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Why doesnt mining make more isk?

Author
Dave stark
#21 - 2014-10-29 13:55:46 UTC  |  Edited by: Dave Stark
because ore is worth like 17 isk/unit for veldspar.

that is the reason, and that alone.

Jonah Gravenstein wrote:
Jegrey Dozer wrote:
Generally speaking, risk is proportional to ISK/hour.

Edit:
Oh and as a side remark, you make more ISK with 2 mining ships with no boosts compared to your current setup.
IIRC it's around 4 miners before boosts pay for themselves, at least in the case of an Orca.


considering an orca's links gives you just over a 50% boost in yield, as soon as you get to 3 accounts it's paying for itself.
Jonah Gravenstein
Machiavellian Space Bastards
#22 - 2014-10-29 14:03:37 UTC
Dave Stark wrote:

Jonah Gravenstein wrote:
IIRC it's around 4 miners before boosts pay for themselves, at least in the case of an Orca.


considering an orca's links gives you just over a 50% boost in yield, as soon as you get to 3 accounts it's paying for itself.
Thanks for the correction Dave, it's been a while since I've used my Orca and alt mining accounts so my recollection is a bit dusty.

In the beginning there was nothing, which exploded.

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Petre en Thielles
Doomheim
#23 - 2014-10-29 14:19:59 UTC
Cant tell Ifserious wrote:
I have a ishtar that makes about 21mil a tick in nullsec or around 80+mil an hour ratting hubs etc. Then i have a Rorq with max boosts and a mackinaw on another character mining, i cant even make close to that in nullsec.

Why is this? Why does 1 character make more isk than 2. Why does a 200mil ship make more than a 2.5bil+ ship combo make less?

shouldnt group play make more isk?
ccp pls :(


Mining isn't a profession. Mining is part of the industry profession. You can make a substantial amount from mining if you start producing stuff from the ore.
Dave stark
#24 - 2014-10-29 17:19:00 UTC
Jonah Gravenstein wrote:
Dave Stark wrote:

Jonah Gravenstein wrote:
IIRC it's around 4 miners before boosts pay for themselves, at least in the case of an Orca.


considering an orca's links gives you just over a 50% boost in yield, as soon as you get to 3 accounts it's paying for itself.
Thanks for the correction Dave, it's been a while since I've used my Orca and alt mining accounts so my recollection is a bit dusty.


for future reference. compared to a solo miner, boosts give you somewhere just over 70% extra yield i think. however when comparing an orca boosted miner to one being boosted just by fleet boosts (so like, 15% yield from a mindlinked squad leader etc) it drops to just over 50% which still makes it worth getting the orca as your third pilot.

which is nice because it means the point for adding an orca is always 3 pilots (unless you don't have a mindlink because you're cheap)
Medalyn Isis
Doomheim
#25 - 2014-10-29 17:21:34 UTC
Peons, a Rorqual will pay for itself with just one miner. ;)
Veers Belvar
Swordmasters of New Eden
#26 - 2014-10-29 17:23:14 UTC
Because its effortless and can easily be done AFK/boxing/botting? If anything it should offer even less rewards, and there should be active involvement required so that it cannot be done AFK.
Petre en Thielles
Doomheim
#27 - 2014-10-29 17:57:38 UTC
Veers Belvar wrote:
Because its effortless and can easily be done AFK/boxing/botting? If anything it should offer even less rewards, and there should be active involvement required so that it cannot be done AFK.


So we need to kill more miners in high sec so that the reward for mining goes down?

Great suggestion. I think I will do a bit of that tonight.
Regnag Leppod
Doomheim
#28 - 2014-10-29 18:03:27 UTC
Petre en Thielles wrote:
You can make a substantial amount from mining if you start producing stuff from the ore.


Bullshit. You can break even or get a small profit on top of it, nothing more, and the only way you're going to make any profit is by opening up Excel and turning Eve into a *JOB*.
Most modules and ships you might want to build you are competing with builders who have perfect BPO's, and half of them sell their product at a loss over mineral value.
Veers Belvar
Swordmasters of New Eden
#29 - 2014-10-29 18:16:08 UTC
Petre en Thielles wrote:
Veers Belvar wrote:
Because its effortless and can easily be done AFK/boxing/botting? If anything it should offer even less rewards, and there should be active involvement required so that it cannot be done AFK.


So we need to kill more miners in high sec so that the reward for mining goes down?

Great suggestion. I think I will do a bit of that tonight.


No, you need to find a way to permanently shut down the 50 ship russian bot fleets. Killing one miner may make you feel good, but it won't actually solve the problem.
sereneabt
#30 - 2014-10-29 18:17:06 UTC
Xavier Holtzman wrote:
Cant tell Ifserious wrote:
I have a ishtar that makes about 21mil a tick in nullsec or around 80+mil an hour ratting hubs etc. Then i have a Rorq with max boosts and a mackinaw on another character mining, i cant even make close to that in nullsec.

Why is this? Why does 1 character make more isk than 2. Why does a 200mil ship make more than a 2.5bil+ ship combo make less?

shouldnt group play make more isk?
ccp pls :(


Because of Falcon.



Stop messing around with the classics

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...as long as you pay me

Vol Arm'OOO
Central Co-Prosperity Union
#31 - 2014-10-29 18:42:10 UTC
IMO the only way to make money by mining is by shooting miners.

