In the early 1990’s I was working on a Ph.D. at LSU and as all grad students I was required to present a “mini-seminar” for lack of a better term. My seminar was on the future tasks of scientists and the example I used was mining asteroids. I would pay a large sum of money for a photograph that captured the looks on everyone’s’ faces. The attendees were civil and suppressed their chuckles, but it was clear they all thought I belonged in a straitjacket with a residence in a nice quiet rubber room. Looks like I may have the last laugh after all.
*+Bret Territo* What the hell? The crew of the _Nostromo_ were asteroid workers in _Alien_ weren't they? And okay, that was a movie but surely it made it pretty obvious to even the most moronic dolt, that asteroid mining was a future potentiality. I don't know what LSU stands for but I'm wondering if it's some creationist university in some weirdo xtian country, or something.
Sue Mead think about the year 1990. Professors usually range from 40s-50s especially back then. These people were most likely born decades before the Apollo missions. I understand their skepticism, but their short sightedness is alarming, imagine if someone had proposed we'd have smartphones in 20 years time, they'd have been laughed off stage
I did a presentation in the late 90's on possible designs and advantages of biological spacecraft based on oversized terrestrial plants, in a Futuristics class. Everyone balked at it and the teacher even did the stereotyped hand wave to end my presentation without wasting another moment of their time. Futurists.
I'm 15 and I understand most of them maybe it's conflicting intuition caused by higher crystalized intelligence & lower fluid intelligence (For learning). If so then you probably have another talent and if not then rip.
"Asteroid miners are gonna have to be careful not to crash the value of those materials with oversupply." Their very goal should be to greatly decrease the value of those materials, especially since they'll have a vast supply available. This way they're gonna sky-rocket progress on all the technological and engineering fields that those materials are needed, resulting to more profit for them and more efficiency for their extraction means. Also, this can lead to outlawing such mines on Earth, which could lead to great environmental and social (eg. decreasing child labor) benefits.
See: Industrial Regenerative Cycle: Metals, Pp. 22-23, World Design Science Decade 1965-1975, Document 1: Inventory of World Resources - Human Trends and Needs www.bfi.org/sites/default/files/attachments/literature_source/wdsd_phase1_doc1_inventory.pdf Materials pp. 92 - 125 Iron and Steel Scrap Industry, pg. 120 www.bfi.org/sites/default/files/attachments/literature_source/wdsd_phase2_doc6_ecol_context.pdf
Vast changes in global supply can be detrimental to entire economies. Inflation is the usual result of flooding the market with valuable material. This is sufficiently different from cost reductions of technology due to maturity, commodity markets are less isolated to particular niches, so tend to affect the costs of more items meaning that inflation is widespread and affects the whole world economy. Hyperinflation is a devastating effect and can make the standard of living decrease. Also platinum prices may plunge close to aluminum, causing space mining to suddenly become unprofitable, etc. Managing the supply is much more preferable, profitable, and intelligent for investors in this type of venture. I'm not sure about the issue of child labor in platinum, gold, and rare earth metal mines. I would have to research further to develop an opinion on this subject... child labor is wrong, but platinum mines are in Russia primarily and I think this practice is not prevalent there any longer... again, I would have to research this to be fully satisfied in this. Mining can be dangerous work, and space mining will also be dangerous. Robotics will be the only way to make any mining safe regardless of where it takes place, and will be the signature of well managed mines in the future, on Earth or in space.
Fun fact, Luxembourg and US have already passed laws regulating asteroid mining. Luxembourg is making a bet on space enterprise, starting with laws regulating it. Think ahead boys.
Before anyone does any mining at all, we need to make sure we have strong tax laws with no loopholes for these companies to exploit. Can't let these already super rich people bring in this kind of extra weath, and allow them to a kid paying any taxes on it the way they avoid paying any on what they make on Earth already. We could fix the national debt, provide free health care for all, and free higher education for everyone if we just made the rich actually pay their proper fair amount of taxes. And before any idiotic right winger comes in trying to say I am calling for socialism, that is not at all what I am saying. I am just saying make them pay the proper amount of tax everyone else does, the same percentage of their income the rest of us pay, nothing more. Don't let them exploit any loop holes, and end up paying not a single dime of taxes of 11 billion dollar of profit like Amazon did last year. Just that, make them pay their fair share. That alone would solve all the money problems of the country, while having enough left over to increase NASA's budget by 10 or 20 times.
Alin Ardelean this “rat race to the bottom” mentality is idiotic and extremely harmful. If if they’re not going to pay taxes anyway why would a country want them in the first place? Bending the knee to the almighty dollar is what’s going to lead to neo feudalism.
What's even more funny is that this video reminded me of an old Warcraft 3 custom map that I used to play where two teams of players piloted a starcraft battle cruiser and you had to mine asteroids to power the weapon systems and beat the opposing team.
I really liked this video! I must say, the names 'Planetary Resources' and 'Deep Space Industries' manage to be both totally awesome and somewhat ominus.
With "youtube-dl", you can download UA-cam videos in whatever formats and bitrates are available. It allows you to select the video and audio streams and, with "ffmpeg", merges them into a container format, such as Matroska. I've downloaded some UA-cam videos in full quality and released them on BitTorrent.
I wouldn't mind crashing the gold market with oversupply. It just means that gold will be dirt cheap which will lower the price of products that use it; superconductors and the like.
crashing the economy is bad, and it is best if you give the people who do trad. gold recovery and refinement some time to adapt/close down shop and leave without bankrupting them overnight.
Jack Vernian - people used to spend more than half their income on food, was crashing that market bad? hell no, cheap food is one of the best things that ever happened. Making all these materials dirt cheap will do nothing but good.
