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Is multibox mining worth it? Alternative ways to make ISK?

Author
Omniflect
Doomheim
#1 - 2013-11-03 07:09:16 UTC  |  Edited by: Omniflect
Hi,

I've been mining with 4 miners, orca and freighter for some time. The ISK is okey, but much of it goes to pay for accounts and I cannot really afk or do anything else because every 30 seconds to 1 minute I hear "The asteroid has depleted" and go search for the character that produced that sound. I'll quit EVE if I continue doing that. Emptying ore, tractor-beaming and transporting takes time too.

I used to play WoW where I was very rich by doing enchanting and crafting jewels. It was not really hard after you've build an excel sheet. I was wondering if turning my miners to manufacturers (do I need all 4 of them?) and building up a POS will make the same ISK with less manual work and more brain effort instead. Can manufacturing be more ISK rewarding? I've tried station trading in Amarr, but you pretty much have to update your prices every 5-30 minutes to be successful. I don't want to devote half of my life to that.

Is it feasible to earn isk by running unautomated multibox miners? What are the alternatives to funding life in EVE? I want to PvP and buy expensive ships but earning ISK takes all my time currently. I'd like to hear some success/fail stories about mining. I'm really lacking the general idea of what is worth my time and what is not.

Fly safe.
Tau Cabalander
Retirement Retreat
Working Stiffs
#2 - 2013-11-03 07:43:21 UTC
If you do anything in EVE you don't enjoy, you are "doing it wrong".

It doesn't seem you really enjoy mining, rather, you are only using it as an income source. You are also discovering that mining isn't an especially good income source.

There are several others ways to earn ISK in EVE, and nearly all of them have a greater income potential than mining.

Example: running level 4 missions in hisec will earn you more than a small mining fleet will.

I spent the day running level 3 missions in a Assault Frigate. Not to earn ISK or grind standing, rather because I strangely enjoy it. Meanwhile, I earn >1.2b a month by spending maybe 10 minutes starting copy jobs and putting up sell contracts. When I want to earn more than that, I build and sell stuff, typically with an aim to minimize the effort.

I could PLEX all my accounts with the ISK I earn, but I choose not to, because that would make maintaining them a job.

So yes it is possible to earn more with less effort. Use your imagination. Do some reading (I've posted on this topic countless times already).
Karak Bol
Low-Sec Survival Ltd.
#3 - 2013-11-03 11:01:55 UTC
There are multiple ways to make money. You have to find what you enjoy doing. I like to train people into becoming hardenend lowseccers, so my current occupation is CEO. My money I make by station trading in Jita. Updating once a day is enough for me, just dont play the 0.01 ISK game, thats wasted time.

I wonder, If you like spreadsheeting and creating stuff, why did you not start doing it from the beginning? Research the market for items you can produce, and that are worth producing. Forget about ship hulls. The market is tough. Build some unusual items, that move a bit slower.
Ekaterina 'Ghetto' Thurn
Department 10
#4 - 2013-11-03 11:37:08 UTC
The prices of minerals are still in a slow decline atm and no end appears in sight regarding this situation. Aside from the significant drop in numbers of pilots online at peak times there does appear to be a move away from mining ore atm. A number of people with little intelligence are collapsing the market by underselling their minerals - probably 'MIMAF' orientated pilots.

If you after something 'afk' it might be worth you looking at PI (planetary interaction) or POS fuel production which links in with PI. As others have said manufacturing is another option if you have the skills.

The current situation both with DUST 514 & EVE is very worrying atm for many reasons. I'm still not sure what to make of it so I'm crossing fingers that the Rubicon release may bring better times. Sad

" They're gonna feel pretty stupid when they find out. " Rick. " Find out what ? " Abraham. " They're screwing with the wrong people. " Rick. Season four.   ' The Walking Dead. ' .

Zifrian
The Frog Pond
Ribbit.
#5 - 2013-11-03 13:35:13 UTC
Manufacturing can take you every waking second to do....or you can make stuff very rarely and just manage your build times.

I know what you are saying but I think doing multiple things is better than just one. I can pay for accounts with plex by manufacturing alone and it's not that time consuming.

Also, maybe look into PI. It can be it's own interesting mini-game.

Maximze your Industry Potential! - Download EVE Isk per Hour!

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Krixtal Icefluxor
INLAND EMPIRE Galactic
#6 - 2013-11-03 13:54:58 UTC
Omniflect wrote:
I'm really lacking the general idea of what is worth my time and what is not.



This ^^ means you have turned EVE into a second career. It's a game. Do what you enjoy doing, or what's the point even ?

