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Relatively new miner, needs help and tips

Author
Mal-Ak Lah
Pator Tech School
Minmatar Republic
#1 - 2015-01-22 14:25:07 UTC
So I think I can safely say Im not completely new but im still a newbie. Ive been playing for a bit but the way Im mining seems a bit inneffective.
I have a ship making about 3 mil per half hour which feels, very slow. Is there any way to make this more effective so I can get some decent blueprints to produce and sell?
Cara Forelli
State War Academy
Caldari State
#2 - 2015-01-22 14:35:52 UTC  |  Edited by: Cara Forelli
I'll let the experts answer your question about mining as I haven't mined since the tutorial.

Keep in mind there are many other ways to make money, and almost all of them are more "efficient" than mining. Combat is a common choice. For you, I would suggest looking into station trading, if your ultimate goal is production. This will familiarize you with the market and making profits on different products, which is very useful knowledge when producing. It's also a much faster way to build up isk than mining at 6m per hour.

I recently started a trade alt and made 2 billion in the first 2 months (startup capital was 4 million), and nearly doubled it again the next month. Of course I have experience which helps me choose decent items to trade, but it's definitely a manageable endeavor for a new player. If you are interested there are many good guides out there from people who are much better at it than me. Just search "EVE station trading".

Also if you really enjoy mining, station trading can easily be done on the side as you mine (especially if you create an alt or have multiple accounts - else there are some skills that allow you to do it remotely). That way the 6 mil per hour you make is reinvested and working for you as you work.

Want to talk? Join my channel in game: House Forelli

Titan's Lament

Solonius Rex
Federal Navy Academy
Gallente Federation
#3 - 2015-01-22 15:06:57 UTC
Mal-Ak Lah wrote:
So I think I can safely say Im not completely new but im still a newbie. Ive been playing for a bit but the way Im mining seems a bit inneffective.
I have a ship making about 3 mil per half hour which feels, very slow. Is there any way to make this more effective so I can get some decent blueprints to produce and sell?


If you are mining alone in a T1 mining barge with T1 Strip miners, then 3 million per half hour sounds about right.

There are several ways to increase your profit, but they largely rest on either getting better skills, or fleeting and forming up with other people.

If you form up with other people, they can offer you boosts and orca support which will increase your yeild.

Other than that, if you are mining alone with only 1 character, the only thing you can do is get better skills so that you can fly and use T2 modules/ships. These will increase your isk to about 4-5 mill per half hour. Probably reach 6, if you ignore tank, and fit for yeild, but i do not recommend this, as it will make you an easier target.

Try skilling up for the Modulated Strip Miner 2, and get the relevant reprocessing skills to be able to use the Tech 2 crystals. I generally stay away from T2 mining ships, as i dont see them as worth the cost with regards to the risk of losing them. But they will increase your yeild as well.

Also remember that good reprocessing skills will allow you to increase your profit by about 10%. So if you have 100 million isk worth of Ore, and you refine it with good standings and good reprocessing skills, you will end up with about 110 million isk worth of minerals.

If you think that mining is something that should be netting you 100 mill an hour, youve chosen the wrong profession. Mining alone in hisec nets you about 10-12 mill an hour, at most.

Send me a mail, i have a mining alt I use and have a friend who offers me free boosts with his mining foreman 5, and i sometimes mine when im bored.
Ralph King-Griffin
New Eden Tech Support
#4 - 2015-01-22 15:12:35 UTC
Best advice I can give,

stop mining

If you you're enjoying it, fine, as you were.
if you're not, stop.

Don't think that just because you're new you have to,
there's plenty of better and more engaging ways to make isk.
Mal-Ak Lah
Pator Tech School
Minmatar Republic
#5 - 2015-01-22 15:16:26 UTC
Ralph King-Griffin wrote:
Best advice I can give,

stop mining

If you you're enjoying it, fine, as you were.
if you're not, stop.

Don't think that just because you're new you have to,
there's plenty of better and more engaging ways to make isk.


Doesn´t matter to me, whatever makes the most ISK is what I want but I dont want to take to big risks, meaning dying. What other alternatives are there?
Chal0ner
Hideaway Hunters
The Hideaway.
#6 - 2015-01-22 15:21:52 UTC  |  Edited by: Chal0ner
Mal-Ak Lah wrote:
Ralph King-Griffin wrote:
Best advice I can give,

stop mining

If you you're enjoying it, fine, as you were.
if you're not, stop.

Don't think that just because you're new you have to,
there's plenty of better and more engaging ways to make isk.


Doesn´t matter to me, whatever makes the most ISK is what I want but I dont want to take to big risks, meaning dying. What other alternatives are there?


Trade is the thing it sounds like.
You can probably **** people off enough for them to want to gank you, but if you never undock - or use alts for hauling stuff when there is a need ...

