Hey,

I'd like to figure out how fast BIP38 paper wallets could get cracked in case someone gets to them physically and tries to guess the password.

I created three BIP38 encrypted paper wallets with easy to crack passwords. Only small and capital English letters are used (from "a" to "Z", no numbers, no special characters). Say thanks when you get the money : )

I'll update this post with results when all three wallets are redeemed.

Happy cracking!


****************************   FIRST   **************************

Bitcoin Address:
1Pnc9qRUEhPJd4XrKhFRxkSSs2h6XA7ZUR

Encrypted Private Key:
6PfLsoUAbQ4uKuCtAkzer1KH1Rcaw5WMEmShwA6Q9GtwhbiHfaHP6mqqfT

Password: 4-character American name

Prize: 0.01 BTC

****************************   SECOND   **************************

Bitcoin Address:
19kuXV8cBfQMrLXzPNFsvPHxvTZgrfN1pd

Encrypted Private Key:
6PfPLSVx133khpGT7qrEeBWrxxuaQXNpkrBxCfUB92vg93iSj1Mj1Ce49M

Password: 5-letter word

Prize: 0.05 BTC

****************************   THIRD   **************************

Bitcoin Address:
1J5cjne6YVkgRTMTjqnaJVk1CWEEr3CcdX

Encrypted Private Key:
6PfRB98F9vZLhSpqY5URas5vYUU3qYQrpkJFTLuCg1FvDni6LwT3qAirkp

Password: 6 random characters

Prize: 1.0 BTC

*****************************************************************




EDIT:
Third wallet now has 0.5 BTC prize.

And I added one extra wallet:

****************************   FOURTH   **************************

Bitcoin Address:
15p4qtmfRyTHfPYFRmhGYVGhP9FEZYrFsu

Encrypted Private Key:
6PfTCyR1k5FDHwFXm9Uch5aTGXLQQDtzbQt3sKxmN8i2HppJecyoHbzb9i

Password: 5 random characters (small English letters only (a-z))

Prize: 0.2 BTC

*****************************************************************


EDIT 2:
3rd wallet now has 1.0BTC total.
I'll keep the experiment going for another year.


EDIT3:
After 2 years I have decided to stop the experiment.
The password for third wallet was "zLwMiR".


RESULTS:
First wallet was cracked in under 3 hours. [pwd: BarT]
Second wallet was cracked in under 10 hours. [pwd: grAce]
Fourth wallet was cracked in under 2 days. [pwd: pxrmg]
Third wallet was NOT CRACKED in two years. [pwd: zLwMiR]