Candice Bernd
3
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Jun 16, 2026
Corpus Christi’s water fight meets cryptomining
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10:13Candice BerndGUEST
Yeah, so basically what ends up transpiring here is that these mine operators have paid only a minute fraction of what was originally promised.
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10:22Candice BerndGUEST
So these revenues of 32 to 50 million over a 10 year period, that's just not what we've seen borne out from this mine.
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10:30Candice BerndGUEST
Essentially, I got records last year and this year for their pilot payments.
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10:36Candice BerndGUEST
And it's something of about $4,300 that they paid from February to like April of this year.
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10:43Candice BerndGUEST
And so, you know, the other part about this is that their IDA was redrafted in 2024.
#49: Data Centers and Fossil Fuels with Candice Bernd & John Kendall
6:41
6:53
7:00
7:06
7:18

Sam LawHOST
It's, it's the current, uh, material infrastructural projects being pushed by, you know, the largest capitalist interests we have, Silicon Valley and, and the fossil fuel industries on rural communities across the country.
Candice BerndGUEST
But yeah, just for a little bit more context on the Texas boom, we are facing something like 400 data centers coming in.
Candice BerndGUEST
It's actually more than that because there's like 70 more that were projected to come in this year.
Candice BerndGUEST
So, uh, the number that I've been using and that our grid oper- operator, ERCOT, uses is that it's 250 homes for one megawatt.
Candice BerndGUEST
And recently, ERCOT released a projection, projection that shows that because of the data center boom, energy consumption here is s- basically slated to quadruple by 2032, which is incredible.
29 MINS LATER
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36:53MattHOST
But yeah.
Memorial Weekend Special 2
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27:18Candice BerndGUEST
Um, the facility was announced in 2022, um, and what this meeting was about was they were weighing this tax abatement.
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27:36Candice BerndGUEST
Um, and so this is s- something like a $6 million tax abatement that they wanted in order to expand this facility, which they broke ground on in 2022, into what will be and is still on track to be the world's largest crypto mining facility.
8 MINS LATER