Since there seems to be only one place to set the H.264 encoding quality (in the streaming Output tab of the ATEM Control Panel), I believe this means that the ATEM Mini Pro only has a single H.264 encoding engine internally. So the same H.264 encoding quality and data rate will be used for both streaming and recording.
This means that you probably need to be careful about selecting the HyperDeck encoding quality settings if you plan on live streaming since the data rate is fairly high. Unless you have a very fast internet upload speed, the HyperDeck settings should mostly just be used when you intend to record locally to a USB drive, but not stream out over the internet.
In terms of recording times, the HyperDeck record rates are documented for each frame rate in the HyperDeck manual. Based on these, here is an estimate of the record times on a 1 TB drive at 1080p25:
- HyperDeck High 1080p25 (40 Mb/s = 18 GB/hr): 55 hours per TB
- HyperDeck Medium 1080p25 (25 Mb/s = 11 GB/hr): 88 hours per TB
- HyperDeck Low 1080p25 (11 Mb/s = 5 GB/hr): 202 hours per TB
The ATEM Mini manual isn't quite as specific about the data rates for particular resolutions using the Streaming presets, but it sounds like the lower end of the range is used for lower frame rates (up to 1080p30) and the higher end of the data rate range are used for high frame rates (1080p50 or 1080p60). Which would mean that the record times for the Streaming presets look something like this:
- Streaming High 1080p25 (6 Mb/s = 2.7 GB/hr): 370 hours per TB
- Streaming Medium 1080p25 (4.5 Mb/s = 2 GB/hr): 494 hours per TB
- Streaming Low 1080p25 (3 Mb/s = 1.35 GB/hr): 740 hours per TB
For both the HyperDeck and Streaming presets, the data rates for high frame rate video 1080p50/60 are about 50% higher than for lower frame rate video (1080p25/30 or 1080i) at the same quality preset.
The most recent update for the HyperDeck Mini updated the maximum clip length before rolling over to a new file (Grant mentioned in the video introduction that you can record for at least 3 hours, maybe longer at some resolutions, before it rolls over the recording into a second file). Since it sounds like the HyperDeck and ATEM Mini Pro are using the same H.264 encoding implementation internally, I would expect that the ATEM Mini Pro would behave the same way when recording using the HyperDeck quality presets.