Once existence of such cartel is known, the value of bitcoin would plummet right to the bottom.
The cartel would be able to produce disproportionate amounts of worthless currency.
Note wealth in BTC you have is [number of BTC you own] x [price of BTC in USD]. You could cheat the first but as result you'll destroy the second. You'll be stuck with tons of useless hardware that cost millions of real money, and a bunch of useless data signifying you have a lot of worthless currency.
Moreover, the "big players" of the market know this already. Any bets why the manufacturers of BTC ASIC hardware sell it instead of earning BTC on their own farms? The answer is spreading the computing power keeps BTC healthy and exchange rates high. They prefer to get some cash directly, from sale of hardware, than to try to earn that much in BTC, create impression that they dominate the market, and have the prices collapse.
Cheating at this game costs all, but it costs the cheater the most.