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Ultath
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Posted - 2007.05.30 00:11:00 -
[1]
So I trained up to a retriever, and fitted it for mining. I have been mining Kernite and selling it (not refining) because when I refine it sells for 1/2-1/3 the price (low skills). That being said I seem to be making very low money. I can probably make more in lvl one missions. So what am I doing wrong here?
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Mazzarins Demise
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Posted - 2007.05.30 00:38:00 -
[2]
It's usually always best to refine ore and sell the materials. Raise your refining skills (Refining, Refinery Efficiency, and Ore processing (Veldspar, Kernite etc.) and up your standing with the station who runs the refinery (take less tax) and you will notice a major difference.
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Ultath
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Posted - 2007.05.30 00:47:00 -
[3]
Another few questions.
1. What would be better to mine Kernite or Omber? Since I already have faction standings with Galante corps, if they aren't different I may move over to Galante space to mine.
2. Is the Hulk worth the money? It doesn't seem to mine much better then a Covetor, given it only gets another 3% bonus. True it has a bigger cargo hold but that only gives you a bit more time (running to station a bit less). Also this is for empire mining, I don't plan going to low sec.
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Tkar vonBiggendorf
Gallente
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Posted - 2007.05.30 01:04:00 -
[4]
That's another 3% per level, for a max of 15%. It does make a bit of a difference. It can also tank rats in the belts better than the Covetor.
Omber is slightly better than Kernite, and Scordite is very close to both of them, last time I checked the market, plus Scordite is plentiful and appears in 0.9 and 1.0 security systems, so you don't even have to worry about rats.
Even with bad refining skills, 1/2 the price sounds way off. You're not just selling for whatever price appears in the station you happen to be in, are you? Minerals take a lot less space than ore, so it's easier to haul to a location with a better price.
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Ultath
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Posted - 2007.05.30 01:09:00 -
[5]
 Originally by: Tkar vonBiggendorf
That's another 3% per level, for a max of 15%. It does make a bit of a difference. It can also tank rats in the belts better than the Covetor.
Omber is slightly better than Kernite, and Scordite is very close to both of them, last time I checked the market, plus Scordite is plentiful and appears in 0.9 and 1.0 security systems, so you don't even have to worry about rats.
Even with bad refining skills, 1/2 the price sounds way off. You're not just selling for whatever price appears in the station you happen to be in, are you? Minerals take a lot less space than ore, so it's easier to haul to a location with a better price.
Yeah I sell them at whatever the station gives me. If omber is better I'll try to mine near my mission agent, I have 6.8 standing with his corp, it may help me with tax I guess.
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Melrose Armstrong
Gallente
Old Timers Guild
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Posted - 2007.05.30 02:03:00 -
[6]
You really, really, really want to shop around for better prices. They are out there and usually not too far away. Remember, most minerals are bought by other players; you want to find where there are lots of industrialists competing with each other for resources.
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Drizit
Amarr
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Posted - 2007.05.30 03:00:00 -
[7]
Prices for minerals are normally much lower in systems where the ore produces them. If anyone is buying for lower than 7% below regional average, it's a scammer trying to get cheap minerals to re-sell for a massive profit. Ignore them and find somewhere you can sell it at a higher price. Most genuine buy orders from manufacturers etc are at the very least only 2% below, quite often they are higher than the regional average.
Get a hauler and start taking it to the other stations with better prices. I could easily make 3 or 4 million per hour mining Kernite in a Retriever with only lvl4 refining and no standings with the corp owning the station I refined it in, that included the delivery time when I was selling the minerals.
Even as a miner, you have to learn to play the market.
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Evachece
Furious Angels
Requiem-Aeternam
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Posted - 2007.05.30 03:43:00 -
[8]
Edited by: Evachece on 30/05/2007 03:42:35
Originally by: Ultath
Another few questions.
1. What would be better to mine Kernite or Omber? Since I already have faction standings with Galante corps, if they aren't different I may move over to Galante space to mine.
2. Is the Hulk worth the money? It doesn't seem to mine much better then a Covetor, given it only gets another 3% bonus. True it has a bigger cargo hold but that only gives you a bit more time (running to station a bit less). Also this is for empire mining, I don't plan going to low sec.
to number 1, depends on the market, usualy omber is a little better, but the difference isent that big, and scordite gets you almost as much and is available everywhere
to number 2, oh god yes. its not just an extra 3%, its 3% per level so when you can use a hulk its an extra 9% to your yeald, at 5 its an extra 15%. plus the hulk can use 2 mineing laser upgrades, giving another 5% bonus on top of the coverter which can only use one. also for mineing its better to use a jetcan method to mine. jetison the ore then have a hauler pick it up, i use a second account for this, but before i started that i had an easy time getting people in my corp to haul for me by giving them a percentage of the ore. while that may sound expensive the trips to and from the stations really put a crimp in your profits, much more than paying someone to haul would.
