Blockchain engineers raking in the big bucks even as cryptos struggle

While cryptocurrencies have been in an extended bear market this year, engineers with the skills to build blockchain applications have little to growl about. CNBC reports that they are making $150-175K on average. Working with tech recruiter Hired, CNBC learned that blockchain salaries are $15K-40K above typical software-engineering pay and match those given to artificial-intelligence wizards -- who were alone among the highest paid until recently.

"There's a ton of demand for blockchain," Mehul Patel, CEO of Hired, told CNBC "Software engineers are in very short supply, but this is even more acute and that's why salaries are even higher." Blockchain engineers can expect to be heavily recruited by other firms, suggesting a deep interest in the technology. Patel thinks this bodes well for the future of blockchain: "There's a mindset here of taking a long-term view of planning. If you're going to build blockchain technology, you have to get that talent." (Source: CNBC)