BlockquoteYou can get gold from mining obsidian, some raw ash for some recipes too, that sums up the utility of the volcano at the moment 
True, but that’s not really doing the Well.
Blockquote Though, do mind that the Obsidian Tools can be repaired, unlike the Black Blood ones!
And how long does it take to farm up the Bloodstone for Black Blood tools? It’s faster and simpler than trying to lug a bunch of steel bars and obsidian through a bunch of over-tuned mobs, to get to a glacially slow-processing forge in the most inconvenient place on the map using thralls the die 60 seconds into a fight.
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