Collecting iron ore

Collecting iron ore is a tried-and-true money-making method in Old School RuneScape (OSRS) that caters to both new and seasoned players. With the ability to mine iron ore at various locations, players can enjoy a steady income while leveling up their mining skills. On average, you can expect to make around 50K GP per hour, but this can vary significantly based on your efficiency and the location you choose. For lower levels or less efficient players, earnings might dip to about 30K GP per hour, while high-level players utilizing the best spots and gear could rake in upwards of 80K GP or more each hour.
This method is particularly appealing due to the relatively low requirements and the consistent demand for iron ore, which is essential for crafting armor and weapons. Whether you’re mining solo or in a busy area, the potential for profit makes collecting iron ore an attractive endeavor in the OSRS world. As you progress and optimize your routes, your earnings will undoubtedly increase, solidifying this method as a staple in your money-making arsenal.
Requirements
Before diving into the various money-making methods in Old School RuneScape (OSRS), it’s crucial to understand the fundamental requirements that determine your eligibility and potential profitability. These requirements can vary significantly depending on the chosen method, but they generally fall into several categories:
- Combat Level: Many money-making methods, especially those involving monsters, require a certain combat level to efficiently farm resources or loot. For example, methods like killing Zulrah or participating in Slayer tasks typically require a combat level of 70 or higher.
- Skills: Different methods require specific skills at varying levels. For instance, to mine rune ore, you’ll need at least level 85 Mining. Similarly, crafting methods may require levels in Crafting and Smithing, such as level 50 for crafting dragonhide armor.
- Quests: Certain money-making methods necessitate the completion of specific quests. For example, completing the “Recipe for Disaster” quest is essential for accessing the Chaos Druid bosses, which can drop valuable loot.
- Access to Areas: Many profitable activities are located in specific areas that may require quests or items to access. For example, to engage in Lizardman Shaman farming, you must have completed the “Tears of Guthix” quest to enter the appropriate region.
- Gear and Equipment: Some methods also rely on having certain gear. For example, using the best woodcutting axe or the Dragon pickaxe can significantly speed up resource gathering, thereby increasing profit margins.
- Financial Investment: In some cases, you may need initial capital to start a money-making method, such as purchasing supplies for skilling or potions for combat methods.
Understanding these requirements is essential for optimizing your time and efforts in OSRS, ensuring that you choose methods that align with your current skills and resources.
Required Quests
To maximize your efficiency and profitability in your chosen money-making methods in Old School RuneScape (OSRS), completing specific quests can provide access to critical resources, enhance your skills, or unlock beneficial areas. Here are some essential quests that may be required:
- Fremennik Trials: This quest is essential for accessing various Fremennik locations and obtaining the Fremennik Sea Boots, which offer a teleport to the area and additional benefits.
- Plague City: Completing this quest allows players to access West Ardougne, a key area for several lucrative activities, including farming and merchanting.
- Waterfall Quest: This quest provides a significant experience boost in Attack and Strength, allowing you to level up quickly and engage in more challenging combat activities.
- The Dig Site: Completing this quest is necessary for training Archaeology and unlocking some valuable items that can be sold on the Grand Exchange.
- Animal Magnetism: Essential for players seeking to utilize the best chinning methods, this quest grants access to the Bonecrusher, which can be a game-changer for experience gains and profit.
- Fairy Tale II – Cure a Queen: This quest unlocks Fairy Rings, offering fast travel options that can significantly reduce time spent traveling between money-making locations.
- Dragon Slayer: Completing this iconic quest unlocks the ability to wear Rune and Dragon equipment, increasing your combat effectiveness and allowing for higher profit margins in combat-related activities.
Each of these quests opens up new opportunities and resources that can enhance your money-making strategies in OSRS. Be sure to check the requirements and plan your questing efficiently to maximize your gains!
