exact amount is returned, without change, thus obscuring the transactions.

Pros:

  1. High mixing level.
  2. Protection from cluster analysis, quantitative analysis, etc.
  3. Complete user and transaction anonymity.

Cons:

  1. Higher fees.
  2. Prolonged mixing time (up to 6 hours).

The distribution of funds among the specified wallets is determined by the mixer based on mathematical algorithms. It is not always convenient, but it reliably protects transactions from cluster analysis because there is no change in each intermediary transaction.

‘Exact amount’ mode

The ‘exact amount’ mode helps to organize payments with your partners by sending the exact sum. This mode uses the coins from the ‘complete anonymity’ mode. You are guaranteed to send untainted bitcoins, which improves your reputation when dealing with counterparties.

Mode comparison

The characteristics of different modes are indicated in the table below.

Additional Mixer.Money features

The service can be used on the website, via a TOR mirror, or a Telegram bot @mm5btc_bot.

Mirror: mixer1.money
TOR: mixermikevpntu2o.onion
TOR v3: mixermo4pgkgep3k3qr4fz7dhijavxnh6lwgu7gf5qeltpy4unjed2yd.onion

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Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

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Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

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We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

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