Mega will now accept a virtual currency Bitcoin as said by Kim Dotcom; Mega’s co-founder. This makes it the second prominent website in a week to accept payment in Bitcoin, which has been slowly gaining traction mostly with online merchants. The first prominent company this week announcing that it will accept Bitcoin was old tech gurus Reddit.
Bitcoin is now becoming famous as now WordPress also accepting it from last November. 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 February 18, 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 a 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.
After the bitcoin transaction has been verified by Zipbit once, users receive a voucher that starts the Mega subscription, making it pretty much a standard bitcoin procedure.