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Ice mining worth it?

Author
Muffini
#1 - 2012-10-14 20:09:10 UTC  |  Edited by: Muffini
Is this worth it currently?

I know high sec ore prices are through the roof for a variety of reasons, and it would be a good idea to mine ore. The thing is, I have very low SP and almost no options in getting my ore to market and no refining skills. I suppose I could hire a freighter service but this would become very expensive I think?

I was considering mining ice and selling the blocks at station.

Just trying to see if this is a bad idea or what?

Edit: The reason why I'm wary of mining ore and selling it at station are that the buy orders for the different ore types can be all over the place.
Steve Ronuken
Fuzzwork Enterprises
Vote Steve Ronuken for CSM
#2 - 2012-10-14 20:25:55 UTC
Ore is worth more than ice.

Mostly because Ice can be mined with /no/ thought.

Woo! CSM XI!

Fuzzwork Enterprises

Twitter: @fuzzysteve on Twitter

Reticle
Sight Picture
#3 - 2012-10-14 21:10:32 UTC  |  Edited by: Reticle
Muffini wrote:
Is this worth it currently?

I know high sec ore prices are through the roof for a variety of reasons, and it would be a good idea to mine ore. The thing is, I have very low SP and almost no options in getting my ore to market and no refining skills. I suppose I could hire a freighter service but this would become very expensive I think?

I was considering mining ice and selling the blocks at station.

Just trying to see if this is a bad idea or what?

Edit: The reason why I'm wary of mining ore and selling it at station are that the buy orders for the different ore types can be all over the place.

It's totally worth it with some 1 week old retriever characters on a free buddy account.

edit: ore prices- http://ore.cerlestes.de/index.html
Khoul Ay'd
The Affiliation
#4 - 2012-10-14 21:13:06 UTC
Muffini wrote:
The thing is, I have very low SP and almost no options in getting my ore to market and no refining skills. I suppose I could hire a freighter service but this would become very expensive I think?


I'd suggest joining a corp instead of running solo. Any half-way organized corp has either a buy back program or freighter services for corp members. Good ones should have both.

Muffini wrote:
The reason why I'm wary of mining ore and selling it at station are that the buy orders for the different ore types can be all over the place.


Welcome to EVE's player-run market! There's no getting around this so you'll have to learn your markets, Or refer to my first suggestion.

The things we do today we must live with forever.... Think about it

Flurk Hellbron
Science and Trade Institute
Caldari State
#5 - 2012-10-14 21:51:08 UTC
Ice mining worth it?

No
Annunaki soldier
Perkone
Caldari State
#6 - 2012-10-15 09:05:29 UTC
Ice mining worth only when you do something else and it requires attention, so its better than nothing to go to that ice. Everything else has more isk

Ride hard, live with passionĀ 

Mike Adoulin
Happys Happy Hamster Hunting Club
#7 - 2012-10-15 13:23:41 UTC
I tested this with a Procuror specced out for ice harvesting.....and damn if it didn't come out in a dead heat compared to mining hi-sec ore (in a Retty solo, of course), altho mining omber for the isogen is getting very profitable.

Of course, maybe the market is just weird in Sinq.

Note: have no ice refining skills, so its actually better for me to sell the blue ice blocks instead of selling the isotopes etc.....get slightly more iskies that way.

Everything in EVE is a trap.

And if it isn't, it's your job to make it a trap...:)

You want to know what immorality in EVE Online looks like? Look no further than Ripard "Jester" Teg.

Chribba is the Chuck Norris of EVE.

Bugsy VanHalen
Society of lost Souls
#8 - 2012-10-15 14:40:37 UTC
Mike Adoulin wrote:
I tested this with a Procuror specced out for ice harvesting.....and damn if it didn't come out in a dead heat compared to mining hi-sec ore (in a Retty solo, of course), altho mining omber for the isogen is getting very profitable.

Of course, maybe the market is just weird in Sinq.

