. Ore value chart – November 2014 – Arkonor and Omber at the bottom « Torchwood Archives
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14Nov/140

Ore value chart – November 2014 – Arkonor and Omber at the bottom

Hello industrial-minded pilots! Today we will be talking mining. Many players consider it boring, but it is one of the ways to play EVE, and no one would be able fly any ships if not for the fearless miners, who keep drilling asteroids, despite being ganked left and right.

Some time ago, to help my corp members, I have created an "Ore value chart", which shows which ore is worth most ISK, and thus is the best to be mined at any given time. Since I don't mine myself very often, I don't often check the chart.

I had a look at the ore chart today and was quite surprised

ore-values

Why? Because Arkonor is, besides Omber, one of the worst ores to mine right now (ISK-wise). The king of all ores, the "A" in the famous ABC, has reached the bottom. At the same time, three high sec ores made it to the top ten! Players who engage in mining and industry will be quick to respond "This is because of the supply and demand laws". And they will be mostly correct. when EVE was first designed, some assumptions were made regarding ore value and mineral prices. The whole industry system was designed around the concept of risk vs reward:

  • high sec offers least risk, nullsec on the other hand is most risky

thus

  • ores in null sec should be worth most, so they offer the highest reward

Moreover, to promote player trading between regions, high sec ores were not distributed evenly. Instead, some high sec ores like Kernite or Pyroxeres only appear in specific regions of space.

CCP probably assumed, that only a handful of miners will be bold (or powerful) enough to mine in null, so the supply of high end minerals will guarantee their high price. In order to further reinforce this system, blueprint mineral requirements were set accordingly.

From theoretical point of view (hi Game Theory!), this made a very well designed crafting system: it offered meaningful choices (where and what to mine, and how much to risk) and also promoted player interaction by the means of trading.

All this was working well ten years ago

But no more. What was impossible to predict, was player behaviour. Firstly, game designers couldn't predict which blueprints will be utilized the most. Each blueprint has a specific material list, and the global production affects global demand for specific minerals, for example Mexallon. Secondly, right now mining in nullsec is most often safer than mining in high sec (hi, James!), which affects the supply. All these small reasons ultimately affect the prices of the minerals and cause shifts in the table. High demand for Mexallon is what moved Kernite and Plagioclase to the top ten. In the end, this is good for EVE, because it makes mining a viable profession. I know people who easily PLEX their accounts, and they do nothing else but mining and occasional manufacturing.

But Can I haz the Ore Value Chart?

I left the best for the end. If you are a miner, and always want to know which ores pays best, you have two choices:

  • Install and run your own instance of LMeve, which has the Ore Value Chart built in (check under "Database" tab)
  • Go to LMeve Database, which is publicly available and check the Ore Value Chart right away without installing anything

That's it for today! Fly safe o7

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