Nahh, been all over grounding problems causing pinholes in copper over at the electrical forum. Doesn't happen, it's corrosion caused by minerals in the water.

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The contractor who built the house used I believe it was called copper "red"? it was the thinnest walled copper that could be used by code.

That's type M which can be identified by the red printing on it. Probably why some call it red copper. Type M is used for heating. Only DWV is thinner (yellow printing)but since it's for drainage you won't find it below 1-1/2". You would use type L (blue printing) for water supplies due to it's heavier wall. I'm surprised that any code allowed M for water lines.

-Hal