I'm cloning a project from a git repo, but when I execute
You could try running in verbose mode:
pod install --verbose
This'll show you what cocoapods is up to.
Setting up CocoaPods master repo Cloning spec repo `master` from `https://github.com/CocoaPods/Specs.git` (branch `master`) $ /usr/bin/git clone 'https://github.com/CocoaPods/Specs.git' master Cloning into 'master'...
For me the above step took quite a long time as the repo is now 129MB as of Feb 2014! [Edit: 351MB as of May 2016]