Note: have no ice refining skills, so its actually better for me to sell the blue ice blocks instead of selling the isotopes etc.....get slightly more iskies that way.


Considering blue ice is almost double the price of the other three right now, I can see how you are doing ok like that.
Celgar Thurn
Department 10
#9 - 2012-10-15 15:52:39 UTC
Muffini wrote:
Is this worth it currently?

I know high sec ore prices are through the roof for a variety of reasons, and it would be a good idea to mine ore. The thing is, I have very low SP and almost no options in getting my ore to market and no refining skills. I suppose I could hire a freighter service but this would become very expensive I think?

I was considering mining ice and selling the blocks at station.

Just trying to see if this is a bad idea or what?

Edit: The reason why I'm wary of mining ore and selling it at station are that the buy orders for the different ore types can be all over the place.


You will have to get your pen & paper out and do the math. I haven't checked for a while but high sec ore is probably still more profitable than unprocessed blocks of ice. Check the prices for ice in Gallente space for obvious reasons in your calculations. If possible check the prices at all the trade hubs (Hek, Rens, Dodixie, Amarr, Jita.) but Jita is probably best avoided as most prices there are slashed to pieces.
Regarding transportation of your ore/ice I thoroughly recommend Red Frog Freight. I think their prices have risen recently but when I used them before building my own Fenrir the freight cost was about 5% of the revenue for a full load (860,000m3.) of VP/SP so that wasn't bad imo. Always leave something for the next man as they say. Blink
I won't give you any more hints. Hehe. Except that if you are serious about mining you will need to train up Refining & Refinery Efficiency both to lvl 5 and the mining crystal skills to lvl 4 for T2 crystals.

Alternatively train up for a BS and do lvl 4 missions or train up for a Scimitar or Onieros and do high sec Incursions instead. Smile
CataCourier
Gordon Industries
#10 - 2012-10-15 16:15:33 UTC
If you're sticking with just one account, then I would recommend staying away from mining if you're only doing it to make ISK. You're much better off working towards mission running/PI than mining with a single account.
Reticle
Sight Picture
#11 - 2012-10-15 17:11:28 UTC  |  Edited by: Reticle
Pay with PLEX? Next time you buy your PLEX, before you redeem it, create a Buddy Trial account and an alt. Fly alt to your main, trade him the PLEX. Have the alt redeem the PLEX and activate the Trial to Subscribed. Collect PLEX reward on the main account. Now you have 51 days of free play time.

Train alt with basic ice mining skills (approx 6 days) and level 3 PI skills (more if you want; do the PI skills first). Create two more PI alts on teh same account. Fly them all to an ice system (or mine ore, it doesn't matter). Setup PI colonies with all 3 characters. Profit, profit, profit. Advantage of ice mining is true AFK if you want to do it that way.

51 days expires, let it lapse, rinse and repeat
Kisuke Riva
Project Stealth Squad
The Initiative.
#12 - 2012-10-16 17:12:49 UTC
Yes, please fly plexes around in shuttles.
Reticle
Sight Picture
#13 - 2012-10-16 18:00:23 UTC  |  Edited by: Reticle
Kisuke Riva wrote:
Yes, please fly plexes around in shuttles.

You can't read. Which means you shouldn't post.

You fly the alt to your main and you trade the PLEX to the ALT. moron
Yuna Talie-Kuo
Laborantem Societatis
#14 - 2012-10-16 19:39:41 UTC  |  Edited by: Yuna Talie-Kuo
Ice Mining used to be profitable, a little more than ore in some cases. (This was before the barge patches)

Nowadays, you could mine ice in a Mackinaw with a 155 cycle time (even better with Orca Boosts, hitting 100 seconds) . And with the market's price, simply isn't worth it.

If you went by an ISK/m3 ratio, ice just falls face first on the pavement. You're better off mining Veldspar.

I don't always do shit. But when I do, it's usually worth doing.