Mining Operations: Difference between revisions

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= "Standard" Uni Mining Op Shares =

Please see the standard method of distributing shares for Uni mining ops at the [[Running a Mining Op#"Standard" Uni Mining Op Shares|Running a Mining Op]] page.

The goal of the "Standard" Uni Mining Op is to make ISK for every participant. Each participant in the operation is given a "share" based upon his time in the fleet. This simple mechanism is intentionally biased to favor newer players (with smaller mining ships like mining frigates and cruisers) at the expense of older players (with the Orcas and Hulks), as the University's goal is to get all of its members into larger mining ships (such as the Retriever Mining Barge) that they can then afford to buy.

(If you can fly one of these ships, but cannot afford one, then [[Mining Loaner Fleet|borrow one from the Uni]] for a few weeks at no cost!)

A simple example:

* The operation goes on for 5 hours

** The fleet commander's ship participated for all 5 hours (probably hauling or with an Orca)

** Seven ships participated for 3 hours each

** Three ships participated for 2 hours each

** Total effort: 5h + 7 x 3h + 3 x 2h = 32 ship/man hours

* The mined ore sells for 160 million ISK

** Hence, each man hour of work is worth 5 million ISK

* The proceeds are as follows:

** Fleet commander: 5 * 5m = 25 million ISK

** 3 hour participants: 3 * 5m = 15 million ISK

** 2 hour participants: 2 * 5m = 10 million ISK

** Total: 25m + 7 x 15m + 3 x 10m = 25m + 105m + 30m = 160 million

(The fleet commander will usually use a spreadsheet to manage all of this, rather than doing it by hand as in this example.)

You can ask the fleet commander when to expect the ISK. Please be patient, as it can sometimes take the FC some time to refine and sell the ore, especially if he uses a third party to refine and sells using sell orders. That will get you more ISK, so you should be happy.

== Details ==

For the details: Please see the standard method of distributing shares for Uni mining ops at the [[Running a Mining Op#"Standard" Uni Mining Op Shares|Running a Mining Op]] page.

= References =

@@ Line 91: / Line 91: @@
 = "Standard" Uni Mining Op Shares =
-Please see the standard method of distributing shares for Uni mining ops at the [[Running a Mining Op#"Standard" Uni Mining Op Shares|Running a Mining Op]] page.
+The goal of the "Standard" Uni Mining Op is to make ISK for every participant. Each participant in the operation is given a "share" based upon his time in the fleet. This simple mechanism is intentionally biased to favor newer players (with smaller mining ships like mining frigates and cruisers) at the expense of older players (with the Orcas and Hulks), as the University's goal is to get all of its members into larger mining ships (such as the Retriever Mining Barge) that they can then afford to buy.
+(If you can fly one of these ships, but cannot afford one, then [[Mining Loaner Fleet|borrow one from the Uni]] for a few weeks at no cost!)
+A simple example:
+* The operation goes on for 5 hours
+** The fleet commander's ship participated for all 5 hours (probably hauling or with an Orca)
+** Seven ships participated for 3 hours each
+** Three ships participated for 2 hours each
+** Total effort: 5h + 7 x 3h + 3 x 2h = 32 ship/man hours
+* The mined ore sells for 160 million ISK
+** Hence, each man hour of work is worth 5 million ISK
+* The proceeds are as follows:
+** Fleet commander: 5 * 5m = 25 million ISK
+** 3 hour participants: 3 * 5m = 15 million ISK
+** 2 hour participants: 2 * 5m = 10 million ISK
+** Total: 25m + 7 x 15m + 3 x 10m = 25m + 105m + 30m = 160 million
+(The fleet commander will usually use a spreadsheet to manage all of this, rather than doing it by hand as in this example.)
+You can ask the fleet commander when to expect the ISK. Please be patient, as it can sometimes take the FC some time to refine and sell the ore, especially if he uses a third party to refine and sells using sell orders. That will get you more ISK, so you should be happy.
+== Details ==
+For the details: Please see the standard method of distributing shares for Uni mining ops at the [[Running a Mining Op#"Standard" Uni Mining Op Shares|Running a Mining Op]] page.
 = References =