> I understand the reason for a larger block - it seems like it's pure profit for the miners (should we just refer to it as greed?) As space in blocks becomes

> I understand the reason for a larger block - it seems like it's pure profit for the miners (should we just refer to it as greed?) As space in blocks becomes crowded we should expect transaction fees to grow, and indeed they have: https://bitinfocharts.com/comparison/bitcoin-transactionfees.html https://bitinfocharts.com/comparison/bitcoin-transactionfees... If space in blocks is abundant then transaction fees should settle at the approximate per byte cost to the miner of the additional transaction. I would expect smaller block sizes to be more profitable for miners, all else being equal (e.g. ignoring that high transaction costs make BTC less valuable).