Coinite sits at the top end of The Forge’s economy. It is a Legendary ore, drops only from a handful of late‑game rocks, and carries a 15x sell multiplier when used in crafting. That combination makes it one of the strongest money tools in the game and a key requirement for late‑game progression.
What Coinite is and why it matters
Coinite is a Legendary ore found in World 3. As an item, it has a base price of $225 and a listed multiplier of 1x, but it also carries a separate trait that gives any weapon or armor forged with it a 15x sell value. That trait is the real reason players chase it.
The ore itself is described as fragile and weak in combat terms, so it is not about raw stats. Its value is economic and progression‑focused:
- Legendary rarity with an approximate drop chance of 1 / 15,151 from eligible rocks.
- Trait: 15x Price Multiplier applied to any weapon or armor that includes Coinite in its recipe.
- Base sell value of around $225 if you sell the ore itself with no crafting involved.
On top of the money potential, Coinite is also tied to progression. You need it to pay the ferry to reach Iceberg Island, and it is used in several high‑end weapon and armor recipes that exist purely to be crafted and sold for profit.
Because the trait multiplies the sell price of the finished equipment, dumping the raw ore to a merchant is almost always a mistake. The usual approach is to hoard Coinite until you are ready to batch‑craft high‑value pieces.
Coinite locations: Crimson Depths and Raven Cave
Coinite only drops from specific red crystal rocks found deep in World 3. Those rock types are:
- Medium Red Crystal
- Large Red Crystal
- Heart Of The Island Stone / Heart of the Island Crystal
These rocks appear in the Crimson Depths, a sub‑area buried within the Raven Cave in the Frostspire Expanse (World 3). In practice, that means you need to push fairly far into the game before Coinite is even on the table.
Key world‑level requirements before you can start farming:
- You must have unlocked Frostspire Expanse (World 3).
- You need access to the Raven Cave, which involves progressing Raven‑related quests.
- Within Raven Cave, you must reach the Crimson Depths, where the red crystal rocks spawn.
Crimson Depths is not a starter area. Expect stronger enemies, more demanding traversal, and a general expectation that your pickaxe and gear progression are up to date before you spend serious time mining there.
How to unlock Frostspire Expanse and Raven Cave
Getting into Coinite territory is a progression problem before it is a farming problem. The broad path looks like this.
Step 1: Reach level 70 and obtain the Portal Tool. The Portal Tool is the unlock that lets you travel to Frostspire Expanse (World 3). Without it, you cannot enter the zone where Raven Cave and Crimson Depths exist.
Step 2: Travel to Frostspire Expanse using the portal. Once you have the Portal Tool, use it from your inventory to open the way to the Frostspire Expanse island and load into World 3.
Step 3: Complete Raven Quest Part 2 to unlock Raven Cave. The Raven questline in Frostspire Expanse eventually opens up access to the Raven Cave. Working through Part 2 of that questline is the gating requirement to get into the cave where Coinite rocks live.
Step 4: Push deeper into Raven Cave until you reach Crimson Depths. Inside the cave, continue following the path and combat challenges until you arrive at the Crimson Depths region, recognizable by its red crystalline formations. Medium Red Crystals, Large Red Crystals, and the Heart Of The Island Stone spawn here.
Only once all of this is in place can you stand in front of a rock that is actually capable of dropping Coinite.
Mining requirements for Coinite
Reaching Crimson Depths is only half the story. You also need a pickaxe strong enough to break the rocks Coinite hides in.
| Rock type | Location | Minimum pickaxe / mining power | Coinite chance |
|---|---|---|---|
| Medium Red Crystal | Crimson Depths, Raven Cave (World 3) | Void Pickaxe (≥ 550 Mining Power) | ~1 / 15,151 |
| Large Red Crystal | Crimson Depths, Raven Cave (World 3) | Prismatic Pickaxe or better | ~1 / 15,151 |
| Heart Of The Island Stone | Crimson Depths, Raven Cave (World 3) | Prismatic Pickaxe or better | ~1 / 15,151 |
The Void Pickaxe is the first pickaxe that hits 550 Mining Power, which is enough for Medium Red Crystals but not for the largest rocks. For Large Red Crystals and the Heart Of The Island Stone, you move into late‑game picks such as the Prismatic Pickaxe and various Dragon Head Pickaxes, which add both mining power and innate luck.
