Corpus Christi is projected to run out of fresh water by next summer.
Drilled wells are dry now.
That’s a city of 300,000 people, most of whom are Mexican-American.
Crypto mining is a fat, bloated tick draining the blood out of us.
NEW: In 2022, Bitcoin miners promised Corpus Christi millions in tax revenues in exchange for the de-annexation of their water-sucking cryptomine. Four years later, the city is in a water crisis & the mine has yielded only a minute fraction of what was promised. www.texasobserver.org/corpus-chris...
www.texasobserver.org
The city declined to supply public records on the mine’s water usage, citing a state law that allows nondisclosure of an individual customer’s account.
