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9 Billion Loan Request
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Cavalira
Habemus
#21 - 2013-12-16 10:56:07 UTC
Let's imagine you get bored with EVE again. How do you intend to pay back ?

Did you lose your job, and started playing EVE again? If that's the case, what if a new job offer pops up?
Kris Xavier
C5 Flight
Fraternity.
#22 - 2013-12-16 11:12:45 UTC
He seems to be doing just fine right now. Although id be tempted to stop expanding into new toons and instead buy your own ships and pay back anything you have borrowed. Your Loan request has now turned into a blog about mining, which is possibly one of the most boring things that there is in the MD forums right now.
MicDeath Titan
No Mans Corp
#23 - 2013-12-16 18:35:38 UTC
Cavalira wrote:
Let's imagine you get bored with EVE again. How do you intend to pay back ?

Did you lose your job, and started playing EVE again? If that's the case, what if a new job offer pops up?

Please refer to post #13, I had already addressed this.
https://forums.eveonline.com/default.aspx?g=posts&m=3974578#post3974578

Kris Xavier wrote:
He seems to be doing just fine right now. Although id be tempted to stop expanding into new toons and instead buy your own ships and pay back anything you have borrowed. Your Loan request has now turned into a blog about mining, which is possibly one of the most boring things that there is in the MD forums right now.

The ultimate goal is ten miners, one booster, one hauler, and three accounts skilled towards PvP to aid in defense.
Please note all these accounts were already made prior to my quitting.

For the purpose of this loan, the stopping point is one booster, one hauler, and ten miners for accounts, one Orca, ten procurers, ten retrievers, and one Rorqual for the ships.
three miners to go. I should be able to knock one more off today once I get home.
Since I have said that this loan request will remain open till Jan 9th, I will honor this even if everything is acquired beforehand.

As for turning into a blog, I have to disagree. Updated information that pertains to the loan is a must. Take for example, if I didn't give status updates, then somebody who is on the fence decides to check me up, and sees I am running say a 9 man fleet, they will think this is a scam and go away. The day to day updates will only occur up until the full twelve accounts, the Orca, the Rorqual, the ten Retrievers, and the ten procurers have been acquired. After that, a weekly update will be given.

I hope this answers both your questions. :D
MicDeath Titan
No Mans Corp
#24 - 2013-12-17 10:15:18 UTC  |  Edited by: MicDeath Titan
Status Report: Day 3 mining
•5 and 1/2 hours mined
•Fleet Size: 9
---Orca: Gray Spike
---Hauler: Kaling of Titans
---Miner#1: Titans Guild Miner
---Miner#2: Titans Guild Miner2
---Miner#3: Titans Guild Miner3
---Miner#4: Titans Guild Miner4
---Miner#5: Titans Guild Miner5
---Miner#6: Titans Guild Miner6
---Miner#7: Titans Guild Miner7
•Mining efficiency - 84% overall average. Start up and shutdown included.
--- 210.354~/249.620~ m3 per second
Result:
+Obelisk

Issues
Mining amount grew too big for the Miasmos.
Resolved? Yes.
Result: Darsec Tracer and I agreed to split costs of obtaining an Obelisk. I covered the cost of skill books and had 1930 blocks of ice to use.
•150,000,000 isk, 2x Gallente freighter skills books. One for me, one for him.
•1930 Blocks of ice to use as cover for my portion. ~366,700,000 in value.

Reasons for massive loss of efficiency today:
•Set up and fitting Miner 7 took longer than expected.
•Obelisk had to be transported to the mining site, 6 jump distance.
•Time spent idle remembering the most efficient use of the freighter again (positioning, grid lay-out, and so on.)
•Time spent to new belts and re-positioning, belts where already heavily mined by the time I showed up.

End of Day 3 report.
MicDeath Titan
No Mans Corp
#25 - 2013-12-18 19:41:56 UTC
Status Report: Day 4 mining
•3 and 1/4 hours mined
•Fleet Size: 9
---Orca: Gray Spike
---Hauler: Kaling of Titans
---Miner#1: Titans Guild Miner
---Miner#2: Titans Guild Miner2
---Miner#3: Titans Guild Miner3
---Miner#4: Titans Guild Miner4
---Miner#5: Titans Guild Miner5
---Miner#6: Titans Guild Miner6
---Miner#7: Titans Guild Miner7
•Mining efficiency - 96% overall average. Start up and shutdown included.
--- 239.635~/249.620~ m3 per second
Result:
Plexed Titans Guild Miner8
Plexed Titans Guild Miner9

Issues
Internet went out before second round of mining could occur.
Resolved?: Yes.
Result: Late status update, major loss of income potential, enough that I wasn't able to get Miner#10 activated, as planned.

End of Day 4 report.


