Mackenzie GPU installation timeline
Company: IREN - Project: Mackenzie
What the later record shows
Outcome not yet confirmed
Later passages describe a $2.4B financing for future NVIDIA GPU purchases at Mackenzie, with draws tied to future hardware delivery and commissioning, but none says GPU installation actually began in H2 2026. The SemiAnalysis reports concern the legacy Mackenzie site's reliability and do not confirm new GPU installations.
“The facility will fund equipment in tranches over a defined draw period, aligned with delivery and commissioning of hardware”
2026-08-28 · NVIDIA GPUs get $2.4B financing as IREN builds an AI campus - Stock Titan View cached copy (2026-09-01)Live source ↗
“IREN plans to use the proceeds to buy air-cooled NVIDIA Accelerated Computing Infrastructure , including NVIDIA Blackwell Ultra GPUs.”
2026-08-28 · NVIDIA GPUs get $2.4B financing as IREN builds an AI campus - Stock Titan View cached copy (2026-09-01)Live source ↗
“SemiAnalysis cited reports of power outages, network disruptions, and other failures at IREN's Prince George and Mackenzie sites.”
2026-10-08 · IREN Dips Further After Semianalysis Flags Issues With Legacy British Columbia Data Centers: Retail Mood Drops - Menafn View cached copy (2026-10-09)Live source ↗
Checked October 9, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.
The claim, verbatim
80 megawatts of data center capacity prepared at Mackenzie with GPU installations commencing in H2 2026
Source (primary)
iren 8-K exhibit (irentranscript.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-09-07)Live source ↗
Quote: “At Mackenzie, 80 megawatts of data center capacity has been prepared for GPU installations commencing in the second half of 2026.”
How we checked this
Checked on October 10, 2026. The cited source supports every part of this claim.
The transcript states directly that 80 MW at Mackenzie has been prepared for GPU installations beginning in the second half of 2026.
Confirmed in the source:
- 80 megawatts of data center capacity has been prepared at Mackenzie
- GPU installations at Mackenzie are scheduled to commence in the second half of 2026
What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1878848/000187884826000028/irentranscript.htm) in full (50,400 characters, retrieved September 7, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms iren 8-K exhibit (irentranscript.htm)
Quote: “At Mackenzie, 80 megawatts of data center capacity has been prepared for GPU installations commencing in the second half of 2026.”