I have cheap electric, wondering if mining is now something that I can do profit

[FP91G]

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.

You can install such equipment at home and even start a new business selling such noise boxes if the price of electricity makes mining at home profitable
From any old cabinet you can make a very useful noise box for ASIC, and the main cost of such production will be spent on the purchase of sound insulation.

[FP91G]

That's incredible news! Securing electricity at $0.05 per KWh is a fantastic opportunity, and having the capital to invest makes it even more promising. Building an operation from scratch can be a substantial endeavor, but it's definitely worth considering given the favorable electricity rate you've mentioned.

Before you dive in, ensure you thoroughly understand the local regulations, infrastructure requirements, and potential challenges associated with your specific region or setup. Additionally, consider the environmental and social impact of your venture, as sustainability and ethical considerations are increasingly important.

If you liked the prices in Russia, then in Russia energy companies are struggling with home miners, so it is difficult to install more than 1 ASIC at home.
And now there are discussions about tariffs for miners. The state thinks that miners earn a lot, so they want to force miners to pay higher rates.
And whoever uses standard tariffs risks paying heavy fines. It is very dangerous to start mining now.