This mod is similar to "Super-Cheap Mode" or "Efficient Everything" in that every machine is producing the same output from less input.

For long recipe chains, this effect will be on every intermediate, so effects are stacking exponentially in the length of the recipe chain. By default, the multiplier is set to 2x, but can be changed between 1x and as much as 100x (at your own risk). The speed multiplier can be changed as well, between 100x and .01x (to rebalance the machine output per time, e.g. 100x productivity * .01x speed = same output per time, but only 1% of input needed).