Bitcoin mining power cost guidance
Company: Core Scientific
What the later record shows
Outcome not yet confirmed
The passages give power cost per bitcoin and per terahash, not an average fleet power price in cents per kWh, so the 4.2–4.4 cent target cannot be checked.
Checked October 10, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.
The claim, verbatim
Bitcoin mining fleet average power price target of 4.2 to 4.4 cents per kWh
Source (primary)
Second Quarter Fiscal Year 2024 Earnings Presentation (IR page (investors.corescientific.com), ir_presentation)
View cached copy (2026-09-01)Live source ↗
Quote: “Bitcoin mining fleet average power price (cents/kWh) 4.2 - 4.4”
How we checked this
Checked on October 10, 2026. The cited source supports every part of this claim.
The '2024 goals and targets' slide lists the bitcoin mining fleet average power price as 4.2 to 4.4 cents per kWh.
Confirmed in the source:
- The 2024 target for average power price across the bitcoin mining fleet is 4.2 to 4.4 cents per kWh
What we did: Read our cached copy of IR page (investors.corescientific.com) (https://d1io3yog0oux5.cloudfront.net/_eb9c314ac28438fbd39d12d91c4e5bdc/corescientific/db/1066/11129/pdf/Core_Scientific_Q2_2024_Earnings_Presentation.pdf) in full (24,266 characters, retrieved September 1, 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”