Austin 16 MW HPC data center revenue run rate
Company: Core Scientific - Project: Austin Data Center (ASDC)
The claim, verbatim
The 16 MW Austin HPC data center carries approximately $22 million annual revenue run rate (excluding power pass-through).
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: “16 MW Austin HPC Data Center ... ~ $22 Million1 annual revenue run rate”
How we checked this
Checked on October 17, 2026. The cited source supports part of this claim, but not all of it.
The slide lists the 16 MW Austin and 11 MW Alabama HPC data centers together next to a '~$22 Million annual revenue run rate', so the document does not clearly assign that figure to Austin alone.
Confirmed in the source:
- The presentation cites an approximately $22 million annual revenue run rate for HPC hosting.
- That $22 million figure is footnoted as not including power pass-through.
- The presentation describes a 16 MW Austin HPC data center.
We could not confirm this from the cited source:
- The approximately $22 million annual revenue run rate is attributable to the 16 MW Austin HPC data center alone.
That does not mean it is false — only that this source does not establish it, as of the date above. If we find a source that settles it, we will re-check and update this page.
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: “16 MW Austin HPC Data Center ... ~ $22 Million1 annual revenue run rate”