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Author Topic: 🛡️ MixTum.io - Premium Bitcoin Mixer | Launched in 2018  (Read 18797 times)

Offline MrSpasybo

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Re: 🛡️ MixTum.io - Premium Bitcoin Mixer | Launched in 2018
« Reply #45 on: February 05, 2024, 09:44:59 PM »
I've already read it all, but I asked about my personal experience because when I started the mixing process, it was not clear whether I would be charged a mixer fee + fixed network fee or not.
For mixing 0.001, the total costs can reach up to 0.00075, which is currently so expensive for me only for testing.

So, I need reliable information from someone who has gone through the process, not just copying from the site.
Everything is clearly explained in the FAQ:
10. How does your free trial mixing work?
You can initiate trial mixing via the respective button on the main page. The commission for cleansing will not be charged, but you must send us exactly 0.001 BTC.


I'm just explaining it again so you understand. You will still need to pay 0.0007 BTC as a transaction fee on the Bitcoin network during the Mix process, MixTum cannot pay this transaction fee for you. Free trial was created to help people who do not understand how to use MixTum to experiment with a small amount of BTC 0.001 ~ $40.
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MIX FREE
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Re: 🛡️ MixTum.io - Premium Bitcoin Mixer | Launched in 2018
« Reply #45 on: February 05, 2024, 09:44:59 PM »

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Offline Lucius

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Re: 🛡️ MixTum.io - Premium Bitcoin Mixer | Launched in 2018
« Reply #46 on: February 06, 2024, 04:35:48 PM »
~snip~
I'm just explaining it again so you understand. You will still need to pay 0.0007 BTC as a transaction fee on the Bitcoin network during the Mix process, MixTum cannot pay this transaction fee for you. Free trial was created to help people who do not understand how to use MixTum to experiment with a small amount of BTC 0.001 ~ $40.


The only fee that needs to be paid when it comes to the "free mixing" option is the one that is paid for sending from the user's wallet to MixTum, and that fee is not fixed but depends on the current situation in the mempool, and on the number of user inputs from which the initial transaction results.

The fee you are talking about is applied to commercial transactions, which means that the user pays "4-5% + 0.0007 BTC (network fee)." I tried the free service a few months ago and I sent exactly 0.001 BTC and got the same amount back.
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MIX FREE
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Re: 🛡️ MixTum.io - Premium Bitcoin Mixer | Launched in 2018
« Reply #47 on: February 06, 2024, 04:51:18 PM »
I'm just explaining it again so you understand. You will still need to pay 0.0007 BTC as a transaction fee on the Bitcoin network during the Mix process, MixTum cannot pay this transaction fee for you. Free trial was created to help people who do not understand how to use MixTum to experiment with a small amount of BTC 0.001 ~ $40.

You obviously did not understand what I was asking, so I will do it again for you. So I'm not looking for quotes or an explanation of what is written on the site, but asking for personal experience with free mix on Mixtum

For example, Lucius answered exactly as I was looking for:

When I was in their campaign on the BTT forum, I tried the free mix and wrote my review - and I can confirm that the only fee you will pay is the one when you send coins to the mixer, which means only the miners fee. After that, you will receive the total amount that you sent back to the address that you specified in the mixing process.

All this assuming that nothing has changed in the last few months, and as far as I can see from the FAQ, everything has remained the same.
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MIX FREE
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Offline damsix

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Re: 🛡️ MixTum.io - Premium Bitcoin Mixer | Launched in 2018
« Reply #48 on: February 06, 2024, 05:45:21 PM »
For example, Lucius answered exactly as I was looking for:

When I was in their campaign on the BTT forum, I tried the free mix and wrote my review - and I can confirm that the only fee you will pay is the one when you send coins to the mixer, which means only the miners fee. After that, you will receive the total amount that you sent back to the address that you specified in the mixing process.

All this assuming that nothing has changed in the last few months, and as far as I can see from the FAQ, everything has remained the same.
At this stage I am starting to understand a little about Bitcoin transaction fees on the Mixer Mixtum platform but I have questions like these:
-Mixtum provides a Bitcoin Mixer service without a fee when Bitcoin mixing occurs and only gets a fee when I send Bitcoin to Mixtum's destination address.
-Then if this is done repeatedly by everyone who uses Mixtum, then how will Mixtum get funds if there is no fee when mixing Bitcoin??
retire and rest in peace

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Re: 🛡️ MixTum.io - Premium Bitcoin Mixer | Launched in 2018
« Reply #49 on: February 06, 2024, 06:39:51 PM »
At this stage I am starting to understand a little about Bitcoin transaction fees on the Mixer Mixtum platform but I have questions like these:
-Mixtum provides a Bitcoin Mixer service without a fee when Bitcoin mixing occurs and only gets a fee when I send Bitcoin to Mixtum's destination address.
-Then if this is done repeatedly by everyone who uses Mixtum, then how will Mixtum get funds if there is no fee when mixing Bitcoin??

