BTC.RT0 u.212+c.212 b.212 v.212 (0+1664/1664 1st.212).s0 to 212 N[213] h.425664 r.425664 c.424000 s.425664 d.0 E.212 maxB.6 peers.21/64 Q.(0 0) (L.425664 212:1664) M.425663 00000000000000000007bfb5da523f2666cda7ea6171cb36861d25ae822c680e ledger.5f6f054b8d33a9aa bQ.2453 2:06:03 stuck.0 max.43

A bit over 2 hours to start validating the ledger file: validating DB/BTC/utxoaddrs.424000 HIST BALANCE aaa9338d4b056f5f45e2e6734d1812dd886ff3dcc9011303aac49b77732cfdf8 15799989.79530316 errs 0

but this took a long time even on the SSD and things are now in a state where iguana can run to the chaintip, it is just set to bruteforce validate the ledger file when it is created. It is interested to note that the full bitcoin ledger is 300MB when it is distilled down to its essence (rmd160 + balance).