What are you transcoding from, and what is your reason for wanting to do this? It might not be worth th effort. Lossy to lossy transcoding is already not ideal, and hardware encorders end up trading either size or quality in exchange for speed. I’ve played with NVENC h.265 a lot and found the end results weren’t really any smaller than what x264 gives me for similar quality, so I just use x265 and deel with the slower encodes.
What are you transcoding from, and what is your reason for wanting to do this? It might not be worth th effort. Lossy to lossy transcoding is already not ideal, and hardware encorders end up trading either size or quality in exchange for speed. I’ve played with NVENC h.265 a lot and found the end results weren’t really any smaller than what x264 gives me for similar quality, so I just use x265 and deel with the slower encodes.
It may be cheaper to just buy more storage.