I don't know how much engrams you average per hour but heres how I farm engrams. Shocking yes.
Level 24 strikes (You can even do 18/20)... You get a good team (even in pub...) and you can average a strike in 15-20 minutes. So 3-4 a hour. Now I get about 1 engram a game (top kills though?), sometimes not.. But than you get a chance at the reward. Every 1-2 games I'll get one.
I played strikes for 2 hours yesterday and had like 10 engrams. What is the average rate per hour with a loot cave? I never tried it or will I, personally mindless shooting is -blam!-ing boring and for noobs.
Man up, pussies.
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I get on average an engram every primary ammo mag, so every 5 minutes or so. A lot faster than strikes anyways. Got all my legendary weapons and half my legendary armor through loot cave farming, no exotics though because the cryptarch doesnt like me :)