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Regarding the speed capabilities of my cable modem, what exactly is a megabit and a megabyte?

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Regarding the speed capabilities of my cable modem, what exactly is a megabit and a megabyte?

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A Megabit (Mb) is one million bits of information. Therefore, if the rated speed of your cable modem connection is “3 Megabits,” this means that your cable modem is capable of downloading roughly 3 million bits of information per second. A Megabyte (MB) is 1,024 Kilobytes. Using the example above, if your cable modem capable of downloading 3 million bits per second, this would equal .366 MB. A Byte is 8 bits and is equivalent to one character of text. Using the example above, 3 million bits would be equivalent to 375,000 Bytes. A Kilobyte (Kb) is 1,024 bytes. Using the example above, 3 million bits of information is equivalent to 366Kb.

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