+ItsColour you take out all major food suppliers out of business, and the one who crashed the prices cannot keep up with demand. See the problem yet? I'm not saying you SHOULDN'T make it dirt cheap, all I'm saying you should be careful with the way you do it.
A well said, simple explanation of near-future asteroid mining. Thank you for just sticking to the facts. I'm looking forward to seeing more of your videos.
Ha ha no... Earth may have almost been destroyed by a “dead” girl who became part of a sentient virus that was controlling Eros Also, what happened to the search party that went to Venus and went into the station? Did they die?
When I saw the title of this video, „The Expanse“ started flashing in my head. I'm glad it was actually mentioned. That's what's makes this show beyond amazing. You can almost see us getting there. I'm pretty sure I'm not the only one noticing „wrong“ periodic table. Couple of those superheavy transurans already have their name. Sure, It really doesn't matter, it's not like you can get them (or if so, live long enough so you could appretiate the beuaty of superheavy transurans), but still. Besides starting asteroid mining, I hope we get to the island of stability.
Gigzur it starts with astroids And in about 2 thousand years its planet cracking. And then we'll find weird alien structures turning us into undead monstrocities
I'm a citizen of Luxembourg, and what I can say is that we need those minerals to invade the rest of the world, we're working on the population problem, last year we reached the record level of 1.000.000 inhabitants, haha watch out the world here we come. Moien vu Lëtzebuerg zu PBS Space Time.
This is the future if we are to have a future. I would love to see, eventually, most industry carried out in space & to try to turn Earth into our haven & 'home', even if some of us live for a time in space.
Well if we would be able to remove greed from everyones heart we could do it in the next 50 years. With greed itll take 1-200 at bare minimum...if we dont wax ourselfs with ai singularity first xD
"A future of vast wealth inequality....great" Capitalism solved poverty and made food available to everyone. So now communists whine about people having more money than they do.
"yeah the rich getting richer," Oh no, however will I survive that? "stealing from the poor and giving to the rich like Trump does" Stealing what? Rent? "oil, gold, diamonds, and other resources stole from places like Africa around the world," Are you aware that diamonds are so common as to be worthless? Also funny that you conflate purchasing with theft. As if those countries didn't get anything out of the deal. As for your last point, that's an assertion. We know nothing about alien life, let alone what political system they would use. And in _The Day The Earth Stood Still,_ an alien threatens to kill us all because we might kill us all. I'd say that alien was a _moron,_ not some benevolent and wise figure to be admired.
Seems to me that messing around in the asteroid belt is just going to upset a millions of year old finely tuned balance into what could be a chaos like billiard balls on the first break of a game.
The price crash of currently rare materials could be a problem on the short term, but on the flip side we won't have to bother anymore about "price" when choosing the best material to build something. Economic theories might be forced to change, since in a couple of decades the principle of scarcity could no longer apply to anything material. I guess we're way more prepared on the engineering aspect than in all the others combined. Lots of food for thought, and daydream :)
for real though I like every video because I genuinely like it. and others I don't. it almost seems like liking a video doesn't do shit for the algorithm, which is ridiculous.
Tune into "Ice Rock" for riveting tales of gallant, fearless asteroid miners and their beautiful space maidens clinging to their sweaty, bulging, fearless biceps...
Keep in mind that during atmospheric re-entry, the atmosphere slows the objects down by turning the excess kinetic energy into heat. If importation of materials from asteroids to Earth increases as is often forecasted, we may be turning the sky into a giant broiler. Mining in space will need a market in space where the products would have a pricing advantage over material launched from Earth. Mining asteroids for a market on Earth would ultimately be self defeating.
In fact, to make it profitable it won't even be necessary to bring all the resources back to Earth. Eventually a good part of civilization and the economy itself will be moved to space.
Míralos, vienen a este lugar cuando saben que no son puros. Tenno usa las llaves, pero son meros intrusos. Solo yo, Vor, conozco el verdadero poder del Vacío. Fui cortado por la mitad, destruido, pero a través de Janus Key, el Vacío me llamó. Me trajo aquí y aquí renací. No podemos culpar a estas criaturas, están siendo guiadas por un falso profeta, un impostor que no conoce los secretos del Vacío. Mira el Tenno, ven a saquear y profanar este reino sagrado. Mis hermanos, ¿no dije nada de este día? ¿No profeticé este momento? Ahora, los detendré. Ahora estoy cambiado, renacido a través de la energía de la Llave de Janus. Siempre ligado al Vacío. Que se sepa, si los Tenno quieren la verdadera salvación, dejarán las armas y esperarán el bautismo de mi llave de Janus. Es hora. Enseñaré a estos intrusos el poder redentor de mi llave Janus. Aprenderán que es simple verdad. Los Tenno están perdidos, y se resistirán. Pero yo, Vor, limpiaré este lugar de su impureza.
+TheExplorer What are you talking about? I'm talking about things that are going to be happening in the next 20-30 years. I don't know about you, but I'm only 30. I've got all the time in the world to invest in this now and retire on it right when it explodes.
All I could think about the whole episode is how I have the exact same t-shirt. Love pbs spacetime, though! But still, the discussion on mining asteroids really... Rocks. Pun definitely intended.
This is definitely going to be a thing. But, I think the real money maker will be in supplying other colonies and projects outside of earth where it costs astronomically as much to launch it to them from earth. Earth would only get the rarest of elements. At least until we have a massive space mining machine. And, at that point, we might not want that.
