Hi Logan,
Yes, you are right, this board need to connect 12V power at J16, J107 need to connect pin1,2.
The bit rate is 500Kpbs, this is my test result:


Actually, 12V power is very easy to find.
If you don't want to use 12V, you also can use our TRK-KEA128 board, that board CAN transiver don't need the external 12V, just USB cable is OK.
Wish it helps you!
Have a great day,
Kerry
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