# Privacy Mining Overview
You can now make your $ETH private โ with rewards โ 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).
*Read about the Rules and Reward below* ๐
{% content-ref url="/pages/dwCmIELOCI3efroH0iCD" %}
[Privacy Mining Rules and Rewards](/intmax-privacy-mining/getting-started/privacy-mining-overview/privacy-mining-rules-and-rewards.md)
{% endcontent-ref %}
โ ๏ธ **Beware of scams.** Only trust links from:
* [github.com/InternetMaximalism/](https://github.com/InternetMaximalism/)
* [intmax.io](https://intmax.io)
***
### How $ITX Is Issued
$ITX is only created through mining โ 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, itโs a regular ERC20 token โ 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.
\
3. After depositing, check the **Mining Portfolio** tab to track your deposit.
4. Check the protocol-defined lock period (2โ5 days). It appears on the tab.
5. After the wait, you can withdraw your funds โ 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 itโs built with a [decentralized AML design](https://medium.com/@intmax/compliant-privacy-among-citizens-ae96bf6cb465), so itโs 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?
* ๐ Learn more about [Intmax L2](https://intmax.io/)
* ๐ฌ Join our [Discord](https://discord.com/invite/TGMctchPR6) or [Telegram group](https://t.me/INTMAXIS)
* ๐ Read on [Privacy Mining v1](/intmax-privacy-mining/getting-started/privacy-mining-overview/privacy-mining-v1-deprecated.md)
***
### โ ๏ธ Scam Warning
Donโt trust any site thatโs 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.*
---
# Agent Instructions: Querying This Documentation
If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question.
Perform an HTTP GET request on the current page URL with the `ask` query parameter:
```
GET https://intmax-general.gitbook.io/intmax-privacy-mining/getting-started/privacy-mining-overview.md?ask=
```
The question should be specific, self-contained, and written in natural language.
The response will contain a direct answer to the question and relevant excerpts and sources from the documentation.
Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.