I don't think the transaction fee would increase primarily because of a reduction in mining power since the number of transactions and block size plays a heavy role in that equation. Miners prioritize transactions with the highest fee per byte, which is why senders who are in a hurry will pay a higher fee to push their transaction to the front of the queue.
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Oh okay interesting. So a bigger collection of miners might just be pushing the overall cost of mining up with electricity and equipment, and not necessarily making the network better for the users :P
I guess you could say that. It definitely makes it so people have to keep buying equipment to compete, and with that comes more electricity consumption.