jain.com

Hash rate increase from Block mining chips

Company: Core Scientific

Subject kind
facility capacity
Statement date
2026-08-14
Promised amount
60.0 percent
Current status
stated

The claim, verbatim

The mining chips from Block will increase Core Scientific's hash rate by 60% compared to June 2024 levels

Source (primary)

Jack Dorsey's Block Sells First Bitcoin Mining Chips to Core Scientific - Yellow.com (-, news_article)
View cached copy (2026-08-31)Live source ↗

Quote: “This will boost the company's hash rate by 60% compared to June 2024 levels.”

How we checked this

Checked on September 19, 2026. The cited source supports every part of this claim.

The document directly states the deal will boost the company's hash rate by 60% versus June 2024 levels.

Confirmed in the source:

What we did: Read our cached copy of the publisher (https://yellow.com/tampa.html/news/jack-dorseys-block-sells-first-bitcoin-mining-chips-to-core-scientific) in full (7,019 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms Jack Dorsey's Block Sells First Bitcoin Mining Chips to Core Scientific - Yellow.com

Quote: “This will boost the company's hash rate by 60% compared to June 2024 levels.”

View cached copy (2026-08-31)Live source ↗