Where the MP3 files that reach this page come from
Usually from a voice recorder. These devices record at low bitrates — 32, 48 or 64 kbps — to fit many hours into little storage. This doesn't affect transcription: at that level the voice remains intact, and what's removed are frequencies not used in speech.
The other common source is a video with the audio already extracted, or a downloaded podcast. Both usually arrive at 128 kbps or higher, more than enough. Compressing them further before uploading offers no benefit: minutes are calculated by duration, not by file size.