Yes, that would make sense. Where I'm from, its a factor of a few things - garage space is a luxury where 99% of us don't have the luxury of one..
Colo spaces will then make sense. But with the recent macro happenings, home electricity pricing isn't working out either..
A month or two ago, some people said that home mining at a rate of 10-12 cents was possible with the most efficient ASIC on the market, which was a Bitmain Antminer S19j Pro. But now, the power cost is half the revenue. Profit is half of what it used to be for that miner.