Most other activities involve "risks, meaning dying" in some form or other.

EDIT: Come to think of it, hauling also involves "risks, meaning dying" depending on the value of what you haul.
Commander Cute
Capsuleer Retirement Home
#7 - 2015-01-22 15:23:01 UTC
Mal-Ak Lah wrote:

Doesn´t matter to me, whatever makes the most ISK is what I want but I dont want to take to big risks, meaning dying.

Mal-Ak Lah wrote:
I dont want to take to big risks, meaning dying.

Mal-Ak Lah wrote:
dying.

Catalyst soon coming to a system near you.
Mal-Ak Lah
Pator Tech School
Minmatar Republic
#8 - 2015-01-22 15:29:05 UTC
Chal0ner wrote:
Mal-Ak Lah wrote:
Ralph King-Griffin wrote:
Best advice I can give,

stop mining

If you you're enjoying it, fine, as you were.
if you're not, stop.

Don't think that just because you're new you have to,
there's plenty of better and more engaging ways to make isk.


Doesn´t matter to me, whatever makes the most ISK is what I want but I dont want to take to big risks, meaning dying. What other alternatives are there?


Trade is the thing it sounds like.
You can probably **** people off enough for them to want to gank you, but if you never undock - or use alts for hauling stuff when there is a need ...

Most other activities involve "risks, meaning dying" in some form or other.

EDIT: Come to think of it, hauling also involves "risks, meaning dying" depending on the value of what you haul.


How does trading work? Shortly put I mean
Winter Archipelago
Autumn Industrial Enterprises
#9 - 2015-01-22 16:02:44 UTC
In EVE, everything is a risk. If you don't want to take risks, then honestly, EVE probably isn't the game for you.

To answer your question about trading, though, it's where you purchase from Buy Orders (the ones on the bottom) and sell via Sell Orders (the ones on the top). You want to buy high, and sell low, meaning you'll need to keep a market order up at the top of the Buyers list, and when you get the item(s), keep reducing the price to keep it at the bottom of the Sellers list.

This involves plenty of risk on its own, though, even if you aren't going to die from it, as you have to invest a decent amount of ISK before you can actually make a decent amount of ISK.

As for financial opportunities in general, you may want to give ISK: The Guide a try (http://www.isktheguide.com/). Just understand that EVE is a game of risks, and higher risks generally means higher rewards. Being afraid of losing a ship in EVE is a quick way to end up hating the game and rage-quitting.
Mal-Ak Lah
Pator Tech School
Minmatar Republic
#10 - 2015-01-22 16:15:04 UTC
Winter Archipelago wrote:
In EVE, everything is a risk. If you don't want to take risks, then honestly, EVE probably isn't the game for you.

To answer your question about trading, though, it's where you purchase from Buy Orders (the ones on the bottom) and sell via Sell Orders (the ones on the top). You want to buy high, and sell low, meaning you'll need to keep a market order up at the top of the Buyers list, and when you get the item(s), keep reducing the price to keep it at the bottom of the Sellers list.

This involves plenty of risk on its own, though, even if you aren't going to die from it, as you have to invest a decent amount of ISK before you can actually make a decent amount of ISK.

As for financial opportunities in general, you may want to give ISK: The Guide a try (http://www.isktheguide.com/). Just understand that EVE is a game of risks, and higher risks generally means higher rewards. Being afraid of losing a ship in EVE is a quick way to end up hating the game and rage-quitting.


Im actually thinking of buying (real life) and selling a plex (isk) to get a start off.
Celestial Starfire
Center for Advanced Studies
Gallente Federation
#11 - 2015-01-22 16:16:23 UTC
god don't listen to these ppl.

Mining is very profitable and will depend on what else you want to do. its a supplimental income that helps allot of people
when I mine I make 17m per hour, you can reach 32m with friends and protection in hulks and with rorqal support.


mining is and never will be the only thing you'll do in this game so yes plan on doing other things.
most will mine when they need a break and watch you tube ect. which is why there are allot of quiet ships in space.

dont believe me? well there are miners in every belt so take their word for it

If you like to nick pick things i would suggest mining while you research industry and learn how to build things. this is what I do, I produce 2 bill a week in T2 ships which make me a decent profit and require very little hauling with my various POS's

I can sit in a belt and mine while i invent, build and research or even while I am jumping or running missing arch

but mining is where your base income will start unless you go for busy mission running that wont make yo much until you get more ship skills.

so play both keep them all in mind when skilling up -mining, ships, shields and weapons, learn bout shield resists and weapon damage types (there are 4 of each)

now back to mining, skill for the procurer so most will leave you alone, a retriever is nice but it will be killed every other day.

last but not least download Eve Isk per hour and plug in your skills and API and do some mining research on what ships make what, while remembering that MACK, Retrievers and hulks may make you lots of cash they are costly losses, in the end a skiff is the way to go as it matches what a Mack can make but takes allot of skill to actually see that outcome.


