Fidelity Is Still Looking for Bitcoin Mining Engineers

Published on by Cointele | Published on

The Fidelity Center for Applied Technology is looking to find Bitcoin Mining Engineers for a "New business opportunity." The proposal is coming from the team behind Fidelity Digital Asset Services, the crypto trading arm of the financial giant.

The recruit will support Fidelity's mining operations, likely in reference to its partnership with Blockstream.

The company was reported in June of 2019 to have leased two data centers from the Bitcoin developers.

It is notable that the posting does not mention any requirements of previous mining work, only including one line about "Interest in researching topics related to Bitcoin and Bitcoin mining" among desired skills.

The asset management giant has been involved in crypto for some time.

In late 2018, it launched a Bitcoin trading service targeted toward institutional clients such as hedge funds.

Fidelity's crypto branch continued to expand its reach.

In October 2019, it launched its crypto custody services to compete with similar offerings by the likes of Bakkt and Coinbase Custody.

December marked Fidelity Digital Assets' overseas expansion with the opening of a U.K. branch.

While only Bitcoin is currently supported, FDAS representatives hinted that Ethereum may be added in 2020.

x