Author Topic: The Next Frontier: Space Miners Are the Universe's Future Tycoons  (Read 1716 times)

0 Members and 1 Guest are viewing this topic.

Offline kevindavis007

  • Hero Member
  • *****
  • Posts: 12,411
  • Gender: Male

The next gold rush will be intergalactic.


In 2009, a collection of astronauts, academics, and aerospace industrialists convened to review NASA's present and future plans for manned space flight. Informally dubbed the "Augustine Commission," the more-stuffily named Review of United States Human Space Flight Plans Committee determined that our ultimate goal ought to be nothing less than "to chart a path for human expansion into the solar system."


Considering that Earth's resources are finite and that the well of human desire knows no bottom, a continued future for our species will likely require robust manned spaceflight to leave the planet. But it remains incredibly expensive and logistically complex to see humans break the planet's escape velocity, let alone with any regularity. The ostensibly modern spacecraft of today carry all their fuel with them from the start — a lot of that fuel is required simply to transport other fuel. It's comically inconvenient.


Contemporary spaceflight is impractical by virtue of being unsustainable; it's a pursuit for governmental agencies and rich visionaries. Now an industry with its roots in prehistory is changing that tune, summoning up a modern set of incentives for people to get more intimate with outer space. "Space mining" presents itself as a killer technology for interstellar travel and exploration — the miners are due to inherit the stars as we set their sights beyond our planet to harvest geological resources from the universe itself.


The minerals we pull out of the the ground — whether they're worth money or are useful for some process — have the same composition as the minerals that comprise planets and asteroids. So what good are those minerals doing us out there? A website called Asterank charts the economic feasibility of mining some 600,000 different asteroids for their resources — one 90-foot-wide platinum asteroid is worth a respectable $50 billion on Earth. The incentive is undeniable.


More than turning asteroids into money, however, today's space mining entrepreneurs are intent on turning asteroids into figurative gas stations. The ubiquitous space rocks are commonly home to water ice — or hydrogen and oxygen, the building blocks of rocket fuel.


Deltion Innovations is a Canadian company developing hardcore robotic drills and excavation systems to sell to others for use in outer space. Once a mining operation has successfully harvested ice, CEO Dale Boucher says, "We can break that water ice into its hydrogen and oxygen components by putting a DC voltage into it. This breaks the bonds of water apart, with the hydrogen going to one electrode and the oxygen going to another. This is called electrolysis, and we can use it in space to make fuel."


In its perfect, refined form to come, space mining stands to radically normalize the notion of interstellar travel. With an easily refilled gas tank, future spacecraft will be free of the usual time and planning restrictions. Suddenly the whole galaxy is the scenic route.


Read More: http://www.isn-news.net/2016/12/the-next-frontier-space-miners-are.html
Join The Reagan Caucus: https://reagancaucus.org/

Offline kevindavis007

  • Hero Member
  • *****
  • Posts: 12,411
  • Gender: Male
Re: The Next Frontier: Space Miners Are the Universe's Future Tycoons
« Reply #1 on: December 28, 2016, 01:20:00 am »
Future investment tip..  I missed out in the 90's..


I'll be damned if I miss out on this..



Space Ping!


   @Oceander
   @Sanguine
   @Cripplecreek
   @Freya
   @EC
   @Joe Wooten
   @r9etb
   @Just_Victor
   @montanajoe
   @Ghost Bear
   @Free Vulcan
   @Idaho_Cowboy
   @geronl
   @Scutter
Join The Reagan Caucus: https://reagancaucus.org/

Offline Cripplecreek

  • Hero Member
  • *****
  • Posts: 12,718
  • Gender: Male
  • Constitutional Extremist
Re: The Next Frontier: Space Miners Are the Universe's Future Tycoons
« Reply #2 on: December 28, 2016, 01:37:20 am »
What I wrote on the thread about automation threatening jobs.

One more reason we need to spread beyond the earth. The periods of greatest economic growth are directly tied to the growth of mankind overall.

We naturally look at something like asteroid mining as a spectacularly skilled and specific job and it is only because it isn't common. In 100 years it may be as common as being a construction worker. Still skilled labor but not as out of reach as being an astronaut is today. Society as a whole learns and becomes acclimated to the technology around us.

My great great grandfather was born in the 1870s but by the end of his life in the 1950s he had flown a DC3 or whatever was the common passenger plane of the period. He began his life plowing fields with a horse and an ox and by the end he flew a plane in an era where flight had become common. He was able to do so because the technology was born and evolved around him.

His daughter, my great grandmother was the same way. She saw great technological advances in her lifetime (1900 to 1996) but in the 20 years since her death the tech has advanced so much that it would be alien to her. If I were to travel back to 96 and hand  her my smart phone she would probably use it as a coaster and put a coffee cup on it. However I wouldn't have been much more adept at using the tech then.

