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Welcome back to our channel, Today we will explored about the astroid mining and how astroid
minings will make you a trillionaire. so before we go thumbs up , hit the subscribe button and press bell
icon.
It has been said that the world's first trillionaires will be the ones who make their fortune in mining...
asteroid mining! Over the years, this eventuality has been predicted by people like famed futurist
Peter Diamandis, astrophysicist Neil deGrasse Tyson, and financial firm Goldmann Sachs.
While the concept has been the stuff of science fiction for decades, it's only in the past few years that
it's come to be viewed as a serious possibility. This had led to the creation of asteroid mining firms and
the passage of legislation that recognizes the right of companies to prospect, claim, and extract
space-based resources.
With multiple companies now emerging for the express purpose of asteroid prospecting, exploration,
and mining, it is clear that the idea is moving from the realm of science fiction into the world of
science fact.
What are Asteroids?
In order to answer that question, a little refresher on the history of the Solar System seems in order.
Roughly 4.6 billion years ago, our Sun formed from a nebula of gas and dust that experienced
gravitational collapse at the center.
According to one common model, having consumed most of the material from the solar nebula, the
rest of the gas and dust formed into a large, flat disk around the Sun's equator - a circumsolar
accretion disk. Over the next few eons, this disk gradually condensed in place to form the planets.
Asteroids, according to our current astronomical models, are the material leftover from the formation
of the Solar System. In this respect, asteroids and planets like Earth formed from the same starting
materials.
On Earth, gravity pulled most of the heavier elements (like iron and nickel) into the core during the
Achean Eon - roughly three and a half billion years ago. This process left the crust depleted of much
of its heavy metals and heavier elements.
Why mine asteroids?
The argument in favor of asteroid mining is simple: within the Solar System, there are countless bodies
that could contain a wealth of minerals, ores, and volatile elements that are essential to Earth's
economy.
Asteroids, as we saw above, are believed to be the material left over from the formation of the Solar
System. As such, many asteroids are thought to have compositions that are similar to that of Earth
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and the other rocky planets (Mercury, Venus, and Mars).
All told, there are thought to be more than 150 million asteroids in the inner Solar System alone, and
that's only the ones that measure 100 meters (330 ft) or more in diameter.
These can be divided into three main groups: C-type, S-type, and M-type, which correspond to
asteroids composed, respectively, largely of clay and silicates, silicates and nickel-iron, and metals.
About 75% fall into the category of C-type; S-types account for 17%; while M-type and other types make
up the remainder.
These latter two groups are thought to contain abundant minerals, including gold, platinum, cobalt,
zinc, tin, lead, indium, silver, copper, iron, and various rare-Earth metals. For millennia, these metals
have been mined from the Earth's crust and have been essential to economic and technological
progress.
In addition, there are thought to be many asteroids and comets that contain water ice and other
volatiles (ammonia, methane, etc.). Water ice could be harvested to satisfy a growing demand for
freshwater on Earth, for everything from drinking to irrigation and sanitation.
Volatile materials could also be used as a source of chemical propellant like hydrazine, thus
facilitating further exploration and mining ventures. In fact, Planetary Resources indicates that there
are roughly 2.2 trillion US tons (2 trillion metric tons) of water ice in the Solar System.
Of course, this raises the obvious question: wouldn't it be really expensive to do all this mining? Why
not simply continue to rely on Earth for sources of precious metals and resources and simply learn to
use them better?
Before asteroid mining can begin, there is the necessity of "asteroid prospecting." In short, asteroids
will first need to be identified, cataloged, and assessed for the value of their minerals and resources.
In 2012, NASA commissioned a project called Robotic Asteroid Prospector (RAP), intended to assess the
feasibility of asteroid mining. They identified four different classes of asteroid mission that would be
possible using conventional technology (or what is already in the process of being developed).
Methods.
These included prospecting, mining/retrieval, processing, and transportation. Prospecting, the logical
first step, involves studying and identifying asteroids that could provide good economic returns.
The next step, actually mining the asteroids, would require that a considerable amount of
infrastructure be built in Low Earth Orbit (LEO) and beyond to support operations.
For starters, a fleet of mining robots and haulers would need to be built, capable of extracting ore and
resources from Near-Earth Objects (NEOs) and hauling them back to Earth.
The most cost-effective way to do this would likely be to build them in space, which could occur on
assembly platforms where automated robots could construct and repair mining and transportation
vessels.
A series of orbital platforms where vessels can dock, offload ores and other resources, and refuel,
would also be needed. Once mining operations extend beyond NEOs, these platforms would need to
be built further out as well.
Eventually, such platforms would probably need to be set up in orbits around the Moon, Mars, and in
the Asteroid Belt, or wherever mining operations are taking place. It would also be wise to build
foundries wherever the mining is taking place so that minerals can be processed in space.
Once the prospecting is finished and the infrastructure created, the process of mining can begin.
There are several possible techniques that can be used, ranging from the more basic to the highly
futuristic.
These include surface mining, where minerals could be removed by a spacecraft using scoops, nets,
and augurs. Shaft mining is another possibility, where spacecraft equipped with drills bore into
asteroids to extract the materials within.
Another idea is to capture asteroids in nets and then tow them closer to Earth. Once in Lunar or low-
Earth orbit (LEO), they could be mined by smaller, extractor spacecraft, which would then transport the
resources to orbiting platforms.
Steam-propulsion is another method that has been proposed for asteroid mining. In this case,
robotic spacecraft would harvest the oxygen in water ice to manufacture propellant, giving them a
degree of self-sufficiency and the theoretical ability to mine indefinitely.
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Applying heat to asteroids and then collecting the ores or ices as they melt away is another possible
method, as is chemical disassociation. At the higher end of the technology tree, there's the process of
using self-replicating robots to harvest resources.
Deep Space Industries:
Deep Space Industries (DSI) was founded in 2013 by a group of entrepreneurs and scientists that
included entrepreneurs and investors Rick N. Tumlinson and David Gump. They were joined by John C.
Mankins, a former NASA engineer, and Bryan Versteeg - a conceptual artist and [Link] 2013
and 2018, the company raised $3.5 million, which was supplemented by a few government contracts.
However, they still managed to research a series of cost-cutting space technologies and developed a
conceptual framework for a fleet of spacecraft.
On Jan. 1st 2019, the company was acquired by Bradford Space, Inc., a multinational aerospace
corporation dedicated to deep space exploration, water-based propulsion, space station facilities,
and attitude control systems.

