I stuck trying to do this with Xeon E5-2600 Dell Precision T3600 with Nvidia Quadro 5000 and I7 machine with MSI GTX-970 Gamer 4.
I get a notice from Adobe CC when I launch Premiere pro-- that my Quadro 5000 card does not have the latest drivers (R375 U11 377.83--!) Adobe is asking for Quadro Hardware release 126.96.36.199... which i believe is really 377.83 But i cannot tell... i cannot find this version on Nvidia's website.
I cannot get GPU rendering for a test project I am trying to do with 8k 60fps video.
What i can get is 90+ hour render time for using SOFTWARE CODEC... Yikes!!!
I have tried the following :
And still this mess with Hardware incompatibility and no Hardware GPU rendering.