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DaVinci Resolve Transcoding

I'm going to be using DaVinci Resolve for transcoding some projects of mine but I'm not sure which format I want to use. My main options are DNxHR and GoPro Cineform. The footage I'm shooting is from a Lumix G7 so it's only 8-bit, thus I don't need to use a 10 bit transcode codec. I simply want to improve cpu usage while editing as well as stitch some clips together before importing into hitfilm. What codec and settings would be recommended for this? 

PC Specs:

CPU: AMD 1700x Cooler: Corsair H100i V2 Motherboard: Asus Crosshair VI Hero RAM: 4 * 8GB G.Skill RGB DDR4 Graphics: EVGA GTX 1080 Ti SC2 Storage: Samsung 960 EVO 500GB Case: Fractal Design Meshify C PSU: EVGA 750w G3 Monitors: Dell SG2716DG +  2x Dell U2515H


Freenas specs:

CPU: Intel Xeon E5-2650 V2 Cooler: Some noctua cooler Motherboard: Supermicro X9 SRL-F RAM: 8 * 8GB Samsung DDR3 ECC Storage: 6 * 4TB Seagate 7200 RPM RAIDZ2 Controller: LSI H220 Case: Phanteks Enthoo Pro PSU: EVGA 650w G3


Phone: iPhone 6S 32 GB Space Grey

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