Moved to Hardware forum for expert advice.
I checked the dropdown list in the Hardware forum - there is a link to the system requirements for Adobe Premiere Pro. It would seem that at the present time that GTX1070 is not compatible with Adobe Premiere Pro (I stand corrected). I will check periodically as I expect this to be temporary.
I would suggest my question be removed or tagged as answered.
The list has not been updated for quite a while.
Thanks for following up on this.
I would have expected the list to be updated. I am disappointed to be back where I started. However, I am sure that the issue is of a temporary nature and will be fixed eventually, hopefully soon.
i actually have the issue with my new laptop - GTX 1070
Cuda is selectable but GPU acceleration does not work ever.
tired all workarounds you can find online, none worked so far.
can someone confirm the card ist not supported?
The card is supported.
Download latest driver.
De install driver, reboot, install