"He has mounted his hind-legs, and blown crass vapidities through the bowel of his neck."  - Ambrose Bierce on Oscar Wilde's Lecture in San Francisco 1882

GordonO
BURN EDEN
#7 - 2013-11-03 18:44:40 UTC
EVE is an MMO, find a good corp and learn from them. I doubt AFK mining in HS is going to make you rich. There is so much to do in EVE and making isk isn't that hard. Even a new player in a decent corp can make a ton of isk without making it another job.

... What next ??

Varisto
North Star Science And Industry
#8 - 2013-11-03 22:02:37 UTC
I can only say this. If you dont like something go and find something you like doing. Mining is the easy entry isk makeing for new players, but it tops out pretty fast compared to some others.
Batelle
Federal Navy Academy
#9 - 2013-11-04 03:26:14 UTC
Go take your multiboxing mining setup out to some safe 0.0

Or stop trying to fund all your accounts with PLEX. Maybe fund your main with RL money and your alts with PLEX.

"**CCP is changing policy, and has asked that we discontinue the bonus credit program after November 7th. So until then, enjoy a super-bonus of 1B Blink Credit for each 60-day GTC you buy!"**

Never forget.

Shiloh Templeton
Cheyenne HET Co
#10 - 2013-11-04 04:16:01 UTC
You've been very diligent in setting up a mining operation which indicates you can set goals and execute a plan.

Have you maxed our your skills and equipment so you can maximize yield? Do you have refinery skills/standings so you can get the most value out of the ore? Have you tried ice mining so you don't have to change rocks? Perhaps you should try running fewer ships in your operation so you can relax and enjoy it more.

Since you like spreadsheets have you explored working market trading? That might earn the isk you need to do different things.

Styth spiting
Brutor Tribe
Minmatar Republic
#11 - 2013-11-04 05:25:54 UTC
I mine with an Orca and 4 miners and make pretty descent isk/hour doing it (average about 100M).

1. Not sure why you're using a freighter since you don't really have many miners. You would be better off setting up a small POS + large ship assembly array (hold 15M M3) that you only online while you're mining. Align orca to POS, have miners each start a new cycle, warp Orca. When orca lands start up boosts again, dump ore in the POS and once the miners cycles complete warp back to fleet. This will free up the freighter pilot to mine and increase your isk/hour. With 5 miners + orca you'll only need to haul to POS every 18ish minutes.

2. Use survey scanners. Set each miner to one type of ore (or one to the standard ores while the others mine the 5% and 10% ores). Sort your survey window by amount and have all other ore types collapsed that the specific miner dosen't mine (kernite miner only has kernite related open, etc.) This lets you easily see how much ore is left for each miner and know if you need to do partial cycles (very important in highsec).

3. If you mine alot I would really suggest paying for isboxer. I use it for mining and its fantastic for one simple reason. I have mine setup so 2 buttons on my mouse will scroll though client windows. One click and I can go orca miner miner miner miner etc. So what I do is once a cycle completes hit mouse button and then F4 (survey scanner) do this 4 times then dump ore into orca and look at the survey window to see if I need a partial cycle or not and repeat. I also use a 2nd monitor on my laptop so I can see which client had a strip miner end a cycle.

So overall by getting rid or the useless freighter and watching for partial cycles you'll increase your yield dramatically. With highsec mining you get a partial cycle about every 3 cycles. If you add this up that means you're making about 20% less ore/hour then if you don't use one.
Elmore Jones
New Eden Mining Organisation
The Craftsmen
#12 - 2013-11-04 11:04:44 UTC
If you're happy running 3-4 accounts and want to pay for game via plex, take a look at this vid from EVE Vegs - EVE Vegas 2013: Player Presentation - Total Risk Management for running nullsec combat sites. Rather more lucrative than staring at rocks all day :)

+++ Reality Error 404 - Reboot Cosmos +++

Silvetica Dian
Imperial Shipment
Amarr Empire
#13 - 2013-11-04 12:40:08 UTC
Lots of people play eve to make isk and that is the group of people that are doing it wrong and minimising the fun of eve.
Generally in eve the things that make the most isk involve spreadsheets, brain power, effort or risk.

If you like spreadsheets and research manufacturing is awesome.

If u like brain power then scamming or market pvp might be your thing. (some would say minimal difference anyway)

Exploration and setting up regional markets requires effort and sometimes risk (if done in low /null)

wormholes are effort and risk.

Manufacturing , trading and PI are all fairly passive ways to make isk.

Incursions are good isk for low effort and are kinda out of whack.

The easiest lowest risk stuff is high sec mining and missions. Very little effort, little brain power, little risk. lowest rewards in game. This is how it should be.

There are many great guides to various aspects of the game many of them written by the people who posted above me.

