anyone figured out the settings so that the bitrate doesn't spike? It sometimes spikes to 10k-20k.
I think one guy suggested using a lower speed/quality%, but that only mitigates the spikes. I think the spikes are the reason why I am having stutter and quality (blockiness) problems on my online stream. Because local files don't care about bitrate spikes as much.
To answer your question it is because "fixed quantizer values" that is uses Current formula is 40 - (quality * 5) / 2 so, no, its not fixed.