Profit
The profit potential in Old School RuneScape (OSRS) can vary greatly depending on the method utilized, market fluctuations, and the player’s efficiency. To give you a clearer picture, here are some detailed insights into potential profits from various money-making methods:
- High Alchemy: One of the most popular methods for consistent profit is High Alchemy. By turning items into gold, players can profit around 1,000 to 5,000 coins per cast depending on the item. High-alching items like uncut dragonstones or amulets can yield significant profits.
- Bossing: Engaging in boss fights can lead to lucrative drops. For instance, killing the Abyssal Sire can yield profits ranging from 1 million to 4 million coins per hour, depending on the player’s gear and skills. Similarly, defeating Zulrah can net around 1 million coins per hour.
- Skilling: Certain skills can be incredibly profitable. For example, 99 Fishing at the best locations can yield over 1,000,000 coins per hour by catching sharks or anglerfish. Crafting items like amulets or potions can also bring in hefty profits, especially during busy trading periods.
- Flipping: Utilizing the Grand Exchange for item flipping can lead to profits of 10% to 30% per item, depending on market trends. Players who master flipping can generate millions of coins in just a few hours.
- Woodcutting and Fletching: Chopping magic trees and fletching their logs into darts can yield around 600,000 to 1,000,000 coins per hour. This method is particularly favored for its relatively low requirements.
- Farming: Planting and harvesting specific crops can be highly profitable. For example, growing papaya trees can yield profits around 40,000 coins per harvest and require minimal effort.
Overall, the most profitable methods in OSRS often require a combination of skill, strategy, and market awareness. Players are encouraged to experiment with different methods to discover what works best for their play style and current market conditions.
Output
The output from your money-making methods in Old School RuneScape (OSRS) can vary significantly depending on the method you choose, the efficiency with which you execute it, and market fluctuations. Here are some key aspects to consider:
- Gold Per Hour: Many methods have an estimated profit per hour. For example, high-level Alching can yield around 1-2 million GP per hour depending on the items you are alching.
- Item Drops: If you’re hunting monsters for profit, the output may include rare drops that can be sold for a high price, such as the Scythe of Vitur or Dragon Claws, which can fetch upwards of 20 million GP on the Grand Exchange.
- Resource Gathering: Methods like woodcutting or fishing can yield materials that are in high demand. For instance, gathering Magic Logs can provide around 600-800k GP per hour, depending on the market.
- Crafting Profits: Crafting items such as Dragonhide armor can result in significant profits, with outputs varying from 500k to 1 million GP per hour based on the type of leather and the current GE prices.
- Market Volatility: It’s essential to keep an eye on the Grand Exchange prices, as the profit output can change abruptly. For example, the output from flipping items can lead to profits ranging from 100k to several million GP in a single session, depending on your flipping strategies and market trends.
- Consistency vs. High-Risk: Some methods may provide consistent, smaller gains, while others, like bossing, may yield high rewards but come with risks. Understanding your risk tolerance is crucial for determining your overall output.
In summary, the output from your money-making endeavors in OSRS can be quantified in several ways, primarily focusing on gold earned per hour, valuable item drops, and market demand for crafted or gathered resources. Tracking your profits and adjusting your methods based on current trends will maximize your efficiency and earnings.
Best Locations
In Old School RuneScape (OSRS), the best locations for money-making methods vary greatly depending on the activity you’re engaging in. Below are some of the prime spots categorized by different methods:
1. Fishing
- Catherby: This is one of the best spots for fishing sharks and tuna due to its proximity to a bank and the fishing spots.
- Karamja: Ideal for catching lobsters and swordfish, especially if paired with the Cooking Guild for quick banking.
2. Woodcutting
- Falador: The area south of Falador is packed with oak and willow trees, allowing for efficient woodcutting.
- Seers’ Village: A great location for cutting yews, which are profitable and have a good respawn rate.
3. Mining
- Mining Guild: Especially effective for mining iron and coal, with the nearby bank in the dwarven area for quick deposits.
- Al Kharid Mine: A reliable spot for mining copper and tin, perfect for new players starting out.
4. Combat Training
- Bandit Camp (Kharidian Desert): Excellent for training combat stats while passively earning money through loot.
- Chaos Druids: Found in Taverley Dungeon and the Edgeville Dungeon, these are great for herbs and low-level combat training.
