Mithril pickaxe

Used for mining. Mithril pickaxe is a free-to-play item traded on the Old School RuneScape Grand Exchange.

Mithril pickaxe sells for a mere 446 gp on the Grand Exchange, so profit here comes from flipping in bulk rather than large per-item margins.

Mithril pickaxe maintains moderate GE activity with 558 trades — expect fills within 5-15 minutes on average. The buy limit of 40 every 4 hours is worth planning around when scaling flips.

Mithril pickaxe currently has a negative margin of -8 gp after tax, meaning instant flips would result in a loss at these prices. Margins fluctuate throughout the day — check back later or set a price alert to be notified when the margin turns positive. The price has dropped 3.9% in the last hour, which could signal a buying opportunity if the margin improves.

High alching Mithril pickaxe yields a profit of 224 gp per cast (before nature rune cost). At ~1,200 casts per hour, that's up to 268.8k/hr in passive income while training Magic.

The price has dropped sharply — down 3.9% in the last hour. This could signal a sell-off or increased supply; it may be worth waiting for the price to stabilise before entering a flip.

At the current prices, Mithril pickaxe is not profitable to instant flip. If you hold this item, consider selling gradually via limit orders above the instant sell price rather than accepting the current spread loss.

Track margins and find profitable trades with the Flip Finder. Use the High Alch Calculator to check whether this item is worth alching as an alternative exit strategy.

Compare alch profits across all items on the High Alch Calculator. Set a price alert to get notified when the margin changes, or add this item to your watchlist for quick access.