My setup is
Gigabyte X570 AORUS ELITE Wifi AMD X570 Motherboard
AMD Ryzen 9 5900X Desktop Processor (12 Cores/24 Threads/3.7GHz)
MSI NVidia Gforce GTX 3060 with latest drivers installed
Windows 10 Home 64bit
Magix Movie edit Pro Premium
I have tried all options to enable hardware encoding during export but it does not work