Lets say I charge you $300/month for "unlimited" Bud Light. No sharing with your friends, just all you can drink for $300. If retail is $1/beer, you'd only have to drink 10 beers/day for the deal to be worth it to you (every month only has 30 days to make the math easier), but let's say my costs are only .50's a beer because I'm buying in volume from a cheaper state, then you'd have to drink 20/day, or 600/month before I start losing money on the deal. Now remember, this is 20/day every day of the week for a month. Or 10/day on weekdays and 45 on Sat and Sun each, or almost 2/hr with no sleeping the whole weekend, every weekend.
Even if you think you can keep up that schedule, a bunch of your buddies joined as well. You think every one of them can also keep up? Because if someone wimps out and drinks 0 beers during the week, or skips any weekend, you've got to drink their portion in order for me to lose money on top of the 45 you're drinking a day. Anyway so you plug all that into a spreadsheet based on what you think you can get priced in volume after tax a state or two away, vs retail, and then figure out how many beers does a normal average person drink by themselves before they pass out.
Waddaya say? I'd feel bad if you die of cirrhosis but you did that to yourself.
And this is why wireless is not, and will never be, an acceptable primary connection.
Every month I can use my connection at full speed for 8.79 seconds.
On the bright side I can pay $30/mo more for unlimited data.
edit: I have been informed that I am bad at math and the correct answer is actually 2.4 hours which does make me feel better, but it's still a funny comparison
1200 megabits / 8 = 150 megabytes
1.2 TB = 1200000 MB
12000000 MB * (1 sec / 150MB) = 8000 sec = 2.22 hours
...while those who know they'll hammer it more than average have a specific idea of how much they can get away with.
If you use traffic when the network is congested, so is everyone else who is active when the network is congested, so you should all get an equal share if you're paying the same monthly fee, and a share proportional to your max connection speed if you're not. Nothing to do with how much you used when the network was idle.
For instance, if you maxed out a 100mpbs home connection 24/7 for a month, you could transfer no more than ~32tb.
I’d suspect data caps are useful for over sold areas, but are great for lining the pockets of greedy ISPs.