While you may not notice a differene in output quality, there clearly is one since the hardware-produced version must have a higher bitrate to give you that bigger file size. If you check the file properties oif each produced clip, you should see that difference. Use MediaInfo, or right-click on each clip in PD and choose View Properties to see the details.
Whenever SVRT is available, it is almost certainly the best choice for fast, high quality output, because only the parts that were changed in PD will be re-rendered by the CPU.
About the only exception is if you have some sections with significant edits, like color changes or GPU-heavy effects. Using hardware to produce the entire clip may be faster than SVRT, which can only use the CPU. If you use SVRT and then see the time remaining start to climb and climb and climb, you can cancel and switch to hardware producing and see if that will produce more quickly.
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