Although the rare earth elements and precious metals would be the main prize from mining asteroids, simple silicates in the regolith could be turned into something similar to glass-crystal-quartz that would be capable of holding atmosphere, with light passing through. We could be farming in space, and generating oxygen.
I found myself thinking of Doc Smith’s Lensman books with the hero going deep undercover as an asteroid miner. Then the mention of Luxembourg made me think of Wibberley’s The Mouse that Roared and The Mouse on the Moon
6:51 ... eve online :3 ..care to show how that mining ends usually in that game ? Anyway, if i lock your ship and disrupt your engines pay up with two ( 2 ) episodes next week or i'll fire my autocannons ;)
I have an idea for another space industry: spaceships that travel very fast relative to earth, thus sending people into the future where hopefully, all diseases have been cured and people live forever.
Am I the only one remembering "Bring Down The Sky", the Mass Effect DLC where an asteroid destined to be mined was diverted by batarian terrorists? Can't we wait for Shepard's birth before playing with space rocks? :-)
You can claim anything in space until someone realizes: which law, which state, which "police" protects that claim? Years ago there were some con artists scamming people with properties on the Moon, so whatever. It's not realistic unless states are involved with actual political claims and enforcement. And making war in space seems unfeasible.
You can own resources from space. Just not a whole object. No law in grinding a object into dust. So yes. You could own A whole object once it had been turned into raw materials.
This is why we'll eventually need a new United Nations/Earth govt for the efficient colonisation of the Solar System. America (or any other country) has no jurisdiction or authority in space. Hence why the Orange Turd's Space Balls Force is so fucking retarded (much like his supporters).
I've seen a lot of talk about mining asteroids and so far, no one has said how they will get all that precious metal back to earth. Getting off the planet is hard enough, getting things back down without melting of on its way throuh the atmosphere is another thing entirely.
How about mining on the moon? Would that be profitable or is there just not enough precious materials on the surface? I guess it would have gone through the same process as the earth and heavy elements have "sunk" to the core.
"The Expanse" is an intriguing science fiction series which illustrates a possible future which includes colonization of Mars and the Asteroid Belt. The settlers of the Asteroid Belt perform mining operations. It originally aired on the Syfy channel which cancelled the show (not sure why). It was saved by Amazon.com after Jeff Bezos took an interest in it. It's a great show. It's both entertaining and thought provoking. There are many logistical problems which would have to be overcome. Consider the effects of massive over mining after an extended time period. Moving large amounts of mass from the belt's orbit to Earth or Mars would result in a disturbance of the orbits of the two aforementioned planets along with other planetary bodies. Redistributing the mass' location in the orbital plane would alter orbits of everything else in our star system. The resulting changes in the angular momentums of asteroids, planets and their satellites could result in catastrophic collisions. Check out the original 2 dimensional game called Asteroids that was distributed by Atari. It has nothing to do with mining Asteroids however it does illustrate the effects of altering asteroid trajectories and it's fun to play. Excellent video BTW. Enjoyed it very much.
I fully support space mining, because having a space industry is one step closer to creating an orbital ring to make entering and leaving the planet cost viable.
Using water as rocket fuel in space is a poor choice. Oxyhydrogen rockets are useful right now because of their high specific impulse for chemical rockets and high TTW. However, above LEO, specific impulse becomes much more important and solar powered propulsion becomes king. Electric arcjet thrusters using the most abundant and least valuable elements as reaction mass becomes much more practical. And in situations that require high TTW ratios such as capture burns, thermite SRBs or oxygen-metal hybrid rockets could do the job. The hydrogen may be too useful to burn as fuel.
Fourth Root Eh, acceleration from electric thrusters is so low, it may not be viable from an ROI perspective. Also, you need Xenon, a comparatively rarer material.
Wouldn't it be easier to mine the Earth first .. then the Moon second??!! Considering it costs your weight in gold just to get in space nevermind to some object flying through space at 40K MPH.
Some pragmatism finally! But the moon is as international as Antarctica and so is in principle everything in outer space. Have you ever heard of any mining project in Antarctica? There's a reason for that, I'm sure, and lack of minerals is not it.
He mention why not in the video, but basically, the earth and moon are huge, so the majority of heavy elements are concentrated in the middle. We have no technology right now that would allow us to mine materials from planets or moons. Asteroids have the majority of their heavy materials in their core as well, but because they’re much, much smaller, it’s easier/cheaper to get to them.
Luis Aldamiz The Moon Treaty doesn't mention anything about mining being prohibited. Logistically it makes a lot more sense to mine from the moon in addition if it's Humans doing the mining gravity is a plus. Not to mention the water resources available. While I heard mention of robotics, I also know the failure rate in these harsh conditions. Also there have been a ton of asteroids that collided on the surface of the Moon. As soon as someone brings back 50 tons of gold I easily suspect it won't be worth a fraction.
But the moon is much lighter than Earth, so a lot of those materials should be relatively close to the surface. The Moon is also very close to Earth compared to asteroids, with predictable cycles and a reasonable amount of gravity so stuff does not go around and gets lost in the cold vastness of empty space easily. Just like there are mineral deposits in Earth's crust, they should also be in the Moon, which is basically a mini-Earth, geologically speaking, a chunk of Earth floating out there with pleasant predictability. IMO the Moon would be much more feasible and operations there could also multitask for other purposes: intermediate port for other space exploration (asteroid mining included), tourist destination, etc. It's rumored that China already has a base there or is planning one for the near future, not surprising because it makes all sense and Chinese tend to be very pragmatic people (Westerners tend to drama instead, epic included, but also tragedy and sometimes unwilling comedy).
Asteroid mining will need to be regulated. The last thing we need is a mining company accidentally CAUSING an extinction-level event with an asteroid. You can't spend your money if all the shopkeepers are dead.
