The Official Dark Souls Thread - .....It Begins

[lestatdark]

JGarret said:

I don´t like grinding/farming for souls, but I´ve found a pretty good spot to do it...in Undead Burg, after you defeat the Taurus , you have to cross a bridge with a lot of enemies and a red dragon breathing fire,which kills all of them (and you, if you´re not careful) for 300 souls ...about halfway through you go right and find a shortcut to your bonfire by kicking down a ladder...rest, then go back to the bridge and quickly go down the stairs again, just as the dragon starts breathing fire...it will kill all of the enemies again, 300 more souls.

Maybe you´ll get hit by the fire once, but it´s not enough to kill you, just be careful not to get hit a second or third time.

300 souls per turn!!..not bad this early in the game!

That's the best farming spot early game. You can farm 300 souls per minute if you know what you're doing, maybe even faster. 

Once you get a bit further in the game, you'll find another spot where you can get almost 9K souls per 5 minutes, which is considered to be the second best farming spot. As for number one, it's much, much later in the game, 12K souls per minute (40,5K per minute on NG+).