Welcome to Jester's Trek.
I'm your host, Jester. I've been an EVE Online player for about six years. One of my four mains is Ripard Teg, pictured at left. Sadly, I've succumbed to "bittervet" disease, but I'm wandering the New Eden landscape (and from time to time, the MMO landscape) in search of a cure.
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Monday, October 1, 2012

It's all the same thing

I've been tracking the price of ores virtually since I started playing EVE, and I've never stopped.  I can't help it, really.  It's just a good baseline for prices throughout New Eden.  It's not for nothing that ore and mineral prices were always the very first thing reported on in the old Quarterly Economic Newsletters.

These days, I mostly track mineral prices so that I can keep up on the costs they inflict on my T1 and T2 manufacturing.  It's a raw material that I have to keep track of like any other.  Still, mineral prices have stabilized nicely since the massive speculation of a year or so ago.  As a result, I mostly just update my numbers every month or so on the first of the month.  That's today.  Since I was once a miner, my requisite EVE spreadsheet still takes those mineral values and dumps them over to value of ores mined.  And today, the numbers show something rather startling.

From Arkonor to Veldspar, virtually every ore worth mining is now worth about the same amount of ISK per hour.

As a matter of fact, Veldspar is worth more than every null-sec mineral except Arkonor and Mercoxit.  Massive Scordite, which is nearly as common as dirt and comes in enormous boulders, is worth more than Arkonor which is rare and comes in pebbles.  Gneiss and Spud are still garbage.  Omber is still borderline.  But everything else from Veld to Ark is worth between 19 mil and 26 mil an hour.  Everything else.

This really is unprecedented.  I can't think of another time the values of all the minerals have been close like this.

17 comments:

  1. Well, you've just miners another reason not to be in null-sec. Incredible.

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    1. I think you'll find the general contempt that any type of industry is held in by Null-sec Alliances and the continual drive for F1 monkeys for CTA serfdom over anything else is far more reason for miners to stay out of Null than a rather sad 16 to 26 mil an hour income.

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  2. You can't really compare mercoxite directly due to the extraction being at a lower rate.

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  3. The trusty ISK/m3 spreadsheet has been finding more and more converts over the years. This result is most pleasing :)

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  4. That makes sense when rational actors are supplying a market.

    high-sec miners only have access to high-sec ores, but that's ok because there's more base demand for them.

    null-sec miners mine whatever is most profitable until an equilibrium is reached.

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    Replies
    1. Except that that's not how hidden belts work.

      Nullsec miners mine ores in specific, relatively unvarying proportions.

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  5. Says a lot about the price premium for null location. The lack of it.

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  6. Ssssshhhh stop talking about my precious... Gollum, GOOLLUM... massive scordite funny enough though is not worth much more then condenced scord in JITA buy orders though... so I'm going to hold onto my hord for another month
    ~Lord of the Miners (Sméagol)

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  7. I just came to the same result without knowing this data. http://greedygoblin.blogspot.hu/2012/10/the-total-lack-of-balance-of-trade-of.html

    The short version is: highsec people don't need your arkonor since they don't lose ships. Only fellow low/null/wh people need it. For them, mining arkonor isn't harder than mining veldspar so there is no reason for price differences.

    What happened is simply reaching equilibrium.

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  8. Kind of a philosophical question, but. How do we fix it? Or do we even want to fix it? Eve being Eve, players are going to do whatever is the best isk/h, continually bringing the prices of all minerals closer and closer to a normalized cost.

    Alloys artificially inflated and deflated certain mineral costs because they dropped in different amounts than used. And before alloys.. Eve was just different. The game itself and the support structures that have grown up around it make mining easier to plan and safer. CCP can fiddle with the refine amounts, but players will just flock to the highest again and slowly bring everything back to a baseline, same with changing blueprints. A complete rethink on ore distribution would probably do it, but that is a massive and drastic step. Maybe if they ever get around to the rework of mining as a whole instead of constant bandaids. They've only been promising it as long as I've been playing Eve.

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    1. I have trouble with CCP doing anything with the ORE markets until after the MOON GOO/ring mining fixes are implemented then lets see what we need else we'll just get another MOON GOO BOTTLE NECK ofsome sorts
      ~DarthNefarius

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  9. Jester, check http://ore.cerlestes.de/index.html for a simple view of the value of each ore, you might be right they are roughly equal on a time basis but on a m3 basis they are vastly different and since you need to haul and refine the ore, volume is important.

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    1. With the new massive Retriever/Mack cargo holds, it's not that important.

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    2. Is there a website available which shows ore value per hour? Perhaps with ship, mining skill, etc dropdowns.

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  10. This is incredibly hilarious, I'm not playing these days and had failed to notice how far it had gone.

    Now according to the logic of those who want to balance the game there are no more excuses: as we know for sure that, without t1 drops and drone regions, the price figures are entirely dependent on player actions, we should make it harder to live in nullsec or easier and safer to mine in highsec to rebalance the prices of ore.

    Of course the above is intended to be a mild troll :)

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    1. Nah, what needs to happen is a null-sec sov shakeup. As in a major war that uproots goons and test and other large entities that have made their space safer than high sec.

      I think RvB should combine and invade goons, lol =)

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    2. Except that many RvB players are Goon alts.... ;)

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