I encountered this problem, too.
My SQL server is "Ver 8.0.43 for Win64 on x86_64 (MySQL Community Server - GPL)"
To work around this, I set the eqemu user to use mysql_native_password.
If I recall correctly, the command is
Code:
ALTER USER 'eqemu'@'%' IDENTIFIED WITH mysql_native_password BY 'YourPeqPassword';
flush privileges;
eqemu is the only user that needed the native password plugin. All other accounts use SHA2.