SeamusDonohueEVE Agree somewhat but I'd rather that state owned entities were the ones doing the mining and not private enterprise. Or if it is private then it's heavily taxed so that ordinary people can benefit from the massive profits asteroid mining will generate.
I agree that it should be regulated, but not for the same reasons. Honestly the chances of "accidentally" nudging an asteroid onto a collision course with Earth are so miniscule it's not worth talking about. Even the Moon, which is relatively close and far larger than an asteroid, covers only 0.000531% of the entire sky. The point is, distances in space are far, far larger than we usually imagine, which makes such accidental collisions quite unlikely.
Without an active hydro cycle or tectonic activity, shouldn't the moon Regolith be an easily shiftable material to pull valuable metals from? Impacts should have seeded it with valuable metals just as they did the Earth.
In the early 1990’s I was working on a Ph.D. at LSU and as all grad students I was required to present a “mini-seminar” for lack of a better term. My seminar was on the future tasks of scientists and the example I used was mining asteroids.
I would pay a large sum of money for a photograph that captured the looks on everyone’s’ faces. The attendees were civil and suppressed their chuckles, but it was clear they all thought I belonged in a straitjacket with a residence in a nice quiet rubber room.
Looks like I may have the last laugh after all.
That was an odd audience you had there.
Bret Territo you sir are a visionary. Top of the class or at least go home early
*+Bret Territo*
What the hell? The crew of the _Nostromo_ were asteroid workers in _Alien_ weren't they? And okay, that was a movie but surely it made it pretty obvious to even the most moronic dolt, that asteroid mining was a future potentiality. I don't know what LSU stands for but I'm wondering if it's some creationist university in some weirdo xtian country, or something.
Sue Mead think about the year 1990. Professors usually range from 40s-50s especially back then. These people were most likely born decades before the Apollo missions. I understand their skepticism, but their short sightedness is alarming, imagine if someone had proposed we'd have smartphones in 20 years time, they'd have been laughed off stage
I did a presentation in the late 90's on possible designs and advantages of biological spacecraft based on oversized terrestrial plants, in a Futuristics class. Everyone balked at it and the teacher even did the stereotyped hand wave to end my presentation without wasting another moment of their time. Futurists.
Finally! An episode that I understand 😂
REDIXIT - Roblox so true
Agree🤣🤣
I'm 15 and I understand most of them maybe it's conflicting intuition caused by higher crystalized intelligence & lower fluid intelligence (For learning). If so then you probably have another talent and if not then rip.
@@gypashinobi8513 u think u r smart im 12 and understands all the vids from quantum physics to cosmology
@@gypashinobi8513 wow
Luxemburg gets it.
and so the great interplanetary empire of luxemburg built a massive fleet and returned to conqueror the entire planet...
right and my shoe starts to grazzing flowers
Obama apparently got this, too.
Luxemburg Interplanetary Empire sounds a badass sci-fi faction.
Luxembourg
"Asteroid miners are gonna have to be careful not to crash the value of those materials with oversupply."
Their very goal should be to greatly decrease the value of those materials, especially since they'll have a vast supply available. This way they're gonna sky-rocket progress on all the technological and engineering fields that those materials are needed, resulting to more profit for them and more efficiency for their extraction means. Also, this can lead to outlawing such mines on Earth, which could lead to great environmental and social (eg. decreasing child labor) benefits.
See: Industrial Regenerative Cycle: Metals, Pp. 22-23, World Design Science Decade 1965-1975, Document 1: Inventory of World Resources - Human Trends and Needs
www.bfi.org/sites/default/files/attachments/literature_source/wdsd_phase1_doc1_inventory.pdf
Materials pp. 92 - 125
Iron and Steel Scrap Industry, pg. 120
www.bfi.org/sites/default/files/attachments/literature_source/wdsd_phase2_doc6_ecol_context.pdf
We'll need to have ubi at that point.
Vast changes in global supply can be detrimental to entire economies. Inflation is the usual result of flooding the market with valuable material. This is sufficiently different from cost reductions of technology due to maturity, commodity markets are less isolated to particular niches, so tend to affect the costs of more items meaning that inflation is widespread and affects the whole world economy. Hyperinflation is a devastating effect and can make the standard of living decrease. Also platinum prices may plunge close to aluminum, causing space mining to suddenly become unprofitable, etc. Managing the supply is much more preferable, profitable, and intelligent for investors in this type of venture. I'm not sure about the issue of child labor in platinum, gold, and rare earth metal mines. I would have to research further to develop an opinion on this subject... child labor is wrong, but platinum mines are in Russia primarily and I think this practice is not prevalent there any longer... again, I would have to research this to be fully satisfied in this. Mining can be dangerous work, and space mining will also be dangerous. Robotics will be the only way to make any mining safe regardless of where it takes place, and will be the signature of well managed mines in the future, on Earth or in space.
@N E exactly
Your parents must be so proud of you!
Fun fact, Luxembourg and US have already passed laws regulating asteroid mining. Luxembourg is making a bet on space enterprise, starting with laws regulating it. Think ahead boys.
Before anyone does any mining at all, we need to make sure we have strong tax laws with no loopholes for these companies to exploit. Can't let these already super rich people bring in this kind of extra weath, and allow them to a kid paying any taxes on it the way they avoid paying any on what they make on Earth already. We could fix the national debt, provide free health care for all, and free higher education for everyone if we just made the rich actually pay their proper fair amount of taxes. And before any idiotic right winger comes in trying to say I am calling for socialism, that is not at all what I am saying. I am just saying make them pay the proper amount of tax everyone else does, the same percentage of their income the rest of us pay, nothing more. Don't let them exploit any loop holes, and end up paying not a single dime of taxes of 11 billion dollar of profit like Amazon did last year. Just that, make them pay their fair share. That alone would solve all the money problems of the country, while having enough left over to increase NASA's budget by 10 or 20 times.
