Welcome

Pebble Midwest is a company that aims to revolutionize the way Tech Businesses access power in North Dakota. Our mission is to create a solid industry in ND that utilizes stranded power options and also works to stabilize our electrical grid. 

We believe it is important to steward our beautiful land and natural resources. Pebble Midwest is conscious of the land we love, but also aware of the opportunities our resources bring to our world beyond the region.  

Pebble Energy is a North Dakota company,  which is Pebble Midwest's parent company. Pebble Energy is owned and operated by North Dakotans for North Dakotans.  This company is a concept grown from local networking and community support.

James W. Faut is a North Dakota born resident who loves the land and is especially aware of the opportunity and beauty the Midwest has to offer.  James has been in the energy industry for over 25 years. He lives with his wife and two daughters in rural Burliegh county.

A kilowatt-hour is a unit of energy usage. 

A Megawatt-hour (MWh) of energy is equivalent to 1,000 kWh or one million watt-hours.

Megawatt-hour provides accurate and reliable data on energy consumption and production, enabling precise billing and payment of electricity bills based on actual usage. 

Using Megawatt-hour (MWh) as a unit of measurement is cost-effective for both consumers and producers.  It also assists in forecasting and planning energy production and consumption.

Bitcoin is a Peer-to-Peer Electronic Cash System. 

The Original Whitepaper outlines the Bitcoin concept, how it executes and why it is beneficial.   Here is the link:  

https://www.bitcoin.com/satoshi-archive/whitepaper/#selection-143.0-143.1120 

Mining is the process by which miners use computing power to find a valid hash below a certain target, securing the Bitcoin network and adding new blocks to the timechain. Miners are rewarded with newly minted bitcoin and transaction fees for their work. 

A Mining Pool allows multiple miners to combine their computing power to mine Bitcoin blocks more consistently. The rewards are then distributed among participants, offering steady payouts rather than relying on solo efforts.  

A Node is any computer connected to the Bitcoin network. Full nodes validate and enforce all of Bitcoin’s rules, maintaining a complete copy of the blockchain and ensuring the network’s decentralization and security. 

GPUs (Graphics Processing Units) are specialized hardware originally used for video rendering. Early Bitcoin miners used GPUs to mine blocks, but they’ve since been replaced.

A Hash is a function that transforms any data into a fixed-size output, which is impossible to do in reverse without trying all possible inputs.   Modern cryptographic hashes, such as SHA-256, are significantly more complex and secure versions of this. The word is also used to refer to the output of such a function. 

Hash Rate: Is a measurement of the total processing or computing power of the Bitcoin miners. A higher hash rate makes the network more secure, as it becomes harder to alter the blockchain or launch a 51% attack.