> For the complete documentation index, see [llms.txt](https://bitgame-lut.gitbook.io/lightpaper/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://bitgame-lut.gitbook.io/lightpaper/lut-mining.md).

# LUT Mining

**Wager Mining:** Users earn LUT through betting on sports or playing games on BitGame.

**Mining Stage:** 700 million LUT will be used for mining across 100 stages. The network automatically changes to the following stage each time 7 million LUT are mined.

**Mining Efficiency:**

Mining efficiency changes based on three factors:

1\. Mining Stage n (As the mining stage grows, the mining coefficient gradually decreases)

2\. K = Current network hashrate

3\. Z = Network difficulty coefficient

‌

**Mining Efficiency = z\*k/100-n+1**

Mining Efficiency

Each stage processes 7 million tokens. Ex: In Stage 1, users will earn 1 LUT for every 0.385 USDT equivalent bet on sports, 11 LUT for every 0.615 USDT bet on self-developed games, and 1 LUT for every 0.676 USDT bet on other games.

| **Stage** | **Amount** | **Sport Efficiency** | **Self-developed Game Efficiency** | **External Game Efficiency** |
| --------- | ---------- | -------------------- | ---------------------------------- | ---------------------------- |
| 1         | 7000000    | 0.3850               | 0.615                              | 0.676                        |
| 2         | 7000000    | 0.3908               | 0.6242                             | 0.6861                       |
| 3         | 7000000    | 0.3966               | 0.6336                             | 0.6964                       |
| 4         | 7000000    | 0.4026               | 0.6431                             | 0.7069                       |
| ....      | ....       | ....                 | ....                               | ....                         |
| ....      | ....       | ....                 | ....                               | ....                         |
| ....      | ....       | ....                 | ....                               | ....                         |
| ....      | ....       | ....                 | ....                               | ....                         |

**LUT count from User's Mining Yield = Mining Efficiency\*Bet amount**

As the platform grows, the network hashrate K and difficulty coefficient Z will also gradually grow larger. The sooner a user takes part in mining, the sooner they can enjoy the benefits.