Matched Sources :

Forecasts and analytics — Space expansion

nasa/jpl-caltech it has been said that the world’s first trillionaires will be the ones who
make their fortune in mining… asteroid mining!the beginnings of space civilization in th
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e expansion.

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Asteroid Mining to Shape the Future of Our Wealth | IE

 · Over the years, this eventuality has been predicted by people like famed futurist Pete
r Diamandis, astrophysicist Neil deGrasse Tyson, and financial firm Goldmann Sachs. 69%
[Link] (htt
ps://[Link]/asteroid-mining-to-shape-the-future-of-our-wealth)

Asteroid Mining The Future Of Wealth | SpaceGold

According to one common model, having consumed most of the material from the sol
ar nebula, the rest of the gas and dust formed into a large, flat disk around the Sun’s e
quator – a circumsolar accretion disk. Over the next few eons, this disk gradually cond
ensed in place to form the planets. Bennu and other asteroids. Source: NASA. Asteroids,
27%
according to our current astronomical models, are the material …

[Link] ([Link]
nline/asteroid-mining-the-future-of-wealth-who-is/)

Technologies Which Will Transform Mining Industry! | Medium

at the higher end of the technology tree, there’s the process of using self-replicating ro
bots to harvest resources. 3. copper-eating [Link] of the captured data will
further help in exploration, mine scheduling, planning and targeting of drill holes, and s
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