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Mining can be very profitable.

First post
Author
Hal Morsh
Doomheim
#1 - 2014-02-19 00:43:35 UTC
I haven't really seen any recent threads so I decided to point this out. I also needed to occupy myself while mining, and since I was going to do this anyways I figured the forums should know for anyone who hasn't thought about it.

Mining yield is pretty good if you think about it.

Just in my retriever with "some" skills I can get a little over 3k M3 in ore every 3 minutes, now while people can definately make over 500k isk per cycle I'm just going to use that as a base number here and do the math for you.

(My math is probably very inefficient but I know it's correct)

500,000 / 3 = 166,666 This is to bring the number down to per minute.
166,666 X 60 = 9,999,960 So I pretty much make 10 mill an hour without boosts or maxed skills.
10,000,000 X 24 = 240,000,000 A day if you mined the full 24 hours. I rounded to 10 mill.

What are plex's worth now, 650 mill? So that would be 65 hours total of mining To earn one plex. So around 2 and a half days lets say as I don't have max skills to compare to.

30 days in a month divided by 2.5 = 12 plex's in total per month. So how much are these people multiboxing and botting making? It's got to be huge, but who is ever on the full 24 hours. Let alone with down times. So lets say 10 plex's for the hell of it.

I saw a guy with 20 accounts. So that is 100 plexes or 65 billion a month with my skills if I had 20 exact clones of my account botting. Or 3.25 billion for one person Quite high indeed, and even in realistic amounts of time it's still easily achievable to plex the accounts and profit, in turn driving up the prices even more due to even higher demand. You are only limited by the amount of ores available really. Of course this wouldn't be an issue if it weren't for bots. Although the only one true bot I met in game has been robbed of his ore many times and had a few ships destroyed, so there is a way of course to combat them and profit meanwhile..


I know that people do use mining as a semi afk activity like I do, to do other things while still earning some isk in game for when they can actually pay attention. It also helps the corp in my case.

Oh, I perfectly understand, Hal Morsh — a mission like this requires courage, skill, and heroism… qualities you are clearly lacking. Have you forgotten you're one of the bloody immortals!?

Vito Tattaglia
Deep Core Mining Inc.
Caldari State
#2 - 2014-02-19 00:47:49 UTC
Those are very optimistic numbers. They don't include

-quantity of minerals to mine
-taxes
-initial cost of equipment which ranges in the hundreds of millions
-varied market prices

Not to mention you're talking about sitting in front of a computer monitor for 24 hours a day and doing nothing but clicking the same button over and over again. I can guarantee you people would get sick of it after one hour with one account, let alone several straight hours with multiple accounts.
Victor Andall
#3 - 2014-02-19 00:48:53 UTC  |  Edited by: Victor Andall
Also sleep.

And the Order.

I just undocked for the first time and someone challenged me to a duel. Wat do?

19.08.2014 - Dinsdale gets slammed by CCP Falcon. Never forget.

Kaarous Aldurald
Black Hydra Consortium.
#4 - 2014-02-19 00:49:34 UTC
I do hope you didn't post that with your main.

"Verily, I have often laughed at the weaklings who thought themselves good because they had no claws."

One of ours, ten of theirs.

Best Meltdown Ever.

Hal Morsh
Doomheim
#5 - 2014-02-19 00:51:20 UTC
Well you can do whatever you want with the ore afterwords on another account, get more out of refining on yet another account. Maybe manufacture. Or just go sell to the market, sometimes buy prices will be above estimate in hubs for some items.

Oh, I perfectly understand, Hal Morsh — a mission like this requires courage, skill, and heroism… qualities you are clearly lacking. Have you forgotten you're one of the bloody immortals!?

Hal Morsh
Doomheim
#6 - 2014-02-19 00:53:18 UTC  |  Edited by: Hal Morsh
Kaarous Aldurald wrote:
I do hope you didn't post that with your main.



So come gank me. I'm mining in my second retriever ever, and I gave the first one away. I could use some excitement out in this belt x.,x

A guy in a destroyer was flying about trying to get me to take a can set right in front of me. I wish I had my procurer set up, as I was going to see if I could kill a destroyer with a fit barge. Problem is I didn't have a procurer, so I fit a venture but he was gone by then.

Oh, I perfectly understand, Hal Morsh — a mission like this requires courage, skill, and heroism… qualities you are clearly lacking. Have you forgotten you're one of the bloody immortals!?

Kaarous Aldurald
Black Hydra Consortium.
#7 - 2014-02-19 00:54:43 UTC
Hal Morsh wrote:
Kaarous Aldurald wrote:
I do hope you didn't post that with your main.



So come gank me. I'm mining in my second retriever ever, and I gave the first one away. I could use some excitement out in this belt x.,x

A guy in a destroyer was flying about trying to get me to take a can set right in front of me. I wish I had my procurer set up, as I was going to see if I could kill a destroyer with a fit barge. Problem is I didn't have a procurer, so I fit a venture but he was gone by then.


