A bucket of lava in a furnace can smelt/cook 100 items, so it can cook just over a full stack and a half of food. That's compared to coal, which cooks 8 per piece.
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Lava can be found anywhere beneath sea level. Lava has been know to spawn on the surface in pools, though this is rare. However, lava seems to be much more common as you get closer to bedrock.
i have minecraft and it cost me £19.95
Minecraft for the PC costs 26.95.
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