According to CoinMeta, in its weekly report on November 9th, CoinShares mentioned that its blockchain stock index fell by 6.6% last week, while Bitcoin fell by 2.1% during the same period. Among them, Cipher Digital, Iren, and Hut each fell by 31.5%, 31.3%, and 30.8% respectively. CoinShares believes that after the mid-term elections in the United States, the new governor of Texas proposed to strengthen data center regulation, which has raised concerns about a slowdown in project approvals and rising electricity costs. However, stricter regulations may also increase the asset value of mining companies that have already obtained electricity access permits and long-term customer contracts.