Just saw Canaan grabbed nearly half of that West Texas mining operation for like $39.75M in stock. Pretty interesting move - Canaan's been aggressive with these infrastructure plays lately. Wonder if they're trying to lock in more hashrate or just diversifying their mining exposure. The whole thing is basically Canaan taking over Cipher's stake in the venture. Honestly not sure if this is bullish for their business long-term or just them throwing capital around. What's everyone's take on Canaan's mining strategy these days?

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