Topic: Bitcoin mixing service (Read 392 times)

There is a massive difference in security, but most people here wouldn't be laundering enough funds to matter.  The DOJ even proved not too long ago that when people are mixing millions of dollars they can track nearly every satoshi.  These "mixing" programs aren't made to mix large amounts of funds.  They're made to profit from the nickel and dime scammers who think they need to worry about the FBI chasing down their $20 fake gift card sales schemes.  That's where the high profit margin is, and that's who their signature campaign members reach with their "scam busting" techniques, which are basically just advertising their signatures to those they want to use their service.

Chipmixer is one of the best mixing service around, but I would suggest that you always use only .onion link with Tor browser.
Regular clearnet version o website is constantly under attacks of scammers and it's not available at the moment.
For more information visit official ANN topic for Chimpixer:

Very well explained on how to approach this aspect if you do really want to get the benefits of using a mixing service.
After all, you want to keep your privacy, hence, using this kind of service.
Also, if you will not be using like ChipMixer, better use a mixer service who has active thread in this forum.
In that manner, in case you will encounter any issues, they can help you resolve your situation.
Don't trust services that you think you can't get a hold of their support.
Because as you are aiming to maintain your privacy, you are also increasing the chance of losing your funds.

The main security consideration is the same with any platform, service, or exchange, to which you have to deposit your coins; mainly that you do not have custody of your coins for the duration that they are on said platform. With that in mind, you might prefer to split up (for example) 1 BTC in to a number of smaller deposits and withdraw all or some of each deposit before sending the next deposit, so you are never leaving more than, say, 0.2 BTC with ChipMixer at any time. Or you may decide that is more hassle than it is worth and just deposit the full 1 BTC in one go. Up to you.

There are some privacy considerations, though. Understandably, larger chips are withdrawn far less often than smaller chips. If you were to deposit 1.024 BTC (or slightly more), and then immediately withdraw a 1.024 BTC chip, then you weaken your privacy.

In addition to waiting some time between deposits and withdrawals, you can also split and merge deposits to aid with both the points I have made above. You could deposit 0.2 BTC, and then a few days later withdraw 0.128 BTC and leave 0.072 BTC with ChipMixer. Then, a few days after that, you deposit another 0.2 BTC, giving you 0.272 BTC, and allowing you to withdraw 0.256 BTC. By leaving some coins on ChipMixer and depositing and withdrawing from a pool over a period of days, weeks, or months, you maximize your privacy, and you can also make a number of smaller transactions rather than mixing your full stack at once.

Thanks for explaining that so succinctly.

I take it there are no differences in terms of security when using large or small amounts, including 0.001 BTC?

Sure.

About 6 weeks ago, Wasabi announced on twitter that zkSNACKs, the entity which runs the coordinator for the all the coinjoin transaction which take place through Wasabi wallet, would start censoring some inputs and refusing to allow them to partake in coinjoins. Wasabi then explained on Telegram that they would be hiring a blockchain analysis company, which would monitor and surveil every user of Wasabi and ever UTXO stored on a Wasabi wallet and decide which ones were and were not allowed to partake in coinjoins. They have since revealed that they did this voluntarily to protect their own operations and therefore their own profits, and not because they were forced to because of any government, law, or regulation.

Wasabi is now pro-censorship and anti-privacy. They should be avoided, unless you like seeing your coinjoin fees go straight to a blockchain analysis company which is being paid to spy on you and you specifically.

Sorry, would you mind explaining and sharing more about it?

I know that Wasabi wallet for a long time is one of most favorite wallet with Coin Join transaction and Tor connection. I did not know about what censorship Wasabi do on their users. In addition, why did they do that? Under pressure and requirement from governments or something else just related to their internal policy changes.

ChipMixer works in multiples of 0.001 BTC. Anything you deposit will be rounded down to the nearest 0.001 BTC increment, with whatever is left over treated as a donation/fee, since you don't actually pay any fees on the mixing or withdrawal process. If you deposit <0.001 BTC, it will all be treated as a donation. If you were to deposit 0.00543 BTC, for example, you would be credited with 0.005 BTC, and 0.00043 BTC would be given as a donation.

