At the current price those 12 million ETC are worth $31.50 million.
They can sell these of on the exchanges for next 12 months raising $1 million worth Bitcoin or Dollars each month for the next 12 months, which will pay for huge amount of development work on the post-fork Ethereum network.
Why waste the Ethereum developers time with a hypothetical scenario, which is never going to happen?
bumble.......... is all i say to your math proves it .
![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
Well, you need factor in serious depreciation of the BTC price of ETC as they go along, because buy orders tend to disappear under this kind of program.
Ethereum post-fork, itself will be going over to POS within the next 8 months.
This means the last 4-6 months sources of revenue for GPU mining will be reduced by 50%.
This all, effects what BTC sum you can actually get for 12 million ETC.