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papamike
Precipice Industries Voodoo Groove
71
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Posted - 2012.06.14 08:21:00 -
[31] - Quote
Vaerah Vahrokha wrote:Block Ukx wrote:corestwo wrote: That you just bought a large stack of Isogen and are trying to use your reputation as a knowledgeable mineral baron to get other people to buy.
Fair point. However, I wouldn't recommend people to stock pile at 80. If it hits 60, I say stock pile. Veldspar and scordite yiled about 185 ISK/m3, while omber yields 93 ISK/m3. Don't you find it odd that people still mine omber when they could more than double their income mining veldspar? If you are in a large mining op, you strip belts clean so fast that you don't even notice a tiny omber roid before it's digged. Basically it's more bothersome to selectively avoid these things than just feeding them in the meatgrinder.
I would say this would depend on the availability of other belts/ roids/ grav sites in the system.
Ive got somewhat limited experience mining but how hard is it to move belts.
Right click, warp to belt 2.
Done.
Grav sites might be another matter entirely perhaps but I dont think that would account for hi-sec supply. Id say its one of three possible causes
a) Huge stockpiles of Iso are around from meta 0 reprocessing. These are being slowly bled off along with high level long term speculation.
or
b) There is an npc source of Iso to account for its prevalence.
or
c) High sec miners are honestly that stupid that they COLLECTIVELY have never bothered to look at any of the refining data available, or have spoken to one another about the lack of profitability in Omber, or are convinced that it is quicker/better to mine all roids in a belt rather then cherry pick.
I really doubt its c) tbh. In saying that though I have met miners who insist on mining all roids in a belt. I think there is something of a feeling of accomplishment to leave a belt completely stripped.
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Steve Ronuken
Fuzzwork Enterprises
458
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Posted - 2012.06.14 10:10:00 -
[32] - Quote
Knowing a few miners, They'll just strip a belt clean, rather than cherry picking and moving on. Or in grav sites, cleaning them out so they respawn elsewhere. rather than letting them sit with just the omber holding them there.
Then there are the newbies who think in terms of how much they get per unit, rather than per m3. FuzzWork Enterprises http://www.fuzzwork.co.uk/ Blueprint calculator, invention chance calculator, isk/m3 Ore chart-á and other 'useful' utilities. |

Vaerah Vahrokha
Vahrokh Consulting
1293
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Posted - 2012.06.14 10:30:00 -
[33] - Quote
papamike wrote:
Ive got somewhat limited experience mining but how hard is it to move belts.
Right click, warp to belt 2.
Done.
No
Steve Ronuken wrote:Knowing a few miners, They'll just strip a belt clean, rather than cherry picking and moving on. Or in grav sites, cleaning them out so they respawn elsewhere. rather than letting them sit with just the omber holding them there.
Yes Auditing | Collateral holding and insurance | Consulting | PLEX for Good Charity
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Caldari Citizen20110707
Caldari Provisions Caldari State
12
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Posted - 2012.06.16 23:54:00 -
[34] - Quote
you dont get suicide that easely in scannable high sec exploration sites where there is lot and lots of omber...
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Jdestars
Stars Research systems Incorporation
3
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Posted - 2012.06.17 10:51:00 -
[35] - Quote
Not you made not bad for the head etablissant formulae in the walnut but use the baseprices which are in the DB
and you can easly etablish the ratio of any mineral
NameBase npc Tritanium1,50 Pyerite4,00 Mexallon15,00 Isogen64,00 Nocxium300,00 Zydrine4-á600,00 Megacyte6-á700,00 Mophite20-á000,00
RefCcpIdMaterialsWeighting 34Tritanium 1 35Pyerite 1/ 2 36Mexallon 1/ 4 37Isogene 1/ 8 38Noxcium 1/16 39Zydrine 1/32 40Megacyte 1/64 11399Morphite 1/99
but for building you must n evaluat the ratio of each kind of buid |

Droxlyn
TOHA Heavy Industries TOHA Conglomerate
85
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Posted - 2012.06.17 11:34:00 -
[36] - Quote
Jdestars wrote:Not you made not bad for the head etablissant formula in the walnut but use the base prices which are in the DB and you can easily establish the ratio of any mineral
NameBase npc Tritanium1,50 Pyerite4,00 Mexallon15,00 Isogen64,00 Nocxium300,00 Zydrine4-á600,00 Megacyte6-á700,00 Mophite20-á000,00
RefCcpIdMaterialsWeighting 34Tritanium 1 35Pyerite 1/ 2 36Mexallon 1/ 4 37Isogene 1/ 8 38Noxcium 1/16 39Zydrine 1/32 40Megacyte 1/64 11399Morphite 1/99 but for building you must n evaluate the ratio of each kind of build , id you know that you can evaluate market needs
The theoretical ratios that the NPCs use do not track with business logic. The NPCs assume each ore will be worth more than the previous one due to "more supply" = "cheaper" but there is so much supply of each in highsec and so much demand for the lowest end that this assumption is defeated. So, you have to say 1m3 of X ore = 1m3 of veldspar and start solving for that. There are two ways to solve for Isogen. You try both. Then you plug the value you get from one to the other. If you use the price of Isogen from Omber, Kernite becomes worth more than Veldspar. This violates the equivalency test and so you must use the Kernite Isogen price which makes Omber crappy. Thus you get: Trit= 1*Trit Pyerite=1.6037406338*Trit Mexallon=9.4629712088*Trit Isogen=17.43148364*Trit Nocxium=84.1089579845*Trit
I am not sure why Isogen is below goal and Nocxium is above goal, but I'm sure those will close in as time passes and the lowest ends start getting more in-line. It is creepy but cool.
BTW, Hedbergite and Arkonor set Zydrine and Megacyte prices, but they don't track due to rarity. Zydrine=87.2025160131*Trit Megacyte=244.2173643899*Trit
Drox |

