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About bit rate
In telecommunications and computing, bit rate (sometimes written bitrate or as a variable R) is the number of bits that are conveyed or processed per unit of time.
The bit rate is quantified using the bits per second (bit/s or bps) unit, often in conjunction with an SI prefix such as kilo- (kbit/s or kbps), mega- (Mbit/s or Mbps), giga- (Gbit/s or Gbps) or tera- (Tbit/s or Tbps). Note that, unlike many other computer-related units, 1 kbit/s is traditionally defined as 1,000-bit/s, not 1,024-bit/s, etc., also before 1999 when SI prefixes were introduced for units of information in the standard IEC 60027-2. Uppercase K as in Kbit/s or Kbps should never be used.
The formal abbreviation for "bits per second" is "bit/s" (not "bits/s", see writing style for SI units). In less formal contexts the abbreviations "b/s" or "bps" are sometimes used, though this risks confusion with "bytes per second" ("B/s", "Bps"), and the use of the abbreviation ps is also inconsistent with the SI symbol for picosecond.
Related: Cat5e and Cat6 Patch Cords