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Any point in mining Veldspar?

Author
Paul Otichoda
Perkone
Caldari State
#1 - 2013-07-12 09:11:59 UTC
I'm wondering if there is any point to mining Veldspar?

Its only produces tritanium which is the cheapest ore so you can't get much for it so your ISK an hour is low. For this reason I avoid it and go for the more expensive ores.

The only reason I can see is that you needed a load of tritanium in a hurry for ship building and the like.
MicDeath Titan
No Mans Corp
#2 - 2013-07-12 09:48:09 UTC
Paul Otichoda wrote:
I'm wondering if there is any point to mining Veldspar?

Its only produces tritanium which is the cheapest ore so you can't get much for it so your ISK an hour is low. For this reason I avoid it and go for the more expensive ores.

The only reason I can see is that you needed a load of tritanium in a hurry for ship building and the like.

Because when you run a large fleet, moving said fleet the moment a system is scordite free hurts much more than actually just mining the damn veld.
Paul Otichoda
Perkone
Caldari State
#3 - 2013-07-12 09:53:00 UTC
MicDeath Titan wrote:
Paul Otichoda wrote:
I'm wondering if there is any point to mining Veldspar?

Its only produces tritanium which is the cheapest ore so you can't get much for it so your ISK an hour is low. For this reason I avoid it and go for the more expensive ores.

The only reason I can see is that you needed a load of tritanium in a hurry for ship building and the like.

Because when you run a large fleet, moving said fleet the moment a system is scordite free hurts much more than actually just mining the damn veld.


I was thinking more in terms of solo mining.
Termy Rockling
Sebiestor Tribe
Minmatar Republic
#4 - 2013-07-12 10:00:42 UTC
As solominer its usually best to go for the more valuable ores and even focus on the higher yield rocks of the said ores.
Especially if you mine in the .5 .6 systems where you can find the better stuff more. If/when tritanium is in bigger demand then ofc Veldspar value starts to rise again.
Steve Ronuken
Fuzzwork Enterprises
Vote Steve Ronuken for CSM
#5 - 2013-07-12 10:02:38 UTC
https://www.fuzzwork.co.uk/ore/

Right now, no, not really.

Of course, this can change, if the price of Trit goes up.


As Veld is the easiest ore to lay your hands on, this is a good situation.

Woo! CSM XI!

Fuzzwork Enterprises

Twitter: @fuzzysteve on Twitter

Paul Otichoda
Perkone
Caldari State
#6 - 2013-07-12 10:27:34 UTC
Steve Ronuken wrote:
https://www.fuzzwork.co.uk/ore/

Right now, no, not really.

Of course, this can change, if the price of Trit goes up.


As Veld is the easiest ore to lay your hands on, this is a good situation.


I take it trit will go up when FW heats up at the end of July.
Alisarina
Center for Advanced Studies
Gallente Federation
#7 - 2013-07-12 11:10:31 UTC
OK I don't keep tabs on FW, but what's happening at the end of July that will warrant a potential price hike in trit?
Paul Otichoda
Perkone
Caldari State
#8 - 2013-07-12 12:04:25 UTC
Alisarina wrote:
OK I don't keep tabs on FW, but what's happening at the end of July that will warrant a potential price hike in trit?


start of the summer holidays in uk and other places. A load of users suddenly spend more time on EVE, that means more PvP that mean more loses that means more demand for ships. Ship builders will demand more trit, the price of trit rises. Simple economics
Elena Thiesant
The Scope
Gallente Federation
#9 - 2013-07-12 12:20:46 UTC
Demand for would pyrite rise too in that situation, as would Mex, and all the other minerals (in the ratios the popular ships require).

More time spent on EVE also means more mining, more mission running so more minerals entering the market.
Paul Otichoda
Perkone
Caldari State
#10 - 2013-07-12 12:31:26 UTC
Elena Thiesant wrote:
Demand for would pyrite rise too in that situation, as would Mex, and all the other minerals (in the ratios the popular ships require).

