Destiny players have discovered a new loot farming location in the Old Russia Cosmodrone area of the game.
The new location is found in the Rocketyard area which is reached by going through the building where you fight Rakkis in the second story mission. You can find more specific instructions below.
Yesterday, Bungie patched out the first loot cave in the Skywatch area by reducing the spawn rate in numerous locations across Old Russia.
The developer commented, "Shooting at a black hole for hours on end isn't our dream for how Destiny is played." If you intend to take advantage of this new loot farming location you'll probably want to do it soon.
Some more looting locations can be found here.