Downgrading Premiere Pro to 12.1.2 build 69 (a.k.a. Premiere Pro CC 2018) should fix the report, but nVidia P106 does not have Video Decode & Video Processing (hardware encode & decode), which is crucial for editing video
No more help any more from both Nvidia and Adobe. The cryptomining-specific GPU had already been EOSL'd last year.
And that P106-100 was a seriously gimped version of the GeForce GTX 1060 that's been rushed into production in 2017 due to the shortages of usable versions of the then-hotly-popular Pascal architecture chips that was used in the GTX 10 series GPUs. So Nvidia completely disabled display-out capability and restricted the PCI-e bus bandwidth on the card and sold it as such. (In other words, think of the P106-100 as a seriously defective GP106 that was originally used in the GeForce GTX 1060, the Quadro P2000 and the Quadro P2200 GPUs with no display out.) Nvidia pledged support of the P106-100 for only one year after the then-current cryptomining craze had begun to subside.
Thus, it is time to move on. Get a newer Nvidia card with REAL display output capability. That feature is absolutely required for GPU acceleration to even work at all.
The P106-100 is a total waste of money because it is designed strictly for cryptocurrency mining, and has most of the features, including DirectX 12 and PCIe 3.0 support, disabled at firmware level. It does not even have any video-out capability at all whatsoever. As such, it is a seriously crippled GPU that won't work properly for anything besides cryptocurrency mining.
Worse, it cannot be successfully flashed into a normal gaming or workstation GPU! And to top it off, the cryptocurrency-mining specific hardware is now no longer supported by NVIDIA outside of archived driver releases (which turned out to be driver branch 415). Premiere Pro 2020 now requires a driver version higher than 430 to even be supported.
In other words, that card is almost totally useless for Premiere Pro (unless you somehow retrograde Premiere Pro itself back down to the 2019 version 13.1.5 - and even then, it will underperform a normal GTX 1060 due to the P106-100 only supporting PCIe 2.0 x4).
Do not count on Windows to be fully up to date when it comes to device drivers Go to the vendor site to be sure you have an updated driver for your graphic adapter •nVidia Driver Downloads http://www.nvidia.com/Download/index.aspx?lang=en-us
There are also intermittent reports that the newest driver is not always the best driver due to driver bugs or compatibility issues, so you MAY need to try an earlier driver version
Operating System Windows v.10.0.18362.1 ---------------------------------------------------------------------------- No conflicts to report.
Video AMD Radeon(TM) Vega 8 Graphics v.26.20.15003.5016 ---------------------------------------------------------------------------- No conflicts to report.
Video NVIDIA P106-100 v.25.21.14.1722 ---------------------------------------------------------------------------- 1. NVIDIA has identified a bug which causes random crashes in your Adobe application and has provided a fix in driver version 430.86. This driver update is strongly recommended. URL: https://helpx.adobe.com/premiere-pro/kb/drivers-video-win-nvidia.html
Audio AMD High Definition Audio Device v.10.0.1.12 ---------------------------------------------------------------------------- No conflicts to report.
Audio DAC-SQ5 v.10.0.18362.1 ---------------------------------------------------------------------------- No conflicts to report.
Audio High Definition Audio Device v.10.0.18362.356 ---------------------------------------------------------------------------- No conflicts to report.
Audio NVIDIA Virtual Audio Device (Wave Extensible) (WDM) v.4.11.1.0 ---------------------------------------------------------------------------- No conflicts to report.
Network Microsoft Kernel Debug Network Adapter v.10.0.18362.1 ---------------------------------------------------------------------------- No conflicts to report.
Network Microsoft Wi-Fi Direct Virtual Adapter #4 v.10.0.18362.1 ---------------------------------------------------------------------------- No conflicts to report.
Network Microsoft Wi-Fi Direct Virtual Adapter #5 v.10.0.18362.1 ---------------------------------------------------------------------------- No conflicts to report.
Network Realtek PCIe GbE Family Controller v.10.36.701.2019 ---------------------------------------------------------------------------- No conflicts to report.
Network Realtek RTL8188EU Wireless LAN 802.11n USB 2.0 Network Adapter v.1030.32.201.2018 ---------------------------------------------------------------------------- No conflicts to report.
Network WAN Miniport (IKEv2) v.10.0.18362.1 ---------------------------------------------------------------------------- No conflicts to report.
Network WAN Miniport (IP) v.10.0.18362.1 ---------------------------------------------------------------------------- No conflicts to report.
Network WAN Miniport (IPv6) v.10.0.18362.1 ---------------------------------------------------------------------------- No conflicts to report.
Network WAN Miniport (L2TP) v.10.0.18362.1 ---------------------------------------------------------------------------- No conflicts to report.
Network WAN Miniport (Network Monitor) v.10.0.18362.1 ---------------------------------------------------------------------------- No conflicts to report.
Network WAN Miniport (PPPOE) v.10.0.18362.1 ---------------------------------------------------------------------------- No conflicts to report.
Network WAN Miniport (PPTP) v.10.0.18362.1 ---------------------------------------------------------------------------- No conflicts to report.
Network WAN Miniport (SSTP) v.10.0.18362.1 ---------------------------------------------------------------------------- No conflicts to report.
Notable Preferences: Enable hardware decoding: 1 Last used renderer name: CUDA Enable display color management: Not set (will use default value) Enable Extended Dynamic Range Monitoring: 0 Write clip markers to XMP: 0 Enable growing files: 1 Missing font replacement: ArialNarrow