Hello Reddit Members,
I am announcing a new open source bitcoin mixer called PenguinMixer. The onion address is:
penguinsmbshtgmf.onion
There are already a bunch of bitcoin mixers out there, so what's unique about this one? First, the mixing fee is low...1% or less (actually it's randomized between 0.5% and 1%). Second, the code is open source. You can download the SQL, PHP, and python code from the web site.
In addition to the randomized mixing fee, I've implemented two other mixing best practices. First, the mixer implements a randomized delay before sending your payment back to you. Second, you can split your return payment between up to 5 output addresses. Separate transactions are sent to each output address, with a random delay between each one.
I'll be honest about the two main drawbacks to the site. First, there is no account feature, so you can't store your coins in the mixer long-term. Instead, PenguinMixer works like the "Quick Mix" option with Bit Blender and the "Helix Light" option with Grams Helix. Second, because this is a new site I am for now putting a 2 bitcoin limit on the amount a user can send in for each mix. I think it's best to discourage people from sending too much money at once into a web site that hasn't yet proven itself to the darknet community.
This is a brand-new site, so it's in need of user feedback. In the words of Ross Ulbricht, "Let me know what you think."
-Penguiner
Remindme!