Quote from: death_wish on Today at 01:49:59 AM

Quote from: a1 Hashrate LLC2022 on Today at 12:00:38 AM

You can keep the btc private, You can mine to a virgin btc address via nicehash.

That is a proposal for obtaining BTC privately, not for keeping it private—much less using it privately. It is only one way of obtaining BTC privately (experience talking here—not discussing publicly, for the obvious reason that it defeats the purpose of obtaining BTC privately). And it is not even as private as you believe.

Do you know if Nicehash’s website has embedded trackers? (Most websites do, nowadays.) Does it use browser fingerprinting? (Most websites do, nowadays.) What information does Nicehash require on signup? What network connection do you use to connect to them? Have you audited their mining app (is it open source?) to see if it gathers any information about your system (so-called “telemetry”—very common nowadays)? What network connection do you use for the mining app? This list of questions could be continued...

I’d guess that P2Pool behind Tor is a better option. Except that IIUC, latency is a miner’s enemy. Tor has high latency. Whoops. It is probably doable, but I am not the one to ask.

How did you buy your mining hardware? Anonymously? Good luck with that.

But anyway, this is irrelevant: You are trying to solve a less-difficult problem, obtaining BTC, while ignoring what happens after that.

Quote from: a1 Hashrate LLC2022 on Today at 12:00:38 AM

And as long as you do not cash it in it is private.

What is “cashing it”? Bitcoin is money: Let’s talk first about using it.

You have an anonymous coin that you obtained “somehow” (via mining, or otherwise). You go to Bob’s Widgets Dot Dom to buy some tech gadgets. Bitcoin Bob is happy to accept your coin. You pay—in a tx that sends you back a change coin.

Congratulations: Your anonymous coin is now essentially doxed. Chainalysis now sees the coin that went to Bob’s known wallet cluster—and their heuristics easily discerned which coin is your change. Bob has your name and address, for shipping the widget—and unbeknownst to him, his third-party website analytics embed leaked a bunch of info about you to what are essentially commercial surveillance companies.

Now, you go to spend some of the change. Alice is raising donations for a political protest. Whatever controversial opinion you secretly have, Alice is 100% for it; and you want to support her efforts. Some of the coin you received as change from your transaction with Bob—the coin which is no longer anonymous, you now send to Alice. Whoops!

And then, you use the change you received from your tx with Alice to pay for a Copper Membership on the Bitcoin Forum. Oh, did you want to speak here anonymously?

THIS SHOULD NOT HAPPEN. This problem should not exist. It does not need to exist. And yet—it does exist.

^^^ Years of frustration and expense are talking here. Using Bitcoin privately is costly and inconvenient. It shouldn’t be. Privacy should be the default, the easiest way to use it.

Okay So I buy this pc

https://www.bestbuy.com/site/hp-omen-30l-gaming-desktop-amd-ryzen-7-5800x-16gb-memory-nvidia-geforce-rtx-3060-ti-1tb-ssd-shadow-black/6477881.p?skuId=6477881

So I buy this and I mine at nicehash a shitcoin like eth and I get paid btc to a virgin address.

½ the privacy issue is solved.

No one can prove a pc is mining a shit coin like eth and converting it to btc on a site like nicehash.

Now I will not explain how to turn a virgin wallet into cash that is not traceable as btc was not designed to cash out that way. Or. buy goods or services.

KYC is part of the program if you want btc.