More time spent on EVE also means more mining, more mission running so more minerals entering the market.


that would depend highly on the ratios of players pvping and mining nad I'll admit that when I entered this game I was looking at combat instead of industry so I guess that people who aren't going to get very far into the game isn't going to go mining.
Elena Thiesant
The Scope
Gallente Federation
#11 - 2013-07-12 16:18:58 UTC
A fair amount of newer players mine initially, though probably not all that much in terms of volume.

Just saying, don't assume there will be enough of a price spike in trit for Veld to be more worthwhile to mine that Scordite just as a result of Northern Hemisphere summer.
Tenchi Sal
White Knights of Equestria
#12 - 2013-07-12 17:11:51 UTC
if you're a solo player, better off running lvl 4 missions. if you are in a group constantly, mine everything in site and move on to the next.
Salpad
Carebears with Attitude
#13 - 2013-07-14 04:01:27 UTC
Paul Otichoda wrote:
I'm wondering if there is any point to mining Veldspar?

Its only produces tritanium which is the cheapest ore so you can't get much for it so your ISK an hour is low. For this reason I avoid it and go for the more expensive ores.

The only reason I can see is that you needed a load of tritanium in a hurry for ship building and the like.


Mining is done according to cubic meters (m3) of ore, so look at the value of ore in terms per m3, not per unit.

I can't be arsed to check current prices, but while it may very well be the case that the present price per unit of Veldspar is much lower than the present per-unit price of Scordite, the fact is that the price difference per volume is much smaller.
Bugsy VanHalen
Society of lost Souls
#14 - 2013-07-14 16:41:02 UTC  |  Edited by: Bugsy VanHalen
Salpad wrote:
Paul Otichoda wrote:
I'm wondering if there is any point to mining Veldspar?

Its only produces tritanium which is the cheapest ore so you can't get much for it so your ISK an hour is low. For this reason I avoid it and go for the more expensive ores.

The only reason I can see is that you needed a load of tritanium in a hurry for ship building and the like.


Mining is done according to cubic meters (m3) of ore, so look at the value of ore in terms per m3, not per unit.

I can't be arsed to check current prices, but while it may very well be the case that the present price per unit of Veldspar is much lower than the present per-unit price of Scordite, the fact is that the price difference per volume is much smaller.

^^ this is what so many miners fail to grasp.

This is why Omber price per m3 was so low for so long and still got mined.

It is true that Veldspar and thus tritanium are very low isk per unit. but they are also the smallest m3 per unit.

currently according to cerlestes.de the least valuable ore is omber at 152 isk per m3, veldspar is at 154 and scordite at 193 being the top high sec ore.

Omber is generally the highest isk per unit of any high sec ore, however it is also the biggest m3 per unit. Mining pulls in ore at a specified m3/cycle. What this means to you miners out there, is isk per unit means nothing, it is isk per m3 that you need to pay attention too.

Currently omber is the highest isk per unit high sec ore, but it is the lowest isk per m3. veldspar is more valuable per m3 than omber and plagioclase. Scordite is still the most valuable high sec ore per m3, has been for some time, but with the ore composition changes we have seen the ore values shift back to a ratio closer to where they should be. As I said scordite is the most valuable high sec ore right now, but it is no longer near the top of the charts, in fact the only null sec ores it beats out are spodumain and Gneiss which used to be the bottom two ores for the whole game, now beating out all high sec ores ecept scordite and pyroxeres.

Low sec ores are three of the top 4 ores currently. H & H taking the top two spots followed by arknor and then jaspet.

In my opinion the current order were see in the values of ores is exactly where it should be. The prices may go up and down, but right now the mix is perfect to keep the value of ores in relation to the risk of obtaining them, aside from the fact that low sec ores appear in high sec ore exploration sites. but the volumes in those sites is to small to really have an impact.

To answer the op, the price difference between high sec ores is not that big. from omber to scordite it only ranges from 192 ism/m3 down to 152 ism/m3. While that may seem significant the time and efficiency you lose cherry picking eats up most of that difference. Veldspar is available in every belt in the highest volumes. what it lacks in value it makes up in volume. less wasted cycles, less moving to another belt. the most efficient way to mine in high sec is to strip everything. unless you are farming specific belts you will want to leave a partial cycles worth, but again that costs you time.
Ginger Barbarella
#15 - 2013-07-14 16:44:37 UTC
Paul Otichoda wrote:
I'm wondering if there is any point to mining Veldspar?


