Hardware encoding is really great to have on a server. A lot of the time you wouldn’t even think about its existence in a desktop use case but if you monitor resource metrics on a server you can see how huge of a help it is.
I use an old 7700k for my media server. Took a little stint of configuration to pass the integrated graphics device from the Proxmox hypervisor, into the k8s worker node VM, and then into the Jellyfin pod, but very much worth it. Jellyfin x264 1080p transcoding now takes roughly a third of the CPU resources compared to doing it all in software.