GoGo Mining is a name used and owned by Singa Mining Pte Ltd a next-generation crypto-currency mining equipment manufacturer.
Singa Mining was created to ensure more secure, more future-proof networks for cryptocurrencies like Bitcoin, Ethereum Decred and Siacoin.
Most cryptocurrencies rely on GPU mining, which is inherently less secure than ASICs. Countless numbers of GPUs exist throughout the world in large Ethereum mining farms, corporate settings, government facilities, and more. A large number of GPUs can 51% attack smaller cryptocurrencies, leading to serious security issues.
Moreover, most GPU mining pools automatically switch to the most profitable coin, which means miner incentives are not aligned with that of users. If a coin drops in value, miners simply switch to another coin. With ASICs, incentives are better aligned – miners cannot switch, which means they care more about the success of the coin.
SGM will produce powerful, profitable ASIC mining hardware.