Megaupload sequel Mega to accept bitcoin currency

By Crisp
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Megaupload sequel Mega to accept bitcoin currency

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Web storage service Mega will now accept the virtual currency bitcoin, according to its founder Kim Dotcom.

The site is the sequel to his site Megaupload, shut down a year ago at the urging of the US government.

Mega follows social news site Reddit and blogging platform WordPress in accepting bitcoin payments.

Mr Dotcom, who awaits a hearing relating to criminal charges, in part, about pirated material on his original site, announced the move on Twitter.

"#Mega now accepts #BITCOIN via our newest reseller Bitvoucher: https://bitvoucher.co/ ," the founder posted on Saturday.

The virtual currency can be used to pay for extra storage space on the service.

Mega offers 50GB of free cloud storage, with the option to pay for extra storage ranging from 500GB to 4TB.

The exchange rate for one bitcoin currently stands at close to ?17 ($26).

The cheapest package of 500GB costs ?9.99 euros ($13.32; ?8.61) per month - or half a bitcoin.

To pay in the internet currency, users need to access BitVoucher, the website of Mega's new reseller.

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