It's about mixing without charging a fee for testing purposes. I assume that Mixtum's idea is to encourage its users to try their service. For free testing, there is a limitation that the amount must be exactly 0.001. Not less or not more.
Everything else is considered regular use of the service and Mixer will charge for its services at pre-determined fees. It should be noted that it is for all "commercial" transactions minimum deposit is 0.003 BTC.
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MIX FREE
Up to 1mBTC
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Offline MrSpasybo

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Re: 🛡️ MixTum.io - Premium Bitcoin Mixer | Launched in 2018
« Reply #50 on: February 06, 2024, 09:05:16 PM »
The only fee that needs to be paid when it comes to the "free mixing" option is the one that is paid for sending from the user's wallet to MixTum, and that fee is not fixed but depends on the current situation in the mempool, and on the number of user inputs from which the initial transaction results.

The fee you are talking about is applied to commercial transactions, which means that the user pays "4-5% + 0.0007 BTC (network fee)." I tried the free service a few months ago and I sent exactly 0.001 BTC and got the same amount back.
Thank you so much for reconfirming this feature on Mixtum.
Mixtum can take a more specific example: only 1 output address, send 0.001 BTC, pay mining fees of 4.5K satoshi = $2, receive 0.001 BTC.

Other BTC Mixers should also learn from Mixtum to reach users more easily.
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MIX FREE
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Re: 🛡️ MixTum.io - Premium Bitcoin Mixer | Launched in 2018
« Reply #51 on: February 07, 2024, 03:19:41 PM »
At this stage I am starting to understand a little about Bitcoin transaction fees on the Mixer Mixtum platform but I have questions like these:
-Mixtum provides a Bitcoin Mixer service without a fee when Bitcoin mixing occurs and only gets a fee when I send Bitcoin to Mixtum's destination address.
-Then if this is done repeatedly by everyone who uses Mixtum, then how will Mixtum get funds if there is no fee when mixing Bitcoin??
It's about mixing without charging a fee for testing purposes. I assume that Mixtum's idea is to encourage its users to try their service. For free testing, there is a limitation that the amount must be exactly 0.001. Not less or not more.
Agghh i see , 0.001 Bitcoin is a value that is limited to testing, very smart ideas from marketing mixtum.
I can also now try to mix bitcoin on the mixtum platform with a value of 0.001 bitcoin.

Everything else is considered regular use of the service and Mixer will charge for its services at pre-determined fees. It should be noted that it is for all "commercial" transactions minimum deposit is 0.003 BTC.
Oh man, i got the ther point. I was too focused on the problem without checking the main website of the mixtum, sorry.
The minimum deposit is 0.003 BTC and this is a fairly large value for now and maybe around 130 USD but for Whales the value is very small because maybe Whales play with dozens of bitcoin to mix on the mixtum platform.
retire and rest in peace

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Re: 🛡️ MixTum.io - Premium Bitcoin Mixer | Launched in 2018
« Reply #51 on: February 07, 2024, 03:19:41 PM »


Offline Lucius

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Re: 🛡️ MixTum.io - Premium Bitcoin Mixer | Launched in 2018
« Reply #52 on: February 07, 2024, 04:42:53 PM »
Thank you so much for reconfirming this feature on Mixtum.
Mixtum can take a more specific example: only 1 output address, send 0.001 BTC, pay mining fees of 4.5K satoshi = $2, receive 0.001 BTC.

Other BTC Mixers should also learn from Mixtum to reach users more easily.


I also had some doubts until I tried it and made sure that the whole thing works, but testing is the best way to understand something. I also agree that (if I'm not mistaken) the free mixing option is a unique feature of MixTum, but I will also say that one mixer that unfortunately no longer exists had the greatest success with the "pay what you want" option, which might not be a bad option for mixing a certain amount, of course more than the 0.001 BTC that exists now.
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▀▄ Premium Bitcoin Mixer ▄▀
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MIX FREE
Up to 1mBTC
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Re: 🛡️ MixTum.io - Premium Bitcoin Mixer | Launched in 2018
« Reply #53 on: February 07, 2024, 04:49:01 PM »
Oh man, i got the ther point. I was too focused on the problem without checking the main website of the mixtum, sorry.
The minimum deposit is 0.003 BTC and this is a fairly large value for now and maybe around 130 USD but for Whales the value is very small because maybe Whales play with dozens of bitcoin to mix on the mixtum platform.

