Blockchain technology, a key component of distributed ledger systems, enables decentralized digital interactions without the need for a central authority but raises environmental concerns due to its energy consumption, particularly with proof-of-work (PoW) mechanisms like Bitcoin. The literature highlights the sustainability challenges associated with this energy consumption. Several strategies have been proposed to mitigate these impacts, such as optimizing cryptographic puzzles, implementing two-round mining processes, and integrating renewable energy sources. Alternative consensus mechanisms like Proof-of-Stake (PoS) and Proof-of-Authority (PoA) are also explored. This research project aims to evaluate the energy consumption profiles of existing blockchain systems and propose new, more efficient consensus algorithms. It also focuses on integrating renewable energy sources and optimizing smart contracts to reduce their resource consumption. A thorough security analysis will ensure that energy efficiency improvements do not compromise network security and decentralization. Using simulation tools, this research will quantify the improvements brought by new algorithms and strategies, contributing to the sustainability and broader adoption of blockchain technology in an environmentally conscious manner.