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The Bitcoin and Blockchain industry is booming despite price deflation, revealed a new Glassdoor survey.
1775 Bitcoin, Blockchain Jobs in August
The results, originally published in mid-October, covered a period of 18 months from April 2017 to August 2018.
At that time, the number of job openings "related" to Bitcoin and Blockchain grew almost every month – even when the price of Bitcoin started to fall after December of last year.
Most came from the names of cryptocurrency, with ConsenSys from the co-founder of Ethereum Joseph Lubin and exchanges Coinbase among the best players.
Contrary to expectations, as of August 2018, there were more vacancies in the two sectors than ever before, even as BTC / USD 00 he fell lower and lower
"As more and more employers become interested in and invest in technology, the professionalization of space is accelerated," the Glassdoor researchers wrote, exposing the data.
Cryptocurrency prices began to rise across the board towards May 2017. In that month, only 234 jobs were available in the United States.
Fast advance of a year and a half and the price of Bitcoin was around $ 6500 – about three times higher – but the number of jobs had multiplied well beyond that figure, reaching 1775 this August.
Glassdoor also lists the best markets for job openings with New York City and Silicon Valley (not surprisingly) in the top three.
Rapid growth & # 39; Set To Continue & # 39;
"The wave of open jobs has far exceeded the 200% increase in the value of cryptocurrencies suffered by August 2017," noted Glassdoor.
Despite price volatility in the last year, the continued growth in job opportunities suggests that blockchain employers remain confident in market opportunities and continue to invest long-term in their teams.
The survey was not the only one to identify the growing trend. In September, analysts found that the number of Asian opportunities had increased by 50% since 2017.
Going forward, despite the blockchain industry, in particular, has recently attracted mixed advertising, its long-term growth seems a little safer, says Glassdoor, adding:
Although the supreme power of cryptocurrencies and blockchain technologies remains to be seen, the blockchain labor market seems ready to continue its rapid growth in the near future.
What do you think of the increase in Bitcoin and Blockchain jobs? Let us know in the comments below!
Images courtesy of Shutterstock, Glassdoor
