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Not a stealth buff mineral prices thread
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Viziam
Amarr Empire
#1 - 2013-08-27 14:55:11 UTC
I have run some numbers and I'm left a little confused about something I hope my fellow miners can assist with. Is it just me or are mineral prices very low. And I mean very low.

Not counting boosts or other grid mechanics; in a fairly skilled miner pilot I can get 17.34 m3 per second. Depending on the rock being mined that comes out to be about 3.4 million per tick (20 minutes). For almost less effort I can run a heaven and get 30+ million ticks ( not even in a carrier).

A). What am I doing wrong;
B). Why are mineral prices so low?
William Walker
Dark Venture Corporation
Kitchen Sinkhole
#2 - 2013-08-27 14:59:07 UTC
Mining barge and exhumer changes, me presumes. You are doing only one thing wrong: mining.

ヽ(⌒∇⌒)ﾉ へ(゜∇、°)へ (◕‿◕✿)
Nalha Saldana
Aliastra
Gallente Federation
#3 - 2013-08-27 15:02:42 UTC
Everything in eve is balanced with isk/effort and the effort to do semi-AFK mining is low for a lot of people so therefor the prices are low.
Ckra Trald
Ckra Trald Corporation
#4 - 2013-08-27 15:06:18 UTC
Heres a tip: dont mine

miners are the people who were told early on in their eve career that everything else is risky/bad

i make more isk begging in jita than mining

http://www.rusemen.com/ Join Tengoo xd
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Viziam
Amarr Empire
#5 - 2013-08-27 15:43:29 UTC
I understand the risk / reward concept, but to be honest I feel more safe running a heaven in null-sec than mining there - which seems wrong. Perhaps it is anomalies that pay too much and maybe there should not be bounties, but without drastic increases in mineral prices why would anyone in their right mind mine - especially if making money is there goal.

What sort of M3 do you get if your boosted?
Vincent Athena
Photosynth
#6 - 2013-08-27 15:53:31 UTC
I know a guy who mines with 7 hulks, all Orca boosted. He gets about 5500 cu m from each Hulk every 2 minute cycle. All together, that's 19250 cu m per minute. At 150 ISK per cu m, that's 2.9 mil a minute, or 173 million an hour.

Know a Frozen fan? Check this out

Frozen fanfiction
Johan Toralen
IIIJIIIITIIII
#7 - 2013-08-27 15:59:13 UTC
You do peasant work you get peasant pay.
TheBlueMonkey
Center for Advanced Studies
Gallente Federation
#8 - 2013-08-27 16:05:29 UTC
Press TabQuick wrote:

A). What am I doing wrong;


You're mining
Desert Ice78
Gryphons of the Western Wind
#9 - 2013-08-27 16:12:17 UTC
Vincent Athena wrote:
I know a guy who mines with 7 hulks, all Orca boosted. He gets about 5500 cu m from each Hulk every 2 minute cycle. All together, that's 19250 cu m per minute. At 150 ISK per cu m, that's 2.9 mil a minute, or 173 million an hour.


Which across the eight toons you've specified equals.....21mil ISK an hour per toon.

Maybe, just maybe, mine because you enjoy it?

I am a pod pilot: http://dl.eve-files.com/media/corp/DesertIce/POD.jpg

CCP Zulu: Came expecting a discussion about computer monitors, left confused.
Rengerel en Distel
#10 - 2013-08-27 17:35:46 UTC
At 20M isk/hr, you need 1 hr a day to PLEX the account. There are many things which pay better and faster, but a lot of people mine to relax, and the isk is a bonus.