Alin Ardelean this “rat race to the bottom” mentality is idiotic and extremely harmful. If if they’re not going to pay taxes anyway why would a country want them in the first place? Bending the knee to the almighty dollar is what’s going to lead to neo feudalism.
"once The Enterprise is demonstrated to be profitable..."
Sometimes it really matters where the capital letters are.
Asteroids are flat. #FlatAsteroidSociety
:))))))))
Are they electric too?
No, but they do resonate with a flat frequency and summon lizard people from Nibiru via the spiritual plane, which is also flat.
LOL
Flatspiritualplanesociety anyone? ;D
6:07 - Seeing a Warcraft III gold mine on an asteroid made my morning. xD
:DDDDDDDDDDDDDD finally.. meh i thought comment section would be full of such coments
Funny thing is that I thought about playing Warcraft III at that very moment and then I saw this
What's even more funny is that this video reminded me of an old Warcraft 3 custom map that I used to play where two teams of players piloted a starcraft battle cruiser and you had to mine asteroids to power the weapon systems and beat the opposing team.
Which faction will be mining the asteroids?
@@Xperim If US congress doesn't allow the gravity tractor, it will probably be China
you're my only constant in an ever changing world
stay as you are Space Time + Matt
What about Isaac Arthur, his uploads are also very consistent.
These inners talking 'bout the belt like they know anything about it #Beltalowda
Da belt is fo da BELTALOWDA!
Pipe down skinnies
Whatever we do. Let's leave phoebe alone.
I really liked this video!
I must say, the names 'Planetary Resources' and 'Deep Space Industries' manage to be both totally awesome and somewhat ominus.
Ironic, both companies went kaput shortly after this video was released.
Not that itmatters in the least, try ominous.
2:05
RIP Compression algorithm.
Billy W yeah don’t know why UA-cam does not increase the bit rate for viewers who have gobs of bandwidth available
With "youtube-dl", you can download UA-cam videos in whatever formats and bitrates are available. It allows you to select the video and audio streams and, with "ffmpeg", merges them into a container format, such as Matroska.
I've downloaded some UA-cam videos in full quality and released them on BitTorrent.
So many fellow Expanse fans here! Tycho station and Nauvoo/Behemoth at 11:55 :)
I wouldn't mind crashing the gold market with oversupply. It just means that gold will be dirt cheap which will lower the price of products that use it; superconductors and the like.
crashing the economy is bad, and it is best if you give the people who do trad. gold recovery and refinement some time to adapt/close down shop and leave without bankrupting them overnight.
oh! so you DO care. interesting. China may have a different opinion :)
Jack Vernian - people used to spend more than half their income on food, was crashing that market bad? hell no, cheap food is one of the best things that ever happened. Making all these materials dirt cheap will do nothing but good.
+ItsColour
you take out all major food suppliers out of business, and the one who crashed the prices cannot keep up with demand. See the problem yet?
I'm not saying you SHOULDN'T make it dirt cheap, all I'm saying you should be careful with the way you do it.
Jack Vernian - that makes no sense, the major suppliers would not be out of business if demand is not being met, they would still have a market...
Luxembourg world conquest, calling it now.
In my third year of aerospace engineering, hopefully I’ll be able to contribute soon
A well said, simple explanation of near-future asteroid mining. Thank you for just sticking to the facts. I'm looking forward to seeing more of your videos.
Better watch out for those Eros incidents
I knew someone will post this.
No problem, I'll just call up the MCRN and turn anything that even *looks* glowing blue into glowing nothing
Ha ha no... Earth may have almost been destroyed by a “dead” girl who became part of a sentient virus that was controlling Eros
Also, what happened to the search party that went to Venus and went into the station? Did they die?
Sean Moonshine and the Anubis (I think...) crew also got wrecked...
When I saw the title of this video, „The Expanse“ started flashing in my head. I'm glad it was actually mentioned. That's what's makes this show beyond amazing. You can almost see us getting there.
I'm pretty sure I'm not the only one noticing „wrong“ periodic table. Couple of those superheavy transurans already have their name. Sure, It really doesn't matter, it's not like you can get them (or if so, live long enough so you could appretiate the beuaty of superheavy transurans), but still.
Besides starting asteroid mining, I hope we get to the island of stability.
I've played enough Dead Space to know where this is going...
They were doing planet cracking. That is a few steps up from asteroid mining.
Gigzur it starts with astroids
And in about 2 thousand years its planet cracking.
And then we'll find weird alien structures turning us into undead monstrocities
ahhaaha :D
My thought exactly:p
Canceled?
I study in Luxembourg, and coincidentally, (or not) tomorrow is the "Asteroid Day" here... ! Is it every where? Asteroids! Yeaayy!
Can't stop the work! #TheExpanse
maxidejf SPIN THE DRUM! SPIN THE DRUM!
James Haywood Give me a wide beam! I wanna talk to all ships in this infernal place!
Earth must cum first!!!
I like this channel because when I repeat this stuff to my friends their like damn dude how'd you get so smart
10:15
The Expanse season 30. LOL
ayy lmao
I'm a citizen of Luxembourg, and what I can say is that we need those minerals to invade the rest of the world, we're working on the population problem, last year we reached the record level of 1.000.000 inhabitants, haha watch out the world here we come. Moien vu Lëtzebuerg zu PBS Space Time.