Here I am today and I'm completely comfortable with a smart phone or computer and I've never taken a lesson.

geronl

  • Guest
Re: The Next Frontier: Space Miners Are the Universe's Future Tycoons
« Reply #3 on: December 28, 2016, 01:37:36 am »
 :thumbsup:

2049-

The new gold rush...

Offline kevindavis007

  • Hero Member
  • *****
  • Posts: 12,411
  • Gender: Male
Re: The Next Frontier: Space Miners Are the Universe's Future Tycoons
« Reply #4 on: December 28, 2016, 01:50:28 am »
What I wrote on the thread about automation threatening jobs.

One more reason we need to spread beyond the earth. The periods of greatest economic growth are directly tied to the growth of mankind overall.

We naturally look at something like asteroid mining as a spectacularly skilled and specific job and it is only because it isn't common. In 100 years it may be as common as being a construction worker. Still skilled labor but not as out of reach as being an astronaut is today. Society as a whole learns and becomes acclimated to the technology around us.

My great great grandfather was born in the 1870s but by the end of his life in the 1950s he had flown a DC3 or whatever was the common passenger plane of the period. He began his life plowing fields with a horse and an ox and by the end he flew a plane in an era where flight had become common. He was able to do so because the technology was born and evolved around him.

His daughter, my great grandmother was the same way. She saw great technological advances in her lifetime (1900 to 1996) but in the 20 years since her death the tech has advanced so much that it would be alien to her. If I were to travel back to 96 and hand  her my smart phone she would probably use it as a coaster and put a coffee cup on it. However I wouldn't have been much more adept at using the tech then.

Here I am today and I'm completely comfortable with a smart phone or computer and I've never taken a lesson.



We are going to see more and it is going to be non terrestrial.. As for Asteroid mining I hope there is an investment opportunity..
Join The Reagan Caucus: https://reagancaucus.org/

Offline Suppressed

  • Hero Member
  • *****
  • Posts: 12,921
  • Gender: Male
    • Avatar
Re: The Next Frontier: Space Miners Are the Universe's Future Tycoons
« Reply #5 on: December 29, 2016, 05:51:15 pm »
Once a mining operation has successfully harvested ice, CEO Dale Boucher says, "We can break that water ice into its hydrogen and oxygen components by putting a DC voltage into it. This breaks the bonds of water apart, with the hydrogen going to one electrode and the oxygen going to another. This is called electrolysis, and we can use it in space to make fuel."

The problem: getting the energy for that step.  If we assume this will be solar, incoming solar radiation is considerably lower at the asteroid belt.  If "batteries" are charged closer to the sun, then we need better energy storage technology.  And by that point, we might be using different propulsion than requiring electrolysis.

IOW, there are a lot of forks in the road before this one specific vision.
+++++++++
“In the outside world, I'm a simple geologist. But in here .... I am Falcor, Defender of the Alliance” --Randy Marsh

“The most effectual means of being secure against pain is to retire within ourselves, and to suffice for our own happiness.” -- Thomas Jefferson

“He's so dumb he thinks a Mexican border pays rent.” --Foghorn Leghorn

Offline LateForLunch

  • GOTWALMA Get Out of the Way and Leave Me Alone! (Nods to Teebone)
  • Hero Member
  • *****
  • Posts: 1,349
Re: The Next Frontier: Space Miners Are the Universe's Future Tycoons
« Reply #6 on: December 29, 2016, 09:00:56 pm »
There are other than material, fiduciary benefits of focusing on successful spacefaring.

 Buckminster Fuller wrote of Spaceship Earth because he perceived that the administration of a space vessel (or any other form of long-voyaging  vessel) was a perfect model for proper administration of resources.

There is no money needed on a space ship crew. What is needed is provided and what is scarce is rationed.

This goes far beyond the old Marxist credo, "To each according to his need from each according to his ability". It goes beyond politics or economics to basic, simple common sense. The only really sane economic system is one which rewards excellence (meritocracy) and which does not allow excessive or chronic waste of valuable resources (whatever they may be).

Fuller considered one of the greatest enemies of Mankind to be those persons, governments or other entities who put forth and promulgate the notion that there is not enough to go around for everyone to have enough to live a good life - that for some to have, others must by necessity have not.

Fuller's view of the planet as a huge spaceship, in which unified goals should be supported by unified efforts was inspiring (if somewhat idealistic and hypothetical).

Conservatives would be well served to ponder Fuller's message about a Real Wealth-based economy, because such an aspiration captures the imagination and could very well be a valuable bridge between people who feel disenfranchised by capitalism and socialism alike.

A Real Wealth-based economic system does away with the need for middlemen (except for the barest logistic requirements of distribution of resources). And that by nature would exclude both the incentive to be greedy for capitalists and the incentive to be brutally Statist by Marxists.

