Your understanding is correct, and in theory more bits are better. But in practice, if you shoot the same scene repeatedly, you never get exactly the same signal for a pixel because of sensor noise (read noise, shot noise, etc.). Even at the best ISO, this noise is roughly 1-2 least significant bits, so a 14-bit container for a 12-stop dynamic range is already more than enough, and higher bit depth does not bring practical benefits.I'm confused by this response. If I produce a Greyscale from black to white and quantise it with a fixed number of points, let's say 4bit so 16 points on that scale, one point is for black and one is for white which are the minimum and maximum values, I have 14 points of grey in between. Every value in between these points will be rounded up or down to the nearest point, which means I'm losing that information in the digital conversion.
Why would increasing the amount of points to round up or down to, be random numbers?
As far as I know the signal that comes from the photodiode is analog so there's basically infinite information available between black and white.
If the dynamic range is reduced (e.g., by using an electronic shutter), the sensor simply cannot distinguish some of the extreme tones anymore, but the fineness of the remaining values is unchanged. Using a lower-bit container just discards the bits that mostly contain noise, leaving plenty of usable levels for the actual signal.
You’re right that using fewer bits than the usable dynamic range would be a problem, and you’re also right that higher bit depth can theoretically give more precise measurements – but for real-world photography with low-noise sensors, the difference is negligible.
I wanted to compare it to shooting with a lens that can resolve 10 Mpix on a 65 Mpix sensor, and then switching to a lens that can do 8 Mpix with a 45 Mpix sensor, thinking that the 65 Mpixsensor wouldn’t bring benefits. However, this analogy isn’t quite correct: the numbers don’t match, and unlike sensor noise, the lens doesn’t introduce random variation, so the situation is different.
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