2024 fleet average power price
Company: Core Scientific
What the later record shows
Outcome not yet confirmed
No passage reports Core Scientific's actual 2024 fleet average power price in cents/kWh. P1 gives direct power cost per bitcoin and per terahash for 2024 periods, but not a cents/kWh figure that could be compared to the 4.2-4.4 target.
“Cash Costs per Bitcoin Direct power cost per bitcoin self-mined Operational costs per bitcoin self-mined1 Total cost to self-mine one bitcoin2 Cash-Based Hash Cost3 Direct power cost per terahash”
2024-12-03 · December 2024 Convertible Note Presentation View cached copy (2026-09-01)Live source ↗
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 4.2-4.4 cents/kWh
Source (primary)
Second Quarter Fiscal Year 2024 Earnings Presentation (IR page (investors.corescientific.com), ir_presentation)
View cached copy (2026-10-16)Live source ↗Archive.org ↗
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 Q2 2024 earnings presentation's '2024 goals and targets' slide lists a bitcoin mining fleet average power price of 4.2-4.4 cents/kWh, matching the claim.
Confirmed in the source:
- Core Scientific listed a bitcoin mining fleet average power price of 4.2-4.4 cents/kWh
- The figure is presented as a 2024 goal/target (under the slide '2024 goals and targets')
What we did: Read our cached copy of IR page (investors.corescientific.com) (https://d1io3yog0oux5.cloudfront.net/_b76ddaa46c59e7a64138659274ff5f32/corescientific/db/1066/11129/pdf/Core_Scientific_Q2_2024_Earnings_Presentation.pdf) in full (24,266 characters, retrieved October 16, 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”