File Sharing Site Mega Starts Accepting Bitcoins

by Sean Sposito

FEB 19, 2013 10:35am ET

(1) Comment

File-sharing website Mega has begun accepting bitcoins to pay for its storage subscriptions, its controversial founder Kim Dotcom announced over Twitter last week.

Dotcom's decision to accept Bitcoins comes soon after PayPal (EBAY), eBay's ecommerce unit, stopped funneling payments to Mega. PayPal allows cloud storage merchants to sell only file-sharing services it has approved.

In the absence of PayPal's services, Hosting.co.uk, one of vendors that market Mega's cloud-storage services, began using BitPay, which allows merchants to accept bitcoins and converts them into dollars.

The tech blog Slash Gear was among one of the first to notice the news.

Mega is just the latest to begin accepting the anonymous method of making payments. The digital currency is already being taken by blogging website Wordpress and social news website Reddit. Both are accepting bitcoins in exchange for access to premium services.

JOIN THE DISCUSSION

(1) Comment

SEE MORE IN

Technology

IN PICTURES

Seven Stories in Regulation and Reform You Shouldn’t Miss

« »

Editor-at-Large Barbara A. Rehm broke an exclusive story last week detailing the results of the OCC's private tests of the 19 largest banks on corporate governance. The results are shocking. (Image: Thinkstock)

Comments (1)

I use a site called Nuzey File Share which offers unlimited storage for 5 BTC/Monthly. I started out with a free 6 month trial of 200 GB. Never been disappointed with their service. Looks like Mega will have to compete with that. Unlimited storage is hard to beat. I can tell you it would be hard to get me away from unlimited space. Specially when you consider that I keep all my movies backed up. Not having to worry about which ones I should save take loads off my mind. I never think about it I just upload all my new movies and rest confident that I can access them anytime.

Posted by wh1t3r4bb1t | Monday, February 25 2013 at 9:34PM ET

Add Your Comments:

You must be registered to post a comment.