Preheat your oven to 350F (175C) and line 2 12-count muffin tins with paper liners. Set aside.
In the bowl of a stand mixer fitted with a paddle attachment, whisk together flour, sugars, cocoa powder, baking soda, and salt.
1 ¾ cup(215g) all-purpose flour, 1 cup(200g) light brown sugar , 1 cup(200g) sugar, ¾ cup(75g) dark cocoa powder, 1 ½ teaspoons baking soda, ¾ teaspoon salt
Add melted butter and oil, stir well.
½ cup(113g) unsalted butter, ½ cup(118ml) avocado oil or vegetable oil or canola oil
Add eggs and egg yolk, one at a time, stirring well after each addition. Pause occasionally to scrape down the sides and bottom of bowl.
2 large eggs + 1 egg yolk
Stir in vanilla extract. Gradually add buttermilk and stir well, then stir in chopped chocolate.
2 teaspoons vanilla extract, 1 cup buttermilk, 4 oz(113g) dark chocolate
Add hot coffee, stirring until ingredients are well-combined (be sure to scrape sides and bottom of bowl again).
½ cup(118ml) hot coffee*
Evenly divide batter into prepared muffin tins. Do not fill muffin tins higher than ⅔ of the way full or the batter will spread out over the top of the pan and you'll have awkward and unappealing flat-topped cupcakes.
Bake on 350F (175C) for 18 minutes or until a toothpick inserted in center should come out with moist crumbs (not wet batter).
Allow to cool completely in the muffin tins before removing and decorating with your favorite frosting. I recommend using my peanut butter frosting.
1 batch peanut butter frosting
Notes
*If you don't have hot coffee, hot water can be used.
Cocoa Powder
A few people noted that Hershey's has changed their cocoa powder from the one shown in my post. As of August 2021 I have tested the recipe with their new formula and it still works great here with no issues!