Menu
Kim Dotcom's Mega file-sharing service to accept bitcoin

Kim Dotcom's Mega file-sharing service to accept bitcoin

Mega follows WordPress and Reddit in accepting the virtual currency

Mega will accept the virtual currency bitcoin for subscriptions for more storage space on the file-sharing service, cofounder Kim Dotcom announced on Twitter.

Mega is the second prominent website in a week to say it will accept payment in bitcoin, which has been slowly gaining traction mostly with online merchants. Reddit announced last week it would take bitcoin for its "Gold" premium service, which lets users turn off advertisements and use a range of editing tools. The blogging platform WordPress began accepting bitcoin last November.

Bitcoin's technical design may appeal to Mega users. In order to spend a bitcoin -- which is basically an encrypted number -- users don't have to divulge the range of personal details required for an online credit-card transaction.

Although there are advanced hacking attacks, it is generally very difficult to fraudulently spend a bitcoin. Merchants accepting the virtual currency do not have to fear the transaction may be reversed if fraud is suspected, which occurs with credit card payments and is known as a chargeback.

Mega offers 50GB of storage for free, but offers paid packages ranging from 500GB to 2TB ranging from ¬9.99 (US$13.32) to ¬29.99 per month. Those prices have been represented in bitcoin on BitVoucher, the website of a new reseller of Mega's service.

One bitcoin was trading for about $26.80 on Monday, but it is possible to spend fractions of a bitcoin. The cheapest Mega package, at ¬9.99, was listed as selling for 0.5238 bitcoin for one-month subscription.

BitVoucher relies on another service to receive the bitcoins from a buyer and verify the transaction. Mega is using Zipbit, a New Zealand-based company that is one of a number of companies working to make handling and processing bitcoin easier for merchants.

Once the bitcoin transaction has been verified by Zipbit, users receive a voucher that starts the Mega subscription.

Send news tips and comments to jeremy_kirk@idg.com. Follow me on Twitter: @jeremy_kirk


Follow Us

Join the newsletter!

Or

Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.

Tags internetInternet-based applications and servicesMusic and audiomegauploadMega

Events

Featured

Slideshows

Meet the Reseller News 30 Under 30 Tech Awards 2020 winners

Meet the Reseller News 30 Under 30 Tech Awards 2020 winners

This year’s Reseller News 30 Under 30 Tech Awards were held as an integral part of the first entirely virtual Emerging Leaders​ forum, an annual event dedicated to identifying, educating and showcasing the New Zealand technology market’s rising stars. The 30 Under 30 Tech Awards 2020 recognised the outstanding achievements and business excellence of 30 talented individuals​, across both young leaders and those just starting out. In this slideshow, Reseller News honours this year's winners and captures their thoughts about how their ideas of leadership have changed over time.​

Meet the Reseller News 30 Under 30 Tech Awards 2020 winners
Reseller News Exchange Auckland: Beyond the myths — how partners can master cloud security

Reseller News Exchange Auckland: Beyond the myths — how partners can master cloud security

This exclusive Reseller News Exchange event in Auckland explored the challenges facing the partner community on the cloud security frontier, as well as market trends, customer priorities and how the channel can capitalise on the opportunities available. In association with Arrow, Bitdefender, Exclusive Networks, Fortinet and Palo Alto Networks. Photos by Gino Demeer.

Reseller News Exchange Auckland: Beyond the myths — how partners can master cloud security
Reseller News welcomes industry figures at 2020 Hall of Fame lunch

Reseller News welcomes industry figures at 2020 Hall of Fame lunch

Reseller News welcomed 2019 inductees - Leanne Buer, Ross Jenkins and Terry Dunn - to the fourth running of the Reseller News Hall of Fame lunch, held at the French Cafe in Auckland. The inductees discussed the changing face of the IT channel ecosystem in New Zealand and what it means to be a Reseller News Hall of Fame inductee. Photos by Gino Demeer.

Reseller News welcomes industry figures at 2020 Hall of Fame lunch
Show Comments