MBps = Megabytes per second?

MBps is an abbreviation for Megabytes per second.
Mbps is an abbreviation for Megabits per second.
Down on the bottom left hand corner of Newsbin ( sorry, can't put up a screen shot, key not working) it indicates these numbers, but I think something is off.
My MBps indicates 30, which would be 30 Megabytes per second. I can tell you that is wrong. My connection only gets max of 6.5 MBps. Maybe I'm reading it wrong. Is that right?
Mbps is an abbreviation for Megabits per second.
Down on the bottom left hand corner of Newsbin ( sorry, can't put up a screen shot, key not working) it indicates these numbers, but I think something is off.
My MBps indicates 30, which would be 30 Megabytes per second. I can tell you that is wrong. My connection only gets max of 6.5 MBps. Maybe I'm reading it wrong. Is that right?