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Campfire 'Bwana
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Campfire 'Bwana
Joined: Sep 2011
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Dutch, the problem is that we'd have to spend trillions to get stuff back that by virtue of gross over-supply would then be next to worthless. That quadtrillions estimate is what it would be worth at our current prices - which are set by rarity.
Look at aluminum for example. In the middle ages, it was so hard to extract that it actually worth more than gold by weight. Today, it is so abundant that it is one of the cheapest metals out there. Rocky, it is a grand plan to populate all those planets with TDS infected liberals. They need raw materials to build the infrastructure. And the leftovers can be used for a Death Star, right? Any space program without a Death Star isn't worth its weight in asteroid iron/nickel ore.
The desert is a true treasure for him who seeks refuge from men and the evil of men.
In it is contentment
In it is death and all you seek
(Quoted from "The Bleeding of the Stone" Ibrahim Al-Koni)
member of the cabal of dysfunctional squirrels?
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Joined: Jun 2004
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I don't get why they use the term "$10,000 quadrillion" instead of 10 quintillion.
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Campfire 'Bwana
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Campfire 'Bwana
Joined: May 2003
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That's because you are smarter than the article's author, good sir.
Cleverly disguised as a responsible adult.
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Joined: Mar 2002
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The article is total BS.
The only purpose of NASA, aside from the few useful people at JPL in Pasadena who do the unmanned science missions, is to keep about 30,000 bureaucrats in Houston employed at make work.
Don't blame me. I voted for Trump.
Democrats would burn this country to the ground, if they could rule over the ashes.
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Joined: Jan 2002
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OP
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Dutch, the problem is that we'd have to spend trillions to get stuff back that by virtue of gross over-supply would then be next to worthless. That quadtrillions estimate is what it would be worth at our current prices - which are set by rarity.
Look at aluminum for example. In the middle ages, it was so hard to extract that it actually worth more than gold by weight. Today, it is so abundant that it is one of the cheapest metals out there. Ok, you want to discuss this seriously? LOL. OK, Engineer v economist...., battle of the nerds.... The Value of the asteroid is actually much HIGHER than estimated because of its location. Iron and nickel on earth would have to be lifted to high earth orbit before it can me used for space applications. It takes, what, 50 lbs of fuel to lift one pound to high earth orbit? Thus, since this asteroid is ALREADY in space, the value of a pound of iron or nickel there is higher by at least the cost of 50 lbs of fuel.......
Sic Semper Tyrannis
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Joined: Sep 2011
Posts: 44,934
Campfire 'Bwana
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Campfire 'Bwana
Joined: Sep 2011
Posts: 44,934 |
Dutch, the problem is that we'd have to spend trillions to get stuff back that by virtue of gross over-supply would then be next to worthless. That quadtrillions estimate is what it would be worth at our current prices - which are set by rarity.
Look at aluminum for example. In the middle ages, it was so hard to extract that it actually worth more than gold by weight. Today, it is so abundant that it is one of the cheapest metals out there. Ok, you want to discuss this seriously? LOL. OK, Engineer v economist...., battle of the nerds.... The Value of the asteroid is actually much HIGHER than estimated because of its location. Iron and nickel on earth would have to be lifted to high earth orbit before it can me used for space applications. It takes, what, 50 lbs of fuel to lift one pound to high earth orbit? Thus, since this asteroid is ALREADY in space, the value of a pound of iron or nickel there is higher by at least the cost of 50 lbs of fuel....... Seriously, it's worth WAY more when it's turned into a Death Star.
The desert is a true treasure for him who seeks refuge from men and the evil of men.
In it is contentment
In it is death and all you seek
(Quoted from "The Bleeding of the Stone" Ibrahim Al-Koni)
member of the cabal of dysfunctional squirrels?
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Joined: Apr 2001
Posts: 6,240
Campfire Tracker
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Campfire Tracker
Joined: Apr 2001
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Dutch, the problem is that we'd have to spend trillions to get stuff back that by virtue of gross over-supply would then be next to worthless. That quadtrillions estimate is what it would be worth at our current prices - which are set by rarity.
