The Fidelity Center for Applied Technology (FCAT) is looking to find Bitcoin Mining Engineers for a “new business opportunity.” The proposal is coming from the team behind Fidelity Digital Asset Services (FDAS), 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 (BTC) developers.

Job description
The company is seeking for a person with three to five years of experience in a DevOps (developer operations) or engineering role. The term is generally used to indicate engineers who bridge the gap between software and hardware, for example by facilitating deployment of updates on servers.

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 potential recruit is, however, required to have previous experience in managing large hardware installations and associated tools. Advanced troubleshooting skills are also a strong preference.

The job offering was reported to have opened as early as Jan. 20, but it appears that the company has not yet found a suitable recruit one month later.

Cointelegraph reached out to Fidelity for more information on the job offer and mining initiative but did not receive an immediate response.

Fidelity and crypto
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.

Since then, 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. In November, it obtained a relevant license from the New York Department of Financial Services (NYDFS).

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 (ETH) may be added in 2020.

Source: Fidelity Is Still Looking for Bitcoin Mining Engineers

Newly released Blockchain 50 list by major finance publication Forbes features some new entrants like major international association, the United Nations.

Shortly after including six blockchain-focused firms into its Fintech 50 list last week, Forbes has released another compilation of 50 global enterprises actively embracing blockchain technology.

Newcomers include the United Nations, China Construction Bank, Square and others
Published on Feb. 19, the new Forbes’ Blockchain 50 list is the second release of its annual Blockchain 50, which was first introduced in April 2019. Similarly to last year’s edition, the new compilation includes industry giants like Amazon, Microsoft, JPMorgan, Google, as well as cryptocurrency-focused firms like Bitfury, Coinbase and Ripple.

At the same time, about half of the firms on the list are newcomers, including the UN, the world’s second-largest bank China Construction Bank, Russia’s National Settlement Depository, and Square, a mobile payment company founded by Twitter CEO Jack Dorsey.

As reported by Cointelegraph, UN secretary-general António Guterres declared last year that the organization must embrace blockchain technology. The official said:

“For the United Nations to deliver better on our mandate in the digital age, we need to embrace technologies like blockchain that can help accelerate the achievement of Sustainable Development Goals.”

Forbes believes that Blockchain 50 members moved from focusing on theory to generating real revenues
According to Forbes, this year’s members have significantly moved beyond the theoretical potential of blockchain technology to generating “very real revenues and cost savings.” As such, Amazon’s blockchain product, Amazon Web Services, was implemented by major global food and beverage company Nestlé to launch a new coffee brand known as Chain of Origin, Forbes noted.

Michael del Castillo, Forbes staff writer who covered the first Forbes’ Blockchain 50 list in April 2019, outlined that blockchain has enabled big global firms to process complex tasks in a much easier way. He said:

"Blockchain started as a way to move bitcoin from point A to point B but it is now being used by a host of big companies to monitor and move any number of assets around the world as easily as sending an email.”

In conjunction with announcing the new Blockchain 50 list, Forbes also announced that it will be hosting its first Blockchain 50 to honor the newest 2020 list members in March 2020.

On Feb. 12, Forbes released its Fintech 50 list, featuring the “most innovative fintech companies” in 2020. As reported by Cointelegraph, the list included six blockchain companies such as Axoni, Chainalysis, Coinbase, Everledger, MakerDao and Ripple alongside payment-focused firms like Plaid, Opendoor and Lemonade. In mid-January 2020, Plaid was acquired by payment giant Visa for $5.3 million.

Source: United Nations Is Among New Entrants in Forbes’ 2nd Blockchain 50 List

The CEO explained that, historically, Bitcoin’s block reward halvings have had a positive impact on the coin’s price. While he admitted that historic events do not necessarily predict future events, he noted that miners will have to spend almost two times as much to mine a single coin.

Source: Binance CEO Changpeng Zhao says bitcoin halving not priced in yet

any thoughts?

Do you ever wonder why there are many altcoins today? I was just thinking that since the main objective of cryptocurrency is to ease payment. Why would people create so much altcoins when people can only use bitcoin as a payment gateway? Are the founders of every altcoins creating their token for money?

Hello Admin. I joined this forum since December 2018 and I'm starting to level up my bounty hunting job as a translator however I have only one translation so far and hoping to be accepted as a translator to increase my chances of getting pick to be a translator.

Volentix website: https://drive.google.com/open?id=10loUqfe8R3qUKXGuugofnzysqu7KBAjg

It's becoming harder for ICO's to make money. Projects with no real value & lackluster ideas are being thrown to the wolves in this market. However, this is a good thing. This allows quality projects to receive more capital from investments. Eventually, these garbage "get rich quick" styled projects will cease to exist. We will be left with the main coins in crypto (Bitcoin, Ethereum, XRP, ect) & quality projects that have a utilitarian use.

Recently, nChain announced that it will be forking to a new Bitcoin Cash node implementation known as Bitcoin SV (SV stands for Satoshi's Vision). This has been supported by Craig Wright (which claims to be the real Nakamoto) as he believes that it's the safest path to scaling yet. However, Bitcoin Cash devs (Bitcoin ABC) are against this new implementation of BCH, hence a split might occur in November leading to both coins with the same history of transactions (Bitcoin Cash and Bitcoin SV).

Bitcoin SV aims to scale indefinitely by allowing miners to choose their own block size, among several other improvements. Now it's believed that this will be the "real Bitcoin" just like what has been said about Bitcoin Cash before.

What do you think about this controversy? Will Bitcoin Cash splinter into two distinct factions? Or will it remain the same? It looks like there would occur a split of the main BCH chain, causing Bitcoin SV to emerge. However, only one shall survive in the market (if not both or none of them). Looking forward for your thoughts Smiley