QA: Mining

I got an interesting Question from Shayline the other day:
How can I make money with mining and only a limited time to play?

Well this is a very interesting question and one that is a real problem for the casual player.

First off all: you have 2 proffesion slots: so take another one with you (a crafting one)
But about the mining now:
1st of all: get to know whats high priced in the server and what can be sold in large quantities.
Since your on my own server, mithril and saronite are both good for their time.
2nd off all: try to get to an agreement with someone that they will buy lets say 5-10 stacks from you, every week for a fixed price. That way you are sure of income.
3th: if you can't get someone to keep buying your stuff: AH.. never ever sell something that can be used to a vendor.. always to a real player, either by /2 or AH.
Since mining is a gather proffesion, you'll always have to spend time to gather which means you can't make more money then the time put in. Ofc if you are grinding for mines in scholozar basin, you can get up to 450-600G for an hour of farming. which is significantly lower than what I make for 30mins at AH.

What could also boost your income with mining:
Get someone to prospect your ore, and sell the gems instead, and see if it's worthwile it.


My recommendation for "casual" players: Get some money together, then drop the gathering proffesion and level jewelcrafting or inscription. You'll earn double the money with only half the effort!

Grtz
Seth

from 1C to 100K: SethOneCopper stepping into the world

Hey all,
Since I got as much comments I can actually hope for. (about 1 for every 100 readers) I think it's safe to say, I have the general idea:

So this eve, before my raid starts I'm doing the following:
setting up my bank: Sethonecopper, which will be a lvl1 gnome.
Giving him 100G.
Getting on Ari and with her craft about 20ish jewels, to get off my feet and up to aboutish 500G
(crafted products will be: +32ap +16int and +8int/3mp5) Since she's still only 71 I only have 5-6 recipes to choose from but it should be enough.
I will not purshace a bank at this point, but it is going to be a "reward" from my hard work.
The DK will probably start this weekend and lvl to 65: professions: engineer and bs. the DK will only be lvld and powerlvl his professions with the funds of my new bank (sethonecopper)

--
My Main is a LW so he'll not interfere with my new bank, but merly keep the old one at 10K for as long as necessary.
--

My goal? :
1: Reach 100K
2: give you guys some tips, pointers and must do's along the way.
3: Dominate the JC, ENG and BS market. (high tiers of it lvl80 items)

Side goal: Eradicate the need to farm my own mats. giving me an extra proffesion spot on Ari.

Reports:
1 Weekly report, maybe Biweekly if enough happens (with other words: if I screw up, you get 2 posts a week!)

My Challenge for me and you:
Mine: to make money with a profession I never used past skill150 -my bankers have the basic skill since the first rings make quite a good deal of side money -
Getting gold not primarly by resale but by prospecting and crafting.
Try and delete the need of farming my own mats.
etc

Yours: If you want, you can start the same project, and send me a mail. I welcome you guys to try out the same thing, and write some posts about it, that will be posted here, full rights granted to the person who wrote them.

In my previous post i also used the word: Help, now this came out so wrong.
I actually wanted: 1: some one who may be interrested in doing the same. or. nr.2 which will be a subject for further posts. IF this seems a bit wacky, or interresting, you'll can't wait what I have planned for NR.2

EDIT: to avoid confusion: My jewelcrafter (Ari) already has ore farmed which I will use to start the project. The 100G is used as funds for bags and posting, eliminating me to buy/resale something the first days. which actually make it harder.

Crafter's Gold: Mining...how?

Hey all,
Yesterday i checked prices from Mining materials on my server. And as we all know end-game mats of vanilla (thorium/mithril) are expensive. Now what i also saw is that (on my server atleast) they are worth more then saronite...
Saronite full stack = 20G
Mithril full stack = 50G
Thorium full stack = 70G

Even old gems are going for 15G a piece! some even for 30-50G (I'm looking at you Azerothian diamond!)
While I see hihglvl gems going for the same and even a lesser price!
So my advice for you: Are you lvling mining? or lvling a character? or just a high lvl miner and bored?
Try to go to some old locations with mithril/thorium (every 50-60 area is great! except for feralas) And see how much money you can make..
Ariäni lvld the past week, and while I didn't go out of my way to get anything. I came up with 3 stacks of mithril that I couldn't use anymore, and some stones and lowerlvl gems.
While lvling I made 250G just from those stacks. in a lvl 50ish area...
I don't know if you remember but...250G was a big deal back when on vanilla. Now 250G is enough for a raidnight and thats it, but while lvling this can get you a long way.
So again, if your lvling or want to start it, get mining... It's a pain in the ass from tin to iron (gap is quite big) but after that you'll thank me.

Grtz
Seth