Losing Money In Hypixel Skyblock

Over the past year, Spartanraph117 and I have earned a ton of money in Hypixel Skyblock. We aren’t perfect, though, and have also lost a lot of money throughout our time.

In this article, I’ll share some of the biggest ways we lost money this year.

Mythology Event

During one of the Mythology events this year, we finally decided to craft a griffin pet. Doing the math, we would save about 8m coins by crafting the pet instead of buying it at the lowest bin. We could craft it for around 63m, while the lowest bin was 71m.

So, we crafted it, and used it to farm out the event, getting a ton of Dwarf Turtle Shelmets, and even a Chimera book.

 

dwarf_turtle_shelmet_sirknightjUnfortunately though, the Legendary Griffin pet prices plummeted. They rose back up again slightly, to 45m from the 30m they were at the end of the previous event. However, unfortunately, it doesn’t appear they will ever go back up to around 60m.

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The End Isn’t as Profitable As It Used To Be – Hypixel Skyblock

Hypixel Skyblock. A game where everything revolves around coins. Well, not everything, but a very large part of the game revolves around earning coins. You use these coins in order to purchase better items, so that you can slowly work your way up to being the best player.

The End used to be a large part of where I used to hang out. Mainly, because it was one of the best ways I knew of to earn money. On a good day, you could earn 3-4 summoning eyes per hour, which equates to 1.5-2m coins. Then, with those summoning eyes, we could summon Dragons, in hopes of making profit.

In The End, there are a few things you can do:

  • Farm Zealots for Summoning Eyes, to use on Dragons
  • Farm Enderman for Legendary Enderman Pets
  • Farm Golems for Tier Boost Cores and Golem Pets

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Farming Update – What’s New – How High Do You Need To Score?

Well the long-awaited farming update came out. Yay!

Let’s see what’s new.

Farming Cap Increase

We now have the ability to reach farming 60!

farming_60_sirknightjTo reach farming 50, you need 55,172,425 total farming xp. To reach lv 60, you need 111,672,425 total farming xp. This basically means I’m only half way to reach lv 60.

In order to unlock it, you need to purchase this item from Anita, who I’ll talk more about later.

farming_60_requirement_sirknightj

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Are Dragons Profitable in September 2020? – Hypixel Skyblock

profit-from-dragons-over-time-hypixel-skyblock-sirknightj

With the Skyblock 0.9 Update, and the introduction of Booster Cookies, a lot has changed with the Dragon market. First off, most dragon-related items spiked in price, likely due to the influx of newer players purchasing Booster Cookies and earning money that way.

Booster Cookies on Dragon Profits

Currently Booster Cookies are sold on the Bazaar for roughly $850,000 coins. However, Summoning Eyes are sold on the Bazaar for roughly $650,000-$700,000 coins depending on when you buy or sell. With this change, the paying playerbase now has access to the late-end game armor sets including Strong Dragon Armor, and Superior Dragon Armor. Furthermore, Aspect of the Dragons prices have increased from under $2,400,000 coins to nearly $3,750,000 coins. Since summoning eyes used to cost $600,000 each previously, one Aspect of the Dragons now pays off for more dragons than before. Same with nearly other Dragon Armor except for Protector and Old.

Overall, Booster Cookies made the demand for Dragon items go up, increasing the prices.

Our Experience Doing Dragons

We tracked every single dragon that we did, and this is our result.

As you can see, Dragons are quite profitable over time. If you do them in short bursts, they’re likely not to be profitable. Around our 200th dragon, we got no superiors for a very long time, and was on a long streak of no profits.

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Farming 50 – Hypixel Skyblock

Well, I finally did it. Using the strategy I described in a previous post I wrote here, I hit farming level 50, allowing me to always get triple drops from all crops.

What a great achievement.

When I first started farming, I didn’t use any Farming XP Boost III potions. However, once I got more invested, I had my coop brew for me. He brewed the 54-minute farming XP Boost III potions with his Alchemy 50. When drinking the potion with a lv 100 Parrot and the Potion Affinity Artifact, the Farming XP Boost lasts for roughly 1 hour and 54 minutes.

According to my sky.lea.moe, I only harvested 4.2 million pumpkins and 11.7 million sugarcane to get to farming 50. Thanks to the Bonus 20% Skill XP bonus, the Rabbit pet, and Farming XP Boost potions. Because of those, I was able to get to farming 50 much quicker than previously possible.

farming-49-almost-50-sirknightj-hypixel-skyblock

I took this cool screenshot when I was 1 xp away from hitting farming 50.

farming-49-almost-50-sirknightj-hypixel-skyblock-level

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Our Journey to Buying a Non-Tier Boosted Legendary Ender Dragon Pet

A while ago, we bought a level 100 epic ender dragon pet. You can see that post here. Our next goal was to get a legendary ender dragon pet, without putting a tier boost on it.

We scoured the auction house, looking for a legendary non-tier boosted ender dragon pet which had no pet candies on it. Sadly there were none of those being sold. So, we waited patiently for someone to put one up. Finally, someone by the name of iM_sXon put up a Legendary level 1 Ender Dragon pet up.

The thing with bidding on Ender Dragon pets is that the prices you have to pay fluctuates so much, since there are so few on the auction house. Once we saw this Ender Dragon put up, we went all-in for it.

Looking at the other auctions for Legendary Ender Dragons at the moment, we estimated that we needed around $380,000,000 coins in order to afford it. So, we began the long process of selling pretty much everything we had in order to scrounge up that many coins.

Leveling Up Our Ender Dragon

We needed to sell our current tier-boosted ender dragon to hopefully earn a good amount of money. Recall that we bought the level 100 epic ender dragon for $215,014,135 coins.

ender-dragon-pet-sirknightjAdditionally, recall that I dropped a tier boost core. After applying the tier boost,our pet should be worth about $245,000,000 coins in order to make any profit.

However, we were disappointed that when we put the tier boost on, the pet immediately downgraded to level 96.

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