Darsec Tracer has loan enough to meet the 1billion minimum, waiting for him to choose which loan term he would like.
His loan amount: Cumulative 1.1billion.
MicDeath Titan
No Mans Corp
#26 - 2013-12-19 10:03:20 UTC  |  Edited by: MicDeath Titan
Status Report: Day 5 mining
•6 and 1/2 hours mined
•Fleet Size: 12
---Orca: Gray Spike
---Hauler: Kaling of Titans
---Miner#1: Titans Guild Miner
---Miner#2: Titans Guild Miner2
---Miner#3: Titans Guild Miner3
---Miner#4: Titans Guild Miner4
---Miner#5: Titans Guild Miner5
---Miner#6: Titans Guild Miner6
---Miner#7: Titans Guild Miner7
---Miner#8: Titans Guild Miner8
---Miner#9: Titans Guild Miner9
---Miner#10: Titans Guild Miner10
•Mining efficiency - 97% overall average. Start up and shutdown included.
--- 347.650~/356.600~ m3 per second
Result:
Plexed Titans Guild Miner10
With agreement with Darsec Tracer, 2billion will go towards getting a jump freighter.
Expecting Rorqual by Saturday or Sunday.

Issues
Ice belts melting too fast. ~_~
Resolved?: -Pending-
Result: Will buy strip miners soon.

End of Day 5 report.


New Investor: Kithran
•Amount loaned: 1 billion.
•Term Selected: Option C
Welcome aboard Kithran!
flakeys
Doomheim
#27 - 2013-12-19 10:18:45 UTC
Status Report: Day 6 mining


Someone ran a locator agent on the names , - 7 ships Blink

We are all born ignorant, but one must work hard to remain stupid.
Kithran
#28 - 2013-12-19 17:45:43 UTC
Just to confirm I have invested here.

Kithran
MicDeath Titan
No Mans Corp
#29 - 2013-12-20 20:21:35 UTC
Status Report: Day 6 mining
•1 and 1/2 hours mined
•Fleet Size: 12
---Orca: Gray Spike
---Hauler: Kaling of Titans
---Miner#1: Titans Guild Miner
---Miner#2: Titans Guild Miner2
---Miner#3: Titans Guild Miner3
---Miner#4: Titans Guild Miner4
---Miner#5: Titans Guild Miner5
---Miner#6: Titans Guild Miner6
---Miner#7: Titans Guild Miner7
---Miner#8: Titans Guild Miner8
---Miner#9: Titans Guild Miner9
---Miner#10: Titans Guild Miner10
•Mining efficiency - 92% overall average. Start up and shutdown included.
--- ~255.555/~277.777 m3 per second (Procurer fleet)
Result:
Full procurer fleet fit and active/standby as the situation see's fit.
All that is needed now is Rorqual.

Issues
Little mining amount done today. Found a high sec to empire space wormhole, took that opportunity to transport ice refine and to bring home full fit procurers.
Resolved?: Yes
Result: Majority of fleet is complete.
End of Day 6 report.
MicDeath Titan
No Mans Corp
#30 - 2013-12-21 12:06:47 UTC
Status Report: Day 7 mining
•4 and 1/2 hours mined
•Fleet Size: 12
---Orca: Gray Spike
---Hauler: Kaling of Titans
---Miner#1: Titans Guild Miner
---Miner#2: Titans Guild Miner2
---Miner#3: Titans Guild Miner3
---Miner#4: Titans Guild Miner4
---Miner#5: Titans Guild Miner5
---Miner#6: Titans Guild Miner6
---Miner#7: Titans Guild Miner7
---Miner#8: Titans Guild Miner8
---Miner#9: Titans Guild Miner9
---Miner#10: Titans Guild Miner10
•Mining efficiency - 95% overall average. Start up and shutdown included.
--- ~337.770/~356.60 m3 per second (Procurer fleet)
Result:
Agreement with Darsec Tracer, the jump freighter Ark has been acquired.
I payed 1.6billion, he covered the rest. It will be a shared item.
After today's mining trip combined with yesterdays, have 1.7Bill of the 2Bill needed for the Rorqual.

Issues
None
Fleet standing after the first week
. •10 Miners
. •1 Hauler
. •6 Retrievers
. •10 Procurers
Ships currently on loan:
. •Orca
. •Retriever x4
Ships with shared cost
. •Ark jump freighter - 1.6 billion isk
. •Obelisk freighter - 366 million isk

Weekly mining total:
29,090 +/-(2)
Value of weekly mining: ~5.5billion isk.

Items payed from loans
Miners: 5x from Ricks money. $10 still on hold.
Miners: 1x from Kithran's 1billion.
Miners: 1x from Darsec Tracer's 778k Oxygen iso ~450mill
Procurer w/fits: 10x from remaining amount of Kithran's 1billion.
Total: 4.45bill isk
1.45bill isk from in-game players.
~600mill is being added on Darsec for the Orca. ~1.1bill total on his behalf.

Items payed from mined Isk
Fittings: ~500mil
Obelisk: 366mill
Ark: 1.6bill
Retriever 6x: ~240mill
Accounts 4x: ~1.95bill
Total: ~4.66billion

Misc: ~700-800mill starting funds.

