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That's outside the control of Electrum Personal Server, which only calls the rescanblockchain RPC call.
To get such a progress indicator look in the bitcoin node's debug.log file. (On linux run tail -f debug.log). Or if you're running bitcoin-qt then a dialog box will pop up.
Would be nice to have some indication of rescan progress, say for example a message every 500 or 1000 blocks.
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