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

Featured

Slideshows

Reseller News Platinum Club celebrates leading partners in 2019

Reseller News Platinum Club celebrates leading partners in 2019

The leading players of the New Zealand channel came together to celebrate a year of achievement at the annual Reseller News Platinum Club lunch in Auckland. Following the Reseller News Innovation Awards, Platinum Club provides a platform to showcase the top performing partners and start-ups of the past 12 months.

Reseller News Platinum Club celebrates leading partners in 2019
Reseller News hosts alumnae breakfast for Women in ICT Awards

Reseller News hosts alumnae breakfast for Women in ICT Awards

Reseller News hosted its second annual alumnae breakfast for the Women in ICT Awards in New Zealand, designed to showcase the leading female leaders in the industry. Held at The Cordis in Auckland, attendees came together to hear inspiring keynotes and panel discussions, alongside high-level networking among peers. Photos by Gino Demeer.

Reseller News hosts alumnae breakfast for Women in ICT Awards
Reseller News Innovation Awards 2019: meet the winners

Reseller News Innovation Awards 2019: meet the winners

Reseller News honoured the standout players of the New Zealand channel in front of more than 480 technology leaders in Auckland on 23 October, recognising the achievements of top partners, emerging entrants and innovative start-ups.

Reseller News Innovation Awards 2019: meet the winners
Show Comments