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Dev blog: Aftermath of the Mining Barge Changes (Price Indices – October 2012)

First post
Author
CCP Gargant
C C P
C C P Alliance
#1 - 2012-12-06 15:22:25 UTC  |  Edited by: CCP Phantom
It's that time again! CCP Recurve has a new blog written about the state of price indices after the changes that were made to mining barges and exhumers on August 8th. For those of you who have been waiting for an update on the economic side of EVE Online, this is for you.

Head on over to read the whole thing

Feel free to discuss this blog and leave feedback in this thread.

CCP Gargant | EVE Universe esports Coordinator

Omnathious Deninard
Ministry of Silly Walks.
#2 - 2012-12-06 15:26:20 UTC
So this kinda shows that the barge changes screwed the ice market, maybe ice should become depletable.

If you don't follow the rules, neither will I.

Freezehunter
#3 - 2012-12-06 15:34:50 UTC
Maybe I don't understand macroeconomics, but if people have been mining so damn much compared to the past, how come **** is like 40%-60% more expensive than I remember it 2 years ago if there is such an ore surplus in the system?

Shouldn't prices be going DOWN with all these miners?

Inappropriate signature, CCP Phantom.

Aryth
GoonWaffe
Goonswarm Federation
#4 - 2012-12-06 15:36:46 UTC  |  Edited by: Aryth
Now do one for cruisers!

PS. About 50k of those barges were goons at the very least.

Leader of the Goonswarm Economic Warfare Cabal.

Creator of Burn Jita

Vile Rat: You're the greatest sociopath that has ever played eve.

Dusty Meg
Echelon Research
Goonswarm Federation
#5 - 2012-12-06 15:38:03 UTC
Freezehunter wrote:
Maybe I don't understand macroeconomics, but if people have been mining so damn much compared to the past, how come **** is like 40%-60% more expensive than I remember it 2 years ago if there is such an ore surplus in the system?

Shouldn't prices be going DOWN with all these miners?


Because the main source of minerals back then got took out, The drone alloys

Creater of the EVE animated influence map http://www.youtube.com/user/DustMityEVE

Omnathious Deninard
Ministry of Silly Walks.
#6 - 2012-12-06 15:40:48 UTC
Freezehunter wrote:
Maybe I don't understand macroeconomics, but if people have been mining so damn much compared to the past, how come **** is like 40%-60% more expensive than I remember it 2 years ago if there is such an ore surplus in the system?

Shouldn't prices be going DOWN with all these miners?

After the barge changes titanium went down about 1isk per unit, which is a lot considering. Part of the problem is that there is so much isk in circulation right now. Another thing is most of the people mining are looking for passive afk income in high sec, the system where I base out of I see around 20 afk ice miners.

If you don't follow the rules, neither will I.

Aryth
GoonWaffe
Goonswarm Federation
#7 - 2012-12-06 15:44:09 UTC
One thing I want to point out here before it gets lost in the noise. The spike in production of Procurers and Retrievers had basically nothing to do with their new usefulness. (They aren't). It had everything to do with their increased mineral costs coming in. In some cases 400%+. It was a no brainer hit.

Thank god I already cashed out half my stockpile to recover all my initial investment before this blog hit. Holla.

Leader of the Goonswarm Economic Warfare Cabal.

Creator of Burn Jita

Vile Rat: You're the greatest sociopath that has ever played eve.

Alx Warlord
The Scope
Gallente Federation
#8 - 2012-12-06 15:46:05 UTC
Nice numbers and graphics!!! As an Engineer I really appreciate them!!!

I wonder How a POS revamp would change them... Now the main dificulties of setting up a minning OP in null/ WH space is the lack of usability of the POS... It would probably send more People out of Hi-sec to the unknown to mine and build....
Spugg Galdon
Last Rites.
Villore Accords
#9 - 2012-12-06 15:47:24 UTC
I'd like to see how the new Ore Frigate effects volume of gas mined as well as other data.
Weaselior
GoonWaffe
Goonswarm Federation
#10 - 2012-12-06 15:49:20 UTC
Holy hell we cut empire mining by half.

One out of every two peasants in the entire galaxy either put to the sword or forced to flee in terror that is one hell of a good job hi5s all around

Head of the Goonswarm Economic Warfare Cabal Pubbie Management and Exploitation Division.

