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Speed test on Nighthawk router


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I have the current Genie installed. Using the netgear speed test, I get 12.46 kbps but the speedtest.net gives me 30.61 Mbps This is a difference of 2, 457%. Could the labelling on the genie site be incorrect; that is the speed shown in Kbps should actually be mbps. Even if that were so, the difference is still 245%. my measurements were taken at the same time with the same hardware setup. How can these huge differences be explained.? 

 

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