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An interesting but not entirely practical offshoot of this idea is a fund that buys (collects legally?) wallets with lots of crypto & lost passwords and tries t
by buildbot 2y ago
An interesting but not entirely practical offshoot of this idea is a fund that buys (collects legally?) wallets with lots of crypto & lost passwords and tries to crack them over time.
- sandworm101 2y agoOr just buy random used digital storage devices in bulk and scan them for potential wallets, or other marketable data. Half the "broken" USB drives out there still have plenty of retrievable data on them. It would be like the "Storage Wars" show, but digital. (Fyi, one very marketed video tape was discovered when the contents of a certain celeb's storage locker was put up for auction. Imagine the possibilities if one collected all the storage devices thrown away in a particular LA neighborhood. Or DC.)
- kube-system 2y agoI don't think it's necessarily legal (at least in some jurisdictions) to collect bitcoin that way, even if you've legally obtained the storage device.
- paulpauper 2y agoThis is already done. The feds and hackers have huge troves of wallets and files that they are trying to crack, either by finding holes in the encryption method used or brute force.