Mining with profit : Monthly results

i wasn't having a good time mining either, returns were also very bad and i was not getting nearly enough of the rarer ores to sell at auction

i decided to read on it more, got on discord with someone who knew a lot more about mining and he taught me about LBML (www.mininglog.com i highly recommend it!)

i sold my hunting gear and scraped about 1300 PED, bought a F-105 an extractor and about 1200ped worth of probes

i usually do between 250 and 350 drops per mining run, no overlapping. any stack of 100p or over i put at auction, rest goes in storage until its stacked big enough to sell

there is just no way you are sitting at 50% returns unless you are dropping way too few probes. it took me a cycle of about 3500 PED (all unamped planetside, it takes quite a while actually...) to really start seeing my returns "average" out, and for now that average is sitting at 97.68%

try to do some "larger" mining runs, see if it changes anything :)

Sending good vibes your way, try not to take the game and mining too seriously, it really is just a game after all :)
 
Currently I am sitting at 50% return... <Sarcasm ON> ABSOLUTELY AMAZING GAME AND GAMEPLAY <Sarcasm Off>

Seriously MA, you need to do better...
how much have you cycled? and at what cost per drop?
 
i wasn't having a good time mining either, returns were also very bad and i was not getting nearly enough of the rarer ores to sell at auction

i decided to read on it more, got on discord with someone who knew a lot more about mining and he taught me about LBML (www.mininglog.com i highly recommend it!)

i sold my hunting gear and scraped about 1300 PED, bought a F-105 an extractor and about 1200ped worth of probes

i usually do between 250 and 350 drops per mining run, no overlapping. any stack of 100p or over i put at auction, rest goes in storage until its stacked big enough to sell

there is just no way you are sitting at 50% returns unless you are dropping way too few probes. it took me a cycle of about 3500 PED (all unamped planetside, it takes quite a while actually...) to really start seeing my returns "average" out, and for now that average is sitting at 97.68%

try to do some "larger" mining runs, see if it changes anything :)

Sending good vibes your way, try not to take the game and mining too seriously, it really is just a game after all :)

The big difference between hunting and mining is :

1-You can mine with a cheap UNL finder(s), so you don't lose MU

2-The MU of resources is higher than the % of hunting loot.

Especially point 2 is hugely important:
The zone in which you will mine should consist of resources with a reasonable MU.
I do never go for high MU, but mostly for mid-range ores + fillers.
Those sell a lot faster with a nice %. I can even keep cycling when selling fillers only.
Here is an example where you can practically never make a profit ... with enm but ores might be good ... TEST THIS


Totall ped3,0019,745,98
Totall %10,45%68,73%20,82%
GarcenGrowthOil

This is one of the reasons why I never double drop.

As soon as you start selling big stacks at dumping prices, you're done for, so calculate everything!!!

If you start a run with the F-105, example : 100 drops ores, you should not earn back 100 ped but, 102.05 ped + extraction + refining !!!
And then there is the fee ...

And ofc you will have good and bad returns, but in the end it levels out when you take everything into account.
Never forget that your sales MU is the most important for profit, NOT globals/hofs.

If you need more info, feel free to contact me, I gladly help people that want to mine like I do and listen / learn. ;)
 
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the only difference for me is that i always double drop...the fear of "missing" a fat claim is just too much for me! :ROFLMAO: (y)
 
the only difference for me is that i always double drop...the fear of "missing" a fat claim is just too much for me! :ROFLMAO: (y)

Dual dropping is changing ground composition.

But you never know when you can hit a big oil claim I suppose ;)

That is where you loose MU ... same when mining between mobs and shooting them ... and then get a shrapnel global 😒

EDIT : Believe it or not, there is not 1 zone where I go for ore AND enm ... always for 1 of them cause 1 of them is always bad.
 
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