I coukld be wrong, but I think bit per second is for data transfer rates and bytes is for data storage. e.g. when you get 512 boadband, its 512 kilobits per second, but if you look at say internet explorer's download rate indicator, it only gets up to a max of about 60 kbps, because that measurement is in bytes. ALso, LAN/network speeds are in bits. I think the multiplier is something like 0.12, so, 512 bits = 61.44ish bytes, and a LAN going at 100Megabits can transfer 12 Megabytes per second.
If someone could confirm that, it would be great.
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