Re: I have cheap electric, wondering if mining is now something that I can do profit
Yes, but how much load do you have. A small load is meaningless at all, and noise, heat dissipation, and operation and maintenance factors must also be considered. The electricity price of 0.05 can be mined. If it is better to solve those factors than to do other things, I will do the same in China.
These are examples of the use of ASICs in apartments in Russia, when miners have 2-3 cents per kilowatt of electricity at the tariff in apartments, but electricity consumption cannot be large. Instead of farms with video cards, miners install ASICs in drawers and cabinets with noise reduction.
If you love mining, then you take every opportunity to practice your favorite hobby.
I like that setup some times I wish I just had a few pieces of gear. When you get to 250 kwatts of power use and have some partners there are more pressures and responsibilities.