Gene Roddenberry's mythical Earth Federation is another example of a Real Wealth-based economic system. In his mythology, it arose by necessity for order and efficient resource management in the aftermath of a catastrophic world war.

Author Ursula K. LeGuin also postulated the creation of what she called the Ekumen, which was a very minimalist, multi-planetary governmental apparatus which functioned much the way the modern Dutch government was originally intended to function - as a facilitator and arbitrator for all national (international and planetary) affairs that could not be efficiently/effectively administrated by the private sector. 

Who would disagree that Earth needs an inspiring goal to unify Humanity toward a common purpose? Establishing a Real Wealth-based economy which could do away with the contentiousness between capitalist and socialist goals by eradicating their points of contention (by eliminating the monetary system altogether), seems to me to be a worthy one.

Envisioning the entire population of the planet as a crew of a huge space vessel is a practical and inspiring way to conceive of our real condition.
« Last Edit: December 29, 2016, 09:10:16 pm by LateForLunch »
GOTWALMA Get out of the way and leave me alone! (Nods to General Teebone)

geronl

  • Guest
Re: The Next Frontier: Space Miners Are the Universe's Future Tycoons
« Reply #7 on: December 30, 2016, 05:09:28 pm »
The problem: getting the energy for that step.  If we assume this will be solar, incoming solar radiation is considerably lower at the asteroid belt.  If "batteries" are charged closer to the sun, then we need better energy storage technology.  And by that point, we might be using different propulsion than requiring electrolysis.

IOW, there are a lot of forks in the road before this one specific vision.

The unmanned mining vessel would likely use a nuclear energy source. The first prototype would probably have limited capability

Offline Cripplecreek

  • Hero Member
  • *****
  • Posts: 12,718
  • Gender: Male
  • Constitutional Extremist
Re: The Next Frontier: Space Miners Are the Universe's Future Tycoons
« Reply #8 on: December 30, 2016, 05:14:34 pm »
The unmanned mining vessel would likely use a nuclear energy source. The first prototype would probably have limited capability

One advantage of space is that you're already in a radioactive environment and should be shielded anyway.

Robert Forward proposed tethering a reactor at a safe distance from the space craft for human space flight.

geronl

  • Guest
Re: The Next Frontier: Space Miners Are the Universe's Future Tycoons
« Reply #9 on: December 30, 2016, 05:21:37 pm »
One advantage of space is that you're already in a radioactive environment and should be shielded anyway.

Robert Forward proposed tethering a reactor at a safe distance from the space craft for human space flight.

and when the ship is braking, the reactor will have it's own braking system or will it keep moving and bounce to the ship...

Offline Cripplecreek

  • Hero Member
  • *****
  • Posts: 12,718
  • Gender: Male
  • Constitutional Extremist
Re: The Next Frontier: Space Miners Are the Universe's Future Tycoons
« Reply #10 on: December 30, 2016, 07:12:24 pm »
and when the ship is braking, the reactor will have it's own braking system or will it keep moving and bounce to the ship...

I honestly don't recall. Forward was a legit scientist so I'm sure he had a smart solution. In Saturn Rukh the reactor had nothing to do with propulsion so it could be shut down and reeled in and attached to the ship. The reactor was primarily to provide electricity for mining and refining helium 3 from the atmosphere of Saturn and was cut loose when they launched from Saturn on their way back to earth.

geronl

  • Guest
Re: The Next Frontier: Space Miners Are the Universe's Future Tycoons
« Reply #11 on: December 30, 2016, 07:51:22 pm »
I honestly don't recall. Forward was a legit scientist so I'm sure he had a smart solution. In Saturn Rukh the reactor had nothing to do with propulsion so it could be shut down and reeled in and attached to the ship. The reactor was primarily to provide electricity for mining and refining helium 3 from the atmosphere of Saturn and was cut loose when they launched from Saturn on their way back to earth.

The reactor in that book hung down underneath the part of the ship (the main drive portion was left in higher orbit) that was meant to transit a specific layer of the Saturnian atmosphere, I am sure it would not have been hanging down out in space.

Yes, I really enjoyed that book BTW

Offline Weird Tolkienish Figure

  • Technical
  • *****
  • Posts: 18,167
Re: The Next Frontier: Space Miners Are the Universe's Future Tycoons
« Reply #12 on: December 30, 2016, 08:25:06 pm »
The problem: getting the energy for that step.  If we assume this will be solar, incoming solar radiation is considerably lower at the asteroid belt.  If "batteries" are charged closer to the sun, then we need better energy storage technology.  And by that point, we might be using different propulsion than requiring electrolysis.

IOW, there are a lot of forks in the road before this one specific vision.


There are lots of forks but we have lots of young people who are bright and we can put their minds to work, if we have the courage to do so.