So after reading everything on the penguin mixer website, it seems like they barely even break the coins down before sending them back.
Perhaps I'm basing this off of the very simple analogy they use to explain the service to layman...
But Is there any advantage to using a service like this as oppose to just opening 10 different electrum wallets adn sending out a butt load of random transactions?
The electrum wallet automatically consolidates coins sent to many different addresses... and allows you to send them out from a completely unique address.
So. Why pay for a mixer?
ALSO: are there tumbling services that offer a far more in depth service than PENMIX?
I assumed my coins would be split into 100's of 1000's of little pieces and rearranged.
if you are not getting new coins you are not getting any protection.