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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]]. For getting a profit, see Crashing The Market. | <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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<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. | ||