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Economy: Difference between revisions
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<div class="cardcontainer" style="font-size: 14px; line-height: 24px;" align="justify">Galaxy has many ways to make money, each with advantages and disadvantages. Knowing when and how to work for credits will greatly help you progress in Galaxy. Each dropdown tab details a specific strategy for making money. Individual pages are also dedicated to [[Mining]], [[Trading]], and [[Pirating]]. | |||
<div class="cardcontainer" style="font-size: 14px; line-height: 24px;" align="justify">Galaxy has many ways to make money, each with advantages and disadvantages. Knowing when and how to work for credits will greatly help you progress in Galaxy. Each dropdown tab details a specific strategy for making money. Individual pages are also dedicated to [[Mining]], [[Trading]], and [[Pirating]]. For getting a profit, see Crashing The Market. | |||
<div class="TDiv shadowhover"> | <div class="TDiv shadowhover"> | ||
<h1 class="mw-customtoggle-MiningStrat shipclass">Mining</h1> | <h1 class="mw-customtoggle-MiningStrat shipclass">Mining</h1> | ||
<div class="mw-collapsible mw-collapsed content" id="mw-customcollapsible-MiningStrat" align="left"> | <div class="mw-collapsible mw-collapsed content" id="mw-customcollapsible-MiningStrat" align="left"> | ||
Mining is the root of the economy in Galaxy. Without mining, trading cannot be done. Mining involves using a [[:Category:Miner|miner]] to mine asteroids before dumping the [[ | Mining is the root of the economy in Galaxy. Without mining, trading cannot be done. Mining involves using a [[:Category:Miner|miner]] to mine asteroids before dumping the [[Ores|ore]] to a starbase (including [[Mega Base]]). Dumping ore is a miner's way of selling the ore it has collected, and ore in your hold cannot be used for anything else. Mining is slower than trading, but also much safer (assuming that you mine around your own base). Miners fuel the economy and help to keep it alive. Because miners are not armed; they can be a big target; so it's best to keep your miner around your own base - this also helps reduce travel time. | ||
When mining, every small mining laser mines 2.5 mass of ore per second, and every medium mining laser mines 5 mass of ore per second. The number of credits paid by your base for ores is worked out using the following formula:<br /> | When mining, every small mining laser mines 2.5 mass of ore per second, and every medium mining laser mines 5 mass of ore per second. The number of credits paid by your base for ores is worked out using the following formula:<br /> | ||
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*Uranium is great for trading since the difference in the Starbase price and the Mega Base price is larger than any other material. | *Uranium is great for trading since the difference in the Starbase price and the Mega Base price is larger than any other material. | ||
*Keep in mind that ship holds are based on weight rather than on ore amount. This may make certain ores more profitable to trade than others. | *Keep in mind that ship holds are based on weight rather than on ore amount. This may make certain ores more profitable to trade than others. | ||
<h3>'''Advantages'''</h3> | '''<<CRASHING THE MARKET>>''' | ||
If there happens to be an extremely large number of plasma batteries available, there is a way to get a profit from them instead of not buying them. Buy as much plasma batteries as possible, and do the plasma battery quests in terminal D, and sell it's uranium. 1 plasma battery=125 Uranium, which is well over 3.5k credits compared to the cost of a plasma battery, which is 3k credits. | |||
( PROFIT! )<h3>'''Advantages'''</h3> | |||
* Credits can be made '''very''' quickly with good prices. | * Credits can be made '''very''' quickly with good prices. | ||
* It can increase your faction's power (and therefore territory), and supply the faction with credits to buy base upgrades. This may become vital in a server where other factions have already leaned towards hostility. | * It can increase your faction's power (and therefore territory), and supply the faction with credits to buy base upgrades. This may become vital in a server where other factions have already leaned towards hostility. | ||
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<h1 class="mw-customtoggle-ServerStrat shipclass">Server Jumping</h1> | <h1 class="mw-customtoggle-ServerStrat shipclass">Server Jumping</h1> | ||
<div class="mw-collapsible mw-collapsed content" id="mw-customcollapsible-ServerStrat" align="left"> | <div class="mw-collapsible mw-collapsed content" id="mw-customcollapsible-ServerStrat" align="left"> | ||
Server Jumping is very similar to trading. Players try to buy the cheapest [[ | Server Jumping is very similar to trading. Players try to buy the cheapest [[Ores|ore]] they can find before transferring it to their [[warehouse]]. From there, the player jumps around servers until they find the highest price for that [[Ores|ore]]. It's best if you have a Freighter and a large [[warehouse]] for this [[Strategies|strategy]]. Another way players may use this is by selling to the [[Mega Base]] in another server instead of going to another faction. | ||
<h3>'''Advantages'''</h3> | <h3>'''Advantages'''</h3> | ||
* Because the prices extend multiple servers, '''HUGE''' amounts of money can be made. | * Because the prices extend multiple servers, '''HUGE''' amounts of money can be made. | ||
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* You can save your entire server economy | * You can save your entire server economy | ||
<h3>'''Disadvantages'''</h3> | <h3>'''Disadvantages'''</h3> | ||
* The one trading must already have enough money to buy [[ | * The one trading must already have enough money to buy [[Ores|ore]] from a base. | ||
* [[Pirating|Pirates]] may destroy your ship. (Assuming that you are at war with another faction.) | * [[Pirating|Pirates]] may destroy your ship. (Assuming that you are at war with another faction.) | ||
* Factions may have selling restrictions. | * Factions may have selling restrictions. | ||
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todo | todo | ||
<h3>'''Battery Duping'''</h3> | <h3>'''Battery Duping'''</h3> | ||
When certain NPCs are killed ( | When certain NPCs are killed (e.g. Galleon, Decimator, Punisher etc.), they will drop Plasma Batteries. Each one takes up 1000 units of cargo, so an Argonaut is the minimum requirement to start. Once a Plasma Battery is looted, the player has to travel to Mega Base, where they can transfer it to their warehouse, then head to Terminal D of Mega Base. There will be stairs leading up to the old Advanced Ship Shipyard, and there are 3 quests, each exchanging batteries for uranium. Completing the quest will remove the battery from the warehouse and deposit uranium of various quantities (100, 300 or 1250 depending on the quest). Afterwards, the player can sell the uranium to a base in exchange for credits | ||
<h3>'''Galleon'''</h3> | <h3>'''Galleon'''</h3> | ||
todo | todo | ||