The average total coins generated across the network per day stays the same. Faster machines just get a larger share than slower machines. If everyone bought faster machines, they wouldn't get more coins than before.
We should have a gentleman's agreement
no place for gentleman in btc world, unfortunately
the only thing that will stop the asic race is the worst: a constant hard drop of btc value
I'm sorry. I beg to differ. I may not be a gentleman but I *try* to be a gentleman with anyone I'm dealing with whether it's in the BTC world or not.
This culture is so nascent, that there's still room for civility to take root - at least among well intentioned miners & speculators - while taking calculated risks.