Coinite sits at the very top of The Forge’s ore hierarchy. It’s not something you stumble upon casually while leveling or farming early-game zones. Instead, Coinite is designed as a late-game challenge, one that tests your patience, preparation, and luck. Despite the difficulty, players continue to chase it for one simple reason: Coinite unlocks some of the most profitable crafting paths and essential progression routes in the game.
If you’re aiming to push into endgame content or maximize your earnings, Coinite is not optional.
Coinite Ore locations in The Forge
Coinite is classified as a Legendary rarity ore and can only spawn from a very specific set of nodes. You won’t find it scattered across multiple islands or hidden in random caves. Instead, it is locked to a single region and a limited group of mineable rocks.
Coinite can drop from:
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Medium Red Crystal
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Large Red Crystal
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Heart of the Island Stone
The catch? Each attempt has only a 1/15,151 chance of yielding Coinite.
All of these nodes are located inside the Crimson Depths, a dangerous zone buried deep within the Raven Caves of the Frostspire Expanse. Reaching this area alone is a milestone, as it requires late-game access and quest completion before you can even begin mining.
Before attempting Coinite farming, players are strongly advised to stock up on luck-boosting resources and redeem active Forge codes for rerolls and totems. The grind here is unforgiving without preparation.
How to reach the crimson depths
To access Coinite’s spawn area, you must first unlock the Frostspire Expanse. This requires unlocking the Portal Tool and reaching level 70. Once inside Frostspire, you’ll need to complete Raven Quest Part 2, which grants access to the deeper sections of the Raven Caves.
From there, navigating down into the Crimson Depths will expose you to the Red Crystal formations where Coinite can spawn. Expect tougher enemies, longer runs, and fewer safe zones compared to earlier regions.
Mining requirements: Pickaxes matter more than ever
Coinite cannot be mined with just any pickaxe. You need a minimum Mining Power of 550 to even have a chance.
The earliest viable option is the Void Pickaxe, which meets the base requirement. However, experienced players often recommend upgrading further. Pickaxes like the Prismatic Pickaxe or Dragon Head Pickaxe provide additional luck bonuses, which significantly improve long-term results when farming an ore with such extreme odds.
If you’re unsure which pickaxe path to follow, checking a pickaxe progression guide before committing resources can save you hours of wasted effort.
Best ways to increase Coinite drop chances
With a base chance of 1/15,151, Coinite farming is more about luck optimization than raw mining speed. Smart stacking of bonuses can drastically improve your results over time.
Here are the most effective ways to boost luck in The Forge:
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Use Luck Potions from Maria’s Potion Shop for immediate bonuses
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Equip the Dedicated Player skill from the Achievements tab, granting between 8% and 40% luck based on total playtime
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Attach a Miner Shard rune with the Luck trait to your pickaxe
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Reroll your race to one that provides innate luck bonuses, using race rerolls if needed
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Activate Luck Totems for a temporary 25% boost, obtainable through Robux or Forge codes
Veteran players often combine multiple boosts before committing to long Coinite farming sessions, treating each run as a high-investment attempt rather than casual grinding.
Coinite Stats and why it’s so valuable
Coinite isn’t just rare, it’s incredibly lucrative. With a 15x value multiplier, it ranks among the most profitable ores in the entire game. This makes it a top-tier material for crafting high-value weapon and armor recipes intended for selling.
Many players use Coinite to craft heavy armor pieces or high-end katanas purely for profit, as the resale value far outweighs most other materials. Beyond crafting, Coinite also plays a key progression role. It is required to use the ferry that transports players to Iceberg Island, where maze content and advanced quests await.
Because of this dual-purpose design, Coinite is both a money-maker and a progression gate, which explains why demand remains consistently high across the player base.
Coinite is not meant to be easy, and that’s exactly why it matters. Its rarity, location, and requirements push players to fully engage with The Forge’s late-game systems, from optimized builds to luck management. If you’re serious about endgame progression or maximizing your earnings, Coinite is an ore you’ll eventually have to face.