Because the drop rate is so low, you want to spend as little time as possible on rocks you cannot efficiently break. Upgrading into Prismatic or better pickaxes shortens mining time and often comes bundled with luck bonuses that directly improve Coinite odds.
How Coinite’s drop rate and luck work
Each eligible red crystal rock has roughly a 1 / 15,151 chance to drop Coinite. That chance is per rock, not per swing. From a player perspective, that means you are playing a long odds game where “more rocks broken per hour” and “higher luck” are the two most important levers.
Luck in The Forge stacks from several systems. For Coinite farming, the key ones are:
- Luck potions purchased from Maria’s Potion Shop, which temporarily increase your overall luck.
- Dedicated Player achievement skill, which grants a permanent percentage luck bonus that scales with your total playtime. At high playtime, this can reach around 40% luck.
- Miner Shard runes socketed into your pickaxe that roll the Luck trait, directly raising your effective drop rate when mining.
- Races with luck bonuses, chosen or rerolled via the race system. Some races naturally provide better luck for rare resources.
- Totems, especially the Luck Totem, which add a short‑term luck buff when placed.
Because the base chance is so small, even modest luck increases compound into a noticeable improvement over long mining sessions. The ideal Coinite grind stacks as many of these as you can realistically access and sustain.
Preparing a Coinite farming build
Coinite farming is about minimizing wasted swings and maximizing the number of red crystal rocks you can clear under high luck buffs. That calls for an intentional setup rather than casual mining between other tasks.
Step 1: Lock in a high‑power, high‑luck pickaxe. Aim for at least the Void Pickaxe as a floor, but prioritize upgrading into a Prismatic Pickaxe or Dragon Head Pickaxes that combine strong mining power with a built‑in luck stat. Socket a Miner Shard rune that rolled the Luck trait.
Step 2: Tune your character’s passive luck. Equip the Dedicated Player achievement skill from your inventory so its luck bonus is active, and, if possible, settle on a race with a luck bonus by using the race reroll system. Save and spend rerolls until you land on something that synergizes well with farming.
Step 3: Stock consumables and totems before entering Raven Cave. Buy a stack of Luck Potions from Maria’s Potion Shop and prepare Luck Totems if you have access to them. The idea is to pop potions and drop totems only once you are in front of dense clusters of Medium and Large Red Crystals inside Crimson Depths.
Step 4: Plan for long sessions, not single rocks. With a 1 / 15,151 drop rate, Coinite is not something you reasonably expect from a handful of crystals. Approach it as a long farm: clear entire pockets of red rocks, then move to another cluster while your luck buffs are still active.
How to use Coinite for maximum profit
Raw Coinite ore sells for around $225, which is trivial compared to what you can earn by turning it into equipment. The ore’s 15x Price Multiplier trait is applied to weapons and armor that include Coinite in their recipes, inflating the sell price of those items far beyond the materials cost.
In practice, players use Coinite in three main ways:
- Crafting heavy armor specifically to sell. Bulky, expensive armor pieces usually have high base sell prices. Adding Coinite multiplies that value by 15, turning each piece into a significant payout.
- Crafting katanas or other high‑value weapons with Coinite included. Again, the point is not using the weapon but selling it to a merchant for multiplied gold.
- Paying the ferry to Iceberg Island. The ferry that takes you to Iceberg Island requires Coinite as payment, so you should always keep a buffer for progression rather than liquidating your last pieces.
The trait is purely economic. It does not improve combat performance or stats, and it is not recommended for gear you plan to keep long‑term. Treat Coinite builds as “sell‑only” products: you forge them, pocket the gold, and move on.
When Coinite is worth farming
Given the 1 / 15,151 drop chance, Coinite is not a casual side pickup; it is a deliberate late‑game target. It is worth your time when:
- You already farm comfortably in Crimson Depths with strong picks and survivable armor.
- You have core upgrades and other Legendary ores handled, and you are now optimizing income.
- You need Coinite for Iceberg Island access or specific high‑end recipes.
Earlier in progression, the same time investment usually yields more value if you focus on easier ores, quests, or equipment upgrades. Once you are established in World 3 and looking to supercharge your gold flow, Coinite farming becomes far more attractive.
Handled correctly, a small stash of Coinite converted into the right armor or weapons can bankroll large parts of your late‑game, fund rerolls and totems, and cover the costs of traveling to new islands like Iceberg Island. The ore is rare, but its multiplier makes every successful drop matter.
