Based on the log file and the first playback I see –
The video has
Dec 08, 2021 17:47:45.471 [0x7fd0cf008b38] DEBUG - [Transcode] Subtitles: Found a candidate subtitle language [en] for a foreign film
Dec 08, 2021 17:47:45.491 [0x7fd0cf008b38] DEBUG - [Transcode] MDE: E9 - Attack of the Ogres: Direct Play is disabled
Dec 08, 2021 17:47:45.491 [0x7fd0cf008b38] DEBUG - [Transcode] MDE: E9 - Attack of the Ogres: media must be transcoded in order to use the dash protocol
Dec 08, 2021 17:47:45.491 [0x7fd0cf008b38] DEBUG - [Transcode] MDE: E9 - Attack of the Ogres: selected subtitle cannot be converted to a compatible format, burning into video stream
Dec 08, 2021 17:47:45.491 [0x7fd0cf008b38] DEBUG - [Transcode] MDE: E9 - Attack of the Ogres: avoiding video remux due to burned subtitle stream
Dec 08, 2021 17:47:45.491 [0x7fd0cf008b38] DEBUG - [Transcode] MDE: E9 - Attack of the Ogres: no remuxable profile found, so video stream will be transcoded
Dec 08, 2021 17:47:45.491 [0x7fd0cf008b38] DEBUG - [Transcode] MDE: Cannot direct stream video stream due to profile or setting limitations
Dec 08, 2021 17:47:45.491 [0x7fd0cf008b38] DEBUG - [Transcode] Codecs: testing h264 (decoder) with hwdevice vaapi
Dec 08, 2021 17:47:45.491 [0x7fd0cf008b38] DEBUG - [Transcode] Codecs: hardware transcoding: testing API vaapi
Dec 08, 2021 17:47:45.492 [0x7fd0cf008b38] DEBUG - [Transcode] [FFMPEG] - Format 0x41524742 -> bgra.
Dec 08, 2021 17:47:45.492 [0x7fd0cf008b38] DEBUG - [Transcode] [FFMPEG] - Format 0x42475241 -> argb.
Dec 08, 2021 17:47:45.492 [0x7fd0cf008b38] DEBUG - [Transcode] [FFMPEG] - Format 0x41424752 -> rgba.
Dec 08, 2021 17:47:45.492 [0x7fd0cf008b38] DEBUG - [Transcode] [FFMPEG] - Format 0x52474241 -> abgr.
Dec 08, 2021 17:47:45.492 [0x7fd0cf008b38] DEBUG - [Transcode] [FFMPEG] - Format 0x58524742 -> bgr0.
Dec 08, 2021 17:47:45.492 [0x7fd0cf008b38] DEBUG - [Transcode] [FFMPEG] - Format 0x42475258 -> 0rgb.
Dec 08, 2021 17:47:45.492 [0x7fd0cf008b38] DEBUG - [Transcode] [FFMPEG] - Format 0x58424752 -> rgb0.
Dec 08, 2021 17:47:45.492 [0x7fd0cf008b38] DEBUG - [Transcode] [FFMPEG] - Format 0x52474258 -> 0bgr.
Dec 08, 2021 17:47:45.492 [0x7fd0cf008b38] DEBUG - [Transcode] [FFMPEG] - Format 0x30335241 -> unknown.
Dec 08, 2021 17:47:45.492 [0x7fd0cf008b38] DEBUG - [Transcode] [FFMPEG] - Format 0x30334241 -> unknown.
Dec 08, 2021 17:47:45.492 [0x7fd0cf008b38] DEBUG - [Transcode] [FFMPEG] - Format 0x30335258 -> x2rgb10le.
Dec 08, 2021 17:47:45.492 [0x7fd0cf008b38] DEBUG - [Transcode] [FFMPEG] - Format 0x30334258 -> unknown.
Dec 08, 2021 17:47:45.492 [0x7fd0cf008b38] DEBUG - [Transcode] [FFMPEG] - Format 0x36314752 -> unknown.
Dec 08, 2021 17:47:45.492 [0x7fd0cf008b38] DEBUG - [Transcode] [FFMPEG] - Format 0x50424752 -> unknown.
Dec 08, 2021 17:47:45.492 [0x7fd0cf008b38] DEBUG - [Transcode] [FFMPEG] - Format 0x50524742 -> unknown.
