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I am not Mac aware, I would suggest turning off any programs running in the background, dissabling any power budget schemes. Usually due to programs competing for system resources.
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Try a different keyboard and mouse. I've seen more than one instance of them causing mayhem.
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I'm in the process of repacking some Hi8 and HDV legacy items myself.
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You may wish to double check whatever power management utilities the laptop may use. Some may be in system BIOS.
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The LG consumer OLEDS yield nice images, I find you have to turn off all the factory enabled picture "enhancements" in advanced settings, lower the contrast and chroma levels, then you get a very "honest" display.
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Hi Pat, I had to smile. Sort of like Dad talking his son out of a Corvette into a Camry...
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Most advise can be offered on established hardware with some track record. whilst new and latest is more, "no reason why it should not work".
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Have you tried Apple diagnostics? Possibly a flaw in system memory.
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If you are encoding to AVC rather than mpeg-2 that time seems right on a PC of that capability.