2024 target: mining fleet avg power price 4.2-4.4¢/kWh
Company: Core Scientific
What the later record shows
Outcome not yet confirmed
No passage reports the 2024 fleet average power price in cents/kWh. The Q4 2024 figures of 2.4¢/3.3¢ are per terahash per day, not per kWh.
Checked October 16, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.
The claim, verbatim
2024 target bitcoin mining fleet average power price of 4.2 to 4.4 cents per kWh.
Source (primary)
Third Quarter Fiscal Year 2024 Earnings Presentation (IR page (investors.corescientific.com), ir_presentation)
View cached copy (2026-10-16)Live source ↗
Quote: “Bitcoin mining fleet average power price (cents/kWh) 4.2 - 4.4”
How we checked this
Checked on October 17, 2026. The cited source supports every part of this claim.
The '2024 goals and targets' slide lists a bitcoin mining fleet average power price of 4.2 - 4.4 cents/kWh.
Confirmed in the source:
- Core Scientific's 2024 target for bitcoin mining fleet average power price is 4.2 to 4.4 cents per kWh.
What we did: Read our cached copy of IR page (investors.corescientific.com) (https://d1io3yog0oux5.cloudfront.net/_b76ddaa46c59e7a64138659274ff5f32/corescientific/db/1066/11130/pdf/Core%2BScientific%2BQ3%2B2024%2BEarnings%2BPresentation.pdf) in full (24,743 characters, retrieved October 16, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Third Quarter Fiscal Year 2024 Earnings Presentation
Quote: “Bitcoin mining fleet average power price (cents/kWh) 4.2 - 4.4”