The only time I would ever dream of mixing up a batch of epoxy that big is when I'm coating or laying down fibreglass. Why would you? It takes about 15 seconds to pump the epoxy and one minute to mix it. I cannot see the point of 'saving time' when it means that you are putting yourself under pressure to get the mix out of the container and on to the wood. If you run out of glue half way through the job, it's vaguely irritating to have to go and mix up some more; if the epoxy starts going off it's a recipe for disaster. As you pointed out, the first thing that goes through your mind is the cost of wasting it, so you are inclined to use it anyway, even though the pot is getting hot and the mix thickening while you use it. The cost of this pot of epoxy (which is actually, a lot cheaper in real terms than it was 40 years ago) is nothing compared with your peace of mind after the event (did you achieve a decent glue joint?) and, in the worst case, the piece of wood that has to be removed as there are big gaps in the joint because the epoxy had gone hard before it squeezed out.
I am not renowned for throwing money around, but even I will ditch half a pot of epoxy rather than risk a sub-standard joint. However, the secret of success is, when in doubt, mix less. Frankly, I think it's easier to mix another batch than to faff around with iced water, which I would undoubtedly tip all over the wood I'm about to glue!