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Looking to get in to PI, need some advice.

Author
Athos Maulerant
The Scope
Gallente Federation
#1 - 2012-07-19 14:42:29 UTC
So I'm a miner by trade but looking to branch out a little bit and PI has PIqued my interest (ok bad pun). I've read the PI guide, which keeps saying it is probably outdated. I will read it again but I could use some guidance. Here is my situation:

This would be high sec only (for starters, I'm new)
Solo, one account, not using any alts nor in a corp.
I'm looking to net in the vicinity of 500 mil/month.
I wouldn't start without having CCU up to 4.


I'm an active miner, not an afk miner, so the PI would be more of a passive ISK thing for me. I'd probably choose the 4 day extractor cycle, which I understand has the lowest yield. I was initially looking at doing Robotics "because big ISK", but upon further review it seems like I would either need to produce the two inputs myself or shuttle them back and forth from the market whereupon import/export taxes and broker's fees will kill me. I'm leary of jumping into a high level product to start and was thinking of something small, so if I lose I lose small.

So my question is am I crazy to think i can do this in high sec, and if not, which product should I be looking at?

Regards,

Athos.
Nevryn Takis
University of Caille
Gallente Federation
#2 - 2012-07-19 15:06:48 UTC  |  Edited by: Nevryn Takis
PI in high can be done quite succesfully, either solo or with alts.
As you've learned/will be told it's not a profitable as low/null sec primarily because the planetary yield/deposits of materials are lower, and you've a fixed 5% tax on imports and 10% on export exports.
You need to mine on one or more planets and export either the base or t1 refined products (lowest tax impact) then do your t2/t3 and final production on another planet ..
What ever you do you have that final 10% to pay on the exported robotics..
You may find that you can produce something else along the way to use up any spare capacity.
What ever you do balancing production trains from base yields is the key to profitable production.
Even as an active miner you'd be better on a 48 or 72 hour cycle..

Also forgot to say you need to be producing in 0.5s ideally
Tomcio FromFarAway
Singularity's Edge
#3 - 2012-07-19 16:03:10 UTC
500mil in hisec with one character?
Uhm....no.
If you get 100mil you might consider yourself lucky.

From my own experience ( lowsec PI ) :

As far as robotics go - don't bother with it, better stick to P2 products. Robotics are very hard to produce ( where efficiency is concerned ) because of Noble Metals and Non-CS Crystals ( found only in small quantities in hisec, even in lowsec you won't extract enough to get your factory planet 100% efficient ).
I needed about 1.000.000 raw materials ( each type so multiply it by 4 ) per 24h to make my robotics factory planet 100% efficient.
The best I got in lowsec was ~500.000 per 24h.
Level 5 in CCU would help of course ( more extractor heads ). Still it wouldn't be enough.

I used 4 extraction->p1 planets ( one for each raw material need for robotics - 8 factories on each planet ) and 1 factory planet ( 4 p1->p3 complexes, 5 factories in each ). Even with reduced factory count and increased head count it didn't really help.

I made more iskies by doing simple p0->p2 on each planet. Less effort that way.

Using alts will make things different of course.

You might want to check out this thread : PI isk/h

Nevryn Takis wrote:
10% tax on both imports and exports.


Isn't the import tax half of export for all spaces ? ( haven't tried hisec so might be wrong )
Pinstar Colton
Sweet Asteroid Acres
#4 - 2012-07-19 16:41:50 UTC
With current market conditions, 500 mil would be possible if you had all 3 character slots doing PI in Null/WH with 0% taxes. You won't get that kind of profits from high sec planets due to both taxes and lower extraction rates across the boards. Low sec comes close.

Don't let that discourage you though. PI is a great source of supplementary income. It takes about 1-2 weeks (depending on implants and mapping) to train up PI skills on a character. If you like it on your main, you can use your two alt slots to triple your PI income.

If you really want to get into PI proper, seek out planets in low/null/wh. That may involve finding a corp who owns POCOs. Contrary to popular thought, you don't need to have a ton of skill points to survive in Low sec. (I can't comment on null/WH due to lack of experience there)

That said, dabbling in high sec is worth it to see if you like PI.

In the cat-and-mouse game that is low sec, there is no shame in learning to be a better mouse.

Ginger Barbarella
#5 - 2012-07-19 17:18:35 UTC
One toon, high sec only, you won't get anywhere near 500mil. Do Robotics, that'll get you a decent amount, but you'll quickly deplete some of the more important planets (precious or chiral) quickly if you intend to do all products yourself (versus buying products). Diversify, choose your planets CAREFULLY (in case you need to change production lines without going to expense of moving to another planet), and produce what sells best in your market area (Robotics, Coolant, EU, etc).

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

Invictra Atreides
Toward the Terra
#6 - 2012-07-20 23:43:24 UTC
In the Golden days of PI I made this tutorial: http://invictra.blogspot.com/

Its still a good guide. Just consider the income now is only 60% of what it was then.

BlogTutorials | Youtube "I don’t know everything, I just know what I know."

Styth spiting
Brutor Tribe
Minmatar Republic
#7 - 2012-07-21 05:28:13 UTC
Here is a thread I posted about a week ago on Reddit

Its about 10 pages of bad grammer and hypothetical yield amounts but it contains a ton of information on PI, manufacturing, maximizing yields etc.


To give a quick summary:
Train up to Advanced Planetology IV. The increased number of hot spots will increase your maximum weekly yield by almost 50%.