This is the future if we are to have a future. I would love to see, eventually, most industry carried out in space & to try to turn Earth into our haven & 'home', even if some of us live for a time in space.
phxbillcee i believe a kugelblitz powered warp engine is the future, but this is apples to oranges in oppinion ;)
Miklós Pál Márton Molnár The day humanity creates an artificial black hole is the day I leave the Solar System and don't look back.
Well if we would be able to remove greed from everyones heart we could do it in the next 50 years.
With greed itll take 1-200 at bare minimum...if we dont wax ourselfs with ai singularity first xD
"A future of vast wealth inequality....great"
Capitalism solved poverty and made food available to everyone. So now communists whine about people having more money than they do.
"yeah the rich getting richer," Oh no, however will I survive that?
"stealing from the poor and giving to the rich like Trump does" Stealing what? Rent?
"oil, gold, diamonds, and other resources stole from places like Africa around the world," Are you aware that diamonds are so common as to be worthless? Also funny that you conflate purchasing with theft. As if those countries didn't get anything out of the deal.
As for your last point, that's an assertion. We know nothing about alien life, let alone what political system they would use. And in _The Day The Earth Stood Still,_ an alien threatens to kill us all because we might kill us all. I'd say that alien was a _moron,_ not some benevolent and wise figure to be admired.
Seems to me that messing around in the asteroid belt is just going to upset a millions of year old finely tuned balance into what could be a chaos like billiard balls on the first break of a game.
The price crash of currently rare materials could be a problem on the short term, but on the flip side we won't have to bother anymore about "price" when choosing the best material to build something.
Economic theories might be forced to change, since in a couple of decades the principle of scarcity could no longer apply to anything material.
I guess we're way more prepared on the engineering aspect than in all the others combined. Lots of food for thought, and daydream :)
Yet another good vid from PBS Space Time, public money put to good use. Thank you for the good content!
Did you get a new editor? so many delicious videogame references
I liked the Warcraft 3 gold mine. "Build more farms!"
That gold mine won me over again..
Thanks for the episode! This topic is super interesting
The work MUST continue
Matic Golob zug zug
The writers and directors for this channel.......thank you so much!
Prospector Bender made my day.
...At least, until you realize it's a front to "kill all humans" by asteroid collision.
Bringing asteroids back to Earth will crash the market of whatever the asteroid is made of. Mine ‘em in space and take the stuff to our next home!
How this comment has no attention at all. 😕
you know space related stuff is hard by the fact that there a bunch of precious stuff in the asteroids but people don't rush to pillage them..
I’m loving the 3D geometry animations behind the physicists photos
What's the term for intentianally adding mass to the earth? Un-mining?
watch the expanse live tonight!!!
#SpinTheDrum
Bombing
Earth loses millions of tons of mass to space every year. Bringing a few hundred or thousand tons back doesn't make a dent.
Upcycle Electronics No, bombing is to pick up weird rocks, make them in to weirder rocks and then drop them.
to meteor bathe
Honestly the best part of every episode is how you tie in the phrase "space time" at the very end
It's the best part... of Spacetime.
Asteroid mining, with reasonable competition, will make those resources cheaper. The big money will probably be in orbital factories!
Loved the Tootsie Pop owl popping out of the asteroid...lol
Forget mars... to the asteroids!
Mars for colonies; asteroids for mining.
I'd move to Ceres.
Stay away from de Aqua!
RARE EARTH METAL ASTEROIDS = space money
Welcome Beltalowda!!!
which is closer in terms of delta vee and supply logistics?? Earth or Mars??
One of my favorite PBS ST videos. No killer math or physics.
I clicked so fast that hurt my finger
watch the expanse live tonight!!!
The Exoplanets Channel
Just fast or fast fast?
I diagnose aids
for real though I like every video because I genuinely like it. and others I don't. it almost seems like liking a video doesn't do shit for the algorithm, which is ridiculous.
I fapped so fast that it hurt my finger
The narrator is very articulate, easy to listen to.
It saddens me the label "M-type" has not been skipped so that it could've been used for habitable planets
Thanks for sticking Tycho station in there ❤️
I smell space drama coming real soon to a solar system near us if humans go to space too.
Tune into "Ice Rock" for riveting tales of gallant, fearless asteroid miners and their beautiful space maidens clinging to their sweaty, bulging, fearless biceps...
MrTitaniumDioxide dont forget the feminine back muscle....
Keep in mind that during atmospheric re-entry, the atmosphere slows the objects down by turning the excess kinetic energy into heat. If importation of materials from asteroids to Earth increases as is often forecasted, we may be turning the sky into a giant broiler. Mining in space will need a market in space where the products would have a pricing advantage over material launched from Earth. Mining asteroids for a market on Earth would ultimately be self defeating.
OI! BELTALOWDA!
"We put these cans together in a hurry, it'll get a little bumpy when the thrusters fire."
In fact, to make it profitable it won't even be necessary to bring all the resources back to Earth. Eventually a good part of civilization and the economy itself will be moved to space.
7:40 "Kiss my shiny metal... asteroid." -- a certain robotic prospector
Having added the Behemoth in the video just makes me love you guys so much more
Mining asteroids is great. I need more aggregate for my garden.
I'm rather impressed how many different ways you can end the videos with "..... in space time."
It's the Grineer. - Space Mum
clem-clem
watch the expanse live tonight!!!
#SpinTheDrum
"Get off me, I need to tell them I understood the reference!"