Just make sure you're Code compliant.

http://www.minerbumping.com/p/the-code.html

"Verily, I have often laughed at the weaklings who thought themselves good because they had no claws."

One of ours, ten of theirs.

Best Meltdown Ever.

Hal Morsh
Doomheim
#8 - 2014-02-19 00:57:12 UTC  |  Edited by: Hal Morsh
Buncha wanabe Scientologists.

Oh, I perfectly understand, Hal Morsh — a mission like this requires courage, skill, and heroism… qualities you are clearly lacking. Have you forgotten you're one of the bloody immortals!?

Scipio Artelius
Weaponised Vegemite
Flying Dangerous
#9 - 2014-02-19 01:04:07 UTC  |  Edited by: Scipio Artelius
2 1/2 days for a PLEX (not including the time to haul the minerals back to station, etc. - that's just sitting at the rocks). That's a pretty low income rate.

Better just to buy GTC and actually have fun rather than slog away to earn only enough ISK to continue slogging away in the hope of earning enough to sell to someone else.

Asteroid fields etc. get mined out, valuable ores go first, you have to move systems creating more hauling, etc... Not all that attractive really, at least in my view, preferring interaction with players over isolated individual play.
Erotica 1
Krypteia Operations
#10 - 2014-02-19 01:06:38 UTC
"65 hours a month mining"

You poor soul.

See Bio for isk doubling rules. If you didn't read bio, chances are you funded those who did.

Victor Andall
#11 - 2014-02-19 01:07:40 UTC
So hey, while we're sort of on the topic, could someone shed some light on a topic for me?

I get the disdain for mining. I really do. I did it during the tutorials and found it to be absolutely soul crushing. But it works for some so whatever.

What I don't get is the general disdain for miners. I see a lot of posts among the lines of "you're playing EVE wrong" and whatnot and I don't understand the sentiment. Sure, it's a boring profession but it's literally what fuels every single other profession out there.

I'd love to see all the pvp'ers and whatnot take extended breaks from ganking and gatecamping so they can mine for a new Dramiel because no one does it full time for them.

I just undocked for the first time and someone challenged me to a duel. Wat do?

19.08.2014 - Dinsdale gets slammed by CCP Falcon. Never forget.

Scipio Artelius
Weaponised Vegemite
Flying Dangerous
#12 - 2014-02-19 01:12:25 UTC  |  Edited by: Scipio Artelius
Victor Andall wrote:
I'd love to see all the pvp'ers and whatnot take extended breaks from ganking and gatecamping so they can mine for a new Dramiel because no one does it full time for them.


Not all pvpers gank or gate camp (but there's no problem with either of those things either).

I don't personally have anything against mining or miners and if that was all it was, movements like the Code wouldn't exist.

The act of mining or being a miner in itself isn't a problem. However, it's the style of play that people choose when they want to be AFK, when they think they should be able to just play alone and without interaction with others, that bots are used for to generate ISK, etc.

It's not the act of mining, it's just that mining as a profession attracts the wrong styles of play (wrong here meaning - bots, AFK play and expecting to be able to play without interacting with anyone else at all - they are wrong ways to play and/or wrong expectations, even in a sandpit).
Frostys Virpio
State War Academy
Caldari State
#13 - 2014-02-19 01:12:39 UTC
Victor Andall wrote:
So hey, while we're sort of on the topic, could someone shed some light on a topic for me?

I get the disdain for mining. I really do. I did it during the tutorials and found it to be absolutely soul crushing. But it works for some so whatever.

What I don't get is the general disdain for miners. I see a lot of posts among the lines of "you're playing EVE wrong" and whatnot and I don't understand the sentiment. Sure, it's a boring profession but it's literally what fuels every single other profession out there.

I'd love to see all the pvp'ers and whatnot take extended breaks from ganking and gatecamping so they can mine for a new Dramiel because no one does it full time for them.


If you are not playing the game their way, you are doing it wrong no matter what your way is. Get used to it because it's all over the forum no matter what you do in the sandbox.
Qweasdy
Pandemic Horde Inc.
Pandemic Horde
#14 - 2014-02-19 01:14:34 UTC
or ofc you could run incursions/whs/exploration and plex your account in but a few hours v0v

This is a terrible thread. As such, it's locked. - CCP Falcon

Hal Morsh
Doomheim
#15 - 2014-02-19 01:15:30 UTC
I do group activities, like mining with an orca!!

kidding..

But yeah I enjoy doing other things. If it's weird that I like being logi.

Oh, I perfectly understand, Hal Morsh — a mission like this requires courage, skill, and heroism… qualities you are clearly lacking. Have you forgotten you're one of the bloody immortals!?

