I recently changed my recordings to a lower resolution to try and get a smoother editing experience with Vegas Pro 20. Went from a 4k60 recording in OBS to a 1440p60. I got a much better editing performance like I wanted, but when I choose my normal render options, just the Magix preset for h.264 1080p60 via NVENC, my performance is halved. My system was typically able to render the projects out at 100+fps (typically around 110-140). But now when I render my projects with the same preset my performance starts off initially around 120fps, but my CPU gets taxed to 100% and performance is tanked down to around 50fps.
Am I misunderstanding the render options? I thought Nvenc meant it would be primarily using my GPU (a RTX 2080ti) and hardware encoders instead of my CPU, and this is what I saw in my previous projects that were in 4k. But now with the lower resolution, when I look at my performance center my GPU is only around 20-30% and my CPU is maxing out at 100%