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  2. Binary prefix - Wikipedia

    Computer storage has become cheaper per unit and thereby larger, by many orders of magnitude since "K" was first used to mean 1024. Because both the SI and "binary" meanings of kilo, mega, etc., are based on powers of 1000 or 1024 rather than simple multiples, the difference between 1M "binary" and 1M "decimal" is proportionally larger than that between 1K "binary" and 1k "decimal", and so on ...