Bitcoin - Where to begin...?

It takes a lot of proprietary hardware and enormous amounts of electricity from the power-plants in order to create bitcoins. Obviously it is big business for the hardware-industry and the electricity-markets.

Bitcoin - The suppliers who benefit

The owners of the electricity-markets burn a lot of Coal, Oil and Liquid Natural Gas in order to deliver power to the miners so they can get these tokens - that is for sure.

Bitcoin - An Expensive Factory

Miners need proprietary hardware to keep up with their competitors, which created the ASIC-Market which has grown into this size:

A Mining-Rig now a days are two shipping-containers in size, for simplicity and cost-effectiveness - try run this monster on solar-panels :) And what I personally think is that at some point everyone will find it meaningless to keep competing like this, because once they have shipped enough containers - the diff goes up and everyone has to upgrade to something bigger and better again to not lose a block.

Bitcoin - It is Chinas World Currency

Mostly everyone else has given up or gone bankrupt except China when it comes to mining-farms/companies/factories or whatever we want to call them.

So what are we talking about really? "90 companies located close to one another" just to say a number - and these companies know about each other and have meetings/gatherings with third parties like Google/Alphabet behind closed doors etc...

Yes - Bitcoin started with great intentions, but where is it headed?