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Jobie Thickburger
Gallente
Condottieri Industries
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Posted - 2007.05.30 05:18:00 -
[9]
Mining has changed a LOT since Revelations. Between the huge wars in 0.0 requring a large number of common materials (Mex and Pye come to mind), rarer minerals such as Isogen and Nocx (and poor poor zydrine) have gone way down.
Between Kernite and Omber, Nowadays they are about equal. You get a LOT more isogen per m3 from omber, but with the 25% drop in the price of Isogen since Revelations, its not as great as it was. Mex has gone up 150%, which makes the two about equal.
Get your skills in refining up, That will up the amount of money you make greatly. Most people buy raw ore way below the amount you'd get for refining it.
As for the Hulk, Its better than the covetor in a couple of ways. First off, Its able to take a lot more of a beating, so it can survive much better in low sec. Granted you'd want to watch yourself, a lot, but as long as there are no pirates in the system, a hulk can survive quite well. I tested my former CEO's hulk tank with my Geddon, and 15 minutes later I hadn't broken his tank. A highly skilled hulk pilot can fill a jetcan in about 20 minutes, with a covetor, would take about 30. In the short term, no there's not much of a difference, but over a longer period of time, it is noticable.
CEO, Condottieri Industries
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Cipher7
Sebiestor tribe
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Posted - 2007.05.30 05:43:00 -
[10]
Originally by: Ultath
Yeah I sell them at whatever the station gives me.
What is mining?
You're creating a commodity and the amount of profit you make depends on how much you can sell that commodity for.
The price the station gives you might be fine, then again it might be alot lower than everywhere else, you have to use the market to fetch the best possible price for your efforts.
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Imperator Jora'h
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Posted - 2007.05.30 08:30:00 -
[11]
Originally by: Tkar vonBiggendorf
That's another 3% per level, for a max of 15%. It does make a bit of a difference. It can also tank rats in the belts better than the Covetor.
Hulk can also fit two Mining Upgrades as opposed to only one on barges.
With the one "best" Hulk setup it can tank many 0.0 spawns indefinitely.
I still would NOT take one low sec. A hulk is tough but still a mining ship and pirates drool at the sight of one in their crosshairs. It will still die to players easily enough.
That said a Hulk is really the only safe way to currently use T2 Strips in hi sec. On a Covetor you are asking for a gank as those strips are valuable and the Covetor pops way too easily. A Hulk would take several battleships to gank and so the economics of it all simply do not add up for the ganker (leave your tank perma running every chance you get...it'll run forever).
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Drizit
Amarr
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Posted - 2007.05.30 10:48:00 -
[12]
Originally by: Imperator Jora'h
That said a Hulk is really the only safe way to currently use T2 Strips in hi sec. On a Covetor you are asking for a gank as those strips are valuable and the Covetor pops way too easily. A Hulk would take several battleships to gank and so the economics of it all simply do not add up for the ganker (leave your tank perma running every chance you get...it'll run forever).
A bit off topic but since everyone seems to hail the hulk's tank. What is best on a hulk? Armor or shield tank.
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Kavioleth
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Posted - 2007.05.30 12:46:00 -
[13]
Unless it's changed in a week, scord is the best roid to mine for straight ore selling.
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Vladimir Ilych
Gradient
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Posted - 2007.05.30 15:33:00 -
[14]
I am not a miner so I might be way off but i would guess it is hard to make money at solo. Mining in a gang with protection and haulers would make money way faster. Try looking for a mining or industry based corp to join.
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Jobie Thickburger
Gallente
Condottieri Industries
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Posted - 2007.05.30 15:46:00 -
[15]
Originally by: Drizit
Originally by: Imperator Jora'h
That said a Hulk is really the only safe way to currently use T2 Strips in hi sec. On a Covetor you are asking for a gank as those strips are valuable and the Covetor pops way too easily. A Hulk would take several battleships to gank and so the economics of it all simply do not add up for the ganker (leave your tank perma running every chance you get...it'll run forever).
A bit off topic but since everyone seems to hail the hulk's tank. What is best on a hulk? Armor or shield tank.
Hulk is a shield tank. it gets a bonus per lvl to shield resistances.
CEO, Condottieri Industries
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Scagga Laebetrovo
Delictum 23216
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Posted - 2007.05.30 16:45:00 -
[16]
Other than optimising your setup/skills, another bonus my friend is to explore for hidden belts.
Delictum 23216 Official forums |
Bull61
The Renegade Industries
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Posted - 2007.05.30 17:05:00 -
[17]
Do your math... Omber is 0.6 m3 per unit, Scordite is 0.15 m3 per unit. Kernite is... (I don't remember!)whatever Kernite is. Anyway, calculate how many units your hold will carry. View market details to see what the ore is selling at. Multiply for payout. The results may surprise you.
