Best/least expensive GPU for decent Plex transcoding?

I’m looking to move from a Synology NAS with Plex to get something dedicated that is more powerful/can do more transcoding streams at once.

What is everyone using and how many streams can you transcode at once?

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I've used as little as a virtual machine running on my gaming computer to a full blown dedicated server. Really for transcoding as long as it has some cpu cores you can have a good dedicated older machine running plex fine. You don't need a gpu at all for a handful of streams. I think my max concurrent was 5 ever and I only upgraded for maintainability purposes.

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