Drudge Retort: The Other Side of the News
Sunday, March 11, 2018

Millions of asteroids roam our solar system. Most are thought unsuitable for mining, either because they're too small, too inaccessible to Earth or because the materials that make up the asteroid have little value. But we know of almost 1,000 asteroids that show potential. Timing is everything, though. The varied orbits of these asteroids mean that many are nearby only once every several years. The estimated potential value of some of these asteroids -- assuming you could completely mine them, and assuming current market valuations -- is so substantial as to be barely comprehensible. The most valuable known asteroid is estimated to be worth $15 quintillion, according to Asterank, a database owned by Planetary Resources, a company that aims to mine asteroids. That represents the world's total gross domestic product (about $80 trillion) 192,283 times over.





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Asteroid mining would change the world as we know it.
Exciting, and a bit scary to ponder 🤔

#1 | Posted by GOnoles92 at 2018-03-10 11:52 AM | Reply


#2 | Posted by SheepleSchism at 2018-03-10 05:57 PM | Reply

where do I sign up?

#3 | Posted by Tor at 2018-03-10 08:32 PM | Reply

Watch, the thrust from the first mining load to leave the asteroid will be miscalculated (some idiot will calculate in English units what is programmed in metric) and it'll push the asteroid off course, resulting in it arriving at Earth the same time as the mining load.


#4 | Posted by jpw at 2018-03-11 01:08 AM | Reply

doesn't mean anything. the only figure that matters is the world population.

#5 | Posted by ABlock at 2018-03-11 10:42 AM | Reply

doesn't mean anything. the only figure that matters is the world population.
#5 | Posted by ABlock

In what way? And what is your solution?

#6 | Posted by Daniel at 2018-03-11 11:50 AM | Reply

By the time we break orbit, every thing on a space craft cost more than it's weight in gold. What ever they are looking for would have to be worth a lot more.

#7 | Posted by docnjo at 2018-03-11 12:23 PM | Reply

#7: Spacex has already broken that limitation. And the 100% reusable BFR will cost less than $7 million to put 330,000 lbs into LEO. That will change everything about getting stuff into space.

#8 | Posted by Daniel at 2018-03-11 05:14 PM | Reply

And what is your solution?

earth has a cancer..it's humanity. name one thing that humankind has done that has strengthened the biosphere. now think about plastic, contaminated ground water, destroyed water tables and then there are the tons of nuclear waste.
solution...fewer people. that'll come about with some sort of pandemic and if that doesn't cull the herd first then we'll reproduce until a world war ensues over resources. we have the ability to think but we choose to not think about what matters

#9 | Posted by ABlock at 2018-03-11 06:46 PM | Reply

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