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Holland Manners
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Posted - 2005.01.12 10:26:00 -
[1]
Edited by: Holland Manners on 12/01/2005 10:27:59
Edited by: Holland Manners on 12/01/2005 10:26:36
I did some calculations and have come to the conclusion that mining ice (clear icicles) is a pointless activity.
Assuming maximum mining skills (covetor + L5 ice harvesting) and a value of 150k per clear icicle (seems to be about the best you can hope to sell them for, and if you refine it their value goes even lower):
Ice units p/h = (60/7.5) * 3 = 24
Profit p/h = 24 * 150k = 3.5m
To compare this to mining veldspar, I used the eve-i.com ore calculator and assumed a trit value of 1.9 and 5/4/2 refining, 0 station standing. This gives a value per veld unit of 5.42.
Veld units p/h = (60/3) * 970.3 * 3 * 10 = 582180
Profit p/h = 582180 * 5.42 = 3.15m
This makes ice mining only marginally more profitable than mining veldspar, the worst ore in the game!
So my question is, why do I see so many people mining for ice when it is more profitable to mine ore? Even if you are trying to run a POS, you'd still be better off mining something else and using the profits from that to buy the ice you need.
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Zyko
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Posted - 2005.01.12 10:40:00 -
[2]
It's new and more fun than mining veldspar? That's why I would do it :) |
David Goodwill
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Posted - 2005.01.12 10:42:00 -
[3]
10 minute mining cycle for the uber lazy... 
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Mating call of a pirate...
"rarrggghhh, omg r0x0r, ph34r meeeee"
Average age: 12..  |
Andarvi
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Posted - 2005.01.12 10:46:00 -
[4]
Mining ice is easier than mining veldspar. With the current size of the ice roids, all you need is activate your lasers and come back to the comp every cycle (7.5 min at l5). It's about as effortless a job can be in EVE.
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Shintai
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Posted - 2005.01.12 10:47:00 -
[5]
Last time I checked ice was in 0.9 like veldspar. And due to trit prices veldpsar ainŠt the worst ore ingame 
What did you expect? bistot ore in 0.9sec?
Also you have some loss due to roidsize, ice you get get full cycle back. So 582180 ore is papernumber and not real.
So your conclusion is wrong with whats most profitable to mine. Ice wins over anything in 0.9sec.
Also please use a refined ice. Since the price there is higher.
Abstraction and Transcendence: Nature, Shintai, and Geometry |
Dloan
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Posted - 2005.01.12 10:56:00 -
[6]
 Originally by: Holland Manners
Even if you are trying to run a POS, you'd still be better off mining something else and using the profits from that to buy the ice you need.
If everyone took your advice, there would be no ice products available to buy!
Anyway, why would ice mining be more profitable than mining veldspar? Compare the two (wide availability, available in 1.0 systems) and there is no market reason why ice should be worth a whole lot more.
Maybe if demand for POSes increases beyond individual corps abilities to mine it, it will increase, but then seeing as there is an almost infinite supply of ice in Empire space and a steadily increasing number of people with the tools to mine it, prices will remain low because supply will always increase to meet demand.
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Jot Hawkes
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Posted - 2005.01.12 13:54:00 -
[7]
IIRC the worst ore, in terms of pure profit, is Plagioclase. Tritanium is ALWAYS in high demand. And Scordite is actually one of the best ores in empire (Depending on price fluctuations)
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Daktor
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Posted - 2005.01.12 14:17:00 -
[8]
Originally by: Shintai
So your conclusion is wrong with whats most profitable to mine. Ice wins over anything in 0.9sec.
You haven't checked prices recently then. With the large barge he's proposed in the first post, you can mine over 5 mill/hour in scordite.
I mine ice because my corp needs it, otherwise I'd be mining other stuff if I wanted to make money.
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flummox
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Posted - 2005.01.12 14:34:00 -
[9]
Veldspar... worst in game? don't let the BKG hear you say that. they like veldspar a lot. so much that they formed a fake corporation to help defend their precious ore.
p.s. Veldspar is better than Arkanor...
there is a fine, but dissasterous line between a fart and a shart. i suggest you make sure which side you want to be on... |
Beringe
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Posted - 2005.01.12 15:20:00 -
[10]
The price of ice will go up as the market grows larger and the alliances start buying in bulk.
Right now, there probably aren't enough POS for most people to bother to mine it.
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"My main griveance with the Caldari state was that once I had finished my work for them, they wanted me dead."
"No, it's none of your business." |
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Onubis
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Posted - 2005.01.12 16:31:00 -
[11]
We been doing some Ice mining in the corp and its been pretty profitable tbh. Although the ice belts in 0.8 and up seem to be disappearing v fast 
_-_-_-_-_-_-_-_-_-_-_-_-_-
"It is better to die on our feet than live on our knees"
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Daktor
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Posted - 2005.01.12 17:19:00 -
[12]
Originally by: Onubis
We been doing some Ice mining in the corp and its been pretty profitable tbh. Although the ice belts in 0.8 and up seem to be disappearing v fast
Disapearing? I've yet to see a single ice roid vanish. With 100k units in each one, it would take a max skilled large barge about 170 days to deplete one ice asteroid. I'd estimate at least 100 asteroids in the ice field I mine, so it will be there a long while.
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Sykosys
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Posted - 2005.01.12 17:58:00 -
[13]
Originally by: Holland Manners
Edited by: Holland Manners on 12/01/2005 10:27:59
Edited by: Holland Manners on 12/01/2005 10:26:36
I did some calculations and have come to the conclusion that mining ice (clear icicles) is a pointless activity.
Assuming maximum mining skills (covetor + L5 ice harvesting) and a value of 150k per clear icicle (seems to be about the best you can hope to sell them for, and if you refine it their value goes even lower):
Ice units p/h = (60/7.5) * 3 = 24
Profit p/h = 24 * 150k = 3.5m
To compare this to mining veldspar, I used the eve-i.com ore calculator and assumed a trit value of 1.9 and 5/4/2 refining, 0 station standing. This gives a value per veld unit of 5.42.
Veld units p/h = (60/3) * 970.3 * 3 * 10 = 582180
Profit p/h = 582180 * 5.42 = 3.15m
This makes ice mining only marginally more profitable than mining veldspar, the worst ore in the game!
So my question is, why do I see so many people mining for ice when it is more profitable to mine ore? Even if you are trying to run a POS, you'd still be better off mining something else and using the profits from that to buy the ice you need.
You said you did all these calculation. Ummm have you ever mined?? Go out and mine veld and ice then come back with your assessment. Many things on paper are not what they really are in-game unfortunatly.
I just wanted to point this out since you seem like you have never mined before.....or not mined ice and veld yourself to make a real comparison.
_______________________
"She'll fly apart sir,"
"FLY HER APART THEN!!!" |
Scroto Baggins
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Posted - 2005.01.12 18:24:00 -
[14]
You are pretty much correct. I've done several tests with mining in different areas with different ships and have come to the conclusion that the most profitable and easiest way to make money in this game is to afk mine condensed scordite in 1.0 security systems with a badger mk II (equipped with a miner II and 3 cargo expanders).
Sure, there are ways to make slightly more money mining in more dangerous areas, but then you have to sit there and watch out for rats/pirates. Also, you can't safely solo with an unarmed industrial ship there.
Teaming up with a fighter is another option, but then you have to cut your collective profits in half.
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