What is a Bitcoin Mixer?
A bitcoin mixer is a service that helps you to maintain your anonymity when sending funds. It does this by obscuring the connection between your bitcoin address and your real-world identity by mixing your coins with other users’ coins in a pool. The bitcoin mixer then sends your mixed coins back to you, minus a fee.
Although bitcoin mixers can be used for illicit purposes, they are primarily legitimate tools for those who want to enhance their privacy. The blockchain reveals the names of all transactions made with bitcoin, and this enables law enforcement agencies to trace the origin of a specific wallet and its subsequent spends (such as pizza or a cremation). Using a bitcoin mixer helps to prevent such tracing by obscuring the link between your wallet and the bitcoin addresses it sends funds to.
There are a number of different bitcoin mixer services available, some of which are decentralized while others are centralized. Most of these mixers offer low to no service fees and a wide variety of features designed to protect your privacy. Some of these features include a no-logs policy, a high mix capacity, and support for TOR. Others include an instant mix and the ability to mix multiple wallets.
There are also several Bitcoin mixers that allow you to specify how many hops you want your coins to take, which makes it even harder to track the origin of a specific set of bitcoins. The more hops, the better. bitcoin blender