Bitcoin mixers, also known as bitcoin tumblers, are services that help users regain privacy by breaking the link between their original bitcoin address and their identity. This is done by combining their coins with those of other users, making it harder for anyone to trace where the mixed bitcoins originated. Tumblers can be implemented in a variety of ways, with some being decentralized while others are centralized and managed by third parties.
Although sometimes associated with illicit activities, there are plenty of legitimate reasons to use a bitcoin mixer. For instance, paying someone in bitcoin can reveal a lot about how they spend their money. A simple search on the blockchain can reveal whether their funds went to buy pizza or a cremation. This is why many people want to use a bitcoin mixer to regain some level of anonymity.
Using a bitcoin mixer is as easy as sending a coin to a special bitcoin address provided by the mix service. The bitcoins will then be combined with those of other users and then sent back to the user’s original address, minus a service fee. Some mixers will then further jumble the coins and redistribute them to multiple output addresses for additional anonymity.
Yo!Mix is a well-known bitcoin mixer that offers a range of features to increase privacy. It is free to use, has a low minimum amount and can mix up to 180 BTC. It also offers support for TOR and can delete data logs immediately after mixing. Sinbad is another popular Bitcoin mixer with a good reputation for reliability and offering advanced functionality. It also supports TOR and can mix up to five addresses. bitcoin blender