Molten Pickaxe

Information

Molten Pickaxe is made using 35 Hellstone Bars with an anvil.

The Molten pickaxe is the currently highest tier above the Nightmare Pickaxe in terms of power, however it is slower by comparison. It also creates an area of light around the player while in use. It is best to place down torches if exploring deep down in caves and you need to attack a monster or to let you know you've been there.

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One hit destroys at about 2.3 blocks a second: Two hits destroy at about 1.2 blocks a second:
 * Dirt
 * Grass
 * Mud
 * Stone
 * Copper
 * Iron
 * Silver
 * Gold
 * Ash
 * Obsidian
 * Hellstone
 * Meteorite
 * Ebonstone
 * Coloured Dungeon Bricks

Due to the faster speed of the Nightmare Pickaxe, the Nightmare Pickaxe surpasses the Molten Pickaxe in usefulness for mining dirt and other soft materials.

Trivia
Originally, the Molten Pickaxe was made from Meteorite Bars, and was still the highest tier pickaxe. However it belonged to the Meteorite Tier. Hellstone Bars were not craftable yet and the Underworld existed but was pointless (except for money). However, this was in the Alpha version, and has been changed now.