Rocket192
Elite
- Joined
- Nov 16, 2012
- Posts
- 3,063
- Location
- Michigan
- Society
- Classified
- Avatar Name
- Sean Rocket Connors
Hey all I'm going to be starting a log and going for a tower!
With one limitation, that the tower must be planetside... (probably ditching this limitation)
After 3.5 years of heavy mining (summers off) I have yet to tower.. or even get a claim over 3k Ped, so I'm going to shake things up a bit and now that my logs for the past 3 years are sitting at a handsome ~92% TT return, I think it's time to start that over.
My markup average for 2015 is hovering around 118% and I'm hoping to keep this average going.
My calculations indicate that I need 113.7% markup to break even mining for ores only with the finder at 170% and lvl5 amps at 103%.
Gear Used:
DSEC L30 - Everytime, when I can find them for sale.
D-Class Amps - As of 6/19/16
Genesis star excavator 05/SGA T3 enhanced - Nearly doubled my cycle speed
markup needed to profit after decay/fees: 115.6%
and guns/armor when needed to fend off mobs.
This isn't going to be a full time project, however I hope to cycle a decent 6-10k ped each week. That being said I feel the only way to hit a decent tower is to cycle massive amounts of ped quickly these days, but I don't have the funds nor the will to go to foma/HELL/AU and blow peds away for TT trash loot.
Results will be tracked as follows and updated every week at least:
TT in: 57042.42
Markup/Fees in: 1736
TT out: 58236.68(102.09%)
Average Markup (per run): 116.67%
Profit/Loss: +9168.40
Amps burned to date: 197
Largest Loot of Log: 5735 Eronite Stone
With one limitation, that the tower must be planetside... (probably ditching this limitation)
After 3.5 years of heavy mining (summers off) I have yet to tower.. or even get a claim over 3k Ped, so I'm going to shake things up a bit and now that my logs for the past 3 years are sitting at a handsome ~92% TT return, I think it's time to start that over.
My markup average for 2015 is hovering around 118% and I'm hoping to keep this average going.
My calculations indicate that I need 113.7% markup to break even mining for ores only with the finder at 170% and lvl5 amps at 103%.
Gear Used:
DSEC L30 - Everytime, when I can find them for sale.
D-Class Amps - As of 6/19/16
Genesis star excavator 05/SGA T3 enhanced - Nearly doubled my cycle speed
markup needed to profit after decay/fees: 115.6%
and guns/armor when needed to fend off mobs.
This isn't going to be a full time project, however I hope to cycle a decent 6-10k ped each week. That being said I feel the only way to hit a decent tower is to cycle massive amounts of ped quickly these days, but I don't have the funds nor the will to go to foma/HELL/AU and blow peds away for TT trash loot.
Results will be tracked as follows and updated every week at least:
TT in: 57042.42
Markup/Fees in: 1736
TT out: 58236.68(102.09%)
Average Markup (per run): 116.67%
Profit/Loss: +9168.40
Amps burned to date: 197
Largest Loot of Log: 5735 Eronite Stone
Last edited: