Current contracted power and operational infrastructure
Company: Core Scientific
The claim, verbatim
1.2 gigawatts of contracted power allocated to company use only, with 745 megawatts of operational infrastructure currently deployed for bitcoin mining
Source (primary)
Core Scientific, Inc. Investor and Analyst Event June 12, 2024 Transcript (IR page (investors.corescientific.com), earnings_call)
View cached copy (2026-09-01)Live source ↗
Quote: “we currently have 1.2 gigawatts of contracted power. That's power that utilities have allocated to us for our use only. Of that 1.2 gigawatts, we have 745 megawatts of operational infrastructure.”
How we checked this
Checked on October 10, 2026. The cited source supports every part of this claim.
The CEO states the 1.2 GW contracted power figure and that 745 MW of it is operational infrastructure used today for bitcoin mining.
Confirmed in the source:
- Core Scientific has 1.2 gigawatts of contracted power allocated by utilities for its use only
- 745 megawatts of that is operational infrastructure
- That operational infrastructure is currently used for bitcoin mining
What we did: Read our cached copy of IR page (investors.corescientific.com) (https://d1io3yog0oux5.cloudfront.net/_eb9c314ac28438fbd39d12d91c4e5bdc/corescientific/db/1066/11128/pdf/June_2024_Investor_Day_Transcript_061224.pdf) in full (94,603 characters, retrieved September 1, 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: “we currently have 1.2 gigawatts of contracted power. That's power that utilities have allocated to us for our use only. Of that 1.2 gigawatts, we have 745 megawatts of operational infrastructure.”