Texas Bitcoin Mine Drained 11 Million Gallons as Corpus Christi Ran Dry. Now the City Is Hiding the Evidence. (opens in new tab)

CORPUS CHRISTI, Texas. The city’s wells are running dry. Its two main reservoirs sit at critically low levels. Residents have been living under outdoor watering bans since December 2024, forbidden from hosing down their driveways or washing their cars. And somewhere on a 75-acre spread just outside the city’s northwest limits, a Bitcoin mine owned by companies tied to Tether, the world’s largest stablecoin issuer, is pulling millions of gallons of water from the municipal system every month. ...