Dec 08, 2021 17:47:45.492 [0x7fd0cf008b38] DEBUG - [Transcode] [FFMPEG] - Format 0x56555941 -> unknown.
Dec 08, 2021 17:47:45.492 [0x7fd0cf008b38] DEBUG - [Transcode] [FFMPEG] - Format 0x30303859 -> gray.
Dec 08, 2021 17:47:45.492 [0x7fd0cf008b38] DEBUG - [Transcode] [FFMPEG] - Format 0x3231564e -> nv12.
Dec 08, 2021 17:47:45.492 [0x7fd0cf008b38] DEBUG - [Transcode] [FFMPEG] - Format 0x3132564e -> unknown.
Dec 08, 2021 17:47:45.492 [0x7fd0cf008b38] DEBUG - [Transcode] [FFMPEG] - Format 0x32595559 -> yuyv422.
Dec 08, 2021 17:47:45.492 [0x7fd0cf008b38] DEBUG - [Transcode] [FFMPEG] - Format 0x59565955 -> uyvy422.
Dec 08, 2021 17:47:45.492 [0x7fd0cf008b38] DEBUG - [Transcode] [FFMPEG] - Format 0x32315659 -> yuv420p.
Dec 08, 2021 17:47:45.492 [0x7fd0cf008b38] DEBUG - [Transcode] [FFMPEG] - Format 0x30323449 -> yuv420p.
Dec 08, 2021 17:47:45.492 [0x7fd0cf008b38] DEBUG - [Transcode] [FFMPEG] - Format 0x50313134 -> yuv411p.
Dec 08, 2021 17:47:45.492 [0x7fd0cf008b38] DEBUG - [Transcode] [FFMPEG] - Format 0x48323234 -> yuv422p.
Dec 08, 2021 17:47:45.492 [0x7fd0cf008b38] DEBUG - [Transcode] [FFMPEG] - Format 0x56323234 -> yuv440p.
Dec 08, 2021 17:47:45.492 [0x7fd0cf008b38] DEBUG - [Transcode] [FFMPEG] - Format 0x50343434 -> yuv444p.
Dec 08, 2021 17:47:45.492 [0x7fd0cf008b38] DEBUG - [Transcode] [FFMPEG] - Format 0x33434d49 -> unknown.
Dec 08, 2021 17:47:45.492 [0x7fd0cf008b38] DEBUG - [Transcode] [FFMPEG] - Format 0x30313050 -> p010le.
Dec 08, 2021 17:47:45.492 [0x7fd0cf008b38] DEBUG - [Transcode] Codecs: Testing with profile 'High'
Dec 08, 2021 17:47:45.493 [0x7fd0cf008b38] DEBUG - [Transcode] Scaled up video bitrate to 14109Kbps based on 1.500000x fudge factor.
Dec 08, 2021 17:47:45.493 [0x7fd0cf008b38] DEBUG - [Transcode] MDE: Tensei Shitara Slime Datta Ken - S1 E9 - Attack of the Ogres: selected media 0 / 4670
Dec 08, 2021 17:47:45.493 [0x7fd0cf008b38] DEBUG - [Transcode] Streaming Resource: Adding session 0x7fd0cf67a168:t7orjry9rrqme5nu9jkycfh3 which is using transcoder slot. Used slots is now 1
Dec 08, 2021 17:47:45.493 [0x7fd0cf008b38] DEBUG - [Transcode] Streaming Resource: Added session 0x7fd0cf67a168:t7orjry9rrqme5nu9jkycfh3
Dec 08, 2021 17:47:45.493 [0x7fd0cf008b38] DEBUG - [Transcode] Streaming Resource: Reached Decision id=4984 codes=(General=1001,Direct play not available; Conversion OK. Direct Play=3000,App cannot direct play this item. Direct play is disabled. Transcode=1001,Direct play not available; Conversion OK.) media=(id=4670 part=(id=4671 decision=transcode container=mp4 protocol=dash streams=(Video=(id=15830 decision=transcode bitrate=14109 encoder=h264_vaapi width=1920 height=1080) Audio=(id=15831 decision=copy channels=2 rate=48000) Subtitle=(id=15832 decision=burn languageCode=eng location=embedded))))
The hardware transcoding does the video transcoding with ease.
The CPU is going to struggle burning the subtitle into the video.