Block Ukx
Forge Laboratories
75
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Posted - 2012.06.28 14:42:00 -
[37] - Quote
ItGÇÖs interesting to see Scordite as profitable as Bistot.
Is high sec mining more profitable than null sec mining? (Accounting for fees and transportation time)
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Block Ukx
Forge Laboratories
75
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Posted - 2012.07.06 21:36:00 -
[38] - Quote
People seem to forget.
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Herr Hammer Draken
Imperial Academy Amarr Empire
42
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Posted - 2012.07.07 07:43:00 -
[39] - Quote
Droxlyn wrote:Jdestars wrote:Not you made not bad for the head etablissant formula in the walnut but use the base prices which are in the DB and you can easily establish the ratio of any mineral
NameBase npc Tritanium1,50 Pyerite4,00 Mexallon15,00 Isogen64,00 Nocxium300,00 Zydrine4-á600,00 Megacyte6-á700,00 Mophite20-á000,00
RefCcpIdMaterialsWeighting 34Tritanium 1 35Pyerite 1/ 2 36Mexallon 1/ 4 37Isogene 1/ 8 38Noxcium 1/16 39Zydrine 1/32 40Megacyte 1/64 11399Morphite 1/99 but for building you must n evaluate the ratio of each kind of build , id you know that you can evaluate market needs The theoretical ratios that the NPCs use do not track with business logic. The NPCs assume each ore will be worth more than the previous one due to "more supply" = "cheaper" but there is so much supply of each in highsec and so much demand for the lowest end that this assumption is defeated. So, you have to say 1m3 of X ore = 1m3 of veldspar and start solving for that. There are two ways to solve for Isogen. You try both. Then you plug the value you get from one to the other. If you use the price of Isogen from Omber, Kernite becomes worth more than Veldspar. This violates the equivalency test and so you must use the Kernite Isogen price which makes Omber crappy. Thus you get: Trit= 1*Trit Pyerite=1.6037406338*Trit Mexallon=9.4629712088*Trit Isogen=17.43148364*Trit Nocxium=84.1089579845*Trit I am not sure why Isogen is below goal and Nocxium is above goal, but I'm sure those will close in as time passes and the lowest ends start getting more in-line. It is creepy but cool. BTW, Hedbergite and Arkonor set Zydrine and Megacyte prices, but they don't track due to rarity. Zydrine=87.2025160131*Trit Megacyte=244.2173643899*Trit Drox
This, If kernite had a lot less or no isogen then omber would become a valuable ore to mine. But as it is kernite produces enough isogen to satisfy isogen demand thus no need to mine omber for isogen. Almost anything that requires isogen to build also need mexallon in a slightly higher quantity. Thus Kernite is the prefered supply for these minerals. As a side benefit you even get a chunk of tritanium which is needed in great quantities for everything. Granted omber also has tritanium but it produces less isogen and less tritanium per refine unit than kernite does. And the amount of pyerite in ombar is not worth it either as we mine scordite for that plus trit. Ombar is thus the bastard child of ores which does not fit demand in any combination very well. Other combinations of ores are much more effective in generating the minerals required and efficiency required for building stuff for eve. |

Dave stark
Martyr's Vengence Test Alliance Please Ignore
112
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Posted - 2012.07.07 07:49:00 -
[40] - Quote
Block Ukx wrote:
ItGÇÖs interesting to see Scordite as profitable as Bistot.
Is high sec mining more profitable than null sec mining? (Accounting for fees and transportation time)
no, because arkonor is still way ahead of any other ore in the game right now. |
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Sarmea Moon
Universal Freelance CONSORTIUM UNIVERSALIS
19
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Posted - 2012.07.07 15:32:00 -
[41] - Quote
Miners don't care about "true demand", they just care what price they can sell the mins they mined that day for. Some even stockpile enough so they can sell it by the freighter load, which still only takes a couple days.
Those who mine in hi sec, and aren't new, use a calculator like http://www.fuzzwork.co.uk/ore/ where all the work is done for me, I sort based on isk/m3, and that's what I mine. I know I can sell it before the end of the day, so don't have to care about long term trending, or huge stockpiles.
Right now, Delve is on fire, and industrialists need mins. If I had stockpiles I'd be dropping them like crazy now. I'm prolly an idiot:) Jita went crazy last night due to manipulation.
When solo mining, I cherry pick. When I was corp mining in 0.0, we destroyed everything in our path, so we could build replacement ships, and because we only had so many belts. We didn't care what Jita min prices were, only what we needed.
There is no reason to strip belts in hi sec, because there are sooo freaking many of them. |

Block Ukx
Forge Laboratories
75
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Posted - 2012.07.31 17:51:00 -
[42] - Quote
According to the model Pyerite is overpriced and Isogen is underpriced.
IGÇÖve been working on a time dependent model but all I get is a price collapse at long times. Any predictions on how soon Pyerite turns around.
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Vaerah Vahrokha
Vahrokh Consulting
1761
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Posted - 2012.07.31 18:06:00 -
[43] - Quote
Block Ukx wrote:
According to the model Pyerite is overpriced and Isogen is underpriced.
IGÇÖve been working on a time dependent model but all I get is a price collapse at long times. Any predictions on how soon Pyerite turns around.
Look for double tops or inversion pin bars on a monthly or at least a weekly chart. Auditing | Collateral holding and insurance | Consulting | PLEX for Good Charity
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