jain.com

Net operating income at full 1.1 GW utilization

Company: Core Scientific

Subject kind
guidance
Statement date
2026-11-05
Promised amount
1600000000.0 USD
Current status
stated

The claim, verbatim

Once the full roughly 1.1 gigawatts is delivered and billing, annual net operating income is expected to average $1.6 billion.

Source (primary)

Core Scientific to Exit Bitcoin Mining by Year-End, Pivots to Pure-Play AI Data Centers - BigGo Finance (-, news_article)
View cached copy (2026-11-06)Live source ↗Archive.org ↗

Quote: “annual revenue is expected to average $1.8 billion and net operating income $1.6 billion”

How we checked this

This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.

Additional evidence

confirms Core Scientific to Exit Bitcoin Mining by Year-End, Pivots to Pure-Play AI Data Centers - BigGo Finance

Quote: “annual revenue is expected to average $1.8 billion and net operating income $1.6 billion”

View cached copy (2026-11-06)Live source ↗Archive.org ↗