When sending or retrieving data using SSH, Git does compression for you. Mercurial does not automatically do compression. You should enable SSH compression as it can speed up things drastically, in some cases. To enable compression for Mercurial, do the following:
ssh = ssh -C
When you are done the file should look similar to the following:
[ui] # Name data to appear in commits username = Mary Anthony <manthony@atlassian.com> ssh = ssh -C