My skills also make selling ore directly more profitable. But you need not sell outright to the highest bid buyer. Bump it up a bit and see what you can get for it.
Eventually, you'll use that ore for refining and/or your own production...
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Guaradar
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Posted - 2007.05.30 17:35:00 -
[18]
Kernite and Omber (the base variants, not the +5% or +10% variants like golden or silvery omber) often sell for more than the minerals are worth because there are storyline missions that require a large amount of the base ore in exchange for some nice implants (I believe 10k Omber for +3 implants, 8k Kernite for +4 implants). Therefore, if you can ship the stuff to the storyline agents stations, you can often make anywhere from 2x to 100x the worth of the minerals (I remember selling Kernite about 9 months ago for 2k PER UNIT, now it's down to about 200-400, but still considerably more than the approximately 100 per unit it's worth in minerals).
Also note that at least in Minmatar space Kernite is only found in low-sec, so that drives its value up a little bit more (but only because it's needed in the missions). If you are just going to be mining and refining, Scordite is worth more than any other high or low-sec ore at the current prices (again, at least in minmatar space), and you can find it in every asteroid belt in the game.
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Guaradar
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Posted - 2007.05.30 17:39:00 -
[19]
Originally by: Bull61
Do your math... Omber is 0.6 m3 per unit, Scordite is 0.15 m3 per unit. Kernite is... (I don't remember!)whatever Kernite is.
Kernite is 1.2 m3 per unit. In other words, multiply the price of Scordite (per unit) by 8 and the price of Omber by 2, and compare both to the price of Kernite. Whatever comes out on top is the one you should probably be mining.
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Tkar vonBiggendorf
Gallente
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Posted - 2007.05.30 18:31:00 -
[20]
The other thing to consider when refining, is that minerals take less space than ore. If there's a better price on the minerals a couple jumps away, refining and saving yourself several trips, and using that extra time to mine some more, can often more than cover the loss of any refining inefficiency in your current skill set.
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Derovius Vaden
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Posted - 2007.05.30 18:33:00 -
[21]
Mine scordite in high security, stay out of low security and 0.0 until you have enough money in your pocket to refit/rebuild your equipment several times over due to being ganked.
Ice mining can be profitable, but its boring as hell.
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Fuhshizzle
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Posted - 2007.05.30 18:36:00 -
[22]
whether omber and kernite gives more money then scordite is immaterial. Its pretty close currently, and anywhere you can find omber/kernite you can definitely find scord, but the inverse is not true.
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Ultath
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Posted - 2007.05.31 03:21:00 -
[23]
So would you guys say mining scrodite in a high sec system (0.9) would be better since I can equip mining drones to mine quicker?
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Imperator Jora'h
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Posted - 2007.05.31 04:23:00 -
[24]
Originally by: Drizit
Originally by: Imperator Jora'h
That said a Hulk is really the only safe way to currently use T2 Strips in hi sec. On a Covetor you are asking for a gank as those strips are valuable and the Covetor pops way too easily. A Hulk would take several battleships to gank and so the economics of it all simply do not add up for the ganker (leave your tank perma running every chance you get...it'll run forever).
A bit off topic but since everyone seems to hail the hulk's tank. What is best on a hulk? Armor or shield tank.
As mentioned Hulk is a shield tanker. Here is "The" Hulk setup. There really is nothing better than this (although pricey it is worth it...or was when Hulks cost 600 million). Note that this takes excellent fitting skills to make happen (darn near perfect fitting skills really):
High-
3x Strips II
Med-
1x Gisti-A Small Shield Booster (yes...SMALL Gisti)
1x Eutectic Cap Recharger
2x NPC Specific Hardeners (T1 NAMED or GIST)
Low-
2x Mining Upgrades
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Mynez
Caldari
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Posted - 2007.05.31 09:53:00 -
[25]
Edited by: Mynez on 31/05/2007 09:53:03
With reference to the above setup, if you plan to stay in high sec and if you have a decent amount of drone skills you don't even need a shield booster or a cap recharger to run it. If you're paying attention 5 small drones or 2 med and one small will take out any and all rats in high sec (0.5 and above at least).
Which is nice because that shield booster runs to about 90m ISK in itself.
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Hammer Judge
Gallente
Southern Cross Incorporated
Rule of Three
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Posted - 2007.05.31 11:03:00 -
[26]
This post about trading is a good guide, to help you make the most cash from your minerals.
http://oldforums.eveonline.com/?a=topic&threadID=487360
--[ My newbie guide for experienced MMO gamers http://hammer-eve.blogspot.com ]-- |
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