Don't extract PI goods you want. Only extract PI that will give the most yield for a 24 hour period. This means each day when you go to your planet to reset your extractors choose theresource with the maximum yield (generally from hotspots).

Do not be afraid to re-place your extractors every day. 45,000 isk is nothing. If you can increase your yield by roughly 1,100 per hour the cost will be covered.

Extract and export P1 goods. Don't do anything fancy. If you have CC V then p2 and _MAYBE_ P3 can be researched, but until you know what you're doing don't try it. You'll just lower your daily yields.


Do NOT do p3 manufacturing planets unless you are ONLY making P3 goods for ice. The export/import/export tax cuts your profits to 1/3, and the only way to cover this is though ice manufacturing.

Train all 3 accounts. Yeah it sucks having your main stop training for a month, but it is worth it. Having 15 planets gives you the ablity to setup factory planets to make P4 materials.

The best ultimate goal you can achieve for maximum monthly yield is manufacturing with PI. Keep in mind its expensive and time consuming. To give you an idea 1 factory planet will yield roughly 22 P4, and it takes roughly 125 P4 to make 1 large control tower (225M isk sell price). So 1 factory planet will take you 6 days. Currently with 50 planets and 10 factory planets I can yield just about enough per-day to make almost 1.75 control tower (220 P4 per day). So 225M per day to give you an idea of Isk per month.
Athos Maulerant
The Scope
Gallente Federation
#8 - 2012-07-23 19:07:12 UTC
Invictra Atreides wrote:
In the Golden days of PI I made this tutorial: http://invictra.blogspot.com/

Its still a good guide. Just consider the income now is only 60% of what it was then.


Very helpful thanks.
Sola Mercury
Republic Military School
Minmatar Republic
#9 - 2012-07-24 11:15:07 UTC
Styth spiting wrote:


Do NOT do p3 manufacturing planets unless you are ONLY making P3 goods for ice. The export/import/export tax cuts your profits to 1/3, and the only way to cover this is though ice manufacturing.



I have to disagree here.
If doing producing p3 is not profitable per se, just dont do.
If fuel block making is profitabe, do it. Buy the resources needed, if it is not profitable to produce them on your own.
Pinstar Colton
Sweet Asteroid Acres
#10 - 2012-07-24 12:36:45 UTC
P3s that are not consumed by things other than PI are a bad move because they are only useful for P4 production. Anyone who is making P4s is either buying P2s and refining them up two steps or is already making and using their own P3s. Its the same reason you shouldn't be putting P0s up on the market. Most people do the P0 > P1 refining on-planet.


Very early in my PI career I made the mistake of setting up for mass-production of High-Tech Transmitters. The prices were higher than robotics and I had the planets needed to make the raw materials. What I failed to account for was the horrifically low volume on those goods. I ended up having to dump them into a buy order for way less than I should have and re-tool my whole planetary setup.

P1s, P2s and P4s are the good levels of refinement to sell. Robotics (A P3 needed for T2 production AND POS fuel) is the main exception.

In the cat-and-mouse game that is low sec, there is no shame in learning to be a better mouse.

Haffsol
#11 - 2012-07-24 12:50:59 UTC  |  Edited by: Haffsol
Quote:
Don't extract PI goods you want. Only extract PI that will give the most yield for a 24 hour period. This means each day when you go to your planet to reset your extractors choose theresource with the maximum yield (generally from hotspots).

Do not be afraid to re-place your extractors every day. 45,000 isk is nothing. If you can increase your yield by roughly 1,100 per hour the cost will be covered.

Shocked
are you kidding us? So instead of planning your production chain you should scan all your planets for each resource everyday, find the hotspots, replace extractors, route them, place the heads around..... and maybe

Quote:
Train all 3 accounts.


on 15 planets?? Everyday??? How long could you last before burning out? 2 weeks?

Quote:
Yeah it sucks having your main stop training for a month, but it is worth it. Having 15 planets gives you the ablity to setup factory planets to make P4 materials.


hmmm....... I don't get it. How can you set up a factory planet for P4's if you change P0's everyday? Ah yes, you must modify all your AIF and High-Tech things everyday too! And since you're using a factory planet hauling all those P0's around isn't time consuming and doesn't cost isk correct? Hell no!

Quote:
Do NOT do p3 manufacturing planets unless you are ONLY making P3 goods for ice. The export/import/export tax cuts your profits to 1/3, and the only way to cover this is though ice manufacturing.

this is blatantly not true!

Quote:
Currently with 50 planets and 10 factory planets I can yield just about enough per-day to make almost 1.75 control tower (220 P4 per day). So 225M per day to give you an idea of Isk per month.

omg! weren't they 15? and weren't you changing P0's everyday? If you don't how much shell you spread you manifacturing chain to have all the needed planets? 225M per day on a 50 planets chain is not really impressive. It's maybe a bit more than the average, being the average a business that needs like 10 mins per day and sometime 20.
Invictra Atreides
Toward the Terra
#12 - 2012-07-24 19:13:40 UTC
@Haffsol you're being to hard on him. Let it go. He has some valid points. Rebuilding the ECU every day is too much work yes, but I don't think he meant it that way. He probably meant that even if you would be forced to rebuild the ECU every day that you would still make the same profit if you only get +1.100 more units than if you hadn't done that.

It is also true that doing P3 planets in HighSec will generate profit for a limited time before you have to switch to a different P3. The market just isn't friendly here. Overcoming this would require good Market skills.(Having high fortune will also help)

BlogTutorials | Youtube "I don’t know everything, I just know what I know."