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Bitcoin Developer Salary in the US and UK compare to Ukraine

Bitcoin Developer Salary in the US

The average Bitcoin developer salary in the US is $93,000 a year and hourly rate is $57. Junior level positions start at $35,000 a year while most experienced programmers make up to $145,000 a year. These results are based on the salaries extracted from Indeed.com job descriptions in October 2018. The most of the developers are needed at the moment in:
New York, NY, San Francisco, CA, Remote

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Featured Bitcoin Jobs in the US

1 Sr. International Tax Manager
Kraken is one of the largest and most successful Bitcoin exchanges in the world and we’re growing faster than ever....

2 Front End Developer
About the Us We are a cryptocurrency trading platform that offers unique downside protection solutions to its users. About the Job This is an...

3 Chief Data Scientist (Quant)
About the Us We are a cryptocurrency investment company that uses machine learning to deliver the global peer lending market to retail investors. *This is...

4 Operations Specialist
Today, BitGo is the world's largest processor of on-chain bitcoin transactions, processing 15% of all global bitcoin transactions, and $15 billion per month...

5 Sales Representative
LOOKING FOR MOTIVATED, SELF STARTER SALES PEOPLE Job Requirements: - Handing out flyers - Going door to door - Car - Phone and Email Skills - $12 an hour...

Bitcoin Developer Salary in the UK

The average Bitcoin coder salary in the UK is £53,000 a year and hourly rate is £33. Begginer level positions start at £30,000 a year while most experienced consultants make up to £80,000 a year. These numbers are based on the salaries extracted from Indeed.co.uk job descriptions in October 2018. The most of the developers are required today in:
London

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Recommended Bitcoin Jobs in the UK

1 Chief Executive Officer
The nChain Group mission is to enable worldwide adoption and enterprise-level usage of the Bitcoin network – focusing on Bitcoin Cash as the true Bitcoin....

2 Solutions Architect
The nChain Group mission is to enable worldwide adoption and enterprise-level usage of the Bitcoin network – focusing on Bitcoin Cash as the true Bitcoin....

3 Solutions Application Architect
The nChain Group mission is to enable worldwide adoption and enterprise-level usage of the Bitcoin network – focusing on Bitcoin Cash as the true Bitcoin....

4 Senior Business Analyst
The nChain Group mission is to enable worldwide adoption and enterprise-level usage of the Bitcoin network – focusing on Bitcoin Cash as the true Bitcoin....

5 Intellectual Property Counsel
The nChain Group’s mission is to enable worldwide adoption and enterprise-level usage of the Bitcoin network – focusing on Bitcoin Cash as the true Bitcoin....

How much do developers make in other technologies? Take a look at JavaFX, Heroku, Symfony, Socket.IO, Firebase, Automation, OpenCart, Spark, API, Java, Force.com, WPF, Moodle, Bitcoin, TensorFlow, ReactJS, Kubernetes, SaaS

The True Cost of Hiring an In-house vs Remote Bitcoin Developer in Ukraine

Often hiring managers face the “in-house vs outsource” problem. The biggest mistake CTOs, CEOs, and startup founders make when choosing (and comparing) coders is: they forget the embedded costs. Actually, there are numerous and substantial costs involved in hiring and maintaining employees. An in-house developer (or any worker) is always more expensive than his salary when you factor in embedded costs which aren’t reflected in the employee’s salary:
  • employee benefits (+10%)
  • administration and infrastructure (+10%)
  • paid leaves (+10%)
  • training (+5%)
  • management (+5%)
  • recruitment (+10%)

The outsourcing partner has the same embedded costs (though maybe in less amounts). The only difference is it had already factored these costs into its price quote. So, let’s take a fresh look at the adjusted (salary + 50%) numbers.

PeriodUS vs UkraineUK vs Ukraine
1 dev/m$11,000$3,200£6,000£2,400
1 dev/y$132,000$38,400£72,000£28,800
10 devs/m$110,000$32,000£60,000£24,000
10 devs/y$1,320,000$384,000£720,000£288,000
US = United States, UK = United Kingdom
In this scheme, outsourcing to Ukraine is the most cost-effective choice.

Trends: senior bitcoin programmers salary, bitcoin coders training