Smelting iron bars

Smelting iron bars is a popular money-making method in Old School RuneScape (OSRS), especially for players looking to utilize their mining and smithing skills effectively. This method involves mining iron ore, which can then be smelted into iron bars using a furnace. Players can easily find iron ores in various locations, making this a convenient method for both new and seasoned players. Depending on the current market price, players can earn around 100k GP per hour at a low efficiency, 300k GP on average, and up to 500k GP at high efficiency with optimized gameplay.

The profitability of smelting iron bars largely hinges on the fluctuating market prices of iron ore and the bars themselves. By focusing on efficient mining and smelting strategies, players can maximize their profits while enjoying the process. This method not only provides a steady income stream, but also contributes to leveling up essential skills that can open doors to even more lucrative money-making opportunities in OSRS.

Requirements

To effectively utilize money-making methods in Old School RuneScape (OSRS), players must meet various requirements that may include character levels, skills, and access to specific areas. Below are the detailed requirements for engaging in popular money-making methods:

Skill Levels:
- Many methods require certain skill levels. For example, to fish sharks, a player must have at least level 76 Fishing.
- For crafting jewelry, players need level 40 Crafting to create emerald rings for profit.
Quests:
- Some money-making methods are locked behind quest requirements. Completing “Animal Magnetism” is essential for using the Ava’s Device to gather items efficiently.
- Players must complete “Plague City” to access the West Ardougne area, which is crucial for certain profitable activities.
Access to Locations:
- Certain areas are crucial for specific money-making methods. For instance, players need access to the Fishing Guild to fish for certain high-value fish.
- To mine runite ores, it’s necessary to reach the Mining Guild or the resource dungeon in the Wilderness.
Gear and Equipment:
- Having the right gear can significantly enhance profit rates. For example, wearing a Varrock Armor while mining increases the chance of receiving extra ores.
- For combat-related money-making methods, it’s advisable to have appropriate combat gear, like Barrows equipment for effective bossing.
Money:
- Some methods may require an initial investment. For instance, buying raw materials to craft items often requires a starting capital.
- Involving yourself in high-level activities, like flipping items on the Grand Exchange, necessitates having a significant amount of starting gold.

Overall, meeting these requirements ensures that players can maximize their profit potential through various money-making methods in OSRS.

Required Items

To effectively engage in money-making methods in Old School RuneScape (OSRS), certain items are essential for maximizing your efficiency and output. Below is a comprehensive list of items you may need depending on the chosen method:

Pickaxe – Essential for mining ores. Higher-tier pickaxes (such as Rune or Dragon) yield faster mining speeds.
Rune essence – Required for crafting runes, which can be profitable when sold or used for magic.
Fishing gear – Includes a fishing rod, bait, or harpoon, depending on the fish you aim to catch. Higher-level fishing gear increases catch rates.
Crafting supplies – Depending on your crafting method, items like leather, gems, and clay may be necessary for creating profitable items.
Combat gear – Essential if your method involves killing monsters. This includes weapons, armor, and potions for healing and boosting stats.
Teleportation items – Spells or items like the Amulet of Glory can significantly reduce travel time, allowing for faster returns to profitable locations.
Food and potions – Food is crucial for healing during combat or resource gathering, while potions can boost skills or stats temporarily.
Herblore supplies – If creating potions to sell, you’ll need herbs and vials, which are necessary for Herblore training.
Logs or planks – If your method involves construction or fletching, you’ll need these materials for crafting items.
Varrock and Falador teleports – These runes or tablets can help you access key areas quickly, which is particularly useful for mining or merchanting.

Always consider checking the current market prices for these items, as they can fluctuate, affecting your overall profit margins. Additionally, some methods may require more specialized items depending on your level and the exact technique you choose to pursue.