Míralos, vienen a este lugar cuando saben que no son puros. Tenno usa las llaves, pero son meros intrusos. Solo yo, Vor, conozco el verdadero poder del Vacío. Fui cortado por la mitad, destruido, pero a través de Janus Key, el Vacío me llamó. Me trajo aquí y aquí renací. No podemos culpar a estas criaturas, están siendo guiadas por un falso profeta, un impostor que no conoce los secretos del Vacío. Mira el Tenno, ven a saquear y profanar este reino sagrado. Mis hermanos, ¿no dije nada de este día? ¿No profeticé este momento? Ahora, los detendré. Ahora estoy cambiado, renacido a través de la energía de la Llave de Janus. Siempre ligado al Vacío. Que se sepa, si los Tenno quieren la verdadera salvación, dejarán las armas y esperarán el bautismo de mi llave de Janus. Es hora. Enseñaré a estos intrusos el poder redentor de mi llave Janus. Aprenderán que es simple verdad. Los Tenno están perdidos, y se resistirán. Pero yo, Vor, limpiaré este lugar de su impureza.
kira dead GRAKATA!
Waiting for the next James bond where the villain to use a astroid mining company as a cover to hold the world hostage with these rocks.
Where do I buy stock in these companies again?
to the Norway sovereign founds. They ve invested even in the time travel already Hurry up!
lul tesla
If you're buying, I'm selling...
You're selling Tesla stocks?
+TheExplorer
What are you talking about? I'm talking about things that are going to be happening in the next 20-30 years. I don't know about you, but I'm only 30. I've got all the time in the world to invest in this now and retire on it right when it explodes.
Sadly, both Planetary Resources and DSI were acquired and dissolved. One day, just not today.
Thats actually good news
*Periodic Table of Minecraft*
*
Hardcoded UT that is nothing new...
All I could think about the whole episode is how I have the exact same t-shirt. Love pbs spacetime, though! But still, the discussion on mining asteroids really... Rocks. Pun definitely intended.
This is definitely going to be a thing. But, I think the real money maker will be in supplying other colonies and projects outside of earth where it costs astronomically as much to launch it to them from earth.
Earth would only get the rarest of elements. At least until we have a massive space mining machine. And, at that point, we might not want that.
Although the rare earth elements and precious metals would be the main prize from mining asteroids, simple silicates in the regolith could be turned into something similar to glass-crystal-quartz that would be capable of holding atmosphere, with light passing through. We could be farming in space, and generating oxygen.
I read somewhere that your average C-Type asteroid is a richer platinum ore than the best platinum ore available on Earth.
How do you cook it?
I was waiting impatiently for an Expanse reference. I was not disappointed :D
If any space mining company is hiring, I'll apply for a position!
=D
You gonna have to stop playing those shiity ass games
You gonna have to stop playing those fcuking games
Nice warcraft 3 goldmine you put in there. Instantly recognized it.
Yeah, all that scientific and economic talk is interesting and all, but that Warcraft 3 gold mine though.
HOOOIIIGHFIIIVE
I found myself thinking of Doc Smith’s Lensman books with the hero going deep undercover as an asteroid miner. Then the mention of Luxembourg made me think of Wibberley’s The Mouse that Roared and The Mouse on the Moon
Or we can just nudge them into an orbit that leads them into crashing on Earth. Then mining them is easy peasy.
Better patent that idea.
Oops that one hit Australia
I loved this one, I have been thinking of this for a few years. Grate video
6:51 ... eve online :3 ..care to show how that mining ends usually in that game ? Anyway, if i lock your ship and disrupt your engines pay up with two ( 2 ) episodes next week or i'll fire my autocannons ;)
Yes! 30 Seasons and a Movie who's with me!
I love how science fiction is becoming science fact.
"Never managed to pull themselves together" haha! good one! ;)
I'm always irritated when I hear that we can use water as rocket fuel to travel through space, but I still need gasoline to get to work.
I have an idea for another space industry: spaceships that travel very fast relative to earth, thus sending people into the future where hopefully, all diseases have been cured and people live forever.
Am I the only one remembering "Bring Down The Sky", the Mass Effect DLC where an asteroid destined to be mined was diverted by batarian terrorists? Can't we wait for Shepard's birth before playing with space rocks?
:-)
I liked the space mirror/asteroid-smelting process in John Ringo's "Live Free or Die".
I lost ya after I seen Mr 🦉 Owl. Lmao.
How many licks....?
A think this guy can carry on Rod Serling’s legacy, I like his voice and style.
I wonder how international law will work with asteroids... You can claim any "rock" in space to be yours unless its marked as dwarf planet or what?
Ricard Miras actually you cant claim anything yours in space. thats why they dont own the sun or moon or any celestial object
You can claim anything in space until someone realizes: which law, which state, which "police" protects that claim? Years ago there were some con artists scamming people with properties on the Moon, so whatever. It's not realistic unless states are involved with actual political claims and enforcement. And making war in space seems unfeasible.
DiegoRaist Sure you can. Individuals can, nation states can’t. Well I think that’s what is says the the Outer Space treaty.
You can own resources from space. Just not a whole object. No law in grinding a object into dust. So yes. You could own A whole object once it had been turned into raw materials.
This is why we'll eventually need a new United Nations/Earth govt for the efficient colonisation of the Solar System.
America (or any other country) has no jurisdiction or authority in space. Hence why the Orange Turd's Space Balls Force is so fucking retarded (much like his supporters).
Rouden Leif!!! Nice to see ones homecountry doing something pretty cool
Season 30 of The Expanse will be drama!
I've seen a lot of talk about mining asteroids and so far, no one has said how they will get all that precious metal back to earth. Getting off the planet is hard enough, getting things back down without melting of on its way throuh the atmosphere is another thing entirely.
