So there masterplan is to invest millions of dollars into a mining farm, collaborate with other farms that have done the same, destroy bitcoin and lose everything?/ sounds like a solid business model...
You do understand that when miners "invest millions of dollars into a mining farm," that investment becomes worthless in less than half a year, because increasing hashrate & having to invest more millions of dollars on new gear? Or do you think those Butterfly Labs rigs you invested millions in are still worth millions?
@AlexGR: Mining is centralized in china due to government-subsidized electricity. Production is centralized for the same reason everything else is made there: dirt-cheap labor.
The invisible hand works in mysterious ways, in this case through Communist government trying to modernize its country.