jain.com

2024 bitcoin mining fleet average power price guidance

Company: Core Scientific

Subject kind
guidance
Statement date
2024-08-07
Promised by
2024-12-31
Promised amount
4.2 percent
Current status
outcome unconfirmed

What the later record shows

Outcome not yet confirmed

The Q3 2024 deck only restates the 4.2-4.4 cents/kWh target. No passage reports the actual 2024 average power price.

“2024 goals and targets MW HPC critical IT load 16 Bitcoin mining fleet average power price (cents/kWh) 4.2 - 4.4”
2024-11-05 · core-scientific 8-K exhibit (corescientificq32024earn.htm) View cached copy (2026-10-25)Live source ↗

Checked November 10, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.

The claim, verbatim

Bitcoin mining fleet average power price target of 4.2 to 4.4 cents per kWh

Source (primary)

Second Quarter Fiscal Year 2024 Earnings Presentation (IR page (investors.corescientific.com), ir_presentation)
View cached copy (2026-09-26)Live source ↗

Quote: “Bitcoin mining fleet average power price (cents/kWh) 4.2 - 4.4”

How we checked this

Checked on October 12, 2026. The cited source supports every part of this claim.

The presentation's '2024 goals and targets' slide lists a bitcoin mining fleet average power price of 4.2 - 4.4 cents/kWh, which matches the claim.

Confirmed in the source:

What we did: Read our cached copy of IR page (investors.corescientific.com) (https://d1io3yog0oux5.cloudfront.net/_fda3a1f2f1890adaa7ac6c4d9d310971/corescientific/db/1066/11129/pdf/Core_Scientific_Q2_2024_Earnings_Presentation.pdf) in full (24,266 characters, retrieved September 26, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms Second Quarter Fiscal Year 2024 Earnings Presentation

Quote: “Bitcoin mining fleet average power price (cents/kWh) 4.2 - 4.4”

View cached copy (2026-09-26)Live source ↗

Record of changes

September 26, 2026 — stated
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
September 27, 2026 — delayed
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
October 9, 2026 — outcome unconfirmed
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
October 9, 2026 — outcome unconfirmed
Review. statement_date 2026-09-26 was the source's retrieval date; source published 2024-08-07.