According to Bloomberg figures backed up by LinkedIn, the crypto industries in New York, Austin, and San Francisco have employed the most personnel in 2021.
Bloomberg has compiled a list of the 15 American cities that have made the most crypto jobs in the last year. They looked at job descriptions of newly hired personnel with the help of LinkedIn, focusing on terms like “crypto,” “blockchain,” “Bitcoin,” “Ethereum,” and others.
While having the largest market share, San Francisco and its surrounding areas claimed the lead with 4.0 crypto hiring per 100.000 LinkedIn profiles, followed by Austin with 3.0 and New York with 2.8.
Miami and Denver are in fourth and fifth rank, respectively, with an average of 2.4 hies per 100.000 LinkedIn accounts. Surprisingly, smaller places like Salt Lake City, Albany, and Raleigh are included in the top ten.
According to Diogo Monica, co-founder of crypto technology services business Anchorage Digital, this event is only normal for a decentralized ecosystem like crypto. According to him, fully remote employment would benefit towns and states with reduced taxes, better infrastructure, and easy access to an international airport.
It’s clear that the crypto sector isn’t concentrated in one location, like New York’s finance or San Francisco’s tech industry, but rather is scattered over all 50 states.