Scipio Artelius
Weaponised Vegemite
Flying Dangerous
#16 - 2014-02-19 01:16:58 UTC
Frostys Virpio wrote:
If you are not playing the game their way, you are doing it wrong no matter what your way is. Get used to it because it's all over the forum no matter what you do in the sandbox.


I don't get that same vibe.

As far as I'm aware, it's not the gankers that want to limit people's play styles. That is more often the view of the people that are commonly ganked.

They raise issue tickets to ban players, call legitimate play styles exploits, call for nerfs and for changes in mechanics.

I don't see gankers doing that on here. They just play the game how they want to play the game.
Hal Morsh
Doomheim
#17 - 2014-02-19 01:19:16 UTC  |  Edited by: Hal Morsh
Well really miners get ganked because if someone wants to kill something, they know they can go to a 0.5 system with a destroyer and kill a stationary target that's mining pretty easily. Probably with the hopes of some funny conversation afterwords.

As for why haulers get ganked?? Well..

http://cdn.memegenerator.net/instances/400x/27565937.jpg

The actual killmail is pretty ********.

Oh, I perfectly understand, Hal Morsh — a mission like this requires courage, skill, and heroism… qualities you are clearly lacking. Have you forgotten you're one of the bloody immortals!?

Frostys Virpio
State War Academy
Caldari State
#18 - 2014-02-19 01:21:50 UTC
Scipio Artelius wrote:
Frostys Virpio wrote:
If you are not playing the game their way, you are doing it wrong no matter what your way is. Get used to it because it's all over the forum no matter what you do in the sandbox.


I don't get that same vibe.

As far as I'm aware, it's not the gankers that want to limit people's play styles. That is more often the view of the people that are commonly ganked.

They raise issue tickets to ban players, call legitimate play styles exploits, call for nerfs and for changes in mechanics.

I don't see gankers doing that on here. They just play the game how they want to play the game.


I was referring to the forum no in game. In game they are obviously doing what they want and that's good. The issue is on the forum where every playstyle is getting ridiculed one way or another by someone enjoying a different one. miners gets hated on for the same reason null dwellers gets hated on, low sec dwellers gets hated on, wormholes gets hated on, mission runners gets hated on and traders gets hated on.

But hey, it's on the internet so we get used to it because we can't stop it anyway even if we tried.
Scipio Artelius
Weaponised Vegemite
Flying Dangerous
#19 - 2014-02-19 01:28:27 UTC  |  Edited by: Scipio Artelius
Frostys Virpio wrote:
I was referring to the forum no in game. In game they are obviously doing what they want and that's good. The issue is on the forum where every playstyle is getting ridiculed one way or another by someone enjoying a different one.


Yeah I was referring to the forum too, but I see your point and agree with it.

But it's the internet and we are all the most attractive person on this Earth, the most intelligent and clearly the most successful. As a result, each of us has every right to look down upon everyone else, because only we speak the truth and everyone else is plainly wrong - at least, when we are anonymous and behind a keyboard.
J'Poll
School of Applied Knowledge
Caldari State
#20 - 2014-02-19 01:30:47 UTC
Hal Morsh wrote:
I haven't really seen any recent threads so I decided to point this out. I also needed to occupy myself while mining, and since I was going to do this anyways I figured the forums should know for anyone who hasn't thought about it.

Mining yield is pretty good if you think about it.

Just in my retriever with "some" skills I can get a little over 3k M3 in ore every 3 minutes, now while people can definately make over 500k isk per cycle I'm just going to use that as a base number here and do the math for you.

(My math is probably very inefficient but I know it's correct)

500,000 / 3 = 166,666 This is to bring the number down to per minute.
166,666 X 60 = 9,999,960 So I pretty much make 10 mill an hour without boosts or maxed skills.
10,000,000 X 24 = 240,000,000 A day if you mined the full 24 hours. I rounded to 10 mill.

What are plex's worth now, 650 mill? So that would be 65 hours total of mining To earn one plex. So around 2 and a half days lets say as I don't have max skills to compare to.

30 days in a month divided by 2.5 = 12 plex's in total per month. So how much are these people multiboxing and botting making? It's got to be huge, but who is ever on the full 24 hours. Let alone with down times. So lets say 10 plex's for the hell of it.

I saw a guy with 20 accounts. So that is 100 plexes or 65 billion a month with my skills if I had 20 exact clones of my account botting. Or 3.25 billion for one person Quite high indeed, and even in realistic amounts of time it's still easily achievable to plex the accounts and profit, in turn driving up the prices even more due to even higher demand. You are only limited by the amount of ores available really. Of course this wouldn't be an issue if it weren't for bots. Although the only one true bot I met in game has been robbed of his ore many times and had a few ships destroyed, so there is a way of course to combat them and profit meanwhile..


I know that people do use mining as a semi afk activity like I do, to do other things while still earning some isk in game for when they can actually pay attention. It also helps the corp in my case.



Wait..

So you are willing to "work" 24/7 for 2.5 days...for a louzy 20 Dollar item.

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