Techniques for efficient two-pass encoding for live streaming are described herein. A method for efficient two-pass encoding may include extracting low-complexity features of a video segment, predicting an optimized constant rate factor (CRF) for the video segment using the low-complexity features, and encoding the video segment with the optimized CRF at a target bitrate. A system for efficient two-pass encoding may include a feature extraction module configured to extract low-complexity features from a video segment, a neural network configured to predict an optimized CRF as a function of the low-complexity features and a target bitrate, and an encoder configured to encode the video segment using the optimized CRF at the target bitrate.