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#531
Backup speeds depend only on hardware, just like with almost anything else.
Because of pretty high level of compacting, that's where CPU does most work and that can impact backup speed. A lot is done in RAM to, so amount of RAM and it's speed play a role.
Next is disk system, speed of reading and specially writing of destination disk and type of connection to it are most influential for backup speed. One example: I now have a fast NVMe SSD for Windows, backing up to another NVMe SSD and backup times are half of when I backup to a mechanical HDD and even longer when backing up to a USB2 connected HDD.