Added Background information
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%------------------------------------------------
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\section{Introduction \& Overview}
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\input{./Sections/Intro.tex}
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\input{./Sections/Background.tex}
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\input{./Sections/Key_Questions.tex}
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\input{./Sections/Bitcoin_Incentives.tex}
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\input{./Sections/Mining_Structure.tex}
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\input{./Sections/Mining_Model.tex}
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\input{./Sections/Mining_elast.tex}
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\input{./Sections/Reg_elas.tex}
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\input{./Sections/Wyoming_hookup.tex}
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\input{./Sections/Wyoming_Hookup.tex}
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\section{Theory}
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\section{History}
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%\subsection{Key Events}
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Bitcoin/Sections/Background.tex
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61
Bitcoin/Sections/Background.tex
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%------------------------------------------------
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\begin{frame}{Background}
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\begin{columns}[c] % The "c" option specifies centered vertical alignment while the "t" option is used for top vertical alignment
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\column{.45\textwidth} % Left column and width
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\textbf{Natural Gas Flaring}
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\begin{itemize}
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\item By-product of oil production
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\item Remote and high gas oil ratio (GOR) reservoirs
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\item Pipelines are expensive
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\item Free disposal
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\end{itemize}
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\column{.5\textwidth} % Right column and width
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\includegraphics[width=\columnwidth,height=0.43\textheight,keepaspectratio]{./img/flaring.jpg}
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\end{columns}
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\begin{columns}[c] % The "c" option specifies centered vertical alignment while the "t" option is used for top vertical alignment
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\pause
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\column{.45\textwidth} % Left column and width
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\textbf{Bitcoin Mining}
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\begin{itemize}
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\item Bitcoin miners use electricity to earn profit
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\item No need for to ship to market
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\item Paying oil producers for waste gas
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\item Contracts are about \(\frac{1}{3}\) whole sale price
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\end{itemize}
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\column{.5\textwidth} % Right column and width
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\includegraphics[width=\columnwidth,height=0.43\textheight,keepaspectratio]{./img/Miner.jpg}
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\end{columns}
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\end{frame}
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%------------------------------------------------
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\begin{frame}{Relvance to Wyoming}
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\begin{columns}[c] % The "c" option specifies centered vertical alignment while the "t" option is used for top vertical alignment
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\column{.45\textwidth} % Left column and width
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\textbf{Factors of the Wyoming market}
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\begin{itemize}
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\item Increasing flaring rates
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\item Regulatory concerns about emissions
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\item Most Bitcoin miner friendlily regulations in the US
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\item Period of low temperature
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\item Major basins have diffrent GOR
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\end{itemize}
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\column{.5\textwidth} % Right column and width
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%\includegraphics[width=\columnwidth,height=0.43\textheight,keepaspectratio]{./img/flaring.jpg}
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Filler: Include heat map of US flaring
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\end{columns}
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\end{frame}
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Bitcoin/img/flaring.jpg
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