That's a good business initiative! I suppose there will be increase in the overall power of mining facilities in some time. NFT-Ordinals attack made it clear that there is a lack of mining power now. So all the new mining initiatives, I think, are beneficial nowadays. I hope mining industry will develop into something great!
There is plenty of mining power on the contrary but
not enough block space for legitimate transactions.
And no don't think that increasing the block size will fix everything. If all transactions could fit inside a block then there would be no reason to use fees greater than the minimum 1sat/byte and miners revenue will start to suffer which will impact the uptime of their miners.