Bitrate refers to the size, over time, of a video or audio stream. Although most computer oriented applications measure bitrate in terms of binary kilobits and Megabits where 1kb (1 kilobit) = 1024 bits and 1Mb (1 Megabit) = 1024 kilobits, bitrate calculations use standard metric values for these prefixes, meaning 1kb = 1000b and 1Mb = 1000kb. Bitrate calculations are typically made in kilobits per second (kbps) or Megabits per second (Mbps). They can also be expressed in other units, including bits per second (bps) or even Megabytes per second (MBps). Notice the capital B denoting Bytes. You should always use a lower case b to denote bits and upper case for Bytes.
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