Fidelity Hires BTC Engineer; Wants To Scale Crypto Mining Operations

Fidelity Investments Wants To Enter the Cryptocurrency Market 696x449 1 - Fidelity Hires BTC Engineer; Wants To Scale Crypto Mining Operations

The crypto market looks better today, with the most important coin trying to reach $10k once again.

Bitcoin dropped in price this week, and now analysts expect to see the crypto being able to surpass the psychological level mentioned above.

Fidelity is hiring and plans scaling crypto mining operations

Fidelity was always seen as a potential catalyst for BTC’s price surge.

It’s been just revealed that Fidelity Center for Applied Technology (FCAT), which is the innovation arm of the giant Fidelity is currently searching for a Bitcoin engineer amidst its plans to scale the company’s crypto mining operations.

The online publication the Daily Hodl, revealed that there’s a job listing on the website of this company, that says that Bitcoin mining engineer will be joining a group in FCAT that is in charge of exploring blockchain tech.

This successful candidate will be designing, building and maintaining the infrastructure that will be running and scaling Fidelity’s BTC mining operations.

“We have a multi-disciplinary team of software engineers, researchers, designers, product managers, and security and compliance experts. We’re growing our team to accelerate the development of a new business opportunity that we’ve identified…” according to the official job listing.

The same notes reveal that “The role will be part of our mining team and will be responsible to design, build, and maintain the infrastructure to run and scale our business.”

You should head over to the official notes in order to learn more details regarding this new job listing.

Crypto market sees huge volatility

The crypto space is filled with various optimistic predictions these days, despite the huge volatility of the crypto market.

Earlier today, we reported that the high volatility would probably continue due to whales.

At the moment of writing this article, BTC is trading in the green, and the coin is priced at $9,867.33.


Companies Mentioned

CoinMarketCap
CoinMarketCap

CoinMarketCap is a website that provides cryptocurrency market cap rankings, charts, and more. It was purchased by Binance for $400M in 2020.

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Andreas Townsend Author

I am a technical writer, author and blogger since 2005. An industry watcher that stays on top of the latest features, extremely passionate about finance news and everything related to crypto.

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