OTH occasionally I do mine. But for me its the zen like nature of mining that is the attraction - so mining is its own reward.

I don't play, I just fourm warrior.

Pen Ris
Eden Risk Management
Fedaykin.
#32 - 2014-10-29 18:54:40 UTC
Petre en Thielles wrote:

Mining isn't a profession. Mining is part of the industry profession. You can make a substantial amount from mining if you start producing stuff from the ore.


Because the stuff you mine is free so the profits are bigger. amiright?
Ima Wreckyou
The Conference Elite
The Conference
#33 - 2014-10-29 18:59:24 UTC
Because Highsec
DaReaper
Net 7
Cannon.Fodder
#34 - 2014-10-29 19:34:50 UTC
mining though I love it, is the lowest rung of the industry chain.

Its the equivlant of being a simple miner in real life and mining something like coal, and expecting to be as rich as the guys who turn that coal into something else.

Its decent isk, but its not a way to get rich fast. If you wan tto make more money you need to move up the food chain and make stuff.

Mining is a simple task so there are TONS of minerals on the market, thus flooded, thus prices for ore are kept relatively low

OMG Comet Mining idea!!! Comet Mining!

Eve For life.

Cant tell Ifserious
Dark Venture Corporation
Kitchen Sinkhole
#35 - 2014-10-29 19:37:10 UTC
WhyYouHeffToBeMad IsOnlyGame wrote:
Because you are doing it WRONG.

Mining is BORING and intended for industrial material supply, not for pressing F1 and going AFK.



what do you think ishtar ratting is?
Petre en Thielles
Doomheim
#36 - 2014-10-29 19:43:42 UTC
Regnag Leppod wrote:
Bullshit. You can break even or get a small profit on top of it, nothing more, and the only way you're going to make any profit is by opening up Excel and turning Eve into a *JOB*.
Most modules and ships you might want to build you are competing with builders who have perfect BPO's, and half of them sell their product at a loss over mineral value.


Yes, you have to use a few spreadsheets, but if you do you can make a lot of ISK. Yes, you need to have connections to research BPOs, have connections to have a perfect nullsec refiner refine your ore, etc...but this IS a social game. If you don't want to do all that, I understand, but that is the 'endgame' of mining.

Veers Belvar wrote:
No, you need to find a way to permanently shut down the 50 ship russian bot fleets. Killing one miner may make you feel good, but it won't actually solve the problem.


Shut down bot fleets? If you see one, report it. Botting is not allowed per EULA.

Pen Ris wrote:
Because the stuff you mine is free so the profits are bigger. amiright?


No, because there are certain items (if you follow the market) that are cheap to make and sell for substantially more than their raw materials. Find a buddy who can research BPOs for you, find a buddy who has perfect refining, and get to your spreadsheets.
Cancel Align NOW
Royal Amarr Institute
Amarr Empire
#37 - 2014-10-29 19:47:29 UTC
Regnag Leppod wrote:
Petre en Thielles wrote:
You can make a substantial amount from mining if you start producing stuff from the ore.


Bullshit. You can break even or get a small profit on top of it, nothing more, and the only way you're going to make any profit is by opening up Excel and turning Eve into a *JOB*.
Most modules and ships you might want to build you are competing with builders who have perfect BPO's, and half of them sell their product at a loss over mineral value.



1. Get a perfect BPO. It is much easier now than it ever has been to have perfect BPO's.

2. High-Sec regional market variance is over 30% in some high volume low yield items. Don't join the rush to the bottom in the busiest places. Find a small niche area and enjoy the lack of competition.

or

3. Some low sec/0.0 hubs have 70% - 120% variance from the across regional average. Some low sec/0.0 regions have no hubs.

There are plenty of places to maximise your profits - your time investment in market research will pay dividends - it can also be done while your mining fleet is grinding the rocks.
Hasikan Miallok
Republic University
Minmatar Republic
#38 - 2014-10-29 22:12:05 UTC  |  Edited by: Hasikan Miallok
Emma Muutaras wrote:


ive done a little mining and i cant go afk for any longer than 5 mins, stripminers tend to mine out a roid in 2 cycles at which point i need to relock a new roid and activate the stripminers again on top of that the ore hold fills up 2 quick to go afk for for more than 10 mins not to mention nullsec belt rats do hurt even in a skiff going afk is not advisable.

unless your mining buddys are using a decent bot to jetcan and warp off if rats turn up. i cant see how they can go afk and watch a movie or cook dinner


Not my experience, though have not mined for years. So long as you scan the rocks and choose the good ones you get at least 10 minutes a rock maybe more and that was in a fleet with an orca and mining boosts. You must be in crap belts. As far as rats go someone in your fleet is likely to be on even if you are not plus a large fleet does mean an awful lot of warriors out.

Regardless ... even if you mine on a second screen so you can keep an eye on things, while playing Farmtown or Candy Crush in Facebook on your main screen, mining is a low attention activity that lets you do other stuff at the same time and hence lots of people do it and that reduce the income.
Decian Cor
Stronghelm Corporation
Solyaris Chtonium
#39 - 2014-10-29 22:14:10 UTC
1) stop mining
2) shoot things
3) Profit

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Vimsy Vortis
Shoulda Checked Local
Break-A-Wish Foundation
#40 - 2014-10-29 22:55:59 UTC
Shooting rats straight up gives you isk. Ore is only worth what other players are willing to pay for it.