10 things you need to know if you want to do industry seriously in Eve Online

[@newchaoz]

"get some friends", the best advice I have ever had :P

[@deliverator54]

Another good video, I am happy that you returned to the main purpose of this channel: Industry

[@Gamingsincethe70s]

Thanks, I'm glad you enjoy !

[@billleiker5314]

Just found you yesterday, spent 12+ hours grinding your vids, thanks for the content.

[@rensvisser6504]

KZbinr said it all correct here a different interpretation. 1: You need A omega(not you) 2: Seek a different market and/or buy straight from miners.(Markets region bound Jita is The forge) 3: Seek structucture in low manufacturing index region with less than 10% tax(npc charge 10% flat). 4: Let station decide what you build.(station geared at rigs? Look for rigs) 5: only build cheapass(extreme cheap stuff) stuff in high Cost indexes to reduce travel time. 6: Look to buy trough contracts to reduce costs.(Relist on market :) 7: Do PI in wormhole no where else(no taxes in wh, pure profit and 10% boost p0 materials) 8: Add Copying costs to invention costs. (People always forget) 9: Build a chain. Pi, pve, mining, reactionts all can be combines. 10: put up BUY orders up in advance, rougly 20% Cost reduction there. (When buying Jita, place buy orders in tranquility trading towers,4% less taxes). Eve is the LOOOONG game not fast game. 11: Evrything is a time/Cost distribution in Eve. Sometimes its better to forego 5 mill extra profit for 20 mill profit somewhere else in less time. 12: Have isk at hand. Firesales make YOU Richer. TL;DR min/max evrything.

[@infosec1812]

The amount of skills times the amount of opportunities in eve makes anything possible almost.

[@Jan_Seidel]

Thanks for this tutorial. Finally something of value :)

[@Gamingsincethe70s]

Glad it was helpful!

[@hundun5604]

14:30 Low tax costs, you're pointing to low-sec space. Don't forget to set your insta-dock & undock up.

[@iansanderson7233]

Nice video. I picked up a couple of tips from it. Also nice to meet one of my neighbours - Beke is very local to me!

[@Gamingsincethe70s]

Thanks ! Give me a call in game :)

[@je7578]

Nice summary 👌. Another rare beast... Coming back after being out for a quite a few years. RL = 3xkids. Good to know the fundamentals remain the same if not the mechanisms. Antimoni.

[@Gamingsincethe70s]

Thanks, glad you enjoy !

[@Car_Mo]

This is a personal rule of mine; Never store BPO's in player structures. Find a decent NPC station and keep/research/copy your BPO's there. Last i checked i had around 50bill worth of BPO's and most are fully reseaches, so the real market value can easily be close to the double. Moving expensive BPO's around is something to avoid at all cost. I'll rather keep them in one place and fly BPC's 5-10 jumps to the production station. If you store BPO's in an Uppwell structure and it is destroyed, your items will be moved to "asset safety" in a NPC station nearby, but you will have to pay a lot to get your items back, based on the value.

[@Gamingsincethe70s]

Risk vs reward, they will cost less and upgrade faster in a player own structure. You can minimise the risk by caring a few at a time in a fast stealth ship. You also have some warming in upwell structure timers, they usually wont blow up without notice. But yeah NPC structure is less risk at the cost of some efficiency.

[@spaencerable]

that's only if you're in HS

[@EricNeedle]

Great info, thank you. :)

[@Gamingsincethe70s]

Thanks !

[@crazysonorangaming]

One thing a lot of people miss, and I dont remember you mentioning it, is the tax on manufacturing charged by the station owner is a percentage of the system cost index fee, not a percentage of the whole job cost. I have built in a station with a SCI under 1% with a 25% tax and the tax was still really low. Also, try to build in a Azbel or Sotiyo, they have a time bonus than that of the Raitaru as well as a better, but small, isk cost for manuf and science jobs. NPC stations are even slower than the Raitaru. PI can make insane isk of you do mainly production. Even more if you have an army of pilots with 6 planets each like I do extracting the raw mats and producing stuff with it. Typically I do produce the P1 on the source planet then move it once to a factory planet to make the P2-4. Very informative video, will really help people get into industry.

[@halflopes4868]

Great vid, just learned a few key points that would have taken me a few billions to figure out on my own. The ratio Knowlage/Time spent is trought the roof right here, rightf now !!! o7

[@alistairbolden6340]

I do disagree with you on highsec production, it really depends on what you are selling but Jita and the other high sec hubs are really by far the best place to sell, and being close to them saves a great deal of time and risk, there is a big war on right now and may structures are being attacked across null. Third party corps are taking risks they never normally would to attack targets behind the front lines and so having to transport goods across null to sell at Jita is a nightmare. Several null sec corps have moved back to low sec because of the logistics issues involved in getting to the markets currently. In general selling me items for a low mark up in a very active market like Jita is much better profit than selling very few items at huge market such as a null sec hub. Your best bet is prob to join a Corp with close ties to Snuffed Out of one of the other low sec corps that are close to Jita. Failing that living in Jita and just producing and selling there is often better than being in Delve or Fountian and having to haul wares across the entire cluster to sell.

