Mining ore/silicon in a ship lucrative?

[Füchschen]

I did a big mistake :D
I filled my entire Cargo of my freighter with energycells and now im just a "mobile battery pack" because stations only need ~10-50 instead of (in X3) 2000-20.000

So im thinking of changeing my profession :D

Im not sure, but it seems, that mining is done in ships and there are no big mining stations anymore. Only refinering stations.
Is this the way, how you start making mony as a trading company?

[eXisor]

If you've already built your PHQ, you can just dump the energy (transfer wares) on your HQ station. It'll need it eventually.

Buy Miners and set them to automine. It levels up pilots really well and does provide a steady income. Autotraders also work, but restrict them to a few high demand, high cost items. Like Microchips, Spaceweed, etc.

[Füchschen]

Sadly i dont have the mony for the PHQ, because all went into my new freighter.

But basicly its now: quality > quantity
Thank you very much.

[Xautos]

You'd probably start off automining before too long on a new game, silicon is worth more than regular ore, so running a small mining empire of M sized miners all mining silicon will give you reliable credit income.

[stretch]

I assume everyones game is the same so if you want to make a little cash set some miners to mine Nividium and there is one station that will buy something like 375000 units from you. Then set them to automine silicon.

I think that nividium was the most valuable at the time to sell. The only one buying it stopped once he had all 375000 and it didn't refresh. Might do. Didn't that I saw though.

I already had a station well established before I got the PHQ so I just put some storage modules on it and send any traders like yours that have filled up on stuff to dump it there.

You should know that there is not alot of money in trading or mining. Both are a sideline while the economy is so stagnant. I hope that changes but right now it makes little money. Spend 5 million on a trader that will take years to pay for itself let alone turn a profit. Nonsense really.

Mining and trading is good to fill and maintain your own stations. Naff all money it it otherwise. Oh there is some and if you are canny I am sure people will disagree with me but really..........Get the crystal finder mod off nexus then go make millions and millions that way. Trying to make money from trading right from the start will wreck your life.

[Xautos]

I wouldn't recommend Nvidium mining unless that nvidium has a use like jewellery making stations or just plain disappears after a few minutes on trading stations that buy it.

Once it all filled it doesn't really benefit you. i put 24x miners on it one time, every ship offloaded their load once, they mined the second loading and they just sat there doing nothing. After that i was forced to indivudally adjust each ship orders to go back to silicon mining. not really worth it in the long run.

[Blitz4]

There'll always be a demand for mined resources. The more of your universe you explore, themore demand. On the map, top right, click that filter thing. select only solids and large demand, zoom all the way out and it should show the overall demand for each resource. Hovering over the 'hexes' will show an exact count.

grayduster on youtube tested each type of ore brilliantly: rename each miner to the type of ore and given an hour or so, checking the logs to see which one made the most money since starting. If you're in the same sector as your miner, it might not work as well.

Best part of mining, its the fastest to level up the crew.

[jackhickman999]

The best way to make money yourself is either by missions or by shooting crystals on asteroids as the player early on. Mining doesn't bring in a lot of money so it's better to mine the materials and turn them into to something for sale.

Trading is also bad.

[Cyrus]

Originally posted by jackhickman999:

The best way to make money yourself is either by missions or by shooting crystals on asteroids as the player early on.

This right here, get your self into a quick small ship and fly thorugh the asteroid fileds looking for the crystals (if you sit sitll looking at a field, look for sparkels)

Fly to them and shot the crystals of the asteroid and collect them (hold the vaccuum button) These are player inventory items and not cargo so a small / quick ship is better.

Then go to a station and sell them to a trader. Its VERY easy money starting out and you can pull in a few million farily quickly then use that to buy some miner and have them auto mine (set and forget on silicon) to start brining in passiv income while you do other things.

Random youtube vidoe going over the process:
https://www.youtube.com/watch?v=aWjEOBx-I5I

[jackhickman999]

Economy is also bad at the minute. I think a lot of it is due to the lack of NPC traders and the distance that they have got to travel. The stations are way too dispersed for the economy to be good and on top of that the prices for a lot of stuff is just really bad. Ships are a lot cheaper now but the goods seem to so much cheaper that you can't really sell base materials with traders for much of any profit.

[Füchschen]

After reading all of it, i hope, trading gets fixed in the next year. (right now, the crashes are more important to be fixed) but the eco should be next.

The biggest trouble is to understand the new economy right now.
for small minerals, i could refit my discoverer. (never thought, i would use a small ship for anything then discovering in any X-game at all, but now we are here in "foundations" ._.)