Profit

The profit potential in Old School RuneScape (OSRS) varies greatly depending on the method you choose and the time you invest. Here are some key points to consider when analyzing profit:

High-Value Items: Engaging in activities like bossing, such as killing the Gower Brothers or the Alchemical Hydra, can yield high-value drops like the Twisted Bow or the Dragon Hunter Lance, which can sell for millions of GP. For instance, the Twisted Bow can go for over 1 billion GP, making it one of the most sought-after items in the game.
Consistent Methods: Methods like crafting and selling potions or using the herb runs can yield steady profits. Players often see profits of around 150,000 GP per hour from farming high-level herbs like Torstols, depending on market demand.
Market Fluctuations: The Grand Exchange prices fluctuate based on supply and demand. Monitoring the market for items like rune bars or dragon bones can help you capitalize on price spikes. For example, during events or updates that increase the demand for prayer training, dragon bones can significantly increase in price.
Investment Strategies: Some players buy low and sell high over time, which can lead to substantial profits. For example, investing in items that are expected to rise in value post-update can lead to profits upwards of 50% if timed correctly.
Effort vs. Reward: Always consider the time versus the profit. For example, while methods like Zulrah offer great profits, they may require high skill levels and practice to master, potentially leading to lower initial profits until you become proficient.
Special Events: Seasonal events or updates may introduce new items or changes to the economy, allowing players to profit from participating in these events. For instance, during the Christmas event, certain items can temporarily spike in value.
Skill Training: Some money-making methods also provide experience gains in skills, adding another layer of value. For example, woodcutting yew trees can yield around 50,000 GP per hour while also providing experience for leveling up the Woodcutting skill.

In conclusion, the profit potential in OSRS is vast and varies by activity, skill level, and market conditions. Players should remain adaptable and informed to maximize their gains.

Output

The output of your money-making method in Old School RuneScape (OSRS) can vary significantly based on the chosen method, location, and market fluctuations. Below are some key points to consider:

Profit Per Hour: Depending on the method, players can expect to earn anywhere from 100,000 to over 1,000,000 coins per hour. For example, high-level players using methods like bossing or high-level skilling can yield substantial profits, while lower-level methods might yield closer to 200,000 coins/hour.
Item Quantity: The output is also determined by how many items you can gather or produce in a given timeframe. For instance, if you are collecting raw materials like logs or fish, your output might be around 1,000 items per hour, depending on your skills and efficiency.
Market Demand: The prices of items fluctuate due to player supply and demand. For example, if you are crafting items like potions or runes, consider the current Grand Exchange prices. Regularly check to optimize your profits.
Time Investment: The total output also depends on your time investment. Some methods may require long grind sessions, while others can be completed quickly, allowing for diversified income streams.
Experience Gains: In addition to monetary output, consider the experience gained through these methods, which can further enhance your skills and unlock new opportunities for profit. For example, fishing or woodcutting not only provides cash but also levels up your skills significantly.
Risk and Reward: Some methods involve risks, such as player killing (PKing) or PvP activities, which can lead to losses as well as gains. Players need to weigh their potential output against the risks involved.
Example Outputs:
- Bossing (e.g., Zulrah): Can yield 1,000,000+ coins/hour with rare drops.
- Herb collecting: Average around 300,000 coins/hour with high demand herbs.
- Woodcutting magic logs: Approximately 600,000 coins/hour depending on market price.

By assessing these factors, players can better understand their potential output and choose the most effective money-making methods in OSRS.

Locations

In Old School RuneScape (OSRS), the choice of location can significantly impact your money-making efficiency. Here are some prime locations for various money-making methods:

Al Kharid: A bustling hub for trading and resource gathering. Players often engage in mining gold ore nearby or flipping items at the shop.
Varrock: Known for its Grand Exchange, Varrock is ideal for buying and selling items, as well as for quests that offer lucrative rewards. The nearby mines also provide iron and coal.
Feldip Hills: A great spot for hunting green chinchompas, which can yield high profits in the market. Also, the surrounding area offers various woodcutting opportunities.
Karamja: Home to the famous banana plantation, Karamja is perfect for low-level food gathering and offers access to high-level fishing spots like the fishing guild.
Mt. Kulu: This location is excellent for gathering higher-level herbs and resources. The nearby caves also provide opportunities for fighting creatures with profitable drops.
Wilderness: A risky but potentially high-reward area. Players can hunt for valuable loot from PKers or farm high-level resources while risking their items.
Castle Wars: Players can earn profit through minigames by winning rewards that can be sold for a good amount of coins.
Gnome Stronghold: Offers access to a variety of quests and minigames that can yield valuable rewards and experience.
Motherlode Mine: For those focused on mining, this location is fantastic for mining ores with a chance of obtaining uncut gems.
Zulrah‘s Shrine: If you’re experienced and equipped, Zulrah offers one of the most lucrative boss fights, with drops that can sell for millions.

