The highest-paid blockchain developers in the world aren’t based in Silicon Valley, but Emerald Isle, according to a new report – with the United States taking third place behind northern neighbor Canada on a list of countries with the highest average hourly rates for blockchain developers.
The report was composed by Dev Quarterly, which stated that it calculated countries’ average hourly rates by looking at countries “with at least five agencies with blockchain developers.”
Developers based in Ireland are expected to earn between $ 112 and $ 149 on top-level projects, with an average price of $ 83-136. In the United States, the upper range ceiling was higher, at $ 151, but the average price was much lower, at $ 53- $ 80 per hour.
And while blockchain dev salaries are reportedly going through the roof in mainland China, with demand outpacing supply, Asian countries have been a notable audience absence, with Ireland claiming the top spot. Canada came in second, with America in third, ahead of the UK.
Poland (in fifth place) was one of the three Eastern European countries that made the list, with Bulgaria in tenth place, just behind the global economic superpower Germany.
The authors of the report wrote:
“Blockchain development priced twice as high in Western countries is a clear trend.”
Asian countries were relatively poorly represented: India came 6th, Singapore 8th, and Hong Kong 11th in the list of 14. Neither Japan nor South Korea – considered blockchain superpowers by most observers – even made the list.
The authors also noted that blockchain developers earn significantly less than app apps for websites and websites, and less than data scientists and many software developers. The average hourly rate for blockchain developers was between $ 46 and $ 74, with mobile and web developers earning more than double in some areas, such as Oceania.