I would be hard to ensure the physical security of your investment. I also believe the low retail power costs reported for Lebanon are due to massive government subsidies. #[4] might know more.
This is one reason the ability to anonymously mine Bitcoin is important.
Electricity is so cheap that you can only get it for 1-2 hours a day. For the rest of the day, you need private generators which are way too expensive for mining
But haven’t you thought about the CO2! We surely mustn’t use hydrocarbons! Electricity is zero emissions; it is a renewable energy you get from a wire.
