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Hmm, I assumed my problem was that I couldn't hold the UTXO in memory and so it was constantly using my HD which is a lot slower. I don't know enough about the details to really know what else could be the problem.
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Depends on amount of RAM you have and other settings (like dbcache, especially important during IBD).
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If you do full IBD, UTXO size is not the main issue for you, you anyway fully process all the blocks after
assumevalid.