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its 128 kilobits/sec
8 bits = 1 byte
128 / 8 = 16k/sec
60 secs x 16kbytes = 960 kbytes
or almost 1megabyte/sec
if you use a more flexible codec expect:
750kb/min to 1MB/min
But more useful is:
8 listeners @ 128kbps = 1Mbps
kilobits/sec = megabits/sec
so 50 listeners = 6Mbps
and if your stream stayed that way for a month it would be 1800GB or 6Mbps
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