Find friends as friends will help boost your mining yield in fleets, but not just any one, only ask avid miners that you know are miners, others will allow you to join fleet and then just legally kill you and salvage your lifeless corpse


If you want major cash then you need things like WH skills where you can make several billion a week killing sleepers, but i make that and more in industry so I'm happy mining away running blueprints and picking fights with local WHs and killing gankers, EVE is fun so skill for it!
Thomas Builder
Center for Advanced Studies
Gallente Federation
#12 - 2015-01-22 16:19:10 UTC
Mal-Ak Lah wrote:
How does trading work? Shortly put I mean
There's station trading, region trading and cross-region trading. You always profit from others laziness.

Station trading is what Winter wrote. Selling with Sell orders takes more time than selling instantly to a Buy order, so you provide a service where people can sell & buy instantly from your orders and you pocket the difference between them.

Region trading is trading within a region. This usually involves hauling. Quite often from a trade hub to a mission hub, so people can sell their loot & buy ammo&modules in the mission hub, while you then sell&buy it for a profit at the trade hub. You don't need to haul yourself. You can limit yourself at finding profitable items and then use courier contracts to have others haul for you.

Finally, cross-region trading involves finding things that have a big difference in price between regions. Because the in-game market only shows prices within the same region, there's usually a bigger spread in prices between regions than between systems in the same region, as most players are unaware how much something sells outside their region. As the game doesn't give you the information, you will need 3rd party tools and/or alts for that. Also, it involves hauling over bigger distances, which you almost always want to outsource to someone else. This can be combined with station trading, but sometimes you can even make a quick profit by buying from Sell orders and than selling to Buy orders in another station. Be aware of margin trading scams though. Be very suspicious if it looks to good to be true. Nobody is that lazy that they give up a billion ISK to avoid moving things within the same system.

There are other risks as well. If you haul yourself, there is risk that someone shoots you. And even if you don't haul yourself, there is risk that the market is inflated and prices drop before you can sell, leaving you with a worthless inventory.
Celestial Starfire
Center for Advanced Studies
Gallente Federation
#13 - 2015-01-22 16:21:28 UTC
Also to note you' should pay the $38 for 3 months, this will allow you to keep the isk you make in your pocket, after the 3 months you'll have no problems buying a 800m PLex every month, it's possible now but it will make you fell poor for the first few months and may make you hate the game.
J'Poll
School of Applied Knowledge
Caldari State
#14 - 2015-01-22 16:26:44 UTC
Mal-Ak Lah wrote:
So I think I can safely say Im not completely new but im still a newbie. Ive been playing for a bit but the way Im mining seems a bit inneffective.
I have a ship making about 3 mil per half hour which feels, very slow. Is there any way to make this more effective so I can get some decent blueprints to produce and sell?


To be of any assistance:

What are your skills?

What are you flying?

How have you fit your ship?

What are you mining?

Are you selling ores or do you first refine?

How are your standings in case of refining?

How good is your base station refine stat?



You arw asking for help, without giving us any clue on how to help you.

Personal channel: Crazy Dutch Guy

Help channel: Help chat - Reloaded

Public roams channels: RvB Ganked / Redemption Road / Spectre Fleet / Bombers bar / The Content Club

J'Poll
School of Applied Knowledge
Caldari State
#15 - 2015-01-22 16:28:22 UTC  |  Edited by: J'Poll
Mal-Ak Lah wrote:
Ralph King-Griffin wrote:
Best advice I can give,

stop mining

If you you're enjoying it, fine, as you were.
if you're not, stop.

Don't think that just because you're new you have to,
there's plenty of better and more engaging ways to make isk.


Doesn´t matter to me, whatever makes the most ISK is what I want but I dont want to take to big risks, meaning dying. What other alternatives are there?


Make most ISK and mining NEVER go hand in hand.


What else....a huge list after all you are in a sandbox.

Missions
incursions
ratting
exploration
trade
scamming
theft
piracy
etc. etc.



But with an ISK goal, I will give you about 6 months till you get bored and leave.

Personal channel: Crazy Dutch Guy

Help channel: Help chat - Reloaded

Public roams channels: RvB Ganked / Redemption Road / Spectre Fleet / Bombers bar / The Content Club

J'Poll
School of Applied Knowledge
Caldari State
#16 - 2015-01-22 16:30:05 UTC
Mal-Ak Lah wrote:
Chal0ner wrote:
Mal-Ak Lah wrote:
Ralph King-Griffin wrote:
Best advice I can give,

stop mining

If you you're enjoying it, fine, as you were.
if you're not, stop.

