At least one of the things folks here are forgetting in this discussion, is that many places on this planet, it's really not internet 'speed' that's the limitation anymore, but 'throughput' i.e., caps.
In the U.S., almost all the 'unlimited' all you can eat connections, even though many were low speed, have now transitioned to limited use 'capped' service, generally hovering around 250GB/Month, but some as low as 5GB/Month.
My older, slow (3Mb/s) DSL, was unlimited. Running 24/7 I could transfer upwards of 750GB/Month. Then they got sold, and the new 'cap' on that is now 5GB/month. Exceed that, and you get fined.
The only other provider limits their consumer accounts at 250GB/Month, with a speed of 10Mb/s. But if my math is correct, that means that one can 'use up' their monthly allowance in less than 3 days.
So, unless the 'block' accounts get below the $11/month, they really don't make much sense except for 'fills' use.