jain.com

500 MW HPC revenue potential

Company: Core Scientific

Subject kind
guidance
Statement date
2024-07-02
Promised amount
8000000000.0 USD
Current status
stated

The claim, verbatim

The full 500 MW of HPC hosting capacity could generate more than $8 billion in revenue over a 12-year term.

Source (primary)

Core Scientific, Inc. Investor and Analyst Event June 12, 2024 Transcript (IR page (investors.corescientific.com), earnings_call)
View cached copy (2026-10-16)Live source ↗Archive.org ↗

Quote: “the full 500 megawatts could generate more than $8 billion in revenue over a 12-year term”

How we checked this

Checked on October 17, 2026. The cited source supports every part of this claim.

CEO Adam Sullivan said that, including the remaining 300 MW, the full 500 MW could generate more than $8 billion in revenue over a 12-year term.

Confirmed in the source:

What we did: Read our cached copy of IR page (investors.corescientific.com) (https://d1io3yog0oux5.cloudfront.net/_b76ddaa46c59e7a64138659274ff5f32/corescientific/db/1066/11128/pdf/June_2024_Investor_Day_Transcript_061224.pdf) in full (94,603 characters, retrieved October 16, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms Core Scientific, Inc. Investor and Analyst Event June 12, 2024 Transcript

Quote: “the full 500 megawatts could generate more than $8 billion in revenue over a 12-year term”

View cached copy (2026-10-16)Live source ↗Archive.org ↗