just saw that Canaan picked up Cipher's stake in that West Texas mining operation for like $39.75M in stock. pretty interesting move tbh - Canaan's clearly doubling down on the mining side of things. they already make the hardware, now they're getting into actual mining operations. not sure if this is a smart play or if they're overextending, but it shows how serious these hardware makers are getting about vertical integration. the West Texas location is solid for mining too, cheaper power and space. wonder if other Canaan competitors will follow suit or if this is just Canaan being aggressive. either way, consolidation in mining keeps happening and it's reshaping the whole industry structure. what do you think - good move or nah?