[@Amathylar]

You dont need to be way the hell out to build things. I build things 1 jump from Jita and have only docked / undocked to move mats and finished goods. Jita is by far the best place to sell stuff / buy things. Made over 23 billion with minimal time online over 3 weeks.

[@atomicsockbombs]

If you mine with your guns then your minerals aren't free, you get paid for them. If you run a level 4 mission, kill the NPC rats, collect the bounties, collect the loot, (ie. shield hardener, armor plating, laser turrets etc.) then salvage the wreck. What you can get is ( for example) 25 million isk in bounties, about about 3 million in loot and salvage. Then you reprocess the Meta level 1 and 2 loot for minerals. Keep or sell the rest. I let my Meta level 1 and 2 loot gather up and reprocess them in large batches. My last batch gave me 22 million in minerals. And I made over 120 million in bounties getting it. In the end I now have gathered over 2.1 billion in minerals yet I only mined about 4% of that.

[@jhgfghjfuzrtfchchghgf]

Thanks for the video. May I ask what your plan is for your station getting attacked? Will you be able to evacuate in time? I assume you have huge m3 of ore in there. How will you be able to get that out of the station in time?

[@Gamingsincethe70s]

Well obviously you might need to evacuate and that is true of any player owned station. You usually have ample time to do. You have 24-48h for the first timer and then 48-72h for the last timer. As a corp we just get a few freighter run to the local NPC station and it's done. The worst problem is running build job. If you have an orca running and your station goes poof... no more orca. But since NPC station production lose money it's really a non issue... build in player owned structure and manage the risk or don't produce IMHO.

[@ashokrayvenn]

Don't forget building varying priced ships over 20 mil and placing them on the Hypernet Relay as an option to make some nice profit.---If you like the Zen of Mining that is.

[@Gamingsincethe70s]

I don't personnaly encourage other people's gambling habit, but yes it's a valid marketing strategy :)

[@ashokrayvenn]

@@Gamingsincethe70s gambling habit!? I will bet you 20 million ISK that I don’t have any gambling habit!

[@jamegumb7298]

I'd say some pricey ship BPO are worth having. Megathron is bought a lot, Caracal, Ferox, Tornado. Then make copies and sell them. I started out doing that for the Caracal not too long ago. Also researches into Cerb 's.

[@Gamingsincethe70s]

Yeah but you really got to do the math, like how much copy do you expect to use / sell.

[@jamegumb7298]

@@Gamingsincethe70s For the corp at cost, and they give me a (slightly) larger cut from pvp fleet ops. Open market, it really fluctuates, as always. Sometimes good profit, sometimes not. But for T2 I always made isk.

[@pandorised]

You forgot one of the most important part: Do Your Excel homework, for each components and taxes, so you know how much you are earning. I usually sell at 25 30% profit, so it sells fast.

[@Gamingsincethe70s]

Yes you need to do your homework. The corp make around 400mil per week in production because I'm not harnessing everyone's build slot. Individual members make their own stuff so I don't know how much they make.

[@dootdoot1867]

Excel? Quattropro few.

[@Pops1970]

Are you using a typewriter from the 70s too? That's the loudest keyboard I've ever heard. Lol. Great video though! Good stuff.

[@dienadel30]

I never got into PI I have close to perfect skills but it seemed like a chore to me though I only dealt with ammo and charges and some drones made a killing at my peak I had to source minerals my structures paid for themselves had two small moon mining bases though I was extorted for one of them I could not defend any of my structures so played ball when I needed too. Would I do it again once back to work yes I would :) Great video !

[@Gamingsincethe70s]

Thanks ! Yeah some people try to extort industrialist, that's why I maintain a group of allies to can help for structure defense and make sure my corp is at least proficient enough to be able to be useful in a fleet.

[@jamegumb7298]

Joined a PI focus corp, under the umbrella of a large alliance. When stations were blasted by a smaller corp, there were some corp swapping shenanigans, and bam, 380 showed up to blast the aggressor, then blasted 5 of their stations. A big group does have its perks.

[@josemartins-game]

Industry is totaly broken at the moment. 80% of stuff, is being sold by a lower price than the costs of parts.

[@Gamingsincethe70s]

I won't disagree :) There is overproduction across the board and it's worst now because of the lag between mineral price increase and finished good price increase.

[@josemartins-game]

@@Gamingsincethe70s yep. You are correct. Currently, I've halted all my small production and barely fly. Taken this break to train skills. I prefer to keep my raw materials for now, and see how the situation evolves. I have a small fortune in minerals, some time I feel tempted to sell it, but I'resisting. 😂

[@TheFlightsimNerd]

Here we are 3 years later and it doesn't look like much has changed

[@project_brewery]

Copying a BPO and invent it to T2 BPC, then i produce the module. I also do reaction, mining and PI, for that module. Soo my Qestion is, Where is the break even point when i need to build a POS for it. My figures right now is my tax and mfg cost is 60 mil / week and models outcome is around 1 Bill iSK.

