1 Megabit vs Kilobit: Clarifying the Difference

[janu203]

Is 1 megabit=1024 kilo bit or 1000 kilo bit, similarly 1 kilobit= 1000 bits or 1024 bits?
I know 1 byte=8 bits. and what difference 64 kilo bits and 64 kilo bits per second has?
thanks

 

[adjacent]

Is 1 megabit=1024 kilo bit or 1000 kilo bit, similarly 1 kilobit= 1000 bits or 1024 bits?
I know 1 byte=8 bits. and what difference 64 kilo bits and 64 kilo bits per second has?
thanks

1 megabit = 1024 kilo bit
1 kilo bit= 1024 bits


64 kilobit is just an amount.64 kilo bits per second is the speed(It means 64 kilo bit is transferred every second

 

[Bandersnatch]

Have you tried reading the wiki article? It's got a good breakdown of what it means:
http://en.wikipedia.org/wiki/Kilobyte

@adjacent, according to the wiki, it may mean $2^{10}$ or $10^3$ bytes, depending on context.

edit: whoops, sorry mixed bits and bytes there.
Here's the kilobit article:
http://en.wikipedia.org/wiki/Kilobit