Look at aluminum for example. In the middle ages, it was so hard to extract that it actually worth more than gold by weight. Today, it is so abundant that it is one of the cheapest metals out there. Ok, you want to discuss this seriously? LOL. OK, Engineer v economist...., battle of the nerds.... The Value of the asteroid is actually much HIGHER than estimated because of its location. Iron and nickel on earth would have to be lifted to high earth orbit before it can me used for space applications. It takes, what, 50 lbs of fuel to lift one pound to high earth orbit? Thus, since this asteroid is ALREADY in space, the value of a pound of iron or nickel there is higher by at least the cost of 50 lbs of fuel....... I hope that truth probably lies somewhere in between - in that at some point in the future, whether it be in the next hundred or next thousand years, having a big ole chunk of iron and nickel already outside of a planetary gravity well should come in handy.
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Sounds like a 140 mile wide monolithic bullet. It would way over penetrate.
Progressives are the most open minded, tolerant, and inclusive people on the planet, as long as you agree with everything they say, and do exactly as you're told.
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You guys mis- read the article. Yes, there is a metallic asteroid out there. But since NASA is a govt agency...it will cost 10 quadrillion for the ticket on a Russian vehicle to get there.
Well this is a fine pickle we're in, should'a listened to Joe McCarthy and George Orwell I guess.
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Start a belter colony their to mine it. Just don't let the steal the Nauvoo.
Bb
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Campfire Kahuna
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Campfire Kahuna
Joined: Jan 2006
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Dutch, the problem is that we'd have to spend trillions to get stuff back that by virtue of gross over-supply would then be next to worthless. That quadtrillions estimate is what it would be worth at our current prices - which are set by rarity.
Look at aluminum for example. In the middle ages, it was so hard to extract that it actually worth more than gold by weight. Today, it is so abundant that it is one of the cheapest metals out there. Ok, you want to discuss this seriously? LOL. OK, Engineer v economist...., battle of the nerds.... The Value of the asteroid is actually much HIGHER than estimated because of its location. Iron and nickel on earth would have to be lifted to high earth orbit before it can me used for space applications. It takes, what, 50 lbs of fuel to lift one pound to high earth orbit? Thus, since this asteroid is ALREADY in space, the value of a pound of iron or nickel there is higher by at least the cost of 50 lbs of fuel....... But then you have the cost of getting the Chinese steel factory up there. The steel workers union makes it prohibitive to use an American factory.
“In a time of deceit telling the truth is a revolutionary act.”
― George Orwell
It's not over when you lose. It's over when you quit.
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Campfire 'Bwana
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Campfire 'Bwana
Joined: May 2003
Posts: 31,220 |
This asteroid is not in "high earth orbit." It's orbiting the sun way out beyond Mars. It is made of an unknown amount of iron. Iron is not steel, so you'd have to lift an entire steel factory up there. Making steel (via the Bessemer Process) takes a huge amount of oxygen which is in remarkably short supply in space. Also electricity - ditto. And that's after you've mined it with wholly different but massive machinery, all running on something.
One does not have to be either an engineer or an economist to know that a metallic asteroid a couple hundred million miles in space at its closest is not a practical source of ore. (Read that "at its closest" again. It and Earth orbit the sun. For much of the time it is on the opposite side of the solar system, several times farther than when it is very briefly at its closest.)
Cleverly disguised as a responsible adult.
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Joined: Dec 2002
Posts: 25,828
Campfire Ranger
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Campfire Ranger
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Posts: 25,828 |
Consider the repercussions of removing a huge monolith from the gravitational equilibrium of the asteroid belt, an equilibrium which has been established over several billions of years.
The possibilities are infinite, and could quite well cause ripples throughout the asteroid belt.
Some of which could cause swarms of asteroids to cross Earth Orbit.
Tanguska Event over Los Angeles anyone?
People who choose to brew up their own storms bitch loudest about the rain.
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Campfire Kahuna
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Campfire Kahuna
Joined: Sep 2011
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Whoie, talk about a pie in the sky! 
These premises insured by a Sheltie in Training ,--- and Cooey.o
"May the Good Lord take a likin' to you"
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