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First of all..
1GB (GigaByte) = 1024 MB (MegaBytes) & 1MB = 1024 KB (KiloBytes)
And secondary he is talking about difference in KB (KiloByte) and kbit (Kilobit) which is equal to KB = 8 kbit which is not so useful to count.
And the question wasn't about he would like to know the numbers because he already using the conversion to know the results of bandwith limit he wants to set on.
His problem is:
The download speed is in Kilobytes but the bandwith limit option asks him to
"Enter limit in kilobits per second"
And for example if he wants to set the limit for 1Megabyte/sec
he have to set it up to 8388 kilobit. Which is not so obvious and useful.
Nor really anymore the standard was changed
1GB = 1000MB & 1MB = 1000KB
1GiB (gibibyte) = 1024 MiB and 1MiB = 1024KiB
This was made to be consistent with the metric system (even though it isn't universally respected for now)
But yeah not completely the point of the question, to which I do agree it would be more convenient to be able to set speed in bytes instead of bits.
Every time they try to make things easier it becomes more complicated. As they did with USB lables with a lot of gens and the rebrand them again, then it becomes lots of very different meanings of devices with the same lables depends of when it was made.
By new mesurements:
Megabyte (MB) = 1000 Kilobyte (KB) = 8000 Kilobit (kbit) (Metric)
The new mesurement, the metrical one
Mebibyte (MiB) = 1024 Kibibyte (KiB) = 8,192 Kibibit (kibit) (Binary)
It was the classic Megabyte early in the days and most common mesurement which is confusing at least for me. This is what i mean if i would say Megabyte. The binary one.
Megabit (Mbit) = 1000 Kilobit (kbit) (Metric)
Mebibit (Mibit) = 1024 Kibibit (kibit) (Binary)
Which was also a common measure and it was called Megabit and most of the people meats this when they say Megabit.
And it's hard to understand what people or vendor means by saying Megabyte or Megabit because the old name people used to use and the meaning of the old binary 1024 kb and the new metrical 1000 kb by the same old name with new meaning.
Maybe it's easier to count for humans by metrical count but computers doesn't work that way. They are binary.
It's almost like having a weather app that only shows Fahrenheit, like sure a lot of people use it but those who don't now have to convert the units to Celsius or otherwise to understand it which is a little tedious.
it obviously saves the ISP some bandwidth.
If you want to limit the transfer rate, it maybe easier to do so with Mbits, than with Mbytes.
You know what your ISP offers, so its easier to cut the pie.
And then i remember and use only the Megabyte per second afterall.
If they wanted to make it easier for people to use their ISP-given number - I doubt anyone is still getting their speed in Kbps.
If they wanted to make it more precise - they should start by using mebibytes (aka normal person megabytes).
It is actually Mega Binary Byte.
Mebi is short of MegaBinary. (That all said, mebi is the official name for Mi)
Megabyte is still universally wildly used to refer to 1024 KB (where KB is universally wildly used to refer to 1024 B), not binary byte.
Heck there is no iB, just B.
Companies are slowly adjusting to the IEC suggestion;
keep in mind on forums and such, usually they mean the 1024 thing.
unless otherwise stated basically. Even papers talk about steps of 1024, rather than 1000.
Heck, google for example, explains it in their FAQ that they mean 1000, rather than 1024. xD
https://startdebugging.net/wp-content/uploads/2020/08/image-2.png
(this image should show that Windows is to blame for everyone using MB instead of MiB, basically)
Microsoft: https://devblogs.microsoft.com/oldnewthing/20090611-00/?p=17933
https://www.reddit.com/r/kde/comments/wxlfr6/can_i_get_dolphin_to_display_kbmbgb_instead_of/