Science & Industry

Hmmm, I think this is exactly what I was looking for the other day. Basically wondered for each ore I mined which would be most profitable, refining, selling the straight ore, or compressing and it looks like this fits the bill... and then some! Question though, would altering the number of asteroids of the amount of ore in each asteroid have an effect, per asteroid type, of whether the preferred sell method is refining, selling, or compressing?

Ya, but that effect would be seen equally across all 3 values and therefore wouldn't change which method was preferred. Thanks, just wanted to verify that. Thanks for this. :)

Selling straight ore will for the most part be the worst option for a miner for all ore types. This method of sale is usually used by new or unskilled miners or those being ripped off by unscrupulous buyers. There are two exceptions to this rule the first being speculation for various reasons that a certain mineral will be needed more. The second exception which will be more common is selling standard types of ore at stations where 'storyline' NPC mission agents are based. This is usually Kernite but some agents will ask for Scordite depending on mission level.

If you are going to do mining properly then you either need to refine or compress your ore. Despite what some may say buyers will still buy minerals especially in high sec where most manufacturing takes place. If you are going to refine you need to go the whole hog and either get a trusted corpie to do the refining for you or get the max skills to do it yourself. You will need level five in Refining, Refinery Efficiency, and the ore processing skills for the ores you will be mining. You will also need to attain 6.67 'effective' (ie including 'Social' skills.) standings with the NPC corporation whose station you will be refining at & buy and fit a RX-804 hardwiring into your clone. You can skip the process of getting the standings to receive 'zero take' at NPC stations by using a small POS tower and a reprocessing array instead.

Compression of ore can now be done in high sec and at relatively little cost to yourself. It will make selling your mined goods much easier to sell while still receiving the same ISK as if you had refined your ore and sold the minerals. This method also means you do not have to learn the refining skillset UNLESS you intend to use minerals yourself for manufacturing purposes. If you are going to save up your ore and run a 'compression POS' for an hour every so often it's an idea to add a small charge to each unit of compressed ore. In this scenario you are losing an hours mining time every time you stop to compress ore so you should look to partially recoup this. I suggest adding a nominal fee of 50 ISK per each unit of compressed ore no matter the type.

Example calculation for selling compressed ore:

One unit of Compressed Dense Veldspar = 343 Tritanium. (Maximum refining yield at a high sec POS array.)

343 Tritanium x 5.37 ISK (Approx. highest 'buy order' price at Jita.) = 1842 ISK p/u of Compressed Dense Veldspar.

Add 50 ISK charge to partially cover compressed cost/lost mining time.

Total selling price = 1892.

This will be a fair price for you and the buyer. Many are trying to sell way above this so you should have no problem selling at this price. If they export to null sec they will make an additional 20% yield but you should always save something on the deal for the next man.

Yeah I hear belt mining is rare in null, maybe slightly less so now because mining sites no longer have to be scanned and don't afford any protection. Anyway the reason for wanting roid sizes in belts is just so I'm consistently comparing ores in the spread sheet. Most asteroids appear to max out at 15km3. Scordite and Spodumain are known exceptions. Wondering if there are other exceptions for null/low ores.

Neug

Based on saving up your ore until you have about 600 million ISK worth then onlining your tower for one hour to compress adding between 50 & 100 ISK per unit of compressed ore will cover additional work & lost mining time. Personally I would go with 50 ISK per compressed ore unit and work prices off the highest buyers price for minerals at Jita. Then if people want they can buy it off you and whether they ship to Jita for resale, manufacture in high sec, or haul to null sec to refine & sell or manufacture there is still profit, or significant profit, for them. Everyone is happy then.

Maybe the indices have changed but compressing veldspar is at 37M per hour while refining hedbergite (in a null/lowsec pos) is at 45M per hour. Refining hedbergite at a max null outpost (column AP) is at 50M per hour.

Neug

Freighter + Orca + Mack = 1 person does not compute at all ;) -

else i do appreciate your effort. What you describe is by default a group operation. You cant multibox this and then publish those figures as index like its done by a single person - which is why i stated it earlier knowing your figures couldnt possibly be based on 1 person does it all (in sequence). If you want people to rely on your numbers you need to describe the setup before the numbers or change them to non-multiboxed calculation.

If anyone is interested, the useful info sub sheet, has snapshot IPH comparing mackinaw+mackinaw, hulk+orca and hulk+mackinaw.

Neug

The price of Zydrine for one is at an all-time low for recent times so that might have something to do with it. Mining in low-sec is generally not advisable for obvious reasons. Of course you can get Hedbergite in high sec anomalies but you can't find them all the time.

I'll check my figures against a simpler calculator and get back to you.

Cheers
Neug