Article 6KC16 FFMPEG reduce a video to specific file size and keep best quality

FFMPEG reduce a video to specific file size and keep best quality

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blumenwesen
from LinuxQuestions.org on (#6KC16)
The videos have 1.5gb to 10gb, length 0.20h to 10h, and the target size should not exceed about 1gb.
Similar to the example but with the best possible quality, can libx265 be used or better option than in the example?
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