Current video card driver does not support this NVENC version, please update your drivers.

[Harold]

The nvidia T500 physically is lacking nvenc per https://developer.nvidia.com/video-encode-and-decode-gpu-support-matrix-new

 

[Alexsdfsdf]

I mean there are probably a lot of noobs like me that are trying to use this software. It would have helped if the error message except from updating the drivers also suggested that I could change the video encoder in the settings to another mode.