Lost passwords: Digital-locksmith Industry Unlocking Millions

318
SHARE

Robert Rhodin, CEO KeychainX, agrees. “We try to ask as many questions as possible to create a mental image of that person’s world,” he explains. Rhodin has blogged about success using an “NVIDIA boosted laptop. (An NVIDIA is a GPU that lets you crack passwords thousands or even millions times faster than using CPU during specific circumstances, like Bitcoin wallets).”

Enter Email to View Articles

Loading...

Most digital locksmiths start by getting a list of “seed words” to begin the sometimes tedious process of unlocking their client’s crypto treasure chests.

The Brute Brothers view their work as “international rescues” where they unlock crypto-vaults.

On their website they claim “We are well known Israeli Bitcoin activists since 2013, developing open-source projects and helping community members restore their funds for many years now. We would never jeopardize the trust we built for years within our community.”

The Brute Brothers charge 15% of whatever fortune they salvage for a client. It sounds like a lot, but without a password to access the locked wallets, the BTC is worthless.