Time Machine encryption running extremely slow
I recently purchased a 2019 27-inch 3.7 GHz iMac with a 3TB Fusion Drive. The internal drive is now approximately half-filled, with 1.4TB free. I've connected a (new) 6TB Thunderbolt G-Technologies external hard drive to use as the backup drive. I started Time Machine about week ago, and the initial backup completed in less than about a day's time. Time Machine says that it's now encrypting the backup files. The encryption seems to stop occasionally to create an additional backup, but then goes back to encryption mode. The drive seems to run almost continuously, day and night, and after about a week still shows the status as "0% encrypted." Is this normal, or do I need to erase the drive and restart without encryption (or by encrypting the drive itself first)?
iMac 27", macOS 10.14