Hands-On Technical Training: How Blockchain Demands Specialized Skills

In this article, we examine how blockchain technology creates a demand for skilled technical workers — especially for mining hardware troubleshooting, maintenance, and repair.

Over the past year, there has been an influx of reporting on the skilled labor shortage in the United States. While much of the reported data focuses on the building trades, as more businesses, governments, and individuals adopt blockchain technology, it’s not farfetched to believe the need for professionals who are educated in the field of digital asset mining will also grow.

In fact, we’ve already seen career guidance sites like O*Net designate Blockchain Engineering as a “bright outlook” profession, marking it as one of the fastest-growing professions nationwide with a projected 8–10% growth rate between 2021 and 2031. The cryptocurrency mining hardware market is following a similar trajectory as it’s poised to grow by $12053.16 mn between 2023–2027. As the digital asset mining industry continues to mature, the need for skilled workers who are experienced with ASIC troubleshooting, maintenance, and repair will follow.

Foundry’s Academy courses — from the Mining Intensive and Technician programs to Intro to Hashboard Diagnosis and Repair — aim to create a future where the lack of qualified candidates is never a barrier to success for mining operations. Whether we’re at the height of a Bitcoin bull market or trudging through the valleys of a bear market, those willing to stay up to date with the latest knowledge tend to sustain a stronger position in the employment market.

While hundreds of options for free courses from untrustworthy sources can be tempting, enrolling in a trusted technical training program offered by an industry leader like Foundry is one way to mitigate risk and maximize learning in an ever-changing industry.

Benefits of Foundry Academy Programs

Hands-On Experience

Technical programs, like the Foundry Academy program, provide hands-on experience with industry-specific technologies in ways that lecture-style learning can’t offer. In the case of digital asset mining, watching a YouTube video on how an ASIC miner works is a vastly different experience than fixing it with your own two hands.

When working with a Foundry instructor, students work through troubleshooting and machine configuration scenarios. This type of experience allows participants to receive valuable real-time feedback, providing them with a deeper understanding of how to overcome challenges in the mining space. It gives participants the opportunity to problem solve, adapt, and innovate in ways that aren’t always possible through theoretical learning alone.

Time Commitment

Opting to enroll in a technical program may cut down on time spent in the classroom, creating more opportunities to get out in the field. Many two and four-year colleges require students to complete and pay for general education courses that may or may not relate to their desired career path. Hands-on programs, such as Foundry’s Foundry Academy program, have coursework that’s condensed while remaining rigorous and focused on the specific skills and knowledge that participants need to succeed in the field. Participants can start working as professionals in the mining space much sooner than they might when taking a self-paced course or completing a 2-or-4-year degree.

For those already working in the cryptocurrency industry and looking to enhance their knowledge, the Foundry Academy program allows them to quickly get back in the field armed with an even greater level of competency.

Affordability and Pay

It’s no secret that college is one of the most expensive investments a person can make. But is it the optimal investment for everyone? If the end goal is a good job with a good paying salary, students should be empowered to assess all potential pathways, not just a traditional route.

On top of financial hurdles, obstacles like caring for family members and working one or more jobs can prevent students from completing traditional programs. Enrolling in technical training programs that can be completed in a few months, weeks, or even days allows students to enter the workforce and start earning a salary sooner. It also means that students can potentially start paying off any debts faster.

Staying Ahead of the Curve

Enrolling in a technical training program, such as the Foundry Academy program, can provide the skills and credentials necessary to compete for jobs in the digital asset mining field with less time commitment and financial burden. For those continuing their education, the ability to stay ahead of the curve and hone their expertise in an efficient and affordable way can help pave the way for further professional achievement.

Digital asset mining is a vibrant and evolving field; the constant state of change and growth creates a sense of excitement and energy and provides opportunities for those willing to stay up to date with the latest developments. Whether you are interested in learning about blockchain programming, the economics and incentives that drive the network, or ASIC hardware, there is always something new to learn. The question is, where will you begin?

Disclaimer

The contents of this post have been provided by Foundry Digital LLC (“Foundry” or “we”) for informational purposes only, and should not be construed as giving legal, financial or any other kind of advice. Although we strive to provide quality information, we do not guarantee or warrant any particular results from the use of this information or any opinions provided. Foundry accepts no liability whatsoever for any damages, costs or any other consequences resulting from any actions taken on the basis of the information or opinions provided. Furthermore, Foundry has no control over information provided in any third-party sites linked herein, and Foundry accepts no liability whatsoever over any consequences resulting from any actions taken on the basis of that information. Foundry reserves the right to make changes to this information at any time without prior notice and makes no commitment to update the information contained in this post.