However, with a salt he'd be limited to about 1 password per every 27 minutes. And this rate would not increase as the dataset grew larger, which means that even if he had 10x the power as you suggest he could only crack about 20 passwords per hour (more or less). Thus to crack even 1% of a 1.6 million password dataset (16,000 passwords) it would take over a month of non-stop computation on 10 GPU's, versus a single GPU computing 62% (again over a million) in 16 minutes.
So even if a compromised website took a month to realize the leak, it would be able to inform it's users in time such that 99% of them would be able to change passwords and avoid their accounts being compromised in time. With no salt, no such luck since as we can see here up to 90% of the dataset would be cracked within a day.