I'll watch this with some trepidation... I tried mining last night (Python, 4 collectors and a prospector, 10-bin refinery)...
1.5hrs netted me 140,000cr.
Not much, but helped by the 48,000 bounty I got by taking out 3 NPC Vipers that found me. Pristine Metal-rich belt (I know)... so maybe not the best mining location.
My local station didn't have any money-for-rubble or other add-value bulletin board missions.
Not being able to target the asteroids annoyed me.
Not being able to see the asteroids on radar (well, tiny blips and only one at a time at all scales)
Not being able to tell which way was up down north/whatever annoyed me. I kept getting turned around, particularly after the pirate attack and re-scanning depleted asteroids.
Not being able to tell a prospector limpet from a collector limpet in the Contacts screen annoyed me.
And I found my first annoying sound in ED. The collector drone engine noise. Too mnaga-cartoonish. Yuk.
I know mining, I'm a geologist irl.
ED isn't mining by any stretch of the imagination, but I have found it interesting enough in other games.
I'll give it another crack tonight in a different Pristine Metallic belt and see what turns up. I don't give up too easily.
Edit: I should add it didn't hold a candle to trading in my Anaconda. Heh, I know its not really supposed to.