Money at its root is a form of rationing. When the richest 85 people have as much wealth as the poorest 3.5 billion (50% of humanity) it is clear where the source of poverty is. http://www.theguardian.com/commentisfree/2014/jan/20/trickle-down-economics-broken-promise-richest-85

Nolen Cadmar
Caldari Provisions
Caldari State
#14 - 2013-11-04 16:07:22 UTC
As I believe was stated above, mining isn't where the money is. Mining makes a steady amount, but it's rather low. If you want to make better money, get into manufacturing/research. Whether it be building T1/2/3, selling BPC's or researching BPO's and reselling them.

The key is picking the right object. Some make good isk, others don't. Do your research before you start.

Nolen's Spreadsheet Guru Services

Pre-made spreadsheets available covering market, manufacturing and more!

Custom requests welcome!

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Lance Stratos
Sebiestor Tribe
Minmatar Republic
#15 - 2013-11-04 16:33:20 UTC
I am a multiboxer. Mining makes a fair amount of isk in a day with my setup:

8 miners, max yield Mackinaws (3% mining implant) T1 strip miners (Ammo is a pain in the ass beyond 4 characters and a waste of skill training)
2 rorquals (1 boosting with implant, 2nd is a hauler)

I also have a PVP toon which i sometimes sit in the belt and a titan-in-training toon running boosts for shields.

If i am not picky about what i mine (in nullsec with an industry upgraded system) i make about 200-300m isk an hour, 400-500 if i cherry pick; note that this is dependent on if you have a buyer, my corp buys and builds stuff and we adjust prices based on what is needed, IE we have a 45% higher buy order for Mex than Jita because of the lack in nullsec (10% if jumping it in). Ice will make more per hour if you get access to dark glitter, which i use to do until the changes and an alliance change shortly there after.

But i do not just mine with my accounts. I also setup my accounts to do combat too:

Bombers, Oracles, Guardians, Smartbombing battleships, and soon Dreadnoughts (I am currently only missing the capital and dreadnought skill books). later i will get them into triage carriers and probably zealots.

if you want pure isk making you can focus on researching missions and PI, easy multiboxing (pi is now a little harder to multibox from what it use to be). I personally plan charge my alliance/coalition 1 billion per drop of my dreadnoughts, and 200m per siege cycle after the first 2. If they do not want it, they can miss out of the 100k DPS (before tower resists).

I do not mine to make isk, I do market work for my money (importing/exporting/investing). Also mining is slow, which is great for me as I am usually at home relaxing from work.
Shiloh Templeton
Cheyenne HET Co
#16 - 2013-11-05 18:55:37 UTC
Lance Stratos wrote:
I am a multiboxer.

8 miners, max yield Mackinaws (3% mining implant) T1 strip miners (Ammo is a pain in the ass beyond 4 characters and a waste of skill training)
2 rorquals (1 boosting with implant, 2nd is a hauler)

I also have a PVP toon which i sometimes sit in the belt and a titan-in-training toon running boosts for shields.



Wow, you believe in going all-in! Are you in an SOV holding alliance and doing this between battles, or are you in a renter corp and wanted the space to work?
Lance Stratos
Sebiestor Tribe
Minmatar Republic
#17 - 2013-11-05 19:16:02 UTC  |  Edited by: Lance Stratos
Shiloh Templeton wrote:
Lance Stratos wrote:
I am a multiboxer.

8 miners, max yield Mackinaws (3% mining implant) T1 strip miners (Ammo is a pain in the ass beyond 4 characters and a waste of skill training)
2 rorquals (1 boosting with implant, 2nd is a hauler)

I also have a PVP toon which i sometimes sit in the belt and a titan-in-training toon running boosts for shields.



Wow, you believe in going all-in! Are you in an SOV holding alliance and doing this between battles, or are you in a renter corp and wanted the space to work?


I am a sov holding alliance but before when my corp was in an unstable position i did rent for a while. A 1 billion a month rental bill is easy to pay.

I also utilize all my alts for a total of 21 neutral cynos that span most of low and NPC 0.0 to assist in corp or alliance force projection and mobility.
Galadriel Vasquez
Project Omega Industries
Fraternity.
#18 - 2013-11-05 22:26:50 UTC
Get into Null sec and run Anomalies - 100m an hour approx. 23million ticks on the wallet - 3 per hour - plus then you add loot and salvage.

Far more Profitable and fun too!!

If you need minerals set up buy orders for them - or reprocess your Loots.

I have tin foil hat trained to 5.

Mara Rinn
Cosmic Goo Convertor
#19 - 2013-11-08 11:30:06 UTC
Adoris Nolen
Sama Guild
#20 - 2013-11-09 08:39:28 UTC
with 6 accts, look into C5 whs. 2 carriers, 2 dreads, loki & max booster. easily pull in 1b isk an hour.

ofc, you may get seiged, camped, ganked by a 30 man t3 fleet, & other hilarities but its worth it.
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