Fry the bacon until crispy, remove and set aside the bacon, save the fat
Sauté onions, jalapenos, and garlic until soft, remove set aside with the bacon
Brown the beef. Then add the tomato paste and cook the paste briefly
Return onions, peppers, garlic, and bacon to the pot and stir to combine. Add the beers or broth, plus 1-pint of water. Bring to a boil then reduce heat to low.
Add the chili powder, salt, and cayenne pepper. Simmer on low with a lid slightly ajar for approximately 3-hours. Occasionally, skim the fat from the surface, when finished cooking, all the fat should be removed
About 30 minutes before serving, add the ground cumin and paprika