Bitfarms Ltd. (NASDAQ:BITF) shares are roughly flat Friday after the stock gained 22% Thursday following the company's second-quarter earnings release. The Details: Bitfarms reported quarterly losses of 7 cents per share which beat the analyst consensus estimate by 30%. Quarterly revenue of $41.548 million was down 16% sequentially due to the decrease in block rewards following the Bitcoin (CRYPTO: BTC) halving event that occurred on April 19, 2024.  Gross mining profit and gross mining margin of $21 million and 51%, respectively, down from $31 million and 64% in the first quarter, respectively. Read Next: What’s Going On With MicroStrategy Stock? Bitfarms averaged 6.7 bitcoin per day in daily production, and its current hashrate of 11.1 EH/s is up from 6.5 EH/s in ...