Weaselior
GoonWaffe
Goonswarm Federation
#11 - 2012-12-06 15:52:39 UTC
I believe the hulk figures also show that the mining changes - which were based on max yield being the thing that miners should "pay" the most for - were misguided. What miners love - and what they're choosing - is legalized botting: with the current mackinaw setups they need about two minutes of attention per hour. It's clear these need to be rebalanced with this in mind: to get your legalized botting setup you should be the least gank-resistant, not the second-most, while hulks should have the second-most gank resistance.

Head of the Goonswarm Economic Warfare Cabal Pubbie Management and Exploitation Division.

Louis deGuerre
The Dark Tribe
#12 - 2012-12-06 15:53:17 UTC
Nice, lots of graphs. I ******* love graphs ! Lol
Dave Stark
#13 - 2012-12-06 16:01:19 UTC  |  Edited by: Dave Stark
Quote:
Based on the increased diversity of mining barges used, it would seem safe to assume that the changes to mining barges and exhumers turned out well.


yeah, except there isn't. your graphs even show that the only thing to happen was people dumped their hulks for mackinaws since the tiny yield difference wasn't worth sacrificing a better tank, and an ore bay almost equal to the orca's.

ccp, your rebalance for exhumers failed horribly. you simply crowned another king instead of making any meaningful changes, as i predicted in numerous threads before the patch went live.
Zifrian
Aideron Robotics
#14 - 2012-12-06 16:05:06 UTC
Aryth wrote:
One thing I want to point out here before it gets lost in the noise. The spike in production of Procurers and Retrievers had basically nothing to do with their new usefulness. (They aren't). It had everything to do with their increased mineral costs coming in. In some cases 400%+. It was a no brainer hit.

Thank god I already cashed out half my stockpile to recover all my initial investment before this blog hit. Holla.

That's what I thought as well. That graph isn't very useful but maybe a comparison to total market sales at that time would be helpful to see if it was just market activity

The rest of the blog is interesting though.

Why no discussion about rebalancing ores? Abcm are no longer top of the chain like they should be (yes they should be because that's how mining was designed).

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Rengerel en Distel
#15 - 2012-12-06 16:05:22 UTC
Aryth wrote:
One thing I want to point out here before it gets lost in the noise. The spike in production of Procurers and Retrievers had basically nothing to do with their new usefulness. (They aren't). It had everything to do with their increased mineral costs coming in. In some cases 400%+. It was a no brainer hit.

Thank god I already cashed out half my stockpile to recover all my initial investment before this blog hit. Holla.


Yeah, people were wondering how long it was going to take before the prices return to near mineral value ... i guess now we know there's only a stockpile of 250k+ retrievers out there made at the lower cost.

With the increase in shiptoasting, the Report timer needs to be shortened.

Weaselior
GoonWaffe
Goonswarm Federation
#16 - 2012-12-06 16:08:38 UTC
Rengerel en Distel wrote:
Aryth wrote:
One thing I want to point out here before it gets lost in the noise. The spike in production of Procurers and Retrievers had basically nothing to do with their new usefulness. (They aren't). It had everything to do with their increased mineral costs coming in. In some cases 400%+. It was a no brainer hit.

Thank god I already cashed out half my stockpile to recover all my initial investment before this blog hit. Holla.


Yeah, people were wondering how long it was going to take before the prices return to near mineral value ... i guess now we know there's only a stockpile of 250k+ retrievers out there made at the lower cost.


procurers, not retrievers

Head of the Goonswarm Economic Warfare Cabal Pubbie Management and Exploitation Division.

Dave Stark
#17 - 2012-12-06 16:08:58 UTC
Zifrian wrote:
Why no discussion about rebalancing ores? Abcm are no longer top of the chain like they should be (yes they should be because that's how mining was designed).


i have a feeling that they're saving that for a blog about null sec industry as a whole.
Magic Crisp
Amarrian Micro Devices
#18 - 2012-12-06 16:26:23 UTC
the "mining barges" graph, for the larger image, links to the Exhumers_Produced.png, could you please fix this?
Akrasjel Lanate
Lanate Industries
#19 - 2012-12-06 16:27:32 UTC
Graphs Shocked

CEO of Lanate Industries

Citizen of Solitude

ChromeStriker
Sebiestor Tribe
Minmatar Republic
#20 - 2012-12-06 16:28:20 UTC
Graphs \o/

No Worries

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