This is a very common question and the standard answer to it is “no, you need an alt to provide for your main”. I should go back and say that I’m talking about lowsec piracy here – if you are in some large null bloc then they replace your ships because pvp is so dull out there that you have to pay people to do it.
I had a think about this and wasn’t sure it was right so I made a spreadsheet (which was very boring) This month so far (up to the 10th Feb) I have shot down 48 ships worth 1.56B and lost 4 ships worth 45M. Now obviously you can’t live off k/d ratios so I had to work out how much loot I got – this was done by dividing the loot dropped by the number of Bastards on the killmail which brought my share of the loot to just over 93M.
If my ropey maths is correct this means I am 43M up so far this month as a result of shooting people in the face and taking their stuff.
It’s official – piracy does pay and it beats the hell out of ratting…