Money. Manufacturing. Volume of Trit.

"Blow it all on Quafe and strippers." --- Sorlac

Felicity Love
Doomheim
#16 - 2013-07-15 01:40:06 UTC  |  Edited by: Felicity Love
Paul Otichoda wrote:
I'm wondering if there is any point to mining Veldspar?

The only reason I can see is that you needed a load of tritanium in a hurry for ship building and the like.


This is one of the biggest reasons, but if you want to step up your productivity a few notches then go out and mine the ore(s) that will get you better ISK/hour, get it refined, sell what you don't need (for any given manufacturing projects) and buy your Trit.

You might find this advantageous, you might not. Depends on the scale of your mining efforts and how long you can stare at the screen full of asteroids before your eyes bleed.

Window your EVE session and watch a movie or something while your lazors grind big rocks into little rocks. Blink

"EVE is dying." -- The Four Forum Trolls of the Apocalypse.   ( Pick four, any four. They all smell.  )

joffre lannister
ARAZ Engineering
#17 - 2013-07-15 01:42:42 UTC
I always thought that veldspar produced the highest isk per m3 due to its massive volumes over the other low grade ore.
Steve Ronuken
Fuzzwork Enterprises
Vote Steve Ronuken for CSM
#18 - 2013-07-15 01:51:41 UTC
joffre lannister wrote:
I always thought that veldspar produced the highest isk per m3 due to its massive volumes over the other low grade ore.



Then you've always thought wrong.

Veld used to be an ok ore to mine. But it was never the best. Pyro, for example, always beat it.

It's always worth consulting a calculator to check.

Woo! CSM XI!

Fuzzwork Enterprises

Twitter: @fuzzysteve on Twitter

QuakeGod
Empire Manufacturing
#19 - 2013-07-15 02:19:15 UTC
Yes, it's worth mining Veldspar. It's worth mining everything, actually.

I mine a specific belt and I don't stop until there is nothing left on the overview. Apparently there are still some miners out there who believe in the myth that you can "groom" an asteroid belt by only mining certain rocks. I feel even sorrier for the ones who have a stopwatch and spreadsheet out for every rock trying to take it down to it's last few units. Why not just pop the rock?

It's much more profitable and less time consuming to just wipe out the entire belt. Anything other than that, you are wasting your time. I always have a laugh at those who enter the belt, and sloooooooowly make their way across the belt just to mine the only Massive Scordite rock in the entire belt. Then, once they've mined that rock, they warp out, more than likely to another belt just to scrounge for another single Massive Scordite rock. Pathetic.
MicDeath Titan
No Mans Corp
#20 - 2013-07-15 02:28:16 UTC
QuakeGod wrote:
Yes, it's worth mining Veldspar. It's worth mining everything, actually.

I mine a specific belt and I don't stop until there is nothing left on the overview. Apparently there are still some miners out there who believe in the myth that you can "groom" an asteroid belt by only mining certain rocks. I feel even sorrier for the ones who have a stopwatch and spreadsheet out for every rock trying to take it down to it's last few units. Why not just pop the rock?

It's much more profitable and less time consuming to just wipe out the entire belt. Anything other than that, you are wasting your time. I always have a laugh at those who enter the belt, and sloooooooowly make their way across the belt just to mine the only Massive Scordite rock in the entire belt. Then, once they've mined that rock, they warp out, more than likely to another belt just to scrounge for another single Massive Scordite rock. Pathetic.

I find this funny.
"I mine a specific belt and I don't stop until there is nothing left on the overview. "
Followed by: "Apparently there are still some miners out there who believe in the myth that you can "groom" an asteroid belt by only mining certain rocks."

No wonder you think it is a myth.

"I feel even sorrier for the ones who have a stopwatch and spreadsheet out for every rock trying to take it down to it's last few units. Why not just pop the rock?"
Because wasted cycles add up.

"It's much more profitable and less time consuming to just wipe out the entire belt."
No it isn't. You waste a lot of time moving to a new belt if you mine out the belts every day. You need to let them rest in order to make make the most of it.
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