An Nvidia RTX 4090 can crack a 4 digit pin using PBKDF2 with 200k iterations in less than a quarter of a second. Argon2 is definitely the better option, but even at 1 hash per second, that's less 3 hours.
> [...] As a comparison baseline, a 2.4 GHz Core2 CPU can perform about 2.3 millions of elementary SHA-256 computations per second (with a single core), so this would imply, on that CPU, about 20000 rounds to achieve the "8 milliseconds" goal.
So you'll need something that takes at least as long as entering your full password, at which point you basically could enter the full password (from a UX perspective). They PIN is here to make it faster and it will always be security vs. ease-of-use.