Good analysis for cost efficiency. You are right that you need to be able to make some good money for it to be worth doing that challenge. I'd like to expand your analysis to show the conditions under which doing this challenge would be worth your money using opportunity costs.
It takes approximately 105 seconds to burn 28 logs at a bonfire with resetting inv, that is 960 logs per hour. Keep in mind that XP/log varies based on your level with bonfires; the following is based on my firemaking level: 96. Therefore (with bonfire boosts and fire ring + gloves):
Log | XP/log | GP/log | XP/hr | GP/hr |
Elder | 492.2 | 4,047 | 472,512 | -3,885,120 |
Magic | 340.8 | 1,039 | 327,168 | -997,440 |
Yew | 286.6 | 400 | 275,136 | -384,000 |
Maple | 190.3 | 30 | 182,688 | -28,800 |
Now for the Elder logs challenge, you burn 320 logs for normal experience and then you get about 50k extra experience for handing in the challenge. Lets expand that bonus into XP/hr and Cost/hr to directly compare it with the above. It takes 20 minutes to burn 320 logs, and I will add another 30 seconds for handing in the challenge. That works out to 207,504 XP and -1,295,040 GP in 20.5 min, which expands into:
- | XP/hr | GP/hr |
Burn Elder Logs Daily Challenge | 607,329 | -3,790,361 |
Now you can compare the time efficiency of the base training methods to the daily challenge and estimate time saved based on doing the challenge as it comes up compared to regular training methods:
Log | XP Efficiency to daily | Extra time required for same XP | Total GP spent to meet XP | GP Saved | GP Saved/Extra Hrs |
Elder | 0.778 | 17.1 min | 4,993,621 | -1,108,501 | -3,885,119 |
Magic | 0.539 | 51.4 min | 1,851,569 | 2,033,551 | 2,374,752 |
Yew | 0.453 | 72.4 min | 847,633 | 3,037,487 | 2,515,772 |
Maple | 0.301 | 139.5 min | 95,743 | 3,694,618 | 1,589,489 |
First of all, elder logs compared to doing the challenge for elder logs is wildly inefficient, which is to be expected since the only big difference between them is the extra XP for handing in the challenge. But if you look at the last column for the other log types, you can see how much money you'd need to be able to make with other methods for doing the challenge to be worth the extra money.
For example ignoring the challenge and doing yew logs instead will save you 3.04mil GP, but cost you 72.4min of extra time for every hour you would have spent doing elder log daily challenges. If you have a money making method that can make you more than 2,515,772 GP/Hr, it would be worth it to do the challenge and instead use your money making method in the time you have saved to make that money back. (And it's a bonus if that money making method earns you XP as well. Then you are getting more XP and saving more time!)
If you can kill the QBD without using a lot of food, it is usually at least 4mil GP/hr profit and you gain XP in combat skills while you are doing it. There are also other monsters that can earn you a decent profit such as frost dragons or glacors. Therefore, doing this elder logs challenge can be worth it to a lot of people.
Arceus wrote:
P.S. is there a way to hyperlink directly to something through a word rather than pasting URL's here (i.e., <a href = "URL">click here</a>) on this forum? I don't see it in the tags.
You can use the url tag:
Code:
[url=http://www.google.com/]Google[/url]