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I'll give myself a fair amount of items and see how much I make
This is what I earned from a day in skull cavern with the spirits having the best luck and me mining every ore I saw
https://gyazo.com/623c7246a862ab041caa464a09234b73
Accounting for 25 coal I would have had to buy, I made 18,900 of metal bars
I'm sure if I went in with an inventory of stone to make ladders and 999 mega bombs, I'd make a lot of money with blacksmith, but if you can do that, I doubt you'd need the money
So it's actually more profitable to harvest gold ore from level 80 it would seem
Edit: I also sold all of the gems I got which made me about 6,000 more
Also, that's a suspiciously large amount of Copper, Iron and Gold. In Skull Cavern, every time you stop to grab worthless garbage like Gold, that's the same amount of Iridium (and more) that you're not getting later during your run.
I suspect a more optimized run would yield far, far better results.
on average (Miner-Blacksmith)
Cooper Node = 54g
Iron Node = 108g
Gold Node = 225g
compared to
Iridium Node = 900g
But yeah, I'm sure it could have been more optimized, I only got to about level 65 too
If I do another playthrough I'll go Miner-Blacksmith and should get it around half way through fall, but I doubt I'd ever take advantage of blacksmith in my 2nd year
My point was basically that it's a simple and reliable way to make money in the mid game, would need to be atleast 75% or higher to have real meaning after year 2
And about the coal thing, I just realised I somehow made a miscalculation with the price of it, so it's less profit than I thought
Levels 1-70 you get almost nothing.
Levels 70-100 you still only get about one Node per level.
But then Iridium gets more and more common very quickly...
Levels 300+ every single regular stone is an Iridium Node.
You're going to want a run to go above 100 to be considered a success.
Getting above 150 will get you a very high amount of Iridium.
200+ is crazy.
Find 800 Iridium Ore and, with Blacksmith and assuming you've got the Furnaces, that's a quarter mil in a single day (Prismatic Shards and Omni Geodes will more than pay for the Coal).
It's certainly got potential, it's just that people generally don't bother with more intense activities like Mining when crops can pay so damn much without much more work than going to bed around noon every day.
Yes, it certainly isn't bad. In a playthrough with any emphasis on Mining, it could be your primary source of gold in the mid-game and even a bit into the late game.
In my case, I tend to get to level 10 Mining rather late in the game. It's better for me to use the Gold Bars on Quality Sprinklers and once I have those I'm pretty much making free gold forever.