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The 'CRED' Cryptocurrency Lets Miners Control Their Energy Consumption

 - Apr 4, 2018
References: & news.bitcoin
While most crypto assets out there seem solely focused on helping people make money, a new project called CRED is looking to combine the wealth-generating potential of cryptocurrency with a larger mission of helping to promote renewable energy and support a variety of eco-friendly projects.

Dubbed 'CRED,' this new crypto asset will be launched in conjunction with a proprietary smartphone app that will make it possible for users to mine for CRED tokens while being able to exercise control over their mining power, and choosing between low, medium and high power consumption.

While crypto assets are set to revolutionize the world and improve many aspects of our lives, the process of cryptocurrency mining takes up tremendous amounts of energy, a problem which the eco-friendly CRED crypto asset hopes to solve.