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"Elon Musk is going to destroy gold" - MacroBusiness
Mining ice from asteroids makes more sense than lifting water up from Earth, if you have the tech to do it and if there is a large orbital demand. You would need large scale orbital space tourism ...
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The Next Big Gold Rush Is Not on Earth—It's on Asteroids
Given the company's stated mission—landing probes on asteroids tumbling wildly through space and mining them for natural resources with solar-powered robots in nearly zero gravity—the place is ...
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Asteroid mining: What is it? SpaceX Falcon Heavy could make it a ...
If it was possible to mine all the minerals found in the astroids between the orbits of Mars and Jupiter the total value would be enough to give every human being on Earth about $100 billion (£72 billion). (Image: GETTY) One astronomer, Martin Elvis, believes the SpaceX Falcon Heavy, the world's most powerful rocket, could make this a reality.
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Asteroid Mining: Not as Crazy as it Sounds | Geology for Investors
If we can effectively land a bullet on a bullet 500 million miles away from Earth, then the idea of grabbing a near-earth asteroid doesn't sound nearly as crazy. The economics might still seem crazy, but the technology - not so much. As it turns out, there are three groups currently working on a long term strategy to gather resources from space.
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Mining the Infinite Resources of Space | OilPrice
And the economic appeal is just as great. Precious metals such as gold and platinum sell for around $50,000 per kilogram. By that standard, one small asteroid alone could be worth well around $30 ...
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Crazy, Insane Startups Are This Tech Investor's Meat and Potatoes
He has already invested $15 million in seven startups. Planetary Resources, one of those companies, wants to spark an interstellar gold rush by mining asteroids for precious metals. Another called...
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Asteroid Mining our way to intergalactic colonisation - The Green Times
Caltech's Keck Institute for Space Studies (KISS) recently released a report (PDF) which stated that "given the current pace of technology, we could reel in a 500-tonne asteroid by 2025 at a cost of roughly $2.6 billion." Astronomical work over the last fifteen years has increased the number of known Near Earth Asteroids from about 30 to about 400.
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Asteroid Mining: How to mine in space instead of on earth - VoiceTube
platinum from an asteroid would release 150 kilograms of CO2. On the other hand terrestrial mining would generate 40,000 kilos of CO2. Mining asteroids could be hundreds of times more sustainable. Essentially the main reason is there is almost no other substance you can mine which generates that much greenhouse gases.
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Get Ready for the Asteroid Gold Rush - Big Think
According to author and entrepreneur Steven Kotler, the great asteroid gold rush will serve as a major economic engine for future growth. That's because many of the rare elements and minerals on...
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Crazy, insane start-ups are this tech investor's meat and potatoes
Planetary Resources, one of those companies, wants to spark an interstellar gold rush by mining asteroids for precious metals. Another called Vicarious wants to build a computer system that learns ...
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Space Mining Will Not Solve Earth's Conflict Over Natural Resources ...
Silicon Valley says asteroid mining will end Earth's conflict over natural resources. It won't. It's become clear that there's just not enough stuff on Earth to go around. We're constantly ...
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Chinese Scientists' Plan to Seize a Near-Earth Asteroid ... - Inverse
It may sound crazy, but it's just one of many equally ambitious ideas floating around in the asteroid mining field. And as far as asteroid mining schemes go, it sounds pretty reasonable.
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Ugo Bardi's The Universal Mining Machine | Peak Energy & Resources ...
Taken together, these data indicate that the total energy used by the mining and metal producing industry might be of the order of 10% of the total. This estimation seems to be consistent with that of Rabago et al (2001) who report a 4%-7% range and those of Goeller and Weisnet (1978) of 8.5% for the metal industry in the United States only.
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The Economics of Asteroid Mining, page 1 - AboveTopSecret
Right now the cost of mining an ounce of gold from an asteroid is far higher than mining it from Earth. If the cost of mining it from Earth becomes high enough to where asteroid mining is competitive, then asteroid mining will commence.
WhatsApp:+8617329420102What level of manufacturing would a "mining world" possess?
