Right where he said it was. Honestly, dude, he made a claim about the numbers in January vs the numbers literally the day before the patch went live. Nothing that happened after that point changes how accurate his claim was that day. At this point, youâre the guy standing in the Senate with a snowball saying âItâs snowing out! Whereâs the global warming, huh?!?â
The Production v Destruction graph is measuring in value, the individual mining graphs are measuring in volume. If you look at the produced v destroyed html, you can pull up the actual #s for the drop: The January peak (on the 25th) was 1.090592T. End Feb was 944.8558B. So thatâs a drop in value mined of 13% from the peak, but itâs only daily snapshots.
Meanwhile, the MPI isnât that granular. It only gives you month-by-month, and shows an overall rise in the Mineral Price Index. Looking at the breakdown, we see the increase in the Low-End Minerals (0.04) is twice the decrease in the High-End Minerals (0.02). The total change in MPI, though, is from 179 to 183.
Taken together, this suggests that the loss in mining value despite volume mostly staying the same or even increasing some is likely the result of a general move from mining âhigh-endâ ores toward âlow-endâ ores and just ramping up the volume mined to take advantage of rising prices.
Eh, Iâve been working on a non-EVE spreadsheet project for the last few days, just taking a break atm.
I am kind of concerned about the reduced ISK velocity overall, and the fact that itâs continuing to drop. Market activity is slowing significantly. Weâre at 66% of the velocity we were at 2 years ago (0.365 vs .0546) with 114% of the ISK supply.
That velocity is by taking the total market trades over 30d and dividing by the available money supply, so reversing it should be simple, and that tells us:
2 years ago: 0.546 trades/isk * 1.262 quadrillion ISK = 689.052 trillion trades over 30d
Now: 0.365 trades/isk * 1.439 quadrillion ISK = 525.235 trillion trades over 30d.
Which is 76.2% of the trade volume, so weâve lost about 24% of the overall economic activity in the last 2 years. In that time, PCUâs dropped by ~14%. So youâre looking at fewer concurrent logins, and less market activity, even though the money supplyâs never been higherâand the market activity is slowing down faster than the PCU is dropping. So⌠that worries me. Iâm hopeful that things stabilized in the Jan-Feb window, and weâll start to see some real recovery, but⌠CCP needs to find ways to get people to come back and get in space, not just find ways to piss people off with ham-handed money grabs.