# Privacy Mining v2 – TL;DR You can now make your $ETH private — with rewards — on Ethereum L1 by depositing it into Intmax L2 and then withdrawing it. This guide covers Privacy Mining, a feature of the Intmax Stateless Layer (L2). It does not cover other L2 features (Bridge, Send, Transactions tabs). ![Untitled presentation (8)](https://hackmd.io/_uploads/Bk8_KFc4gg.jpg) 📄 [Read the Full Rules](https://hackmd.io/B2ibL8qXR-6LnBuBg4pgrg) ⚠️ **Beware of scams.** Only trust links from: - [github.com/InternetMaximalism/](https://github.com/InternetMaximalism/) - [intmax.io](https://intmax.io) This document is referred [here](https://docs.network.intmax.io/privacy-mining) --- ## How $ITX Is Issued $ITX is only created through mining — there are no exceptions. The total supply is capped at **1.001 billion**, with **6 halving events** over time. --- ## What Is $ITX? $ITX plays two roles: - On L1, it’s a regular ERC20 token — tradeable on DeFi and exchanges. - On L2 (Intmax), it becomes a privacy-focused coin for bulk confidential transfers. --- ## How to Get Started 1. Go to [app.intmax.io](https://app.intmax.io) 2. Connect your wallet and open the **Mining** tab. Choose the amount of $ETH you want to deposit. ![ss1](https://hackmd.io/_uploads/rke6Y9dqExg.png) ![ss2](https://hackmd.io/_uploads/ByfqqdcVxe.png) 3. After depositing, check the **Mining Portfolio** tab to track your deposit. 4. Check the protocol-defined lock period (2–5 days). It appears on the tab. 5. After the wait, you can withdraw your funds — now made private. You can re-deposit for more rewards, or simply use your private $ETH. > *Note:* You can also deposit other major tokens for privacy, but mining rewards are given only for $ETH deposits. > *Note:* Redepositing for many times does not make additional privacy neither for you nor for others. It's like staking with some works. > *Note:* The waiting period is INTENTIONALLY rather long to help other's privacy. If you want instant privacy, just deposit and withdraw asap without rewards. --- ## Why it's cool No one can link your withdrawal address to your original deposit. You get: - Privacy - Rewards - Low cost (just gas fees) at the same time. And it’s built with a [decentralized AML design](https://medium.com/@intmax/compliant-privacy-among-citizens-ae96bf6cb465), so it’s privacy with compliance in a permissionless manner. The L2 (Bridge, Send, Transactions tabs) is an extremely scalable private-transfer protocol secured by Ethereum. Each tx only takes 5 bytes, and you can pack maximum 64 transfers in one tx without additional cost, meaning that minimum 0.078 bytes of onchain data per transaction. Every tx is confidential. --- ## Want to Learn More? - 📄 Full explainer: [here](https://hackmd.io/B2ibL8qXR-6LnBuBg4pgrg) - 📘 Learn more about [Intmax L2](https://intmax.io/) - 💬 Join our [Discord](https://discord.com/invite/TGMctchPR6) or [Telegram group](https://t.me/+d_VV_eR3Kc83ZjJk) - 📜 Read about [History of Privacy Mining](https://hackmd.io/zNLtkMXXSCernbkTf1BTrQ?view#The-history-of-this-mining) --- ## ⚠️ Scam Warning Don’t trust any site that’s not directly linked from: - [github.com/InternetMaximalism/](https://github.com/InternetMaximalism/) - [intmax.io](https://intmax.io) This document is officially referenced [here](https://github.com/InternetMaximalism/mining-message/blob/main/message4.md) > *The night is dark and full of scams.*