Science & Industry

Updated the Jita Miners Indices/Mining Simulator spreadsheet to Version 2.9

- More refined Asteroid Size statistic for calculating overmining. Statistics for Hisec and Lowsec are sound, Nullsec statistics need work.
- Ability to select what asteroid statistics are used. Selections - COMPARE (for comparing secs), HI, LOW & NULL.
- Ability to set the asteroid spawn size, more info on typical values in HELP subsheet.

Cheers,
Neug

Market Call - Compressed Ore Market will hit rock bottom in 48hrs. Jita Ore Refiners should keep a eye out for good buy order opportunities.

Cheers,
Neug

We'll it's been about 48 hours since I made the call. Lets do a review.
- Referencing the indices I calculate. The compression index dropped below the refining index on Tuesday. The effective refining rate of compression dropped to below 76%.
- The effective refining rate hit about 74.5% on Friday.
- The effective refining rate of compression hit about 73.5% Saturday morning eve time. This was its lowest point since Crius launch.
- 4 of the 18 high sec compressed ores opened up to profitability doing station refining for about 12 hours on saturday.
- By Sunday morning the effective refining rate of compression recovered to 77%.
- At the moment the effective refining rate is at 74.3%

Interpretation

The compressed ore market appears to be behaving similar to the ore market. In that it is now generally flat (bottomed out) compared to minerals but rather than at 72%+/-2% refining rate value it appears to be at 75%+/2. I expect this trend to continue over the coming period until compressed ore supplies are reduced.

The most likely candidate for a reduction in supply that will raise the market is compressed plagioclase & variants. Those with the refining skills and a refining array can refine instead of compress it for better profitability at the moment.

There is the possibility of the effective refining rate of compression dropping below 73% but not for long as station refiners in jita will be motivated to buy on order at this level.

PS: I'm going to check market again at midnight west coast USA time when all the weekends mining is generally sold up.

Thanks for reading,
Neug

Just a quick update. Compression is currently equivalent to 74% refine. Excluding null and lowsec ores, compression is currently equivalent to 75.23% refine, almost exactly the rate of a refining array with max skills - 75.25%.

Cheers,
Neug

No way to add more miners other than having multiple copies of the sheet to represent other setups. But you can increase the number of lasers and drones under laser/drone info to simulate more identical mining ships.

I can give a hours of mining per day to pay for the pos from extra compression profits, I'll make a note, but big fixes and asteriod statistics are a priority ATM.

Yeah it nice to known if your best off refining, compressing or selling ore.

Biggest effect on IPH is asteroid spawn size if your not managing overmining but 5 m per hour seems low compared to 15. Should be at least half. If you tell me your setup and share the spreadsheet I can have a look at it...

Cheers
Neug

Check that you have info for the orca or rorqual under ship/hauler info. You can copy that info from the original sheet. Sorry cant help more without looking at your sheet.

Neug

Moved my spreadsheets to a dedicated eve google account, see signature for updated links. Old links will go down in a few days.

Cheers,
Neug

Updated several of my sheets.
- The Prime Industrial Real Estate sheet now has ice and L4 agent info.
- The Indices/Mining Simulator now is using a refined asteroid spawn size and has added info for jita station refiners.

Neug

Presented a summary and brief analysis of mining profitability over the last 5 months over on reddit. Plenty of
graph porn.

https://www.reddit.com/r/Eve/comments/2uds5i/mining_profitability_graph_porn/

Cheers,
Neug

Also here is graph of a Index for the whole of 2014.

Go go gadget hulk.

Simulated Orca+Hulk Isk Per Hour 2014

Cheers,
Neug