This is exactly why we don't want large miners to have an unfair advantage over small miners...

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Yes, but if it is the justification for 1200X the OP_RETURN size — a change the community found contentious and that Core pushed through with a heavy hand, sounds weak.

The extra revenue from Slipstream is marginal.

adds, what, a 1% edge at best? Block rewards still make up the overwhelming majority of miner income.

No one is changing the Op_return size allowed on chain, they are bringing mempool in line with what's aleady allowed on chain.

Mining is a cut throat business with ultra thin margins, 1% is huge, which is why miners are running parallel transaction markets for transactions that mempool doesn't relay.