What is particulary nice about the Skiff, is that it gets a 60% bonus to Mercoxit mining yield per level. What this translates into in an ISK/hour ratio will be covered at the end of this section (and again in section 12); however you may have already guessed that with a 300% bonus at Exhumer 5, it'll be a nice one... especially for such a cheap ship.
For the sake of uberness comparison, I'll assume you are a maxed out Hulk pilot already:
250 * 1.25 * 1.25 * 1.15 * 1.15 * 4 * 1.05 * 1.375 * 1.05^2 = 3289.17 m3/cycle
Mercoxit has a volume of 40m3, so 3289.17/40 = 82.229 82 units of Mercoxit per cycle
A Skiff fits one MDCSM2, so you'd mine around 1640 units of Mercoxit per hour. (20 cycles, like the other strip miners)
Is Mercoxit mining still hot? Yes it is, but it only becomes lucrative at Exhumer 5. Many pilots stop at Exhumer 4 since for Hulk pilots, the mere 3% bonus you get for the 20 days (and more) of training it takes might not be worth it for them.
However the 60% bonus you're missing if you don't train it plays a BIG role for the Skiff (we might even say the same for the Mackinaw).
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