EVE Online: What is Greed? – A Magnate Frigate Guide

In the wake of internet spaceship drama which probably left most rookies nonplussed, concerns about Golden Magnates and PLEX for gamblers have been forever immortalised in this commemorative unlimited edition Pyrite Magnate, available exclusively in EVE Online for lots of ISK.
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Lately, there’s been a lot of fuss in the internet spaceship press about the price of imaginary ships and the value of EVE Online‘s history. This may have left many newcomers to the serious business of internet spaceships a little confused.

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However, the focus on EVE’s lowly Magnate frigate was too good an opportunity to pass up, so here is what I hope to be the first in a regular series of features focusing on the ships of EVE Online and how new players might make use of them.

After all, today’s rookie is tomorrow’s bittervet.

Freebooted Junkworks Buyer’s Guide: The Amarr Magnate

Thank you for considering purchasing your Magnate from Freebooted Junkworks, before you read any further, please take a moment to watch our “What is Greed?” commercial above for a better understanding of the true value of this unique vessel. 

This document is aimed at introducing the new pilot to the Amarrian Magnate-class exploration frigate and providing a summary of the fitting variations provided by this independent supplier. We have every confidence that our design and customisation specialists will have prepared your vessel to your satisfaction and that it will provide you with many years of exemplary service.

Rest assured that prior to reconditioning by our specialists, every vessel in the service of the Amarr Imperial Navy would have been rigorously maintained to a very high standard and would have been routinely blessed by a registered chaplain.

Official manufacturer description:

“This Magnate-class frigate is one of the most decoratively designed ship classes in the Amarr Empire, considered to be a pet project for a small, elite group of royal ship engineers for over a decade. The frigate’s design has gone through several stages over the past decade, and new models of the Magnate appear every few years. The most recent versions of this ship – the Silver Magnate and the Gold Magnate – debuted as rewards in the Amarr Championships in YC105, though the original Magnate design is still a popular choice among Amarr pilots.”

The Role of the Exploration Frigate

As any self-respecting Amarr pilot knows, the best form of defence is having God on your side. Failing that, it always pays to have it properly fitted, either with plenty of armour to take one on the chin or – in the Magnate’s case – by being quick enough (and smart enough) to stay out of trouble.

If you’re looking to be doing something more aggressive, there really are better tools for the job, ask one of our sales personnel for guidance.

However, the Magnate is the new pilot’s go to solution for exploration, with built-in bonuses to scan probe strength (+7.5% per Amarr Frigate level) and Salvager cycle time (+5% per Amarr Frigate level) and +5 strength to Relic and Data Analyzer modules. As such, the optimal module loadout is one which grants the freedom to wander the heavens and discover sites harbouring ancient relics, hidden data and other treasures.

Freebooted Junkworks gives you…

The Pyrite Magnate

A commemorative edition of the famous Amarr frigate, the Pyrite Magnate follows in the footsteps of its valuable predecessors as the latest in desirable revisions. By combining the latest technologies provided by the Fozzification process with the affordability of the popular Tech I range of modules, the Pyrite Magnate delivers high performance with low skill and budget demands.

Built around concepts by Hans Jagerblitzen and pre-fitted with a rugged, kitchen-sink approach to exploration (additional options available), the Pyrite Magnate is a great all-rounder and a way to make your make in New Eden’s future history.


Role: [PvE] Solo Exploration in Empire space
Effective Hit Points: 2,200
Tank Type: Armour buffer
Optimal Weapon Range: Missiles & Drones 30km+
Damage: 41+ DPS
Top Speed: 890m/s (afterburner-assisted)
Capacitor: Stable with all active modules running.

[All statistics shown are with relevant skills at level 3, advanced pilots will experience higher performance than shown.]


High Slots: Core Probe Launcher I (Core Scanner Probe I), Salvager I, Light Missile Launcher I
Med. Slots: Data Analyzer I, Relic Analyzer I, 1MN Afterburner
Low Slots: Damage Control I, Energized Adaptive Nano Membrane I, 100mm Reinforced Steel Plates I, Capacitor Power Relay I
Drones: 3 x Hobgoblin I Light Scout Drones
Rigs: On request


Magnate Piloting: Spaceship Command I, Amarr Frigate I, Navigation I, Afterburner I, Science I, Power Grid Management II, Energy Grid Upgrades II, Mechanics I, Hull Upgrades III
Missiles: Missile Launcher Operation II, Light Missiles I
Drones: Scout Drone Operation I, Drones III 
Scanning: Astrometrics I (Prerequisites: Science III) 
Salvaging: Salvaging I (Prerequisites: CPU Management I, Mechanics III, Survey III)
Hacking: Hacking I (Prerequisites: Power Grid Management II, CPU Management II, Electronics Upgrades III, Science III)
Relic Analysis: Archaeology I (Prerequisites: CPU Management I, Survey III, Science III)

  • The Core Probe Launcher enables the location of all cosmic signatures in the hands of a skilled user.
  • The Data Analyser I, Relic Analyzer I and Salvager I facilitate optimal exploration site exploitation.
  • The capacitor stability even with low pilot certification makes mobility the primary form of defence using the afterburner to maintain range whilst securing sites.
  • The versatility of the Pyrite Magnate promotes the use of drones with supporting long range light missiles to neutralise hostiles.
  • In the event of a shield breach, the passive armor modules provide resilience under fire. All Pyrite Magnate purchases come with a complimentary Armor Repairer I.

Made to order and available to all GameSkinny readers for the low, low price of 100m ISK for this unlimited edition collector’s item with extra gift pack (contents may vary). Free delivery to most territories*. Contact Seismic Stan for deals.


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Mat Westhorpe
Broken paramedic and coffee-drinking Englishman whose favourite dumb animal is an oxymoron. After over a decade of humping and dumping the fat and the dead, my lower spine did things normally reserved for Rubik's cubes, bringing my career as a medical clinician to an unexpectedly early end. Fortunately, my real passion is in writing and given that I'm now highly qualified in the art of sitting down, I have the time to pursue it. Having blogged about video games (well, mostly EVE Online) for years, I hope to channel my enjoyment of wordcraft and my hobby of gaming into one handy new career that doesn't involve other people's vomit.