With the high price of Bitcoin, along with high fees, all services become significantly more expensive. If this trend continues, for "small" payments, Bitcoin will become unusable.
For example, until now I paid for domain renewal in Bitcoin and the fee was not a problem for me, but the high price + high fee now makes the process significantly more expensive. All this is also reflected on the mixers and it is only worth mixing over 0.01 BTC.
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MixTum.io
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Re: 🛡️ MixTum.io - Premium Bitcoin Mixer | Launched in 2018
« Reply #54 on: February 07, 2024, 05:09:38 PM »
I also had some doubts until I tried it and made sure that the whole thing works, but testing is the best way to understand something. I also agree that (if I'm not mistaken) the free mixing option is a unique feature of MixTum, but I will also say that one mixer that unfortunately no longer exists had the greatest success with the "pay what you want" option, which might not be a bad option for mixing a certain amount, of course more than the 0.001 BTC that exists now.
Of course, one experiment will be worth many times theory and speculation. MixTum understands this and has provided a free trial feature for potential users.

Some Mixers allow customizing fees according to time and cleanliness of BTC, which is quite handy but sometimes users may not make wise choices, so MixTum has fixed the mixing time to 6h with fees not exceeding 5% + 0.0007 BTC.
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Re: 🛡️ MixTum.io - Premium Bitcoin Mixer | Launched in 2018
« Reply #55 on: February 08, 2024, 12:17:13 PM »
The minimum deposit is 0.003 BTC and this is a fairly large value for now and maybe around 130 USD but for Whales the value is very small because maybe Whales play with dozens of bitcoin to mix on the mixtum platform.
For example, until now I paid for domain renewal in Bitcoin and the fee was not a problem for me, but the high price + high fee now makes the process significantly more expensive. All this is also reflected on the mixers and it is only worth mixing over 0.01 BTC.
How do you mean?
I don't really understand this part, sorry.

Or maybe this is how I see it, the higher the price of Bitcoin, the higher the Bitcoin transaction costs.
All Bitcoin mixer platforms will also increase their minimum deposit balance, so that the mixer platform gets a % share of the profits.
For example, the price of Bitcoin rises to 210,000 USD and the Mixtum platform increases the minimum Bitcoin deposit balance for mixing, which was initially a minimum of 0.003 BTC but increased to 0.01 BTC for minimum deposit, is that what you mean??
retire and rest in peace

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Re: 🛡️ MixTum.io - Premium Bitcoin Mixer | Launched in 2018
« Reply #56 on: February 08, 2024, 10:07:56 PM »
With the high price of Bitcoin, along with high fees, all services become significantly more expensive. If this trend continues, for "small" payments, Bitcoin will become unusable.
No.
We just won't use on-chain transactions for that.
Now we have Lightning, Liquid, and maybe some better layer two solutions will appear soon.
Privacy on-chain is still important and that can be done with more coins.

For example, until now I paid for domain renewal in Bitcoin and the fee was not a problem for me, but the high price + high fee now makes the process significantly more expensive. All this is also reflected on the mixers and it is only worth mixing over 0.01 BTC.
Even if you pay with fiat you have to pay extra fees, paypal and banks are charging and taking their cut all the time.
Right now I can send $5 or $5million dollar worth of Bitcoin and pay $1.3 or 20 sat/vB.
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MixTum.io
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Re: 🛡️ MixTum.io - Premium Bitcoin Mixer | Launched in 2018
« Reply #57 on: February 08, 2024, 11:05:37 PM »
How do you mean?
I don't really understand this part, sorry.

Or maybe this is how I see it, the higher the price of Bitcoin, the higher the Bitcoin transaction costs.
All Bitcoin mixer platforms will also increase their minimum deposit balance, so that the mixer platform gets a % share of the profits.
For example, the price of Bitcoin rises to 210,000 USD and the Mixtum platform increases the minimum Bitcoin deposit balance for mixing, which was initially a minimum of 0.003 BTC but increased to 0.01 BTC for minimum deposit, is that what you mean??

