The M1 chip in the Mac mini is Apple's first System on a Chip for Mac, integrating GPU, CPU, RAM, and other components for improved performance and efficiency. The M1 in the Mac mini has an 8-core CPU with four high-efficiency cores and four high-performance cores along with an integrated GPU that has 8 cores.
Generally if you lost the password for your mac account, then you need to try and reset your password through iCloud. There is a helpful article on apple's website that I will link here for you:
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Do you have FileVault Enabled?
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