Wood is a block found in trees. The easiest way to obtain wood is buy simply cutting down a tree, or buying it in the item store for around 100 gold.You can also sell these for around 34 gold. Wood can be turned into possibly one of the most useful blocks, wood plank. A single piece of wood used on a workbench or in your inventory will produce 4 Wooden Planks. Wood alone is commonly used for decoration, fuel for a furnace, and use of turning into Wood Planks.