Eldorado at Uranium City was mining ore that ran 0.25% U. They had a huge concentrating mill that brought it up to a much higher percentage, before packing in drums for barge transport. But at Port Radium on Great Bear lake, they found deposits rich enough that they just loaded the ore into burlap sacks and barged it down the McKenzie.
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Is the world running out of gold? | DW | 19.03.2019
Last week, the world's largest gold miners, Barrick Gold and Newmont Mining, agreed to form a joint venture in a deal that canceled Barrick's nearly $18 billion (€15.8 billion) unsolicited offer ...
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The evolution of space travel -- a new gold rush has begun
That's astounding. Because of Musk and the space ambitions of several other billionaires, everything from asteroid mining to space medicine to space tourism is now being developed. A new "Gold...
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Asteroid Mining - A fast way to get rich? - Blogger
Jun 19, 2021Asteroid Mining Fast Facts. Asteroids are the new gold mines. Fly to an asteroid, dig up its minerals, become a billionaire. I used to think this is crazy and will never make financial sense. But after a lot of reading I'm now thinking maybe it will work - by letting bacteria do the digging.
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Economic Incentives of a Mars Colony
4. I see five main categories of economic incentive in any sort of near-future extra-terran base, be this on the Moon or on Mars: Data and Science: Unlike conventional goods, data is extremely lightweight and easy to transport. Sending it from Mars to Earth is cheap and fast.
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Space Mining Will Not Solve Earth's Conflict Over Natural Resources ...
Silicon Valley says asteroid mining will end Earth's conflict over natural resources. It won't. Bryan Versteeg/Deep Space Industries It's become clear that there's just not enough stuff on Earth to...
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Valley of the Gods | Book by Alexandra Wolfe - Simon & Schuster
"Wolfe, a Wall Street Journal columnist and the daughter of author Tom Wolfe, uses the stories of Burnham, Deming, and their peers in Valley of the Gods to chronicle the peculiar and often comical mores of Silicon Valley....Valley poses some weighty questions about the value of a college education and the nobility of joining the modern gold rush in Silicon Valley, but the allure of the book is ...
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Does asteroid mining threaten the earth? - The Straight Dope
Recalling how New World gold distorted the Spanish economy, I suspect a flood like that would crash the precious metals markets, wreaking who knows what financial havoc. But one problem at a time. Once enough likely asteroids are found, probes will be sent out to assay them for mineral potential, followed by robot miners to work the claims.
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Asteroid Mining our way to intergalactic colonisation - The Green Times
Why mining an asteroid for water and precious metals isn't as crazy as it sounds; Single asteroid worth £60 trillion if it was mined - as much as world earns in a year; The technical and economic feasibility of mining the near-earth asteroids ; Can James Cameron — or anyone — really mine asteroids? Wikipedia: Asteroid mining
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Ugo Bardi's The Universal Mining Machine | Peak Energy & Resources ...
Preface.Below I've excerpted some of Ugo Bardi's "The Universal Mining Machine" (24 January 2008 europe.theoildrum), but I've left a great deal out of this excellent article, I encourage you to read all of it if you have time. The biggest problem the world faces is "Peak Diesel", which is what my book "When Trucks stop running" is about.
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Goldman Sachs says mining platinum from asteroids is a ... - The Sun
THE global investment bank Goldman Sachs has claimed mining asteroids for precious metals is a "realistic" goal. It has released a report exploring the possibility of using an "asteroid-grabbing ...
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Mission to Mars: My Vision for Space Exploration - Goodreads
A practical guide to future space exploration with asteroids and Mars as a destination. Mars would be a planet to colonize not just explore. ... but not the best development of argument and It feels quite disconnected from modern socio-economics. flag 1 like · Like · see review. Dec 09, 2021 Patrick Kelly rated it it was amazing.
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Space Mining | Page 4 | The Sietch
The entire economy is more than just investment and perceived value. There is a hard line where if you can only make a product at a loss, unless the government or a similar party interfere, you will no longer be able to keep making that product. ... After the first asteroid mining will actually pick up hugely because the industrial demand for ...