Don't think that just because you're new you have to,
there's plenty of better and more engaging ways to make isk.


Doesn´t matter to me, whatever makes the most ISK is what I want but I dont want to take to big risks, meaning dying. What other alternatives are there?


Trade is the thing it sounds like.
You can probably **** people off enough for them to want to gank you, but if you never undock - or use alts for hauling stuff when there is a need ...

Most other activities involve "risks, meaning dying" in some form or other.

EDIT: Come to think of it, hauling also involves "risks, meaning dying" depending on the value of what you haul.


How does trading work? Shortly put I mean


Buy low, sell higher.

Personal channel: Crazy Dutch Guy

Help channel: Help chat - Reloaded

Public roams channels: RvB Ganked / Redemption Road / Spectre Fleet / Bombers bar / The Content Club

Memphis Baas
#17 - 2015-01-22 16:52:02 UTC
This game is an MMO, which means that a lot of the activities are designed for groups. For example if you're trying to mine so you can manufacture stuff, it will be too slow. Production is not a "craft" like in other games, it's an industry. You need the output of many miners, and even moon or planetary extracts, to make some of the ships.

So whenever this setup happens in a game, players end up having to use the market / auction house as intermediary. Mine -> refine -> sell minerals. Someone else buys huge quantities of minerals -> produces ships -> sells them. Others buy the ships -> shoot them up in PVP.

The profit comes from all the buying and selling activities, but you need to have money to invest before you can make money. So your idea of turning a PLEX into 700 million startup capital is ok. Just realize that it's not exactly easy to make profit after that, you still have to work or be smart about it.

Activities in high sec will yield less profit than activities in low or null sec space. The ores you can mine are crappy, the missions don't pay out as much and the NPC targets you kill are weak and have small bounties. Production does happen in high sec because of the security, but your customers who buy ships may be in lawless space, so they'll pay less because they have to come and transport the ships to the war zone themselves.

Otherwise, you're looking at get-rich-quick schemes, which depend on luck. Scam someone out of a few hundred million. Suicide-gank a fat target of opportunity. Join a corp that happens to be rich and clueless and steal all their stuff. You may make money, you may go a month without anything.
Mal-Ak Lah
Pator Tech School
Minmatar Republic
#18 - 2015-01-22 17:00:04 UTC
J'Poll wrote:
Mal-Ak Lah wrote:
Chal0ner wrote:
Mal-Ak Lah wrote:
Ralph King-Griffin wrote:
Best advice I can give,

stop mining

If you you're enjoying it, fine, as you were.
if you're not, stop.

Don't think that just because you're new you have to,
there's plenty of better and more engaging ways to make isk.


Doesn´t matter to me, whatever makes the most ISK is what I want but I dont want to take to big risks, meaning dying. What other alternatives are there?


Trade is the thing it sounds like.
You can probably **** people off enough for them to want to gank you, but if you never undock - or use alts for hauling stuff when there is a need ...

Most other activities involve "risks, meaning dying" in some form or other.

EDIT: Come to think of it, hauling also involves "risks, meaning dying" depending on the value of what you haul.


How does trading work? Shortly put I mean


Buy low, sell higher.


how am I going to find the prices?
I just go somewhere, buy and sell somewhere else more expensive?
Ralph King-Griffin
New Eden Tech Support
#19 - 2015-01-22 17:03:38 UTC  |  Edited by: Ralph King-Griffin
Mal-Ak Lah wrote:


how am I going to find the prices?
I just go somewhere, buy and sell somewhere else more expensive?

pretty much.

if you want to make good money doing anything in eve you will need to risk something,
trading is no different.

this might help https://eve-central.com/ Blink
Cara Forelli
State War Academy
Caldari State
#20 - 2015-01-22 17:14:39 UTC
Mal-Ak Lah wrote:
how am I going to find the prices?
I just go somewhere, buy and sell somewhere else more expensive?

-Trading 101
-How to identify items to trade

Many traders never even leave the station. Often you can set a "buy order" which people can sell to "immediately" and then relist the item at a higher priced "sell order" that people can buy from "immediately". You keep the difference in price (profit) as a "convenience fee" for holding on to the items while you are waiting for them to sell, so that others can buy/sell instantly.

If you are in interested in that type of trading I recommend you go to a trade hub. The biggest trade hub systems in approximate order of size are...Jita, Amarr, Dodixie, Rens, and Hek. Jita is much larger than any of the rest so items move through quicker. Depending on your strategy this could mean updating orders more often to deal with the increased competition. I'd probably recommend Amarr or Dodixie for a first time trader.

Want to talk? Join my channel in game: House Forelli

Titan's Lament

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