Money making guide/Picking up chisels

The chisel spawn is located inside of the Guardians of the Rift minigame, near the portal entrance; around the bottom right of the 'arena'.

You can pick up 3 chisels, taking 6 ticks. After that, drop all 3 chisels - taking 1 tick. This effectively ends up being 3 chisels per 7 ticks for the first sets. Do 8 sets, taking 56 ticks. For the next set, take 2 chisels and drop (5 ticks). Afterwards, take 2 chisels and then pick up the other 26; taking 30 ticks. This is a total of 91 ticks.

It takes 21 ticks to bank them and run back.

In total, it takes 112 ticks to pick up a full inventory, bank them, and return. Assuming it takes ~18 seconds to hop worlds, you can make ~42.25 trips of 28 chisels, meaning a total of 1183 chisels per hour.

With alts or chisel runners, you can potentially get up to 3,000 chisels per hour, but this assumes perfect clicks and is unreasonable. Thus, you should make a minimum of 125,398 per hour, but can make up to 318,000 per hour.

Note - this method is designed to be friendly towards Ultimate Iron chisel runners. If you use the deposit-items feature you should be able to get significantly more.