[@Gamingsincethe70s]

Well really hard to say without knowing the volume of what are building and where. I didn't people still built in POS. If you do reaction / copy and invention then I assume you have access to a low/null sec structure. What's you full setup there ?

[@project_brewery]

@@Gamingsincethe70s I cannot say exacly where im are. But i can say somewhere in Legacyspace.

[@DarkDarcek]

What a fantastic information source.. blow my mind.. thanks for this! 👌 p.s Im only Alpha as I quitted the game and came back to find this new alpha \omega system. I cant be Omega because of the nature of the game but I still learnt alot of intresting stuff that I will implement and will even benefit players with an Alpha account! cheers

[@Gamingsincethe70s]

Thanks, glad you enjoy !

[@simply4est]

Great tips, thanks!

[@JourneyOnLife]

I liked playing with the PI. Didn't make any money but it was fun : ) when it 1st came out 2012? I wonder how it is now? I do wish it was a tiny bit easier. If I do it again, i will be able to do better cuz the better PI KZbin vids now. I'm guessing : )

[@thomasreed2427]

How do you get 7% from a rig - I thought T2 material rigs were 2.4%, times the 1.9 low-sec multiplier gives 4.6 - what am I missing?

[@Gamingsincethe70s]

Thukker rig for capital component in low sec actually beat null bonus. everef.net/type/45544

[@thomasreed2427]

@@Gamingsincethe70s Holy hell, I had no idea there rigs existed. Thanks for the info, especially on a 2 month old video - you're the best!

[@Gamingsincethe70s]

@@thomasreed2427 Thanks, glad to be of help !

[@KenLives333]

great vid, nice vib, thank you.

[@alanwatts8239]

Number 1 rule to success in EVE industry: Be lucky enough to have played the game when T2 BPO's were available to average folk. :)

[@Drak976]

:*(

[@Ryanpbny]

Tutorial you must masta da eve online da end

[@TheVitalij24]

Great vid always wanna go industry pro

[@bourretmaxime5156]

Crop QC?

[@Gamingsincethe70s]

The CEO and a few members are from QC but the corp chat & voice com are english with our members coming from as Europe (60%) NA (30%) Kangurus and Kiwi land (10%)

[@TheoriePraxis]

great Video!!! more Industryyyyy

[@Gamingsincethe70s]

Glad you enjoy ! I will try to do other special episode on industry. It try to make sure that I do original content and not just redo a tutorial someone else has already done better than what I can produce.

[@sasha-01]

Go Omega, tabarnak

[@Gamingsincethe70s]

Eve without Omega is kind of pointless except for extra set of eyes and spies

[@ZetaReticulian]

It’s so difficult to fallow 90% of what I’m hearing I’m sorry. It’s difficult to discern singular from what’s plurality and the message gets lost in the mess.

[@StalwartSpaghetti]

Is it even possible to play this game without an army of alt accounts?

[@TheDiazDarkness]

Yes. Just choose whatever you want to play and do it. People make alts to do different stuff because the game is designed for specialization.

[@psoren423]

Great info

[@Jackpkmn]

Just don't do indy and rat wormholes instead.

[@Gamingsincethe70s]

Depend on what you want to do in the game. If you are looking for the most ISK per hour, I agree with you, almost anything is better than industry. But if chose industry as your profession because that's what you like to do, then you might as well do it efficiently.

[@Jackpkmn]

@@Gamingsincethe70s Imo if you really enjoy something then the profit doesn't really matter. I just wish i could do indy without doing mining, hauling or market pvp. Those things destroy my soul. I'll prolly just stick to reacting gas in my home wormhole.

[@Gamingsincethe70s]

@@Jackpkmn Clearly you should be doing what you enjoy. And I agree with you about the mining... really hate it, but on the positive side, we have people in corp that enjoy it's not a bottleneck for me.

[@Gamingsincethe70s]

@David How much time for those 800 mil ? I can make more than a bill grinding incursion for 8 hours, but I would go insane :)

[@ryelor123]

Make a video about how to scam people out of isk with contracts.

[@annieldelgado8242]

If you buy it from the market the minerals have cost. If you mine it than it’s free.

[@zachary5101]

Nope it's atleast valued at the highest buy order. Why build something and sell for 1mil when the minerals are worth 2mil

[@videoggamer3610]

first

[@Gamingsincethe70s]

Grats !

[@shorngilerhand1800]

THUMBS DOWN UTUBE ADDS LIVE CAPTIONES

[@jim01q]

18:46. WTF is that layout? If your gonna do guides, you need to get a clue, pal.