Each of these locations provides unique opportunities depending on the method you choose. Consider the proximity to banks, safety from PKers, and accessibility to resource spawns when planning your money-making journey.

Tips and Tricks

Here are some valuable tips and tricks to maximize your efficiency and profits while using this money-making method in Old School RuneScape (OSRS):

Efficiency is Key: Always plan your route and actions before starting to keep downtime to a minimum. Use tools like the RuneLite plugin to track your progress and optimize your path.
Use the Right Gear: Equip items that boost your speed or effectiveness in your chosen method. For example, if you’re gathering resources, wear the best gear that enhances your gathering speed, such as the Ardougne Cloak for increased chance of double drops.
Utilize Bank Locations: When choosing locations, consider proximity to banks. For resource gathering, select spots that allow quick banking to reduce time spent running back and forth.
Time Your Activities: Pay attention to game events. For instance, certain items may sell for higher prices during specific times of the week or after updates. Monitor the Grand Exchange for fluctuations.
Join a Clan: Being part of a clan can provide valuable insights and tips from experienced players. You may also benefit from group activities that can increase your profits.
Use Potions and Boosts: Don’t hesitate to use potions or food that enhance your skills. For example, a Super Strength potion can be beneficial if you’re doing combat-related money-making methods.
Keep an Eye on the Market: Regularly check the prices of the items you’re collecting or selling. Use OSRS price tracking websites to find the best time to sell your items for maximum profit.
Stay Informed: Follow OSRS community forums, Reddit, and YouTube channels to stay updated on new methods and changes to the game that could affect your money-making strategies.
Practice Makes Perfect: Some methods may take time to master. Don’t get discouraged if your initial profits aren’t as high as expected. With practice, you’ll become more efficient and skilled.
Mix It Up: Avoid burnout by alternating between different money-making methods. This not only keeps the game engaging but can also help you discover new strategies that may be more profitable.

Experience Gains

When engaging in money-making methods in Old School RuneScape (OSRS), it’s crucial to consider the experience gains associated with each activity. Optimizing your experience gains not only increases your skills but can also lead to more lucrative opportunities in the game. Here are some key points regarding experience gains related to various money-making methods:

Skill Levels: Higher skill levels often unlock more profitable methods. For example, reaching level 70 in Mining allows you to mine Runite Ore, which sells for a high price on the Grand Exchange.
Experience Rates: Different activities yield varying experience rates. For instance, Woodcutting yews can give around 70-100 experience per log, while cutting magic logs can yield up to 125 experience per log.
Quests and Activities: Completing quests that offer skill experience rewards can significantly boost your levels. For example, completing the quest Tree Gnome Village grants 18,400 experience in Agility.
Daily/Weekly Activities: Certain activities, like obtaining Herbiboar or fishing Sharks, provide consistent experience gains. Fishing at the Fishing Guild can yield around 20,000 experience per hour.
Boosts and Gear: Utilizing experience-enhancing gear and items, such as Wisdom Crystals or Skilling outfits, can significantly improve your experience gains. For example, wearing a full Divine Skilling Outfit can give a bonus to experience rates.
Experience Multipliers: Certain events or items, like Bonus XP Weekends, can temporarily increase your experience gains. Make sure to take advantage of these opportunities for faster skill training.
Multi-tasking: Combining experience gains with money-making methods can be efficient. For instance, while training Fletching by crafting Broad Arrows, you can also profit from selling the arrows.

By focusing on maximizing your experience gains alongside your money-making methods, you can achieve better overall efficiency in OSRS, allowing you to enjoy more financial success as you progress through the game.