Insights from Bitvocation’s 2024 Annual Report
The Bitvocation Annual Bitcoin Job Market Data Report (2024) sheds light on the growing ecosystem of Bitcoin employment, presenting detailed data, trends, and insights. Below are the key takeaways from this comprehensive report:
Bitvocation’s mission is straightforward: “To help Bitcoiners find their first job in Bitcoin.” By curating job opportunities and fostering connections between job seekers and employers, Bitvocation is working to make the Bitcoin job market accessible, transparent, and efficient.
“Helping Bitcoiners find work they love is central to our purpose.”
Key Insights from 2024
1,700+ Unique Job Listings: From October 2023 to late 2024, Bitvocation curated 1,707 verified job postings globally.
46 Countries Represented: Although the U.S. dominated job numbers, Europe led with the highest country diversity (23 nations participating).
69% of job postings were for non-developer roles
Top Roles in Demand:
Developers: Backend Engineers, Software Engineers, Senior Engineers.
Non-developers: Product Managers, Graphic Designers, and Senior Accountants.
Geographic Insights
Over half of all Bitcoin job postings included location data.
The United States remains a global hub for Bitcoin jobs.
Europe showcases a strong presence of Bitcoin-only companies among smaller firms.
An intriguing pattern emerged: smaller companies tend to focus exclusively on Bitcoin.
“Among companies with fewer than 21 employees, every single one was Bitcoin-only.”
Challenges in the Bitcoin Job Market
Recruiters noted key areas of improvement:
A gap in Bitcoin knowledge among candidates, even within the community.
High demand for specialized skills, especially in developer roles, senior management, and legal/finance positions.
“Enthusiasm is not enough. Candidates must supplement their passion with technical expertise.”
Bitvocation has introduced innovative resources to empower Bitcoiners:
POW Lab: A mentorship platform offering guidance, visibility, and connections for Bitcoin professionals.
Telegram and Nostr Job Feeds: Bridging the gap between Bitcoin employers and a highly targeted audience.
View the full report HERE