The smallest chip you can withdraw is 0.001 BTC. Chips then go up in size in powers of 2, so 0.002 BTC, 0.004 BTC, 0.008 BTC, and so on, up to 8.192 BTC.

This is all explained on their FAQ page. It works normally for me via the Tor link I posted above.

It looks like I may have deposited less than the minimum amount, which seems to be 0.001 BTC (though who can blame me).

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The onion site seems to work okay, which is a relief.

Bloody hell, that's a lot more than the $26 I lost in my first attempt! Please note my post above.

It appears chipmixer.com has been hijacked:

https://bitcointalksearch.org/topic/m.59961271

I was hopeful for the ChipMixer suggestion, but I just clicked their banner ad on this page and received a 504 error. Is this typical? I was using blender.io until they disappeared last week. I got scammed at  Anonymix, (only lost $200) so I don't need any more surprises right now...

Okay, so chipmixer.com appears to be down, so I used the onion link (http://chipmixorflykuxu56uxy7gf5o6ggig7xru7dnihc4fm4cxqsc63e6id.onion). I've made my deposit and had 6 confirmations. I've refreshed the page a few times and it appears not to be acknowledging the transaction.

Is there a minimum amount they can process? I am reluctant to transfer large amounts for obvious reasons. I can't access the FAQs (may be a problem with Tor Browser).

ChipMixer represent a great new model in mixing industry. i wonder why other mixers not use the same techniques (chips with unique keys to withdraw) and all other features. The ongoing signature campaign can tell how this company is reliable and trusted.

It looks like they have been off for a while. Both the clearnet and Tor links don't load 

This was what they said 20 days ago. Not sure when they plan to resume.

Apparently the clearnet has an issue and they are working on it. Do not use it. The Tor version is still working.

This was their update today

Fake news...




Read the topic a second time, the user was talking about Cryptomixer

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(edit: at the time this guy posted it was still fake news. As of today, people reading my post should follow this link)

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@o_e_l_e_o is right about Wasabi. I commented about it a few days ago

I don't fully know about Bitcoin mixing services, have never used them and in the future I might not necessarily try it, but if you want to know which is a good bitcoin mixing service and highly recommended, I suggest you to try using Chipmixe, a lot of things I have with about this Chipmixer some say this Chipmixer makes us a little worried about it because some say the security certificate has expired.

But I got a news that this Chipmixer is very safe to use compared to some other mixers. Chipmixer security is very strict and very private which keeps many users safe, many users say their service is also very good. I see this Chipmixer is also very good role in this Forum and has a good promotion. this is the right choice if you want to use it, Chipmixer is proven to be very safe and not a scam.

ChipMixer easily has the best and longest standing reputation among all bitcoin mixers.

A point to note though: Do not find the link to use via a web search. The number of fake and malicious clones is staggering. Here is the link you should use (Tor preferred both for privacy and security):

http://chipmixorflykuxu56uxy7gf5o6ggig7xru7dnihc4fm4cxqsc63e6id.onion/

You can verify this link is correct in their official thread mk4 linked to above.

Wasabi now spy on their users and censor transactions, so I would no longer recommend them.

I am not actually using any Bitcoin mixing service platform nor am planning to do in the foreseeable future but what I know is that Chipmixer is the best, most reliable and definitely a non-scam on this arena. Chipmixer is well-known in this forum because of their signature promotional activities and since it lasted for years already with above-average ratings from users then maybe this is really worth checking in.

Mixing service: ChipMixer
CoinJoin service: Wasabi / Samourai / JoinMarket

If you have any questions with ChipMixer, feel free to ask here: https://bitcointalksearch.org/topic/ann-chipmixercom-bitcoin-mixer-bitcoin-tumbler-mixing-reinvented-1935098