title: 1 Mbit = ? bytes
body: <p>I always get confused about this.  Is there a "standard" conversion of Megabits to bytes?</p>
  
  <p>Is it:</p>
  
  <pre><code> 1 Megabit == 1,000,000 bits == 125,000 bytes
  </code></pre>
  
  <p>Or:</p>
  
  <pre><code> 1 Megabit == 2^20 bits == 1,048,576 bits == 131,072 bytes
  </code></pre>