They just need to land stick digscoop and get back.
You colonial inyalowda, the belt is for the beltalowda, not tumang exploiters! ;)
How about mining on the moon? Would that be profitable or is there just not enough precious materials on the surface? I guess it would have gone through the same process as the earth and heavy elements have "sunk" to the core.
"The Expanse" is an intriguing science fiction series which illustrates a possible future which includes colonization of Mars and the Asteroid Belt. The settlers of the Asteroid Belt perform mining operations. It originally aired on the Syfy channel which cancelled the show (not sure why). It was saved by Amazon.com after Jeff Bezos took an interest in it. It's a great show. It's both entertaining and thought provoking. There are many logistical problems which would have to be overcome. Consider the effects of massive over mining after an extended time period. Moving large amounts of mass from the belt's orbit to Earth or Mars would result in a disturbance of the orbits of the two aforementioned planets along with other planetary bodies. Redistributing the mass' location in the orbital plane would alter orbits of everything else in our star system. The resulting changes in the angular momentums of asteroids, planets and their satellites could result in catastrophic collisions. Check out the original 2 dimensional game called Asteroids that was distributed by Atari. It has nothing to do with mining Asteroids however it does illustrate the effects of altering asteroid trajectories and it's fun to play. Excellent video BTW. Enjoyed it very much.
I fully support space mining, because having a space industry is one step closer to creating an orbital ring to make entering and leaving the planet cost viable.
"How Birth Control Will Save the Earth..."
Haha! Loved The Expanse shoutout!
Using water as rocket fuel in space is a poor choice. Oxyhydrogen rockets are useful right now because of their high specific impulse for chemical rockets and high TTW. However, above LEO, specific impulse becomes much more important and solar powered propulsion becomes king. Electric arcjet thrusters using the most abundant and least valuable elements as reaction mass becomes much more practical. And in situations that require high TTW ratios such as capture burns, thermite SRBs or oxygen-metal hybrid rockets could do the job. The hydrogen may be too useful to burn as fuel.
Fourth Root Eh, acceleration from electric thrusters is so low, it may not be viable from an ROI perspective. Also, you need Xenon, a comparatively rarer material.
Ahh, The dulcet tones of Matt talking science - is there anything more sweet to a curious girl’s heart?.
Wouldn't it be easier to mine the Earth first .. then the Moon second??!! Considering it costs your weight in gold just to get in space nevermind to some object flying through space at 40K MPH.
Some pragmatism finally! But the moon is as international as Antarctica and so is in principle everything in outer space. Have you ever heard of any mining project in Antarctica? There's a reason for that, I'm sure, and lack of minerals is not it.
He mention why not in the video, but basically, the earth and moon are huge, so the majority of heavy elements are concentrated in the middle. We have no technology right now that would allow us to mine materials from planets or moons.
Asteroids have the majority of their heavy materials in their core as well, but because they’re much, much smaller, it’s easier/cheaper to get to them.
Luis Aldamiz
The Moon Treaty doesn't mention anything about mining being prohibited. Logistically it makes a lot more sense to mine from the moon in addition if it's Humans doing the mining gravity is a plus. Not to mention the water resources available. While I heard mention of robotics, I also know the failure rate in these harsh conditions. Also there have been a ton of asteroids that collided on the surface of the Moon.
As soon as someone brings back 50 tons of gold I easily suspect it won't be worth a fraction.
Don Trembly
As I mentioned .. the moon is literally covered with asteroid impacts .. hence the materials are on or near the surface.
But the moon is much lighter than Earth, so a lot of those materials should be relatively close to the surface. The Moon is also very close to Earth compared to asteroids, with predictable cycles and a reasonable amount of gravity so stuff does not go around and gets lost in the cold vastness of empty space easily. Just like there are mineral deposits in Earth's crust, they should also be in the Moon, which is basically a mini-Earth, geologically speaking, a chunk of Earth floating out there with pleasant predictability.
IMO the Moon would be much more feasible and operations there could also multitask for other purposes: intermediate port for other space exploration (asteroid mining included), tourist destination, etc. It's rumored that China already has a base there or is planning one for the near future, not surprising because it makes all sense and Chinese tend to be very pragmatic people (Westerners tend to drama instead, epic included, but also tragedy and sometimes unwilling comedy).
You are doing a great job friends
Asteroid mining will need to be regulated. The last thing we need is a mining company accidentally CAUSING an extinction-level event with an asteroid.
You can't spend your money if all the shopkeepers are dead.
SeamusDonohueEVE Agree somewhat but I'd rather that state owned entities were the ones doing the mining and not private enterprise.
Or if it is private then it's heavily taxed so that ordinary people can benefit from the massive profits asteroid mining will generate.
SeamusDonohueEVE totally we need something like, oh I donno, mining permits ; P
I'm more concerned with the net change in mass of Earth as asteroid material is added to the Earth. Will this mass change affect our orbit?
I agree that it should be regulated, but not for the same reasons. Honestly the chances of "accidentally" nudging an asteroid onto a collision course with Earth are so miniscule it's not worth talking about. Even the Moon, which is relatively close and far larger than an asteroid, covers only 0.000531% of the entire sky. The point is, distances in space are far, far larger than we usually imagine, which makes such accidental collisions quite unlikely.
On the other hand. The more astroids we take away during mining. The less astroids there are capable of falling to earth
Without an active hydro cycle or tectonic activity, shouldn't the moon Regolith be an easily shiftable material to pull valuable metals from? Impacts should have seeded it with valuable metals just as they did the Earth.
The Boring Company's competition?
That intro beat was fire asf 🔥