Any mining tips for someone starting out their mining?

[Mjahaha]

Hey X friends, I've been grinding out quests and I and have a couple of million credits ready. I've purchased a paranid Plutus Mining Sentinel and I'm about to find a place for it to mine.
A few questions I'd like to know the answers to: (when I find answers I'll post below)

- How do you know where to set up?
- How much money do you earn?
- Do you automatically sell your loot?
- What is the best ore to mine?
- Is mining better than trading?

Does anyone have any answers to these kind of questions yet? Any tips welcome.

[ZombieHunter]

Don't get too close when mining. The asteroid will obliterate your ship. I speak from experience.

1. Setup where there are stations that buy what you are mining.

2. Depends on what you mine and the demand for it. As you continue to mine you will cause the price to drop due to oversupply.

3. I mined manually for a bit but now I have an NPC mining for me and I escort. This is very early game so I have to protect all my assets like a mama bear protects her cubs.

4. I don't know yet but 'best' usually means what is in demand in the sector you setup in. This will vary.

5. I don't know. Mining is NOT better than early game missions. The main issue is my small miner cannot carry enough per trip to make it worth it yet. But eventually I plan on getting a small fleet of small ships whilst I do missions to keep my income up.

[Ragecookie]

Could you elaborate on how to set up automated mining ? I have not yet found an order or something that allows this. Thanks !

[ZombieHunter]

Originally posted by Ragecookie:

Could you elaborate on how to set up automated mining ? I have not yet found an order or something that allows this. Thanks !

There are commands to 'trade in this sector'. That command should tell your miner to 'do his thing' and then trade locally.

[DRAGONART777]

damn i not even got a new ship yet lol i just been grinding killing things and saving up.

[Mjahaha]

Okay, I've got my miner going. I found if I click on the map near myself there is an option to mine ice. I think you need visibility to say mine somewhere or your ships don't know. Is that what resource becons are?
ZombieHunter what sector are you mining in and what material?

[Tempestus_L'Cie]

Originally posted by Mjahaha:

Okay, I've got my miner going. I found if I click on the map near myself there is an option to mine ice. I think you need visibility to say mine somewhere or your ships don't know. Is that what resource becons are?
ZombieHunter what sector are you mining in and what material?

Took me a while too to found out that mining zones are the colour Red purple etc.
If you click near them on map Mining option will appear.
But I would love option to Auto mine and sell stuff so I'm experimenting now a bit with autotrade option

[ZombieHunter]

I'm in Argon Prime. I mined in another sector but couldn't find a station that would buy my stuff. I 'think' almost all sectors have asteroids around their perimeter. I'm still doing some experimenting with all of it.

I just set the role of the ship to mining. Seems to work.

[Mjahaha]

Okay resource becons! You put them in an asteroid field and they will bring up a summary of all ore currently within the range. Pretty cool.
I've set up my guy mining ice in Pontifix's Claim. The resource is close to the market. You only sell ice for 30 Cr though, and my I'm not feeling a great return rate for my 900,000 Cr of ship. With a SETA drive that may change though.

[ZombieHunter]

Originally posted by Mjahaha:

Okay resource becons! You put them in an asteroid field and they will bring up a summary of all ore currently within the range. Pretty cool.
I've set up my guy mining ice in Pontifix's Claim. The resource is close to the market. You only sell ice for 30 Cr though, and my I'm not feeling a great return rate for my 900,000 Cr of ship. With a SETA drive that may change though.

First we walk then we run. :)

[nuggerath]

Originally posted by Mjahaha:

Okay resource becons! You put them in an asteroid field and they will bring up a summary of all ore currently within the range. Pretty cool.
I've set up my guy mining ice in Pontifix's Claim. The resource is close to the market. You only sell ice for 30 Cr though, and my I'm not feeling a great return rate for my 900,000 Cr of ship. With a SETA drive that may change though.

Ice is quite cheap, Ore or Silicon is much more profitable.

[First5trike]

Originally posted by Mjahaha:

Hey X friends, I've been grinding out quests and I and have a couple of million credits ready. I've purchased a paranid Plutus Mining Sentinel and I'm about to find a place for it to mine.
A few questions I'd like to know the answers to: (when I find answers I'll post below)

- How do you know where to set up?
- How much money do you earn?
- Do you automatically sell your loot?
- What is the best ore to mine?
- Is mining better than trading?

Does anyone have any answers to these kind of questions yet? Any tips welcome.

I started with Silicon runs. Lots of fields right near the refineries.

I worked my way up to the large miner which pulled in about 300k per run.

Going to be honest here though, bug exploitation has been by far the most profitable money maker for me. If you check the spoiler section I am sure more then a few are in there.

Some were netting me about 20 million an hour or more.

[MinenSpecht]

Heres a guide to set up Automining:

https://gameplay.tips/guides/3489-x4-foundations.html

I got my M miner running today and it works like a charm. I wonder however why the M Argon Miner has no weapon slot for the mining drill.