Excluding organic materials like oil/coal/etc the global economy does not spend a lot of resources on mining. Further, we have vast excess supply's of most of what we do mine making space based mining problematic. Sure, it sounds good but we need to be in space for some other reasons before mining becomes practical.
Certainly. However, spaceflight is getting cheaper by the year and is heading into a significant phase change related to costs. Soon the market will be dominated by partially reusable rockets. After a generation or two of improvements those reusable rockets will drive launch costs down by at least an order of magnitude if not two compared to today. That will make doing anything in space cheaper, and it's a fair bet t…
School of Mines Wants to Launch the First Space Mining Program
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Re: School of Mines Wants to Launch the First Space Mining Program
#42Earlier quoted context omitted.
We are not great at mining. Fun fact: the manufacturing industry has been able to obtain machine utilization at nearly 100%. Mining is in the 40% range.
What's the utilization in the construction industry? I think that'd be a more fair analog for mining.
Re: School of Mines Wants to Launch the First Space Mining Program
#43Earlier quoted context omitted.
It costs $4k/lb to get something into orbit. Maybe mining for use in space is the way to go. I hear SpaceX might have some plans to build stuff in space in the coming years so there might be a ready buyer.
That makes anything you can “mine” out of orbit worth at least 4k/lb. pretty steep incentive for even the most basic resources.
Re: School of Mines Wants to Launch the First Space Mining Program
#44The courses are being offered online--it's a shame grad classes are too expensive to just take for fun! Looks like $6,800 or so to take one of the two they're offering next semester, or about $12,700 for both. The Masters degree would end up costing you about $58.7k plus $1,000/semester in fees. It's a hard sell for something that still looks relatively far in the future, but I suppose if space mining is truly is you…
Re: School of Mines Wants to Launch the First Space Mining Program
#45Re: School of Mines Wants to Launch the First Space Mining Program
#46Excluding organic materials like oil/coal/etc the global economy does not spend a lot of resources on mining. Further, we have vast excess supply's of most of what we do mine making space based mining problematic. Sure, it sounds good but we need to be in space for some other reasons before mining becomes practical.
Certainly. However, spaceflight is getting cheaper by the year and is heading into a significant phase change related to costs. Soon the market will be dominated by partially reusable rockets. After a generation or two of improvements those reusable rockets will drive launch costs down by at least an order of magnitude if not two compared to today. That will make doing anything in space cheaper, and it's a fair bet t…
As robotics and AI technology improves I expect very few humans will be sent into space. We're too expensive to keep alive.
Re: School of Mines Wants to Launch the First Space Mining Program
#47Earlier quoted context omitted.
That makes anything you can “mine” out of orbit worth at least 4k/lb. pretty steep incentive for even the most basic resources.
With right delta v. I mean, if it is in wildely wrong orbit, than it is no more useful than same thing on earth.
[1] https://www.lme.com/Metals/Non-ferrous/Aluminium-Premiums
Re: School of Mines Wants to Launch the First Space Mining Program
#48Earlier quoted context omitted.
What's the utilization in the construction industry? I think that'd be a more fair analog for mining.
Oh, it's much, much, much worse than mining. Construction is famously the least-improved, in productivity terms, of all industries: https://www.economist.com/news/business/21726714-american-bu...
Space might be the only place we can make heavy industries start to behave similar to software.
Re: School of Mines Wants to Launch the First Space Mining Program
#49>[T]he class covered the Outer Space Treaty, a creation of the United Nations that governs outer-space actions and (in some people's interpretations) makes the legality of space mining dubious. If this topic interests you, there's a whole category at your local library for Space Law (it's at the end, KZD1002-6715): https://www.loc.gov/aba/cataloging/classification/lcco/lcco_...
[0] https://www.congress.gov/bill/114th-congress/house-bill/2262 [1] https://motherboard.vice.com/en_us/article/ezp4yk/the-us-say... [2] https://www.planetaryresources.com/2015/11/president-obama-s...
Re: School of Mines Wants to Launch the First Space Mining Program
#50Earlier quoted context omitted.
One of their two intro programming classes uses C++.
Can you elaborate? I feel like depending on who you asked, that could be a point for or a point against.
I think it spent way too much time on syntax and minutiae to be a really good introduction. It spent a really brief time talking about compiled instructions, stacks, etc. but not really enough to justify C++, imo. It shoved pointers into a couple days at the end of the semester. A lot of final questions were things like std::string member functions or construct syntax (for, switch).