Investment firm Accelerate is planting trees to offset the negative environmental influence of bitcoin mining. The company has pledged to plant 3,500 trees for every million Canadian dollars ($788,000) invested in the bitcoins of its ETF.

At this “rate” it will be possible to absorb a ton of carbon dioxide. Bidding will begin on August 31st. Accelerate has already agreed to cooperate with H3M Ecological, company of an environmental planning and land reclamation.