Comment on Asteroid set to come closer to the Earth than the moon Nov. 8parentComments−hugh314yThe sad part is that regardless of whether it's copper or gold, the economics of mining asteroids still doesn't work out.−ericd14yNot yet. Give me a space elevator that gets me to geostationary orbit via electricity, and I think that statement could become untrue (assuming sufficient amount of ore and ease of extraction).−maaku14yNo, it just doesn't work out if you have a naive business model. Think a little bit and you'll find profitable ways to do it.
Comments
The sad part is that regardless of whether it's copper or gold, the economics of mining asteroids still doesn't work out.
Not yet. Give me a space elevator that gets me to geostationary orbit via electricity, and I think that statement could become untrue (assuming sufficient amount of ore and ease of extraction).
No, it just doesn't work out if you have a naive business model. Think a little bit and you'll find profitable ways to do it.