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NVidia...is it related to hardware? Do I have to have NVidia GPU or something
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Yes, it requires a CUDA-capable card from Nvidia, unfortunately. Neither DGIndex, DGAVCIndex nor the DiAVC version support VC-1. I can't say say that the NV version is the "best" (for fear of being slapped down by the old rule #12 deal) but it is the most versatile, format-wise, of all neuron2's indexer/decoder versions.