Hacker News new | ask | show | jobs
by hugh3 5341 days ago
The sad part is that regardless of whether it's copper or gold, the economics of mining asteroids still doesn't work out.
2 comments

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.