The most hope-inspiring part is that there's still a good deal of hashrate over there. That people find ways around the ban and manage not getting caught. I live in Sweden and I suspect that the EU will crack down hard on all kinds of freedom tech, given that they have just passed a bill that will give all EU citizens "the possibility" of a digital ID (eIDAS), which isn't too hard to imagine will slowly morph into a requirement, and at the same time require browsers to implement bad security, possibly backdoors, (QWACs), and are in the process of discussing mandating client-side scanning "against CSAM" (Chat Control 2), which will no doubt expand to anything and everything they don't like if passed.

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