Since I am just a short way from getting the Rorqual, I will consider the major items obtained, and from here on out will maintain a weekly update until remainder of the loan is filled or Jan 9th rolls by. After that updates on payments made will be made.
Isk for option C will start accruing once 12 plexes have been acquired.

Have a merry EvEmas everybody, and remember folks, bad memories are created when you let your friends drive drunk. Lets create happy memories, and call a taxi for your friends. o7
Nicholas Lafisques
Dark Matters Retail and Distribution
#31 - 2013-12-23 07:41:01 UTC
sorry, wrong post
Billy Hix
Dreddit
Test Alliance Please Ignore
#32 - 2013-12-23 14:31:58 UTC
Kris Xavier wrote:
Your Loan request has now turned into a blog about mining, which is possibly one of the most boring things that there is in the MD forums right now.


TBH, as someone who never even bothered looking at mining (unless you count huffing c320 and C540) I was finding it pretty interesting :-)
MicDeath Titan
No Mans Corp
#33 - 2013-12-29 09:37:44 UTC
Status Report: Week 2 mining
•Mining efficiency - UNKNOWN% overall average. Start up and shutdown included.
Result:
Plex 1/12

Issues
Too much drinking caused me to forget to make logs.
Holidays got in the way (<--No life)
All I know is that I mined:
. •Blue ice: 24,515
. •Thick Blue Ice: 2993
. •Dark Glitter: 1000
. •Gelidus: 300
. •Krystallos: 250
•Glare Crust: 398
Values of:
. •Blue Ice: 4,649,245,480.15
. •Thick Blue Ice: 690,751,506.93
. •Dark Glitter: 582,225,250.00
. •Gelidus: 92,752,725.00
. •Krystallos: 79,344,062.50
. •Glare Crust: 143,728,247.50
Total of: 6,238,047,272.08


End of Week 2 report.
MicDeath Titan
No Mans Corp
#34 - 2014-01-06 15:39:19 UTC
Status Report: Week 3 mining
•Mining efficiency - 92% overall average. Start up and shutdown included.
Result:
Plex 12/12 plex

Issues
Hauling with a miasmos is slowing me down. Working on getting a bigger hauler in my location.

Total isk mined: 9,882,307,944.37

End of Week 3 report.
Kithran
#35 - 2014-01-14 18:04:09 UTC
First months payment received - 1/3 capital repaid plus interest and profit share
MicDeath Titan
No Mans Corp
#36 - 2014-01-14 18:08:15 UTC
First payments sent
Kithran: 3,325,300,466.78
Darsec Tracer: PENDING (2,983,788,558.28)
Rick: Real world agreement; Repayed in cash. Rick does not play Eve Online. His split is based on 1/3 of the 50% pot, while Kithrans and Darsecs are based on 1/2 of the 50% split.

isk amount was based on the moment 12 plex's were obtained, which occurred at 2014.01.04 06:11:29, after which remaining funds where at 1,459,366,966.45 ISK. Since that time, a total net value 10,676,460,789.38 was refined and sold on the markets.
301,292,555.34 is being omitted as this was selling ice products from the ore buyout program.
Total of: 11,834,535,200.49
My share: 5,917,267,600.24
Investor pot share: 5,917,267,600.25
Kithan:
Principle payment: 333,333,333.33 isk
Interest payment: 33,333,333.33 isk
Split amount: 2,958,633,800.12 isk

Darsec Tracer: -=Pending=- Still have not got final word on his choice. Interest in Option C was noted. If he opts out of it, his portion of the split will go to Kithran.
Nerd Trap
ElitistOps
Deepwater Hooligans
#37 - 2014-01-14 20:30:30 UTC
can you please switch back to daily mining reports

thank you
RAW23
#38 - 2014-01-15 09:07:33 UTC
Quote:
Rick: Real world agreement; Repayed in cash. Rick does not play Eve Online. His split is based on 1/3 of the 50% pot, while Kithrans and Darsecs are based on 1/2 of the 50% split.


How exactly does this work? He loaned you real money and you paid him back an amount of real money based on the amount of isk you earned?

There are two types of EVE player:

those who believe there are two types of EVE player and those who do not.
MicDeath Titan
No Mans Corp
#39 - 2014-01-15 09:32:22 UTC
RAW23 wrote:
Quote:
Rick: Real world agreement; Repayed in cash. Rick does not play Eve Online. His split is based on 1/3 of the 50% pot, while Kithrans and Darsecs are based on 1/2 of the 50% split.


How exactly does this work? He loaned you real money and you paid him back an amount of real money based on the amount of isk you earned?

Correct, and I cannot wait to see his reaction when he gets his first payment. Lol
Darsec Tracer
Hedion University
Amarr Empire
#40 - 2014-01-16 04:36:42 UTC  |  Edited by: Darsec Tracer
I Will b picking Option C.Big smile

Sorry for the confusion
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