What problem does this address?

When I inserted this block I honestly did not even understand that there was an option in the toolbar.
I was reading the code of the block and saw that there were supposed to be more settings, but it took me way too long to find them.
The icon with the broken dash does not represent display options to me.

These confusing icons could be avoided if the setting was moved to the block settings sidebar, as toggles.

I know choosing icons is difficult but I don't understand in what way the block icon represents a presentation of the number of results.
This icon makes me think that the block is some sort of math block where I am doing advanced calculations.