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

Join the PC World newsletter!

Error: Please check your email address.

Tags Internet-based applications and servicesmegauploadMegaMusic and audiointernet

Struggling for Christmas presents this year? Check out our Christmas Gift Guide for some top tech suggestions and more.

Keep up with the latest tech news, reviews and previews by subscribing to the Good Gear Guide newsletter.

Jeremy Kirk

IDG News Service

Most Popular Reviews

Follow Us

Best Deals on GoodGearGuide

Shopping.com

Latest News Articles

Resources

GGG Evaluation Team

Kathy Cassidy

STYLISTIC Q702

First impression on unpacking the Q702 test unit was the solid feel and clean, minimalist styling.

Anthony Grifoni

STYLISTIC Q572

For work use, Microsoft Word and Excel programs pre-installed on the device are adequate for preparing short documents.

Steph Mundell

LIFEBOOK UH574

The Fujitsu LifeBook UH574 allowed for great mobility without being obnoxiously heavy or clunky. Its twelve hours of battery life did not disappoint.

Andrew Mitsi

STYLISTIC Q702

The screen was particularly good. It is bright and visible from most angles, however heat is an issue, particularly around the Windows button on the front, and on the back where the battery housing is located.

Simon Harriott

STYLISTIC Q702

My first impression after unboxing the Q702 is that it is a nice looking unit. Styling is somewhat minimalist but very effective. The tablet part, once detached, has a nice weight, and no buttons or switches are located in awkward or intrusive positions.

Latest Jobs

Shopping.com

Don’t have an account? Sign up here

Don't have an account? Sign up now

Forgot password?