Do router speeds matter?
The router will take in whatever internet connection you have (15,30,100mbps) and make it available on wired ethernet connectors and on wireless. On wired connectors, you practically have no losses and same speed as the internet (no latency, no packet losses, no speed drops).
On wireless, you get some latency due to conversion to air and back from air to data inside router, you get some latency if there's lots of other devices competing for "air space" around your router, you may get some speed drops from time to time depending on how far your computer is from the router, if there's walls around, if there's some devices producing noise that affects the transmission.
But in general, you should be able to easily gain those 15 or 30mbps even with a crappy wireless router. 100 mbps may be problematic with some routers, but most higher end routers would manage 100mbps just fine.
The maximum theoretical bandwidth, that number you see on routers, like 1200 mbps is basically the SUM of all bandwidth the router can use to talk to devices. For example, a router may be able to use 2.4 ghz frequency to talk to various devices at up to 300 mbps and may be able to use 5 ghz frequency to talk to devices at up to 866 mbps ... so 866 + 300 = 1166 mbps and they basically round it up to 1200mbps to make the router sell better, to look better on the box.
The maximum speed will depend on what your wireless network card is actually capable of, and how far away you are from the router and other things.
If your wireless card is 2.4 ghz only, then it doesn't matter that your router is capable of "1200mbps", you'll still only get the maximum of your network card and the maximum the router can do on the 2.4 ghz frequency.
So for example, you may have a 2.4 ghz wireless card that can do maximum 150 mbps, your router can do maximum 300 mbps on 2.4 ghz, so even though your router is advertising 1200 mbps, your maximum speed to the router will be 150 mbps (~ 72 mbps in either direction, because the number represents total incoming and outgoing bandwidth, and you get half of that in either direction)
With 5 ghz, those high speeds may only be achieved with wireless cards that have multiple antennas.. for example, a router that says it can 1200 mbps may be able to achieve a speed of up to 866 mbps to a device, but only if that device has two antennas and is smart enough to send and receive data through both antennas at the same time.
You may have a 5 ghz wireless card that has only one antenna, in which case the router will only be able to connect and talk to your wireless card at half that speed, 433 mbps.

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