How much time will be required to crack the remaining words with X amount of words exposed, exactly.
Depends. Resources needed is immense.
But why do you say that such a technology wouldn't negatively impact Bitcoin in its current state? If it becomes possible to crack 8 words tomorrow, in two years time it might be possible to crack 12. Once 12 becomes brute-foreable, could 15-16 be penetrable in 10 years? Cracking a part is just the testing phase to the ultimate goal of cracking it all.
Because the difficulty of cracking them becomes exponentially harder. Exhausting 80 bits of search space is 2.8147498e+14 times easier than going through the search space of 128bits. Currently, the
entire Bitcoin network calculates ~ 80+ bits within a short period of time, but if you were to go to 128bits, that would go to
billions of years (~8.43e+10 year). The search space is gigantic and I believe that we've talked about how big 128 bits of entropy is, many many times and how infeasible it would for anyone to even try to exhaust the search space. There is a reason why the topic was centered about partial cracking and not fully compromising Bitcoin seeds.
As a disclaimer, the hashrate of Bitcoin network cannot be approximated to be the same. Reason being, the ASICs that we have operates by a simple principle; where you only take data to double hash them, check the hash and then increment or change the parameters. The same cannot be said for an ASIC that would be made specifically for cracking BIP39 seeds. Even if it does, if it takes billions of dollars of equipment, not including R&D together with the electrical consumption of a country. All that just to crack a few dollars worth of nearly fully exposed BIP39 seeds. It's far cheaper, easier and impactful to just execute a 51% attack, don't you think?
Forget the monetary rewards and just focus on someone wanting the death of Bitcoin. Death in its current state unless it can adjust to an algorithm strong enough to withstand the new attack technology. I suppose that shouldn't be difficult considering that the interests of everyone involved with Bitcoin is in jeopardy.
BIP39 is a way to get the mnemonic to generate BIP32 seeds. BIP32 seeds are used to generate master keys to generate Bitcoin address. Are we talking about cracking Bitcoin addresses or are we talking about the possibility of cracking a standard for generating Bitcoin addresses? We aren't talking about cracking individual addresses in the first place and even if we are, it is practically impossible.