5. Farming
- Farming Guild: This is an optimal location for herb runs, particularly for high-value herbs like snapdragons and torstols.
- Hoscarl’s Patch: Located in the Farming Guild, it’s perfect for growing valuable crops.
6. Slayer:
- Cave Horror: A prime location for Slayer tasks that drops valuable items like black masks.
- Nechryael: Found in the Slayer Tower, these monsters drop a range of valuable loot, including runes and rare drops.
Choosing the right location can significantly improve your profit margins and efficiency. Be sure to consider factors like proximity to banks, respawn rates, and the level of competition when selecting your ideal spot.
Tips and Tricks
When looking to maximize your profits in Old School RuneScape (OSRS), implementing effective strategies can significantly enhance your experience. Here are some valuable tips and tricks to help you along your money-making journey:
- Utilize Efficient Training Methods: To optimize your skills, focus on training methods that offer high experience rates for the least amount of time. For example, using Red chinchompas for Ranged training can expedite your skill level while also providing a profit during your sessions.
- Watch the Grand Exchange: Keep an eye on the Grand Exchange to identify fluctuating item prices. Items that are currently in demand can yield higher profits, so consider investing in them when prices are low and selling when they increase.
- Join a Clan: Many clans provide valuable resources, tips, and support. Joining a clan focused on money-making can help you stay informed about the latest trends and methods, enabling you to profit more effectively.
- Stack Your Inventory Wisely: When gathering resources, make sure to maximize your inventory space. Items like Rings of Wealth or Graceful Sets can benefit you by increasing your drop rates or reducing the weight of your inventory, respectively.
- Use Teleports: Teleportation can save you a significant amount of time. Familiarize yourself with the various teleportation methods available, such as Teleportation Tablets or Ancient Magicks, to quickly access profitable activities like bosses or resource zones.
- Participate in Events: Stay vigilant for in-game events that can provide unique rewards or increased experience rates. Events like Christmas Events or Halloween Events often offer rare items that can be sold for a hefty profit.
- Plan Your Quests: Some quests reward you with access to profitable resources or locations. Be strategic about which quests you complete, especially those that unlock essential features like the Fairy Ring Network or access to specific bosses.
- Keep an Eye on Your Supplies: Always ensure that you have enough supplies before engaging in activities that require them. Running out of supplies mid-task can result in wasted time and potential profit loss.
- Use Alchemy Wisely: If you have access to the High Alchemy spell, consider using it on items that have low demand but high alchemical value. This can convert unwanted items into cash quickly.
- Explore Alternative Methods: Don’t hesitate to experiment with different money-making methods. Whether it’s flipping items on the Grand Exchange or engaging in skilling, diversifying your approach can lead to discovering new, lucrative opportunities.
By employing these tips and tricks, you can significantly enhance your money-making potential in OSRS and enjoy a more rewarding gameplay experience!
Experience Gains
In Old School RuneScape (OSRS), understanding the experience gains from various money-making methods is crucial for both profit and skill progression. Here’s a breakdown of how experience gains work in relation to different activities:
- Skill Training: Many money-making methods also provide experience in relevant skills. For example, if you are fishing for profit, you’ll gain Fishing experience alongside earning gold. The experience rates can vary depending on the method used.
- Example Methods:
- Flipping Items: While flipping items at the Grand Exchange does not provide direct skill experience, it allows players to consistently earn money, which can be used to fund other activities that do grant experience.
- Herblore: Crafting potions can yield significant Herblore experience. For instance, creating Super Restore potions provides 150 experience per potion, making it a viable method to train Herblore while making profit.
- Mining and Smithing: Mining ores, such as Runite or Adamantite, grants Mining experience. The experience is significant, especially in higher-level areas where more profitable ores are found. For example, mining a Runite ore grants 50 experience.
- Experience Rates: The experience per hour can vary depending on the method and location. For instance, when using the best methods for training Fishing, players can achieve rates of up to 70,000 experience per hour, especially when using fishing spots at high-level areas like the Fishing Guild.