With the increase in shiptoasting, the Report timer needs to be shortened.
Solstice Project
Sebiestor Tribe
Minmatar Republic
#11 - 2013-08-27 17:50:34 UTC
Vincent Athena wrote:
... cu m ... cu m ... cu m
Tell me that wasn't intentional...
Solstice Project
Sebiestor Tribe
Minmatar Republic
#12 - 2013-08-27 17:54:17 UTC
Press TabQuick wrote:
I understand the risk / reward concept, but to be honest I feel more safe running a heaven in null-sec than mining there - which seems wrong. Perhaps it is anomalies that pay too much and maybe there should not be bounties, but without drastic increases in mineral prices why would anyone in their right mind mine - especially if making money is there goal.

What sort of M3 do you get if your boosted?
You're seeing this the wrong way.
You mistake a number as value. It's not.

It doesn't matter if you make 20 Mill / hour or 100 Mill / hour mining ore,
because if prices for minerals go up,
prices for everything built with these minerals also go up.

In the long term, you always earn the same value,
even if the amount differs.

So if you mine and make 100 Mill/h, mineral prices will be high,
which means everything produced by said minerals costs more too,
meaning you can't buy more for your 100 Mill/h compared to 20 Mill/h.


Numbers don't necessarily mirror value.
Dave Stark
#13 - 2013-08-27 17:56:44 UTC
Vincent Athena wrote:
I know a guy who mines with 7 hulks, all Orca boosted. He gets about 5500 cu m from each Hulk every 2 minute cycle. All together, that's 19250 cu m per minute. At 150 ISK per cu m, that's 2.9 mil a minute, or 173 million an hour.


and a lone incursion pilot can pull in almost that much isk, so after plex costs the single account running incursions is still way ahead.

not to mention, your average incursion runner probably has a blingy ship that's still worth less than a fleet of 8+ miners.
Xearal
Dead's Prostitutes
The Initiative.
#14 - 2013-08-27 18:18:43 UTC
Actually.. 7 hulks + an orca easily is worth 2B.. which is peanuts compared to some of the bling used in Incursions.

Does railgun ammunition come in Hollow Point?
Mr Epeen
It's All About Me
#15 - 2013-08-27 18:59:45 UTC
Press TabQuick wrote:
I have run some numbers and I'm left a little confused about something I hope my fellow miners can assist with. Is it just me or are mineral prices very low. And I mean very low.

Not counting boosts or other grid mechanics; in a fairly skilled miner pilot I can get 17.34 m3 per second. Depending on the rock being mined that comes out to be about 3.4 million per tick (20 minutes). For almost less effort I can run a heaven and get 30+ million ticks ( not even in a carrier).

A). What am I doing wrong;
B). Why are mineral prices so low?



1) Don't sell the minerals
2) Train some refining and building skills
3) Make stuff
4) Profit

Mr Epeen Cool
Dave Stark
#16 - 2013-08-27 19:03:46 UTC
Xearal wrote:
Actually.. 7 hulks + an orca easily is worth 2B.. which is peanuts compared to some of the bling used in Incursions.


and yet a ship worth roughly 2bn isk will still pull in as much as a full mining fleet. fancy that.
Cipher Jones
The Thomas Edwards Taco Tuesday All Stars
#17 - 2013-08-27 19:37:13 UTC
if every non miner in the game took the time and love to buy 100m worth of dessies and started ganking miners mineral prices would freaking SKYROCKET.

But alas, no one cares.

internet spaceships

are serious business sir.

and don't forget it
Mr. Orange
Band of Freelancers
#18 - 2013-08-27 19:53:40 UTC
I love miners, they make isk multiplying so easy. Big smile

Idea
Sir SmashAlot
The League of Extraordinary Opportunists
Intergalactic Conservation Movement
#19 - 2013-08-27 21:03:31 UTC
Mining is similar to the labour supply. Lower the demand for minerals / labour the more miners / people are inclined to mine / work to compensatre for lost income. Mining with more accounts or longer hours will not help in the long run.
Unsuccessful At Everything
The Troll Bridge
#20 - 2013-08-28 00:24:12 UTC
The only way to mine is to let the miners mine, then gank them and retrieve ore from the wrecks.







Since the cessation of their usefulness is imminent, may I appropriate your belongings?
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