Thank you for offering further help! You are a very helpful person!
I paid $400 for the 1TB T5 SSD, but now a 2TB T5 is selling for $325 (B&H will refund tax). Thus if there is significant advantage of using a SSD to do backup, it is not out of the question. Even for Time Machine backup using HD, there is a case to be made to use SSD. Using HD, to prevent HD failure and lose all TM data, I have to use two HDs, TM-A and TM-B for redundancy whereas for SSD, I only need one as there is less chance of failure.
Snapshots on a bootable external disk is something new. I actually wrote to CCC support asking for help to understand how to use snapshots on an external disk. But the reply was not helpful for a non computer person like me. I remain confused. If you have time to sort it out and point the way, it will offer another backup option to many users.CCC does not have a guide for people in how to optimize using APFS snapshots (strongly suggested only to be done on SSD's) .
Yes, I did an initial TM backup on a 1TB encrypted SSD(Samsung T5). 500GB of data on a 1TB internal disk took about 3 hours to backup. Would like to copy the SSD backup to a spinning HD.So you did an initial Time Machine backup to the SSD? Is that correct? If so, how long did it take? Is your old Mac also on Mojave? You said that you had a 2TB SSD. Is that correct? What size is the HDD you want to copy the Time Machine backup to? If you answer these questions, I can suggest a way that would be easiest to copy the Time Machine backup from the SSD to the HDD.
I paid $400 for the 1TB T5 SSD, but now a 2TB T5 is selling for $325 (B&H will refund tax). Thus if there is significant advantage of using a SSD to do backup, it is not out of the question. Even for Time Machine backup using HD, there is a case to be made to use SSD. Using HD, to prevent HD failure and lose all TM data, I have to use two HDs, TM-A and TM-B for redundancy whereas for SSD, I only need one as there is less chance of failure.