Webpack configuration for a fast build

webpack.config.js

const path = require('path');
const TerserPlugin = require("terser-webpack-plugin");

module.exports = {
    target: 'node14',
    entry: './src/index.ts',
    output: {
        path: path.resolve(__dirname, 'dist'),
        filename: 'index.js',
        libraryTarget: 'commonjs2',
        strictModuleExceptionHandling: true,
    },
    resolve: {
        alias: {
        },
        extensions: ['.js', '.ts', '.mjs', '.json'],
    },
    module: {
        rules: [
            {
                test: /\.m?(j|t)s$/,
                exclude: /node_modules/i,
                use: {
                    loader: "swc-loader",
                },
            },
        ],
    },
    mode: 'production',
    plugins: [
    ],
    optimization: {
        nodeEnv: false,
        minimize: true,
        minimizer: [new TerserPlugin({
            parallel: true,
            minify: TerserPlugin.swcMinify,
            terserOptions: {
                format: {
                    comments: false,
                },
            },
            extractComments: false,
        })],
        moduleIds: 'deterministic',
        chunkIds: 'deterministic',
        mangleExports: true,
        concatenateModules: true,
        innerGraph: true,
        sideEffects: true
    },
    stats: {
        logging: 'error'
    },
    infrastructureLogging: {
        level: 'error'
    },
    node: false,
}