- Boosts and Bonuses: Players can utilize experience-boosting items or events to increase their gains. Items such as the Wisdom Aura or Skilling outfits can enhance experience rates significantly. For example, wearing the full Graceful outfit while training Agility can lead to faster experience gains due to reduced energy depletion.
- Quests and Achievements: Completing quests often provides substantial experience rewards. For example, finishing the quest Animal Magnetism grants players 2,500 experience in both Prayer and Summoning, benefiting both skill progression and profit-making opportunities.
- Compounding Gains: Engaging in multiple money-making methods can lead to compounded experience gains. For instance, while mining ores for profit, players might also gather ores to later smelt into bars, allowing them to gain both Mining and Smithing experience over time.
- Conclusion: Always consider the experience gains alongside profit potential. Balancing both aspects can enhance your overall gameplay in OSRS, allowing you to train skills efficiently while also maximizing your gold earning potential.
Alternative Methods
In Old School RuneScape (OSRS), there are various alternative methods to make money that cater to different skill levels, play styles, and interests. Here are some popular approaches:
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Flipping Items:
Flipping involves buying items at a lower price and selling them for a profit on the Grand Exchange. This method requires a good understanding of market trends and item prices. Players often focus on high-demand items like Sharks or Dragon bones for steady profits.
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Gathering Resources:
Players can gather resources such as Logs, Ore, or Herbs and sell them on the Grand Exchange. Common options include:
- Woodcutting: Cutting Yew or Magic logs can yield significant profits.
- Mining: Mining Runite ore or Adamantite ore is a lucrative way to make money.
- Herblore: Collecting Herbs and making potions can be profitable, especially for high-demand potions like Super restore.
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Skill Training:
Leveling up skills can often lead to better money-making methods. For example, training Fishing to catch Anglerfish provides high selling prices and is in demand for healing.
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Bossing:
Engaging in boss fights can yield high-value loot. Some notable bosses include:
- Zulrah: Drops valuable items like the Magic fang and Tanzanite fang.
- The Abyssal Sire: Known for dropping the Abyssal dagger and Pet Abyssal Sire.
- Gauntlet: Completing the Gauntlet can reward players with the Blade of Saeldor.
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Quests:
Completing quests often provides monetary rewards or unlocks new money-making methods. For example, the Dragon Slayer II quest opens up access to the Scarabites, which can be a great source of income.
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Minigames:
Participating in minigames can also be a profitable venture. Examples include:
- Pest Control: Rewards players with Void Knight equipment that can be sold for substantial amounts.
- The Nightmare Zone: Players can earn Reward Points that can be spent on items to sell.
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Player Killing (PKing):
Engaging in PvP can be a risky but rewarding method. Players can loot gear and supplies from other players, which can be sold or used.
Exploring these alternative methods can diversify your OSRS experience and lead to substantial profits. Always keep an eye on market trends to maximize your earnings!
Conclusion
In Old School RuneScape (OSRS), mastering money-making methods is essential for progressing and enhancing your gameplay experience. By utilizing the strategies outlined in this guide, players can effectively increase their in-game wealth and resources. Whether you’re an experienced player or a newcomer, understanding the nuances of each method will help you make informed decisions about how to invest your time and effort.
It’s important to remember that the OSRS economy is dynamic and subject to fluctuations based on player activity and updates from Jagex. Therefore, staying informed about the latest trends and adapting your methods accordingly is key to maximizing profit. Engaging in various activities not only diversifies your income sources but also keeps the gameplay fresh and exciting.
Additionally, the community aspect of OSRS plays a significant role in discovering new money-making opportunities. Participating in forums, watching guides, and collaborating with other players can provide valuable insights and tips that may not be immediately apparent. Always be on the lookout for updates, patches, and community events that can create new avenues for profit.
Ultimately, the best money-making method is one that aligns with your playstyle and goals within the game. Whether you prefer combat, skilling, or merchanting, embracing your chosen methods with patience and consistency will lead to success. Enjoy the journey as you build your fortune in Gielinor!