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B
Your cpu is more important for encoding as it is done via calculations so the more horse power you have the faster those are done and the faster the encoding.
The graphics card is great for playing back video games where real time calculations are needed for things like 3d modeling to make your player turn left when you tell them to do so.
I have a laptop with an i7 and 16 gigs of ram for my program to work with as well. Does a find job and has for 3 years now (yet that old) and going great. HP Envy series.
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