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Just saw that Canaan made a pretty big move in West Texas - dropped $39.75M in stock to grab 49% of some mining operation from Cipher. Canaan's been aggressive lately with these mining infrastructure plays. Interesting timing given how the mining landscape keeps shifting. Wonder if Canaan's betting on specific power deals or just expanding capacity there? The stock payment angle is interesting too - probably better for both sides than straight cash right now. Anyone following Canaan's mining strategy closely? Seems like they're building out physical operations, not just making chips. 🔨