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Space-Mining Company Prepares for Launch | The Escapist Forums
Space-Mining Company Prepares for Launch All the drama and excitement of Mass Effect's resource scanning is coming to the real world. Galactic quantity surveyors rejoice! A Washington-based engineering firm called Planetary Resources has just secured funding to begin developing its...
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How a tax haven is leading the race to privatise space
Sep 15, 2017At first, asteroid mining struck Schneider as crazy. "I listened to him and wondered what this guy might have smoked this morning; it sounded like complete science fiction," he recalled. But ...
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Killer Asteroid Hitting Earth In 2022? Here Is What NASA Says
Johnson revealed that so far, there are 2,078 potentially hazardous asteroids in NASA's catalogue. In October 2022, a half-mile-wide asteroid called Didymos will approach Earth. The killer asteroid will be accompanied by its 500-foot-wide moon, which will be orbiting it. Given the huge size of Didymos and its moon, ground-based telescopes ...
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How Asteroid Mining Will Work - Check It out on Alux
Mining the Asteroids Given the fact that the idea of asteroid mining is in very primitive stage, the initial mining operations would be completely automated in nature. Unlike earth and the other planets, Asteroids do not have any gravitational field, that's why very little energy is needed to enter an Asteroid's surface and escape it.
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Asteroid mining: The crazy, awesome plan to grab platinum from outer space.
Last month, a group of starry-eyed billionaires—including Googlers Larry Page and Eric Schmidt and director James Cameron—told the tech world about their latest, craziest scheme. The Avatar -esque...
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How the asteroid-mining bubble burst | MIT Technology Review
In the best of worlds, Chris Lewicki and Peter Diamandis might have changed the course of human civilization. Their startup, Planetary Resources, was launched in 2012 with the modest dream of...
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Top 20 Country GDP (PPP) History & Projection (1800-2040)
Apollo said: They did some Suugo Science to come up with the GDP stats for each country. Probably from economic historian studies. its fake, no way can japan have lower gdp than uk and france through ppp. japan already has larger gdp than france and Uk put together, also the ppp is UN useless data created in early 1990s but some UN arab economist,
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story identification - Alien disease for repopulation - Science Fiction ...
1 Answer. I no longer have the set of books, but from memory, this is one of the Troy Rising trilogy by John Ringo. The first book 'Live free or die' has a mass plague caused by the alien Horvaths, a lot of people die, a large number of blonde haired people survive. It is then noticed by a Dr Johannsen that the females are now in a monthly ...
WhatsApp:+8617329420102New US space mining law to spark interplanetary gold rush
We don't seem crazy any more. We don't have to work very hard to convince investors." According to Nasa research, of some 1,500 asteroids within easy reach from Earth, possibly 10 percent have ...
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How Mining Asteroids Could Help Jump-start a Space Economy - Inc
Lewicki said the company's ultimate goal is to mine asteroids for water to help lower the cost of space exploration. "Where we are starting is very simple and very valuable to everyone--water ...
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Interplanetary gold rush as US legalises space mining | News24
The US move conjured visions of the great opening of the United States' Western frontier in the 19th century, which led to the California Gold Rush of 1849. But for the moment, the costs of pioneering the economic exploitation of space remain exorbitant and the risks high.
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Crazy Town Season 1 - Post Carbon Institute
This episode of Crazy Town focuses on the limits to growth, including the growth imperatives built into our economic institutions, and explores how the economy could make a shift toward sustainability. Along the way, Asher, Rob, and Jason take some potshots at Ronnie and his cohort of math-challenged wishful thinkers.
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Oct 9 Asteroid mining is $220 million venture for Luxembourg
Luxembourg has issued five five asteroid mining permits with 60 pending. The Luxembourg ministry said it is optimistic that at least one of these companies will launch a prospecting mission to an asteroid within three years. Some asteroids are rich in the platinum group materials and other precious metals. Some asteroids are mostly nickel-iron ...
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