Bitcoin Job Fair Goes to Sunnyvale

Sunnyvale, one of the major cities of Silicon Valley in Santa Clara County in California, is hosting the next Bitcoin Job Fair. The event, which was last held in Los Angeles and New York before that, has attracted a big number of companies and candidates working in the Bitcoin and cryptocurrency space. With a significant expansion of venture capital funding going to Bitcoin and cryptocurrency startups, the number of job openings at these companies is going up as well. Companies are finding it hard to recruit the right talent, with the Bitcoin economy still in its early stages. Events like job fairs are a great place for job seekers and employers to know each other and look for a fit.

The event is supported by Plug and Play Tech Center, an accelerator for tech startups and Coinality, which runs a job and resume board for the digital currency industry.

Recruitment Techniques

Companies in the Bitcoin space have been actively hiring people who are interested in the Bitcoin and cryptocurrency space, as venture capital money flows into the ecosystem. Job fairs, like the Bitcoin Job Fair, have become a way to connect these plenty of startups with the people who are interested in working in the Bitcoin space. Several larger firms have been regularly attending these types of job fairs and scooping up talent. However, these events can also be a networking event for the Bitcoin and cryptocurrency enthusiasts in general.

A lot of focus in such events has been on the technical side of Bitcoin recruiting, with Bitcoin developers in short supply. This is partly because of the current market environment for software developers in general and partly because of the way Bitcoin touches upon so many different aspects of programming, cryptography, security and distributed systems.

These types of job fairs have been especially popular in places where a lot of Bitcoin-based companies and startups tend to accumulate, such as New York and Silicon Valley.

In addition to job fairs, firms have been actively recruiting through a number of different hackathons, which give participants a time limit, usually between 24-72 hours in order to create a working product and present to a panel of judges. This is an especially effective route for the more hardcore technical startups, but is fairly effective for all companies recruiting in the software development area.