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Author SHA1 Message Date
417594ad31 Merge branch 'master' into Alex
* master:
  spelling updates

# Conflicts:
#	Bitcoin/Sections/Results.tex
2022-10-31 22:31:25 -06:00
1f370a1d29 spelling updates 2022-10-31 22:13:31 -06:00
4 changed files with 6 additions and 6 deletions

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@ -3,9 +3,9 @@
\begin{enumerate}
\item{Enverus}
\begin{itemize}
\item{US Well Data}
\item{Gas hookup Company}
\item{SPUD date}
\item{U.S. Well Data}
\item{Gas Hookup Company}
\item{SPUD Date}
\end{itemize}
\item{Energy Information Administrations}
\begin{itemize}

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@ -23,7 +23,7 @@
\newline
\(Revenue=\text{Total Reward}\cdot \frac{\text{Tickets Owned}}{\text{All Tickets}}\)
\newline
\(Costs=\text{Electricity used}\cdot\text{Price of Electricity}\)
\(Costs=\text{Electricity Used}\cdot\text{Price of Electricity}\)
\newline
\(\text{Tickets Owned}=f(\text{Computer Output},\text{Electricity Used})\)
\newline

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@ -13,5 +13,5 @@ Where \(R_{i,t}\) is the revenue of miner \(i\in I\), at time t. \(q_{i}\) is th
\%\Delta R=\%\Delta P_{btc}(1-\epsilon)
\end{align*}
\end{block}
If the Bitcoin price elasticity of hash \(\epsilon\) is elastic, than a decrease in price will \textbf{\emph{increase}} revenue, for low marginal cost producers.
If the Bitcoin price elasticity of hash \(\epsilon\) is elastic, than a decrease in price will \textbf{\emph{increase}} revenue for low marginal cost producers.
\end{frame}

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@ -17,7 +17,7 @@
Where \(Q_{O,b,t}\) is the net present oil produced in a basin state pair b, at time t, \(P_{WTI}\) is the West Texas Intermediate futures price, \(P_{HH}\) is the futures price of the Henry Hub spot market, \(\theta_{t}\) is a month dummy, and \(\gamma_{b,t}\) is a variable that represents the amount of monetary damage from natural disasters.\newline
\textbf{2SLS is used, with instruments of:}
\textbf{Two-stage Least Square is used, with instruments of:}
\begin{enumerate}
\item{VAR model residuals of oil refinery volumes, and gas storage}
\item{Regional population weighted cooling and heating degree days}