> For the complete documentation index, see [llms.txt](https://docs.shardingdao.com/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.shardingdao.com/1.introduction-to-shardingdao/1.6mining-phase-1-vs-phase-2.md). # 1.6 Mining Phase 1 vs Phase 2 Kindly note the output ber block is designed to be much higher during Mining Phase 1 than Mining Phase 2. Learn More Details. ShardingDAO's Mining Phase 1 will officially start at 11:00 am (SGT) on March 23, 2021. It will last for 21 days. The total mining reward will be 1,500,000 SHD; the output of each block of the Ethereum chain will be 10.45 SHD. On Binance Smart Chain, the output of each block of the chain is 0.1240 SHD. 20% of the mining revenue will be deducted from the Smart Pool operation, and 20% of the mining revenue will be deducted if the pledge amount exceeds the Upper Limit of the respective cryptocurrency. After Mining Phase 1 is over, Mining Phase 2 will begin. Mining Phase 2 rewards a total of 21,000,000 SHD, which will be released according to the 4-year halving rule. The output of each block of the Ethereum chain is 1.04994 SHD, and each block of the Binance Smart Chain produces 0.01246 SHD. 20% of the mining revenue will be deducted from the Smart Pool operation. Of all mining revenues, 80% goes to mining users and 20% goes to Developer DAO. --- # Agent Instructions This documentation is published with GitBook. GitBook is the documentation platform designed so that both humans and AI agents can read, navigate, and reason over technical content effectively. Learn more at gitbook.com. ## Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter, and the optional `goal` query parameter: ``` GET https://docs.shardingdao.com/1.introduction-to-shardingdao/1.6mining-phase-1-vs-phase-2.md?ask=&goal= ``` `ask` is the immediate question: it should be specific, self-contained, and written in natural language. `goal` is optional and describes the broader end goal you are ultimately trying to accomplish on behalf of the user. GitBook uses it to tailor the answer towards what is most useful for that goal. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.