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.... mbps could mean both but one should differ between Mbps and MBps.
100 Mbit (Mbps) enables a max download speed of: 12.5 MBps....
I've never seen transfer rates given in MBps in the wild. It's always Mbps.
Serial network connections give no care to byte alignment, they operate either bit by bit or symbol by symbol (which are rarely byte aligned).
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