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well..I think reseting the phone will not a solution for the problem..In some cases problem is in software and in some cases in mobile phone..So in software case reseting will not work..well.what kind of problem u were facing after your bug has been fixed?
Forget my mi Account password how to discover
Go to Mi Account Login page (Mi Community or Web browser) you will find the FORGOT PASSWORD option. There you will need to enter details like email or phone number associated with your Mi account. After submitting these details they will send you a OTP to your phone and email to reset new password.
Set new password it's Done!