Currently, the Mixtum service fee is 5% + 0.0007 BTC, so for example, for a mixing amount of 0.003, the total fee will be up to 0.00085 BTC. With network congestion like we've had lately, sending coins to Mixtum can also cost 0.00015 through a network fee. Which is a total of 0.001 BTC, and with the Bitcoin price as you suggest $210k we arrive at the $210 cost of this service.
Sounds crazy, right? This is just an example and applies to all businesses with smaller payment amounts.

With the high price of Bitcoin, along with high fees, all services become significantly more expensive. If this trend continues, for "small" payments, Bitcoin will become unusable.
No.
We just won't use on-chain transactions for that.
Now we have Lightning, Liquid, and maybe some better layer two solutions will appear soon.
Privacy on-chain is still important and that can be done with more coins.

We also have Litecoin, TRX, BNB, Matic, ADA or any other with cheap transactions, but not all of them are implemented as a payment method on many services. Bitcoin is good for large amounts, as you say yourself, but for small amounts, it is definitely out of business.
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MIX FREE
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Offline MrSpasybo

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Re: 🛡️ MixTum.io - Premium Bitcoin Mixer | Launched in 2018
« Reply #58 on: February 09, 2024, 12:31:08 AM »
I don't think the fees to Mix BTC should be calculated in $, but should be calculated as a % of the initial amount.
For example: I want to Mix 10 BTC, I am willing to pay 5% fees for the service. This is completely normal, even though that 5% would be 0.5BTC = $22K.

When the initial amount is large enough, the +0.0007 BTC fees will be a very small percentage and can be considered insignificant. As in the example above, to Mix 10BTC, I have to pay fees of 5% x 10BTC + 0.0007 BTC = 0.5007 BTC = 5.007% of the initial amount.

Let's consider few estimates:

Initial (BTC)|Fees (BTC)|Fees/Initial
0.003|0.00085|28.3%
0.005|0.00095|19%
0.01|0.0012|12%
0.1|0.00057|5.7%
1|0.0507|5.07%
10|0.5007|5.007%
50|2.5007|5.0014%
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Up to 1mBTC
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Offline damsix

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Re: 🛡️ MixTum.io - Premium Bitcoin Mixer | Launched in 2018
« Reply #59 on: February 09, 2024, 02:58:46 PM »
For example, the price of Bitcoin rises to 210,000 USD and the Mixtum platform increases the minimum Bitcoin deposit balance for mixing, which was initially a minimum of 0.003 BTC but increased to 0.01 BTC for minimum deposit, is that what you mean??
Currently, the Mixtum service fee is 5% + 0.0007 BTC, so for example, for a mixing amount of 0.003, the total fee will be up to 0.00085 BTC. With network congestion like we've had lately, sending coins to Mixtum can also cost 0.00015 through a network fee. Which is a total of 0.001 BTC, and with the Bitcoin price as you suggest $210k we arrive at the $210 cost of this service.
Sounds crazy, right? This is just an example and applies to all businesses with smaller payment amounts.
Dammnnn, Holy ****. I just found out about this calculation and it made me quite surprised to see that the fees given to them were so large.
The calculations are very systematic and easy for me to understand, I don't hesitate to give you +1 for your answer. 8)

This means that all Bitcoin Mixer platforms have made extraordinary profits.
Users also get satisfaction because they dissolve every Bitcoin transaction they have, even though sacrificing a fairly large fee is not a problem.

I don't think the fees to Mix BTC should be calculated in $, but should be calculated as a % of the initial amount.
For example: I want to Mix 10 BTC, I am willing to pay 5% fees for the service. This is completely normal, even though that 5% would be 0.5BTC = $22K.

When the initial amount is large enough, the +0.0007 BTC fees will be a very small percentage and can be considered insignificant. As in the example above, to Mix 10BTC, I have to pay fees of 5% x 10BTC + 0.0007 BTC = 0.5007 BTC = 5.007% of the initial amount.

Let's consider few estimates:

Initial (BTC)|Fees (BTC)|Fees/Initial
0.003|0.00085|28.3%
0.005|0.00095|19%
0.01|0.0012|12%
0.1|0.00057|5.7%
1|0.0507|5.07%
10|0.5007|5.007%
50|2.5007|5.0014%
This means that your statement is exactly the same as the examplens, for mixing Bitcoin with a small value it is a loss to do, but if we mix Bitcoin with a large value then the fee is relatively cheaper than with a small value of Bitcoin when mixing.
It can be seen from the table that there are significant differences starting from number 1 table to the last table.

The fee comparison is the difference with the other ones, the initial fee was 28% and the final fee was only 5%.
The problem is, when do I have 50 Bitcoins to mixing at Mixtum platform? lol
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