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Bitfarms Reports Second Quarter 2024 Results
- Revenue of $42 million, down 16% Q/Q and up 17% Y/Y - - Gross mining margin of 51%, compared to 64% in Q1 2024 and 48% in Q2 2023 - - Current hashrate of 11.1 EH/s, up from 6.5 EH/s in Q1 2024 - - Current efficiency of 25 w/TH, a 26% improvement from Q1 …