Pick used: Level mined at: random mining or strategic mining (2x2 3x3 3x2?): amount of time spent mining: as most shops have not yet updated prices please do /worth on your ores and then multiply by 1.73 and post profit here:
Half hour of mining magic pick level 3 iron ores on Y15 Profits with 73% prestige added: 42289.3656 if multiplied to assume an hour was done profits: 84578.7312 assuming this fluctuates I would say mining is at currently 80-90k an hour range if only mining iron with magic pick.
One hour of mining using magic pick level 3 and no boosted redstone ore. Used /wild and flew around until found an opening in the ground for a cave (doesn't take very long at all). My strat was to surface mine in caves (exposed ores), generally between -30 and 40. I used /wild about 10 times to find fresh caves. HAUL 1,729 iron blocks = $48,861.54 510 gold blocks = $7,201.20 187 copper blocks = $1,884.96 276 lapis blocks = $2,036.88 325 redstone blocks = $3,919.50 13 diamond blocks = $2,199.60 14 coal blocks = $131.04 EXP Earned: 5,841 (about 10 nstars) Total of ores combined: $66,234.72 base price plus about 20,000 for nstars Old Server Prices Iron Block $14.10 Diamond Block $84.58 Gold Block $7.06 Lapis Block $4.23 RedStone Block $6.10 Copper Block $5.03 Coal Block $4.70 New Server Prices Iron Block $28.26 Diamond Block $169.20 Gold Block $14.12 Lapis Block $7.38 RedStone Block $12.06 Copper Block $10.08 Coal Block $9.36 Looks like everything was boosted about 50% more
Small sample size, but I mined iron with a L3 pick for 15 minute in a mountain that @Jerry_88 had previously excavated with a magic shovel. Haul: 592 iron block = $16,729.92 @ base price * 1.73 = $28,942.76 @ prestige price This comes out to an hourly rate of $66,919.68 @ base price and $115,771.05 @ prestige price
$74,118 Random cave and surface / wall mining hourly earning includes sale of nether stars at $2200 per.