Beacon + Efficiency 5 not instant mine ... Why not?

I just recently acquired a beacon on my server that is running Paper with Vane.
For some reason after getting a full size beacon (7x7 base) with ironblocks and powering it with Haste II I’m seeing no difference in mining speed with my Diamond Efficiency V pickaxe. I expected it to have instant mining of stone blocks but the beacon is making no difference. The Haste modifier is displaying in the upper right corner of the screen.

Does anyone know what could be the issue? Or any tips on how to determine where the issue might be stemming from?

Thanks for any suggestions!

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