13 Jan 2020

16 Psyche Asteroid | Golden Asteroid | Space Mining |16 Psyche (Psyche 16) | Asteroid News

16 Psyche is one of the ten most massive asteroids in the Asteroid belt. This Asteroid belt is present between the orbits of planet Mars and Jupiter.
But why everyone including NASA is so much interested in this asteroid?
Actually psyche 16 contains huge amounts of precious metals like gold and Platinum. According to Scientists psyche 16 is actually the remnant core of a planet. This is the reason, why it is made up of almost pure heavy metals. The composition of the 16 psyche asteroid separates it from most other asteroids that are either mainly composed of silicate minerals (S type) or carbonaceous compounds (C type). But this asteroid is unique and comes under the category of Metallic asteroids (M type) and psyche is the largest among these all. The diameter of the psyche 16 asteroid is about 225 km i.e. 140 miles.

16 Psyche Asteroid Video

 

Now let's come to the most interesting part of the video, how much gold does this asteroid actually have? And what is its worth?
Psyche 16 asteroid contains an estimated 700 quintillion dollars worth of precious heavy metals including huge quantities of gold and Platinum.
Do you have any idea how much this 700 quintillion dollars is?
It's much more money than you can even imagine!!! Let me help You in understanding this very big figure.
Suppose you have this 700 quintillion dollars and you decide to distribute this money equally to every person living on the earth. Then everyone will get 90 billion dollars!!! That simply means, everyone on this planet will have net worth equivalent to Jeff Bezos and Bill Gates. This is the reason, why NASA is so much interested in this asteroid psyche 16.
NASA has planned to send a mission to psyche 16 asteroid in 2022 which is expected to arrive by 2026. It will spend next 21 months studying it from the orbit.
But completing this mission is not an easy task. Necessary infrastructure needs to be built for such type of mission, which includes creating refueling points on or around the moon, Mars or in the Asteroid belt and creation of orbital manufacturing facilities. It would also be better to make foundaries in the orbit or in the Asteroid belt to process the minerals before they can be brought to the earth.
But here, One thing that you need to understand is... Bringing the enormous amount of gold from the psyche 16 asteroid won't  make you rich as the price of gold would fall down drastically. Not only this, The mission is very difficult, time taking and expensive and the cost to bring the precious metals to the earth from extremely distant place in itself is very high.
So Let's hope for the success of psyche 16 Mission by NASA.
Friends, what Do you think, is the mission by NASA worth it? Does it really makes sense to bring that much amount of gold and other precious metals to earth as gold is not any important thing like water or air for our survival. It is considered precious until it is not available in scarcity. So we need to think wisely.

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