Cryptocurrency Q&A
How profitable is deep sea mining?
How profitable is deep sea mining?
SarahWilliams
Fri Nov 01 2024
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7
answers
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I'm curious about the profitability of deep sea mining. I want to know how lucrative this industry is and whether it's a worthwhile investment.
7 answers
IncheonBeautyBloomingRadianceGlow
Sun Nov 03 2024
The projection for the cost of restoring deep sea environments following mining activities stands at approximately 5.3 billion U.S. dollars by the year 2030.
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Silvia
Sun Nov 03 2024
This estimation does not take into account the expenses related to monitoring the progress of the restoration efforts.
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Luca
Sun Nov 03 2024
The financial outlay required for rehabilitation is substantial.
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Bianca
Sun Nov 03 2024
In comparison, the anticipated revenue generated by an average company engaged in deep sea mining is approximately 4.4 billion U.S. dollars.
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ShintoMystic
Sat Nov 02 2024
The disparity between the restoration costs and potential earnings is notable.
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