I had a look at Toms thread. He is using a milling/grinding cutter. Good results but not what you're doing.
I'm surprised your diamonds are wearing out on glass.
What I am concerned with is not the wear while they're being dragged, but the impact when you raise & lower them.
If you lift & drop too fast you will chip the diamond which will cause it to wear out prematurely.
Have you considered carbide tips? I think for you they may last as long as your diamonds do now and they are USD 3 each from this guy:
www.dragengraving.com
Worth a try if you're paying USD 20 for diamond tips.
Thanks,
Bob.