|Location||Mackenzie, British Columbia (Canada)|
Under Construction: 30MW
|Power Capacity||80MW (2.5 EH/s)|
|Miner Capacity||~26,000 when fully operational|
|Connectivity||Single fiber path with a second fiber path planned for 2023|
|Employment||15 direct full-time jobs|
Iris Energy’s second operating site is located in Mackenzie (population 4,000), historically a major lumber town with a regional airport located 670km north of Vancouver and 170km north of Prince George (population 74,000).
Iris Energy acquired 11-acres of freehold land from the District of Mackenzie to develop data centers and provide additional economic activity, which has been in decline due to recent mill closures.
Construction commenced in October 2021 with the initial 9MW coming online in April 2022, expanding to 50MW in August 2022, and the final 30MW energized in December 2022.
The proprietary data centers will have capacity for ~26,000 Bitmain S19j Pro miners generating ~2.5 EH/s of hashrate (when fully operational) and support approximately 15 direct full-time local jobs in Mackenzie.
The facility will generate long-term revenue streams for the District of Mackenzie and the local community over the multi-decade expected life of the business. Iris Energy has committed to purchasing locally and contracting with local businesses where it is possible and makes sense to do so.
The site is connected to the BC Hydro transmission network and powered by 100% renewable energy, currently approximately 97% sourced from clean or renewable sources as reported by BC Hydro (primarily from hydroelectricity) and 3% sourced from the purchase of RECs.
Declining industrial demand over the past couple of decades and additional renewable generation capacity has resulted in BC Hydro having excess generation compared to load and Iris Energy’s data centers can absorb some of this excess capacity, which under the regulatory model applicable in British Columbia has the benefit of reducing rates for other BC Hydro customers.