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Otso Bakarti
Filial Pariahs
557
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Posted - 2015.12.19 14:32:09 -
[31] - Quote
Came expecting a zen-like foray into spiritual transformation. Left as confused as normal. No harm. No foul.
There just isn't anything that can be said!
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Gregor Parud
Ordo Ardish
1849
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Posted - 2015.12.19 15:05:48 -
[32] - Quote
If you somehow increase the efficiency of mining then you will not increase overall income because income from mining is based on supply vs demand, ore prices will drop accordingly. All you'll do is change the equilibrium in regards to m-¦ vs income and thus requires you to mine "harder", possibly with more expensive ships, to get to the same income. At the same time this makes it a lot harder for lower SP miners to make a decent income. |
Amarrchecko
Hedion University
Amarr Empire
74
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Posted - 2015.12.19 16:30:54 -
[33] - Quote
Gregor Parud wrote:If you somehow increase the efficiency of mining then you will not increase overall income because income from mining is based on supply vs demand, ore prices will drop accordingly. All you'll do is change the equilibrium in regards to m-¦ vs income and thus requires you to mine "harder", possibly with more expensive ships, to get to the same income. At the same time this makes it a lot harder for lower SP miners to make a decent income.
Not quite.
If an individual mines a ton, he makes more money than if he mines a little. The impact he would have on the supply-demand balance is minimal in the grand scheme of things; it certainly wouldn't be enough that mining more would reduce the price per m3 of ore to the point that he makes the same amount of isk per hour.
Regarding ninja gas huffing... does it actually pay better than other forms of mining? Of course it's more interesting and engaging, but it seems to me (someone admittedly inexperienced with gas huffing) that the travel to and travel from and risk of running into locals in wspace and only having a narrow window to spend in a gas site before sleepers spawn would bring down the profit over time A LOT.
Is someone with the right skillpoints AND who is good at handling themselves in wspace going to be able to make more money ninjaing gas than he would mining high-end ores in null with boosts? Low-end ores in HS with boosts? |
Gregor Parud
Ordo Ardish
1849
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Posted - 2015.12.19 16:53:09 -
[34] - Quote
Amarrchecko wrote:Gregor Parud wrote:If you somehow increase the efficiency of mining then you will not increase overall income because income from mining is based on supply vs demand, ore prices will drop accordingly. All you'll do is change the equilibrium in regards to m-¦ vs income and thus requires you to mine "harder", possibly with more expensive ships, to get to the same income. At the same time this makes it a lot harder for lower SP miners to make a decent income. Not quite. If an individual mines a ton, he makes more money than if he mines a little.
That is not the same thing, it's not about an individual's choices. It's about max yield per account per hour, if you increase the max yield then you increase the ceiling so people will get to that ceiling which affects m-¦/h and, in reaction, will affect isk/m-¦. And to then catch up you better be on par with that increased ceiling, requiring more/expensive assets to make that happen.
If you increase overall yield per hour you decrease the effort per m-¦ which decreases value per m-¦ because increasing supply while not increasing demand results in lower value. It really isn't rocket science. |
ISD Supogo
ISD Community Communications Liaisons
525
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Posted - 2015.12.19 17:00:48 -
[35] - Quote
Edited some posts.
Quote:Forum rules8. Use of profanity is prohibited.The use of profanity is prohibited on the EVE Online forums. This includes the partial masking of letters using numbers or alternate symbols, and any attempts at bypassing the profanity filter.
ISD Supogo
Lieutenant Commander
Community Communication Liaisons (CCLs)
Interstellar Services Department
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Amarrchecko
Hedion University
Amarr Empire
74
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Posted - 2015.12.19 17:06:13 -
[36] - Quote
Gregor Parud wrote:Amarrchecko wrote:Gregor Parud wrote:If you somehow increase the efficiency of mining then you will not increase overall income because income from mining is based on supply vs demand, ore prices will drop accordingly. All you'll do is change the equilibrium in regards to m-¦ vs income and thus requires you to mine "harder", possibly with more expensive ships, to get to the same income. At the same time this makes it a lot harder for lower SP miners to make a decent income. Not quite. If an individual mines a ton, he makes more money than if he mines a little. That is not the same thing, it's not about an individual's choices. It's about max yield per account per hour, if you increase the max yield then you increase the ceiling so people will get to that ceiling which affects m-¦/h and, in reaction, will affect isk/m-¦. And to then catch up you better be on par with that increased ceiling, requiring more/expensive assets to make that happen. If you increase overall yield per hour you decrease the effort per m-¦ which decreases value per m-¦ because increasing supply while not increasing demand results in lower value. It really isn't rocket science.
My mistake. I didn't realize you were talking about an across-the-board increase in potential. |
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